![World Investment Report 2024](/images/2024/07/22/112.jpg)
World Investment Report 2024
According to estimates by the UN Conference on Trade and Development, in 2023, the volume of foreign direct investment (FDI) fell by 2% to $1.3 trillion due to the global economic downturn and rising geopolitical tensions.
FDI flows to developing countries fell by 7% to $867 billion. Tightening external financial conditions led to a 26% drop in international project deals, while investments in achieving the SDGs fell by more than 10%.
In 2023, 86% of investment policy measures adopted by developing countries contributed to the inflow of financing. Incentives were aimed at the development of the services sector and renewable energy. In contrast, 57% of measures in developed countries were protectionist in nature, used to address national security issues. UNCTAD experts note that investment promotion should be accompanied by simplification of administrative procedures. Digitalization is the most effective tool for increasing the transparency of public administration, expanding access to information and sources of financing.