China, the largest developing economy in foreign direct investment (FDI) recipient, last year attracted $139 billion, ranking second worldwide, according to a UN report on June 12.
The United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2019, said FDI to East Asia rose by 4 percent to $280 billion in 2018, with inflows to China increasing by 4 percent to an all-time high.
FDI flows to developing economies remained stable last year, rising by 2 percent to $706 billion, despite the global FDI flows sliding by 13 percent compared with 2017 to $1.3 trillion.
FDI flows to developed economies reached their lowest point since 2004, declining by 27 percent to $557 billion.
Let's take a look at the top 10 economies for FDI inflows in 2018.
No 10 India
FDI inflows: $42 billion
2017 ranking: 9
The Taj Mahal in Agra, India on Nov 21, 2018. [Photo/IC]
No 9 Spain
FDI inflows: $44 billion
2017 ranking: 17
Plaza de Espana is seen in Sevilla, Spain. [Photo/VCG]
No 8 Australia
FDI inflows: $60 billion
2017 ranking: 8
The Sydney Opera House is seen in Australia on Feb 16, 2018. [Photo/IC]
No 7 Brazil
FDI inflows: $61 billion
2017 ranking: 6
A carnival parade is seen in Rio de Janeiro, Brazil. [Photo/VCG]
No 6 United Kingdom
FDI inflows: $64 billion
2017 ranking: 4
The houses of parliament pictured in London, the United Kingdom. [Photo/IC]
No 5 Netherlands
FDI inflows: $70 billion
2017 ranking: 7
People visit the Keukenhof, one of the world's largest flower and tulip gardens, in Lisse, Netherlands, April 17, 2018. [Photo/VCG]
No 4 Singapore
FDI inflows: $78 billion
2017 ranking: 5
The Marina Bay Sands Hotel (right) sits beside the Singapore Art Museum. [Photo/VCG]
No 3 Hong Kong, China
FDI inflows: $116 billion
2017 ranking: 3
The skyline of Hong Kong, China pictured by night. [Photo/IC]
No 2 China
FDI inflows: $139 billion
2017 ranking: 2
A bird's-eye view of Beijing on Dec 8, 2018 [Photo/IC]
