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Global FDI rises 16 percent: UN report
Friday July 06, 2012 10:45:38 AM,
IANS
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Vienna: Despite the
ongoing eurozone crisis, global foreign direct investment (FDI)
increased by 16 percent to $1.536 trillion in 2011, a UN report
said.
According to "World Investment Report 2012" conducted by UN
Conference on Trade and Development (UNCTAD), global FDI is
expected to increase at a slower rate in 2012 due to slower global
economic growth, to $1.6 trillion, Xinhua reported.
FDI inflows in the US in 2011 totalled $227 billion, marking a
15-percent increase. The 27-member European Union saw a surge by
32 percent to $421 billion.
In China, the total FDI inflow reached $124 billion, increasing by
8 percent and in India, it stood at $67 billion, up by 31 percent.
About 45 percent of the investment went to developing countries in
2011, representing an 11 percent increase to $684 billion, said
the report Thursday.
UNCTAD economists expect global FDI to increase to $1.8 trillion
in 2013 and $1.9 trillion in 2014, though uncertainty for
investors during this time period remains high.
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