FDI flows to Azerbaijan skyrocketed last year, from $227 million in 2001 to $1.4 billion. The increase was due largely to a 700% rise in FDI flows to the oil sector. Flows from the developed countries surged by 370%, dominated by flows from the United Kingdom, United States and Norway.
Azerbaijan´s inward FDI stock increased 16 times, from $330 million in 1995 to $5.4 billion in 2002, with the developed countries accounting for the lion´s share. The oil and gas sector accounted for 70% of flows during the same period.
National investment profiles are being published online as they become available, based on each country´s reporting schedules. The profiles, which are part of UNCTAD´s World Investment Directory, provide quick electronic access to the latest statistics on foreign direct investment (FDI) and the operations of transnational corporations (TNCs). They include statistical definitions and sources, a listing of relevant national laws and regulations, information on bilateral and multilateral agreements and a bibliography.
