Global Foreign Direct Investment Down 41% In First Half Of 2018
According to figures released in October 2018 by the United Nations Conference on Trade and Development (UNCTAD), global foreign direct investment (FDI) fell by 41% in the first half of 2018 to an estimated $470 billion from $800 billion in the same period in 2017, mainly due to large repatriations of accumulated foreign earnings from United States parent companies affiliates abroad. This comes on the heels of US tax reforms.
The latest global FDI figures and analysis can be found in the October 15, 2018 edition of UNCTAD’s Global Investment Trend Monitor.
The figures are released ahead of UNCTAD’s World Investment Forum 2018, where more than 5,000 participants from 160 countries are due to meet to thrash out major new investment-for-development initiatives at the Palais des Nations, Geneva, Switzerland, from 22–26 October 2018.