Central America leads FDI growth in the continent
Monday, July 9, 2018
Central America is the only region in the Americas with growth in foreign direct investment between 2016 and 2017, according to the Economic Commission forLatin America and the Caribbean.
In 2017, total FDI for the six countries of the Isthmus was $13 billion, an increase of 4.5% over the year before.
It was the third consecutive year of growth for the region.
Mexican FDI fell by 9%, to just under $32 billion.
FDI in South America dropped 4%, with Brazil and Chile showing big drops.
The Caribbean had 30% growth for total FDI of nearly $6 billion.
The Commission, part of the United Nations, encourages economic cooperation.
Founded in 1948 and headquartered in Santiago, Chile, the Commission has 45 member states.