National Statistics Office of Georgia told their media that Georgia’s FDI (Foreign Direct Investment), reached up to $ 219 million, in the second quarter of 2012.
As reported, This is 7% increase from preliminary data for the same period of the last year and 88% of the revised data for the same period. However, the volume has decreased by 18.6% comparable to the first quarter of 2012 ($ 269 million).
The source informs that the total preliminary data for the first half of 2012 amounted to $ 488 million, which is 29% higher than the preliminary figures for the same period in 2011 and 7% higher than revised data for the same period ($ 458 million).
In April-June 2012, foreign direct investment in the financial sector amounted to USD 18.6 million, which is USD 8.1 million more than in the second quarter of 2011 and USD 43.9 million less than in the first quarter of 2012. The share of the financial sector makes 8% of the total FDI for the second quarter of this year. During the first half of 2012, FDI in the financial sector was USD 81.1 million – USD 46.8 million more than during the same period in 2011 (USD 34.3 million).
Note, in 2010, total FDI in Georgia amounted USD 553.1 million, in 2009 – USD 658.4, in 2008 – USD 1.5 billion, in 2007 – USD 2.01 billion, and in 2006 – USD 1.2 billion.
