Skip to content

UNCTAD shows 49% foreign investments drop

Global foreign direct investment plummeted by 49% during the first half of 2020 compared with a year ago due to the pandemic, UNCTAD reported.

Global foreign direct investment plummeted by 49% in the first half of 2020 compared with a year ago due to the coronavirus pandemic, the U.N. Conference on Trade and Development reported on Tuesday.

Government-ordered lockdowns around the world slowed existing investment projects, UNCTAD said in its latest Investment Trends Monitor, while multinational businesses reconsidered new projects due to the prospect of a deep global recession.

This article is for paying subscribers only

Join now

Already have an account? Log in

Latest