Minister of Finance of the Republic of Azerbaijan Samir Sharifov made a business visit to the Islamic Republic of Pakistan, the United Arab Emirates (UAE) and India on February 19-21***As of January 1st, 2018, the external public debt of the Republic of Azerbaijan constituted 9,398.3 million US dollars (equivalent 15,978.1 million manat). The Debt to the Gross Domestic Product ratio stands at 22.8 percent (based on 2017 GDP of AZN 70,135.1 mln)******

Information on external public debt as of July 1st, 2017

Information on external public debt as of July 1st, 2017

24.08.2017

As of July 1st, 2017, the external public debt of the Republic of Azerbaijan constituted 7,172.6 million US dollars (equivalent 12,208.5 million manat). The Debt to the Gross Domestic Product (GDP) ratio stands at 18.9 percent. The external public debt consists of direct obligations of the state as well as contingent liabilities emanating from sovereign guarantees.

The external public debt comprises predominantly infrastructure projects and programme loans of the international financial institutions as well as government bonds.