Portfolio equity, net inflows (BoP, current US$) - Country Ranking

Definition: Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments database, and World Bank, International Debt Statistics.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Luxembourg 225,308,000,000.00 2018
2 Ireland 150,919,000,000.00 2018
3 United States 142,397,000,000.00 2018
4 China 60,667,930,000.00 2018
5 Canada 20,349,350,000.00 2018
6 Finland 10,504,750,000.00 2018
7 United Kingdom 8,680,357,000.00 2018
8 South Africa 2,944,652,000.00 2018
9 Nigeria 2,919,407,000.00 2017
10 Mexico 2,421,181,000.00 2018
11 Qatar 2,267,033,000.00 2018
12 Cyprus 2,187,660,000.00 2018
13 New Zealand 1,619,275,000.00 2018
14 Norway 1,144,314,000.00 2018
15 Germany 1,139,139,000.00 2018
16 Bahrain 981,914,900.00 2011
17 Poland 864,000,000.00 2018
18 Slovenia 614,657,700.00 2018
19 Kuwait 410,120,800.00 2018
20 Egypt 220,300,000.00 2018
21 Iceland 208,136,400.00 2018
22 Malta 182,640,100.00 2018
23 Jamaica 180,976,200.00 2018
24 Vietnam 134,000,000.00 2015
25 Bulgaria 101,530,000.00 2018
26 Hungary 80,096,660.00 2018
27 Uganda 49,212,150.00 2018
28 Sweden 46,479,960.00 2018
29 Costa Rica 43,891,060.00 2018
30 Jordan 41,267,600.00 2018
31 Croatia 33,419,670.00 2018
32 Burkina Faso 28,247,610.00 2017
33 Côte d'Ivoire 23,988,200.00 2017
34 Bolivia 22,409,830.00 2018
35 Slovak Republic 19,041,190.00 2018
36 Ghana 18,140,000.00 2010
37 Benin 17,485,300.00 2017
38 Niger 16,306,630.00 2017
39 Latvia 16,201,550.00 2018
40 Uzbekistan 13,013,750.00 2018
41 Senegal 12,609,120.00 2017
42 Iraq 9,200,000.00 2018
43 Ecuador 5,940,523.00 2018
44 Venezuela 5,000,000.00 2015
45 Eswatini 4,739,646.00 2010
46 Georgia 4,453,498.00 2018
47 Gabon 4,384,145.00 2015
48 Tanzania 3,878,321.00 2017
49 Belarus 3,000,000.00 2018
50 Mali 2,387,447.00 2017
51 Sudan 2,307,784.00 2014
52 Namibia 2,194,249.00 2018
53 Lao PDR 1,805,012.00 2018
54 Seychelles 1,744,800.00 2018
55 Burundi 1,489,054.00 2014
56 Congo 1,235,804.00 2014
57 St. Lucia 802,607.80 2017
58 Malawi 476,801.70 2017
59 Armenia 469,197.90 2018
60 Rwanda 352,476.30 2018
61 St. Kitts and Nevis 320,391.50 2017
62 Lesotho 252,114.50 2018
63 Honduras 200,000.00 2004
64 Sierra Leone 125,173.60 2011
65 Dominica 111,366.50 2017
66 Azerbaijan 12,000.00 2018
67 Tajikistan 1,330.00 2018
68 São Tomé and Principe 22.65 2018
69 Syrian Arab Republic 0.00 2009
69 Solomon Islands 0.00 2018
69 Somalia 0.00 1989
69 Guyana 0.00 2016
69 Haiti 0.00 2012
69 Myanmar 0.00 2018
69 Timor-Leste 0.00 2017
69 Belize 0.00 2018
69 Brunei 0.00 2018
69 Cambodia 0.00 2018
69 Kiribati 0.00 1984
69 Libya 0.00 2016
69 Papua New Guinea 0.00 2017
69 El Salvador 0.00 2018
69 Iran 0.00 2000
69 New Caledonia 0.00 2007
69 Paraguay 0.00 2007
69 Suriname 0.00 2018
69 Yemen 0.00 2016
69 Algeria 0.00 2013
69 Grenada 0.00 2017
69 Afghanistan 0.00 2017
69 Guatemala 0.00 2007
69 Kyrgyz Republic 0.00 2018
69 Vanuatu 0.00 2009
69 Dominican Republic 0.00 2018
69 Bhutan 0.00 2018
69 Cabo Verde 0.00 2018
69 Chad 0.00 1994
69 Angola 0.00 2018
69 Antigua and Barbuda 0.00 2017
69 Comoros 0.00 2012
69 The Gambia 0.00 1994
69 Samoa 0.00 2017
69 Tonga 0.00 2018
69 Madagascar 0.00 2018
69 Cameroon 0.00 2017
69 Saudi Arabia 0.00 2004
69 Panama 0.00 2018
69 Mozambique 0.00 2018
69 Mauritania 0.00 2015
69 The Bahamas 0.00 1989
69 Liberia 0.00 2017
69 Ethiopia 0.00 2011
69 Nepal 0.00 1994
69 Trinidad and Tobago 0.00 2018
69 Equatorial Guinea 0.00 1996
69 Central African Republic 0.00 1992
69 Djibouti 0.00 1994
118 Guinea-Bissau -95,587.73 2014
119 Nicaragua -300,000.00 2012
120 Montenegro -316,218.90 2018
121 Fiji -337,369.30 2004
122 Macao SAR, China -373,884.80 2017
123 Guinea -460,000.00 2018
124 Moldova -730,000.00 2018
125 St. Vincent and the Grenadines -843,308.40 2017
126 Barbados -1,006,319.00 2013
127 Bosnia and Herzegovina -1,704,377.00 2018
128 Sri Lanka -4,401,081.00 2018
129 Albania -4,492,987.00 2018
130 Zambia -5,356,156.00 2018
131 Mongolia -6,875,283.00 2018
132 Dem. Rep. Congo -7,415,371.00 2018
133 Ukraine -9,000,000.00 2018
134 Lithuania -9,884,492.00 2018
135 Uruguay -10,197,690.00 2018
136 Serbia -27,714,610.00 2018
137 North Macedonia -33,717,200.00 2018
138 Bangladesh -37,612,900.00 2018
139 Tunisia -40,840,740.00 2018
140 Estonia -75,769,550.00 2018
141 Togo -89,014,100.00 2017
142 Zimbabwe -100,881,800.00 2017
143 Kenya -112,009,400.00 2017
144 Botswana -136,516,700.00 2018
145 Greece -173,334,000.00 2018
146 Portugal -179,002,100.00 2018
147 Morocco -184,360,500.00 2018
148 Czech Republic -234,351,500.00 2018
149 Romania -280,405,400.00 2018
150 Lebanon -289,835,800.00 2017
151 Spain -318,729,700.00 2018
152 Peru -442,145,300.00 2018
153 Argentina -508,347,000.00 2018
154 Pakistan -528,000,000.00 2018
155 Colombia -823,123,100.00 2018
156 Oman -858,257,500.00 2018
157 Philippines -1,031,400,000.00 2018
158 Turkey -1,131,000,000.00 2018
159 Malaysia -1,143,301,000.00 2018
160 Kazakhstan -1,520,007,000.00 2018
161 Chile -1,556,828,000.00 2018
162 Mauritius -2,268,936,000.00 2018
163 Indonesia -3,668,291,000.00 2018
164 Austria -3,891,633,000.00 2018
165 Russia -4,163,860,000.00 2018
166 Singapore -4,247,052,000.00 2018
167 India -4,361,006,000.00 2018
168 Hong Kong SAR, China -5,042,470,000.00 2018
169 Belgium -5,124,820,000.00 2018
170 Brazil -5,630,439,000.00 2018
171 Korea -6,336,400,000.00 2018
172 Australia -6,414,345,000.00 2018
173 Thailand -7,100,204,000.00 2018
174 Israel -8,380,000,000.00 2018
175 Italy -9,019,794,000.00 2018
176 Denmark -10,813,830,000.00 2018
177 Switzerland -19,429,660,000.00 2018
178 France -20,692,050,000.00 2018
179 Japan -42,012,230,000.00 2018
180 Netherlands -54,005,150,000.00 2018

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

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: Portfolio investors typically have less of a role in the decision making of the enterprise with potentially important implications for future flows and for the volatility of the price and volume of positions. Portfolio investment differs from other investment in that it provides a direct way to access financial markets, and thus it can provide liquidity and flexibility. It is associated with financial markets and with their specialized service providers, such as exchanges, dealers, and regulators. The nature of financial derivatives as instruments through which risk is traded in its own right in financial markets sets them apart from other types of investment. Whereas other instruments may also have risk transfer elements, these other instruments also provide financial or other resources. 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). Portfolio equity investment is defined as cross-border transactions and positions involving equity securities, other than those included in direct investment or reserve assets. Equity securities are equity instruments that are negotiable and designed to be traded, usually on organized exchanges or "over the counter." The negotiability of securities facilitates trading, allowing securities to be held by different parties during their lives. Negotiability allows investors to diversify their portfolios and to withdraw their investment readily. Included in portfolio investment are investment fund shares or units (that is, those issued by investment funds) that are evidenced by securities and that are not reserve assets or direct investment. Although they are negotiable instruments, exchange-traded financial derivatives are not included in portfolio investment because they are in their own category.

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).