UN report shows The Bahamas nearly doubling closest counterpart in investment performance during global downturn NASSAU, BAHAMAS — The Bahamas demonstrated the strongest level of foreign domestic investment (FDI) receipts among Small Island Development States (SIDS) during what has been described as the worst global economic downturn in nearly 100 years. The United Nations Commission on Trade and Development (UNCTAD) released its annual World Investment Report 2021 on June 21, reporting on global and regional FDI trends for the 2020 calendar year. During the pandemic-fueled worldwide economic downturn, foreign investment inflows among SIDS contracted by 40.3 percent globally, and declined for the Caribbean by 36 percent. However, despite the challenging global economic circumstances, The Bahamas experienced a 47 percent increase in FDI receipts from $611 million in 2019 to $897 million in 2020.