Switzerland’s direct investment in Azerbaijan increased notably in the first quarter of 2026, adding another signal that the country remains attractive to European capital.

According to data published by the Central Bank of Azerbaijan, Swiss direct investment into the Azerbaijani economy reached $13.256 million in January-March 2026. This was $2.471 million, or 22.9%, higher than in the same period of 2025.

At first glance, the figure is modest. Switzerland accounted for only 0.8% of all foreign direct investment directed into Azerbaijan during the reporting period. Yet the increase is economically meaningful because it comes at a time when Azerbaijan is trying to reshape the structure of its investment inflows, reduce dependence on hydrocarbons and attract more capital into non-oil sectors such as logistics, agriculture, information technology, tourism and renewable energy.

The broader FDI picture also points to stronger investor activity. In........

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