Net incurrence of liabilities, total in Azerbaijan, Republic of
Azerbaijan, Republic of: Net incurrence of liabilities, total was 1.61 billion current LCU in 2024. β Volatile
Net incurrence of liabilities, total in Azerbaijan, Republic of, 2008β2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Azerbaijan, Republic of is 1.61 billion current LCU, measured in 2024.
That represents a change of down 31.7% on the previous year and up 128.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Azerbaijan, Republic of peaked at 2.36 billion current LCU in 2023 and was at its lowest, -1.64 billion current LCU, in 2018.
That places Azerbaijan, Republic of 103rd out of 136 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -66.15 million current LCU | -126.00 million current LCU | -6.30 million current LCU | 2 |
| 2010s | -477.01 million current LCU | -1.64 billion current LCU | 705.50 million current LCU | 10 |
| 2020s | 1.69 billion current LCU | 445.05 million current LCU | 2.36 billion current LCU | 5 |
Countries ranked near Azerbaijan, Republic of
- 100 Georgia 1.93 billion current LCU compare
- 101 Tunisia 1.91 billion current LCU compare
- 102 Vanuatu 1.83 billion current LCU compare
- 104 Bosnia and Herzegovina 1.51 billion current LCU compare
- 105 Bahrain, Kingdom of 1.14 billion current LCU compare
- 106 El Salvador 859.60 million current LCU compare
More public sector data for Azerbaijan, Republic of
- 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)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.3 SIPRI trend indicator values per square kilometre (2023)
- Tax revenue 17.3% (2024)
- Capital stock, General government, Current prices, Domestic currency 86.42 (2019)
- Taxes on income, profits and capital gains 17.1% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 67.81 (2019)
Frequently asked questions
- What is net incurrence of liabilities, total in Azerbaijan, Republic of?
- Net incurrence of liabilities, total in Azerbaijan, Republic of was 1.61 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Azerbaijan, Republic of?
- The highest recorded value was 2.36 billion current LCU in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Azerbaijan, Republic of?
- The lowest recorded value was -1.64 billion current LCU in 2018.
- How does Azerbaijan, Republic of rank for net incurrence of liabilities, total?
- Azerbaijan, Republic of ranks 103rd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Azerbaijan, Republic of?
- Over the last ten years it is up 128.6%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan, Republic of data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.