BAKU, Azerbaijan, December 7. The S&P Global Ratings agency has rolled out its crystal ball gazing for the ebb and flow of real investments in Azerbaijan's economy from 2024 to 2027, Trend reports.
The agency's data indicates that we expect real investment growth to be 3.9 percent this year and 1.4 percent annually from 2025 through 2027.
Furthermore, in 2024 the share of investments in GDP is projected to be 19 percent; in 2025 it's expected to grow to 20.4 percent; in 2026 the share is forecast to remain at 20.7 percent; and in 2027 it's anticipated to reach 21 percent.
To note, S&P Global Ratings has affirmed Azerbaijan's long-term and short-term sovereign credit ratings in foreign and local currency at "BB+/B."
In 2023, investments in fixed capital amounted to 20.29 billion manat ($11.9 billion), marking a 9.8 percent increase compared to 2022.
S&P Global Ratings is an American credit rating firm and a subsidiary of S&P Global that disseminates financial research and analysis on equities, fixed-income securities, and commodities. The organization, functioning as a credit rating agency, assigns credit ratings to the debt of both public and private entities, as well as to public debtors, including governments, governmental agencies, and municipalities.