12 August 2022,   15:55
more
Foreign direct investments in Georgia USD 435.7 million higher compared to the last year - GeoStat

The foreign direct investments (FDI) in Georgia amounted to USD 568.2 million in Q1 2022 (preliminary data), USD 435.7 million (4.3 times) higher compared to the preliminary data of Q1 2021. Increase in reinvestment and equity is considered to be the main reason for the growth of FDI, reads the report of National Statistics Office.

Spain reaching USD 196.1 million in Q1 2022 (34.5%) was the major foreign direct investor country, the United Kingdom was the second with USD 87.2 million (15.3%) followed by Turkey with USD 67.1 (11.8%).

The largest share of FDI was registered in the energy sector, reaching USD 236.4 million (41.6%) in Q1 2022, the financial sector was the second with USD 111.1 million (19.5%), followed by the real estate sector with USD 81.3 million (14.3%).

MORE HEADLINES