"According to preliminary data, the volume of direct foreign investments made in Georgia in the 1st quarter of 2024 amounted to 201.4 million. USD, which is 64.4 percent less than the preliminary data for the 1st quarter of 2023," - the National Statistics Office of Georgia (GEOSTAT) reports. 

The reduction in the investment volume is due to the decrease in the rate of all three components of direct foreign investments (share capital, reinvestment and debt obligations).

According to the GEOSTAT data, in the first quarter of 2024, the highest direct foreign investment in Georgia - 42.4 mln. US dollars were transferred from Turkey, which makes up 21 percent of the total direct foreign investments, the Czech Republic ranks 2nd with $41.5 million (20.6 percent), and the third is the US - with $33.7 million (16.7 percent). The share of the five largest investor countries is 85.5 percent of the total volume of investments.

The key direct investor partners in Georgia in the 1st quarter of 2024 are as follows:

Turkey - $42.4 million;

The Czech Republic - $41.5 million;

The USA - $33.7 million;

The Netherlands - $32.3 million;

Marshall Islands - $22.3 million;

Japan - $19.3 million;

China - $13.9 million;

Azerbaijan - $12.7 million;

Malta - $11.7 million;

Denmark - $10.2 million.