Investments in Azerbaijan's economy (january-july 2016)

According to the Azerbaijani State Statistics Committee, around 7.960 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-July 2016 or by 15.1 percent less than in the same period of 2015. Around 1.190.1 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in July 2016 or by 17.5 percent less than in the same period of 2015.

The main sources of investments in January-July 2016 are as follows:

  • funds of enterprises and organizations – 5.840.3 billion manat (a 31.2 percent less compared to January-July 2015;
  • budgetary funds – 1.006.2 billion manat (a 40.6 percent less);
  • off-budgetary funds – 79.8 million manat (a 49.1 percent less);
  • bank loans – 752.8 million manat (a 33.3 percent more);
  • funds of population – 259.4 million manat (a 6.8 percent less)

The investments made in the economy decreased in January-July 2016 in all sources of finance except the bank loans. The investments made from the state budget decreased by 40.6 percent due to economizing the state funds since early 2016.

According to the State Statistics Committee’s report, the private businesses and organizations invested 72.3 percent of total investments in the fixed capital, but the state businesses and organizations – 27.7 percent.

The investments in construction and installation work for the period amounted to 70.9 percent of the total investments.

The investments worth 6.460.4 billion manat were made in the construction of production facilities, 1.176 billion manat (14.8 percent) in the non-production facilities, housing construction –323.4 million manat (4.1 percent).

Some 5.15 billion manat were invested in the country’s oil and gas sector, which is 25.6 percent more than in the same period of 2015.

The total investments in the Azerbaijani industrial sector amounted to 5.43 billion manat or by 13.1 percent more compared to January-July 2015.

The investments in extractive industry totaled 5.13 billion manat or by 22.1 percent more than in January-July 2015.

The investments in production, distribution and supply of electricity, gas and heat amounted to 105.3 million manat in January-July, which is 24.9 percent more than in the same period of 2015.

Some 38.1 percent of the total investments accounted for the domestic investments.

Investment indices in January-July 2016:

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

Amount in mln manat

Specific weight in percent

Investments in total

7959,7

100,0

Foreign investments

4923,1

61,9

Domestic investments

3036,6

38,1

The total amount of foreign investments in Azerbaijan's economy amounted to 4.923.1 billion manat in January-July 2016 or by 27.1 percent more compared to January-July 2015.

An increase in foreign investments is a positive factor and points to the fact that Azerbaijan is a potential for foreign investors.

The investments worth around 4.328.5 billion manat (87.9 percent) made in Azerbaijan's economy by foreign countries and international organisations accounted for investors from the UK, Russia, Malaysia, Turkey, Sweden, Japan, US and Iran in January-July 2016.

The UK is Azerbaijan’s largest investor. Currently, 473 companies with the British capital are operating in the country. The UK companies act as contractors in the projects being implemented in Azerbaijan. Azerbaijan and the UK successfully cooperate in various sectors of the economy, namely, banking, ICT, water supply, tourism, health care.

The largest amount of foreign investments made in Azerbaijan's fixed capital in January-July accounted for April – 935.1 million manat, while the smallest amount – in May (544.1 million manat).

In total investments, the largest amount of foreign investments made in Azerbaijan's fixed capital in January-July was registered in January – 71.5 percent, while the smallest amount – in May – 49.6 percent.

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