Bank Of Baku

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

Up to AZN 1.4 bln. invested in Azerbaijan’s economy this year
# 11 March 2022 12:09 (UTC +04:00)

In January-February of 2022, AZN 1 339,7 mln invested in fixed capital, or 2.1% 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 11.2%, while the volume of the funds invested in the non-oil sector increased by 12.1%.

AZN 984,3 mln. of the used fund or 73.5% was spent for product production, AZN 240,6 mln (17.9%) to service fields, AZN 114,8 mln (8.6%) for the construction of residential houses.

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