Poland 19th in the world in terms of FDI
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The year of the pandemic limited not only foreign travel but also the inflow of foreign direct investment (FDI), among others to Poland. However, the pandemic has not had a negative impact on FDI everywhere: Luxembourg recorded a 319 percent increase in them.
MoneyTransfers.com has analyzed the latest data from the Organization for Economic Co-operation and Development (OECD) to see which countries in the world benefited the most and the least from FDI inflows in pandemic 2020.
For Poland, it looks like this: $8.6 billion in FDI in 2020, while in 2019 it was $11 billion, i.e. we recorded a 22 percent decrease y/y. This result gives us 19th place in the world in terms of the sum of attracted foreign investments.
With Luxembourg, it looks extremely weak, and not only with it: let's look at the largest beneficiary of FDI in the world – China. In 2020, $212.5 billion was invested in the China FDI formula, an increase of 14 percent compared to the previous year, in which the inflow of FDI amounted to $187.2 billion.
When it comes to record declines, Finland is the leader: on an annual basis the level of FDI fell by 81 percent, from $13.5 billion in 2019 to $2.6 billion in 2020
As many as 28 of the 37 countries surveyed reported a y/y decline in FDI in 2020. Given the global turmoil and economic uncertainty caused by the Covid-19 pandemic last year, both companies and entrepreneurs were perhaps more hesitant than ever to invest outside their home countries.
More information on the research you can find HERE.
