Global FDI flows dropped by 24% in 2022 (or by 5%, excluding Luxembourg), to USD 1 286 billion, compared to the previous year. The United States remained the top destination for FDI inflows worldwide (USD 318 billion), followed by China (USD 180 billion), despite lower flows. Cross-border M&A activity slowed down with fewer deals being concluded and the outlook for greenfield investment activity remained positive.
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