Foreign direct investment in Latin America will fall by up to 55% in 2020 due to the pandemic, the United Nations' regional economic commission reported on Wednesday, December 2.
"The drop for 2020 will be between 45% and 55%. In the context that global FDI is going to fall by 40%, we are falling more than the world, that's what matters," ECLAC Executive Secretary Alicia Barcena told reporters in Santiago. Regional investment reached $160.7 billion in 2019, 7.8% less than in 2018, a negative trend"that will become more acute in 2020" – mainly as a result of the pandemic, Barcena told a news conference to present the report.
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