Capital investment in the Ukrainian economy drops by 30% in the first half of 2020

163.78 billion UAH as capital investments were attracted to the Ukrainian economy in the first half of 2020, which is 30% less than in the same period of 2019, the State Statistics Service of Ukraine reported. Ukraine.

In particular, 63.26 billion UAH was attracted by industry (down 37.2%); UAH 20.68 billion for construction (down 22.9%); UAH 14.54 billion to agriculture, forestry and fishing (down 44.5%); UAH 13.31 billion to wholesale and retail trade, repair of motor vehicles and motorcycles (down 32.5%); UAH 8.93 billion to transportation, warehousing, post and courier activities (down 54.4%); UAH 8.58 billion to information and telecommunications (down 8.3%); 4.62 billion UAH to the sphere of financial and insurance activities (down 0.2%); UAH 7.74 billion to real estate transactions (down 34.3%); and UAH 3.66 billion to professional, scientific and technical activities (down 17.2%).

Investments in machinery, equipment and inventory accounted for 33.1% of total capital investment in the Ukrainian economy in the first half of 2020, in engineering structures – 22.8%, in non-residential buildings – 14.3% , in residential buildings – 11.9%, in vehicles – 8.3%, in software and databases – 3%, in trade name rights, industrial property, copyrights and related rights, patents, licenses, concessions – 1.5%, in long-term biological assets of horticulture and livestock – 1.2%, in land – 0.4%, in other tangible and intangible assets – 3.5%.

Equity of companies and organizations accounted for 69% of total capital investment attracted in January-June 2020; bank loans and other loans – 8.4%; funds from local budgets – 7%; population fund for housing construction – 6.6%; funds from the state budget – 4.5%; funds from foreign investors – 0.5%; other sources of funding – 4%.

According to the National Statistical Service, UAH 584.45 billion of capital investments were attracted to the Ukrainian economy in 2019, which is 11% more than in 2018.

op

Christi C. Elwood