The foreign direct investments (FDI) in Georgia amounted to USD 201.4 million in Q1 2024 (preliminary data), down 64.4 percent from the preliminary data of Q1 2023. Decreasing in equity, reinvestment and debt instruments is considered to be the main reason for the reduction of FDI, - according to the preliminarydata from the National Statistics Office of Georgia (Geostat).
According to the document, the Türkiye reaching USD 42.4 million in Q1 2024 (21.0 percent) was the major foreign direct investor country. Czech Republic was the second with USD 41.5 million (20.6 percent), followed by the United states with USD 33.7 million (16.7 percent). The share of the 5 largest investor countries is 85.5 percent of the total investment.
The largest share of FDI was registered in the energy sector, reaching USD 78.7 million (39.1 percent) in Q1 2024, trade sector was the second with USD 39.5 million (19.6 percent), followed by the transport sector with USD 38.8 million (19.3 percent).
