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Azerbaijani Tourism

Azerbaijani tourist sector profit amounts to AZN 8 million

Oct 21, 2009

Over the first six months of 2009, profits of Azerbaijani tourist sector increased by 1% as compared to relevant period of 2008.

The State Statistics Committee of Azerbaijan informed that over the first half of 2009 AZN 8 million of profits was received from tourist activity in the country.

“Out of them AZN 6.2 million was got directly from tourist services. AZN 7.9 million of total income fell on the share of the capital,” it was informed.

Total worth of permits increased by 29.4% and amounted to AZN 5.7 million.

“Over this period, 15,000 permits were sold to the tourists that exceeds by 4.4% index of similar period of the last year, including 14,300 ones (95.3%) were sold for journeys to the foreign country,” it was informed.

Over this period, tourist organizations accepted 7,900 tourists and sent 21,200 tourists.

98.3% of tourist establishments, functioning in Azerbaijan, belong to private sector.

In 2009, state budget allocated for sector of culture and tourism by 11.7% more than last year and budget expenditures of the Ministry of Culture and Tourism increased 3.7 fold as compared to 2006. Investments in construction, restoration and engineering grew 8 fold.

Number of country’s tourists in 2008 as compared to 2007, rose by 39.4% and made up 1.4 million people.

Azerbaijani tourist sector profit amounts to AZN 8 million
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