Foreign investment in Italy halved in 2014, reports UN
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Foreign investment in Italy halved in 2014, reports UN

Foreign investment in Italy halved in 2014, reports UN

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(AGI) Rome, June 24 - The flow of foreign direct investmentinto Italy (FDI) fell by more than half between 2013 and 2014,according to the World Investment Report 2015 from UNCTAD, theUN Conference on Trade and Development. Last year, investmentflows into Italy totalled 11.451 billion dollars, down from 25billion attracted the year before. The share of foreign directinvestment in fixed capital formation in Italy fell from 6.7percent in 2013 to 3.2 percent. The flow of direct investmentabroad was also sharply down to 23.451 billion dollars from30.759 billion a year earlier. However, the stock of investmentincreased to 373 billion dollars in 2014 from 361 billion theyear before for incoming FDI (a figure equal to 17.4 percent ofGDP) and to 548.5 billion dollars (25.5% of GDP) from 521billion for outgoing. In a European Union that saw incoming FDIdrop to 258 billion dollars in 2014 from 333 billion in 2014,the UK stood out in sharp contrast, last year attractinginvestments of 72 billion dollars compared to 48 billion in2013. France's performance was even worse than Italy, withinward investment flows collapsing to 15 billion dollars from43 billion in 2013. (AGI).
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