BAKU, Azerbaijan, April 3. Iran’s external debt by the end of the 11th month of the current Iranian year (February 18, 2025) had decreased by 8.2 percent compared to the same period of the previous year (February 19, 2024).
Data obtained by Trend from the Central Bank of Iran indicates that the country’s external debt stood at $4.58 billion by February 2025, down from $4.99 billion at the end of the same month in 2024.
The data further reveals that $2.78 billion of Iran’s external debt is short-term, while over $1.8 billion are long-term debts.
In euro terms, Iran's external debt amounted to 4.37 billion euros, with 2.66 billion euros being short-term and around 1.72 billion euros in long-term debt.
Iran prefers not to take out external loans for the development of its economy. The country is interested in developing large projects at the expense of investors.
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