Kazakhstan is leader in attracting investments in Post-Soviet Space (UNCTAD)

The United Nations Conference on Trade and Development (UNCTAD) has released a report on global investments for the year 2022, El.kz cites invest.gov.kz.

According to the report, the net inflow of foreign direct investments (FDI) to Kazakhstan amounted to $6.1 billion, the highest figure in the past 5 years and 83% higher than in 2021. This is the highest indicator among the post-Soviet countries.

In terms of net FDI inflows, Kazakhstan holds the first place in the post-Soviet space. Uzbekistan follows with $2.5 billion, Lithuania with $2.2 billion, Georgia with $2 billion, Belarus with $1.6 billion, Latvia with $1.5 billion, Estonia with $1.2 billion, Turkmenistan with $936 million, Ukraine with $848 million, Moldova with $587 million, Armenia with $366 million, Kyrgyzstan with $291 million, and Tajikistan with $174 million. Azerbaijan and Russia rank at the bottom of the list, showing negative results of -$1.7 billion and -$18.7 billion, respectively.

It is important to note that net FDI inflows to Central Asia increased by 39% and amounted to $10 billion, with Kazakhstan accounting for 61% of that. 

Furthermore, there is a 6% growth in net FDI inflows to 32 landlocked developing countries, among which Kazakhstan is also the leader. Ethiopia follows with $3.7 billion, Uzbekistan with $2.5 billion, and Mongolia with $2.5 billion.

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