Interest payments in Azerbaijan
Azerbaijan: Interest payments was 0.9% in 2024. ◆ Volatile
Interest payments in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, interest payments in Azerbaijan stood at 0.9%.
That represents a change of down 48.5% on the previous year and up 147.0% over ten years.
Over the whole period, interest payments in Azerbaijan peaked at 3.0% in 1997 and was at its lowest, 0.2%, in 2008.
Azerbaijan ranks 143rd of 155 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Azerbaijan, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1994 | 0.2% | — |
| 1995 | 0.3% | +46.3% |
| 1996 | 2.5% | +722.3% |
| 1997 | 3.0% | +18.2% |
| 1998 | 2.0% | -34.1% |
| 1999 | 2.4% | +23.9% |
| 2008 | 0.2% | -93.2% |
| 2009 | 0.5% | +227.2% |
| 2010 | 0.2% | -63.3% |
| 2011 | 0.7% | +260.4% |
| 2012 | 0.4% | -44.3% |
| 2013 | 0.7% | +64.7% |
| 2014 | 0.4% | -45.6% |
| 2015 | 1.1% | +217.7% |
| 2016 | 2.9% | +156.1% |
| 2017 | 2.0% | -31.0% |
| 2018 | 2.4% | +21.4% |
| 2019 | 1.8% | -28.1% |
| 2020 | 2.2% | +26.3% |
| 2021 | 1.8% | -20.3% |
| 2022 | 1.2% | -32.1% |
| 2023 | 1.7% | +43.2% |
| 2024 | 0.9% | -48.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 0.2% | 3.0% | 6 |
| 2000s | 0.4% | 0.2% | 0.5% | 2 |
| 2010s | 1.3% | 0.2% | 2.9% | 10 |
| 2020s | 1.6% | 0.9% | 2.2% | 5 |
Countries ranked near Azerbaijan
More public sector data for Azerbaijan
- Arms imports 28.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.74 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 833.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 28.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 370.2 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0507 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.05 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.3 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Azerbaijan?
- Interest payments in Azerbaijan was 0.9% in 2024, 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 3.0% in 1997.
- What is the lowest interest payments recorded in Azerbaijan?
- The lowest recorded value was 0.2% in 2008.
- How does Azerbaijan rank for interest payments?
- Azerbaijan ranks 143rd out of 155 countries with data for 2024.
- Is interest payments rising or falling in Azerbaijan?
- Over the last ten years it is up 147.0%. 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 revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.