Investment abroad. By geographical areas
| Year-over-year variation | ||||
|---|---|---|---|---|
| Value | Absolute | % quarter | % accumulated | |
| Total | 894.2 | 785.4 | .. Confidential data, low reliability or not available | .. Confidential data, low reliability or not available |
| OECD | 817.2 | 725.2 | .. Confidential data, low reliability or not available | .. Confidential data, low reliability or not available |
| European Union (EU-27) | 169.8 | 142.6 | .. Confidential data, low reliability or not available | 456.7 |
| North America | 35.3 | -17.3 | -32.9 | -31.4 |
| Latin America | 66.2 | 49.9 | 306.3 | .. Confidential data, low reliability or not available |
| Rest of America | 0.0 | 0.0 | .. Confidential data, low reliability or not available | .. Confidential data, low reliability or not available |
| Asia and Oceania | 10.9 | 5.6 | 107.2 | 16.0 |
| Africa | 0.0 | -0.1 | -100.0 | -99.1 |
| Tax havens | 0.0 | 0.0 | -100.0 | -100.0 |
| Units: Milions d'euros. | ||||
| Source: Idescat, based on data from the Ministry of Economy and Business Affairs. | ||||
| (..) Confidential data, low reliability or not available. | ||||
| Year-over-year variation | ||||
|---|---|---|---|---|
| Value | Absolute | % quarter | % accumulated | |
| Total | 7,354.0 | 1,276.2 | 21.0 | 29.3 |
| OECD | 6,959.7 | 1,959.3 | 39.2 | 44.9 |
| European Union (EU-27) | 3,075.5 | 614.9 | 25.0 | 42.5 |
| North America | 1,351.5 | -654.7 | -32.6 | -62.7 |
| Latin America | 2,196.2 | 1,118.7 | 103.8 | 48.4 |
| Rest of America | 9.8 | 9.8 | .. Confidential data, low reliability or not available | .. Confidential data, low reliability or not available |
| Asia and Oceania | 39.7 | 23.0 | 137.2 | -25.1 |
| Africa | 1.9 | -0.8 | -29.8 | -46.9 |
| Tax havens | 0.0 | -342.9 | -100.0 | -99.2 |
| Units: Milions d'euros. | ||||
| Source: Idescat, based on data from the Ministry of Economy and Business Affairs. | ||||
| (..) Confidential data, low reliability or not available. | ||||
Last update: September 23, 2024. Next update: December 20, 2024
Methodological note
The definition of direct foreign investment basically follows the recommendations of the International Monetary Fund (5th Balance of Payments Manual) and the OCDE (Benchmark Definition).
The data is based on that declared by investors pursuant to Act 19/2003, dated 4 July, on the legal system for capital movements and economic transactions abroad and measures to prevent money laundering, and the regulations that further implement it (Royal Decree 664/1999, Ministerial Order dated 28 May 2001 and Ministerial Ruling dated 21 February 2002). They do not include financing between companies, reinvested profits (save in the case of capitalisation of loans and/or profits) and investment in real estate.
Gross investment includes direct investment declared to the Foreign Investment Registry (FIR) of non-residents which entails:
- holdings in unlisted companies domiciled abroad
- holdings in listed companies domiciled abroad (over 10% of capital)
- setting up or expansion of branches
- other forms of investment contracts or entities registered abroad (foundations, cooperatives, economic interest groups), in which the invested capital exceeds EUR 1,502,530.26
Excluded from the data are foreign share holding companies (ETVEs). ETVEs are holding companies set up in Spain whose sole purpose is to hold shares in companies located abroad.
Foreign investment is obtained from official data published by the Ministry of Industry, Trade and Tourism from the Statistics on Foreign Investment in Spain and Spanish Investment Abroad. The data are provisional, given that in the corresponding quarterly updates, information referring to previous periods is modified as a result of operations which were declared in the last period but carried out prior to this.
For each new period published, Idescat updates and reviews the information published by the Ministry of Industry, Trade and Tourism for the last 10 years.