Bank Of Baku

More than AZN 658 mln. invested in Azerbaijan’s economy in January

More than AZN 658 mln. invested in Azerbaijan’s economy in January
# 10 February 2022 12:36 (UTC +04:00)

In January of 2022, AZN 658,1 mln invested in fixed capital, or 11.1% less in comparison to the related period of 2021, APA-Economics reports citing State Statistics Committee.

The volume of investments in the oil and gas sector decreased by 9.8%, while the volume of the funds invested in the non-oil sector decreased by 12.7%.

AZN 474,9 mln. of the used fund or 72.2% was spent for product production, AZN 125 mln (19%) to service fields, AZN 58,2 mln (8.8%) for the construction of residential houses.

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