Azerbaijan Discloses Volume Of Foreign Direct Investment In Its Economy (UPDATED)
Date
12/11/2024 5:14:40 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 11. The foreign
direct investment (FDI) in Azerbaijan's Economy amounted to about
$4.5 billion in the period from January through September 2024, the
Director of the Statistics Department of the Central bank of
Azerbaijan (CBA) Samir Nasirov said during a media briefing,
Trend reports.
According to him, the indicator grew by 3.44 percent over the
year.
“The top five leading countries in terms of FDI in Azerbaijan's
economy include the UK - $1.3 billion, Türkiye - $911.9 million,
Cyprus - $553.6 million, the UAE - $356.3 million and Iran - $275.8
million," he noted.
Nasirov mentioned that the top ten countries in terms of direct
investment in Azerbaijan are Japan - $180.6 million, Hungary -
$133.7 million, Norway - $102.6 million, the US - $102.1 million
,and Russia - $97.8 million.
To note, FDI in Azerbaijan's economy amounted to $6.6 billion in
2023 (an increase of 6.1 percent).
MENAFN11122024000187011040ID1108980435
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.