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
|
