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Capital-Investment Surge Continues—32.5 % Growth in Q1 2025

by Roman Cheplyk
Monday, June 2, 2025
1 MIN
Capital-Investment Surge Continues—32.5 % Growth in Q1 2025

UAH 123.8 billion deployed; corporate self-financing still dominant, transport and agriculture lead expansion

Headline Numbers (Jan–Mar 2025)

Metric Value YoY Change*
Total capital investment UAH 123.8 bn +32.5 %
Previous quarter (Q4 2024) UAH 186.9 bn +48.1 %

*Versus the same period in 2024.


Funding Structure

Source of funds Share
Corporate own funds 77.1 %
Housing funds from households 6.5 %
Bank & other loans 4.7 %
State budget 3.5 %
Local budgets 2.7 %
Foreign direct investors 0.3 %

Asset Allocation

  • Machinery & equipment – 36.8 %

  • Engineering structures – 18.2 %

  • Vehicles – 10.7 %


Sector Highlights

Sector Investment YoY Growth
Transport & warehousing UAH 15.7 bn ×2.4
Agriculture UAH 13.6 bn +46.9 %
Industry UAH 48.7 bn +25.0 %
Wholesale & retail trade UAH 11.3 bn +55.8 %
Information & telecom UAH 5.5 bn +42.0 %
Real-estate operations UAH 3.7 bn ×2.4
Financial & insurance UAH 4.5 bn +79.4 %
Construction UAH 10.5 bn +14.0 %
Public admin & defence UAH 6.1 bn +31.4 %
Education UAH 0.2 bn +97.8 %
Healthcare UAH 2.6 bn +52.4 %

Context

  • Investment profile 2024: UAH 534.4 bn, up 35.1 % on 2023.

  • Q1 2025 moderation: Growth rate slowed from Q4’s high base but remains robust relative to long-term averages.


Takeaways for Stakeholders

  1. Corporate reinvestment continues to dominate, signalling confidence despite macro-risks.

  2. Transport and agricultural upgrades are accelerating—areas to watch for supply-chain and export-capacity improvements.

  3. Low foreign-capital share highlights ongoing risk perceptions; policy measures to attract FDI could unlock further growth.

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