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International investments grow 88% in 2021, but fall in the EU By EFE

by souhaib
April 29, 2022
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©Reuters. International investments grow 88% in 2021, but fall in the EU

Paris, Apr 29 (.).- International investments jumped 88% last year in the world, especially due to the pull of the United States and China, after the strong puncture of 2020, but those directed to the European Union ( EU) fell by 30%.

The Organization for Economic Cooperation and Development (OECD) indicated this Friday that in 2021 international investment flows reached 1,815 billion dollars, which means 37% above the pre-pandemic level, although without reaching the peak of 2015 and, Especially the one from 2007.

In a report on international investment, the OECD highlighted that the United States became the main recipient with 382,000 million dollars, which means multiplying the 2020 figures by 2.3.

In second place, China lost the status of leader in attracting investment despite the fact that money inflows increased to 334,000 million dollars, compared to 253,000 million the previous year.

Far behind were Canada ($60 billion), Brazil ($50 billion), India ($45 billion), South Africa ($41 billion), Russia ($38 billion), Switzerland ($37 billion), Mexico ($32 billion), and Germany ($31 billion). millions).

The German case illustrates better than any other the contraction that occurred in the EU, since in 2020 it had received 64,000 million euros. In the Union, as a whole, only 138,000 million arrived last year, compared to 195,000 the previous year.

In the opposite direction, the United States also reaffirmed itself as the undisputed first issuer of foreign investment with 434,000 million dollars, almost 64% more than in 2021.

Germany moved into second place with $152 billion (up from $60 billion in 2020), overtaking Japan ($147 billion), China ($128 billion), the UK ($108 billion), Canada ($90 billion), Russia (67,000 million), Ireland (62,000 million) and South Korea (61,000 million).

Contrary to what happened with inflows, the 27 EU countries multiplied their investments abroad by almost 5.3, up to 385,000 million euros.

This evolution resulted from disparate developments: Ireland and the Netherlands were significant for significant amounts of foreign investment. On the contrary, the figures were negative for Spain and France, mainly as a result of the transfer of participations in shares of foreign companies.

In the case of Spain, it went from 35,000 million dollars of investment abroad in 2020 to a negative 2,000 million in 2020; in France from 46,000 million positive to 3,000 million negative.

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