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Azerbaijan’s 9M2021 turnover of mutual tourism services decrease

Economy Materials 9 December 2021 14:01 (UTC +04:00)
Azerbaijan’s 9M2021 turnover of mutual tourism services decrease

BAKU, Azerbaijan, Dec. 9

By Khagan Isayev – Trend:

The turnover of mutual tourism services in Azerbaijan in 9M2021 decreased by 23.1 percent compared to the same period last year and amounted to $491.1 million, Trend reports citing the Central Bank of Azerbaijan (CBA).

According to the CBA, during the reporting period, imports of tourism services ($367.4 million) exceeded their exports ($123.7 million), resulting in a deficit of $243.7 million.

It is noted that the number of Azerbaijani citizens who went abroad in 9M2021 decreased by 24.7 percent on an annualized basis, and the number of foreign citizens who visited Azerbaijan - by 38.2 percent.

CBA also reports that the volume of tourism services provided to Azerbaijani citizens abroad during this period amounted to $367.4 million.

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