Azerbaijan's public debt decreased during the first nine months of 2026, the Ministry of Finance said, APA-Economics reports.
As of October 1, the country's total public debt amounted to AZN 23 billion 896.3 million.
This is equivalent to 17.3% of the gross domestic product (GDP) projected for 2026.
Of the total public debt, AZN 7 billion 666.2 million, or 32.1%, accounted for external debt, while AZN 16 billion 230.1 million, or 67.9%, accounted for domestic debt.
According to the report, since the beginning of the year, external public debt has decreased by USD 304 million, while domestic public debt has declined by AZN 1 billion 574.4 million.
Thus, in manat terms, total public debt has decreased by approximately AZN 2 billion 91.2 million, or 8%, since the beginning of the year.
It should be noted that the public debt-to-GDP ratio stood at 20.1% at the end of 2025. During the reporting period, this indicator decreased by 2.8 percentage points.
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