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Azerbaijan invests $482M in Georgia last year


Azerbaijan invested $482.1 million in Georgia in 2017, down 13.6% from previous year.  

 

According to National Statistics Office of Georgia, despite the decline, Azerbaijan was number one investor of Georgia.

 

Azerbaijan’s investments made up 25.9% of total investments in Georgia.

 

Total direct investments made in Georgia’s economy in 2017 amounted to $1,861,900,000, up 16.2% from previous year.

 

Azerbaijan is followed by Turkey ($279 milion), Great Britain ($250.4 million), the Netherlands ($224.3 million) and Czech Republic ($133.8 million).

 

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