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Foreign direct investment in Azerbaijan up 25% in H1
BAKU. Sept 14 (Interfax) – Foreign direct investment in Azerbaijan rose 25.1% to $2.636 billion in H1 2021 from $2.107 billion in the same period last year, the Azerbaijani Central Bank said.
According to the balance of payments for H1 2021, the oil and gas sector accounted for 82.8% of FDI compared with 84.4% a year previously, with investment in the non-oil sector totaling $151.5 million, up 38.1% year-on-year.
Direct investment by Azerbaijani companies abroad came to $182.7 million in H1 2021, down 64.3% year-on-year, including $46 million in the oil and gas industry, down 83.6% from a year previously, and $136.7 million in other sectors, down 42.1%.
FDI in Azerbaijan rose 6% in 2020 to $4.528 billion.
