MOSCOW, February 28 (RIA Novosti)-Foreign investment in Russia rose 66.1 percent in 2011 compared to the previous year, reaching $190.6 billion, the Federal State Statistics Service Rosstat reported on Tuesday.

Of that sum, foreign direct investment stood at $18.415 billion, up 33.3 percent on the previous year.

"As of the end of 2011, the accrued foreign capital in the Russian economy stood at $347.2 billion or 15.7 percent more than the previous year," Rosstat said.

Direct investment accounted for 40.1 percent of accrued foreign investment in 2011 and portfolio investment 2.8 percent. Other investment made on a repaid basis accounted for the remaining 57.1 percent, Rosstat said.

Foreign portfolio investment fell 25.1 percent last year to $805 million, with investment in shares and units growing 67.6 percent to $577 million and investment in debt securities contracting 67.8 percent to $219 million, Rosstat said.

Other investment grew by 71.7 percent in 2011 to $171.4 billion, with loans for a term of up to 180 days growing 120 percent to $91.4 billion and loans with a maturity of over 180 days increasing by 27.8 percent to $42.5 billion.

Keywords: Russia, Economy, Investment - Russia News - Russia

MOSCOW, February 28 (RIA Novosti)-Foreign investment in Russia rose 66.1 percent in 2011 compared to the previous year, reaching $190.6 billion, the Federal State Statistics Service Rosstat reported on Tuesday.

Of that sum, foreign direct investment stood at $18.415 billion, up 33.3 percent on the previous year.

"As of the end of 2011, the accrued foreign capital in the Russian economy stood at $347.2 billion or 15.7 percent more than the previous year," Rosstat said.

Direct investment accounted for 40.1 percent of accrued foreign investment in 2011 and portfolio investment 2.8 percent. Other investment made on a repaid basis accounted for the remaining 57.1 percent, Rosstat said.

Foreign portfolio investment fell 25.1 percent last year to $805 million, with investment in shares and units growing 67.6 percent to $577 million and investment in debt securities contracting 67.8 percent to $219 million, Rosstat said.

Other investment grew by 71.7 percent in 2011 to $171.4 billion, with loans for a term of up to 180 days growing 120 percent to $91.4 billion and loans with a maturity of over 180 days increasing by 27.8 percent to $42.5 billion.