Geostat: the volume of direct foreign investments in the second quarter amounted to 574.3 million US dollars, which is 10.3% more than the adjusted data of the second quarter of last year

According to the preliminary data of "Geostat", the volume of direct foreign investments made in Georgia in the II quarter of 2024 reached 574.3 million. USD, which is 10.3% more than the adjusted data of the II quarter of 2023.

According to their own data, the increase is due to the increase in the rate of two components of direct foreign investments: equity capital and debt obligations.

According to statistics, in the II quarter of 2024, the share capital amounted to 101.0 mln. USD, which is 17.6% of the total foreign direct investments. Reinvestment - 451.3 mln. The US dollar and its share was determined by 78.6%.

"In the second quarter of 2024, the United Kingdom is in first place - 266.7 million. With US dollars, which is 46.4% of total foreign direct investments, Japan is in second place - 59.2 million. with US dollars (10.3 percent), and Malta is third - 37.9 million. in US dollars (6.6 %).

The share of the three largest investor countries is 63.3% of the total volume of investments.

In the II quarter of 2024, the largest foreign direct investment was made in the sector of financial and insurance activities and amounted to 300.1 million. USD, which is 52.3% of the total foreign direct investments. The second place is occupied by the trade sector - 79.2 million. with US dollars (13.8%), and the processing industry sector is on the third place with 55.5 mln. in US dollars (9.7 %). The share of the three largest sectors (in terms of foreign direct investments) amounted to 75.7%", the information says.