Investments in Azerbaijan's economy (January-October 2014)

According to the Azerbaijani State Statistics Committee, around 13.219 billion AZN was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-October 2014, which is by 0.6 percent more than in the same period of last year. It indicates sustainable investment activity in the country.

In particular, around 1.351 billion AZN were invested in the Azerbaijani economy in October 2014, which is by 12.6 percent more than investments in fixed assets in October 2013. Until 2015, we will observe a steady increase in investment in capital construction because of the growth of building, rehabilitation and reconstruction work in preparation for the first European Olympic Games-2015 in Azerbaijan.

The main sources of investments in January-October 2014 are as follows:

  • funds of enterprises and organizations - 7.015 billion AZN (an increase of 32.4 percent compared to January-October 2013;
  • budgetary funds - 4.962 billion AZN (a decrease of 20.6 percent);
  • off-budgetary funds - 289.4 million AZN (a decrease of 33.4 percent);
  • bank loans - 449.3 million AZN (a decrease of 31.4 percent);
  • funds of population - 437.2 million AZN (an increase of 17.1 percent)

Apparently, the investments made in the country's economy in January-October 2014 increased due to an increase in investment activity of enterprises, organizations and the population.

The investments in construction work increased by 10.8 percent. Investments worth 8.857 billion AZN were made in construction of production facilities and 4.361 billion AZN - in non-production facilities.

During the reporting period, the state-owned enterprises and organizations, as well as private companies made equal shares of investments in fixed capital.

About 62.8 percent of funds invested in fixed capital or 8.304 billion AZN, were directed at the development of the non-oil sector. Investments in the oil sector comprised 4.914 billion AZN (37.2 percent). Investments in non-oil sector decreased by 9.6 percent, while they increased by 24.4 percent in the oil sector.

The total investments in Azerbaijan's industry totaled 5.932 billion AZN with an increase of 1.4 percent. About 293.3 million AZN were invested in the processing industry (a decrease of 66.2 percent). During the reporting period, the investments in the extractive sector hit 4.894 billion AZN, which is 28.2 percent more than investments in January-October 2013. Totally, 44.9 percent of investments fell to the industrial sector.

Around 70 percent of the total capital investments accounted for domestic investments. This is a positive index, primarily, because it shows the growing financial potential of the country.

Most of domestic investments (68.5 percent) fell to the state-owned enterprises and organizations.

Investment indices in January-October 2014:

(Source: State Statistics Committee and calculations by Trend")

Amount in bln AZN

Specific weight in percent

Investments in total



Foreign investments



Domestic investments



The total amount of foreign investments in Azerbaijan's economy amounted to 3.972 billion AZN in January-October 2014 or by 17.6 percent more compared to the same period of 2013.

The growth of foreign investments in the country shows that Azerbaijan is a very reliable partner and a very attractive country for foreign investors. The economic reforms, economic liberalization, increasing the credit rating of Azerbaijan by the world leading rating agencies, the policy of integration into the world economy contribute to the growth of foreign investments.

Around 79.6 percent (3.163 billion AZN) of investments in Azerbaijan's economy made by foreign countries and international organisations fell to investors from the UK, U.S, Japan, Norway, Turkey and the Czech Republic in January- October 2014.

As previously, the UK continues to maintain a leading position in the list of foreign investors in Azerbaijan. Its share in the total foreign investment was 32.3 percent, while investments totalled 1.284 billion AZN.


January-October 2014, thousand AZN

Specific weight, %

Total international investments




Great Britain
























Czech Republic


















The biggest amount of investments among the international financial institutions was allocated by WB to the amount of 111.5 million AZN with a special weight of 2.8 percent. WB projects cover different spheres of the country's economic life.

International financial organizations

January-October 2014, thousand AZN

Specific weight, %

World Bank



Asian Development Bank






Trade ministry discloses volume of cereals imported by Austria from Turkey
Trade ministry discloses volume of cereals imported by Austria from Turkey
Turkey boosts export of cars to Kazakhstan
Turkey boosts export of cars to Kazakhstan
Turkey publishes data on 4M2021 steel exports
Turkey publishes data on 4M2021 steel exports
Loading Bars
Several digitalization projects implemented in Kazakh oil & gas sector
Kazakhstan's president decides to provide humanitarian aid to Kyrgyzstan
Real estate purchases soar in Kazakhstan
Saudi Arabia eyes importing finished meat products from Uzbekistan
Azerbaijan's non-oil exports show positive trend despite impact of COVID-19 - minister
Kazakh Kazgeology eyes working on promising areas of natural resources
Main part of Iran's trade carried out by sea - analyst
Israel and Korea to sign free trade agreement next week
EU continues to support Georgia SMEs
Azerbaijan launches system for predicting impact of tax benefits on state revenues
Azerbaijan's AzFina, CBA developing bill on regulation of payment systems
Georgia's minister claims inflation in country to decrease in coming months
Kazakhstan reports increase in oil, natural gas prices
Azerbaijan may change procedure for navigation on inland waters for fishing vessels
Azerbaijan shares data on number of vaccinated citizens for May 6
Construction of Ahmadbayli-Fuzuli-Shusha highway in Azerbaijan continues (VIDEO)
Azerbaijan confirms 844 more COVID-19 cases, 2,057 recoveries
Uzbek-Korean JV to buy power cables via tender
Kazakh-Georgian Economic Union to focus on int'l trade and dev't of transport services - Honorary Consul
First section of Georgian Rikoti Highway to open soon
Kazakh IT company involved in creation of "smart" settlements in Azerbaijan
Japanese TEPSCO to join creating green energy zone in Azerbaijan's liberated territories
Azerbaijan's Mine Action Agency eyes to purchase new mine clearance equipment
Georgia to host annual meeting of ADB board of governors
Uzbek-Korean JV opens tender for construction of security facility for gas treatment
Turkmen Ministry of Construction extends tender for design of buildings
Spain tourist arrivals slump 76% in March, recovery still far off
Azerbaijan's construction sector output to grow till 2026 - expert
Trade ministry discloses volume of cereals imported by Austria from Turkey
Share of mining sector in Baku's industrial production disclosed
Amazing opportunities created for athletes in Baku’s National Gymnastics Arena - Ukrainian Gymnastics Federation
Turkmengas opens tender for purchase of chemicals
Kazakhstan's National Bank unveils preliminary balance of payments data
Statistics on trade turnover between Spain, Turkmenistan revealed
Uzbekistan receives permission to export pomegranates to China
Moderna raises 2021 sales forecast for COVID-19 vaccine to $19.2 billion
Not calling released soldiers as "POWs" by OSCE Minsk Group - outrageous - Armenian media
Tesla developing platform to allow car owners in China data access
Bahar Azadi gold coin price rebounds in Iran
Over 10 mln COVID-19 vaccine doses administered in Saudi Arabia
Russia reports over 7,600 COVID-19 cases in the past day
Revanchist statements in Armenia mustn't be taken seriously - Azerbaijani Security Council
Precious metal prices in Azerbaijan fluctuate
No reason to worry about fulfillment of trilateral statement - Azerbaijan's Security Council
Nominations for gas flows at TAP’s interconnections
Azerbaijan to build road to legendary "Isa Spring" in Shusha city
EU countries agree to open up to Israeli tourists
Turkmenistan names data on deposits in credit institutions
Iran unveils volume of transit through Gilan Province
Largest share of Uzbek textile production falls on Fergana region
Turkey boosts export of cars to Kazakhstan
Turkey publishes data on 4M2021 steel exports
Iran's Amir-Kabir Petrochemical Company beats sets new production record
Turkey's 4M2021 exports of locally-made furniture up in value
Turkey reveals 4M2021 data on export of grains, legumes to Azerbaijan
Exports through Iran's Astara border checkpoint increase
Uzbekistan to launch several TPPs in 2021
Uzbek agency reveals data on most profitable companies
ADB approves loan for construction of Georgia’s Olympic swimming pool
Georgia in talks with Johnson & Johnson and Novavax to receive vaccines
Georgian ISET-PI shares pricing on residential real estate in Tbilisi
Georgian Pension Agency shares data on pension fund's assets
Uzbekistan reveals number of vaccinated people
Kazakh uranium extracting company opens tender to buy spares
Kazakhstan decreases trade with Canada amid COVID-19
China increases import of Turkish-made cars
Turkey reveals 1Q2021 data on cargo movement via local ports from Belgium
Kaspersky Lab shares data on Azerbaijani users facing cyber attacks in 2020
Several facilities in education sector put into operation in Iran
Gold production at Iran's Zarshouran mine increases
Azerbaijan to completely clear "Victory Road" to Shusha city of mines soon
Azerbaijan shares details on mine clearance in liberated territories
South Korea to contribute to developing Azerbaijan's innovation ecosystem
Iran reveals COVID-19 data for May 6
Turkey sees increase in 4M2021 cement exports
Iran releases data of exports from Arvand Free Trade Zone
Azerbaijan shows footage from Garapirimli village of Aghdam district (PHOTO/VIDEO)
Azerbaijan announces commissioning date for 'Victory Road' to liberated Shusha (PHOTO/VIDEO)
1Q2021 value of Turkish export of cars to Iran rises
Azerbaijan to continue importing COVID-19 vaccines - Health Ministry
Situation in Karabakh significantly normalized - Russian FM
People aged 30-59 suffer most from COVID-19 in Azerbaijan
Azerbaijan Health Ministry talks strengthening quarantine on holidays
Number of empty beds in Azerbaijani hospitals growing - Health Ministry
Kazakhstan boosts exports to US amid COVID-19
Azerbaijan notes positive trend in data on people recovering from COVID-19
COVID-19 vaccines used in Azerbaijan are safe, effective - Ministry of Health
Azerbaijan to start new stage of vaccination against COVID-19 - Deputy Minister
Saudi Arabia real estate market showing signs of COVID-19 recovery
Azerbaijani citizens of over 18 can start getting vaccine against COVID-19 from May 10
Wix acquires Israeli online gift card co
Iran discloses details of exports from free trade, special economic zones
EU willing to discuss COVID-19 vaccine patent waiver - EU's von der Leyen
Several more strains of coronavirus detected in Iran
Turkey's 4M2021 export of grains, legumes to Germany grows in value
Head of OSCE Center in Turkmenistan completes diplomatic mission
Georgia receives second batch of AstraZeneca COVID-19 vaccine
Kazakhstan to launch oil accounting system
"Heroic Effort": US Defense Secretary On Covid Assistance To India
India’s Reliance gets US$ 13mn immunoglobin contract
All news