Azerbaijan, Baku, Aug. 15 / Trend E. Aliyev /
In the first quarter of 2013, the volume of Azerbaijan's direct investments in Georgian economy amounted to $38.4 million, or 94.9 percent more compared to the same period in 2012, Gruzstat (The National Statistics Office of Georgia) reported.
For comparison, in January-March 2012, the volume of Azerbaijan's direct investments in Georgia's economy amounted to $19.7 million.
According to the report, $226.2 million of direct investment was made in Georgia's economy only in the first quarter of this year. Azerbaijan ranks second in the list of the leading investors with a share of 17 percent of the total income in the country. Japan is leading with $46.3 million (20 percent), followed by the Netherlands ($34.9 million or 15 percent of the total direct investment), the UK ($ 18.3 million or eight percent) and China ($12.5 million or six percent).
In just five years (2008-2012), the amount of Azerbaijan's direct investment in Georgia totaled $308.7 million. The largest volume of investments accounted for 2011 - $138 million. The smallest amount of investments was recorded in 2008 - $23.9 million.
|
Year |
Volume of Azerbaijani investments (in million dollars) |
Total volume of investment (in million dollars) |
Share (percent) |
|
2008 |
23.9 |
1564.0 |
1.5 |
|
2009 |
29.8 |
658.4 |
4.5 |
|
2010 |
58.0 |
814.5 |
7.1 |
|
2011 |
138.0 |
1117.2 |
12.0 |
|
2012 |
59.0 |
911.6 |
7.0 |
|
2013 (first quarter) |
38.4 |
226.2 |
17.0 |
