联合国贸发会议：2026全球投资趋势监测报告（第50期）（英文版）（20页）.pdf

1、1#50 JANUARY 2026Trends MonitorGlobal InvestmentTrends MonitorGlobal Investment#50 JANUARY 2026Global FDI up 14%in 2025 growth limited to developed economiesHIGHLIGHTSNEW PROJECT ANNOUNCEMENTS REMAIN WEAK AMID ELEVATED POLICY UNCERTAINTY Global foreign direct investment(FDI)flows rose by 14%in 2025,

2、reaching an estimated$1.6 trillion(figure 1).An increase in flows of more than$140 billion through several global financial centers played an important part.FDI flows to developed economies increased by 43%to$728 billion,while flows to developing economies declined by 2%to an estimated$877 billion,o

3、r 55%of global flows.Three quarters of the least developed countries(LDCs)saw stagnant or declining inflows.International investment deals and project announcements including greenfield(mainly industry),project finance(mainly infrastructure),and cross-border mergers and acquisitions(M&As)were mostly

4、 in negative territory.International M&A values were down 10%,despite a boom in domestic deals.The downturn in international project finance continued for the fourth consecutive year,with values declining by 16%.The value of new greenfield project announcements was close to the high level recorded i

5、n 2024,supported by mega projects in developed countries,but project numbers were 16%lower.Industry trends in 2025 show that data centers now shape the FDI landscape;they accounted for one-fifth of global greenfield project values.The value of newly announced projects in semiconductors increased by

6、35%.In contrast,project numbers fell sharply in tariff-exposed global value chain(GVC)intensive sectors(-25%),particularly in textiles,electronics,and machinery.International infrastructure projects also declined by 10%,largely due to fewer investments in renewable energy.Looking ahead,downside risk