According to the Azerbaijani State Statistics Committee, 11.09 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-September 2017, which is by 1 percent less than in January-September 2016.
Some 1,222.3 billion manat was invested in the Azerbaijani economy in September 2017, which is by 3.8 percent less than investments in fixed assets in September 2016.
According to the report, 77.7 percent of investments in fixed assets were made in the construction of production facilities, 16.0 percent - non-production facilities, 6.3 percent - housing construction.
The main sources of investments in January-September 2017 are as follows:
- funds of enterprises and organizations – 7.48 billion manat (9.5 percent less compared to January-September 2016;
- budgetary funds – 1.40 billion manat (5.1 percent less);
- off-budgetary funds – 160.4 million manat (32.8 percent more);
- bank loans – 1.35 billion manat (20.6 percent more);
- funds of population – 612.9 million manat (48.2 percent more)
The investments made in the economy increased in all sources of financing, except the funds of enterprises, organizations and budgetary funds in January-September 2017.
According to the State Statistics Committee’s report, the private businesses and organizations invested 68.0 percent of total investments in the fixed capital, but the state businesses and organizations – 32.0 percent despite an increase in budget financing.
Some 73.1 percent of the total investments were made in construction and installation work for the reporting period.
Some 6.47 billion manat were invested in the Azerbaijani oil and gas sector in January-September 2017 compared to 6.51 billion manat (0.7 percent decrease) in January-September 2016.
The total investments worth over 7.3 billion manat were made in the Azerbaijani industrial sector in January-September 2017 or by 3.2 percent less compared to January-September 2016.
Some 6.42 billion manat of those funds were made in the Azerbaijani extractive sector in January-September 2017 or by 9.5 percent less compared to January-September 2016.
The investments worth 319.5 million manat were made in production, distribution and supply of electricity, gas and heat in January-September 2017, which is by 64.6 percent more than in January-September 2016.
Some 40.5 percent of the total investments accounted for the domestic investments.
Investment indices in January-September 2017:
(Source: State Statistics Committee and calculations by Trend”)
|
Amount, mln manat |
Specific weight in percent |
|
|
Investments in total |
11,090.8 |
100.0 |
|
Foreign investments |
6,603.9 |
59.5 |
|
Domestic investments |
4.487 |
40.5 |
The total foreign investments worth 6.60 billion manat were made in Azerbaijan's fixed assets in January-September 2017 or by 6.25 billion manat (5.6 percent) more compared to January-September 2016.
The investments worth 5.74 billion manat (87.0 percent) made in Azerbaijan's economy by foreign countries and international organisations accounted for investors from the UK, Russia, Malaysia, Turkey, Switzerland, Japan, US, Norway, Iran and the Czech Republic in January-September 2017.