Australia vs Western Africa: Total FDI outflows — Value US$, 2015 prices
Total FDI outflows — Value US$, 2015 prices over time
- Australia
- Western Africa
How they compare
Australia currently reports 7,941 million USD against 833.95 million USD in Western Africa, a difference of 7,107 million USD.
That makes Australia's figure about 9.5 times Western Africa's.
The two have swapped places 13 times across 34 shared years of data; in 1990 it was Western Africa ahead.
Australia ranks 27th and Western Africa ranks 26th of 167 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Western Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4,425 million USD | 1,047 million USD | 3,378 million USD | Australia |
| 2000s | 13,272 million USD | 1,203 million USD | 12,070 million USD | Australia |
| 2010s | 5,544 million USD | 1,923 million USD | 3,621 million USD | Australia |
| 2020s | 28,295 million USD | 2,377 million USD | 25,918 million USD | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total fdi outflows — value us$, 2015 prices, Australia or Western Africa?
- Australia, at 7,941 million USD against 833.95 million USD in Western Africa as of 2023.
- What is the difference in total fdi outflows — value us$, 2015 prices between Australia and Western Africa?
- 7,107 million USD, with Australia ahead.
- How many years of comparable data are there for Australia and Western Africa?
- 34 years are reported by both, from 1990 to 2023.
- How do Australia and Western Africa rank globally for total fdi outflows — value us$, 2015 prices?
- Australia ranks 27th and Western Africa ranks 26th of 167 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total FDI outflows — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.