Azerbaijan public debt stands at 17.3% of projected GDP

Government debt totalled AZN 23.896 billion on 1 October, with domestic liabilities accounting for roughly two-thirds.

Zeyni JafarovOctober 29, 202686 views1 min read

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Azerbaijan’s government debt stood at AZN 23.8963 billion on 1 October 2026, equivalent to 17.3% of projected annual GDP. Trend reported the Finance Ministry figures on 28 October.

Domestic debt was AZN 16.2301 billion. External debt totalled AZN 7.6662 billion, or $4.5095 billion, down $304 million since January. Domestic liabilities declined AZN 1.5744 billion over the same period.

Strategic foreign-exchange reserves were reported at $89.4 billion, around 19.8 times external government debt. That comparison does not cover all public liabilities. The debt-to-GDP ratio uses the full-year economic forecast rather than an already completed annual GDP figure.

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Government debt totalled AZN 23.896 billion on 1 October, with domestic liabilities accounting for roughly two thirds.

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Zeyni Jafarov. “Azerbaijan public debt stands at 17.3% of projected GDP”. FinFly.news, October 29, 2026. URL: https://finfly.news/en/economy/azerbaijan-public-debt-october-2026-en

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Azerbaijan public debt stands at 17.3% of projected GDP

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