Georgia Attracts $417.3 mln in FDIs in Q3 of 2019

Foreign direct investments (FDI) in Georgia amounted to $417.3 million in Q3 of 2019  which is a 13.7 %  increase compared to the same period of last year, the latest preliminary data from the National Statistics Office of Georgia (Geostat) shows.

FDIs in Georgia in 2017-2019 (Million US Dollars)

The top three countries that invested the most in Georgia in Q3 of 2019 were:

• The United Kingdom - 18.8%
• Netherlands - 16.4%
• Turkey – 10.3%

FDIs by major economic sectors were the following:

• Financial sector - $96 million
• Manufacturing sector - $49.3 million
• Hotels and restaurants - $45.7 million

The share of FDIs in these three major economic sectors reached 45.7% in Q3 of 2019.

By Ana Dumbadze 

Photo source: Geostat