The National Office of Statistics Geostat) recently published a report revealing that foreign direct investment (FDI) in Georgia dropped to $1.333 billion in 2024, seeing a 29.9% decline compared to the previous year. Such a decrease is mainly associated with the low equity capital inflows and reduced rates of reinvestment.
As a result, this is the second consecutive year of declining FDI, raising concerns about Georgia’s investment climate.
Top Investor Countries and Sectors
The three largest investor countries account for the bulk of 58.2% of the total FDI in Georgia: United Kingdom – 33.6%, Malta – 13.2%, and The Netherlands – 11.4%.
When it comes to sectors, the financial and insurance sector attracted the highest share of investment, receiving $526.5 million—39.5% of total FDI.
Leading Investor Companies
Among the top investors in Georgia in 2024 were:
- IDS Borjomi Georgia & IDS Borjomi Beverages Company (Georgian branch)
- Magticom LLP
- Tbilisi Energy LLP
- JSC Energo-Pro Georgia
- Toyota Caucasus LLP
- Silk Road Group Holding LLC
- IG Development Georgia LLC
- JSC BGEO Group
- Global Beer Georgia LLC
- SOCAR Midstream Operations LLC (Georgian branch)
Georgia faces growing pressure to create a more welcoming environment for foreign investors as its investment figures are declining for the second year in a row.
