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How has the share of reinvestment in total FDI in Georgia changed in recent years?

Geo Economy
BM. GE
15.08.23 11:56
2

The National Statistics Office of Georgia has today published adjusted report on Foreign Direct Investments in Georgia during 2022. Pursuant to the report, FDI in Georgia amounted to USD 2 097.9 million in 2022, which is up 1.7 times from 2021 and up 4.9 percent from the preliminary data of 2022. According to GeoStat, the share of reinvestment in the total volume of foreign direct investments was 65.7 in 2022.

Georgia's Statistics Office provided the share of reinvestments in total FDI during 2016-2022, according to which the lowest reinvestment share has been recorded in 2016 and reached its highest level in 2020. In particular, the share in 2016-2022 was distributed as follows:

2016 - 18.8%
2017 - 31%
2018 - 32.1%
2019 - 47%
2020 - 84.1%
2021 - 61.6%
2022 - 65.7%.

The share of the two largest investor countries in the total volume of foreign direct investments in 2022 reached 38.0 percent in 2022 according to adjusted data.

Major foreign direct investor countries allocated as follows: The United Kingdom 20.8 percent (USD 437.0 million), Spain 17.2 percent (USD 360.5 million) and the Netherlands 9.4 percent (USD 196.2 million).

Share of FDI by two major economic sectors reached 43.1 percent in 2022. The largest share of FDI was allocated in Financial and insurance activities sector, totaling USD 538.0 million (25.6 percent).

The Real estate activities sector was the second with USD 366.5 million (17.5 percent), followed by the Water supply; sewerage sector with USD 197.2 million (9.4 percent). 

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