Short-term debt in Azerbaijan
Azerbaijan: Short-term debt was 1.7% in 2024. ◆ Volatile
Short-term debt in Azerbaijan, 1993–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Azerbaijan stood at 1.7%.
The figure is down 61.4% on the previous year and down 86.7% over ten years.
Over the whole period, short-term debt in Azerbaijan peaked at 472.7% in 1994 and was at its lowest, 0.0%, in 2021.
Azerbaijan ranks 101st of 111 countries on this measure, 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 total reserves | Change |
|---|---|---|
| 1993 | 6.8% | — |
| 1994 | 472.7% | +6872.6% |
| 1995 | 11.6% | -97.5% |
| 1996 | 7.2% | -37.6% |
| 1997 | 0.9% | -88.2% |
| 1998 | 0.3% | -61.5% |
| 1999 | 4.3% | +1206.7% |
| 2000 | 23.0% | +433.1% |
| 2001 | 14.2% | -38.3% |
| 2002 | 11.4% | -19.4% |
| 2003 | 12.8% | +12.2% |
| 2004 | 12.8% | +0.1% |
| 2005 | 15.8% | +23.0% |
| 2006 | 20.8% | +31.7% |
| 2007 | 26.5% | +27.4% |
| 2008 | 17.6% | -33.7% |
| 2009 | 11.1% | -36.8% |
| 2010 | 15.6% | +40.5% |
| 2011 | 0.9% | -94.3% |
| 2012 | 14.5% | +1532.9% |
| 2013 | 10.6% | -26.9% |
| 2014 | 13.0% | +22.5% |
| 2015 | 21.9% | +69.0% |
| 2016 | 20.8% | -4.8% |
| 2017 | 9.6% | -53.9% |
| 2018 | 8.5% | -11.4% |
| 2019 | 8.7% | +2.6% |
| 2020 | 5.8% | -33.4% |
| 2021 | 0.0% | -100.0% |
| 2022 | 4.5% | — |
| 2023 | 4.5% | -0.2% |
| 2024 | 1.7% | -61.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72.0% | 0.3% | 472.7% | 7 |
| 2000s | 16.6% | 11.1% | 26.5% | 10 |
| 2010s | 12.4% | 0.9% | 21.9% | 10 |
| 2020s | 3.3% | 0.0% | 5.8% | 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)
- Manufacturing, value added (constant LCU), per capita 218.81 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -5.04 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3951 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 2,928 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -5.04 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.6718 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,978 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -0.7582 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Azerbaijan?
- Short-term debt in Azerbaijan was 1.7% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Azerbaijan?
- The highest recorded value was 472.7% in 1994.
- 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 101st out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Azerbaijan?
- Over the last ten years it is down 86.7%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.