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:
- trade – $747M
- mining industry – $640M
- financial sector – $550M
- processing industry – $420M, of which 66% is FDI in the food industry
- 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.