Foreign direct investment, net inflows (% of GDP) - Country Ranking

Definition: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.

Source: International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Cayman Islands 466.56 2006
2 Hungary 54.61 2016
3 Luxembourg 45.81 2016
4 Hong Kong SAR, China 36.49 2016
5 Mozambique 28.40 2016
6 Ireland 25.97 2016
7 Congo 25.61 2016
8 Malta 22.17 2016
9 Liberia 21.57 2016
10 Singapore 20.74 2016
11 Netherlands 19.81 2016
12 Guinea 18.43 2016
13 Sierra Leone 13.81 2016
14 Cyprus 13.01 2016
15 Turkmenistan 12.50 2016
16 Kazakhstan 12.37 2016
17 St. Vincent and the Grenadines 11.90 2016
18 Azerbaijan 11.89 2016
19 Cambodia 11.43 2016
20 United Kingdom 11.07 2016
21 Georgia 11.05 2016
22 Panama 10.86 2016
23 Palau 9.94 2016
24 St. Kitts and Nevis 9.28 2016
25 Albania 9.17 2016
26 Grenada 8.64 2016
27 Ghana 8.16 2016
28 Belgium 7.91 2016
29 Zambia 7.48 2016
30 Djibouti 7.18 2015
31 Kyrgyz Republic 7.12 2016
32 Cabo Verde 7.06 2016
33 Nicaragua 6.71 2016
34 Jamaica 6.60 2016
35 São Tomé and Principe 6.46 2016
36 Lao PDR 6.27 2016
37 Vietnam 6.14 2016
38 Seychelles 6.05 2016
39 Serbia 6.01 2016
40 Malawi 5.99 2016
41 Chad 5.83 2016
42 Togo 5.79 2016
43 St. Lucia 5.76 2016
44 Fiji 5.73 2016
45 Mauritania 5.72 2016
46 Ethiopia 5.51 2016
47 Somalia 5.45 2016
48 Dominica 5.44 2016
49 Madagascar 5.41 2016
50 Suriname 5.32 2016
51 Lebanon 5.26 2016
52 Honduras 5.25 2016
53 Myanmar 5.18 2016
54 Montenegro 5.18 2016
55 Costa Rica 5.11 2016
56 Barbados 5.04 2016
57 Macedonia 5.04 2016
58 Tajikistan 4.95 2016
59 Chile 4.95 2016
60 Gabon 4.95 2016
61 Colombia 4.86 2016
62 Malaysia 4.56 2016
63 Portugal 4.50 2016
64 Brazil 4.35 2016
65 Angola 4.31 2016
66 Vanuatu 4.18 2015
67 Jordan 3.98 2016
68 Slovak Republic 3.95 2016
69 Niger 3.89 2016
70 Dem. Rep. Congo 3.77 2016
71 Israel 3.75 2016
72 Ukraine 3.69 2016
73 Croatia 3.68 2016
74 Peru 3.57 2016
75 Poland 3.56 2016
76 Dominican Republic 3.52 2016
77 Lesotho 3.51 2016
78 Australia 3.49 2016
79 Antigua and Barbuda 3.35 2016
80 Czech Republic 3.33 2016
81 Slovenia 3.27 2016
82 Mexico 3.24 2016
83 Armenia 3.20 2016
84 Estonia 3.18 2016
85 Solomon Islands 3.11 2016
86 Syrian Arab Republic 3.07 2007
87 Rwanda 3.04 2016
88 Sweden 2.98 2016
89 Tanzania 2.88 2016
90 Mauritius 2.87 2016
91 Romania 2.86 2016
92 Namibia 2.75 2016
93 Senegal 2.68 2016
94 Burkina Faso 2.64 2016
95 Belarus 2.63 2016
96 Philippines 2.62 2016
97 Spain 2.60 2016
98 United Arab Emirates 2.58 2016
99 United States 2.57 2016
100 Russia 2.54 2016
101 Oman 2.54 2016
102 Egypt 2.44 2016
103 Libya 2.39 2010
104 Lithuania 2.25 2016
105 Morocco 2.24 2016
106 Bulgaria 2.21 2016
107 Tonga 2.21 2016
108 Uganda 2.17 2016
109 Canada 2.10 2016
110 Denmark 2.09 2016
111 Zimbabwe 2.06 2016
112 India 1.96 2016
113 Belize 1.88 2016
114 Benin 1.87 2016
115 El Salvador 1.82 2016
116 Central African Republic 1.78 2016
117 Guatemala 1.71 2016
118 Guinea-Bissau 1.68 2016
119 Guyana 1.66 2016
120 Tunisia 1.65 2016
121 Bosnia and Herzegovina 1.61 2016
122 Greece 1.59 2016
123 China 1.52 2016
124 Germany 1.51 2016
125 Paraguay 1.50 2016
126 Eritrea 1.50 2011
127 France 1.44 2016
128 Turkey 1.42 2016
129 Moldova 1.35 2016
130 Côte d'Ivoire 1.32 2016
131 Haiti 1.31 2016
132 Comoros 1.30 2016
133 Saudi Arabia 1.15 2016
134 Kiribati 1.14 2016
135 Sudan 1.11 2016
136 Sri Lanka 1.10 2016
137 Nigeria 1.10 2016
138 New Zealand 1.05 2016
139 Algeria 1.03 2016
140 Italy 0.99 2016
141 Bolivia 0.98 2016
142 Mali 0.89 2016
143 Latvia 0.88 2016
144 Bahrain 0.88 2016
145 Bangladesh 0.86 2016
146 Pakistan 0.83 2016
147 Iran 0.80 2016
148 Korea 0.77 2016
149 Ecuador 0.77 2016
150 South Africa 0.76 2016
151 Thailand 0.75 2016
152 Swaziland 0.73 2016
153 Japan 0.71 2016
154 Macao SAR, China 0.69 2016
155 The Bahamas 0.65 2016
156 Tuvalu 0.65 2016
157 Argentina 0.60 2016
158 Kenya 0.56 2016
159 Afghanistan 0.51 2016
160 Qatar 0.51 2016
161 Equatorial Guinea 0.51 2016
162 Nepal 0.50 2016
163 Indonesia 0.44 2016
164 Cameroon 0.40 2016
165 Bhutan 0.36 2016
166 Timor-Leste 0.31 2016
167 Samoa 0.30 2016
168 Kuwait 0.26 2016
169 Venezuela 0.24 2014
170 Uzbekistan 0.10 2016
171 Iraq 0.09 2016
172 Botswana 0.07 2016
173 Burundi 0.00 2016
174 Nauru 0.00 2016
175 The Gambia -0.16 2016
176 Papua New Guinea -0.20 2016
177 Trinidad and Tobago -0.33 2016
178 Uruguay -0.61 2016
179 Brunei -1.32 2016
180 New Caledonia -1.51 2000
181 Yemen -2.05 2016
182 Switzerland -2.65 2016
183 Finland -4.00 2016
184 Norway -4.43 2016
185 Iceland -5.90 2016
186 Austria -7.66 2016
187 Mongolia -37.17 2016

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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: Weighted average

Periodicity: Annual

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