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Azerbaijan unveils its foreign direct investment volume in global economies

Economy Materials 11 December 2024 11:08 (UTC +04:00)
Azerbaijan unveils its foreign direct investment volume in global economies
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 11. Azerbaijan’s foreign direct investment (FDI) in other countries totaled approximately $1.4 billion from January through September 2024, Director of the Statistics Department of the Central Bank of Azerbaijan (CBA) Samir Nasirov said in a media briefing, Trend reports.

"The top five countries receiving FDI from Azerbaijan include the UAE with $431 million, Türkiye with $175 million, Georgia with $96 million, the UK with $87 million, and Uzbekistan with $79 million," he said.

To note, in 2023, the volume of FDIs from Azerbaijan to other countries reached $3.1 billion, whereas FDI in Azerbaijan's economy totaled $6.65 billion, indicating a growth rate of 6.1 percent.

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