Iran receives 5% more FDI in 2022: UNCTAD
The foreign direct investment (FDI) inflow to Iran increased by five percent in 2022 compared to the previous year, the United Nations Conference on Trade and Development (UNCTAD) said in its latest investment report.
The report put the country’s FDI inflow at $1.5 billion in 2022, while the figure stood at $1.425 billion in 2021, IRNA reported.
According to the report, Iran was ranked fourth in the Middle East in terms FDI inflow in 2022.
Saudi Arabia ranked first, with $7.886 billion of investment, followed by Oman, with $3.716 billion, and Bahrain, with $1.951 billion.
Based on the UNCTAD data, Iran had $100 million in foreign direct investment in other countries in 2022, up from $82 million in the previous year.
UNCTAD has put the global foreign direct investment in 2022 at $1.294 trillion, indicating a decline of 13 percent compared to the previous year.
Iran has been ranked 79th among the countries of the world in terms of attracting foreign investment in 2022. The US was in first place, with $285 billion of FDI, followed by China, with $189 billion, and Singapore with $141 billion.
Established in 1964, the United Nations Conference on Trade and Development is an intergovernmental organization intended to promote the interests of developing states in world trade.