BAKU - Azerbaijan’s net financial assets stood at 109.88 billion manats as of Oct. 1, 2026, reflecting the difference between state financial assets and financial liabilities.
The figure appears in the Chamber of Accounts’ assessment of the draft 2027 state budget, according to Vesti Baku.
Total financial assets were estimated at 133.78 billion manats, while liabilities totaled 23.9 billion manats.
Most Assets Held by the State Oil Fund
Assets held by the State Oil Fund of Azerbaijan accounted for 125.86 billion manats. The balance of the single treasury account stood at 7.89 billion manats, while 17.8 million manats represented current-year payments by state enterprises on obligations to the budget.
The Chamber of Accounts attributed the rise in net assets mainly to growth in the Oil Fund’s holdings. It cited higher gold prices at the end of 2025, rising oil prices since March 2026, gains in stock indexes and reduced budget transfers from the fund.
Net financial assets measure the government’s financial reserves after liabilities are deducted and serve as a key indicator of budget sustainability.