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    Foreign investment in Russia down 21% to $82 bln in 2009

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    Foreign investment in Russia declined 21% in 2009 to $81.9 billion, the country's top statistics body Rosstat said on Saturday

    Foreign investment in Russia declined 21% in 2009 to $81.9 billion, the country's top statistics body Rosstat said on Saturday.

    Foreign direct investment fell 41.1% to $15.9 billion and portfolio investment 37.7% to $882 million while other investment was down 13.5% to $65.14 billion, Rosstat said.

    At the same time, the decline in foreign investment in Russia gradually slowed down in 2009. Russia received $12 billion in the first quarter of 2009 (a year-on-year decline of 30.3%), $20.2 billion in the second quarter (31.2%), $22.5 billion in the third quarter (22.9%) and $27.2 billion in the fourth quarter (2.8%), Rosstat said.

    Russia's largest investor countries in 2009 were Cyprus, the Netherlands, Luxembourg, Great Britain, Germany, China, Ireland, France, Japan and the Virgin Islands accounting for 82.8% of total accrued foreign investment and 77.4% of accrued foreign direct investment, Rosstat said.

    MOSCOW, February 27 (RIA Novosti)

     

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