20:20 14.08.2014

Hryvnia devaluation in H1, 2014 reduces direct investment in Ukraine by 11.9%

2 min read

Foreign direct investment (FDI) in Ukraine in the form of share capital on July 1, 2014 amounted to $50.02 billion, which is $6.77 billion, or 11.9% less than at the beginning of the year, the State Statistics Service has said.

The service noted that non-residents in January-June this year invested $1.298 billion and at the same time took out $660 million, but the negative exchange rate difference amounted to $7.34 billion.

The service said that data for the first half of 2014, in contrast to the first quarter, do not include those from the occupied territory of Crimea and Sevastopol.

With this in mind, the exact comparison of data for the first and second quarters is difficult but in general we can conclude that the situation with FDI in April-June improved, as in January-March the volume of non-resident investment was estimated at $570.2 million, withdrawal - at $468.4 million.

The authority indicated that the share of investment from Cyprus for the first half of the year decreased from 33.3% to 31.4%, from Russia - from 6.9% to 6.1%, while the share of investment from Germany increased from 0.8% to 11.9%, from the Netherlands - from 9.8% to 10.7%.

The agency said that the amount of FDI in Ukraine at the beginning of July this year amounted to $1,164 per capita compared to $1,284 at the beginning of the year.

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