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Georgia generates USD 1,101.8m in Q2 travel revenue - NBG

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According to data released by the National Bank of Georgia, the country generated USD 1,101.8 million in revenue from international travel during the second quarter of 2026, marking a 3.8% decline compared to the same period last year. The Bank further noted that total travel revenues for the first two quarters of the year combined reached USD 1,931.7 million.

“In the second quarter of 2026, the share of European Union countries in international travel revenue stood at 17.7%, amounting to USD 194.9 million, a 12.1% increase compared to the same period last year,” the National Bank of Georgia stated.

According to the statistics, revenues from Azerbaijan, Ukraine, and Armenia saw upward trends, growing year-on-year by 10.3%, 49.8%, and 5.6% to reach USD 59.5 million, USD 53.7 million, and USD 39.9 million, respectively.

Conversely, against the backdrop of the ongoing war in the Middle East, travel revenues from Israel and Iran fell year-on-year by 3.0% and 65.1%, dropping to USD 123.8 million and USD 10.2 million, respectively.

Breakdown of international travel revenue by country (Q2 2026):

European Union – USD 194.9 million;
Russia – USD 182.8 million;
Turkey – USD 134.9 million;
Israel – USD 123.8 million;
Azerbaijan – USD 59.5 million;
Ukraine – USD 53.7 million;
Armenia – USD 39.9 million;
Belarus – USD 23.4 million;
Saudi Arabia – USD 11.5 million;
Iran – USD 10.2 million;
Other Countries – USD 267.2 million.

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Economy
image Economic growth has accelerated beyond last year’s pace, driven by reforms and anti-corruption measures - PM

14.09.2026.22:00

“The pace of economic growth has accelerated even compared to last year, which is a direct outcome of the reforms and structural changes implemented over the past year and a half, including measures aimed at eradicating corruption,” stated Prime Minister Irakli Kobakhidze while speaking to journalists.

The Prime Minister commented on recent figures from the National Statistics Office of Georgia (Geostat), which recorded record-high figures across several segments of the transport sector during the first eight months of 2026.

“Overall, we are seeing positive economic trends, but I also wish to highlight that within this specific sector, we implemented a series of crucial changes across all areas falling under the Ministry of Economy. These measures have yielded tangible results, including substantial strides taken towards eradicating corruption.

Even in comparison with last year, we have achieved an accelerated rate of economic growth. Last year we closed with a growth figure of 7.5%, whereas current average growth stands at 7.9% at a time when, by all standard logic, this year’s figure ought to have been lower than the last. Generally, as the statistical base expands, the subsequent year’s growth rate logically moderates. Furthermore, if we look across neighbouring countries in the region, economic expansion has slowed down. In our case, the pace of economic growth has accelerated even compared to last year. This, I believe, is the direct result of the reforms and changes carried out over the past year and a half, including in the field of eradicating corruption,” Kobakhidze stated.

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