Ukraine attracted $55.8B in direct foreign investment in the first quarter.

As reported by the Ministry of Economy with reference to the National Bank of Ukraine, the volume of direct foreign investments in the economy of Ukraine (residuals) (equity instruments and debt instruments) as of March 31, 2024 amounted to $55.78B.

The largest volumes of direct investment are directed to industrial enterprises – 38.9%, and institutions and organizations engaged in wholesale and retail trade and repair of motor vehicles and motorcycles – 17%.

The main investor countries include Cyprus – 31.6%, the Netherlands – 20.8%, Switzerland – 4.2%, the UK – 4.8%, Germany – 4.3%, Austria – 3.5%, Luxembourg – 2.7% and France – 2.6%.

So, as summarized by the agency, despite the unprecedented losses and trials due to the war, Ukraine managed to maintain relative macroeconomic and price stability, as well as to overcome the large-scale shutdown of production and the consequences stemming from the outflow of labor resources caused by Ukrainians moving to safe places.