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Investments in Azerbaijan's economy (January 2017)

Analysis Materials 19 March 2018 17:49 (UTC +04:00)

According to the Azerbaijani State Statistics Committee, 960.3 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January 2018, which is by 5.5 percent less than in January 2017.

According to the report, 83.5 percent of investments in fixed assets were made in the construction of production facilities, 11 percent - non-production facilities, 5.5 percent - housing construction.

The main sources of investments in January 2018 are as follows:

  • funds of enterprises and organizations - 782.1 million manat (8.8 percent less compared to January 2017;
  • budgetary funds - 58.7 million manat (66.2 percent more);
  • off-budgetary funds - 6.1 million manat (31.6 percent less);
  • bank loans - 63.9 million manat (23.7 percent less);
  • funds of population - 49.5 million manat (65.5 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 2018.

According to the State Statistics Committee's report, the private businesses and organizations invested 80.5 percent of total investments in the fixed capital, but the state businesses and organizations - 19.5 percent despite an increase in budget financing.

Some 72.4 percent of the total investments were made in construction and installation work for the reporting period.

Some 597.6 million manat were invested in the Azerbaijani oil and gas sector in January 2018 compared to 751.5 million manat (20.5 percent decrease) in January 2017.

The total investments worth 636.2 million manat were made in the Azerbaijani industrial sector in January 2018 or by 23.8 percent less compared to January 2017.

Some 585.3 million manat of those funds were made in the Azerbaijani extractive sector in January 2018 or by 26.6 percent less compared to January 2017.

The investments worth 4 million manat were made in production, distribution and supply of electricity, gas and heat in January 2018, which is by 65.5 percent less than in January 2017.

Some 52.1 percent of the total investments accounted for the domestic investments.

Investment indices in January 2018:

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

Amount, mln manat

Specific weight in percent

Investments in total

960,3

100,0

Foreign investments

459,8

47,8

Domestic investments

500,5

52,11

Foreign investments in January amounted to 47.9 percent of the total amount of investments in Azerbaijan's fixed capital, which is 20.6 percentage points less than in January 2017.

The investments worth 408.7 million manat (88.9 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 in January 2018.

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