Public investment in infrastructure

Dossier: Macroeconomy, ratings and risk10-macro-riesgo.md
Domain: Sovereign rating and country riskmacro-riesgo
Room: Economy/economia
Audited: not audited

Public investment runs at around 1.6% of GDP, among the lowest on the continent. Moody's (Apr 2026) makes investment grade conditional on taking it to 3–4% of GDP (roads, ports, airports). It is the other face of fiscal discipline: the state collects ~12% of GDP and invests ~1.6%, so stability is financed by structural austerity. The dossier proposes the indicator public_investment_gdp_pct (Minfin/SICOIN), with the endpoint still to be researched.

The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.

Figures

Public investment / GDPPrensa Libre (cobertura de Moody's): ~1.6%Apr 2026 (Moody's report)
Implied target for investment grade (Moody's)Prensa Libre (cobertura de Moody's): 3–4% of GDPApr 2026

Caveat

press coverage of the Moody's report

Sources

Prensa Libre — Moody's mantiene Ba1 y prevé escenario optimistaprensalibre.comconsulted Aug 19, 2026
ICEFI — análisis del presupuesto aprobado 2026icefi.orgconsulted Aug 19, 2026

Related records

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