Azerbaijan Short-term Debt
Short-term debt as % of total external debt DT.DOD.DSTC.ZS
Azerbaijan's short-term debt was 3.03% in 2025, ranked 89th globally. This represents a 69.1% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Azerbaijan's short-term debt stood at 3.03% in 2025, a rise of +1.24% from 2024. Based on recent trends, this figure is projected to reach 3.03% by 2025. Azerbaijan ranked 89th globally.
Azerbaijan’s short‑term external debt has shown pronounced volatility over the 33‑year span from 1993 to 2025, rising from a modest 0.11 in the early 1990s to an all‑time peak of 28.85 in 2007 before collapsing to a trough of 0.00 in 2021. The latest World Bank figure for 2025 stands at 3.03, placing the country 89th in the global ranking and positioning it near peers such as Gabon (3.00) and Rwanda (3.50). The 2007 surge coincided with a period of rapid investment in energy infrastructure, while the 2021 trough reflects a combination of debt‑service reductions and fiscal consolidation measures. Despite the recent rebound, the level remains well below the historic high, suggesting that Azerbaijan has adopted a more cautious short‑term borrowing stance. Continued diversification of revenue sources and prudent fiscal management will be crucial if the country aims to keep short‑term debt low and avoid a repeat of the 2007 peak.
Data & projection
| Year | Short-term Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.46% | - | - |
| 2026* trend | 3.24% | - | - |
| 2025* trend | 3.03% | - | - |
| 2025 | 3.03% | +1.24% | #89 |
| 2024 | 1.79% | −2.30% | #22 |
| 2023 | 4.09% | +0.81% | #33 |
| 2022 | 3.28% | +3.28% | #26 |
| 2021 | 0.00% | −2.76% | #1 |
| 2020 | 2.76% | −0.99% | #22 |
| 2019 | 3.75% | +0.29% | #31 |
| 2018 | 3.46% | −0.95% | #30 |
| 2017 | 4.41% | −5.24% | #37 |
| 2016 | 9.65% | −2.09% | #59 |
| 2015 | 11.74% | −4.93% | #67 |
| 2014 | 16.68% | +1.53% | #82 |
| 2013 | 15.15% | +0.12% | #77 |
| 2012 | 15.02% | +13.85% | #75 |
| 2011 | 1.18% | −12.53% | #19 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw short-term debt improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's short-term debt was 3.03% in 2025. Ranked 89th globally. This represents a 69.1% increase from the previous year.
Azerbaijan's short-term debt peaked at 28.85% in 2007.
The lowest short-term debt in Azerbaijan was 0.00% in 2021.
Azerbaijan ranks 89th globally in short-term debt as of 2025.
The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.
Azerbaijan's short-term debt is projected to reach 3.03% by 2025 based on trend extrapolation.
The short-term debt of Azerbaijan in 2025 was 3.03%. This ranks 89th in the world.
Cite this page
@misc{historysaid_azerbaijan_short-term-debt,
title = {Azerbaijan Short-term Debt},
url = {https://historysaid.com/azerbaijan/short-term-debt/},
publisher = {HistorySaid},
year = {2026}
}