SOCIETY
09.06.23 17:30
According to the National Statistics Office of Georgia, the foreign direct investments (FDI) in Georgia amounted to USD 496.6 million in Q1 2023 (preliminary data), down 13.7 percent from the preliminary data of Q1 2022 and up 53.3 percent from the data of Q4 2022.
Equity up 17.0 percent from the preliminary data of Q1 2022 and amounted to USD 300.2 million which is 60.5 percent of the total foreign direct investment and reinvestment amounted to USD 189.6 million. The share of reinvestment is 38.2 percent of total FDI.
The Netherlands reaching USD 239.6 million in Q1 2023 (48.2 percent) was the major foreign direct investor country, Japan was the second with USD 63.2 million (12.7 percent), followed by the United states with USD 54.7 million (11.0 percent). The share of the 5 largest investor countries is 87.1 percent of the total investment.
The largest share of FDI was registered in the manufacturing sector, reaching USD 226.3 million (45.6 percent) in Q1 2023, trade sector was the second with USD 90.7 million (18.3 percent), followed by the transport sector with USD 43.3 million (8.7 percent).
source: IPN
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