Key Market Indicators
Azerbaijan's railway network is projected to maintain its current extent of approximately 2,170 route-kilometers through 2028, reflecting a marginal growth rate of 0.1% annually. Since the turn of the millennium, the country's rail supply has seen a modest year-on-year increase of 0.3%. In 2023, Azerbaijan was ranked 43rd in the world for rail length, with Morocco slightly ahead, also boasting approximately 2,170 route-kilometers. Leading the global rankings were China, Russia, and India, occupying the second, third, and fourth positions, respectively. However, Azerbaijan's rail infrastructure expenditure plummeted dramatically. In 2021, the expenditure was nearly zero, a stark contrast to the €515,410 spent in 2020, marking a 100% decrease within a year. This sharp decline has been part of a longer-term trend, with the nation's rail infrastructure spending decreasing by 100% annually since 2003.
