BAKU, Azerbaijan, February 14. Investments in fixed capital in Azerbaijan amounted to 787 million manat ($462.9 million) this January, which is 50 percent less than the indicator of the corresponding period of 2024.
Data obtained by Trend from the State Statistical Committee shows that the volume of investments in the oil and gas sector decreased by 40.5 percent and the non-oil sector by 54.8 percent.
Simultaneously, 504.8 million manat ($296.9 million) or 64.1 percent of the used investments were allocated to the production sector, 109.8 million manat ($64.59 million) or 14 percent to the services sector, and 172.4 million manat ($101.4 million) or 21.9 percent to residential development.
Internal funds constituted 473.8 million manat (278.7 million) or 60.2 percent of the investments allocated to fixed capital.
A total of 566 million manat ($332.9 million) or 71.9 percent of funds directed to fixed capital were spent on construction and installation work in the mentioned period.
To note, investments in fixed capital in Azerbaijan amounted to 21.4 billion manat ($12.5 billion) in 2024, which is 0.7 percent less than the indicator of 2023.
