Azerbaijan's tourism services surplus jumps 32% in 2024, central bank says

The transport and tourism services in Azerbaijan’s payment balance were in surplus in 2024, Samir Nasirov, Director of the Statistics Department at the Central Bank of Azerbaijan (CBA), said during a briefing.

According to Report, he highlighted that the transport services balance recorded a surplus of $1.3 billion in 2024.

"In terms of transport services, this primarily refers to freight transportation, including transit shipments. Meanwhile, the tourism services balance showed a surplus of $451 million, which marks a 32% increase compared to 2023," he added.