As per the report, FDI flows to developing economies reached a new high of USD 759 billion, accounting for 52 percent, during the year. The developed countries, however, remained at a historical low (39 percent) for the second consecutive year. FDI inflows to developed countries increased by 12 per cent to USD 576 billion, with investments to the European Union increasing, and flows to the United States continued their decline, . The BRICS – Brazil, Russian Federation, India, China and South Africa – continued in attracting FDI. The report also added , that their current share of global FDI flows at 22 per cent is twice that of their pre-crisis level.