Bank Of Baku

Azerbaijan is the second among CIS countries for fixed investment growth

Azerbaijan is the second among CIS countries for fixed investment growth
# 13 November 2008 10:00 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan is the second to Tajikistan among the CIS countries in terms of fixed investment growth rate during January-September, the CIS Statistical Committee said in a regular report.
For the fixed capital investment growth, Tajikistan (77.5%) is followed by Azerbaijan (38%) and Belarus (23.2%).
Kyrgyzstan rounds out the list.
Georgia and Turkmenistan are not included in the report.

Countries

Investment growth rate

Tajikistan

77,5%

Azerbaijan

38,0%

Belarus

23,2%

Uzbekistan

19,8%

Russia

13,1%

Armenia

12,1%

Moldova

9,0%

Ukraine

8,2%

Kazakhstan

8,2%

Kyrgyzstan

-2,2%

Average for the CIS area

13%

Azerbaijan ranks the second in the CIS Statistical Committee’s investment growth outlook for 2008:

 

Countries

Outlook
(2008)

Tajikistan

50%

Azerbaijan

30%

Belarus

23-25%

Uzbekistan

17-20%

Russia

17-19%

Armenia

15%

Ukraine

12%

Kazkahstan

12%

Moldova

12%

Kyrgyzstan

2-5%

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