Annual World Investment Report

Annual World Investment Report

News: The United Nations Conference on Trade and Development’s (UNCTAD) has released the annual World
Investment Report.

Key Highlights of the Report:
• India is ranked seventh despite a 30% decline in foreign direct investment (FDI) into the country.
• The United States ($367 billion) remained the top recipient of FDI.
• China ($181 billion) and Hong Kong ($141 billion) also retained second and third position respectively.
• Among the top 10 host economies, only India saw a decline in its inflows.
• However, outward FDI from India rose 43 per cent to $15.5 billion in 2021.

About FDI:
• Foreign direct investment (FDI) is an investment from a party in one country into a business or corporation in another country with the intention of establishing a lasting interest. With FDI, foreign companies are directly involved with day-to-day operations in the other country.

About UNCTAD:
• It is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
• It is part of the UN Secretariat.
• It reports to the UN General Assembly and the Economic and Social Council, but has its own membership, leadership, and budget.
• It is also a part of the United Nations Development Group.

What are other reports published by UNCTAD?
• Trade and Development Report
• World Investment Report
• Technology and Innovation Report
• Digital Economy Report