Directions for improving the position of the railway transport sector of the Republic of Azerbaijan in international comparative rankings

The article is devoted to the issues of raising the position of the railway transport sector of the Republic of Azerbaijan on the international rating indicators. The article examines the infrastructure, density of railways, efficiency of railway services, the methodology of its determination and comparatively analyzes the position of other post-soviet space and developed countries in the international ranking, including our country. Based on the analysis, the problems hindering the development of railway transport in Azerbaijan, as well as the main directions of its development were identified. The main purpose of the research is to analyze the role of the private sector in the activities of railway transport and realization economic measures, their effectiveness, positive economic results, to show the application of this experience in the Republic of Azerbaijan. The practical significance of the article to realize statistical, econometric analysis of the main indicators of the country's railway transport in recent years and substantiate to reduce share of the public sector in the field of railway transport and to create a private sector. The main novelty of the study is the reduction of the share of the public sector in this type of transport and implementation of serious structural reforms, creation of new private railway companies, attraction of private investment in the development of this sector, etc. in our country.