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Volume of Azerbaijan’s foreign direct investments announced

Business Materials 18 December 2017 15:29 (UTC +04:00)

Baku, Azerbaijan, Dec. 18

By Anvar Mammadov – Trend:

Azerbaijan’s net financial assets amounted to $4.46 billion in January-September 2017, as compared to $4.57 billion (a 2.4-percent decrease) in the same period of 2016, according to the balance of payments, posted on the website of the country’s Central Bank (CBA) Dec. 18.


In January-September 2017, net financial assets were formed through direct investments made by Azerbaijan abroad ($1.61 billion), portfolio investments (- $4.7 million), derivative financial instruments (- $3.3 million) and other capital investments ($2.85 billion).

Thus, $1.16 billion of direct investments was made by Azerbaijan in the oil and gas sector, while $451.8 million accounted for other spheres.

Other investments include trade loans and advances ($1.55 billion), loans ($15.7 million), deposits and cash ($1.28 billion).

Net financial liabilities of Azerbaijan totaled $4.73 billion during the period. Meanwhile, around $2.4 billion accounted for direct investments attracted into the country’s economy, $2.76 billion accounted for portfolio investments and $427.8 million accounted for other investments.

Thus, 70 percent ($1.68 billion) of direct investments was made in Azerbaijan’s oil and gas sector, while the remaining $712.6 million was made in other spheres.

Other investments include trade loans and advances ($366 million), loans ($351.7 billion) and deposits and cash (- $1.15 billion).

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