From January to December 2021 Mexico captured $31,621.2 billion dollars (mdd) in foreign direct investment (FDI), according to preliminary figures released Monday by the Secretariat of Economy (SE).
Compared to preliminary figures for the same period in 2020, the year of the pandemic, when the country received $29,079.4 million dollars of FDI, the figure for 2021 registered an increase of 8.7%, said Economía in a statement.
The figure is the result of the difference of $45,084.9 million dollars registered as inflows and $13,473.7 million dollars in outflows, said the SE. "The amounts reported only consider investments made and formally notified to the National Registry of Foreign Investment of the Ministry of Economy, hence its preliminary nature and that they are subject to updates in successive quarters," said the agency. "It is noteworthy that in the first three quarters FDI inflows to Mexico totaled $24,813 million dollars. The data implies that in the last quarter of 2021, FDI inflows to Mexico were more than $20 billion dollars -44% of the annual total-, something incredibly high and disproportionate to what is normally observed in the last quarters of the year," said Gabriela Siller, director of economic-financial analysis at Banco Base.
By sectors, the press release details, manufacturing received 39.7% of foreign capital, followed by mining (15.5%), financial and insurance services (15%), transportation (8.8%) and temporary housing services (5.2%).
Regarding the origin of the financing, 43.7% was from new investments, 38.6% from reinvestment of profits and 17.7% from intercompany accounts.
