Capital investment in Ukraine's economy shrinks by 30% in H1 2020

Capital investment in Ukraine's economy shrinks by 30% in H1 2020

Ukrinform
UAH 163.78 billion as capital investment was attracted to Ukraine's economy in the first half of 2020, which is 30% less than in the same period of 2019, Ukraine's State Statistics Service has reported.

In particular, UAH 63.26 billion was attracted to industry (down 37.2%); UAH 20.68 billion to construction (down 22.9%); UAH 14.54 billion to agriculture, forestry and fisheries (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 transport, warehousing, postal and courier activities (down 54.4%); UAH 8.58 billion to the field of information and telecommunications (down 8.3%); UAH 4.62 billion 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 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%, 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 2020; 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.

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