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Foreign investments in Azerbaijan’s fixed capital increase

Business Materials 20 May 2016 11:05

Baku, Azerbaijan, May 20

By Anvar Mammadov - Trend:

The total volume of foreign investments made in Azerbaijan's fixed capital in January-April 2016 increased by 41.95 percent as compared to the same period in 2015 and stood at 2.91 billion manats, said a report issued by the country's State Statistical Committee.

Official exchange rate on May 20 is 1.4987 AZN/USD.

During the reporting period, 86.1 percent (2.51 billion manats) of the investments made by foreign countries and international organizations in Azerbaijan's economy accounted for the investors from the UK, Turkey, Malaysia, Switzerland, Russia, Iran and the US.

The largest volume of foreign investments in Azerbaijan's fixed capital was made in April 2016 (935.1 million manats), while the smallest volume of investments was made in February (611.7 million manats).

The largest share of foreign investments in the total volume of investments made in Azerbaijan's fixed capital in January-April 2016 was recorded in January (71.5 percent), while the smallest share was recorded in February (64.1 percent).

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