UAH 163.78 billion as capital investment was attracted to Ukraine’s economy in the first half of 2020, down by 30% YoY, State Statistics Service reported.
In particular, UAH 63.26 billion was attracted to industry (-37.2%); UAH 20.68 billion to construction (-22.9%); UAH 14.54 billion to agriculture, forestry and fisheries (-44.5%); UAH 13.31 billion to wholesale and retail trade, repair of motor vehicles and motorcycles (-32.5%); UAH 8.93 billion to transport, warehousing, postal and courier activities (-54.4%); UAH 8.58 billion to the field of information and telecommunications (-8.3%); UAH 4.62 billion to the sphere of financial and insurance activities (-0.2%); UAH 7.74 billion to real estate transactions (-34.3%); and UAH 3.66 billion to professional, scientific and technical activities (-17.2%).
Investments in machinery, equipment and inventory accounted for 33.1% of the total capital investment in Ukraine’s 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 the rights to commercial designations, industrial property, copyright and related rights, patents, licenses, concessions – 1.5%, in long-term biological assets of horticulture and animal husbandry – 1.2%, in land – 0.4% and in other tangible and intangible assets – 3.5%.
Own funds of enterprises and organizations accounted for 69% of the total capital investment attracted in January-June; bank loans and other loans – 8.4%; funds from local budgets – 7%; funds of the population for housing construction – 6.6%; state budget funds – 4.5%; funds of foreign investors – 0.5%; other sources of funding – 4%.
According to the State Statistics Service, UAH 584.45 billion as capital investment was attracted to the Ukrainian economy in 2019, or 11% more than in 2018. (Ukrinform/Business World Magazine)