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Georgia’s income from international visitors double

Georgia Materials 17 November 2021 13:18 (UTC +04:00)
Georgia’s income from international visitors double

BAKU, Azerbaijan, Nov. 17

By Maryana Akhmedova – Trend:

Georgia’s total income from foreign visitors from January through October 2021 amounted to more than $1 billion, which is an increase of 94.4 percent, compared to $514.3 million over the same period of 2020, Trend reports via National Bank of Georgia (NBG).

According to the data, the total income in October 2021 amounted to $142.3 million, which is a decrease of 12.1 percent, compared to $161.9 million in September 2021.

However, the same figure significantly increased by 836.1 percent, compared to October 2020, when Georgia received $15.2 million from international visitors.

TOP-8 countries (country groups) with largest amount of money spending in Georgia (Jan. through Oct. 2021):

Ukraine – $146.5 million;

Russia – $120.4 million;

Turkey – $93.5 million;

Israel – $65.8 million;

Azerbaijan – $33.5 million;

Armenia – $20.5 million;

Saudi Arabia – $9.5 million;

Addition: the EU – $144.1 million.

Meanwhile, the number of international visitors to Georgia from January through October 2021 amounted to 1.5 million visitors, which is a decrease of 7.7 percent, compared to 1.6 million over the same period of 2020.

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