Companies from the British Virgin Islands invested the largest at US$60b.
About 38% of the US$976b foreign direct investment (FDI) in Singapore came from developing or transition economies. This chart from SEO Amsterdam Economics showed that companies from the British Virgin Islands invested the largest amongst developing economies at US$60b in 2016.
Singapore also got FDI stocks mainly from other “hub” and tax haven countries such as the Cayman Islands (US$59b), Hong Kong (US$36b), the Bahamas (US$21b), and Mauritius (US$20b).
Other countries that make the top 10 include Malaysia, Mainland China, India, and Indonesia, with investments worth US$45b, US$37b, US$24b, and US$17b.
SEO Amsterdam Economics observed that Singapore plays a crucial role in global cross-border FDI flows to developing economies. It held 69% of outward FDI stocks in developing countries.
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