According to the updated forecasts of WB, Azerbaijan’s foreign debt to constitute 30.2% of GDP till the end of the year.
According to the Azerbaijani government, by early this year the country’s foreign debt constituted 19.8% of GDP. Last year this index was slightly over 8%.
According to the WB’s analysts, the country’s debts will keep on growing in mid-term.
In 2017 Azerbaijan’s debt to make 35.6% of GDP and by 2018 – 54.7% of GDP.