Foreign direct investments (FDI) in Georgia amounted to $302.6 million in the third quarter of 2020, down 23.6% from the adjusted data of the same quarter of 2019 and up 25.2% from the preliminary data of Q2 2020, show the latest data of the National Statistics Office of Georgia (Geostat).
The decline of FDI figures in Q3 2020 was mainly driven by a decrease in the hotel and restaurant (- $28 million), transport (- $21 million) and real estate (- $16 million) sectors", said Geostat.
The top three countries that invested the most in the third quarter of 2020 were:
The largest share of FDI was registered in the financial sector, reaching $128.3 million in 2020 Q3, the energy sector was the second with $37.1 million, followed by the manufacturing sector with $36.6 million.