OREANDA-NEWS. April 21, 2010. The State Statistics Committee (SSC) informs that for Jan-Mar capital investments in country’s economy totaled AZN 1.636 bn (USD2.046 bn in accord with average exchange rate: AZN 0.8 to the US dollar) that is by 4.9% more versus Jan-Mar 2009. This March investments totaled AZN 560.1 million versus AZN 674.9 million in February and AZN 401.3 million in January.

The forecast for 2010 was fixed at the level of AZN 11.315 bn (USD 14.07 bn) with rise of 12.5% and for Jan-Mar actual investments made up 14.5% of the 2010 forecast and their growth turned out by 7.6% less than it was expected.

According to the SSC data, for Jan-Mar domestic sources’ investments totaled AZN 1.2 bn (USD 1.538 bn) that makes up 13.2% of the 2010 forecast of AZN 9.3 bn (USD 11.6 bn) with growth of 15.5%.

Foreign investments made AZN 405.8 million (USD 388.625 million) that makes up 20.5% of the forecast for 2010 of AZN 1.975 bn (USD 2.455 bn) with zero growth.

Tendency of domination of domestic investments in Azerbaijani economic over external ones, which stopped in January, strengthened in March.

Last month internal investments reached AZN 465.2 million versus AZN 94.9 million of foreign investments or 83.1% and 16.9% of all investments respectively. For Jan-Mar 2010 ratio was 77.8% to 22.2%.

In 2009, foreign investments made up 20.1% of all investments and domestic investments 79.9%.

In 2007 this ratio was 40.4% and 59.6% and in 2008 – 24.5% and 75.5% respectively.

Last year the best index of domestic investments was registered in February (AZN 927.12 million), while the best index of foreign investments was registered in October (AZN 241.7 million).

In January to February, investment sources were enterprises’ funds (AZN 582.1  million with 89.8% rise), bank loans (AZN 48.7 million with growth by 38.2%), the population’s funds (AZN 22.6 million with rise of 9.5%), budget finances (AZN 384.7 million with rise of 66.9%), extra-budgetary funds (AZN 38.3 million with decline by 51.5%).

In January to February, state investments totaled AZN 597.3 million and investments from the state budget - AZN 369.6 million with plan for the year in the amount of AZN 3.549 bn.

In 2009, capital investments in Azerbaijani economy reached AZN 7.358 bn (USD 9.198 bn) that is by 18.7% less against the 2008 figure.

In 2008, Azerbaijani economy was invested AZN 9.07 bn (USD 11.065 bn; USD 1 = AZN 0.82) that exceeds investments in 2007 by 34.3%. In 2006, Azerbaijani economy was invested AZN 5.963 bn (USD 6.7 bn) with growth of 14.8% and in 2007 - AZN 6.774 bn (USD 7.97 bn) with growth of 17.8%.