Azerbaijan's Finance Ministry expects public debt to grow 6% to $16.2 bln in 2026

BAKU. Aug 18 (Interfax) - Azerbaijan's public debt is projected to rise 6.2% year-on-year to 27.604 billion manat at the end of 2026 ($16.23 billion at the current exchange rate) from 25.99 billion manat at the end of 2025, the country's Finance Ministry said.

The Finance Ministry said that external public debt should total $4.833 billion (more than 8.2 billion manat) and domestic debt should total 19.4 billion manat at the end of 2026.

As reported, Azerbaijan's public debt decreased 8.3% to 23.83 billion manat in H1 2026.

The official exchange rate as on August 18, 2026, is 1.7 manat/$1.