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Georgia reveals amount of foreign direct investment inflow in 2021

Georgia Materials 11 March 2022 11:58 (UTC +04:00)
Georgia reveals amount of foreign direct investment inflow in 2021
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, Mar. 11

Trend:

The foreign direct investments (FDIs) in Georgia in 2021 amounted to $1.1 billion, which is a 2-times increase, compared to 2020 ($572 million), Trend reports via the National Statistics Office (Geostat).

In particular, the FDIs in Georgia in the fourth quarter of 2021 amounted to $411.3 million, which is an increase of 35.3 percent, compared to the third quarter of 2021 ($303.8 million).

Meanwhile, the re-investments in total FDIs in Georgia in 2021 amounted to $760.5 million, which is an increase of 51.9 percent, compared to $500.5 million over 2020.

However, the share of the re-investments in total FDIs decreased, compared to 2020 (87.5 percent) in the reporting period, and accounted for 66 percent.

According to the report, the largest investors in Georgia in 2021 were the UK ($596.6 million), the Netherlands ($125.9 million), and Czech Republic ($81.8 million).

In terms of the economic sectors, the main investments were attracted in the financial sector ($443.3 million), the entertainment sector ($230.5 million), and the energy sector ($157 million).

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