15 November 2024,   06:47
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The foreign direct investments (FDI) in Georgia amounted to USD 2 billion in 2022, up 61.1% from the adjusted data of 2021 - GeoStat

The foreign direct investments (FDI) in Georgia amounted to USD 2 billion in 2022 (preliminary data), up 61.1% from the adjusted data of 2021. Increase in equity and reinvestment of earnings is considered to be the main reason for the growth of FDI, reads the report pf GeoStat.

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.

As for the foreign direct investments by components, the equity capital totaling USD 686.3 million, 3.3 times higher than the adjusted data of the previous year. The volume of reinvestment increased by 1.7 times and amounts to USD 1 289 million.

The share of the three largest investor countries in the total volume of foreign direct investment, in 2022 (preliminary data), amounted to 48.0%. The percentage structure of the same indicator in 2022 is shown in chart №3. The shares of major foreign direct investor countries in FDI stand as follows: The United Kingdom (21.4%), Spain (18.3%) and United States (8.2%).

The share of three major economic sectors in FDI reached 56.5 percent 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%).

Foreign direct investments (FDI) in Georgia amounted to USD 324.0 million in Q4 2022 (preliminary data).

The United Kingdom reaching USD 153.6 million in Q4 2022 (47.4%) was the major foreign direct investor country, United States was the second with USD 60.5 million (18.7%) followed by Russia with USD 34.7 (10.7%).

The share of three major economic sectors in FDI reached 93.9% in Q4 2022. The largest share of FDI was registered in the financial and insurance activities sector, reaching USD 197.3 million (60.9%) in Q4 2022, the Information and communication sector was the second with USD 63.9 million (19.7%), followed by the real estate activities sector with USD 42.9 million (13.2%).

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