Investments in Azerbaijan's economy (January-March 2015)

According to the Azerbaijani State Statistics Committee, around 3.233 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-March 2015.

Around 1.535 billion manat was invested in Azerbaijani economy in March 2014 or by 17.9 percent more investments in fixed capital than in March 2014.

The main sources of investments in January-March 2015 are as follows:

• funds of enterprises and organizations - 2.293 billion manat (an increase of 31.8 percent compared to January-March 2014;
• budgetary funds - 651.7 million manat (a decrease of 43 percent);
• off-budgetary funds - 79.3 million manat (an increase of 2.4 times);
• bank loans - 82.9 million manat (a decrease of 41.7 percent);
• funds of population - 30.8 million manat (an increase of 6.4 times)

Apparently, the investments made in the country's economy in January-March 2015 increased due to an increase in investment activity of enterprises, organizations, off-budget funds and the population.

According to the State Statistics Committee's report, the private businesses and organizations invested 70 percent of total investments in the fixed capital, but the state businesses and organizations - 30 percent.

The investments in construction and installation work for the period amounted to 74.9 percent of the total investments. The growth of this index was 14.5 percent per annum.
The investments worth 2.279 billion manat were made in the construction of production facilities, while 953.4 million manat in the non-production facilities.

About 1.53 billion manat were directed at the development of the oil sector or by 11.7 percent more than in the same period of 2014.

The total investments in the Azerbaijani industrial sector amounted to 1.69 billion manat or by 16.6 percent more compared to January-March 2014.

The investments in extractive industry totaled 1.53 billion manat or by 20.8 percent more than in January-March 2014.

The investments in production, distribution and supply of electricity, gas and heat in January-March 2015 amounted to 23.9 million manat or 63.7 percent less than in the same period of 2014.

Around 54.7 percent of the total capital investments accounted for domestic investments.

Investment indices in January-March 2015:

(Source: State Statistics Committee and calculations by Trend")

The total amount of foreign investments in Azerbaijan's economy amounted to 1.464 billion manat in January-March 2015 or by 44.1 percent more compared to January-March 2014.

The growth of foreign investments in the country shows that Azerbaijan is a very reliable partner and a very attractive country for foreign investors. The economic reforms, economic liberalization, the credit rating of Azerbaijan increased by the world leading rating agencies, the policy of integration into the world economy contribute to the growth of foreign investments.

Around 84.5 percent (1.237 billion manat) of investments in Azerbaijan's economy made by foreign countries and international organisations fell to investors from the UK, U.S, Japan, Norway, Turkey and the Czech Republic in January-March 2015.

As previously, the UK continues to maintain a leading position in the list of foreign investors in Azerbaijan. Its share in the total foreign investment was 33.5 percent, while investments totalled 490.01 million manat.