The report focuses on global foreign direct investment (FDI) trends in 2025.
Global FDI flows rose by 14% in 2025, reaching approximately $1.6 trillion. Growth was concentrated in developed economies, with FDI flows increasing by 43% to $728 billion. FDI flows to developing economies declined by 2% to about $877 billion, representing 55% of global flows. Most least developed countries experienced stagnant or declining inflows. International investment deals and project announcements were generally weak, with international M&A values down 10% and project finance declining for the fourth consecutive year by 16%. Greenfield project values remained high, supported by mega projects in developed countries, but project numbers were down 16%. Industry trends highlight the growing importance of data centers and increased semiconductor project values. Declines were noted in tariff-exposed global value chain sectors and international infrastructure projects, especially renewable energy. While some easing of financing conditions may support FDI growth in 2026, geopolitical tensions and economic fragmentation pose downside risks.