In July direct investments in the Azerbaijan’s oil sector increased by 2.1% against June providing only 47.9% of all investments in the economy against 64.1% in January, abc.az reports.

The State Statistics Committee (SSC) informs that over Jan-Jul 2015 it was invested AZN 4.125 bn in the oil sector ($3.9 bn on the exchange rate by the end of reported period of AZN 1.0495 to the US dollar) that is by 19.57% higher against the 2014 same term. The non-oil sector was invested AZN 5.2 bn (-6.7%). Oil investments for the reported period made up 44% and non-oil investments -56% of all investments in the economy.

In January investments in the oil sector totaled AZN 437.3 million, in February AZN 456.4 million, in March AZN 636 million, in April AZN 570.9 million, in May AZN 658.1 million, in June AZN 676.2 million, and in July AZN 690.6 million (this year’s best index).

Investments in the non-oil sector totaled AZN 245.3 million, AZN 558.4 million, AZN 899.3 million, and AZN 1.064 bn, AZN 889.6 million, AZN 833.1 million, and AZN 752.3 million respectively.

Over Jan-Jul overall investments in the extracting sector totaled AZN 4.17 bn that exceeded by 21.5% the index recorded during the 2014 same period. At that, total investments in the industrial sector amounted to AZN 4.8 bn with 2.4% growth but only AZN 335.5 million was invested in the processing industry (+2.4-fold).

Investments in power and gas sector totaled AZN 84.3 million, water and waste utilization AZN 249.5 million, in transport, storage industry and mail AZN 1.087 bn (including AZN 1.084 bn in transport, and AZN 187.5 million in communications. Investments in the real estate operations totaled AZN 62.7 million, in housing construction AZN 589 million, in agriculture AZN 295.6 million, construction sector AZN 1.12 million and trade AZN 190.1 million.

Overall investments in the country’s economy for Jan-Jul 2015 amounted to AZN 9.368 bn (+3.5%).

In 2014 AZN 5.96 bn was invested in the oil sector ($7.6 bn + 16.6%). AZN 11.65 bn (-9%) was invested in the non-oil sector. Oil investments for the reported term made up 33.9% and non-oil investments 66.1% of all investments in the economy.

Investments in the oil sector reached AZN 594.6 million in March (the best index for 2014). Investments in the non-oil sector amounted to AZN 2.38 bn in December 2014 (the best index). Overall investments in country’s economy for 2014 amounted to AZN 17.615 bn (-1.7%).

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