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

Travel services (% of service exports, BoP) in Azerbaijan was 11.61 as of 2020. Its highest value over the past 25 years was 64.24 in 2017, while its lowest value was 10.47 in 2005.

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 40.70
1996 30.52
1997 47.33
1998 37.70
1999 31.59
2000 24.28
2001 14.69
2002 14.20
2003 13.51
2004 12.17
2005 10.47
2006 12.11
2007 12.21
2008 11.46
2009 18.02
2010 26.36
2011 42.31
2012 50.60
2013 57.25
2014 56.58
2015 51.97
2016 62.12
2017 64.24
2018 56.16
2019 47.63
2020 11.61

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