Fitch: Azerbaijan's int'l reserves to exceed $13B by year-end

Azerbaijan's international reserves, including gold, will reach $13.1 billion by the end of 2025, Report informs referring to Fitch Ratings.

In 2024, the country's reserves, including gold, amounted to $12.7 billion. According to Fitch forecasts, this figure will grow to $13.3 billion in 2026.

The foreign exchange reserves of the Central Bank of Azerbaijan as of June 1, 2025, are estimated at $11.094 billion.

Azerbaijan's strategic foreign exchange reserves increased by $2.5 billion in the first quarter of this year, reaching $73.5 billion.

According to the agency's estimates, strategic foreign exchange reserves will amount to $74 billion by the end of 2025, which is equivalent to 98.4% of GDP.