North America holds 25.3% share in SOFAZ investment portfolio as of July 1

As of July 1, 2025, North American countries accounted for 25.3% of the investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ), Report informs, citing the fund.

This represents a decrease of 7.8 percentage points compared to July 1 of last year.

In contrast, the share of European countries in the portfolio increased by 0.7 percentage points to reach 31.4%.

The share of East Asian countries fell by 3.7 percentage points to 9.1%, while the share of African countries dropped by 0.1 percentage points to null. The share of Middle Eastern countries rose by 1.3 percentage points to 1.4%. The share of Latin American countries remained unchanged at 0.1%, and the share of Australia and New Zealand grew by 0.2 percentage points to 0.9%.

The share of international financial institutions in SOFAZ’s investments decreased from 7.6% to 3%.

As of the end of June, the total value of SOFAZ’s investment portfolio stood at $66.52 billion, marking an increase of $8.58 billion or 14.8% compared to the same period last year.