Q3 Overseas Direct Investment Up 60%... Surge in Overseas Real Estate and Stocks

[Sejong=Asia Economy Reporter Son Seon-hee] Overseas direct investment in the third quarter of this year amounted to $17.01 billion, an increase of 58.2% compared to the same period last year. Net investment, excluding investment recovery, also rose by 54.2% to $12.67 billion during the same period.

The Ministry of Economy and Finance announced the '2021 Q3 Overseas Direct Investment Trends' on the 17th.

By industry, the financial and insurance sector accounted for $7.19 billion, representing 42.3% of the total investment. This was followed by manufacturing at $3.65 billion (21.4%), real estate at $2.37 billion (13.9%), information and communication at $1.31 billion (7.7%), and wholesale and retail at $470 million (2.8%).

The real estate sector surged more than fourfold (347.7%) compared to the same period last year. Additionally, investment in information and communication increased by 117.7%, and financial and insurance by 84.6%. Wholesale and retail decreased by 32% compared to the previous year.

By country, the United States led with $6.94 billion, accounting for 40.8% of total investment. This was followed by the Cayman Islands at $2.02 billion (11.9%), Singapore at $1.05 billion (6.2%), Luxembourg at $820 million (4.8%), and Indonesia at $780 million (4.6%).

Investment in the United States increased by 261% compared to one year ago. Investments in Singapore and Luxembourg also more than doubled.

By region, North America accounted for $7.61 billion (44.8% of total investment), Asia $4.53 billion (26.6%), Latin America $2.29 billion (13.5%), Europe $2.04 billion (12.0%), and Oceania $490 million (2.9%).

Investments increased in North America (193.7%), Asia (2.8%), Latin America (30.3%), Europe (17.5%), and Oceania (210.1%), while Africa (-64.4%) and the Middle East (-60.1%) saw declines.

This content was produced with the assistance of AI translation services.