Statistics Committee: Azerbaijan's strategic foreign exchange reserves exceed $88 bn, foreign debt drops by 8%

15:36 - 10.06.2026


June 10, Fineko/abc.az. The State Statistics Committee of Azerbaijan has published a report on the macroeconomic indicators of country's socio-economic development for Jan-May 2026.

ABC.AZ reports, referring to the SSC, that as of June 1, 2026, Azerbaijan's external public debt amounted to $4.642 bn (8% less versus Jan-May 2025).

Key economic indicators from the report:

Foreign exchange reserves: Country's strategic foreign exchange reserves increased by 15.2% year-on-year, reaching $88.439 bn.

GDP dynamics: In the first 5 months of the year, Azerbaijan produced GDP for 51.784 bn manats. In real terms, the economy grew by 0.2% compared to Jan-May 2025.

Sectoral analysis: Value added in the oil & gas sector decreased by 1% to 16.125 bn manats. At the same time, the non-oil/gas sector recorded a rise of 0.4%, where the figure reached 35.658 bn manats.