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Azerbaijan shares data on foreign direct investments

Finance Materials 17 March 2022 17:15 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, March 17. Total foreign direct investment in the Azerbaijani economy amounted to $4.8 billion in 2021, which is 6.7 percent more than in 2020, Trend reports with reference to the Central Bank of Azerbaijan (CBA).

According to the CBA, the UK ranked first among the largest investors in Azerbaijan in 2021. British investments in Azerbaijan amounted to $1.5 billion, which is 5.6 percent less than in 2020.

This is followed by Turkey - $700.1 million (an increase of 21.1 percent compared to 2020) and the US - $507.3 million (an increase of 6.8 percent compared to 2020).

Top 10 investor countries in 2021:

Country

Amount of investments ($ millions)

Annual dynamics

1

The UK

1,586

-5.6 percent

2

Turkey

700

21.1 percent

3

The US

507

6.8 percent

4

Malaysia

416

33.6 percent

5

Cyprus

317.6

39.6 percent

6

Japan

289.5

- 15.8 percent

7

Iran

268.59

23.9 percent

8

Norway

163

-16.5 percent

9

Georgia

82.4

2.8 times

10

The UAE

71

2.6 times

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