Georgia generates USD 1,101.8m in Q2 travel revenue - NBG
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.
Most Read
Other News
Five leading commercial banks to transform their treasury infrastructure using Nasdaq Calypso system - NBG
21.07.2026.19:29
Five leading Georgian commercial banks, Bank of Georgia, TBC Bank, Liberty Bank, Terabank and Basisbank, will transform their treasury infrastructure using the Nasdaq Calypso system, an internationally recognised platform, the National Bank of Georgia (NBG) announced.
According to the NBG, Nasdaq is announcing this development to the public via a banner displayed in New York’s Times Square.
The NBG further stated that the Nasdaq Calypso shared platform is being implemented with the support of the National Bank of Georgia and under the auspices of the Georgian Financial Markets Treasury Association, providing the reliable, world-class infrastructure needed to foster the further growth of the banking sector.
“This initiative, which is being implemented within the framework of the “Georgia Financial Markets Development Program” (GMAP) and coordinated by the Georgia Financial Markets Treasury Association (GFMTA), represents a significant milestone in the development of Georgia’s financial markets.
The partnership with Nasdaq represents another important milestone in the transformation of Georgia’s commercial banks and will support their integration into the global banking system,” the NBG said.
Passenger traffic at Georgia’s international airports reaches 3.6 million in first half of 2026
21.07.2026.19:29
Georgia's economy grew by 9.3% over past 5 years thanks to Government’s economic policy - Georgian Gov’t Administration Head
21.07.2026.19:25
Georgia’s industrial producer price index surges by 5.9% year-on-year in June l Geostat
20.07.2026.20:06
Georgia’s attractive business climate drives record-breaking domestic exports in June - Deputy Economy Minister
20.07.2026.20:02
Georgian Economy Minister says Shanghai-Tbilisi flights highlight growing Georgia-China economic ties
20.07.2026.19:59
Minister of Economy attends World AI conference in Shanghai, opened by Chinese President Xi Jinping
17.07.2026.17:54
