Page 32 - UKRRptOct19

5.3​ FDI
FDI
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 FFF
Net FDI (US$bn) 9.2 9.9 4.7 5.8 7 7.2 4.1 0.3 2.9 3.4 4.3 4.3 4.3
Net FDI (% of 6.4 5.4 4.1 4.2 4.3 4.1 2.3 0.2 3.3 3.7 4.3 3.9 3.5 GDP)
C/A bal. + net FDI 2.8 -1.6 2.6 2 -2 -4.1 -6.9 -3.3 3.1 0.3 1.6 -0.3 -0.1 (% of GDP)
Source: ICU
Prime Minister Honcharuk says Ukraine needs to attract $50bn in investment in the next five years to ensure 40% GDP growth.​ “This is not an exorbitant figure, it is big, ambitious, it is much larger than the one we are attracting now, but it's quite doable,” he told journalists at a briefing on the government’s economic development plan. To reach the 40% goal, Ukraine's GDP should grow by 5% in 2020 and continue rising by at least 7% per year in 2021-2024. From 2016 to 2018, Ukraine’s GDP grew by 40%, from $93bn to $131bn, according to World Bank figures compiled by Trading Economics.
New foreign direct investment in Ukraine was $1.9bn in 2017​, the State Statistics Service said. About one quarter, or $506mn, was from Cyprus, presumably offshore Ukrainian or Russian money. The next four sources were: Russia -- $396mn; the Netherlands -- $262mn; Britain -- $212mn; and Germany -- $119mn.
32​ UKRAINE Country Report​ October 2019 ​ ​www.intellinews.com