About World Investment Report:
- It focuses on trends in foreign direct investment (FDI) worldwide, at the regional and country levels and emerging measures to improve its contribution to development.
Key highlights of the report
- Global foreign direct investment (FDI) in 2023 decreased marginally, by 2 per cent.
- FDI flows to developing countries fell by 7 per cent to $867 billion, mainly due to an 8 per cent decrease in developing Asia.
- China, the second largest FDI recipient in the world, saw a rare decline in inflows.
- Industry trends showed lower investment in the infrastructure and digital economy sectors, but strong growth in the global value chain-intensive sectors of manufacturing and critical minerals.
- International investment in sectors relevant for the Sustainable Development Goals in developing countries declined in 2023.
Key facts about the UN Conference on Trade and Development
- It is the UN’s leading institution dealing with trade and development.
- It is a permanent intergovernmental bodyestablished by the United Nations General Assembly in 1964.
- Its objective is to assist developing countries, especially the least developed countries, and countries with economies in transition, to integrate beneficially into the global economy.
- Headquarters:Geneva, Switzerland.
- UNCTAD membership consists of 195 states.
