The UAE is among the top 20 most attractive countries for direct investment
«Economy»: 116% growth in foreign investment flows during 10 years
Foreign direct investment flows into the UAE have achieved significant growth over the past years, despite the repercussions of the "Covid-19" pandemic, which cast a shadow on the volume of investment, trade and world economies.
Inflows of foreign direct investment into the country grew by 116% during the 10 years (2012-2021), according to the report of the Ministry of Economy, to reach $20 billion and 667 million in 2021, compared to about $9 billion and 566 million in 2012, an increase Equivalent to $11.1 billion.
Noticeable growth
Inward FDI inflows to the UAE witnessed a remarkable growth during the past 10 years, rising from $9.764 billion in 2013, $11.071 billion in 2014, $8.55 billion in 2015 and $9.604 billion in 2016. and $10.354 billion in 2017, $10.385 billion in 2018, $17.874 billion in 2019, and $19.884 billion in 2020.
Emirati exports
In light of the remarkable growth of foreign direct investment flows, the country ranks 19th in the world among the top 20 countries that attract foreign direct investment flows, in addition to being ranked first in the incoming foreign direct investment flows at the level of West Asia, and at the level of the Middle East and North Africa region. and the group of Arab countries.
cumulative balance
The cumulative foreign direct investment balance received by the country increased by 141.6% during the period from 2011 to 2021, rising from 71 billion and 20 million dollars, to reach 171 billion and 563 million dollars last year 2021, which represents an increase of more than 100.5 billion dollars during 11 years. years.
growth in sectors
Over the past years, all economic sectors in the country have achieved significant growth in attracting direct investments. According to the Central Bank of the Emirates, growth rates in the manufacturing sector reached 13%, in the health care sector to 9%, and in the information and communication technology sector to 6%, and in The financial, banking and insurance sector increased to 4%, the real estate sector increased to 4%, the oil and gas sector increased to 3%, and the services sector increased to 2%, during the past year compared to the previous year 2020.
global level
Globally, global foreign direct investment flows reached $1.6 trillion in 2021, an increase of 64% compared to 2020, with the rapid growth in mergers and acquisitions in financing international projects.
In the past year, most developed countries saw an increase in foreign direct investment, as flows to the United States more than doubled, to $367 billion, the third highest level recorded after the 2015 and 2016.
Flows to developing economies also rose by 30% to reach $837 billion, the highest level ever recorded, as the increase was mainly caused by the strong growth performance in Asia, the partial recovery in Latin America and the Caribbean, and the recovery in Africa. growth in global flows is slightly above 50%.
Follow our latest local and sports news and the latest political and economic developments via Google news