According to German Trade and Invest (GTAI) annual FDI Report Foreign direct investment to Germany saw a big comeback in 2021.
1,806 international companies set up shop in Germany in 2021 in the form of greenfield investments. The number of projects was up seven percent over 2020, rebounding almost fully to 1,851 in the final pre-corona year 2019.
The overall volume, however, is expected to be well in excess of EUR 7 billion. And it doesn’t include the massive expansion projects first announced in 2022 by Intel and Northvolt, which were worth at least EUR 17 billion and EUR 4 billion respectively.
The US led all countries in greenfield projects with 254, while the EU was the leading source region.
Source: 2021 GTAI FDI Report