Baku: Azerbaijan has emerged as the leading nation in terms of investment in transport infrastructure as a percentage of GDP, according to a recent bulletin published by the International Transport Forum (ITF). The report highlights that Azerbaijan has dedicated an average of 3.5% of its GDP to transport infrastructure from 2022 to 2024, outpacing 31 other countries in the study.

According to Azerbaijan State News Agency, the ITF bulletin underscores Azerbaijan's commitment to expanding its infrastructure networks to meet international standards, alongside countries such as North Macedonia, Serbia, and China, which also allocate more than 2% of GDP to this sector. The ITF praised Azerbaijan for its long-term investment dynamics, noting a 0.6% increase in the share of GDP allocated to transport infrastructure compared to the 2012-2014 period.

The report further explores the trend of increased investment in railway infrastructure over the past decade. Among the 32 countries analyzed, 20 have raised their investment shares in the railway sector from 2014 to 2024. Azerbaijan's investment in this area has remained steady, reflecting a consistent approach. In contrast, many developed countries allocate less than 1% of their GDP to new transport infrastructure due to reduced demand.

Azerbaijan's significant investment level is coupled with large-scale transport and logistics projects aimed at modernizing its infrastructure. The ITF bulletin acknowledges these efforts as part of the country's broader strategy to enhance its transport and logistics capabilities.