Azerbaijan Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Azerbaijan's interest payments to revenue was 1.29% in 2025, ranked 97th globally. This represents a 24.6% decrease from 2024. Data from World Bank, covering 1994–2025.
Overview
Azerbaijan's interest payments to revenue stood at 1.29% in 2025, a decline of +0.42pp from 2023. Based on recent trends, this figure is projected to reach 1.29% by 2025. Azerbaijan ranked 97th globally.
Azerbaijan’s interest payments to revenue have risen to 1.29 % of total revenue in 2025, placing the country at 97th position worldwide. This level is higher than the all‑time trough of 0.17 % recorded in 2008 but remains well below the peak of 2.96 % reached in 1997, reflecting a gradual moderation since the post‑Soviet fiscal volatility of the late 1990s. Over the 23‑year series, the share of debt service has more than quintupled from the earliest observation of 0.21 % in 1994, indicating a steady increase in borrowing costs as the economy expanded and public investment intensified. By comparison, peer economies with similar rankings such as Latvia (1.34 %) and the Netherlands (1.28 %) exhibit slightly higher burdens, suggesting that Azerbaijan’s fiscal position is relatively moderate within its peer group. Continued consolidation of public finances and a stable external debt profile will be crucial to prevent a reversal toward higher ratios, especially if global interest rates rise.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 1.19% | - | - |
| 2025* trend | 1.29% | - | - |
| 2025 | 1.29% | −0.42pp | #97 |
| 2023 | 1.72% | +0.52pp | #15 |
| 2022 | 1.20% | −0.57pp | #15 |
| 2021 | 1.76% | −0.45pp | #25 |
| 2020 | 2.21% | +0.46pp | #31 |
| 2019 | 1.75% | −0.69pp | #25 |
| 2018 | 2.44% | +0.43pp | #32 |
| 2017 | 2.01% | −0.90pp | #26 |
| 2016 | 2.91% | +1.77pp | #34 |
| 2015 | 1.14% | +0.78pp | #16 |
| 2014 | 0.36% | −0.30pp | #7 |
| 2013 | 0.66% | +0.26pp | #9 |
| 2012 | 0.40% | −0.32pp | #6 |
| 2011 | 0.72% | +0.52pp | #9 |
| 2010 | 0.20% | −0.34pp | #3 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's interest payments to revenue was 1.29% in 2025. Ranked 97th globally. This represents a 24.6% decrease from the previous year.
Azerbaijan's interest payments to revenue peaked at 2.96% in 1997.
The lowest interest payments to revenue in Azerbaijan was 0.17% in 2008.
Azerbaijan ranks 97th globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Azerbaijan's interest payments to revenue is projected to reach 1.29% by 2025 based on trend extrapolation.
The interest payments to revenue of Azerbaijan in 2025 was 1.29%. This ranks 97th in the world.
Cite this page
@misc{historysaid_azerbaijan_interest-to-revenue,
title = {Azerbaijan Interest Payments to Revenue},
url = {https://historysaid.com/azerbaijan/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}