According to data from the foreign direct investment (FDI) in Latin America fell 34.7 % in 2020affected by the impact of the coronavirus pandemic.
This was announced on Thursday by the Economic Commission for Latin America and the Caribbean (ECLAC).
According to the institution, the region received $105.48 billion in FDI last year, some $56 billion less than in 2019.
The lowest amount since 2010 and 51% less than the all-time record set in 2012.
These data were released during the launch of ECLAC's annual study Foreign Direct Investment in Latin America and the Caribbean 2021'.The report was presented by the head of the organisation, Alicia Bárcena.
The report shows that only in five countries did FDI increase in 2020: Bahamas, Barbados, Ecuador, Paraguay and Mexico.
It indicates that the US increased its share of FDI in the region last year, from 27 % to 37 %, while Europe's share fell from 51 % to 38 %.
Did you miss the launch of the new #CEPAL "Foreign Direct Investment in Latin America and the Caribbean 2021? Don't worry, here you can watch the full presentation by @aliciabarcenaExecutive Secretary of the regional body @UN_en: https://t.co/QJVCrZeZBB
- ECLAC (@cepal_onu) August 5, 2021
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