Germany tops US as most attractive country for FDI - Germany replaced the United States to become the top place to invest in 2023.

Germany replaced the United States to become the top place to invest in 2023 with foreign direct investment amounting to €410 billion, latest Eurostat figures show.
Slow economic growth, high inflation, rising global geopolitical tensions and soaring energy prices have made it challenging for European countries to attract foreign direct investment (FDI) in recent years.

In 2023, 11 EU countries received €3,263 billion in FDI - an increase since 2022, rising from €3,241 billion.

According to the latest Eurostat figures, Germany overtook the United States as the top ultimate investing economy, essentially accumulating the most foreign direct investment, receiving €410 billion. This represents 12.6% of the over €3 billion total for 2023.

An ultimate investing country is a nation that has final control over the investment - rather than an intermediary nation.