Economic Reporter :
Foreign Direct Investment (FDI) across the world dropped by 1.0 per cent last year, according to a primary estimation of the United Nations Conference on Trade and Development (UNCTAD).
UNCTAD’s latest Investment Trends Monitor (ITM) report, released on Monday, said that global FDI remained flat at $1.39 trillion in 2019 while it was $1.41 trillion in 2018.
“This is against the backdrop of weaker macroeconomic performance and policy uncertainty for investors, including trade tensions,” said the ITM.
“FDI flows to developed countries remained at a historically low level, decreasing by a further 6.0 per cent to an estimated $643 billion,” it added.
“FDI to the European Union (EU) fell by 15 per cent to $305 billion, while flows to the United States remained stable at $251 billion,” the UN report continued.
According to the ITM, flows of FDI to developing economies remained unchanged at an estimated $695 billion.
It also showed that FDI increased by 16 per cent in Latin America and the Caribbean and 3.0 per cent in Africa.
Despite a decline of 6.0 per cent, flows to developing Asia continued to account for one-third of global FDI in 2019, mentioned the report adding that flows to transition economies rose by two thirds to $57 billion.
UNCTAD also estimated that though FDI increased in India by 16 per cent last year, it declined by 6.0 per cent in Bangladesh to $3.40 billion and 20 per cent in India to $190 billion.
Bangladesh Bank, however, unveiled nine-month data on inflow of FDI in the country. It showed that the net inflow of FDI declined to $2.15 billion in January-September period of 2019 which was $2.26 billion in the same period of 2018.
Annual FDI in the country was recorded at $3.61 billion in 2018 which was highest ever in the history of Bangladesh.
Foreign Direct Investment (FDI) across the world dropped by 1.0 per cent last year, according to a primary estimation of the United Nations Conference on Trade and Development (UNCTAD).
UNCTAD’s latest Investment Trends Monitor (ITM) report, released on Monday, said that global FDI remained flat at $1.39 trillion in 2019 while it was $1.41 trillion in 2018.
“This is against the backdrop of weaker macroeconomic performance and policy uncertainty for investors, including trade tensions,” said the ITM.
“FDI flows to developed countries remained at a historically low level, decreasing by a further 6.0 per cent to an estimated $643 billion,” it added.
“FDI to the European Union (EU) fell by 15 per cent to $305 billion, while flows to the United States remained stable at $251 billion,” the UN report continued.
According to the ITM, flows of FDI to developing economies remained unchanged at an estimated $695 billion.
It also showed that FDI increased by 16 per cent in Latin America and the Caribbean and 3.0 per cent in Africa.
Despite a decline of 6.0 per cent, flows to developing Asia continued to account for one-third of global FDI in 2019, mentioned the report adding that flows to transition economies rose by two thirds to $57 billion.
UNCTAD also estimated that though FDI increased in India by 16 per cent last year, it declined by 6.0 per cent in Bangladesh to $3.40 billion and 20 per cent in India to $190 billion.
Bangladesh Bank, however, unveiled nine-month data on inflow of FDI in the country. It showed that the net inflow of FDI declined to $2.15 billion in January-September period of 2019 which was $2.26 billion in the same period of 2018.
Annual FDI in the country was recorded at $3.61 billion in 2018 which was highest ever in the history of Bangladesh.
