Home / Economy / Revenues from Tourism Sector Rose by 48 million GEL in Q1
Georgia tourism

Revenues from Tourism Sector Rose by 48 million GEL in Q1

Quantity of international visitors in January to July made up 3 400 35 persons, up 10.6% compared to the same period of 2015 and this is an unprecedented big figure. The number of touristic visits made up 1 401 914 ones, up 208 436 compared to the same period of 2015.

According to the tourism administration, in January-July 2016 the major quantity of visits were recorded from Azerbaijan (+15.1%), Turkey (+1.6%), Armenia (-0.8%), Russia (10.3%) and Ukraine (+24.3%).

Record visitors were registered in July too – 764 022 international visitors, up 26 124 compared to the same period of 2015 (+3.5%).

Total Revenues from the tourism sector in 2016 made up 1.94 billion USD (+8.3%), up 149 million GEL year on year.

According to the indicator of the first quarter of 2016, revenues from foreign tourism made up 354.5 million USD (+15.7), up 48 million USD compared to the same period of 2015.

The ratio of the tourism sector in GDP makes up 6.7%, according to the 2015 total indicators. The year on year growth made up +16.2%.

In the first quarter of 2016 the tourism sector ratio in GDP was 6.8% and the year on year growth made up +11.5%.