BAKU, Azerbaijan, July 24. As many as 31.4 percent of the State Oil Fund of Azerbaijan’s (SOFAZ) investment portfolio accounted for Europe as of July 1, 2025.
The data obtained by Trend from SOFAZ shows that this indicator grew by 0.7 percentage points compared to the same date last year (30.7 percent).
In addition, as of July 1 this year, 25.3 percent of the portfolio was invested in North America (down 7.8 percentage points year-on-year), 9.1 percent in Asia (up 3.7 percentage points), 1.4 percent in the Middle East, 0.9 percent in New Zealand and Australia (up 0.2 percentage points), and 0.1 percent in Latin America (unchanged).
Investments in Africa made up 0.02 percent of the portfolio, rising 0.1 percentage points from the same period of 2024.
Meanwhile, gold investments made up 28.8 percent of the portfolio - 14 percentage points higher than last year - while investments in international financial institutions accounted for 43 percent, showing a 4.6 percentage point decrease year-on-year.
