Page 47 - RUSRptApr17

5.3 FDI
Russia -FDI 2010 2011 2012 2013 2014 2015 2016
FDI Net (BoP)
9,448 11,767 -1,765 17,288 33,532 16,733 -10,396
FDI net inflows (BoP)
43,168 55,084 50,588 69,219 22,856 6,853 32,977
FDI net inflows (% of GDP)
2.83 2.89 2.51 3.33 1.23 0.41 0.49
FDI net outflows (% of GDP)
3.45 3.51 2.42 4.16 3.03 1.81 1.67
source: Rosstat
For a third straight year the real sector has demonstrated a steady outflow of FDI (totaling around $20bn p.a). Thus, the prospect of any improvement in the capital account by the end of this year (the CBR expects a net capital outflow by end 2017 of up to $10bn, which implies an inflow in April-December) will directly depend on the dynamic of the banking sector’s foreign assets and other one-off operations, which remain hard to predict.
47 RUSSIA Country Report April 2017 www.intellinews.com