In January to November 2005 a total of 23583.3bn manats has been invested in the Azerbaijani economy ($4972,757m on average exchange rate of 4742.5 AzM/USD in this period), which is 11.9% up as compared to the amount of investments put in 2004.
In 2004 actual investments comprised 24196.6bn manats ($4924,413m manats) with growth pace of 36.1%.
Forecast investments for 2005 comprise 27389bn manats ($5827.4m), while actual investments in the Azerbaijani economy made up 86.1% of the forecast.
In January to November 7482.1bn manats ($1577.675m) has been invested at the expense of internal sources, which comprises 90,377% of the 2005 exact forecast of 8278.8bn manats ($1761.4m).
The foreign investments comprised 16101.2bn manats ($3395.087m), which makes up 84,254% of exact forecast of 19110.2bn manats ($4066m).
Indices of investment processes in January to November 2005
Amount, in bn AZM |
Special weight, in % | |
Investments in total |
23583,3 |
|
Foreign investments |
16101,2 |
68,27 |
Internal investments |
7482,1 |
31,73 |
Source: State Statistics Committee and calculations by Trend
Major investing sources in January to November were enterprises (20498.9bn manats with a rise of 11.4%), bank credits (950.3bn manats with a rise of 7.4% times), community funds (875.4bn manats with a rise of 19.7%), budget funds (794.1bn manats with a rise of 61.9%).