Foreign direct investment in figures


FDI in 2023

April 2024 update:

  • Global FDI flows dropped by 7% in 2023, to USD 1 364 billion, continuing on a declining trend and remaining below pre-pandemic levels for the second consecutive year.

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  • Downswings were recorded in 2023 for more than two-thirds of OECD economies and other countries, in particular the People’s Republic of China (hereafter ‘China), who received record-low FDI flows in a general context of ongoing geopolitical tensions and high interest rates.
  • Overall, FDI flows in non-OECD G20 economies dropped by 46% in 2023.
  • Despite this general downward trend, the United States, Brazil and Canada were the top three FDI destinations worldwide in 2023.

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  • OECD equity flows remained below any level recorded since 2005, partly reflecting a slowdown in new investment activity.
  • Cross-border Mergers and Acquisitions (M&A) activity continued on a downward trend, hitting a ten-year record low in 2023, as the overall economic and geopolitical environment kept deteriorating. 
  • In general, greenfield investment activity stalled in 2023, yet trends diverged between advanced economies (AEs) and emerging and developing economies (EMDEs). Capital expenditures and the number of announced projects dropped by around 20% in advanced economies, while they were up by 21% and 9% in EMDEs, respectively.



Global FDI flows declined in 2023

30/04/2024 - In 2023, global FDI flows dropped by 7%, to USD 1 364 billion, maintaining their downward trajectory and remaining below pre-pandemic levels for the second year in a row.[1] In 2023, FDI inflows decreased in more than two-thirds of OECD economies; nevertheless, significant drops in other economies also played a role in the total downturn.

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[1] By definition, inward and outward FDI worldwide should be equal but, in practice, there are statistical discrepancies between inward and outward FDI. Unless otherwise specified, references to ‘global FDI flows’ refer to the average of these two figures.




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FDI in Figures

Published twice yearly, FDI in Figures provides analysis on key developments and trends in global foreign direct investment flows using the most recent FDI statistics and data on mergers and acquisitions (M&A).

October 2022 + Excel data + Infographic

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January 2018 update (excel)

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November 2016 + Excel data  |  April 2016 + Excel data

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October 2013  |  July 2013  |  April 2013



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Investment News

Prior to 2013, investment news was published in a regular newsletter

Issue 18  |  Issue 17  |  Issue 16  |  Issue 15 |  Issue 14  | Issue 13  |  Issue 12  | Global Forum Issue  |  Issue 8  | Issue 7  |  Issue 6  |  Issue 5  |  Issue 4  |  Issue 3  | Issue 2  |  Issue 1 


Trends and recent developments

Prior to 2007, reports on FDI trends were published annually in International Investment Perspectives 

2007 | 2006 | 2005 | 2004 | 2003 | 2002


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