Money Spent by Tourists in Georgia Reaches $431mln in July 2018

The National Bank of Georgia has published results of an ongoing macroeconomic overview of Georgia. According to the statistics, in July 2018, tourists in Georgia spent a total of $431mln. The data clearly shows a 13.7% increase in the money spent by tourists compared to July 2017. In July 2017, visitors spent only $379mln.

Until recently, Georgia had never received an inflow of more than $400mln per month from the tourism sector.

Observing the general data from January-June 2018, the amount spent by foreign visitors equalled $792mln.

It is also noteworthy that the amount of visitors in July 2018 reached one million, a 10% increase compared to the same period of 2017.

By Anna Zhvania

Source: National Bank of Georgia