Ukraine’s investment attractiveness index increased to 2.49 points in 2024 (out of a possible five) from 2.44 points in 2023, according to a survey by the EBA, in which 80 top managers of international and domestic companies participated.
The number of managers who consider the investment climate in Ukraine unfavorable has decreased from 84% last year to the current 79%. Among them, 20% consider it extremely unfavorable (53% in 2022). 12% rate the current investment climate as neutral (7% last year), and 9% consider it favorable.
From last year’s 57% to the current 70%, the number of companies that plan to continue investing has increased despite the war. In the next six months, 49% expect further deterioration of Ukraine’s investment climate, 33% expect no changes, and 18% hope for improvement.
War, corruption, and attacks on the Ukrainian energy system have the most significant negative impact on the investment climate.
Among the factors of positive influence are business notes granting Ukraine EU accession candidate status, cancellation of customs duties and quotas for Ukrainian exports, digitalization of public services, and joining the EU’s unified energy system.