Foreign investments in Azerbaijan’s fixed capital increase

Business Materials 20 December 2015 11:48 (UTC +04:00)

Baku, Azerbaijan, Dec.20
By Azad Hasanli - Trend:

The total volume of foreign investments made in Azerbaijan's fixed capital stood at 6.228 billion manats in Jan.-Nov. 2015, or 41.5 percent more than in the same period of 2014, said the country's State Statistical Committee.

The official exchange rate on Dec.19 was 1.0499 AZN/USD.

This is while 88.7 percent (5.524 billion manats) of investments made in Azerbaijan's economy by other countries and international organizations accounted for the investors from the UK, Turkey, Norway, Russia, Iran, the US, Malaysia and Japan.

The largest volume of foreign investments in Azerbaijan's fixed capital was made in July (656.7 million manats), while the smallest volume was made in February (387.7 million manats).

The largest share of foreign investments in the total volume of investments made in Azerbaijan's fixed capital in the first 11 months of 2015 was recorded in January (62 percent), while the lowest figure was observed in April (35.6 percent).