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Gross debt in Azerbaijan

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Azerbaijan in the period from 1998 to 2020 was between 635.4 million and 9.5 billion USD. The hightest level within the past 22 years was reached in 2015. However, the liabilities in 2020 have been only 9 billion USD

Based on the number of inhabitants, this is in Azerbaijan a debt of 902 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.


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Gross debt of the last 22 years in billion USD




YearAzerbaijan totalAzerbaijan per capitaEU per capita
19980.64 bn USD80 USD12,387 USD
19991.16 bn USD146 USD12,342 USD
20001.20 bn USD150 USD9,877 USD
20011.39 bn USD172 USD9,894 USD
20021.44 bn USD176 USD10,773 USD
20031.59 bn USD193 USD13,433 USD
20040.84 bn USD101 USD15,459 USD
20050.91 bn USD108 USD16,095 USD
20061.11 bn USD131 USD16,570 USD
20071.32 bn USD154 USD18,334 USD
20081.57 bn USD180 USD21,119 USD
20092.09 bn USD234 USD22,222 USD
20102.64 bn USD291 USD26,496 USD
20113.28 bn USD357 USD29,231 USD
20124.06 bn USD437 USD28,064 USD
20134.58 bn USD487 USD29,836 USD
20146.42 bn USD673 USD30,512 USD
20159.54 bn USD989 USD25,813 USD
20167.80 bn USD800 USD26,165 USD
20179.20 bn USD933 USD26,931 USD
20188.80 bn USD886 USD28,362 USD
20198.51 bn USD849 USD27,095 USD
20209.11 bn USD902 USD30,780 USD


Comparison of the gross debt per capita with the European Union in Euro



      Azerbaijan       European Union


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