The Top 20 Countries that received the most Foreign Direct Investment (FDI) in 2025 are shown in the 2026 World Investment Report published by UNCTAD. Developing countries accounted for nearly half of the countries in the list. The US remained the top country for FDI with investments of $277.0 billion followed by Singapore and Hong Kong, China.

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Source: 2026 World Investment Report, UNCTAD

FDI in China declined in 2025 slightly. Brazil’s FDI was up due to increased flows into natural resources and renewable resources sector. Services and manufacturing continue to drive higher flows into India and Mexico. It is interesting that despite thousands of sanctions, Russia received $25.0 in FDI.

One point to note is that FDI remains concentrated among a few countries. The top 20 countries 80 percent of FDI in 2025. So rest of the countries in the world lose out on economic growth.