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More than AZN 7 bln. invested in Azerbaijan’s economy this year

More than AZN 7 bln. invested in Azerbaijan’s economy this year

11 August 2021 12:39 (UTC +04:00)

In January-July of 2021, AZN 7,059 bln invested in fixed capital, or 12.1% less in comparison to the related period of 2020, APA-Economics reports citing State Statistics Committee.

The volume of investments in the oil and gas sector decreased by 10.4%, while the volume of the funds invested in the non-oil sector decreased by 13.4%.

AZN 4,883 bln. of the used fund or 69.2% was spent for product production, AZN 1,639 bln (23.2%) to service fields, AZN 537.3 mln (7.6%) for the construction of residential houses.

Mirsaid İbrahimzade

Azerbaijan’s economy Investment

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