Azerbaijan’s Strategic Currency Reserves Surpass Foreign Debt by Nearly 15 Times


Baku: Azerbaijan’s strategic currency reserves, which include the State Oil Fund of Azerbaijan and the Central Bank of Azerbaijan, reached $73.8 billion as of April 1, 2025. This figure exceeds the country’s foreign debt by approximately 14.6 times, as reported by APA-Economics, citing the Ministry of Finance of the Republic of Azerbaijan.



According to Azeri-Press News Agency, this marks a significant increase compared to previous years. In 2023, the reserves surpassed the foreign debt by 10.5 times, and in 2024, this ratio increased to 13.9 times.



As of April 1, 2025, Azerbaijan’s foreign debt totals $5.067 billion, which is equivalent to 6.6 percent of the projected GDP for the year. There has been a reduction in foreign debt by $62.7 million since January 1, 2025.