Azerbaijan - Travel services (% of service imports, BoP)

Travel services (% of service imports, BoP) in Azerbaijan was 7.54 as of 2020. Its highest value over the past 25 years was 47.79 in 1995, while its lowest value was 4.61 in 2004.

Definition: Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1995 47.79
1996 22.61
1997 25.66
1998 24.20
1999 28.62
2000 27.17
2001 16.38
2002 8.07
2003 5.44
2004 4.61
2005 6.17
2006 6.85
2007 7.79
2008 8.75
2009 11.04
2010 19.89
2011 28.92
2012 33.34
2013 34.57
2014 28.96
2015 30.01
2016 33.16
2017 32.95
2018 33.83
2019 26.70
2020 7.54

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments