In 2018 Azerbaijan public debt was 7,451 million euros 8,800 million dollars, has decreased 796 516 million since 2017.
This amount means that the debt in 2018 reached 18.75% of Azerbaijan GDP, a 3.76 percentage point fall from 2017, when it was 22.51% of GDP.
If we check the tables we can see the evolution of Azerbaijan debt. It has risen since 2008 in global debt terms, when it was 1,073 million euros 1,578 million dollars and also in terms of GDP percentage, when it amounted to 3.22%.
According to the last data point published, Azerbaijan per capita debt in 2018 was 750 euros885 dollars per inhabitant. In 2017 it was 833 euros 941 dollars, afterwards dropping by 83 euros 56dollars, and if we again check 2008 we can see that then the debt per person was 121 euros177 dollars .
The position of Azerbaijan, as compared with the rest of the world, has improved in 2018 in terms of GDP percentage. Currently it is country number 10 in the list of debt to GDP and 48 in debt per capita, out of the 186 we publish.