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In January-May 2024 gross domestic product in amount of 48026,0 million manats was produced in the country.In January-May 2024, investments at 6640,9 million manats were directed to fixed assets.For the state of May 1, 2024 number of employees engaged in the country economy made 1749,7 thsd. persons.In January-April 2024 4,3 percent more gross domestic product was produced in the country.In January-March 2024 average monthly nominal salary in the country made 985,3 manats.In January-April 2024, investments at 5230,4 million manats were directed to fixed assets.In January-February 2024 gross domestic product in amount of 18576,9 million manats was produced.In January 2024 industrial products at 5,2 billion manats were produced.For the state of 1st January of the current year winter crops for grain and green feed were sown in the area of 1025,4 thousand hectare.For the state of December 1, 2023 number of employees engaged in the country economy made 1732,6 thsd. persons.In January-April 2023, retail trade turnover increased by 2.9 percent in real terms.The foreign trade turnover of the country in January-March 2023 made 12269,3 million USD.In January-April 2023 the Republic of Azerbaijan received 522,9 thousand foreigners and stateless persons.50.2% of the total population of the country was women for the beginning of 2023.In January-March 2023, 368.9 thousand foreigners and stateless persons arrived in the Republic of Azerbaijan.In January-February 2023, retail trade turnover increased by 2.8 percent in real terms.In January-February 2023, the consumer price index was 113.9% compared to January-February 2022.50,2 percent of total number of population made up women to the beginning of 2023In 2022 cargo transportation in Azerbaijan side of the Europe-Caucasus-Asia Transport Corridor was 51420,6 thousand ton.Industrial products at 6,5 billion manats were produced in January 2023.

Activities of hotels and similar establishments

30.01.2020, 12:00

In 2019, 3345.3 thousand nights were spent on hotels of the country, which is 11.4 percent compared to 2018. 57.7% of the nights in hotels were registered in Baku, 7.9% in Gabala, 7.9% in Guba, 4.4% in Khachmaz, 3.7% in Naftalan, 2.8% in Gusar, 2.7% in Nakhchivan Autonomous Republic, 1.2% in Lankaran, per 1.0% in Mingachevir and Gakh, 8.6% in other districts (cities).

The number of nights spent by foreigners and stateless persons increased by 9.3% compared to previous year and amounted to 2240.9 thousand which makes 67.0% of total nights. 13.8% of the nights were citizens of the Saudi Arabia, 11.7% - United Arab Emirates, 10.9% - Russian Federation, 6.0% - Israel citizens, 5.9% - India, 5.2% - Iranian citizens, 5.0% - Turkish citizens, 3.5% - citizens of Kuwait, 3.5% - Great Britain, per 2.1% - Qatar and Pakistan citizens, 2.0% - USA, per 1.5% - China and Kazakhstan, 1.4% - Iraq, per 1.1% - Germany and Georgia, 22.1% - citizens of other countries.

77.0% of the nights in hotels spent by foreigners and stateless persons were registered in Baku city, 9.1% in Gabala, 3.4% in Guba, 3.0% - in Naftalan, 2.9% in Nakhchivan Autonomous Republic, 4.6% in other districts and cities. The number of nights spent by the citizens of the Republic of Azerbaijan increased by 15.9% compared to 2018 and amounted to 1104.4 thousand.

During the current year, hotels' revenues amounted to 450.2 million manats or 25.2% more compared to previous year, 66.0% of which were services for the provision of rooms, 25.8% for public catering services, 2.2% for treatment and health services and 6.0% from other services.

In 2019, the average indicator of the level of use of hotels’ one-time capacity in the country was 22.1% (20.8% in 2018). This indicator was 55.0% in Naftalan, 44.5% in Guba, 36.6% in Gabala, 32.2% in Beylagan, 31.8% in Baku, 24.2% in Shabran, while in other cities and regions it was below average country indicator. The highest average indicator (46.4%) of the level of use of hotels’ one-time capacity was in August.

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