Investments in oil & gas sector of Azerbaijan grew by 5.3%

14:43 - 13.05.2025


May 13, Fineko/abc.az. Over Jan-Apr 2025, 5.069 billion manats were directed for the fixed assets of Azerbaijan (4.6% less versus Jan-Apr 2024).

ABC.AZ informs with reference to the State Statistics Committee that for the past months of this year, investments in the oil & gas sector decreased by 22.7%, while investments in the non-oil/gas sector increased by 5.3%.

Over the past 4 months, 2.578 billion manats or 50.9% of the investments used were directed to the production sector, 1.627 billion manats or 32.1% to the service sector, 862.9 million manats or 17% to the construction of residential buildings.

Fpr Jan-Apr 2025, domestic investments amounted to 3.77 billion manats, or 74.4% of total investments in fixed assets, and 3.969 billion manats, or 78.3%, were directly allocated to construction & installation works.