Baku, Azerbaijan, Jan.19
By Maksim Tsurkov - Trend:
The total volume of foreign investments made in the Azerbaijani economy amounted to 4.88 billion AZN in 2014, which is 17.11 percent more than in 2013, according to the report of the Azerbaijani State Statistics Committee as of 12 months.
The official exchange rate is 0.7844 AZN/USD Dec. 19.
Some 91.9 percent (over 4.484 billion AZN) of investments made in fixed capital by the foreign countries and international organizations in 2014 accounted for investors from Great Britain, Norway, Turkey, US, France, Iran, Russia and Japan, the report said.
The UK continues to maintain its leading position. Its share in the total foreign investment in Azerbaijan amounted to 32.4 percent, and the amount of the investments - 1.583 billion AZN.
During this period, Norway's investments in Azerbaijan's economy amounted to 902.09 million AZN (with a specific weight of 18.5 percent), Turkey's investments - 418.88 million AZN (8.6 percent), US investments - 380.79 million AZN (7.8 percent), France's investments - 329.77 million AZN (6.7 percent), Russia's investments - 296.12 million AZN (6.1 percent), Iran's investments - 296.12 million AZN (6.1 percent), Japan's investments - 277.63 million AZN (5.7 percent).
The World Ban allocated the largest volume of investment from international financial institutions at 121.16 million AZN with specific weight of 2.5 percent.
The Asian Development Bank (ADB) allocated 88.19 million AZN (1.8 percent), and EBRD - 8.87 million AZN (0.2 percent) to implement the projects in Azerbaijan during 2014.
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