**Executive Summary**
This is a monthly fact sheet for January 2024, detailing Overseas Direct Investment (ODI) data from April 2000 to January 2024. The report provides cumulative ODI outflows and financial commitments, component-wise breakdowns, repatriation inflows, month-wise actual outflows, top destination countries, and sector-wise outflows. The ODI data presented are provisional and subject to change.
**Key Points / Main Content**
* **Cumulative ODI Outflows (April 2000 - January 2024):**
* Total cumulative ODI outflows: US$300,444 Million (Equity + Loans + Guarantee Invoked).
* Total cumulative ODI financial commitment: US$697,870 Million (Equity + Loans + Guarantee Issued).
* **Component-Wise Break-Up of ODI:**
* Details ODI based on equity, loans, guarantee issued, and guarantee invoked for financial years 2021-22, 2022-23, and 2023-24 (April-January).
* Total ODI financial commitment for all periods: US$1,10,981 million.
* Total actual ODI outflow for all periods: US$45,448 million.
* **Summary of Repatriation (Inflow) from JV/WOS (Based on Apr):**
* Details repatriation inflows, including dividends, repayment of loans, non-equity exports realised, royalties, technical know-how fees, consultancy fees, and others.
* Cumulative inflows from April 2000 to January 2024: US$2,41,129 million.
* **ODI Actual Outflows (Month-Wise):**
* Presents actual ODI outflows for each month of the years 2021-2022, 2022-2023, and 2023-2024.
* Total outflow for 2021-2022: US$18,496 million.
* Total outflow for 2022-2023: US$13,456 million.
* Total outflow for 2023-2024 (April-January): US$13,496 million.
* **Top Ten ODI Destination Countries (Financial Year Wise):**
* Lists top ten countries receiving ODI, along with the amounts for 2021-22, 2022-23, and 2023-24 (April-January).
* Cumulative ODI from April 2021 to January 2024 is provided in US$ million and as a percentage of the total.
* Singapore is the top destination with cumulative ODI of US$9,470 million (21%).
* **Country-Wise ODI Outflows from April 2000 to January 2024:**
* Details ODI outflows to various countries.
* Singapore is the top recipient with US$57,253 million, accounting for 19.06% of total ODI.
* **Sectors Attracting Highest ODI Outflows (Financial Years Wise):**
* Financial, insurance, and business services are the top sectors attracting ODI, with cumulative outflows of US$16,072 million (35.4%).
* **Sectors Attracting Highest ODI Outflows (Month-Wise):**
* Financial, insurance, and business services is the top sector attracting ODI, with 140 Million in January, 2024
**Impact Analysis**
* **Authorized Dealer (AD) Banks:**
**Impact:** Data published is based on their online reporting. The data may change as a result of ongoing online reporting from AD banks.
**Action Required:** Continue timely and accurate online reporting of ODI data.
* **Government and Policymakers:**
**Impact:** Provides insights into ODI trends, destination countries, and sectors.
**Action Required:** Analyze the data to inform policy decisions related to overseas investments and international trade.
* **Businesses and Investors:**
**Impact:** Provides information on investment opportunities and trends in different countries and sectors.
**Action Required:** Utilize the data for strategic investment decisions and market analysis.
Key Entities Referenced
Overseas Direct Investment (ODI): Investments made by domestic companies into foreign companies or operations, involving control or significant influence.
Singapore: Top ODI destination country.
Mauritius: A significant ODI destination country.
United States of America: A major ODI destination country.