Foreign Direct Investments down by 24 percent 
Foreign Direct Investments down by 24 percent 

The foreign direct investments (FDI) in Georgia amounted to USD 1 594.7 million in 2023 (preliminary data), down 24.0 percent from the adjusted data of 2022. A decrease in debt instruments is considered to be the main reason for the reduction of FDI, the National Statistic Service (GeoStat) reported.

As for the foreign direct investments by components, the equity capital totaling USD 1 173.1 million, 68.3 percent higher than the adjusted data of the previous year. The volume of reinvestment totaling USD 1 279.1 million, 7.2 percent down than the adjusted data of the previous year.

The share of the three largest investor countries in the total volume of foreign direct investment, in 2023 (preliminary data), amounted to 57.8 percent. The percentage structure of the same indicator in 2023 is shown in chart №3. The shares of major foreign direct investor countries in FDI stand as follows: The United Kingdom (24.6 percent), Netherlands (22.6 percent) and Türkiye (10.6 percent).

The share of three major economic sectors in FDI reached 66.5 percent in 2023. The largest share of FDI was registered in the financial and insurance activities sector, totaling USD 630.1 million (39.5 percent), manufacturing was the second with USD 291.7 million (18.3 percent), followed by transport sector with USD 138.2 million (8.7 percent).