The turnover of mutual tourism services of Azerbaijan has increased almost 3 times


862      18.01.2023

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In January-September of this year, the turnover value of mutual tourism services of Azerbaijan increased by 2.6 times compared to the same period last year and amounted to 1.296 billion US dollars.

"Report" informs about this with reference to the Central Bank of Azerbaijan.

During the reporting period, the value of imports of tourism services ($692 million) exceeded the value of exports ($604 million), resulting in a deficit of $88 million. Although the number of Azerbaijani citizens who traveled abroad in the last 1 year increased by 67%, the number of foreign citizens who came to Azerbaijan increased by 2.2 times.

During the reporting period, 82.9% of the value of services provided by foreign countries to Azerbaijani residents related to tourism was related to personal trips of the country's citizens (excluding funds for the import of shuttles).

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