Tbilisi (GBC) – In the third quarter of 2026, Georgia generated over $1.86 billion in revenue from travel, an 11.9% increase compared to the same period of the previous year.

Over the first three quarters combined, the country recorded nearly $3.8 billion in revenue, representing a 4.4% year-on-year growth. This information was released by the National Bank of Georgia (NBG).

According to NBG data, EU countries accounted for 16.6% of total revenue from international travel in the third quarter of 2026, amounting to $310.2 million - a 30.2% increase compared to the same period last year.

Statistics indicate growth in revenue from Russia, Israel, Azerbaijan, and Ukraine, with year-on-year increases of 32.3%, 24.8%, 18.6%, and 52.5%, respectively, reaching $334.2 million, $234.9 million, $78.8 million, and $68.4 million. Against the backdrop of war in the Middle East, travel-related revenues from Iran and Saudi Arabia have declined by 21.3% and 31.9% year-on-year, falling to 33.8 million USD and 58.5 million USD, respectively.

In the third quarter of 2026, Georgia’s travel-related revenues, broken down by country, are distributed as follows:

Revenue from international travel, million USD

3Q26

Azerbaijan

78.8

Belarus

44.4

Turkey

173.2

Iran

33.8

Israel

234.9

Russia

334.2

Saudi Arabia

58.5

Armenia

66.4

Ukraine

68.4

EU

310.2

Other Countries

461.5