Global FDI declines by 2% in 2023, UNCTAD reports

Reuters Updated - June 20, 2024 at 03:11 PM.
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Global foreign direct investment (FDI) fell by 2% last year to $1.3 trillion, the U.N. trade body said on Thursday, citing increasing geopolitical tensions amid a slowing global economy.

However, the United Nations Conference on Trade and Development (UNCTAD) said a return to modest FDI growth in 2024 was possible, citing "the easing of financial conditions and concerted efforts towards investment facilitation".

Published on June 20, 2024 09:41

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