GTAI FDI Report
2023 Report: Germany Records Big Rise in FDI
The volume of international business expansions to and in Europe’s largest economy inceased by 37 percent last year.
Report summary
Germany attracted 34.8 billion euros worth of international business projects in 2023 – that’s the result of Germany Trade & Invest’s (GTAI) annual FDI study. The figure includes both greenfields and expansions. It does not include any mergers or acquisitions. The comparable figure for 2022 was 25.3 billion – meaning that 2023 brought an annual increase in volume of 37.5 percent. The raw number of foreign direct investment projects, 1759, was down slightly (24 projects fewer) over 2022.
For comparison, according to data from fDi Markets, foreign direct investment was up 2.6 percent worldwide. In Europe FDI decreased by 7.4 percent, and in Western Europe by 8.8 percent.
Eleven projects in Germany involve planned investments of more than 500 million euros. Eight are greenfields, while three are expansions within Germany. Eight projects involve planned investments exceeding one billion euros.
Read the full press release.
Key findings
- Germany’s federal states registered 1,759 FDI projects (greenfield, expansions, relocations, but excluding M&A) in 2023 - a slight reduction of 1percent compared to the previous year. Additionally, 484 M&A-Deals were recorded, in which foreign investors bought more than 50 percent of shares.
- The US led all countries in greenfield projects with 235, while the EU was the leading source region.
- Foreign companies preferred investments in strategic industries such as Energy & Resources as well as Digitalization.
- 17 percent of the international companies use Germany as a production or R&D location.
- Germany recorded a record investment volume of 34.8 billion euros.
