Azerbaijan's foreign exchange reserves exceed external public debt by nearly 15.5-fold

12:31 - 1.08.2025


August 1, Fineko/abc.az. As of July 1, 2025, country's foreign exchange reserves (the State Oil Fund of Azerbaijan and the Central Bank of Azerbaijan) in the amount of $77.7 bn are almost 15.5-fold higher than the external public debt.

ABC.AZ informs with reference to the Ministry of Finance that 49.9% of the external government debt must be returned to creditors within 5 years, 44.1% within 5-10 years and 6% within 10 years.

The average maturity of foreign government debt under existing loan agreements and repayment schedules for eurobonds is 5.4%.

The currency composition of the external government debt as of July 1, 2025 was as follows: the US dollar - 85.1%, the euro – 6.5%, the SDR (special drawing rights of the International Monetary Fund) – 3.4%, the Japanese yen – 3.3%, other currencies – 1.7%.

Payments of the principal debt in the amount of $293.3 million were made from the State Budget for external debts, and interest-bearing debt in the amount of $117.8 million.