Facts
- Government gross debt, % of GDP
- 20.1 % (2025)
- Fiscal balance, % of GDP
- 2.6 % (2025)
- GDP, current prices
- $75.9 bn (2025)
- Current account, % of GDP
- 4.6 % (2025)
- Debt level
- Below 30% of GDP
- Change in debt ratio, last 10 years
- +2.1 pp
- Central government debt, % of GDP (World Bank)
- 6.4 % (2010)
- ISO code
- AZE
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $75.9 bn |
| 2024 | $74.4 bn |
| 2023 | $72.4 bn |
| 2022 | $78.8 bn |
| 2021 | $54.8 bn |
| 2020 | $42.7 bn |
| 2019 | $48.2 bn |
| 2018 | $47.1 bn |
| 2017 | $41.4 bn |
| 2016 | $37.8 bn |
| 2015 | $53.0 bn |
| 2014 | $75.2 bn |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | 4.6 % |
| 2024 | 6.3 % |
| 2023 | 11.5 % |
| 2022 | 29.8 % |
| 2021 | 15.1 % |
| 2020 | -0.5 % |
| 2019 | 9.1 % |
| 2018 | 12.8 % |
| 2017 | 4.1 % |
| 2016 | -3.6 % |
| 2015 | -0.4 % |
| 2014 | 13.9 % |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | 2.6 % |
| 2024 | 4.1 % |
| 2023 | 7.9 % |
| 2022 | 6.0 % |
| 2021 | 4.2 % |
| 2020 | -6.4 % |
| 2019 | 9.0 % |
| 2018 | 5.4 % |
| 2017 | -1.3 % |
| 2016 | -1.2 % |
| 2015 | -4.8 % |
| 2014 | 2.7 % |
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 20.1 % |
| 2024 | 21.6 % |
| 2023 | 21.8 % |
| 2022 | 17.3 % |
| 2021 | 26.3 % |
| 2020 | 21.3 % |
| 2019 | 17.7 % |
| 2018 | 18.7 % |
| 2017 | 22.5 % |
| 2016 | 20.6 % |
| 2015 | 18.0 % |
| 2014 | 8.5 % |
Central government debt, % of GDP (World Bank)
| Period | Value |
|---|---|
| 2010 | 6.39 |
| 2009 | 6.30 |
| 2008 | 4.58 |