Foreign direct investment, net inflows (BoP, current US$) - Country Ranking

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 United States 258,390,000,000.00 2018
2 China 203,492,000,000.00 2018
3 Germany 105,278,000,000.00 2018
4 Brazil 88,324,150,000.00 2018
5 Hong Kong SAR, China 86,462,760,000.00 2018
6 Singapore 82,039,580,000.00 2018
7 Ireland 64,535,780,000.00 2018
8 Australia 60,951,060,000.00 2018
9 France 59,849,220,000.00 2018
10 United Kingdom 58,650,670,000.00 2018
11 Cayman Islands 57,383,580,000.00 2018
12 Canada 45,416,290,000.00 2018
13 Spain 44,666,730,000.00 2018
14 India 42,117,450,000.00 2018
15 Mexico 36,871,130,000.00 2018
16 Italy 30,903,530,000.00 2018
17 Japan 25,876,990,000.00 2018
18 Israel 20,788,600,000.00 2018
19 Indonesia 20,007,770,000.00 2018
20 Vietnam 15,500,000,000.00 2018
21 Korea 14,479,300,000.00 2018
22 Thailand 13,248,450,000.00 2018
23 Turkey 13,044,000,000.00 2018
24 Poland 12,034,000,000.00 2018
25 Argentina 11,872,860,000.00 2018
26 Colombia 11,352,360,000.00 2018
27 Austria 11,246,050,000.00 2018
28 United Arab Emirates 10,385,290,000.00 2018
29 Philippines 9,802,387,000.00 2018
30 Russia 8,784,850,000.00 2018
31 Malaysia 8,570,094,000.00 2018
32 Czech Republic 8,493,644,000.00 2018
33 Romania 6,881,990,000.00 2018
34 Egypt 6,797,600,000.00 2018
35 Panama 6,578,400,000.00 2018
36 Peru 6,487,906,000.00 2018
37 Oman 6,342,263,000.00 2018
38 Chile 6,082,221,000.00 2018
39 South Africa 5,467,539,000.00 2018
40 Denmark 5,390,959,000.00 2018
41 Portugal 4,859,074,000.00 2018
42 Malta 4,806,769,000.00 2018
43 Sweden 4,632,142,000.00 2018
44 Congo 4,313,144,000.00 2018
45 Greece 4,310,934,000.00 2018
46 Saudi Arabia 4,247,085,000.00 2018
47 Serbia 4,107,323,000.00 2018
48 Morocco 3,626,013,000.00 2018
49 Iran 3,480,333,000.00 2018
50 Ethiopia 3,310,300,000.00 2018
51 Cambodia 3,102,579,000.00 2018
52 Ghana 2,989,000,000.00 2018
53 Bangladesh 2,940,222,000.00 2018
54 Lebanon 2,879,826,000.00 2018
55 Costa Rica 2,763,898,000.00 2018
56 Dominican Republic 2,744,500,000.00 2018
57 Uruguay 2,702,455,000.00 2018
58 Mozambique 2,678,191,000.00 2018
59 Bulgaria 2,579,940,000.00 2018
60 Slovak Republic 2,551,746,000.00 2018
61 Ukraine 2,476,000,000.00 2018
62 Pakistan 2,354,000,000.00 2018
63 Nigeria 1,997,485,000.00 2018
64 Turkmenistan 1,985,147,000.00 2018
65 Mongolia 1,951,528,000.00 2018
66 Kenya 1,625,922,000.00 2018
67 Sri Lanka 1,610,544,000.00 2018
68 New Zealand 1,610,223,000.00 2018
69 Slovenia 1,523,857,000.00 2018
70 Bahrain 1,515,160,000.00 2018
71 Algeria 1,506,317,000.00 2018
72 Belarus 1,474,900,000.00 2018
73 Syrian Arab Republic 1,469,197,000.00 2010
74 Ecuador 1,407,713,000.00 2018
75 Azerbaijan 1,402,998,000.00 2018
76 Honduras 1,362,172,000.00 2018
77 Uganda 1,337,128,000.00 2018
78 Lao PDR 1,319,610,000.00 2018
79 Myanmar 1,291,196,000.00 2018
80 Dem. Rep. Congo 1,284,643,000.00 2018
81 Croatia 1,284,361,000.00 2018
82 Albania 1,207,046,000.00 2018
83 Estonia 1,190,718,000.00 2018
84 Georgia 1,184,094,000.00 2018
85 Sudan 1,135,787,000.00 2018
86 Macao SAR, China 1,113,408,000.00 2018
87 Tanzania 1,104,800,000.00 2018
88 Guatemala 1,056,000,000.00 2018
89 Tunisia 988,942,900.00 2018
90 Venezuela 956,000,000.00 2018
91 Jordan 949,859,100.00 2018
92 The Bahamas 942,800,000.00 2018
93 Côte d'Ivoire 912,856,300.00 2018
94 New Caledonia 874,392,400.00 2018
95 Lithuania 867,618,600.00 2018
96 Gabon 845,753,000.00 2018
97 Jamaica 774,620,600.00 2018
98 Zimbabwe 744,637,200.00 2018
99 Cameroon 701,744,000.00 2018
100 North Macedonia 674,504,000.00 2018
101 Chad 662,206,600.00 2018
102 Senegal 629,312,400.00 2018
103 Uzbekistan 624,293,400.00 2018
104 Madagascar 612,036,400.00 2018
105 Sierra Leone 599,000,000.00 2018
106 Brunei 511,497,200.00 2018
107 Paraguay 505,035,900.00 2018
108 Guyana 494,797,700.00 2018
109 Montenegro 485,645,700.00 2018
110 Bosnia and Herzegovina 485,496,700.00 2018
111 Burkina Faso 480,001,700.00 2018
112 Niger 460,141,600.00 2018
113 El Salvador 426,819,800.00 2018
114 Latvia 423,271,500.00 2018
115 Somalia 409,000,000.00 2018
116 Zambia 408,438,500.00 2018
117 Equatorial Guinea 395,884,400.00 2018
118 Mauritius 371,518,200.00 2018
119 Mali 365,917,200.00 2018
120 Nicaragua 359,200,000.00 2018
121 Guinea 352,760,000.00 2018
122 Fiji 341,230,800.00 2018
123 Papua New Guinea 335,186,800.00 2018
124 Rwanda 305,520,700.00 2018
125 Djibouti 265,000,000.00 2018
126 Bolivia 255,082,900.00 2018
127 Armenia 254,146,200.00 2018
128 Moldova 231,960,000.00 2018
129 Botswana 228,718,300.00 2018
130 Tajikistan 220,862,200.00 2018
131 Kazakhstan 208,064,600.00 2018
132 Benin 207,510,800.00 2018
133 Suriname 202,003,300.00 2018
134 Barbados 195,096,000.00 2018
135 Namibia 175,382,500.00 2018
136 Nepal 160,771,100.00 2018
137 Afghanistan 139,200,000.00 2018
138 St. Lucia 135,135,600.00 2018
139 Grenada 126,990,700.00 2018
140 Liberia 122,200,000.00 2018
141 Belize 119,541,600.00 2018
142 Antigua and Barbuda 116,493,700.00 2018
143 Haiti 105,000,000.00 2018
144 Togo 101,981,200.00 2018
145 Cabo Verde 101,979,200.00 2018
146 Malawi 101,614,900.00 2018
147 St. Vincent and the Grenadines 100,469,600.00 2018
148 St. Kitts and Nevis 84,843,000.00 2018
149 Mauritania 70,755,020.00 2018
150 Eritrea 61,015,000.00 2018
151 Dem. People's Rep. Korea 51,973,000.00 2018
152 Timor-Leste 47,926,000.00 2018
153 Kyrgyz Republic 46,599,800.00 2018
154 Seychelles 43,933,530.00 2018
155 Lesotho 39,585,270.00 2018
156 Vanuatu 38,000,000.00 2018
157 São Tomé and Principe 30,822,230.00 2018
158 The Gambia 29,146,670.00 2018
159 Eswatini 25,417,590.00 2018
160 Palau 21,500,000.00 2018
161 Central African Republic 17,994,740.00 2018
162 Guinea-Bissau 17,339,630.00 2018
163 Samoa 16,722,200.00 2018
164 Tonga 15,047,470.00 2018
165 Solomon Islands 12,057,230.00 2018
166 Comoros 7,886,497.00 2018
167 Bhutan 2,649,713.00 2018
168 Burundi 983,747.10 2018
169 Kiribati 591,000.00 2018
170 Tuvalu 298,862.10 2018
171 Libya 0.00 2018
171 Nauru 0.00 2016
173 Kuwait -21,377,570.00 2018
174 Dominica -37,178,150.00 2018
175 Trinidad and Tobago -180,147,100.00 2018
176 Yemen -282,098,300.00 2018
177 Cyprus -332,970,100.00 2018
178 Iceland -469,048,700.00 2018
179 Qatar -2,186,264,000.00 2018
180 Finland -4,878,402,000.00 2018
181 Iraq -4,885,100,000.00 2018
182 Luxembourg -5,615,033,000.00 2018
183 Angola -5,732,491,000.00 2018
184 Norway -19,061,360,000.00 2018
185 Belgium -64,050,590,000.00 2018
186 Switzerland -67,677,220,000.00 2018
187 Hungary -72,821,100,000.00 2018
188 Liechtenstein -87,212,100,000.00 2018
189 Netherlands -239,270,000,000.00 2018

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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).