Antigua and Barbuda - Foreign direct investment, net inflows (BoP, current US$)

The latest value for Foreign direct investment, net inflows (BoP, current US$) in Antigua and Barbuda was $48,937,180 as of 2016. Over the past 39 years, the value for this indicator has fluctuated between $358,820,200 in 2006 and ($6,900,000) in 1978.

Definition: Foreign direct investment refers to direct investment equity flows in the reporting 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. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.

See also:

Year Value
1977 $2,200,000
1978 ($6,900,000)
1979 $8,500,000
1980 $19,600,000
1981 $22,400,000
1982 $23,000,000
1983 $5,000,000
1984 $4,400,000
1985 $15,600,000
1986 $22,600,000
1987 $38,596,300
1988 $32,951,850
1989 $43,107,410
1990 $60,607,410
1991 $54,792,590
1992 $19,648,150
1993 $15,240,740
1994 $24,788,890
1995 $31,485,190
1996 $19,351,850
1997 $22,944,440
1998 $22,774,070
1999 $51,792,530
2000 $43,115,920
2001 $98,452,220
2002 $65,865,060
2003 $166,321,100
2004 $80,366,580
2005 $220,963,400
2006 $358,820,200
2007 $338,204,700
2008 $158,783,800
2009 $80,646,660
2010 $96,679,210
2011 $65,160,600
2012 $129,367,100
2013 $134,289,000
2014 $43,022,570
2015 $96,267,800
2016 $48,937,180

Development Relevance: Private financial flows - equity and debt - account for the bulk of development finance. Equity flows comprise foreign direct investment (FDI) and portfolio equity. Debt flows are financing raised through bond issuance, bank lending, and supplier credits.

Limitations and Exceptions: FDI data do not give a complete picture of international investment in an economy. Balance of payments data on FDI do not include capital raised locally, an important source of investment financing in some developing countries. In addition, FDI data omit nonequity cross-border transactions such as intra-unit flows of goods and services. The volume of global private financial flows reported by the World Bank generally differs from that reported by other sources because of differences in sources, classification of economies, and method used to adjust and disaggregate reported information. In addition, particularly for debt financing, differences may also reflect how some installments of the transactions and certain offshore issuances are treated. Data on equity flows are shown for all countries for which data are available.

Statistical Concept and Methodology: Data on equity flows are based on balance of payments data reported by the International Monetary Fund (IMF). Foreign direct investment (FDI) data are supplemented by the World Bank staff estimates using data from the United Nations Conference on Trade and Development (UNCTAD) and official national sources. The internationally accepted definition of FDI (from the sixth edition of the IMF's Balance of Payments Manual [2009]), includes the following components: equity investment, including investment associated with equity that gives rise to control or influence; investment in indirectly influenced or controlled enterprises; investment in fellow enterprises; debt (except selected debt); and reverse investment. The Framework for Direct Investment Relationships provides criteria for determining whether cross-border ownership results in a direct investment relationship, based on control and influence. Distinguished from other kinds of international investment, FDI is made to establish a lasting interest in or effective management control over an enterprise in another country. A lasting interest in an investment enterprise typically involves establishing warehouses, manufacturing facilities, and other permanent or long-term organizations abroad. Direct investments may take the form of greenfield investment, where the investor starts a new venture in a foreign country by constructing new operational facilities; joint venture, where the investor enters into a partnership agreement with a company abroad to establish a new enterprise; or merger and acquisition, where the investor acquires an existing enterprise abroad. The IMF suggests that investments should account for at least 10 percent of voting stock to be counted as FDI. In practice many countries set a higher threshold. Many countries fail to report reinvested earnings, and the definition of long-term loans differs among countries. BoP refers to Balance of Payments.

Aggregation method: Sum

Periodicity: Annual

General Comments: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments