KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 4.7% (AZN1,897.6 mn or US$2,342.7 mn) in 2009 to 4.5% (AZN7,034.1 mn or US$8,684.1 mn) by 2019.

Employment
The contribution of the Travel & Tourism economy to employment is expected to fall to 159,000 jobs in 2009, 3.8% of total employment or 1 in every 26.4 jobs to 187,000 jobs, 3.6% of total employment or 1 in every 27.4 jobs by 2019.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -36.0% in 2009 and to average 6.9% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 6.0% of total exports (AZN641.6 mn or US$792.1 mn) in 2009, growing (nominal terms) to AZN2,524.7 mn or US$3,116.9 mn(4.9%) of total in 2019.

WORLD RANKING

The Azerbaijan Travel & Tourism economy is ranked number:

• 95 in absolute size worldwide
• 160 in relative contribution to national economies
• 10 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)