In 2017, tourism receipts as a share of exports in Georgia was 39.3 %. In the ranking by tourism receipts as a share of exports including 153 countries, Georgia has the 126th rank that is close to the positions of such countries as Bosnia and Herzegovina and the Luxembourg. Compared to Australia which at the top of the ranking with tourism receipts as a share of exports of 14.8 % in 2017, Georgia has 165.12 % percent higher tourism receipts as a share of exports.The description is composed by our digital data assistant.
International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Their share in exports is calculated as a ratio to exports of goods and services, which comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.