Russia's economy is now growing at maximum capacity, boosted by high global energy prices and a strong inflow of foreign capital, the World Bank said in a report published on Monday.
"In January-September 2007, foreign investment in the Russian economy totaled $87.9 billion or 150% more than in the same period last year," the State Statistics Service (Rosstat) said.
Loans from international financial institutions, trade credits and other repayable investments accounted for the largest part of foreign capital invested in the Russian economy in the reporting period (53.5%) followed by direct investment (44.4%) and portfolio investment (2.1%), the statistics service said.
Russia's main investor countries in the first nine months of 2007 included Great Britain, the Netherlands, Cyprus, Luxembourg, Switzerland, Ireland, France, Germany, and the United States, accounting for 85.5% of the value of accrued foreign investment and 84.4% of the value of accrued direct investment, the statistics service said.