India Ranks at 8th Position Among Recipients of Foreign Direct Investment in 2019: UNCTAD Report
- The United Nations Conference on Trade and Development (UNCTAD) released the Global Investment Trend Monitor report on 20 January 2020.
- Global FDI: As per the report, the global Foreign Direct Investment (FDI) in 2019 stood at $1.39 trillion, which is one percent decline from $1.41 trillion in 2018.
- India’s Position: India is among the top 10 recipients of Foreign Direct Investment in 2019, at 8th position, attracting $49 billion FDI inflows, showing a 16 percent increase from the previous year.
Key Findings of the Report
- The United States remained the largest recipient of FDI, attracting $251 billion in inflows.
- China with flows of $140 billion stood second, followed by Singapore at third with $110 billion FDI.
- South Asia recorded a 10% increase in FDI to $60 billion, which was driven by India (with a 16% increase).
- FDI flows to developed economies fell by 6% to an estimated $643 billion.
- FDI flows to developing economies remained stable at an estimated $695 billion
- The cross-border M&As decreased by 40 percent in 2019 to $490 billion (the lowest level since 2014).
- Looking ahead, UNCTAD expects FDI flows are still expected to rise moderately in 2020, as current projections show the global economy to improve somewhat from its weakest performance since the global financial crisis in 2009.
Read the Full Report at UNCTAD