Government gross debt in Azerbaijan

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 20.0% 2027: 20.0% 2028: 19.9% 2029: 19.9% 2030: 20.0% 2031: 20.2%

25.4 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	25.4
Jan 1998	14.3
Jan 1997	11.4
Jan 1996	16.7
Jan 1995	19.2

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.

What it is

Government gross debt is the total stock of liabilities owed by Azerbaijan's general government to its creditors. It is expressed in absolute terms and, above all, as a percentage of GDP to assess sustainability.

How it's calculated

It totals general government liabilities (securities, loans and deposits) using Finance Ministry data and IMF estimates. The debt-to-GDP ratio sets that stock against the size of the economy.

Market implications

In an economy heavily tied to oil and gas, Azerbaijan's debt stays contained thanks to energy revenue and the SOFAZ sovereign fund; a sustained rise, however, would flag fiscal strain and pressure on the manat.

Limitations

It is a low-frequency figure revised with the national accounts. The ratio hinges on both the debt stock and nominal GDP, which is highly sensitive to oil prices, so it can shift with the energy cycle rather than with borrowing.