Travel services in Azerbaijan
Azerbaijan: Travel services was 23.1% in 2025. ◆ Volatile
Travel services in Azerbaijan, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Azerbaijan recorded 23.1% for travel services in 2025.
Compared with earlier readings it is down 8.4% on the previous year and down 55.6% over ten years.
Over the whole period, travel services in Azerbaijan peaked at 64.2% in 2017 and was at its lowest, 8.2%, in 2021.
That places Azerbaijan 126th out of 198 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Azerbaijan, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1995 | 40.7% | — |
| 1996 | 30.5% | -25.0% |
| 1997 | 47.3% | +55.1% |
| 1998 | 37.7% | -20.4% |
| 1999 | 31.6% | -16.2% |
| 2000 | 24.3% | -23.2% |
| 2001 | 14.7% | -39.5% |
| 2002 | 14.2% | -3.4% |
| 2003 | 13.5% | -4.9% |
| 2004 | 12.2% | -9.9% |
| 2005 | 10.5% | -14.0% |
| 2006 | 12.1% | +15.7% |
| 2007 | 12.2% | +0.8% |
| 2008 | 11.5% | -6.2% |
| 2009 | 18.0% | +57.3% |
| 2010 | 26.4% | +46.3% |
| 2011 | 42.3% | +60.5% |
| 2012 | 50.6% | +19.6% |
| 2013 | 57.3% | +13.1% |
| 2014 | 56.6% | -1.2% |
| 2015 | 52.0% | -8.2% |
| 2016 | 62.1% | +19.5% |
| 2017 | 64.2% | +3.4% |
| 2018 | 56.1% | -12.7% |
| 2019 | 47.5% | -15.2% |
| 2020 | 11.6% | -75.6% |
| 2021 | 8.2% | -29.0% |
| 2022 | 16.2% | +97.5% |
| 2023 | 23.7% | +46.1% |
| 2024 | 25.2% | +6.2% |
| 2025 | 23.1% | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.6% | 30.5% | 47.3% | 5 |
| 2000s | 14.3% | 10.5% | 24.3% | 10 |
| 2010s | 51.5% | 26.4% | 64.2% | 10 |
| 2020s | 18.0% | 8.2% | 25.2% | 6 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is travel services in Azerbaijan?
- Travel services in Azerbaijan was 23.1% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Azerbaijan?
- The highest recorded value was 64.2% in 2017.
- What is the lowest travel services recorded in Azerbaijan?
- The lowest recorded value was 8.2% in 2021.
- How does Azerbaijan rank for travel services?
- Azerbaijan ranks 126th out of 198 countries with data for 2025.
- Is travel services rising or falling in Azerbaijan?
- Over the last ten years it is down 55.6%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.