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Tourism’s Total Contribution to GDP Growing in Georgia

According to the Prime-Minister of Georgia Giorgi Kvirikashvili, in 2015 the share of tourism in Georgia’s GDP has grown in comparison with 2014, although the growth potential of this sector is still large.

“Over the past 5 months we have seen a record increase in the number of tourists and foreign visitors. As of May 2016, this figure increased by 14% compared to the same period of 2015. As for foreign nationals staying in Georgia for more than 24 hours, theie  number grew by 24%, “- the head of government said.

In Kvirikashvili’s words, this is a very positive factor  and most importantly, the growth was  recorded not only due to visitors from the former Soviet Union.

“There is a growing number of tourists not only from the countries of the former USSR, which are our traditional partners in this area, but also from the European Union. This is a very good indicator, “- the PM noted.

According to him, the income from the tourist industry in 2015 amounted to  $ 1.94 billion that  is 8.3% more than in the same period of 2014.

“The share of tourism in GDP rose by  16.2%, and reached  6.8%. However, the growth potential still remains, “- Giorgi Kvirikashvili concluded.