BAKU, Azerbaijan, March 12. Azerbaijan's fixed capital saw an investment of two billion manat ($1.18 billion) from January through February 2025, which is a drop in the bucket of 24.8 percent compared to the same stretch of time in 2024.
Data obtained by Trend from the State Statistical Committee shows that the volume of investments in the oil and gas sector decreased by 32.5 percent and the non-oil sector by 20.8 percent.
Simultaneously, 1.05 billion manat ($620 million) or 52.3 percent of the used investments were allocated to the production sector, 661.5 million manat ($389 million) or 32.9 percent to the service sector, and 296.8 million manat ($174.59 million) or 14.8 percent to residential development.
Internal funds constituted 1.4 billion manat (820 million), or 70.8 percent, of the investments allocated to fixed capital.
A total of 1.5 billion manat ($880 million), or 77.6 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.
