BAKU, Azerbaijan, June 8. S&P Global Ratings expects real investment growth in Azerbaijan to reach 5 percent in 2024, Trend reports.
According to the company, the growth rate is expected to reach 5 percent in 2025, while in 2026 the growth rate will be 2 percent.
Meanwhile, in 2027, the rate will remain at the same level as in 2026 - 2 percent.
To note, S&P Global Ratings has affirmed Azerbaijan's long-term and short-term foreign and local currency sovereign credit ratings at 'BB+/B'.
In 2023, investments in fixed capital amounted to 20.2 billion manat ($11.8 billion), which is 9.8 percent more than in 2022.
Launched in 2012, S&P Global is the world's largest global resource for index-based concepts, data, and research. S&P Global Ratings provides credit ratings, research, and insights required for growth and transparency in 27 countries. Local and global perspectives are offered by S&P Global Ratings analysts.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel
