TNPSC Thervupettagam

World Investment Report 2023

July 21 , 2023 492 days 1063 0
  • United Nations Conference on Trade and Development released a World Investment Report 2023.
  • Foreign Direct Investment (FDI) in developing countries in Asia remained flat at $662 billion during 2022, as compared to the previous year.
  • Overall global FDI declined by 12% to $1.3 trillion in 2022.
  • In Asia, the incoming FDI was highly concentrated in China (and Hong Kong), Singapore, India, and United Arab Emirates (UAE).
  • During 2022, FDI inflows to India rose by 10% on an annual basis to $49 billion.
  • China registered a 5% yearly growth to $189 billion.
  • Singapore and UAE grew by 8% and 10% to $141 billion and $23 billion, respectively.
  • Developing countries, including India, which have attracted FDI in clean energy to the tune of $544 billion in 2022.

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