Interest payments (% of expense) in Azerbaijan
Azerbaijan: Interest payments (% of expense) was 2.1% in 2022. ◆ Volatile
Interest payments in Azerbaijan, 1994–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Azerbaijan is 2.1%, measured in 2022.
The figure is down 17.1% on the previous year and up 176.2% over ten years.
Over the whole period, interest payments in Azerbaijan peaked at 4.5% in 2018 and was at its lowest, 0.2%, in 1994.
That places Azerbaijan 125th out of 152 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments (% of expense) in Azerbaijan, year by year
| Year | % of expense | Change |
|---|---|---|
| 1994 | 0.2% | — |
| 1995 | 0.3% | +77.3% |
| 1996 | 2.3% | +722.4% |
| 1997 | 2.8% | +22.1% |
| 1998 | 1.9% | -31.6% |
| 1999 | 2.3% | +19.9% |
| 2008 | 0.4% | -80.7% |
| 2009 | 1.0% | +117.6% |
| 2010 | 0.4% | -53.5% |
| 2011 | 1.8% | +295.4% |
| 2012 | 0.7% | -57.9% |
| 2013 | 1.3% | +70.9% |
| 2014 | 0.6% | -49.1% |
| 2015 | 1.6% | +142.9% |
| 2016 | 3.7% | +138.3% |
| 2017 | 2.5% | -32.6% |
| 2018 | 4.5% | +78.2% |
| 2019 | 3.2% | -28.9% |
| 2020 | 2.4% | -25.1% |
| 2021 | 2.5% | +3.5% |
| 2022 | 2.1% | -17.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 2.1% is below the median for upper middle income countries, which is 8.8%, 23% of the median. (47 countries reporting)
- Azerbaijan's 2.1% is below the median for Europe & Central Asia, which is 3.3%, 62% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Interest payments (% of expense) in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +722.4% | 0.3% | 2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 0.2% | 2.8% | 6 |
| 2000s | 0.7% | 0.4% | 1.0% | 2 |
| 2010s | 2.0% | 0.4% | 4.5% | 10 |
| 2020s | 2.3% | 2.1% | 2.5% | 3 |
Countries ranked near Azerbaijan
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Frequently asked questions
- What is interest payments in Azerbaijan?
- Interest payments in Azerbaijan was 2.1% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Azerbaijan?
- The highest recorded value was 4.5% in 2018.
- What is the lowest interest payments recorded in Azerbaijan?
- The lowest recorded value was 0.2% in 1994.
- How does Azerbaijan rank for interest payments?
- Azerbaijan ranks 125th out of 152 countries with data for 2022.
- Is interest payments rising or falling in Azerbaijan?
- Over the last ten years it is up 176.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.