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AZN 16 bln. invested in Azerbaijan’s economy last year

Headlines 18:46 14 Jan, 2022

AZN 16,127 bln. or 8,2% few funds in comparison to 2020, was invested in fixed capital in 2021

AZN 16 bln. invested in Azerbaijan’s economy last year

AZN 16,127 bln. or 8,2% few funds in comparison to 2020, was invested in fixed capital in 2021, Qazet.az reports citing the State Statistics Committee.

The volume of investments involved in the oil and gas sector decreased by 5,6%, while the volume of funds involved in the non-oil gas sector decreased by 9,6%.

AZN 10 536,7 mln. or 65,3% of used funds was spent on fields of product production, AZN 560,8 mln (28,3%) on service fields, AZN 1 029,5 mln (6,4%) for construction of residential houses.