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Tourism sector Tourism revenues to GDP Sources: NBG, Geostat 3600 US$ million 3.8 3.5 3.1 3.0 3 2.5 2.5 2.5 2 Tourism inflows, US$ mn, LHS Arrivals to country's population, 2017 4 Source: WDI Source: WDI 18% 18% 17% 20% 1496 1600 3100 13% 14% 1310 1400 2600 15% 10% 10% 1200 2100 9% 1000 1600 6% 10% 800 1100 600 100 600 5% 400 0% 200 2011 2012 2013 2014 2015 0 Spending per arrival, 2017 Tourism revenues, % of GDP Hungary Azerbaijan Cyprus 900 Thousands 700 500 364 258 1.7 1.7 1.6 1.3 1.0 1.0 0.9 1.5 1 0.5 0 Croatia Cyprus Montenegro Greece Estonia Georgia Albania Slovenia Bulgaria Latvia Czech Republic Lithuania Hungary Armenia Poland Turkey Ukraine Azerbaijan 300 0.6 0.5 0.5 0.5 0.3 0.2 100 Jan Feb Mar Apr May Jun 2017 Turkey Slovenia Poland Armenia Number of Tourists (overnight visitors) Source: GNTA In March 2020, the number of tourists fell 2.2 times y-o-y, with borders closed and expected to remain so in the near future Czech Republic Croatia Greece Estonia Lithuania Montenegro Latvia 857 848 823 771 763 757 714 692 661 629 591 555 527 458 441 Bulgaria Georgia Albania Ukraine GEORGIA CAPITAL 140 Jul Aug Sep Oct Nov Dec 2020 2019 2018 Page 70

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