Short-term debt in Azerbaijan
Azerbaijan: Short-term debt was 0.6% in 2024. ◆ Volatile
Short-term debt in Azerbaijan, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Azerbaijan stood at 0.6%.
The figure is down 63.6% on the previous year and down 89.9% over ten years.
Over the whole period, short-term debt in Azerbaijan peaked at 7.5% in 2016 and was at its lowest, 0.0%, in 2021.
That places Azerbaijan 109th out of 119 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Azerbaijan, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1995 | 1.8% | — |
| 1996 | 1.9% | +8.5% |
| 1997 | 0.3% | -82.2% |
| 1998 | 0.1% | -58.6% |
| 1999 | 2.2% | +1487.7% |
| 2000 | 7.2% | +220.4% |
| 2001 | 4.3% | -40.6% |
| 2002 | 3.1% | -28.3% |
| 2003 | 3.3% | +8.9% |
| 2004 | 3.3% | -1.1% |
| 2005 | 2.2% | -32.3% |
| 2006 | 3.7% | +66.6% |
| 2007 | 5.0% | +34.3% |
| 2008 | 3.5% | -29.9% |
| 2009 | 2.6% | -27.0% |
| 2010 | 3.5% | +35.4% |
| 2011 | 0.2% | -93.1% |
| 2012 | 4.3% | +1702.9% |
| 2013 | 4.3% | +0.8% |
| 2014 | 5.9% | +35.9% |
| 2015 | 7.3% | +23.1% |
| 2016 | 7.5% | +3.8% |
| 2017 | 3.2% | -57.7% |
| 2018 | 2.1% | -34.2% |
| 2019 | 2.4% | +16.4% |
| 2020 | 2.6% | +8.3% |
| 2021 | 0.0% | -100.0% |
| 2022 | 1.0% | — |
| 2023 | 1.6% | +57.8% |
| 2024 | 0.6% | -63.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.6% is below the median for upper middle income countries, which is 17.7%, 3% of the median. (51 countries reporting)
- Azerbaijan's 0.6% is below the median for Europe & Central Asia, which is 18.6%, 3% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 2012 | +1702.9% | 0.2% | 4.3% |
| 1999 | +1487.7% | 0.1% | 2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.3% | 0.1% | 2.2% | 5 |
| 2000s | 3.8% | 2.2% | 7.2% | 10 |
| 2010s | 4.1% | 0.2% | 7.5% | 10 |
| 2020s | 1.2% | 0.0% | 2.6% | 5 |
Countries ranked near Azerbaijan
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Azerbaijan?
- Short-term debt in Azerbaijan was 0.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Azerbaijan?
- The highest recorded value was 7.5% in 2016.
- What is the lowest short-term debt recorded in Azerbaijan?
- The lowest recorded value was 0.0% in 2021.
- How does Azerbaijan rank for short-term debt?
- Azerbaijan ranks 109th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Azerbaijan?
- Over the last ten years it is down 89.9%. 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 Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.