Liquid liabilities to GDP (%) in Azerbaijan

Azerbaijan: Liquid liabilities to GDP (%) was 28.1% in 2021. ▲ Rising

Latest (2021)
28.1%
Change on year
down 0.1%
World rank
161st
of 186 countries
All-time high
55.9%
in 1994
All-time low
10.7%
in 1998
Years of data
30
1992–2021

Liquid liabilities to GDP in Azerbaijan, 1992–2021

1020304050601992200620211992: 38.6 %1993: 54.8 %1994: 55.9 %1995: 12.3 %1996: 11.3 %1997: 13.8 %1998: 10.7 %1999: 11.7 %2000: 16 %2001: 12.8 %2002: 12.5 %2003: 13.6 %2004: 16.7 %2005: 13.8 %2006: 17.4 %2007: 19.7 %2008: 20.3 %2009: 23.5 %2010: 24.3 %2011: 26.7 %2012: 30.6 %2013: 33.1 %2014: 35.4 %2015: 39.1 %2016: 25.2 %2017: 23.4 %2018: 22 %2019: 24.9 %2020: 28.1 %2021: 28.1 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, liquid liabilities to gdp in Azerbaijan stood at 28.1%.

That represents a change of down 0.1% on the previous year and up 5.1% over ten years.

Over the whole period, liquid liabilities to gdp in Azerbaijan peaked at 55.9% in 1994 and was at its lowest, 10.7%, in 1998.

Azerbaijan ranks 161st of 186 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Liquid liabilities to GDP (%) in Azerbaijan, year by year

Annual values for Liquid liabilities to GDP (%) in Azerbaijan, 1992 to 2021.
Year % Change
1992 38.6% —
1993 54.8% +42.1%
1994 55.9% +1.9%
1995 12.3% -78.0%
1996 11.3% -8.6%
1997 13.8% +22.4%
1998 10.7% -22.1%
1999 11.7% +9.4%
2000 16.0% +36.0%
2001 12.8% -19.7%
2002 12.5% -2.3%
2003 13.6% +8.2%
2004 16.7% +22.8%
2005 13.8% -17.2%
2006 17.4% +25.9%
2007 19.7% +13.4%
2008 20.3% +3.2%
2009 23.5% +15.4%
2010 24.3% +3.6%
2011 26.7% +9.8%
2012 30.6% +14.8%
2013 33.1% +8.1%
2014 35.4% +7.1%
2015 39.1% +10.4%
2016 25.2% -35.7%
2017 23.4% -7.1%
2018 22.0% -6.0%
2019 24.9% +13.3%
2020 28.1% +12.7%
2021 28.1% -0.1%

Azerbaijan compared with similar countries

  • Azerbaijan's 28.1% is below the median for upper middle income countries, which is 63.0%, 45% of the median. (55 countries reporting)
  • Azerbaijan's 28.1% is below the median for Europe & Central Asia, which is 75.1%, 37% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Liquid liabilities to GDP (%) 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.

YearChange FromTo
1995 -78.0% 55.9% 12.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 26.1% 10.7% 55.9% 8
2000s 16.6% 12.5% 23.5% 10
2010s 28.5% 22.0% 39.1% 10
2020s 28.1% 28.1% 28.1% 2

Countries ranked near Azerbaijan

  1. 158 Argentina 28.5% compare
  2. 159 Mauritania 28.4% compare
  3. 160 South Sudan 28.3% compare
  4. 162 Comoros 27.9% compare
  5. 163 Madagascar 27.6% compare
  6. 164 Solomon Islands 27.3% compare

See the full ranking of 186 places →

More financial sector data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is liquid liabilities to gdp in Azerbaijan?
Liquid liabilities to gdp in Azerbaijan was 28.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest liquid liabilities to gdp recorded in Azerbaijan?
The highest recorded value was 55.9% in 1994.
What is the lowest liquid liabilities to gdp recorded in Azerbaijan?
The lowest recorded value was 10.7% in 1998.
How does Azerbaijan rank for liquid liabilities to gdp?
Azerbaijan ranks 161st out of 186 countries with data for 2021.
Is liquid liabilities to gdp rising or falling in Azerbaijan?
Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
Where does this Azerbaijan data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Liquid liabilities to GDP in Azerbaijan. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/azerbaijan/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/azerbaijan/">Liquid liabilities to GDP in Azerbaijan</a> — Statizoid

About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,545 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.