External debt stocks, total (DOD, current US$) in Azerbaijan
Azerbaijan: External debt stocks, total was 12.20 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, total in Azerbaijan, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, total in Azerbaijan stood at 12.20 billion DOD, current US$.
Compared with earlier readings it is down 18.6% on the previous year and up 0.7% over ten years.
Over the whole period, external debt stocks, total in Azerbaijan peaked at 16.46 billion DOD, current US$ in 2018 and was at its lowest, 35.54 million DOD, current US$, in 1993.
Azerbaijan ranks 65th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total in Azerbaijan, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1993 | 35.54 million DOD, current US$ | — |
| 1994 | 112.81 million DOD, current US$ | +217.4% |
| 1995 | 320.99 million DOD, current US$ | +184.5% |
| 1996 | 438.31 million DOD, current US$ | +36.6% |
| 1997 | 508.06 million DOD, current US$ | +15.9% |
| 1998 | 706.60 million DOD, current US$ | +39.1% |
| 1999 | 1.29 billion DOD, current US$ | +82.4% |
| 2000 | 1.59 billion DOD, current US$ | +23.0% |
| 2001 | 1.52 billion DOD, current US$ | -4.1% |
| 2002 | 1.70 billion DOD, current US$ | +12.0% |
| 2003 | 1.96 billion DOD, current US$ | +15.1% |
| 2004 | 2.19 billion DOD, current US$ | +11.9% |
| 2005 | 2.27 billion DOD, current US$ | +3.5% |
| 2006 | 2.82 billion DOD, current US$ | +24.2% |
| 2007 | 3.92 billion DOD, current US$ | +39.1% |
| 2008 | 4.52 billion DOD, current US$ | +15.2% |
| 2009 | 4.58 billion DOD, current US$ | +1.3% |
| 2010 | 7.29 billion DOD, current US$ | +59.1% |
| 2011 | 7.72 billion DOD, current US$ | +6.0% |
| 2012 | 10.86 billion DOD, current US$ | +40.6% |
| 2013 | 10.60 billion DOD, current US$ | -2.4% |
| 2014 | 12.12 billion DOD, current US$ | +14.3% |
| 2015 | 13.18 billion DOD, current US$ | +8.8% |
| 2016 | 14.47 billion DOD, current US$ | +9.8% |
| 2017 | 15.30 billion DOD, current US$ | +5.7% |
| 2018 | 16.46 billion DOD, current US$ | +7.6% |
| 2019 | 16.44 billion DOD, current US$ | -0.2% |
| 2020 | 16.38 billion DOD, current US$ | -0.3% |
| 2021 | 15.58 billion DOD, current US$ | -4.9% |
| 2022 | 15.46 billion DOD, current US$ | -0.8% |
| 2023 | 14.99 billion DOD, current US$ | -3.0% |
| 2024 | 12.20 billion DOD, current US$ | -18.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 12.20 billion DOD, current US$ is below the median for upper middle income countries, which is 18.94 billion DOD, current US$, 64% of the median. (52 countries reporting)
- Azerbaijan's 12.20 billion DOD, current US$ is below the median for Europe & Central Asia, which is 15.14 billion DOD, current US$, 81% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +217.4% | 35.54 million DOD, current US$ | 112.81 million DOD, current US$ |
| 1995 | +184.5% | 112.81 million DOD, current US$ | 320.99 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 487.34 million DOD, current US$ | 35.54 million DOD, current US$ | 1.29 billion DOD, current US$ | 7 |
| 2000s | 2.71 billion DOD, current US$ | 1.52 billion DOD, current US$ | 4.58 billion DOD, current US$ | 10 |
| 2010s | 12.44 billion DOD, current US$ | 7.29 billion DOD, current US$ | 16.46 billion DOD, current US$ | 10 |
| 2020s | 14.92 billion DOD, current US$ | 12.20 billion DOD, current US$ | 16.38 billion DOD, current US$ | 5 |
Countries ranked near Azerbaijan
- 62 Papua New Guinea 12.85 billion DOD, current US$ compare
- 63 North Macedonia 12.84 billion DOD, current US$ compare
- 64 Democratic Republic of Congo 12.48 billion DOD, current US$ compare
- 66 Kyrgyzstan 11.69 billion DOD, current US$ compare
- 67 Myanmar 11.17 billion DOD, current US$ compare
- 68 Burkina Faso 10.85 billion DOD, current US$ 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)
- SDRs holdings, US dollar, annual growth rate -4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.58 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks, total in Azerbaijan?
- External debt stocks, total in Azerbaijan was 12.20 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Azerbaijan?
- The highest recorded value was 16.46 billion DOD, current US$ in 2018.
- What is the lowest external debt stocks, total recorded in Azerbaijan?
- The lowest recorded value was 35.54 million DOD, current US$ in 1993.
- How does Azerbaijan rank for external debt stocks, total?
- Azerbaijan ranks 65th out of 122 countries with data for 2024.
- Is external debt stocks, total rising or falling in Azerbaijan?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, total (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.