Foreign direct investment in Russia fell to only $ 3.3 billion in 2024, its lowest level since 2001, according to the new data published by the United Nations Conference on Commerce and Development (UNCTAD).
The data, published by the International Economic Forum of St. Petersburg of the duration of Russia, show a decrease of 62.8% in the investment between 2023 and 2024 and a 50% drop since the year prior to the War of 2021, when Russia attracted $ 38.8 billion.
Even if the war ended tomorrow, a few serious companies would like Russia as an attractive investment destination given the political risks that would remain, Sergei Aleksashenko, former vice -governor of the Russian. Tells.
According to the Central Bank, foreign investment in the Non -Financial Sectors of Russia has decreased by 57% in the last three years. The accumulated total FDI fell from $ 497.7 billion at the beginning of 2022 to $ 216 billion as of January 2025, the lowest level since 2009.
Analysts indicate an increase in state seizures of private assets, including the recent nationalization of the Domodedovo airport, as a deterrent element for foreign investors. In total, more than a foreign property business boxes have been expropriated since the beginning of the war.
Last month, President Vladimir Putin said that Western technology companies still operate in Russia, but that acting against the interests of the country should be “strangled.”
“Everyone can clearly see that the situation with property rights is getting Worsse every day,” Aleksashenko told Reuters.
The UNCTAD report also highlights the acute contraction in 2022, when foreign companies withdrew the $ 15.2 billion net, which reflects the urgent replacement of capital after the invasion of Ukraine and the imposition of radical international sanctions.
