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Azerbaijan reveals foreign direct investment in Azerbaijan following results of 1Q2022

Finance Materials 15 April 2022 20:51 (UTC +04:00)
Azerbaijan reveals foreign direct investment in Azerbaijan following results of 1Q2022
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 15. Foreign direct investment in Azerbaijan amounted to 764 million manat ($449.6 million) following the results of the first quarter of 2022, down by 32.6 percent compared to the same period in 2021, Trend reports citing the State Statistical Committee of Azerbaijan.

According to the agency, foreign direct investment in Azerbaijan worth $747.5 million (97.8 percent) accounts for the UK, USA, Japan, Switzerland, Turkey, Norway, Malaysia, India, Russia and Iran.

Month

FDI

Total specific gravity, in percent

January

296.1 million manat ($174.26 million)

38.76

February

264.1 million manat ($155.4 million)

34.57

March

203.8 million manat ($119.9 million)

26.68

Total

764 million manat ($449.6 million)

100

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