Deputy Minister of Economy and Sustainable Development, Vakhtang Tsintsadze, highlighted Georgia’s economic resilience and enduring appeal to international investors, despite global challenges.
He noted that 2024 brought significant worldwide disruptions, impacting investor confidence.
“Globally, high interest rates persisted throughout 2024, and major economies underwent election cycles. These factors contributed to an 8% decline in global foreign direct investment (FDI). In Europe, FDI dropped by approximately 45%,” Tsintsadze explained.
Despite this, Georgia’s investment landscape remained robust. Total FDI surpassed USD 1.33 billion in 2024, with a notable 25% increase in the fourth quarter, bringing investments to over USD 367 million.
“When considering FDI as a percentage of the national economy, Georgia continues to rank among the global leaders. This resilience, even in the face of global and regional uncertainties, reinforces Georgia’s position as an attractive destination for international investors,” Tsintsadze emphasized.
