Analysis

FDI growth in Ukraine accelerates in first half of 2019

The State Statistics Service of Ukraine has announced that foreign direct investment in the Ukrainian economy grew by 840 million US dollars to 33.7 billion US dollars in equity capital during the first six months of 2019, a 2.6 per cent increase compared with the corresponding period of last year.

The highest share of foreign investment (318.5 million US dollars) went to the financial and insurance sector, followed by the extraction and processing industries (185 and 114 million US dollars).

Cyprus remained the leading investor, followed by the Netherlands, Russia and Switzerland.

Meanwhile, capital investment grew by 13 per cent during the January-June period, amounting to 234 billion hryvnias (close to 1.3 billion US dollars).