In 5 years Georgia’s FDI volumes amounted to $6.6 billion ( 3 quarters of 2023), remittances from abroad stood at $13.5 billion.
According to the latest statistics, in the third quarter of 2022, foreign investments worth $1.3 billion were poured into Georgia, while remittances reached $2.2 billion.
In the third quarter of 2023, investments amounted to $316 million that is 61.5% less than in the same period of last year. In the reporting period, remittances declined by 15.1%, transfers in the third quarter amounted to $871.9 million.
It’s worth mentioning that over 5 years, the volume of transfers exceeded investment volumes by 6.8 billion.
Money transfers 2019-2023:
2019 – $1.733 billion
2020 - $1.885 billion
2021 – $2.349 billion
2022 - $4.372 billion
Q3 2023 - 3.239 billion.
Foreign direct investment 2019-2023:
2019 – $1.354 billion
2020 - $595.3 million
2021 - $1.252 billion
2022 - $2.098 billion
Q3 2023 - 1.388 billion US dollars.
