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Business / Economics

Emerging markets experience 9% drop in Foreign Direct Investment

todayJanuary 18, 2024 5

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Global foreign direct investment flows could rise modestly in 2024 after a marginal increase last year due to higher investment in some European economies, the United Nations trade body said on Wednesday. Emerging Markets have seen a decline in Foreign Direct Investment in 2023 by 9 percent to $841 billion. Meanwhile, developing Asian countries bore the brunt with a 12% decrease, and China reported an unusual 6% drop in FDI inflows but showed an 8% growth in new greenfield project announcements. The U.N. trade organisation stressed, however, that many factors, including geopolitical risks and high debt levels in some countries, could hinder foreign direct investment. INSERT: ENG FDI flows 2023

Written by: Tonata Kadhila

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