As of April 1, 2025, Azerbaijan’s strategic currency reserves (State Oil Fund of Azerbaijan and Central Bank of Azerbaijan) amount to $73.8 billion, exceeding the country's foreign debt by approximately 14.6 times, APA-Economics reports, citing the Ministry of Finance of the Republic of Azerbaijan.
For comparison, in 2023, the reserves exceeded foreign debt by 10.5 times, and in 2024 by 13.9 times.
As of April 1, 2025, the foreign debt stands at $5.067 billion, equivalent to 6.6 percent of the projected GDP for 2025. Compared to January 1, 2025, the foreign debt has decreased by $62.7 million.
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