BAKU, Azerbaijan, April 29. The currency composition of Azerbaijan's external public debt as of April 1, 2025, has been disclosed.
Data obtained by Trend from the country's Ministry of Finance indicates that during the reporting period, the currency composition of the external public debt was as follows: US dollar – 85.6 percent, euro – six percent, SDRs (Special Drawing Rights of the International Monetary Fund) – 3.5 percent, Japanese yen – 3.3 percent, and other currencies – 1.6 percent.
External public debt service cost
As of April 1, 2025, the state budget's debt service expenses included $138.7 million in principal debt payments and $82.6 million in interest payments on foreign debt.
External public debt to strategic currency reserves ratio
As of April 1, 2025, the country's strategic currency reserves (the State Oil Fund of Azerbaijan and the Central Bank of Azerbaijan) amounted to $73.8 billion, which exceeds the external public debt by approximately 14.6 times.
