Jan-Sept. 2015 FDI USD 1 bln – Preliminary Data

FDI figures in million U.S. dollars per quarter in 2013-2015. *2015 – preliminary data. Source: Geostat

Foreign direct investment in Georgia declined 17.2% year-on-year in the first nine months of 2015 to slightly over USD 1 billion, according to preliminary data released by the state statistics office on December 9.

FDI in the third quarter of this year stood at USD 489 million, down by 32.6% compared to the same period of last year and up by 37.7% compared to the previous quarter of this year.

After falling by more than 43% y/y in the first quarter of 2015 to USD 175 million, FDI increased to USD 355 million in the second quarter, up by 81.1% compared to the same period of last year, according to preliminary data.
 
Like in first two quarters of this year, transport and communications continued to attract most of the FDI in the third quarter of 2015 – USD 218 million.

It was followed by financial sector with USD 73 million in July-September 2015; construction sector – USD 63 million; manufacturing – USD 33 million; real estate and energy sectors with USD 22 million each; mining – USD 13 million; agriculture – USD 12 million; hotels and restaurants – USD 10 million.

Most of the FDI came from Azerbaijan in the third quarter of this year – USD 173 million, followed by companies registered in the Netherlands – USD 55 million; Turkey – USD 43 million; the UK – USD 41; China – USD 40 million; Luxembourg – USD 31; the U.S. – USD 14 million; the Czech Republic – USD 13 million; Russia – USD 9 million.

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