As per preliminary data from the National Statistics Service, foreign direct investment in Georgia totalled $197.7 million in the third quarter of 2024. This represents a 55.2% decrease compared to the revised figure of $440.9 million for the third quarter of 2023.
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Geostat clarifies that the decline in foreign direct investment is attributed to a decrease in equity capital and reinvestment rates. The low level of foreign direct investment is also linked to a reduction in liabilities to investors.
In the third quarter of 2024, equity capital amounted to $131.2 million, accounting for 66.4% of total foreign direct investment. Reinvestment decreased by 13.6% compared to the same period in the previous year, totalling $358.4 million.
Regarding foreign direct investment in Georgia, the Netherlands ranked first with $60.2 million, representing 30.4% of total investment. Malta came second with $58.3 million (29.5%), and the United Kingdom ranked third with $55 million (27.8%). Together, these three countries accounted for 87.7% of the total investment volume.
The largest share of foreign direct investment in the third quarter of 2024 was directed to the manufacturing sector, amounting to $63.6 million, which is 32.2% of the total. The energy sector ranked second with $43 million (21.8%), followed by the trade sector with $32.1 million (16.2%). According to Geostat, the three largest sectors combined accounted for 70.2% of total foreign direct investment.
