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WB renews forecast on foreign direct investment inflows in Azerbaijan

Finance Materials 5 October 2022 15:39 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 5. Net flows of foreign direct investment (FDI) in Azerbaijan are expected to decrease by 1.6 percent relative to the GDP, Trend reports via World Bank's report.

The World Bank (WB) forecasts net flows of FDI in Azerbaijan to decrease by 1.1 percent relative to the GDP in 2023-2024, which is 0.1 percent less than the previous forecast made in April.

FDI in Azerbaijan increased by 22.2 percent from January through June 2022, compared to the same period last year - from $2.635 billion to $3.22 billion.

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