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FDI Amounted To USD 2 BLN In 2022 In Georgia

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Natia Taktakishvili
10.03.23 15:00
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The foreign direct investments (FDI) in Georgia amounted to USD 2 billion in 2022 (preliminary data), up 61.1 percent from the adjusted data of 2021.

An increase in equity and reinvestment of earnings is considered to be the main reason for the growth of FDI. Together with compilation of FDI for the current period, data for the 1-3 quarters of 2022 were adjusted according to the Geostat’s revision policy, based on updates from various sources.

The share of the three largest investor countries in the total volume of foreign direct investment, in 2022 (preliminary data), amounted to 48%.

The shares of major foreign direct investor countries in FDI stand as follows: The United Kingdom (21.4%), Spain (18.3%) and the United States (8.2%).

TOP-10 Countries By FDI

1. United Kingdom - USD 428 million;
2. Spain - USD 367 million;
3. USA - USD 164 million;
4. Netherlands - USD 146 million;
5. Ireland - USD 121 million;
6. China - USD 109 million;
7. Turkey - USD 106 million;
8. Czech Republic - USD 86 million;
9. Russia - USD 71 million;
10. Japan - USD 68 million.

The share of three major economic sectors in FDI reached 56.5% in 2022. The largest share of FDI was registered in the financial and insurance activities sector, totaling USD 526.4 million (26.3%), real estate activities was the second with USD 406.9 million (20.3%), followed by the water supply; sewerage sector with USD 197.0 million (9.9%).