The inflow of foreign direct investment (FDI) from the United States to Bangladesh decreased by 11% at the end of 2023, reaching $314.90 million compared to $354 million in 2022 and $585.88 million in 2021, according to Bangladesh Bank data. This decline is attributed to global interest rate hikes and USD market volatility, discouraging investment. Overall, total FDI in Bangladesh decreased by 13% in 2023. FDI from the Republic of Korea fell by 42%, reaching $181.43 million in 2023, down from $313 million in 2022 and $299 million in 2021. In contrast, FDI from Singapore rose by 37% to $169.81 million in 2023, despite being $270 million in 2022. FDI from the United Kingdom increased to $614 million in 2023, up from $560 million in 2022, demonstrating a positive trend amidst overall declines.
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