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FDI Down By 24% In 2023 Y-O-Y

დოლარი ლარი ფული

The foreign direct investments (FDI) in Georgia amounted to USD 1 594.7 million in 2023, down 24% from the adjusted data of 2022. Decrease in debt instruments is considered to be the main reason for the reduction of FDI, - according to the preliminary data published by the National Statistics Office of Georgia (Geostat).

As for the foreign direct investments by components, the equity capital totaling USD 1 173.1 million, 68.3% higher than the adjusted data of the previous year. The volume of reinvestment totaling USD 1 279.1 million, 7.2 percent down than the adjusted data of the previous year.

The share of the three largest investor countries in the total volume of foreign direct investment, in 2023 (preliminary data), amounted to 57.8 percent.

The shares of major foreign direct investor countries in FDI stand as follows: The United Kingdom (24.6 percent), Netherlands (22.6 percent) and Türkiye (10.6 percent).

The share of three major economic sectors in FDI reached 66.5 percent in 2023. The largest share of FDI was registered in the financial and insurance activities sector, totaling USD 630.1 million (39.5 percent), manufacturing was the second with USD 291.7 million (18.3 percent), followed by transport sector with USD 138.2 million (8.7 percent).

Foreign direct investments (FDI) in Georgia amounted to USD 206.5 million in Q4 2023 (preliminary data).

The United Kingdom reaching USD 203.7 million in Q4 2023 (98.6 percent) was the major foreign direct investor country, Azerbaijan was the second with USD 35.6 million (17.2 percent) followed by the United States with USD 30.2 (14.6 percent).

The largest share of FDI was registered in the financial and insurance activities sector, reaching USD 288.2 million in Q4 2023. Transport sector was the second with USD 22.9 million (11.1 percent), followed by the real estate activities sector with USD 22.8 million (11.1 percent).