African, Latin American and Eastern European economies among those with highest foreign direct investment inflows as a ratio to gross fixed capital formation
Foreign direct investment inflows as a ratio to gross fixed capital formation, percentage, 2023
In 2023, global foreign direct investment (FDI) flows decreased marginally by 2 per cent to $1.33 trillion. While flows to developed economies increased by 9 per cent to $464 billion, flows to developing economies fell by 7 per cent to $867 billion, largely because FDI inflows in developing Asia fell by 8 per cent to $621 billion. FDI flows to developing Africa declined by 3 per cent to $53 billion. FDI to developing Americas was almost stable, decreasing by 1 per cent to $193 billion. FDI inflows to least developed countries rose by 17 per cent, reaching $31 billion.
In 2023, the United States of America remained the largest destination economy for FDI. It was followed by China, Singapore, Hong Kong (China) and Brazil. Eleven of the top 20 destination economies were developing economies.