BAKU, Azerbaijan, March 26. The volume of foreign direct investments of Georgia in the Azerbaijani economy amounted to $35.4 million last year.
The data obtained by Trend from the Central Bank of Azerbaijan shows that this figure decreased by $4.3 million, or 10.8 percent, compared to the indicator of 2023.
The share of investments from Georgia in the total volume of foreign direct investment in Azerbaijan for the reporting year made up 0.5 percent.
Meanwhile, Azerbaijan invested $165 million in the economy of Georgia last year, which is $77.8 million or 1.9 times more than in 2023.
The share of Azerbaijani investments made in Georgia amounted to 9.4 percent of the total volume of direct foreign investments.
The volume of direct foreign investments from Georgia to Azerbaijan in 2023 amounted to $39.6 million, and the volume of investments from Azerbaijan to the neighbouring country - $87.2 million.
Foreign direct investments in the economy of Azerbaijan in 2024 amounted to $7.04 billion, which is $388.1 million or 5.83 percent more than in 2023. At the same time, the volume of Azerbaijan's foreign direct investment in the reporting year totaled $1.7 billion, which is $1.3 billion or 43.3 percent less than in 2023.