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Georgia’s income from foreign visitors doubles

Georgia Materials 17 December 2021 11:00 (UTC +04:00)
Georgia’s income from foreign visitors doubles

BAKU, Azerbaijan, Dec. 17

By Maryana Akhmedova – Trend:

Georgia’s total income from foreign visitors from January through November 2021 amounted to more than $1.1 billion, which is an increase of 108.6 percent, compared to $527.2 million over the same period of 2020, Trend reports via the National Bank of Georgia (NBG).

According to the data, the total income in November 2021 amounted to $111 million, which is a decrease of 21.9 percent, compared to $142.3 million in October 2021.

However, the same figure significantly increased by 760.4 percent, compared to November 2020, when Georgia received $12.9 million from international visitors.

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

EU – $157.1 million;

Ukraine – $154.5 million;

Russia – $135.8 million;

Turkey – $107.4 million;

Israel – $106.8 million;

Saudi Arabia – $71.7 million;

Azerbaijan – $38 million;

Armenia – $24.8 million.

Meanwhile, the number of international visitors to Georgia from January through November 2021 amounted to 1.66 million visitors, which is a decrease of 1.6 percent, compared to 1.69 million over the same period of 2020.

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