Serbia has attracted 3.44 billion dollars in foreign investment in 2020

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Serbia attracted 3.44 billion dollars of foreign direct investments in 2020, which is more than half of the total foreign direct investments in Southeast Europe in the year of the Covid-19 pandemic.

According to today’s report of the United Nations Conference on Trade and Development (UNCTAD) transmitted by RTS, those investments reached 6.11 billion dollars.

According to the UNCTAD document, Serbia ranks third among the economies in transition in terms of foreign direct investment inflows last year, ahead of Russia with 9.7 billion dollars and Kazakhstan with 3.9 billion dollars.

Investments in developed economies have more than halved, to 312 billion dollars.

In the United States, foreign direct investment fell by 40 percent, but nevertheless again attracted the largest amount of a total of 156.32 billion dollars, in Europe there was a decline of as much as 80 percent, to 72.5 billion dollars, in Russia the decline is 59.8 percent, and in Serbia 19 percent.

UNCTAD expects that in the current year, global foreign direct investment will be partially compensated thanks to the recovery in Asia.

Of the countries in the region, foreign direct investment in Croatia reached 1.3 billion dollars last year, 1.1 billion dollars in Albania, 529 million dollars each in Slovenia and Montenegro, 371 million dollars in Bosnia and Herzegovina, and 274 million dollars in Northern Macedonia.

Total foreign direct investment in transition economies was only 24.16 billion dollars, BiF reports.