External debt stocks as a proportion of GNI in Azerbaijan
Azerbaijan: External debt stocks as a proportion of GNI was 17.0% in 2024. ▲ Rising
Latest (2024)
17.0%
Change on year
down 21.2%
World rank
115th
of 129 countries
All-time high
40.7%
in 2016
All-time low
10.3%
in 2008
Years of data
25
2000–2024
External debt stocks as a proportion of GNI in Azerbaijan, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, external debt stocks as a proportion of gni in Azerbaijan stood at 17.0%.
Compared with earlier readings it is down 21.2% on the previous year and up 2.8% over ten years.
Over the whole period, external debt stocks as a proportion of gni in Azerbaijan peaked at 40.7% in 2016 and was at its lowest, 10.3%, in 2008.
Azerbaijan ranks 115th of 129 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
External debt stocks as a proportion of GNI in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 30.6% | — |
| 2001 | 27.3% | -10.8% |
| 2002 | 28.2% | +3.1% |
| 2003 | 27.9% | -1.0% |
| 2004 | 26.8% | -3.7% |
| 2005 | 19.3% | -27.9% |
| 2006 | 15.3% | -21.1% |
| 2007 | 13.9% | -8.9% |
| 2008 | 10.3% | -25.8% |
| 2009 | 11.2% | +8.2% |
| 2010 | 14.6% | +31.2% |
| 2011 | 12.6% | -14.2% |
| 2012 | 16.5% | +31.4% |
| 2013 | 15.0% | -9.0% |
| 2014 | 16.6% | +10.3% |
| 2015 | 25.7% | +54.7% |
| 2016 | 40.7% | +58.5% |
| 2017 | 38.9% | -4.3% |
| 2018 | 36.7% | -5.7% |
| 2019 | 35.5% | -3.3% |
| 2020 | 38.6% | +8.8% |
| 2021 | 29.0% | -24.9% |
| 2022 | 21.0% | -27.5% |
| 2023 | 21.6% | +2.8% |
| 2024 | 17.0% | -21.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.1% | 10.3% | 30.6% | 10 |
| 2010s | 25.3% | 12.6% | 40.7% | 10 |
| 2020s | 25.5% | 17.0% | 38.6% | 5 |
Countries ranked near Azerbaijan
- 112 Afghanistan 19.9% compare
- 113 India 18.6% compare
- 114 Democratic Republic of the Congo 18.3% compare
- 116 Russian Federation 16.8% compare
- 116 Russian Federation 16.8% compare
- 118 Chad 16.4% compare
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Imports of goods and services (current US$), annual growth rate 2.24 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3681 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,728 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 2.24 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.6257 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 4,637 current LCU per person (2025)
- External balance on goods and services (current US$), annual growth -30.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -30.33 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks as a proportion of gni in Azerbaijan?
- External debt stocks as a proportion of gni in Azerbaijan was 17.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest external debt stocks as a proportion of gni recorded in Azerbaijan?
- The highest recorded value was 40.7% in 2016.
- What is the lowest external debt stocks as a proportion of gni recorded in Azerbaijan?
- The lowest recorded value was 10.3% in 2008.
- How does Azerbaijan rank for external debt stocks as a proportion of gni?
- Azerbaijan ranks 115th out of 129 countries with data for 2024.
- Is external debt stocks as a proportion of gni rising or falling in Azerbaijan?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of External debt stocks as a proportion of GNI (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).