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Andean Group - July 2016 (ISSN 1741-4466)
FDI inflows to the Andean – mixed balance sheet for 2015
Last month, the United Nations (UN) Economic Commission for Latin America and the Caribbean (Eclac) released its annual report on foreign direct investment (FDI) to the region which showed mixed findings for the Andean countries. Overall for Latin America & the Caribbean, FDI was down 9.1% in 2015, compared with 2014. This downward trend was evident in Colombia, which registered a drop of 26% to US$12.1bn; Peru (down 13% to US$6.9bn); and Bolivia (down 22% to US$503m). Over the same period, FDI to Ecuador rose 37% to US$1.06bn while in the first three quarters of 2015, FDI to Venezuela was up 153% to US$1.4bn.
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- FDI inflows to the Andean – mixed balance sheet for 2015