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Foreign direct investment falls 19 percent in 2016 in Mexico

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Staff Writer | June 8, 2017
Foreign Direct Investment (FDI) in Mexico dropped 19 percent in 2016, according to a report released by the United Nations Conference on Trade and Development (UNCTAD).
Mexico manufacturing
LatAm and the Caribbean   The downward trend in FDI flows
"The downward trend in FDI flows to Latin America and the Caribbean accelerated, with inflows falling 14 percent to 142 billion U.S. dollars, owing to continued economic recession, weak commodity prices and pressures on exports," said UNCTAD in the 2017 World Investment Report.

The UN Information Center in Mexico City also noted "Mexico is one of the countries most affected" by shrinking FDI in the region.

Latin America as a whole attracted less foreign investment last year, according to the study unveiled in Geneva.

FDI to the region totalled 165 billion dollars in 2015 and 170 billion in 2014.

Other regional countries, including Chile, Bolivia and Peru, also saw an investment decline.

Globally, FDI "slipped by 2 percent in 2016, much less than the 13 percent fall" initially expected at the beginning of the year, the UN said, forecasting a rebound in 2017 and a further rise in 2018.