BAKU, Azerbaijan, March 17. Azerbaijan invested $825.7 million in the economy of a number of foreign countries at the end of 2021, which is 33.6 percent less than in 2020, Trend reports with reference to the Central Bank of Azerbaijan Republic (CBAR).
According to the CBAR, Azerbaijani investments in Turkey during this period amounted to $280.5 million, which is 16 percent less than in 2020.
Further in terms of the volume, the UK follows with $122.3 million (an increase of 173.9 percent compared to 2020) and the US - $65.967 million (a decrease of 61.4 percent compared to 2020).
Top 10 countries by the largest volume of Azerbaijani investments in 2021:
|
№ |
Country |
Volume of investments, million USD |
Annual dynamics |
|
1 |
Turkey |
280,542 |
-16% |
|
2 |
The UK |
122,306 |
173,9% |
|
3 |
The USA |
65,967 |
-61,4% |
|
4 |
Georgia |
64,111 |
64,35% |
|
5 |
Malta |
48,503 |
-42,12% |
|
6 |
Switzerland |
29,035 |
-16,59% |
|
7 |
Montenegro |
20,644 |
-79,64% |
|
8 |
Russia |
19,725 |
-97,9% |
|
9 |
Ukraine |
17,759 |
107,2% |
|
10 |
Germany |
17,209 |
544,5% |