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Global foreign direct investment fell by 42% in 2020, outlook remains weak | Hellenic Shipping News Worldwide


Global foreign direct investment fell by 42% in 2020, outlook remains weak
UNCTAD says uncertainty about the COVID-19 pandemic’s evolution and the global investment policy environment will continue to affect FDI flows in 2021. For developing countries, the prospects for 2021 are a major concern.
Global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, according to an UNCTAD Investment Trends Monitor published on 24 January.
Such a low level was last seen in the 1990s and is more than 30% below the investment trough that followed the 2008-2009 global financial crisis.
Despite projections for the global economy to recover in 2021 – albeit hesitant and uneven – UNCTAD expects FDI flows to remain weak due to uncertainty over the evolution of the COVID-19 pandemic. ....

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Nigeria attracts $2.6bn FDI in 2020 amid global downturn


UNCTAD Headquarters
Global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, according to the latest UNCTAD Investment Trends Monitor, with Nigeria earning $2.6billion of the global volume.
  
According to the trade body, such a low level was last seen in the 1990s and is more than 30% below the investment trough that followed the 2008-2009 global financial crises.
    
Despite projections for the global economy to recover in 2021 – albeit hesitant and uneven – UNCTAD expects FDI flows to remain weak due to uncertainty over the evolution of the COVID-19 pandemic. The organization had projected a 5-10% FDI slide in 2021 in last year’s World Investment Report. ....

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World Economy: Foreign Direct Investments Slumped by 42 Percent in 2020 - Novinite.com

World Economy: Foreign Direct Investments Slumped by 42 Percent in 2020 - Novinite.com
novinite.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novinite.com Daily Mail and Mail on Sunday newspapers.

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