Last year, foreign investment in Ukraine decreased by 25%, despite the government’s expectation of a 20% increase.

Ukraine’s inflow of foreign direct investment (FDI) in 2024 reached $3.33B, which is 25% ($1.16B) lower than 2023’s figure, as noted by Danylo Hetmantsev, the head of the Verkhovna Rada Committee on Finance. Concurrently, a significant portion (71.6%) of foreign direct investment originated from the reinvestment of earnings earned by foreign investors in Ukraine ($2.38B). However, compared to 2023 this amount decreased by 30% (-$1.02B).

“The decrease is likely due to the easing of currency restrictions on cross-border transfers by the NBU,” Hetmantsev explained.

Additionally, according to his data, the volume of accumulated FDI (stock) declined by 0.7% ($0.38B) last year to $54.57B. This represents a 17% drop from the year preceding the full-scale war (2021 – $65.75B).

Furthermore, it is important to note that the Ukraine’s 2023 volume of FDI was $4.2B, and the government anticipated a 20% increase in 2024.