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GIPC Quarterly Investment Report – Q4 2020

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According to UNCTAD’s Global Investment Trends Monitor, Global foreign direct investment (FDI) collapsed in 2020, falling by 42% to an estimated $859 billion, from $1.5 trillion in 2019.

The decline was concentrated in developed countries, where FDI flows fell by 69% to an estimated $229 billion. Greenfield announcements fell by 46% (-63% in Africa, – 51% in Latin America and the Caribbean, -38% in Asia) and international project finance by 7% in (-40% Africa).

Despite the grim economic outlook caused by COVID-19, overall FDI in developing countries appeared relatively resilient. The year 2020 ended up very encouraging for Ghana. Total investment inflows of US$2,796.49 million was recorded in 2020, with an FDI value of US$2,650.97 million for Ghana.

– Chief Executive Officer, Ghana Investment Promotion Centre (GIPC), Yofi Grant.

Q4 2020 Investment Report 11032021 by Fuaad Dodoo on Scribd

Source: GIPC
Via: norvanreports
Tags: Covid-19Global foreign direct investmentTotal investment inflowsUNCTAD
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