Tbilisi (GBC) - According to Galt & Taggart, the impact of the situation in Iran on Georgia’s tourism sector will be minimal. Georgia’s economic relations with Iran are primarily limited to tourism, and revenues from Iranian tourists accounted for only 2.7% of total tourism income in January–September 2025.

Galt & Taggart estimates that this low level of dependency means that any prolonged instability in Iran is unlikely to significantly affect Georgia’s tourism sector.

The investment bank noted that in 2025, revenues from tourism reached $4.6 billion, representing a 4.9% annual increase. For December 2025 alone, tourism revenues grew by 5.3% year-on-year to $280 million.

According to the forecast, tourism revenues in Georgia are expected to reach $4.9 billion in 2026.