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Foreign Direct Investment in Latin America and the Caribbean 2020

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Abstract

The decade ending in 2019 saw the highest ever foreign direct investment (FDI) inflows to Latin America and the Caribbean, which reached their peak in 2012. Since then, foreign investment inflows have declined steadily, bringing into focus, especially in South American countries, the relationship between FDI flows, the macroeconomic cycle and commodity price cycles in the region. In 2019, Latin America and the Caribbean received US$ 160.721 billion in FDI, 7.8% less than in 2018, a decline that is seen intensifying sharply in 2020 when inflows are forecast to drop by between 45% and 55% as a result of the crisis stemming from the COVID-19 pandemic. Worldwide, the amount of FDI is seen shrinking by 40% in 2020 and by between 5% and 10% in 2021. Thus, FDI would mark in 2021 its lowest value since 2005.

Suggested Citation

  • -, 2020. "Foreign Direct Investment in Latin America and the Caribbean 2020," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46541 edited by Eclac.
    • Handle: RePEc:ecr:col007:46541
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    File URL: http://repositorio.cepal.org/handle/11362/46541
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    Cited by:

    1. Andrzej Cieślik & Sarhad Hamza, 2022. "Inward FDI, IFRS Adoption and Institutional Quality: Insights from the MENA Countries," IJFS, MDPI, vol. 10(3), pages 1-19, June.
    2. -, 2021. "Foreign Direct Investment in Latin America and the Caribbean 2021," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 47148.2 edited by Eclac.
    3. Bettina Jones, 2020. "A Quantitative Look at the Relationship between FDI Inflow and Economic Growth in North Macedonia, 2006-2018," Business and Economic Research, Macrothink Institute, vol. 10(4), pages 1-12, December.
    4. Thai Hung, Ngo & Nguyen, Linh Thi My & Vinh Vo, Xuan, 2022. "Exchange rate volatility connectedness during Covid-19 outbreak: DECO-GARCH and Transfer Entropy approaches," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 81(C).
    5. Isaac K. Ofori & Toyo A. M. Dossou & Simplice A. Asongu & Mark K. Armah, 2021. "Bridging Africa’s Income Inequality Gap: How Relevant Is China’s Outward FDI to Africa?," Working Papers of the African Governance and Development Institute. 21/098, African Governance and Development Institute..
    6. -, 2021. "Financing for development in the era of COVID-19 and beyond," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46711 edited by Eclac, March.
    7. Johannes Reinhard Többen & Martin Distelkamp & Britta Stöver & Saskia Reuschel & Lara Ahmann & Christian Lutz, 2022. "Global Land Use Impacts of Bioeconomy: An Econometric Input–Output Approach," Sustainability, MDPI, vol. 14(4), pages 1-24, February.
    8. Majed Alharthi, 2022. "Factors of foreign direct investment inwards: The case of Saudi Arabia," Proceedings of Economics and Finance Conferences 13015491, International Institute of Social and Economic Sciences.
    9. Mikio Kuwayama, 2021. "Globalized Business of Japanese Multinationals in Latin America: What Trade and Investment Statistics Do Not Show," Discussion Paper Series DP2021-18, Research Institute for Economics & Business Administration, Kobe University, revised Oct 2021.

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