Interest payments in Azerbaijan
Azerbaijan: Interest payments was 445.48 million current LCU in 2024. ◆ Volatile
Interest payments in Azerbaijan, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, interest payments in Azerbaijan stood at 445.48 million current LCU.
That represents a change of down 48.7% on the previous year and up 429.1% over ten years.
Over the whole period, interest payments in Azerbaijan peaked at 868.01 million current LCU in 2023 and was at its lowest, 200,000 current LCU, in 1994.
Azerbaijan ranks 134th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.01 million current LCU | 200,000 current LCU | 16.37 million current LCU | 6 |
| 2000s | 55.70 million current LCU | 32.70 million current LCU | 78.70 million current LCU | 2 |
| 2010s | 326.29 million current LCU | 39.50 million current LCU | 769.40 million current LCU | 10 |
| 2020s | 631.99 million current LCU | 445.48 million current LCU | 868.01 million current LCU | 5 |
Countries ranked near Azerbaijan
More public sector data for Azerbaijan
- Arms imports 28.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.3% (2024)
- Taxes on income, profits and capital gains 17.1% (2024)
- Taxes on goods and services 21.7% (2024)
- Net investment in nonfinancial assets 7.9% (2024)
- Net lending (+) / net borrowing (-) 3.9% (2024)
- Interest payments 0.9% (2024)
- Grants and other revenue 40.5% (2024)
- Interest payments 2.1% (2022)
- Other taxes 0.8% (2024)
Frequently asked questions
- What is interest payments in Azerbaijan?
- Interest payments in Azerbaijan was 445.48 million current LCU 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 868.01 million current LCU in 2023.
- What is the lowest interest payments recorded in Azerbaijan?
- The lowest recorded value was 200,000 current LCU in 1994.
- How does Azerbaijan rank for interest payments?
- Azerbaijan ranks 134th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Azerbaijan?
- Over the last ten years it is up 429.1%. 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 (current LCU). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.