BAKU, Azerbaijan, October 22. The International Monetary Fund (IMF) has updated its forecasts for Azerbaijan’s government debt in the October edition of its Regional Economic Outlook for the Middle East and Central Asia, Trend reports.
According to the report, total government gross debt is projected to reach 22.4 percent of GDP in 2025, increasing to 23.5 percent in 2026 and 24.9 percent by 2030. These figures are slightly higher than the IMF’s May edition forecasts, which projected 21.0 percent in 2025, 22.2 percent in 2026, and 23.8 percent in 2030.
Historically, Azerbaijan’s government debt stood at 17.3 percent of GDP in 2022, rising to 21.8 percent in 2023, and slightly decreasing to 21.7 percent in 2024.
