Interest payments in Azerbaijan

Azerbaijan: Interest payments was 2.1% in 2022. ◆ Volatile

Latest (2022)
2.1%
Change on year
down 17.1%
World rank
125th
of 152 countries
All-time high
4.5%
in 2018
All-time low
0.2%
in 1994
Years of data
21
1994–2022

Interest payments in Azerbaijan, 1994–2022

012341994200820221994: 0.156 % of expense1995: 0.277 % of expense1996: 2.3 % of expense1997: 2.8 % of expense1998: 1.9 % of expense1999: 2.3 % of expense2008: 0.44 % of expense2009: 0.958 % of expense2010: 0.446 % of expense2011: 1.8 % of expense2012: 0.743 % of expense2013: 1.3 % of expense2014: 0.646 % of expense2015: 1.6 % of expense2016: 3.7 % of expense2017: 2.5 % of expense2018: 4.5 % of expense2019: 3.2 % of expense2020: 2.4 % of expense2021: 2.5 % of expense2022: 2.1 % of expense

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 122 United Arab Emirates 2.3% compare
  2. 123 Bosnia and Herzegovina 2.1% compare
  3. 124 Cambodia 2.1% compare
  4. 126 Finland 2.0% compare
  5. 127 Bhutan 1.9% compare
  6. 128 Latvia 1.9% compare

See the full ranking of 193 places →

More public sector data for Azerbaijan

All data for Azerbaijan →

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

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

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.