Foreign direct investments (FDI) in Georgia amounted to $125.4 million in the first quarter of 2021, down 28.3% from the preliminary data of the same quarter of 2020, show the latest data of the National Statistics Office of Georgia (Geostat).
Reduction of the amount of reinvestment and transferring of ownership from non-resident to the resident units in several companies are considered to be the main reasons for the decline of FDI", said Geostat.
The largest share of FDI was registered in the financial sector, reaching $93.9 million (74.9%), the energy sector was the second with $35.5 million (28.3%), followed by the manufacturing sector with $27.9 million (22.2%).