Editing Economy of Georgia (country) (section)

== Foreign direct investment in Georgia ==

Large inflows of [[Foreign direct investment]] (FDI) have been a driving factor behind a rapid economic growth in Georgia since 2003.<ref>{{cite web
 | publisher= [[IMF]]
 | title = Statement at the Conclusion of an IMF Mission to Georgia
 | url= http://www.imf.org/external/np/sec/pr/2007/pr07190.htm
 | date = 2007-09-13
 | access-date=2008-09-22}}
</ref>

An attractive and [[Liberalism|liberal]] investment environment and equal approach to local and foreign [[investor]]s makes the country an attractive destination for [[Foreign direct investment|FDI]].

Stable economic development, liberal and [[free market]] oriented economic policy, 6 taxes only and reduced tax rates, reduced number of licenses and permissions, dramatically simplified administrative procedures, preferential trade regimes with foreign countries, advantageous geographic location, well-developed, integrated and multimodal [[transport infrastructure]],  educated, skilled and competitive [[workforce]] presents a solid ground for successful business in Georgia. In addition to other advantages, Georgia has Free Industrial Zones, where companies are exempt from all the corporate taxes.<ref name="pbservices.ge">{{cite web|url=https://pbservices.ge/free-zones-in-georgia/|title=PB SERVICES|access-date=15 July 2020}}</ref>

From 2003 to 2011, [[Foreign direct investment|FDI]] in [[Georgia (country)|Georgia]] amounted to US$8511.5 million. The highest volume of FDI – 2,015.0 million USD was reached in 2007, with 69.3% yearly growth.<ref name="geostat.ge">{{cite web|url=http://www.geostat.ge/index.php?action=page&p_id=140&lang=eng|title=GeoStat.Ge|access-date=3 March 2015}}</ref> High rate of investment was maintained until 2008. In 2007, the EC27 accounted for over 56% of FDI inflows and in 2008 the EC, UAE, and Turkey accounted for nearly 60%.<ref>{{cite web|url=https://www.wto.org/english/tratop_e/tpr_e/s224-00_e.doc|title=Economic environment of Georgia (Country)|access-date=4 March 2019}}</ref> In 2009, FDI inflows were characterized by decreasing trend. The main reasons of decreasing were external shocks – [[2008 South Ossetia war|Russian-Georgian war]] and the influences of [[Global financial crisis in September 2008|global financial crisis]].

In the first half of 2017, Armenian Investments to Georgia nearly doubled year-on-year to $5.6 million, while investments from Azerbaijan dropped by 20.3% year-on-year to the overall $224.18 million.<ref>{{Cite web |title=Direct investments from Armenia in Georgia double in six months |url=http://arka.am/en/news/business/direct_investments_from_armenia_to_georgia_double_in_six_months_/ |access-date=2022-12-08 |website=arka.am}}</ref>

• In 2009–2011 the largest share of [[Foreign direct investment|FDI]] felt on Industry sector (31.2) amounted to US$765 million, [[real estate]] sector (15.8%) amounting to US$389 million.<ref name="geostat.ge"/>

The table below shows [[FDI stock]] as a percentage of GDP in selected [[Former Soviet Union|FSU]] countries.<ref>{{cite web|url=http://www.unctad.org/en/Pages/DIAE/World%20Investment%20Report/Country-Fact-Sheets.aspx|title=unctad.org – Country Fact Sheets 2014|access-date=3 March 2015|archive-date=5 October 2020|archive-url=https://web.archive.org/web/20201005085601/https://unctad.org/en/Pages/DIAE/World%20Investment%20Report/Country-Fact-Sheets.aspx|url-status=dead}}</ref> For statistical purposes, [[Foreign direct investment|FDI]] is defined as a foreign company owning 10% or more of the ordinary shares of an [[Incorporation (business)|incorporated]] firm or its equivalent for an unincorporated firm.<ref>International Monetary Fund ([[IMF]]), 1993. Balance of Payments Manual, fifth edition (Washington, DC).</ref>

{| class="wikitable sortable" style="margin-left:100px;margin-right:auto"
|-
! style="width:2em;" | Rank !! Country !! FDI stock as a percentage of [[GDP]] (2010)
|-
|1||{{flag|Estonia}}|| 85,6
|- style="background:#ccf;"
|2||{{flag|Georgia}}|| 67,1
|-
|3||{{flag|Kazakhstan}}|| 61,1
|-
|4||{{flag|Ukraine}}|| 42,5
|-
|5||{{flag|Russian Federation}}|| 28,7
|-
|6||{{flag|Armenia}}||  18,5
|-
|7||{{flag|Belarus}}||  18,3
|}

Foreign direct investment in the country of Georgia by year.

{| class="wikitable sortable" style="margin-left:100px;margin-right:auto"
|-
! Year !! Amount (mln USD)
|-
| 2000 || 131.2
|-
| 2001 || 109.8
|-
| 2002 || 167.3
|-
| 2003 || 340
|-
| 2004 || 499.1
|-
| 2005 || 449.7
|-
| 2006 || 1100
|- style="background:#ccf;"
| 2007 || 2010
|-
| 2008 || 1500
|-
| 2009 || 658.4
|-
| 2010 || 814<ref>[http://www.apsny.ge/2011/eco/1314237644.php Прямые иностранные инвестиции в Грузию в 2010 году составили 814 млн. долларов 24.08.2011] {{Webarchive|url=https://web.archive.org/web/20160324192753/http://www.apsny.ge/2011/eco/1314237644.php |date=2016-03-24 }} Грузия-Online</ref>
|-
| 2011 || 1111<ref name=rbc>[http://www.rbc.ru/rbcfreenews/20120816085319.shtml Прямые иностранные инвестиции в Грузию в 2011г. выросли на 37% 16.08.2012] {{Webarchive|url=https://web.archive.org/web/20160419221750/http://www.rbc.ru/rbcfreenews/20120816085319.shtml |date=2016-04-19}} // RBC.ru</ref>
|-
| 2012 || 865<ref>[http://regnum.ru/news/fd-abroad/1687579.html Грузинская экономика в 2012–2013 годах: цифры и тенденции ] {{webarchive|url=https://web.archive.org/web/20140310040112/http://regnum.ru/news/fd-abroad/1687579.html |date=2014-03-10 }} // ИА REGNUM</ref>
|-
| 2013 || 914 {{Citation needed|date=January 2021}}
|- style="background:#ccf;"
| 2014 || 1750 <ref>{{Cite web|url=http://www.apsny.ge/2015/eco/1439852233.php|title = Прямые иностранные инвестиции в 2014 г. составили 1,75 млрд. долларов США}}</ref>
|-
| 2015 || 1564 <ref>{{Cite web|url=http://www.apsny.ge/2016/eco/1471308614.php|title = Прямые иностранные инвестиции в Грузию в 2015 году составили 1,564 миллиарда долларов США}}</ref>
|-
| 2016 || 1565.9 <ref>{{Cite web|url=https://regnum.ru/news/2310886.html|title = Прямые иностранные инвестиции в Грузию в 2016 году выросли на 0,1%}}</ref>
|-
| 2017 || 751 (January–June) <ref>{{Cite web|url=https://regnum.ru/news/2319658.html|title = Прямые иностранные инвестиции в Грузию уменьшились}}</ref>
|}