Investments in Azerbaijan's economy (January-April 2015)

According to the Azerbaijani State Statistics Committee, around 4.869 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-April 2015 or by 3.5 percent more than in the same period of 2014.

Around 1.636 billion manat was invested in Azerbaijani economy in April 2015 or by 8.9 percent more investments in fixed capital than in April 2014.

The main sources of investments in January-April 2015 are as follows:

• funds of enterprises and organizations - 3.381 billion manat (an increase of 34.6 percent compared to January-April 2014;
• budgetary funds - 997.1 million manat (a decrease of 44.5 percent);
• off-budgetary funds - 96.1 million manat (an increase of 28.3 times);
• bank loans - 213.6 million manat (an increase of 6 percent);
• funds of population - 30.1 million manat (an increase of 21.4 percent)

Apparently, the investments made in the country's economy in January-April 2015 increased due to an increase in investment activity of all sources except for the budget funds.

According to the State Statistics Committee's report, the private businesses and organizations invested 68.8 percent of total investments in the fixed capital, but the state businesses and organizations - 31.2 percent.

The investments in construction and installation work for the period amounted to 77.5 percent of the total investments. The growth of this index was 9.9 percent per annum.

The investments worth 3.334 billion manat were made in the construction of production facilities, while 1.535 billion manat in the non-production facilities.

Some 56.53 percent (2.77 billion manat) of the funds invested in the fixed capital were directed to the development of the non-oil sector. Some 2.1 billion manat (43.47 percent) were invested in the oil sector of the country. The investments in non-oil sector increased by 0.4 percent, while by 12.3 percent in the oil sector during the year.

About 1.53 billion manat were directed at the development of the oil sector or by 11.7 percent more than in the same period of 2014.

The total investments in the Azerbaijani industrial sector amounted to 2.47 billion manat or by 16 percent more compared to January-April 2014.

The investments in extractive industry totaled 2.12 billion manat or by 18.7 percent more than in January-April 2014.

The investments in production, distribution and supply of electricity, gas and heat in January-April 2015 amounted to 41.5 million manat or 57.7 percent less than in the same period of 2014.

Around 58 percent of the total capital investments accounted for domestic investments.

Investment indices in January-April 2015:

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

The total amount of foreign investments in Azerbaijan's economy amounted to 2.047 billion manat in January-April 2015 or by 42 percent more compared to January-April 2014.

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, the credit rating of Azerbaijan increased by the world leading rating agencies, the policy of integration into the world economy contribute to the growth of foreign investments.

Around 82.3 percent (1.686 billion manat) 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-April 2015.

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 31.8 percent, while investments totalled 651.2 million manat.