Kushniruk Viktor, PhD in Economics, Associate Professor of the Department of Hotel and Restaurant Business and Business Organisation, Mykolaiv National Agrarian University, Mykolaiv, Ukraine

ORCID ID: 0000-0002-4368-8912
e-mail: kushnirukvs@mnau.edu.ua

Kareba Maryna, PhD in Economics, Associate Professor, head of educational and production practice, specialist of the highest category, Separate structural division of the «Technological and Economic College of Mykolaiv National Agrarian University», Mykolaiv, Ukraine

ORCID ID: 0009-0001-9559-0298
e-mail: karebami@mnau.edu.ua

Nekhachyk Elizaveta, graduate of higher education, specialty 281 Public management and administration, Mykolayiv National Agrarian University, Mykolayiv, Ukraine

ORCID ID: 0009-0002-7522-2217
e-mail: nehay4ikelisaveta@gmail.com

Current Trends in Investment Activity in Ukraine

Abstract. Introduction. The development of the investment system in a market economy is a constant and objective phenomenon that requires regulation through the introduction of organizational and economic mechanisms. Investments determine the dynamics and structure of changes in the economic system of the country and have a significant impact on its development.

Purpose. The purpose of the article is to reveal the essence of the current trends of investment activity in Ukraine, in particular, in the period 2017-2023.

Results. The results of the study of current trends in investment activity in Ukraine in the period of 2017-2023 proved to be diverse and important for the development of the country’s economy. First of all, it should be noted that the investment attractiveness of Ukraine is determined by a number of factors, including political and economic stability, business environment, access to resources, infrastructure and legal system. With regard to specific sectors of the economy, the results of the survey showed that the military events in Ukraine resulted in a significant shift of investments to the most affected sectors. In particular, the metallurgy and heavy industry sectors, which once played an important role in Ukraine’s GDP and exports, have suffered serious losses. The study found that investment in these sectors will decline by 40% by 2022. This reflects the high instability and risk for investors in these sectors. However, the study also revealed some positive trends. For example, investment in innovative technologies, energy efficiency, agriculture, and IT showed steady growth. This demonstrates Ukraine’s ability to adapt to changes in the global economic environment and find new ways to attract investment.

Conclusions. In order to attract investment to highly productive sectors of the economy, it is recommended to identify key industries with significant investment potential. To improve the investment climate in Ukraine, it is necessary to continue legislative reform, simplify procedures and ensure transparency in doing business, including improving tax legislation, reducing bureaucratic barriers and increasing the level of protection of property rights.

Keywords: investment, investment activity, investment climate, investment attractiveness, foreign capital.

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