List of countries by FDI abroad

This is the list of countries by flows of foreign direct investment (FDI) abroad. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.

According to the World Bank, "Foreign Direct Investment (FDI) refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. In the following table, WB figures shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars."[3]

According to the Organisation for Economic Co-operation and Development, "outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. Outward flows represent transactions that increase the investment that investors in the reporting economy have in enterprises in the destination country less any transactions that decrease the investment that investors in the reporting economy have in enterprises in the destination country.[4] Net Outward FDI = Investments by resident parents in their affiliates abroad and investments (mostly loans) by resident fellow enterprises in other fellows abroad, where those fellows are ultimately controlled by a resident parent, minus reverse investments: investments (mostly loans) by foreign affiliates in their resident parents and by foreign fellow enterprises in resident fellows, where those fellows are ultimately controlled by a resident parent."[5]

Foreign direct investment, net outflows

Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

Country/Territory/Region/Group WB[1][2] OECD[6]
Foreign direct investment,
net outflows
Outward FDI flows
mil US$ Year % of GDP Year mil USD Year
WORLD 1175112.71 2023 1.07% 2023 1540758.34 2023
Aruba 91.45 2023 3.48% 2022
Afghanistan 30.79 2021 0.22% 2021
Angola 33.36 2023 0.04% 2023
Albania 265.14 2023 1.15% 2023
United Arab Emirates 22328.11 2023 4.43% 2023
Argentina 2961.34 2023 0.46% 2023
Armenia 53.85 2023 0.22% 2023
Antigua and Barbuda 7.48 2023 0.37% 2023
Australia 14908.29 2023 0.86% 2023 14850.84 2023
Austria 4961.11 2023 0.96% 2023 9740.48 2023
Azerbaijan 1875.23 2023 2.59% 2023
Burundi 1.17 2023 0.04% 2023
Belgium −29521.71 2023 −4.67% 2023 12067.47 2023
Benin 48.96 2023 0.25% 2023
Burkina Faso 5.17 2023 0.03% 2023
Bangladesh −2.06 2023 0.00% 2023
Bulgaria 1099.85 2023 1.08% 2023
Bahrain 1113.03 2023 2.58% 2023
Bahamas 418.96 2023 2.92% 2023
Bosnia and Herzegovina 46.13 2023 0.17% 2023
Belarus 32.88 2023 0.05% 2023
Belize 2.26 2023 0.07% 2023
Bermuda 21.48 2023 0.26% 2022
Bolivia 256.54 2023 0.56% 2023
Brazil 25148.30 2023 1.16% 2023
Barbados 8.00 2023 0.13% 2023
Brunei 17.46 2006 0.15% 2006
Bhutan 0.04 2023
Botswana 9.49 2023 0.05% 2023
Central African Republic 0.00 2002 0.00% 2002
Canada 82974.37 2023 3.88% 2023 81508.20 2023
Switzerland 53100.01 2023 6.00% 2023 102044.75 2023
Chile 6277.99 2023 1.87% 2023 5567.10 2023
China 185301.45 2023 1.04% 2023
Ivory Coast 214.91 2023 0.27% 2023
Cameroon −109.13 2023 −0.23% 2023
Democratic Republic of the Congo 235.50 2023 0.35% 2023
Republic of the Congo 26.36 2023 0.17% 2023
Colombia 1174.89 2023 0.32% 2023 1174.89 2023
Comoros 1.10 1990 0.26% 1990
Cape Verde 8.53 2023 0.33% 2023
Costa Rica 986.87 2023 1.14% 2023 288.19 2023
Curaçao 7.26 2023 0.60% 2022
Cayman Islands 20421.63 2023 −30.27% 2022
Cyprus −13017.06 2023 −40.39% 2023
Czech Republic 7495.49 2023 2.27% 2023 7052.74 2023
Germany 80414.01 2023 1.80% 2023 101258.13 2023
Dominica −0.80 2023 −0.12% 2023
Denmark 11037.93 2023 2.73% 2023 13866.63 2023
Dominican Republic 360.30 2023 0.30% 2023
Algeria 83.55 2023 0.03% 2023
Ecuador 0.00 1989 0.00% 1989
Egypt 390.40 2023 0.10% 2023
Eritrea −27.88 2000 −3.95% 2000
Spain 29079.42 2023 1.84% 2023 28967.34 2023
Estonia 2282.81 2023 5.60% 2023 1526.84 2023
Ethiopia 0.00 1989 0.00% 1989
Finland 2048.05 2023 0.68% 2023 10889.92 2023
Fiji 28.98 2023 0.53% 2023
France 63118.27 2023 1.30% 2023 72610.60 2023
Federated States of Micronesia −0.51 2014 −0.16% 2014
Gabon −33.78 2019 −0.20% 2019
United Kingdom 41882.30 2023 1.25% 2023 2007.46 2023
Georgia 472.01 2023 1.55% 2023
Ghana 11.01 2023 0.01% 2023
Guinea 0.09 2023 0.00% 2023
Gambia −0.61 2023 −0.03% 2023
Guinea-Bissau 0.26 2023 0.01% 2023
Equatorial Guinea −0.69 2022 −0.01% 2022
Greece 3491.19 2023 1.47% 2023 3952.33 2023
Grenada 12.75 2023 0.97% 2023
Guatemala 658.28 2023 0.65% 2023
Guyana 6.90 2023 0.04% 2023
Hong Kong 102712.20 2023 26.88% 2023
Honduras 227.76 2023 0.66% 2023
Croatia 1362.58 2023 1.65% 2023
Haiti −1.00 1999 −0.02% 1999
Hungary −78719.38 2023 −37.06% 2023 3705.99 2023
Indonesia 7101.47 2023 0.52% 2023
India 13878.57 2023 0.39% 2023
Ireland −123172.88 2023 −22.57% 2023 −7448.83 2023
Iran 86.67 2023 0.02% 2023
Iraq 278.67 2023 0.11% 2023
Iceland 278.47 2023 0.90% 2023 106.41 2023
Israel 9728.00 2023 1.91% 2023 9728.20 2023
Italy 23081.05 2023 1.02% 2023 13015.10 2023
Jamaica −3.89 2023 −0.02% 2023
Jordan 64.23 2023 0.13% 2023
Japan 182069.39 2023 4.32% 2023 184002.53 2023
Kazakhstan 2993.19 2023 1.14% 2023
Kenya 587.54 2023 0.55% 2023
Kyrgyzstan 1.50 2023 0.01% 2023
Cambodia 151.41 2023 0.48% 2023
Kiribati 0.10 2023 0.04% 2023
Saint Kitts and Nevis −1.44 2023 −0.13% 2023
South Korea 34540.60 2023 2.02% 2023 34540.60 2023
Kuwait 11201.13 2023 6.92% 2023
Laos 0.01 2022 0.00% 2022
Lebanon 72.67 2023 0.32% 2022
Liberia 87.37 2023 2.02% 2023
Libya −164.18 2023 −0.33% 2023
Saint Lucia −2.85 2023 −0.11% 2023
Sri Lanka 33.93 2023 0.04% 2023
Lesotho 0.00 1989 0.00% 1989
Lithuania 2311.59 2023 2.97% 2023 1044.19 2023
Luxembourg −23678.69 2023 −27.61% 2023 −23679.71 2023
Latvia 872.29 2023 2.00% 2023 577.42 2023
Macau 1607.11 2023 3.41% 2023
Morocco 835.94 2023 0.59% 2023
Moldova 0.73 2023 0.00% 2023
Madagascar 119.26 2023 0.74% 2023
Maldives 0.00 1989 0.00% 1989
Mexico 758.46 2023 0.04% 2023 6843.48 2023
Marshall Islands 2.94 2006 2.06% 2006
North Macedonia 136.96 2023 0.93% 2023
Mali 23.22 2023 0.11% 2023
Malta 20859.82 2023 99.54% 2023
Myanmar 0.00 1989 0.00% 1989
Montenegro 57.31 2023 0.77% 2023
Mongolia 75.94 2023 0.38% 2023
Mozambique 174.10 2023 0.84% 2023
Mauritania 0.13 2023 0.00% 2023
Mauritius 16.17 2023 0.11% 2023
Malawi 69.19 2023 0.49% 2023
Malaysia 7965.46 2023 1.99% 2023
Namibia −307.41 2023 −2.49% 2023
New Caledonia 50.60 2023 0.59% 2022
Niger 40.39 2023 0.24% 2023
Nigeria 255.84 2023 0.07% 2023
Nicaragua 30.77 2023 0.17% 2023
Netherlands −332495.23 2023 −29.74% 2023 −195880.93 2023
Norway 15052.07 2023 3.10% 2023 15292.30 2023
Nepal 0.00 1989 0.00% 1989
New Zealand −231.47 2023 −0.09% 2023 −838.65 2023
Oman 164.89 2023 0.15% 2023
Pakistan 32.00 2023 0.01% 2023
Panama 785.88 2023 0.94% 2023
Peru 1476.08 2023 0.55% 2023
Philippines 3905.23 2023 0.89% 2023
Palau −0.04 1998 −0.03% 1998
Papua New Guinea 595.86 2023 1.93% 2023
Poland 12913.00 2023 1.59% 2023 3855.04 2023
Portugal 6038.04 2023 2.10% 2023 3557.53 2023
Paraguay −85.99 2023 −0.20% 2023
Palestine 3.16 2023 0.02% 2023
French Polynesia 14.97 2023 0.10% 2022
Qatar −191.48 2023 1.01% 2022
Romania 1324.57 2023 0.38% 2023
Russia 9618.18 2023 0.48% 2023
Rwanda 0.00 2023 0.00% 2023
Saudi Arabia 16071.21 2023 1.51% 2023
Sudan 54.24 2021 0.16% 2021
Senegal 91.33 2023 0.29% 2023
Singapore 62997.24 2023 12.56% 2023
Solomon Islands 6.42 2023 0.39% 2023
Sierra Leone −0.03 2010 0.00% 2010
El Salvador −92.17 2023 −0.27% 2023
Serbia 326.98 2023 0.43% 2023
South Sudan 41.98 2017 −0.01% 2015
São Tomé and Príncipe −3.65 2023 −0.60% 2023
Suriname 10.38 2023 0.27% 2023
Slovakia −415.75 2023 −0.31% 2023 88.96 2023
Slovenia 580.28 2023 0.85% 2023 855.43 2023
Sweden 40511.55 2023 6.83% 2023 47736.61 2023
Eswatini −22.65 2023 −0.49% 2023
Sint Maarten 0.14 2023 0.01% 2023
Seychelles −39.51 2023 −1.85% 2023
Syria 0.00 1989 0.00% 1989
Turks and Caicos Islands −51.54 2018 −4.57% 2018
Chad −2.15 1999 −0.14% 1999
Togo −60.32 2023 −0.66% 2023
Thailand 10291.83 2023 2.00% 2023
Tajikistan 40.04 2023 0.33% 2023
Timor-Leste −17.00 2023 −0.76% 2023
Tonga 0.31 2023 0.08% 2022
Trinidad and Tobago 530.68 2023 1.89% 2023
Tunisia 39.60 2023 0.08% 2023
Turkey 5963.00 2023 0.54% 2023 5780.20 2023
Tuvalu −0.92 2021 −1.52% 2021
Tanzania 2.26 2003 0.01% 2003
Uganda 0.38 2023 0.00% 2023
Ukraine 129.00 2023 0.07% 2023
Uruguay −4739.21 2023 −6.14% 2023
United States 454084.00 2023 1.66% 2023 393984.00 2023
Uzbekistan 11.73 2023 0.01% 2023
Saint Vincent and the Grenadines −1.57 2023 −0.15% 2023
Venezuela 1434.25 2023 0.94% 2014
British Virgin Islands 44158.49 2023
Vietnam −1550.00 2023 −0.36% 2023
Vanuatu 4.40 2023 0.39% 2023
Samoa 0.00 2023 0.00% 2023
Kosovo 204.76 2023 1.96% 2023
Yemen 3.33 2019 0.02% 2019
South Africa −2811.91 2023 −0.74% 2023
Zambia 117.10 2023 0.42% 2023
Zimbabwe 30.50 2023 0.11% 2023
SIDS (Small Island Developing States)
SIDS: Caribbean 460.08 2023 0.86% 2023
SIDS: Pacific 40.21 2023 0.42% 2023
LDCs (Least developed countries) 1121.27 2023 0.14% 2022
Low & middle income economies (WB) 274874.83 2023 0.75% 2023
Low-income economies (WB) 695.09 2023 0.12% 1989
Middle-income economies (WB) 274179.74 2023 0.76% 2023
Lower middle income economies (WB) 20303.45 2023 0.28% 2023
Upper middle income economies (WB) 253876.30 2023 0.87% 2023
High-income economies (WB) 898803.62 2023 1.24% 2023
European Union −309939.80 2023 −1.69% 2023 184096.97 2023
OECD 581977.68 2023 0.91% 2023 966239.77 2023

Notes

WB: Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital. reinvestment of earnings. and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars.
OECD: Net Outward FDI = Investments by resident parents in their affiliates abroad and investments (mostly loans) by resident fellow enterprises in other fellows abroad, where those fellows are ultimately controlled by a resident parent, minus reverse investments: investments (mostly loans) by foreign affiliates in their resident parents and by foreign fellow enterprises in resident fellows, where those fellows are ultimately controlled by a resident parent.

References

  1. ^ a b World Bank. "Foreign direct investment, net outflows (BoP, current US$)". data.worldbank.org. Retrieved 4 October 2024.
  2. ^ a b World Bank. "Foreign direct investment, net outflows (% of GDP)". data.worldbank.org. Retrieved 4 October 2024.
  3. ^ World Bank. "Metadata. Foreign direct investment, net outflows (BoP, current US$)". data.worldbank.org. World Development Indicators. Retrieved 4 October 2024.
  4. ^ Organisation for Economic Cooperation and Development (2024). "Outward FDI flows by partner country". oecd.org. OECD iLibrary. Retrieved 4 October 2024.
  5. ^ Organisation for Economic Cooperation and Development (2024). "FDI flows, Outward, Million US dollars, exchange rate converted, 2023". oecd.org. Retrieved 4 October 2024.
  6. ^ Organisation for Economic Cooperation and Development (2024). "FDI flows, Outward, Million US dollars, exchange rate converted, 2023". oecd.org. Retrieved 4 October 2024.

See also