Total debt service in Azerbaijan

Azerbaijan: Total debt service was 2.7% in 2023. ◆ Volatile

Latest (2023)
2.7%
Change on year
up 20.2%
World rank
82nd
of 119 countries
All-time high
6.0%
in 2018
All-time low
0.0%
in 1994
Years of data
30
1994–2023

Total debt service in Azerbaijan, 1994–2023

02461994200820231994: 0.029 % of GNI1995: 0.42 % of GNI1996: 0.311 % of GNI1997: 2 % of GNI1998: 0.535 % of GNI1999: 1.4 % of GNI2000: 2.7 % of GNI2001: 2.5 % of GNI2002: 2.7 % of GNI2003: 3.2 % of GNI2004: 2.9 % of GNI2005: 2.1 % of GNI2006: 1.5 % of GNI2007: 0.957 % of GNI2008: 0.756 % of GNI2009: 0.889 % of GNI2010: 0.835 % of GNI2011: 1.8 % of GNI2012: 2 % of GNI2013: 2.8 % of GNI2014: 2.6 % of GNI2015: 3.7 % of GNI2016: 5 % of GNI2017: 5.7 % of GNI2018: 6 % of GNI2019: 4.5 % of GNI2020: 4.4 % of GNI2021: 4 % of GNI2022: 2.2 % of GNI2023: 2.7 % of GNI

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

Azerbaijan recorded 2.7% for total debt service in 2023.

That represents a change of up 20.2% on the previous year and down 3.6% over ten years.

Over the whole period, total debt service in Azerbaijan peaked at 6.0% in 2018 and was at its lowest, 0.0%, in 1994.

That places Azerbaijan 82nd out of 119 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Total debt service in Azerbaijan, year by year

Annual values for Total debt service (% of GNI) in Azerbaijan, 1994 to 2023.
Year % of GNI Change
1994 0.0%
1995 0.4% +1332.5%
1996 0.3% -26.0%
1997 2.0% +533.8%
1998 0.5% -72.9%
1999 1.4% +168.9%
2000 2.7% +85.5%
2001 2.5% -5.2%
2002 2.7% +7.1%
2003 3.2% +16.8%
2004 2.9% -8.0%
2005 2.1% -29.0%
2006 1.5% -26.1%
2007 1.0% -37.3%
2008 0.8% -21.0%
2009 0.9% +17.6%
2010 0.8% -6.1%
2011 1.8% +117.9%
2012 2.0% +8.1%
2013 2.8% +39.8%
2014 2.6% -6.9%
2015 3.7% +44.9%
2016 5.0% +33.5%
2017 5.7% +14.7%
2018 6.0% +5.7%
2019 4.5% -25.8%
2020 4.4% -1.9%
2021 4.0% -8.7%
2022 2.2% -44.8%
2023 2.7% +20.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8% 0.0% 2.0% 6
2000s 2.0% 0.8% 3.2% 10
2010s 3.5% 0.8% 6.0% 10
2020s 3.3% 2.2% 4.4% 4

Countries ranked near Azerbaijan

  1. 79 Guinea-Bissau 2.8% compare
  2. 80 Guyana 2.7% compare
  3. 81 Philippines 2.7% compare
  4. 83 Nigeria 2.6% compare
  5. 84 Djibouti 2.5% compare
  6. 85 Sierra Leone 2.4% compare

See the full ranking of 119 places →

More population data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is total debt service in Azerbaijan?
Total debt service in Azerbaijan was 2.7% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in Azerbaijan?
The highest recorded value was 6.0% in 2018.
What is the lowest total debt service recorded in Azerbaijan?
The lowest recorded value was 0.0% in 1994.
How does Azerbaijan rank for total debt service?
Azerbaijan ranks 82nd out of 119 countries with data for 2023.
Is total debt service rising or falling in Azerbaijan?
Over the last ten years it is down 3.6%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in Azerbaijan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 26 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/azerbaijan/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release