According to the Azerbaijani State Statistics Committee, around 14.439 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-November 2015 or by 1.9 percent less than in the same period of 2014.
Around 1.352 billion manat was invested in Azerbaijani economy in November 2015 or by 8.3 percent less than investments in fixed capital in November 2014.
The main sources of investments in January-November 2015 are as follows:
- funds of enterprises and organizations - 9.738 billion manat (a 25 percent increase compared to January-November 2014;
- budgetary funds - 2.703 billion manat (a 53.5 percent decrease);
- off-budgetary funds - 253.3 million manat (a 18.3 percent decrease);
- bank loans - 1.095 billion manat (a 2.4 times increase);
- funds of population - 470 million manat (a 3.8 percent increase)
Apparently, the investments made in the country's economy in January-November 2015 decreased due to the country's poor investment activity. The country decreased the budgetary funds in the main construction by 53.5 percent.
The share of the budgetary funds in investing the economy is 18.7 percent. It ranks second after the funds of enterprises and organizations.
According to the State Statistics Committee's report, the private businesses and organizations invested 66 percent of total investments in the fixed capital, but the state businesses and organizations - 34 percent.
The investments in construction and installation work for the period amounted to 73.2 percent of the total investments.
The investments worth 8.84 billion manat were made in the construction of production facilities, while 4.69 billion manat in the non-production facilities.
Some 7.98 billion manat (55.3 percent) of the funds invested in the fixed capital were directed in the development of the non-oil sector. Some 6.45 billion manat (44.7 percent) were invested in the country's oil sector. This is by 19 percent more than in the same period of 2014.
The total investments in the Azerbaijani industrial sector amounted to 7.56 billion manat or by 14.9 percent more compared to January-November 2014.
The investments in extractive industry totaled 6.49 billion manat or by 19.4 percent more than in January-November 2014.
Some 52.4 percent of investments accounted for the industrial sector, 12.7 percent - construction, 13.9 percent - transport and warehousing, 2.3 percent - sports, entertainment and the arts.
The investments in production, distribution and supply of electricity, gas and heat amounted to 176.2 million manat in January-November, which is 43.9 percent less than in the same period of 2014.
The hospitality and catering (tourism) has become the most attractive investment sector of the economy of Azerbaijan. According to the Azerbaijani State Statistics Committee, the investments in this sector increased by 6.4 times in January-November 2015 from year to year, by showing the best dynamics among the sectors.
Some 461.3 million manat was nominally invested in the sector or 3.2 percent of all investments in Azerbaijan during the period.
Some 56.9 percent of the total investments accounted for the domestic investments.
Investment indices in January-November 2015:
(Source: State Statistics Committee and calculations by Trend")
|
Amount in mln manat |
Specific weight in percent |
|
|
Investments in total |
14438,8 |
100,0 |
|
Foreign investments |
6228,0 |
43,1 |
|
Domestic investments |
8210,8 |
56,9 |
The total amount of foreign investments in Azerbaijan's economy amounted to 6.228 billion manat in January-November 2015 or by 41.5 percent more compared to January-November 2014.
Around 88.7 percent (5.52 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, Russia, Malaysia, Turkey and Iran in January-November 2015.
Many foreign investments in fixed assets were made in July - 656.7 million manat, while few foreign investments - in February (387.7 million manat).
The largest share of foreign investments in general capital investments in fixed assets was recorded in January - 62 percent during eleven months of 2015 and the smallest index was recorded in April - 35.6 percent.