BAKU, Azerbaijan, September 15. Azerbaijan's
net foreign financial assets scaled up by $3.3 billion over the
first six months of 2026.
This was reflected in a report from the Central Bank of
Azerbaijan (CBA).
According to the report, this figure was driven by foreign
direct investments ($4.3 billion), portfolio investments (-$0.3
billion), and other investments (-$0.7 billion).
"During the reporting period, the country's net external
financial liabilities increased by $0.3 billion; this was shaped by
inward direct investments (-$0.1 billion), the oil bonus ($0.4
million), portfolio investments (-$2.0 billion), and other
investments ($2.4 billion)," the report emphasized.
Net external financial assets related to foreign direct
investments rose by $4.3 billion, while net external financial
liabilities decreased by $0.1 billion.
"The total amount of capital attracted from abroad in the form
of foreign direct investments was $3.7 billion, while the volume of
foreign direct investment directed into foreign economies was $5.0
billion. Overall, a deficit of $4.4 billion was recorded in foreign
direct investment.
The oil and gas sector accounted for 76.1% of the structure of
foreign direct investment in the country's economy," the CBA report
noted.
In the balance of payments for the first six months of 2026, the
net decrease in foreign financial liabilities (-$0.9 billion) under
the foreign direct investment item for the oil and gas sector
resulted from the difference between the investment attracted to
the sector ($2.8 billion) and capital repatriation from the sector
($3.7 billion—primarily in the form of crude oil and natural gas
attributable to the shares of international oil and gas
consortia).
"According to estimates, the total volume of foreign direct
investments attracted to the non-oil and gas sector increased by
19.6% to reach $0.9 billion; a portion of this ($0.3 billion) was
attributed to the reinvestment of earnings into the country's
economy," the report added.
