Azerbaijan vs Georgia

Azerbaijan vs Georgia: Government debt

Government debt in 2025: 20.1% of GDP in Azerbaijan and 34.3% of GDP in Georgia, by IMF estimates. In 2025 the value was higher in Georgia, by 14.1 percentage points, or 1.7 times that in Azerbaijan.

% of GDP · IMF

Azerbaijan vs Georgia: Government debtGovernment debt in 2025: 20.1% of GDP in Azerbaijan and 34.3% of GDP in Georgia, by IMF estimates. In 2025 the value was higher in Georgia, by 14.1 percentage points, or 1.7 times that in Azerbaijan.
AzerbaijanGeorgiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Georgia has been higher in every year both have figures for since 2000.
  • In 2025, Azerbaijan ranked 141 and Georgia ranked 119 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Azerbaijan at 16.7% of GDP and Georgia at 31.5% of GDP in 2031.

Every year

% of GDP · IMF

YearAzerbaijanGeorgia
202520.134.3
202421.635.5
202321.838.7
202217.339.2
202126.449.1
202021.359.6
201917.740.1
201818.738.2
201722.538.9
201620.639.5
20151836
20148.530.3
20136.228.9
20125.828.1
2011527.7
2010531.5
20094.733.7
20083.226.4
2007422.5
20065.328.3
20056.935.3
20049.744.3
200310.754.6
200211.950.3
20011353
200013.158.5
199925.4–
199814.3–
199711.4–
199616.7–
199519.2–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearAzerbaijanGeorgia
202616.533.1
202716.432.4
202816.532.2
202916.531.7
203016.631.5
203116.731.5

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Azerbaijan vs Georgia

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