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4.3 Fixed investment
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Investments in fixed capital,
chg yoy 1.6% -50.5% 3.9% 7.1% 0.9% -6.7% -23.0% -9.3% 6.0% 12.0%
Industrial output, chg yoy -5.2% -21.9% 11.2% 8.0% -0.7% -4.3% -10.1% -13.0% 2.1% -0.1%
Fixed investment this year is ahead of 2018 with a total cumulative investment hitting UAH364,774mn as of the end of the third quarter, ahead of the UAH316,704mn that was invested by the end of the third quarter a year earlier.
On quarter on quarter basis investment was also up to UAH140,780mn invested compared to UAH125,862mn invested a year earlier in the third quarter alone.
The distribution of what the money was invested into has been fairly regular, although there was a heavy UAH5,644mn invested into software and databases in the first quarter. In the next two quarters the biggest investment item was into machines and equipment after investment into tangible assets, which is always the biggest investment item.
23 UKRAINE Country Report December 201 www.intellinews.com