According to preliminary data, foreign direct investment (FDI) in Georgia during the third quarter of 2024 totaled USD 197.7 million, marking a 55.2 percent decrease compared to the adjusted figures for the same period in 2023. This decline is attributed to a reduction in share capital and reinvestment rates, as well as a general decrease in investor commitment.
As per the results published by the National Statistics Office of Georgia, the share capital in the third quarter of 2024 amounted to USD 131.2 million, representing 66.4 percent of the total FDI. Reinvestment decreased by 13.6 percent compared to the previous year, totaling USD 358.4 million.
The Netherlands was the largest source of FDI in Georgia during this period, contributing USD 60.2 million (30.4 percent of the total), followed by Malta with USD 58.3 million (29.5 percent), and the combined third position, with USD 55.0 million (27.8 percent). Together, these three countries accounted for 87.7 percent of the total FDI volume.
In terms of sectoral distribution, the processing industry received the largest share of FDI in the third quarter of 2024, totaling USD 63.6 million (32.2 percent of the total). The energy sector followed with USD 43.0 million (21.8 percent), and the trade sector ranked third with USD 32.1 million (16.2 percent). The combined share of these three sectors accounted for 70.2 percent of total foreign direct investments.
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One US dollar trades at GEL 2.8834
24/01/2025