Azerbaijan posts twofold increase in value of mutual tourism services

14:30 | 30.03.2023
Azerbaijan posts twofold increase in value of mutual tourism services

Azerbaijan posts twofold increase in value of mutual tourism services

Over the past year, the value of the mutual tourism services turnover in Azerbaijan doubled compared to 2021, reaching $1.7 billion.

Reported from the Central Bank of Azerbaijan that the deficit of $69.4 million was formed as a result the excess value of imports of tourism services ($892.7 million) over the value of exports ($823.3 million) during the reporting period. Over the past year, the number of Azerbaijani citizens traveling abroad increased by 53%, and the number of foreign citizens arriving in Azerbaijan doubled.





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