S & P: Independent rating of Azerbaijan may decline in 2017

Baku. 12 January. REPORT.AZ/ Standard & Poor's International rating agency forecasts decline of the sovereign rating of three countries with a negative outlook in 2017. Report informs citing the S & P Report for 2017, since the beginning of 2008 the number of countries with the forecast "negative" has exceeded the number of countries with a positive outlook.As of January 1, 2017, 30 countries have negative 7 countries - positive outlook.Thus, the difference was 23 units. The maximum rate marked in June 2016 and amounted to 30 units (Table 1 shows the number of countries with forecasts "negative", "positive" and "stable").

According to S & P there is a higher difference between "negative" and "positive" outlook in countries of the Middle East, CIS and Africa since 2012.

Though, in 2014 this figure fell slightly, on January 1, 2017 once again reached 10 units (Table 2 shows the difference in performance of countries in Europe, Asia Pacific, Latin America and Middle East, CIS and Africa).

S & P also announced the list of countries in Africa, America, Asia-Pacific, Europe and the Middle East, the CIS with a negative and a positive rating (Table 3, as of 1 January 2017).