According to preliminary data released by the National Statistical Service of Georgia on 10 March, FDI in 2022 will exceed the adjusted data for 2021 by 61.1% and amount to USD 2 billion.
According to Georgian Department of Statistics, the increase is due to the growth of two components of FDI – share capital and reinvestment rate.
In 2022, the UK tops the list in terms of inward investment, with $428.3 million. It is followed by: Spain – with $367 million; the US – with $163.9 million; the Netherlands – with $145.7 million; Ireland – with $120.9 million; China – with $108.5 million; Turkey – with $106.5 million; the Czech Republic – with $86.4 million; Russia – with $71 million; Japan – with $68.7 million; the rest of the world – with $333.1 million.
The largest share of foreign direct investment last year – $526.4 million – came from finance and insurance. This is followed by: real estate – with 406.9 million US dollars; water supply and waste management – with 197 million US dollars; arts, entertainment and recreation – with 173.1 million US dollars; energy – with 149.1 million US dollars and others.
Also Read:
- 09/12/2022 – Q3’22 FDI USD 745.3 Million
- 08/09/2022 – Q2’22 FDI USD 351.8 Million, Up by 9.1%
