Net lending (+) / net borrowing (-) in Azerbaijan
Azerbaijan: Net lending (+) / net borrowing (-) was 4.96 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Azerbaijan recorded 4.96 billion current LCU for net lending (+) / net borrowing (-) in 2024.
That represents a change of down 30.5% on the previous year and up 81.7% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Azerbaijan peaked at 14.74 billion current LCU in 2022 and was at its lowest, -3.82 billion current LCU, in 2020.
Azerbaijan ranks 19th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | -41.84 million current LCU | — |
| 1995 | -66.82 million current LCU | +59.7% |
| 1996 | -64.57 million current LCU | -3.4% |
| 1997 | -125.31 million current LCU | +94.1% |
| 1998 | -170.02 million current LCU | +35.7% |
| 1999 | -176.15 million current LCU | +3.6% |
| 2008 | 7.85 billion current LCU | -4558.3% |
| 2009 | 2.70 billion current LCU | -65.7% |
| 2010 | 6.56 billion current LCU | +143.4% |
| 2011 | 6.70 billion current LCU | +2.1% |
| 2012 | 3.27 billion current LCU | -51.2% |
| 2013 | 2.84 billion current LCU | -13.2% |
| 2014 | 2.73 billion current LCU | -3.9% |
| 2015 | -1.48 billion current LCU | -154.3% |
| 2016 | 1.50 billion current LCU | -201.0% |
| 2017 | 1.31 billion current LCU | -12.3% |
| 2018 | 7.61 billion current LCU | +480.3% |
| 2019 | 5.17 billion current LCU | -32.0% |
| 2020 | -3.82 billion current LCU | -173.8% |
| 2021 | 4.49 billion current LCU | -217.4% |
| 2022 | 14.74 billion current LCU | +228.4% |
| 2023 | 7.14 billion current LCU | -51.6% |
| 2024 | 4.96 billion current LCU | -30.5% |
Azerbaijan compared with similar countries
- Azerbaijan's 4.96 billion current LCU is above the median for upper middle income countries, which is -15.25 billion current LCU. (47 countries reporting)
- Azerbaijan's 4.96 billion current LCU is above the median for Europe & Central Asia, which is -6.97 billion current LCU. (48 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) 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 |
|---|---|---|---|
| 2008 | +4558.3% | -176.15 million current LCU | 7.85 billion current LCU |
| 2018 | +480.3% | 1.31 billion current LCU | 7.61 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -107.45 million current LCU | -176.15 million current LCU | -41.84 million current LCU | 6 |
| 2000s | 5.27 billion current LCU | 2.70 billion current LCU | 7.85 billion current LCU | 2 |
| 2010s | 3.62 billion current LCU | -1.48 billion current LCU | 7.61 billion current LCU | 10 |
| 2020s | 5.50 billion current LCU | -3.82 billion current LCU | 14.74 billion current LCU | 5 |
Countries ranked near Azerbaijan
- 16 Ireland 24.80 billion current LCU compare
- 17 Nicaragua 16.84 billion current LCU compare
- 18 United Arab Emirates 7.87 billion current LCU compare
- 20 Afghanistan 4.57 billion current LCU compare
- 21 Switzerland 4.20 billion current LCU compare
- 22 Belarus 3.24 billion current LCU compare
More public sector data for Azerbaijan
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Azerbaijan?
- Net lending (+) / net borrowing (-) in Azerbaijan was 4.96 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Azerbaijan?
- The highest recorded value was 14.74 billion current LCU in 2022.
- What is the lowest net lending (+) / net borrowing (-) recorded in Azerbaijan?
- The lowest recorded value was -3.82 billion current LCU in 2020.
- How does Azerbaijan rank for net lending (+) / net borrowing (-)?
- Azerbaijan ranks 19th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Azerbaijan?
- Over the last ten years it is up 81.7%. 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.