Specifically, the United States is still the largest host country for FDI. Its FDI increased by 114% to US$323 billion, and its value almost tripled to US$285 billion.
FDI into the EU rose by 8%, but financial flows across the bloc's major economies remain well below pre-pandemic levels.
FDI inflows to China reached a record $179 billion, driven by strong service-sector FDI.
FDI inflows to Brazil doubled from 2020 to $58 billion, but inflows remained slightly below pre-pandemic levels.
ASEAN resumed its role as the engine of FDI growth in Asia and globally, with FDI inflows rising by 35%, with growth in most member countries.
FDI to India fell by 26%.
Inflows to Saudi Arabia quadrupled to $23 billion, helped by an increase in cross-border mergers and acquisitions.
FDI inflows to South Africa jumped to $41 billion from $3 billion in 2020.
Investment in SDG-related sectors in developing economies has been severely affected during the pandemic, with double-digit declines, and the recovery in investment remains fragile, with the number of related investment projects increasing by only 11%.
Renewable energy and utilities remain the sectors with the strongest growth in international project finance.
In LDCs, however, investment trends related to the SDGs were less favourable, with the number of related investment projects falling by 17% following a 30% decline in 2020.
From a productive capacity development perspective, investment trends in LDCs reflect structural weaknesses and show that several sectors have been hit hard by the pandemic. Extractive industries projects have traditionally been an important part of investment in many LDCs. Investment projects in this area have partially dried up and declined.
The report believes that the outlook for global FDI in 2022 is positive.
International project financing in the infrastructure sector will continue to provide growth drivers.
The ongoing outbreak remains the main downside risk to global FDI.
In addition, the speed of vaccination in developing countries and the speed of implementation of infrastructure investment stimulus plans in various countries are still important uncertainties for global FDI.
Other important risks include labor and supply chain bottlenecks, energy prices and inflationary pressures.