More than AZN 658 mln. invested in Azerbaijan’s economy in January

Headlines 14:47 10 Feb, 2022

In January of 2022, AZN 658,1 mln invested in fixed capital, or 11.1% less in comparison to the related period of 2021

More than AZN 658 mln. invested in Azerbaijan’s economy in January

In January of 2022, AZN 658,1 mln invested in fixed capital, or 11.1% less in comparison to the related period of 2021, Qazet.az reports citing State Statistics Committee.

The volume of investments in the oil and gas sector decreased by 9.8%, while the volume of the funds invested in the non-oil sector decreased by 12.7%.

AZN 474,9 mln. of the used fund or 72.2% was spent for product production, AZN 125 mln (19%) to service fields, AZN 58,2 mln (8.8%) for the construction of residential houses.