14 October 2024,   03:36
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The foreign direct investments in Georgia amounted to USD 574.3 million in Q2 2024 - preliminary data of GeoStat

The foreign direct investments (FDI) in Georgia amounted to USD 574.3 million in Q2 2024 (preliminary data), up by 10.3 percent from the adjusted data of Q2 2023. Increase in equity and debt instruments is the main reason for the growth of FDI, reads the report of GeoStat.

Equity amounted to USD 101.0 million in Q2 2024, which is 17.6 percent of the total foreign direct investment. Reinvestment amounted to USD 451.3 million and the share of reinvestment is 78.6% of total FDI.

The United Kingdom reaching USD 266.7 million in Q2 2024 (46.4%) was the major foreign direct investor country. Japan was the 2nd with USD 59.2 million (10.3%), followed by Malta with USD 37.9 million (6.6%).

The share of the 3 largest investor countries is 63.3% of the total investment. The largest share of FDI was registered in the financial and insurance activities sector, reaching USD 300.1 million (52.3%) in Q2 2024, trade sector was the second with USD 79.2 million (13.8%), followed by the manufacturing sector with USD 55.5 million (9.7%). The share of the 3 largest sectors is 75.7% of the total investment.

The statistical data will be revised according to Geostat’s revision policy (based on the regular revision principle) as a result of adjusting data by respondents/administrative sources.

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