United States Tops Global FDI Destination Rankings

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The United States has once again secured its position as the world’s leading destination for foreign direct investment (FDI) for the 12th consecutive year, as per Kearney’s Global Business Policy Council’s 2024 FDI Confidence Index.

The annual survey of global senior executives and investors highlighted the enduring appeal of the United States as a premier investment destination. Factors contributing to this ranking include the nation’s strong economic performance, rebounding consumer sentiment, sustained GDP growth in 2023, driven by robust consumer and government expenditure, and healthy export levels.

Additionally, the United States maintains a lead in technological innovation, is a key priority for investors, and is a focal point of the Biden-Harris Administration’s economic agenda. U.S. Secretary of Commerce Gina Raimondo underscored the significance of this achievement, emphasising the Department of Commerce’s commitment to enhancing economic competitiveness and fostering job creation across the nation.

The United States’ top ranking in the FDI Confidence Index is supported by initiatives like the SelectUSA program, housed within the U.S. Department of Commerce, which facilitates job-creating business investment and promotes awareness of the vital role of economic development in the U.S. economy.