In January–March 2026, total investment in fixed capital in Azerbaijan reached AZN 4 billion, marking a 14.9% year-on-year increase.
The quarterly trend was consistent. In January–February, investments amounted to AZN 2.4 billion, reflecting a 19.4% annual growth rate. The oil and gas sector recorded a significantly higher increase of 51.4%, while the non-oil sector grew by 5.1%.
By the end of the first quarter, the composition of investment showed some adjustment:
→ investment in the non-oil sector rose by 2.2%, reaching AZN 2.5 billion
→ the share of the non-oil sector accounted for 62.3% of total capital investment
The primary focus remains on manufacturing and infrastructure. The rising share of the non-oil sector highlights Azerbaijan’s ongoing efforts toward economic diversification.
