Bank Of Baku

Nearly AZN 1.4 bln. invested in Azerbaijan’s economy this year

Nearly AZN 1.4 bln. invested in Azerbaijan’s economy this year
# 10 March 2021 12:26 (UTC +04:00)

In January-February of 2021, AZN 1 338,4 mln invested in fixed capital, or 32% less in comparison to the related period of 2020, APA-Economics reports citing State Statistics Committee.

The volume of investments in oil and gas sector decreased by 13,5%, while the volume of the funds invested in the non-oil sector decreased by 49%. AZN 1 071,2 mln. of the used fund or 80%  was spent for product production, AZN 146,8 mln (11%) to service fields, AZN 120,4 mln (9%) for the construction of residential houses.

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