You're reading: Foreign direct investment in Ukraine slows significantly

The growth of foreign direct investment (FDI) in Ukraine in the form of equity capital in January-September 2012 amounted to $2.6 billion, which was 29.4% down year-over-year, the State Statistics Service said on Wednesday.

FDI in the third quarter of 2012 grew by a mere $240 million, which was five times down on the same period of 2011, and is one of the worst results in the past years.

In particular, FDI growth in the second quarter of 2012 was estimated at $1.52 billion, and in the first quarter $850 million. Last year FDI grew by $4.56 billion, including by $880 million in the fourth quarter, $1.26 billion in the third quarter, $1.6 billion in the second quarter, and $830 million in the first.

According to the State Statistics Service, foreign investors injected $4.319 billion into the Ukrainian economy in the first nine months of 2012, but they withdrew $817 million over the period under review, whereas these indicators were $4.742 billion and $685 million respectively for the same period of 2011.