SDG #17 is to “Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development”
Within SDG #17 are 19 targets, of which we here focus on Target 17.3:
Mobilize additional financial resources for developing countries from multiple sources
Target 17.3 has two indicators:
Indicator 17.3.1: Additional financial resources mobilized for developing countries from multiple sources
Indicator 17.3.2: Volume of remittances (in United States dollars) as a proportion of total GDP
The resources for developing countries additional to official development assistance mentioned above include private flows such as foreign direct investment and trade.
The countries with greater than a 10% share of their GDP to foreign direct investment as of 2022 are:
Kuwait
Netherlands
Sweden
Singapore
Worldwide, foreign direct investment was 2% of gross world product as of 2022, down a fraction since 2015. These figures don’t suggest the investments were to developing countries. The biggest inflows weren’t to developing countries, but instead Cyprus and Singapore. Each received over a third of their GDP in foreign direct investment. Worldwide, inflows of foreign direct investment were about equal to outflows, though had halved since 2015.
Remittances received affects the balance of payments of developing countries in a positive way. Kyrgyzstan and Tajikistan have the highest share of remittances as a proportion of GDP as of 2018, occupying over a quarter of GDP. Worldwide, remittances amount to less than 1% of gross world product.