Direct foreign investment into Russia down 13.2% to $13.8 bln in 2010

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Direct foreign investment in Russia fell 13.2% in 2010 to $13.810 billion, the Federal State Statistics Service said on Friday.

Direct foreign investment in Russia fell 13.2% in 2010 to $13.810 billion, the Federal State Statistics Service said on Friday.

Overall foreign investment grew by 40.1% last year to $114.746 billion.

"The amount of accumulated foreign capital in the Russian economy reached $300.1 billion as of the end of 2010, an 11.9% increase year-on-year," service said in a statement.

The bulk of investment, 58.3%, was returnable investment compared with 55.5% in 2009. The share of direct investment was 38.7% compared with 40.7% a year earlier, while the share of portfolio investment stood at 3.0%, down from 3.8% in 2009.

 

MOSCOW, February 25 (RIA Novosti)

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