Switzerland reduces its investment in Azerbaijani economy by 3-fold
- 13 Apr 2024 10:13
- 22 Jan 2026 03:37
- 195070
- Economics
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In 2023, Switzerland invested $70.6 million in the economy of Azerbaijan, News.az reports citing the Central Bank of Azerbaijan (CBA).
CBA says this is 3-fold less than in 2022.
During the reporting period, the total investment share of Switzerland in the economy of Azerbaijan decreased from 3.4% to 1.1%.
Last year, Azerbaijan invested $40.7 million in the Swiss economy. This is 15% more than the previous year.
During the year, the total investment share of Azerbaijan in the Swiss economy decreased from 2.4% to 1.3%.