Azerbaijan vs Iran

Azerbaijan vs Iran: Government debt

Government debt: 20.1% of GDP in Azerbaijan in 2025 and 31.2% of GDP in Iran in 2024, by IMF estimates. In 2024 the value was higher in Iran, by 9.6 percentage points, or 1.44 times that in Azerbaijan.

% of GDP · IMF

Azerbaijan vs Iran: Government debtGovernment debt: 20.1% of GDP in Azerbaijan in 2025 and 31.2% of GDP in Iran in 2024, by IMF estimates. In 2024 the value was higher in Iran, by 9.6 percentage points, or 1.44 times that in Azerbaijan.
AzerbaijanIranIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Iran has been higher since 2000, when it overtook Azerbaijan.
  • The IMF projection (World Economic Outlook, October 2026) puts Azerbaijan at 16.7% of GDP and Iran at 43.4% of GDP in 2031.

Every year

% of GDP · IMF

YearAzerbaijanIran
202520.135.6
202421.631.2
202321.829.6
202217.334.5
202126.439.9
202021.347.1
201917.744.6
201818.741.6
201722.543.2
201620.646
20151832.1
20148.510.9
20136.210.2
20125.811.8
2011510.6
2010512.8
20094.711.5
20083.210.6
2007413.5
20065.315.2
20056.918.3
20049.721.1
200310.722
200211.923.4
20011321
200013.118.2
199925.422.2
199814.329.6
199711.430.9
199616.729.3
199519.2–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearAzerbaijanIran
202616.539.1
202716.440.2
202816.540.8
202916.541.7
203016.642.7
203116.743.4

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 Iran

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