NATIONAL PUBLIC DEBT Azerbaijan 2024

Debt decreased in Azerbaijan

In 2024 Azerbaijan public debt was 14,320 million euros15,495 million dollars, has decreased 283299 million since 2023.

This amount means that the debt in 2024 reached 20.85% of Azerbaijan GDP, a 0.96 percentage point fall from 2023, when it was 21.81% of GDP.

If we check the tables we can see the evolution of Azerbaijan debt. It has risen since 2014 in global debt terms, when it was 4,830 million euros 6,419 million dollars and also in terms of GDP percentage, when it amounted to 8.53%.

According to the last data point published, Azerbaijan per capita debt in 2024 was 1,407 euros1,522 dollars per inhabitant. In 2023 it was 1,434 euros 1,551 dollars, afterwards dropping by 27 euros 29dollars, and if we again check 2014 we can see that then the debt per person was 504 euros669 dollars .

The position of Azerbaijan, as compared with the rest of the world, has remained in 2024 in terms of GDP percentage. Currently it is country number 15 in the list of debt to GDP and 62 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Azerbaijan. You can see debt in other countries in Public debt and see all the information about Azerbaijan in economy of Azerbaijan.

Azerbaijan: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202414,32015,49520.85%€1,407$1,522
202314,60315,79421.81%€1,434$1,551
202212,95513,65317.32%€1,279$1,348
202112,20614,44626.35%€1,202$1,422
20207,9789,10521.33%€788$900
20197,5978,50617.66%€755$845
20187,4518,80418.69%€747$882
20178,2479,31322.51%€833$941
20167,0457,79620.61%€718$795
20158,5889,52917.98%€885$982
20144,8306,4198.53%€504$669
20133,4504,5836.18%€364$484
20123,1604,0635.83%€338$434
20112,3543,2764.97%€255$355
20101,9862,6354.98%€218$289
20091,5032,0944.73%€167$233
20081,0701,5743.22%€120$177
20079651,3234.00%€112$153
20068851,1115.30%€104$130
20057299076.86%€86$108
20046788439.71%€81$101
200368677610.66%€83$94
200278474111.89%€96$90
200179271012.95%€97$87
200075069313.13%€93$86
19991,0911,16425.41%€136$145
199861114.29%$77
199749411.44%$63
199653116.72%$68
199546419.21%$60
Azerbaijan: Evolution of debt as a percentage of GDP

Azerbaijan: Evolution of debt in millions