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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 in January-March 2024

30.04.2024, 12:00

The number of nights spent in hotels and similar establishments in January-March 2024 increased by 41,9% compared with corresponding period of 2023 and amounted to 779,4 thousand. 64,7% of the total nights spent were registered in Baku, 9,3% in Gusar, 4,0% in Naftalan, 3,9% in Guba, 3,6% in Shabran, 3,0% in Gabala, 1,8% in Lankaran, 1,1% in Ganja, 1,0% in Nakhchivan Autonomous Republic and 7,6% in other districts and cities.

The number of nights spent by foreigners and stateless persons increased by 40,2 percent compared to January-March 2023 and reached 433,4 thousand, representing 55,6% of total nights. 17.8% of the total nights were spent by citizens of India, 17,3% - the Russian Federation, 9,0% - Türkiye, 7,1% - the United Arab Emirates, 6,3% - Saudi Arabia, 3,7% - Kuwait, 2,7% - Kazakhstan, 2,7% - Great Britain, 2,4% - the USA, 2,3% - Pakistan, 2,3% - China, 1,7% - Uzbekistan, 1,3% - Germany, 1,1% - Italy, 1,1% - Georgia, 1,0% - Bahrain, 0,9% - Israel, 0,8% - Qatar, 0,8% - Ukraine, 0,7% - Belarus, 0,7% - Lithuania, 0,6% - France, 0,6% - Poland, 0,6% - Iran, 0,6% - Oman, 13,9% - citizens of other countries.

80,9% of the nights in hotels spent by foreigners and stateless persons were registered in Baku city, 8,8% in Gusar, 3,1% in Naftalan, 2,9% in Guba, 2,5% in Gabala, 0,4% in Shabran and 1,4% in other districts and cities.

The number of nights spent in hotels by the citizens of the Republic of Azerbaijan compared to the corresponding period of 2023 increased by 44,2% and made 346,0 thousand, representing 44,4% of total nights.

In January-March 2024, hotels and similar establishments’ revenues increased by 31,1% compared to the corresponding period of 2023 and amounted to 111,7 million manats, 58,5% of which were from services for the provision of rooms, 26,9% catering services, 3,6% treatment and health services and 11,0% other services.

In January-March 2024, one-time use of rooms in hotels and similar establishments was 17,8% (13,4% in January-March 2023). This indicator was 45,5% in Shabran, 41,3% in Gusar, 30,6% in Baku, 29,8% in Naftalan, 24,8% in Saatli, 20,8% in Sabirabad, 20,4% in Beylagan, 20,2% in Aghjabadi, while in other cities and regions, it was below average.

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