The Netherlands, Japan and the United States were top three in the first quarter of this year with foreign direct investments in Georgia, the country’s statistics office said on Friday, adding the total amount of FDI in the reported period hit $496.6 million.
The figures marked a 13.7% decrease compared to the same period of the previous year, and 53.3% increase compared to the date of Q4 of 2022, the agency siad.
The amount of FDI from top 10 in Q1 is as follows:
The Netherlands - $239.6 million - increased by 630% compared to the previous year.
Japan - $63.2 million - increased by 700%.
USA - $54.7 million - increased by 70%.
Turkey - $47 million dollars - decreased by 28%.
Russia - $28.2 million - increased by 11 million dollars.
Marshall Islands - $23.7 million, increased by 30%.
Kazakhstan - $20 million - increased by 953%.
China - $19.9 million - decreased by 46%.
Denmark - $11.1 million - increased by 28%.
Switzerland - $10.3 million - increased by 39%.