Real estate was the sector of the country's economy that was most attractive for foreign direct investments in 2024. Despite the decrease in foreign direct investment last year, the volume of FDI invested in real estate increased to USD 155 million. Thus, according to the sectors of the economy, real estate ranks third in terms of the volume of foreign direct investments, with a share of 11.6%. The financial, insurance, and manufacturing industries precede it.
Statistics for the last 5 years are as follows:
2020 - $ 53.7 million;
2021 - $ 44.3 million;
2022 - $ 370.5 million;
2023 - $ 111.2 million;
2024 - $155.3 million;
BM.GE requested information from Geostat on which countries are the largest investors in Georgia's real estate sector. Official statistics show that in 2024, the largest investments in real estate came from the USA and Israel.
TOP-10 Countries By The Investments In The Real Estate Sector:
USA - $37.7 million;
Israel - $32.3 million;
Russia - $17.4 million;
Poland - $11.1 million;
Saudi Arabia - $8.2 million;
Cyprus - $7.1 million;
Turkey - $6 million;
Germany - $5.2 million;
Ukraine - $4.8 million;
Azerbaijan - $4 million.