Bank Of Baku

Azerbaijan's domestic public debt increased last year

Azerbaijan
# 28 January 2025 14:29 (UTC +04:00)

As of January 1, 2025, Azerbaijan's domestic public debt increased by 17.6% to 18 billion 659.7 million manat, APA-Economics reports citing Azerbaijan's Ministry of Finance.

Note that as of January 1 of this year, the level of external public debt decreased by 20.1% compared to the previous year and amounted to 5 billion 160 million US dollars or 6.9 percent of GDP for 2024.

In total, Azerbaijan's public debt amounted to 27 billion 431.1 manat, which is 2.2% or 580.7 million manat more than the previous year.

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