Bermuda

EU FDI outflows down, inflows up


By added on 25/06/2010

In 2009, foreign direct investment (FDI) by the EU27 in non-EU countries (outflows) fell by 24 per cent, from €348 billion in 2008 to €263 billion in 2009, according to Europolitics.

In the same year, FDI in the EU27 by the rest of the world (inflows) increased by 12 per cent, from €199 billion to €222 billion. These figures were published, on 24 June, by Eurostat (1). The EU27 nevertheless remains a net investor in the rest of the world, since outflows exceed inflows by €42 billion. The surplus has dropped, however, from €149 in 2008.

The main destination for EU27 investments in the rest of the world remained the US, although they fell from €121 billion in 2008 to €69 billion in 2009. EU27 investments also fell in Russia (from €26 billion to disinvestment of €1 billion), Canada (from €8 billion to €3 billion), Hong Kong and Japan. Investments grew with offshore financial centres (2)(from €39 billion to €60 billion), Switzerland (from €34 billion to €45 billion) and Brazil.

The United States was also the main source of investments in the EU27 (from €50 billion in 2008 to €97 billion in 2009, 40 per cent of the total). Investments also increased from offshore financial centres (from €20 billion to €40 billion), and Switzerland (from €11 billion to €32 billion). Investments from Canada declined (from €15 billion to €11 billion), as did those from Brazil (from €11 billion to €3 billion) and Japan (from €7 billion to a disinvestment of €2 billion).Luxembourg, the United Kingdom and France were the main actors in extra-EU27 FDI flows.


(1) Statistics in Focus 29/2010 'Foreign direct investment flows hit by the crisis' at http://epp.eurostat.ec.europa.eu
(2) 38 countries like Liechtenstein, Guernsey, Jersey, Andorra, Bermuda or Hong Kong.