UK FDI to halve in 2020 | Mallorca Economy

The Investment by foreign companies in the UK fell by 57%, Even 19.700 million dollars, under the 45400 million registered in 2019, which makes Great Britain in the twelfth The most popular country for foreign investors Behind countries such as Germany, Mexico, India, Sweden, Canada and Brazil.

Figures according to data from Organization for Economic Co-operation and Development (OECD)Reflect the amount of investment or profits earned by foreign companies in a particular country. According to them, China was the largest recipient of foreign capital, with inflows that included a 14% increase to 212 billion in 2020.

According to the Organization for Economic Co-operation and Development (OECD) to define foreign direct investment as such, The investing party must own at least 10% of the company in which it investsOtherwise it will be classified as a portfolio investment.

Second, it is placed The United States, which was the second largest recipient of FDI in 2020 with 177.1 billion. Despite the position and volume of investment received, it represents a decrease of 37% compared to 2019, when the accumulated foreign direct investment amounted to 282,100 million.

In Europe, Luxembourg was the best-ranked country on the continent, coming in at number four. In 2020, came the economy Luxembourg benefited from the injection of 62 billion dollars And the highest year-on-year increase (319%) of 47.2 billion compared to 2019.

Secondly, India ($64,400 million), Germany ($35,600 million) and Ireland ($33,300 million) It is among other countries with more than 30 billion each in FDI in 2020, ranking third, fifth and sixth, respectively.

See also  Applications begin for Chevening Scholarships to pursue a master’s degree in the UK

The United kingdom Ranked 12th, with a value of $19.700 million in 2020, which means a 57% shrinkage Compared to 45.4 billion received in 2019.

It should also be noted the case of Finland, which suffered 81% of the largest drop in FDI in 2020in total 2.6 billion compared to 13.5 billion recorded in 2019.

OECD data records FDI inflows for the four quarters of 2020 (January-March 2020; April-June 2020; July-September 2020 and October-December 2020) and is added to create an annual figure and foreign investment flows Direct final 12-month calendar 2020.

Leave a Reply

Your email address will not be published. Required fields are marked *