International insurance and risk assessment company Allianz Trade (formerly Euler Hermes) has reaffirmed Azerbaijan’s country risk rating at the “C1” level, APA-Economics reports.
The company has once again placed Azerbaijan in the “low risk” category and shown it in the green zone. This reflects the country’s macroeconomic stability and low short-term financial risks.
According to the assessment, Azerbaijan’s financial system, external payment capacity, and budget stability are being maintained, although some weaknesses remain in the structure of the economy and the institutional environment.
Allianz Trade emphasized that since no changes were observed in the country’s risk indicators, Azerbaijan’s rating was kept stable.
Recall that in the first quarter of 2025, Allianz Trade upgraded Azerbaijan’s country risk rating from C2 (medium risk) to C1 (low risk).
The company explained this by a decline in risk levels in the country and the formation of a more stable economic and political environment.