Global investment rises to $1.65t as corporate DIA grows for fifth year

Local firms' overseas investment rises 7.6% in 2024.

Singapore’s corporate Direct Investment Abroad (DIA) rose 7.6% to $1.653t in 2024, according to Singapore Department of Statistics’ data.

DIA is carried out through new subsidiaries, mergers and acquisitions, or the expansion of existing overseas operations.

These investments enable companies to access international markets and transfer skills, knowledge, and technology.

The latest increase follows the continued rise of DIA in the past five years, rising to $1.183t in 2020, $1.333t in 2021, $1.478t in 2022, and $1.536t in 2023.

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Department of Statistics

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