Tuesday, 02 January 2024 12:17 GMT

Switzerland Boosts Investments In Azerbaijan's Economy


(MENAFN- AzerNews) Foreign direct investments (FDI) from Switzerland to Azerbaijan totaled $226.6 million in the first six months of this year, Azernews reports citing the Central Bank of Azerbaijan.

This figure is $202.2 million higher than in the same period of last year, representing a 9.3-fold increase. Switzerland accounted for 7% of the total FDI in Azerbaijan during the reporting period. By comparison, Swiss investments in the first half of 2024 amounted to only $24.4 million.

Overall, Azerbaijan attracted more than $3.22 billion in foreign direct investments in the first half of 2025, up $244.3 million or 8.2% from the same period of 2024.

Meanwhile, direct investments from Azerbaijan into foreign economies reached $1.35 billion, marking an increase of $351.6 million or 35.2% compared to the first half of last year.

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