According to the countries, the most investments worth $239.6 million were made in Georgia from the Netherlands. The volume of investments from this country has increased by 630%. Japan ranks 2nd with an investment flow of $63 million; FDI from this country has increased by 700% in the first quarter.
Countries from which the most FDI inflowed in the first quarter:
1. The Netherlands - $239.6 million, an increase of 630% compared to the previous year
2. Japan - $63.2 million, an increase of 700% compared to the previous year
3. The USA - $54.7 million, an increase of 70% compared to the previous year
4. Turkey - $47 million, a decrease of 28% compared to the previous year 
5. Russia - $28.2 million, a decrease of 11% compared to the previous year
6. Marshall Islands - $23.7 million, an increase of 30% compared to the previous year
7. Kazakhstan - $20 million, an increase of 953% compared to the previous year
8. China - $19.9 million, a decrease of 46% compared to the previous year
9. Denmark - $11.1 million, an increase of 28% compared to the previous year
10. Switzerland - $10.3 million, an increase of 39% compared to the previous year.
Among the incoming FDI, there were $300 million in equity investments, $190 million in reinvestments, and $7 million in debt write-offs. 
In the first quarter of 2023, the largest direct foreign investment was made in the processing industry sector and amounted to $226.3 million, which is 45.6 percent of the total foreign direct investments. The second place is occupied by the trade sector – with $90.7 million (18.3 percent), and the third place – by the transport sector with $43.3 million (8.7 percent).