Azerbaijan’s External Public Debt Structure Revealed

Baku:As of October 1, 2026, Azerbaijan's external public debt totaled $4 billion 509.5 million, as reported by APA-Economics, citing the Ministry of Finance.

According to Azeri-Press news agency, loans accounted for $3 billion 122.2 million, or 69.2% of the total external public debt, while Eurobonds comprised $1 billion 387.3 million, or 30.8%. Of this debt, 51.2% consisted of fixed-interest-rate obligations, with the remaining 48.8% tied to floating-interest-rate obligations.

In terms of currency distribution, the US dollar predominated at 86.3%. The euro made up 5.8%, the Japanese yen 3.2%, the International Monetary Fund's Special Drawing Rights (SDRs) 2.9%, and other currencies 1.7%.

Regarding debt maturity, $3 billion 52.7 million, equivalent to 67.7% of the external public debt, is expected to be repaid within five years. Another $1 billion 210.6 million, or 26.8%, is due in the next five to ten years, and $246.2 million, or 5.5%, is slated for repayment in more than ten years.

Since the start of 2026, Azerbaijan's external public debt has decreased by $304 million, representing a 6.3% reduction. The ratio of external public debt to GDP was recorded at 5.6%.