In the first half of the year, almost $3B in foreign direct investment came into Ukraine.

Wednesday, October 9, 2024
In the first half of the year, almost $3B in foreign direct investment came into Ukraine.

As reported by the parliament’s financial committee, in the first half of 2024 $2.96B in foreign direct investment (FDI) entered Ukraine. 74% of FDI inflow continues to create reinvested income for foreign investors in Ukraine ($2.2B). This is partly due to restrictions on cross-border transfers, particularly on the withdrawal of dividends. Since May of this year the NBU has somewhat relaxed these regulations as part of a broad package of currency liberalization. Most investment went to the following sectors:

  1. trade – $747M
  2. mining industry – $640M
  3. financial sector – $550M
  4. processing industry – $420M, of which 66% is FDI in the food industry
  5. IT – $180M

As of the end of the second quarter, accumulated FDI amounted to $55.54B. Over the past year and a half, FDI stock has gradually recovered after the decline in the first year of the war. However, the current indicator of accumulated FDI remains significantly (by 15.5%) less than in the last quarter before the full-scale war.

 

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