UNCTAD releases Global Investment Trends Monitor report
United Nation Conference on Trade and Development (UNCTAD) has released its Global Investment Trends Monitor Report on 19 January 2022.
The report tracks the flow of Foreign Direct Investment (FDI) in the world for the year 2021.
Highlights of the report
- Global foreign direct investment (FDI) flows showed a strong rebound in 2021, up 77% to an estimated $1.65 trillion, from $929 billion in 2020, surpassing their pre-Covid-19 level.
- The report said the growth rate of 2021 is unlikely to be repeated in 2022 but the outlook for 2022 is positive.
- The report said that the international project finance in the infrastructure sector will continue to provide growth in 2022.
- The FDI in India decreased by 26 % as compared to last year as the Mergers and Acquisition deals reported in 2020 were not repeated in 2021. According to the UNCTAD report In 2020 India received $64 billion FDI.
- FDI in the United States increased by 114% to $323 billion.
- China saw a record $179 billion of inflows – a 20% increase – driven by strong services FDI.
- `Developed economies saw the biggest rise by far, with FDI reaching an estimated $777 billion in 2021 – three times the exceptionally low level in 2020.
- FDI flows in developing economies increased by 30% to nearly $870 billion.
- The United Nation Conference on Trade and Development (UNCTAD) was set up by the United Nation in 1964.
- It was set up to promote and safeguard the interest of the developing countries in world trade.
- The headquarters of UNCTAD : Geneva, Switzerland
- The Secretary General of UNCTAD : Rebeca Grynspan of Costa Rica
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