GENEVA, June 6 (Xinhua) -- Global Foreign direct investment (FDI) flows fell by 23 percent in 2017 to 1.43 trillion U.S. dollars, in contrast to the global accelerated growth in gross domestic product (GDP) and trade registered last year, said the United Nations Conference on Trade and Development (UNCTAD) on Wednesday in its World Investment Report 2018.
The report said that FDI flows to developing economies remained stable at 671 billion U.S. dollars in 2017, seeing no recovery following a 10 percent drop in 2016, while inward FDI flows to developed economies fell sharply, by 37 percent.
"Downward pressure on FDI and the slowdown in global value chains are a major concern for policymakers worldwide, and especially in developing countries," UNCTAD Secretary-General Mukhisa Kituyi said. "Investment in productive assets will be needed to achieve sustainable development in the poorest countries."
The annual report said that global FDI flows are forecast to increase only marginally in 2018, by up to 10 percent, but remain well below the average over the past ten years.
