OREANDA-NEWS. March 27, 2012. The Central Bank of Azerbaijan, running payment balance statistics, has reported that in  2011 raising of external loans (excluding other kinds of investments) in country’s economy exceeded repayment of earlier-received loans by 1.63 times. Following 2010 it made 1.5 fold.

The CBA reports that as of 1 January 2012 Azerbaijani borrowers repaid USD 2.236  bn on previously-raised loans.

At that, 43.4% of payments (USD 969.5 million) fell on the share of banks, 13.7% (USD 306.9 million) on loans raised by the government and under state guarantees, 25.8% (USD 577.5 million) on oil and gas sector, 17.1% (USD 382.3 million ) on other companies and businesses.

In 2011 net attraction of loans totaled USD 3.651 bn (including USD 706 million in oil and gas sector and USD 2.053 bn in state sector).

Overall flow of foreign capital in the country in 2011 reached USD 8.114 bn, including direct investments for USD 4.443 bn, including USD 3.465 bn in oil and gas sector.

In 2010 overall flow of capital made USD 8.315 bn , including USD 3.347 bn of foreign direct investments (FDI) and USD 4.966 bn of credit raising.