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Investment in Azerbaijan’s economy fell over 8% last year

Funds directed to fixed capital from all financial sources to develop economic and social spheres in Azerbaijan in 2020 declined by 8.3% compared to 2019 and amounted to AZN 17 billion 028.1 million.

Report informs citing the State Statistical Committee.

According to the report, during the reporting period, investments in the non-oil and gas sector slumped by 12.3% to AZN 11 billion 148.4 million, including investments in the non-oil and gas industry decreased by 12.1% to AZN 3 billion 001.3 million.

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