Azerbaijan Outpaces China and Serbia in Transport Infrastructure Investment

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Azerbaijan Outpaces China and Serbia in Transport Infrastructure Investment

Azerbaijan has ranked first among 32 countries for the share of GDP invested in transport infrastructure, according to a new Statistical Information Bulletin published by the International Transport Forum.

The study found that Azerbaijan allocated an average of 3.5% of its GDP to transport infrastructure between 2022 and 2024, the highest proportion among all countries surveyed, The Caspian Post reports via the Azerbaijani Ministry of Digital Development and Transport.

The report places Azerbaijan alongside China, North Macedonia and Serbia among the few nations investing more than 2% of GDP in expanding and modernizing transport networks to meet international standards.

The bulletin also highlights Azerbaijan's strong long-term investment trend. Compared with the 2012-2014 period, the country's transport infrastructure investment as a share of GDP increased by 0.6 percentage points in 2022-2024, reflecting a decade of sustained growth in funding for roads, railways, ports and logistics.

According to the study, most developed economies invest less than 1% of GDP in transport infrastructure. Azerbaijan's significantly higher spending is driven by major transport and logistics projects aimed at strengthening its position as a key regional connectivity and trade hub.

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Azerbaijan Outpaces China and Serbia in Transport Infrastructure Investment

Azerbaijan has ranked first among 32 countries for the share of GDP invested in transport infrastructure, according to a new Statistical Information Bulletin published by the International Transport Forum.