Total FDI outflows — Value US$, 2015 prices by country

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...

Countries reporting
181
Highest
201,907 million USD
Japan
Lowest
-113,863 million USD
Netherlands (Kingdom of the)
Median
59.06 million USD
Years covered
34
1990–2023
Data points
6,043

What the numbers show

Total FDI outflows — Value US$, 2015 prices is currently reported for 181 countries. The highest value is 201,907 million USD in Japan; the lowest is -113,863 million USD in Netherlands (Kingdom of the).

The median across all reporting countries is 59.06 million USD, and the mean is 6,450 million USD.

The gap between the highest and lowest reporting country is a factor of about 2.

Over the past decade 95 countries rose and 86 fell. The largest increase was in Kyrgyzstan (up 14,998.1%), and the largest decrease in Namibia (down 5,970.1%).

Total FDI outflows — Value US$, 2015 prices: full country ranking

#Country LatestYear 10-year changeTrend
1 Japan 201,907 million USD 2023 up 77.7% volatile
2 China, mainland 134,749 million USD 2023 up 24.3% volatile
3 Switzerland 94,403 million USD 2023 up 159.3% volatile
4 China, Hong Kong SAR 89,476 million USD 2023 up 3.9% volatile
5 Germany 82,280 million USD 2023 up 140.2% volatile
6 Canada 74,792 million USD 2023 up 60.3% rising
7 Caribbean 65,038 million USD 2023 down 32.4% volatile
8 France 63,404 million USD 2023 up 266.2% volatile
9 Singapore 51,491 million USD 2023 up 21.5% volatile
10 Sweden 46,852 million USD 2023 up 92.8% volatile
11 British Virgin Islands 45,942 million USD 2023 down 40.2% volatile
12 Republic of Korea 35,577 million USD 2023 up 12.1% volatile
13 Brazil 27,380 million USD 2023 up 3,186.6% volatile
14 Spain 25,916 million USD 2023 up 116.3% volatile
15 Russian Federation 22,205 million USD 2023 down 47.8% volatile
16 United Arab Emirates 19,757 million USD 2023 up 169.1% volatile
17 Cayman Islands 17,499 million USD 2023 down 9.4% volatile
18 Malta 17,172 million USD 2023 up 624.0% volatile
19 Denmark 12,160 million USD 2023 up 104.1% volatile
20 India 12,061 million USD 2023 down 6.1% volatile
21 Italy 11,517 million USD 2023 down 46.2% volatile
22 Saudi Arabia 11,465 million USD 2023 up 184.4% volatile
23 Belgium 9,993 million USD 2023 down 71.3% volatile
24 Thailand 9,240 million USD 2023 down 16.8% volatile
25 Israel 8,141 million USD 2023 up 54.6% volatile
26 Poland 8,115 million USD 2023 up 806.4% volatile
27 Kuwait 8,100 million USD 2023 down 25.2% volatile
28 Australia 7,941 million USD 2023 up 617.1% volatile
29 Austria 7,782 million USD 2023 down 42.8% volatile
30 Malaysia 7,666 million USD 2023 down 35.1% volatile
31 Norway 7,517 million USD 2023 up 15.1% volatile
32 Australia and New Zealand 7,230 million USD 2023 up 362.0% volatile
33 Türkiye 6,393 million USD 2023 up 143.8% volatile
34 Indonesia 6,079 million USD 2023 up 6.8% volatile
35 Mexico 4,768 million USD 2023 down 64.5% volatile
36 Chile 4,708 million USD 2023 down 61.4% volatile
37 Czechia 4,590 million USD 2023 up 38.6% volatile
38 Venezuela (Bolivarian Republic of) 3,885 million USD 2023 up 403.1% volatile
39 Greece 3,579 million USD 2023 up 657.8% volatile
40 Portugal 2,969 million USD 2023 up 3,013.5% volatile
41 Hungary 2,420 million USD 2023 up 46.0% volatile
42 Argentina 2,396 million USD 2023 up 156.4% volatile
43 United Kingdom of Great Britain and Northern Ireland 1,931 million USD 2023 down 95.2% volatile
44 Azerbaijan 1,485 million USD 2023 up 44.7% volatile
45 China, Macao SAR 1,417 million USD 2023 down 25.6% volatile
46 Philippines 1,232 million USD 2023 down 64.6% volatile
47 Colombia 1,194 million USD 2023 down 78.1% volatile
48 Finland 1,175 million USD 2023 up 159.0% volatile
49 Estonia 1,007 million USD 2023 up 124.7% volatile
50 Bahrain 947.76 million USD 2023 up 99.7% volatile
51 Croatia 936.2 million USD 2023 up 1,665.3% volatile
52 Kazakhstan 834.27 million USD 2023 down 50.6% volatile
53 Morocco 833.59 million USD 2023 up 185.4% volatile
54 Trinidad and Tobago 792.54 million USD 2023 up 1,288.0% volatile
55 Peru 748.88 million USD 2023 up 70.4% volatile
56 Lithuania 701.8 million USD 2023 up 531.0% volatile
57 Melanesia 574.32 million USD 2023 up 867.3% volatile
58 Egypt 563.49 million USD 2023 up 71.4% volatile
59 Kenya 546.71 million USD 2023 up 2,208.8% volatile
60 Guatemala 526.97 million USD 2023 up 1,503.2% volatile
61 Papua New Guinea 492.63 million USD 2023 up 783.4% volatile
62 Slovenia 430.66 million USD 2023 up 336.6% volatile
63 Panama 428.57 million USD 2023 up 21.3% volatile
64 Latvia 421.36 million USD 2023 up 20.1% volatile
65 Nigeria 387.32 million USD 2023 down 64.4% volatile
66 Bahamas 380.49 million USD 2023 up 27.4% volatile
67 Bulgaria 370.14 million USD 2023 up 99.8% volatile
68 Dominican Republic 297.72 million USD 2023 up 176.8% volatile
69 Lebanon 294.16 million USD 2023 down 85.6% volatile
70 Iraq 225.16 million USD 2023 up 46.4% volatile
71 Bolivia (Plurinational State of) 219.65 million USD 2023 up 795.5% volatile
72 Serbia 208.46 million USD 2023 down 24.4% volatile
73 Democratic Republic of the Congo 203.75 million USD 2023 down 48.7% volatile
74 Côte d'Ivoire 199.16 million USD 2023 up 3,577.7% volatile
75 Mozambique 172.52 million USD 2023 down 59.5% volatile
76 Albania 170.59 million USD 2023 up 400.1% volatile
77 Honduras 160.75 million USD 2023 up 122.7% volatile
78 Zambia 154.58 million USD 2023 down 48.2% volatile
79 Oman 133.23 million USD 2023 up 159.1% volatile
80 Cambodia 125.43 million USD 2023 up 94.9% volatile
81 Iran (Islamic Republic of) 112.06 million USD 2023 down 15.2% volatile
82 Madagascar 106.38 million USD 2023 up 697.4% volatile
83 Aruba 84.59 million USD 2023 up 1,621.9% volatile
84 North Macedonia 78.91 million USD 2023 up 201.1% volatile
85 Senegal 76.83 million USD 2023 up 177.4% volatile
86 Algeria 76.42 million USD 2023 up 138.7% volatile
87 Costa Rica 74.91 million USD 2023 down 91.0% volatile
88 Liberia 74.47 million USD 2023 down 81.0% volatile
89 Netherlands Antilles (former) 70.09 million USD 2006 up 5,881.5% volatile
90 Slovakia 69.83 million USD 2023 up 126.8% volatile
91 Mongolia 59.06 million USD 2023 up 70.4% volatile
92 Jordan 57.34 million USD 2023 up 247.0% volatile
93 Ghana 52.11 million USD 2023 up 690.7% volatile
94 Tajikistan 49.58 million USD 2023 up 11.7% volatile
95 Benin 44.34 million USD 2023 down 9.9% volatile
96 Montenegro 43.71 million USD 2023 up 191.2% volatile
97 New Caledonia 43.68 million USD 2023 down 15.2% volatile
98 Pakistan 42.73 million USD 2023 down 81.8% volatile
99 Angola 40.56 million USD 2023 down 94.5% volatile
100 Tunisia 39.99 million USD 2023 up 107.0% volatile
101 Georgia 38.16 million USD 2023 down 60.6% volatile
102 Bosnia and Herzegovina 36.39 million USD 2023 down 4.3% volatile
103 Niger 35.34 million USD 2023 down 58.6% volatile
104 Afghanistan 34.76 million USD 2021 up 3,182.4% volatile
105 Sri Lanka 34.64 million USD 2023 down 46.6% volatile
106 Armenia 34.29 million USD 2023 up 27.8% volatile
107 Malawi 28.27 million USD 2023 up 715.2% volatile
108 Fiji 28.1 million USD 2023 up 531.8% volatile
109 Bangladesh 27.32 million USD 2023 down 27.7% volatile
110 Romania 27.08 million USD 2023 up 111.1% volatile
111 Nicaragua 26.55 million USD 2023 down 83.3% volatile
112 Palestine 25.97 million USD 2023 down 46.2% volatile
113 El Salvador 23.94 million USD 2023 up 693.9% volatile
114 Mali 22.52 million USD 2023 up 824.3% volatile
115 Belarus 19.32 million USD 2023 down 98.8% volatile
116 Bermuda 18.91 million USD 2023 down 64.3% volatile
117 Congo 18.52 million USD 2023 up 312.0% volatile
118 Grenada 18.05 million USD 2023 up 26.9% volatile
119 Ukraine 17.97 million USD 2023 down 66.8% volatile
120 Uzbekistan 17.09 million USD 2023 up 284.8% volatile
121 Mauritius 16.03 million USD 2023 down 91.4% volatile
122 Polynesia 15.34 million USD 2023 down 75.6% volatile
123 French Polynesia 14.75 million USD 2023 down 73.7% volatile
124 Antigua and Barbuda 12.53 million USD 2023 down 1.8% volatile
125 Curaçao 8.54 million USD 2023 down 68.3% volatile
126 Guyana 7.8 million USD 2023 down 69.7% volatile
127 Republic of Moldova 6.64 million USD 2023 down 61.8% volatile
128 Solomon Islands 6.4 million USD 2023 up 115.4% volatile
129 Barbados 6.26 million USD 2023 down 84.1% volatile
130 Libya 5.08 million USD 2013 down 96.5% volatile
131 Yemen 4.87 million USD 2019 down 95.9% volatile
132 Burkina Faso 4.25 million USD 2023 down 91.0% volatile
133 United Republic of Tanzania 3.55 million USD 2003 up 56.4% volatile
134 Vanuatu 3.52 million USD 2023 up 681.8% volatile
135 Anguilla 3.38 million USD 2023 up 115.1% volatile
136 Zimbabwe 2.59 million USD 2023 down 90.4% volatile
137 Saint Lucia 2.38 million USD 2023 up 102.7% volatile
138 Belize 1.8 million USD 2023 up 160.5% volatile
139 Sint Maarten (Dutch part) 1.59 million USD 2023 down 22.2% volatile
140 Burundi 1.5 million USD 2023 up 713.2% volatile
141 Kyrgyzstan 1.04 million USD 2023 up 14,998.1% volatile
142 Cook Islands 0.3359 million USD 2023 up 47.3% rising
143 Uganda 0.2961 million USD 2023 down 99.4% volatile
144 Tonga 0.252 million USD 2023 down 96.2% volatile
145 Guinea-Bissau 0.2138 million USD 2023 up 12,328.4% volatile
146 Mauritania 0.0916 million USD 2023 down 99.4% volatile
147 Kiribati 0.0867 million USD 2023 down 35.0% volatile
147 Micronesia 0.0867 million USD 2023 down 35.0% volatile
149 Guinea 0.0526 million USD 2023 up 106.2% volatile
150 Lao People's Democratic Republic 0.0089 million USD 2022 up 100.0% volatile
151 Rwanda 0.001 million USD 2023 down 100.0% volatile
152 Samoa -0.0004 million USD 2023 down 100.5% volatile
153 Gambia -0.501 million USD 2023 up 99.0% volatile
154 Equatorial Guinea -0.5749 million USD 2022 down 145.4% volatile
155 Dominica -0.6765 million USD 2023 down 178.6% volatile
156 Haiti -1.43 million USD 1999 up 90.6% volatile
157 Seychelles -1.77 million USD 2023 down 112.3% volatile
158 Sao Tome and Principe -2.27 million USD 2023 down 363.3% volatile
159 Saint Kitts and Nevis -2.67 million USD 2023 down 124.7% volatile
160 Saint Vincent and the Grenadines -2.82 million USD 2023 down 143.1% volatile
161 Chad -3.94 million USD 1999 down 4,956.1% volatile
162 Jamaica -4.26 million USD 2023 down 105.8% volatile
163 Cabo Verde -6.49 million USD 2023 up 76.3% volatile
164 Sierra Leone -12.25 million USD 2005 down 998.3% volatile
165 Timor-Leste -14.03 million USD 2023 down 204.1% volatile
166 Eswatini -25.11 million USD 2023 down 561.4% volatile
167 Gabon -30.92 million USD 2019 down 113.2% volatile
168 Botswana -35.59 million USD 2023 down 144.6% volatile
169 Togo -55.76 million USD 2023 down 214.4% volatile
170 Paraguay -88.52 million USD 2023 down 134.0% volatile
171 Cameroon -93.94 million USD 2023 up 20.1% volatile
172 Iceland -133.78 million USD 2023 down 128.4% volatile
173 Qatar -142.1 million USD 2023 down 102.4% volatile
174 Namibia -291.28 million USD 2023 down 5,970.1% volatile
175 Uruguay -653.61 million USD 2023 down 160.7% volatile
176 New Zealand -711.01 million USD 2023 down 255.4% volatile
177 Viet Nam -836.63 million USD 2023 down 143.5% volatile
178 Cyprus -1,626 million USD 2023 down 107.6% volatile
179 Ireland -5,835 million USD 2023 down 122.1% volatile
180 Luxembourg -19,561 million USD 2023 down 147.8% volatile
181 Netherlands (Kingdom of the) -113,863 million USD 2023 down 293.5% volatile

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

About this data

Indicator
Total FDI outflows — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
213 places, 6,043 data points, 1990–2023
Last refreshed

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.