UK, Turkey, Ireland - Georgia’s top investing countries in 2019

The United Kingdom, Turkey and Ireland were the countries that invested the most heavily in Georgia in 2019, show the preliminary data published by the National Statistics Office of Georgia.

In total, foreign direct investments (FDI) in Georgia amounted to $1.26 billion in 2019, up 0.2 per cent from the same period of the previous year.

The share of FDIs by major foreign direct investor countries are as follows:

1. The United Kingdom (19.5%)
2. Turkey (18.7%)
3. Ireland (10.5%)

Major investor countries by 2019 (million US dollars). Image: Geostat.

The share of FDIs by the three largest economic sectors reached 48.4 per cent in 2019, allocated in:

• Financial sector, reaching $261.8 million
• Energy sector, reaching $193.9 million
• Hotels and restaurants sector, reaching $157.5 million

Adjusted data will be published on  August 17, 2020, said Geostat.