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Azerbaijan Tourism Receipts

International tourism receipts  ST.INT.RCPT.CD

Azerbaijan's tourism receipts was $340.0M in 2020, ranked 83rd globally. This represents a 83.0% decrease from 2019. Data from World Bank, covering 1995–2020.

$340.0M −$1.7B (-83.0%)
Year 2020 Rank #83 Global Peak $3.2B (2017) Source World Bank

Azerbaijan Tourism Receipts (1995–2020)

Overview

Azerbaijan's tourism receipts stood at $340.0M in 2020, a decline of +$1.7B from 2019. Azerbaijan ranked 83rd globally.

Azerbaijan’s tourism receipts have shown pronounced volatility since the mid‑1990s, rising from a modest 87,000,000.00 in 1995 to a historic peak of 3,214,000,000.00 in 2017, before falling sharply to a trough of 57,000,000.00 in 2001. The 2020 figure of 340,000,000.00 places the country at rank 83 globally and slightly below peers such as Moldova, which recorded 354,000,000.00 in the same year. The post‑2001 expansion reflects concerted investment in infrastructure and the promotion of cultural heritage sites, yet the COVID‑19 pandemic and regional geopolitical tensions curtailed growth, leaving receipts well under the 2017 high. Over the 26‑year coverage period, the trajectory suggests that sustained marketing, diversification of source markets, and stability in the South Caucasus could restore upward momentum, potentially narrowing the gap with neighboring economies and approaching pre‑pandemic levels.

Data & projection

Year Tourism Receipts YoY change Rank
2020 $340.0M −$1.7B #83
2019 $2.0B −$825.9M #76
2018 $2.8B −$384.0M #68
2017 $3.2B +$359.0M #63
2016 $2.9B +$320.0M #64
2015 $2.5B −$178.0M #65
2014 $2.7B +$95.0M #61
2013 $2.6B −$16.0M #61
2012 $2.6B +$1.1B #59
2011 $1.5B +$708.0M #74
2010 $792.0M +$247.0M #84
2009 $545.0M +$163.0M #98
2008 $382.0M +$65.0M #110
2007 $317.0M +$116.0M #117
2006 $201.0M +$101.0M #115
Show all years (1995-2020)

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.9% Real rate -16.5%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw tourism receipts improve within 24 months. View full analysis →

Frequently Asked Questions

What is Azerbaijan's tourism receipts?▾

Azerbaijan's tourism receipts was $340.0M in 2020. Ranked 83rd globally. This represents a 83.0% decrease from the previous year.

What was the highest tourism receipts in Azerbaijan?▾

Azerbaijan's tourism receipts peaked at $3.2B in 2017.

What was the lowest tourism receipts in Azerbaijan?▾

The lowest tourism receipts in Azerbaijan was $57.0M in 1996.

How does Azerbaijan rank in tourism receipts?▾

Azerbaijan ranks 83rd globally in tourism receipts as of 2020.

What is the World Bank indicator code for tourism receipts?▾

The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.

What is Azerbaijan's tourism receipts in million?▾

Azerbaijan's tourism receipts was approximately 340 million ($340.0M) in 2020.

What is the tourism receipts of Azerbaijan in 2020?▾

The tourism receipts of Azerbaijan in 2020 was $340.0M. This ranks 83rd in the world.

Cite this page

APA
Azerbaijan Tourism Receipts. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/azerbaijan/tourism-receipts/
BibTeX
@misc{historysaid_azerbaijan_tourism-receipts, title = {Azerbaijan Tourism Receipts}, url = {https://historysaid.com/azerbaijan/tourism-receipts/}, publisher = {HistorySaid}, year = {2026} }
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