Total FDI outflows — Value US$ 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...
What the numbers show
Total FDI outflows — Value US$ is currently reported for 182 countries. The highest value is 184,022 million USD in Japan; the lowest is -142,185 million USD in Netherlands (Kingdom of the).
The median across all reporting countries is 68.45 million USD, and the mean is 7,082 million USD.
Over the past decade 101 countries rose and 81 fell. The largest increase was in Kyrgyzstan (up 18,172.3%), and the largest decrease in Namibia (down 5,359.2%).
Total FDI outflows — Value US$: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Japan | 184,022 million USD | 2023 | up 35.6% | volatile |
| 2 | China, mainland | 147,850 million USD | 2023 | up 37.1% | volatile |
| 3 | Switzerland | 104,954 million USD | 2023 | up 172.3% | volatile |
| 4 | China, Hong Kong SAR | 104,286 million USD | 2023 | up 29.1% | volatile |
| 5 | Germany | 101,254 million USD | 2023 | up 156.2% | volatile |
| 6 | Canada | 89,583 million USD | 2023 | up 56.2% | volatile |
| 7 | France | 72,356 million USD | 2023 | up 255.1% | volatile |
| 8 | Caribbean | 66,510 million USD | 2023 | down 24.9% | volatile |
| 9 | Singapore | 62,997 million USD | 2023 | up 39.1% | volatile |
| 10 | Sweden | 47,498 million USD | 2023 | up 56.8% | volatile |
| 11 | British Virgin Islands | 44,158 million USD | 2023 | down 36.3% | volatile |
| 12 | Republic of Korea | 34,541 million USD | 2023 | up 9.7% | volatile |
| 13 | Spain | 30,207 million USD | 2023 | up 111.2% | volatile |
| 14 | Brazil | 29,920 million USD | 2023 | up 2,635.7% | volatile |
| 15 | Russian Federation | 29,110 million USD | 2023 | down 58.8% | volatile |
| 16 | China, Taiwan Province of | 24,714 million USD | 2023 | up 372.3% | volatile |
| 17 | United Arab Emirates | 22,328 million USD | 2023 | up 152.9% | volatile |
| 18 | Malta | 20,860 million USD | 2023 | up 683.6% | volatile |
| 19 | Cayman Islands | 20,422 million USD | 2023 | up 7.1% | volatile |
| 20 | Saudi Arabia | 16,071 million USD | 2023 | up 225.1% | volatile |
| 21 | Denmark | 13,542 million USD | 2023 | up 92.5% | volatile |
| 22 | India | 13,341 million USD | 2023 | up 0.3% | volatile |
| 23 | Italy | 13,014 million USD | 2023 | down 48.2% | volatile |
| 24 | Belgium | 12,072 million USD | 2023 | down 70.3% | volatile |
| 25 | Kuwait | 11,189 million USD | 2023 | down 32.8% | volatile |
| 26 | Poland | 10,403 million USD | 2023 | up 872.8% | volatile |
| 27 | Thailand | 10,369 million USD | 2023 | down 14.5% | volatile |
| 28 | Israel | 9,970 million USD | 2023 | up 81.2% | volatile |
| 29 | Australia | 9,823 million USD | 2023 | up 581.5% | volatile |
| 30 | Austria | 9,594 million USD | 2023 | down 38.4% | volatile |
| 31 | Australia and New Zealand | 9,015 million USD | 2023 | up 357.4% | volatile |
| 32 | Norway | 8,153 million USD | 2023 | down 11.4% | volatile |
| 33 | Malaysia | 7,643 million USD | 2023 | down 45.8% | volatile |
| 34 | Indonesia | 7,070 million USD | 2023 | up 6.4% | volatile |
| 35 | Czechia | 7,052 million USD | 2023 | up 75.5% | volatile |
| 36 | Mexico | 6,429 million USD | 2023 | down 58.4% | volatile |
| 37 | Türkiye | 5,669 million USD | 2023 | up 75.2% | volatile |
| 38 | Chile | 5,567 million USD | 2023 | down 61.6% | volatile |
| 39 | Greece | 3,952 million USD | 2023 | up 603.1% | volatile |
| 40 | Portugal | 3,621 million USD | 2023 | up 3,148.8% | volatile |
| 41 | Hungary | 3,299 million USD | 2023 | up 69.9% | volatile |
| 42 | Argentina | 2,403 million USD | 2023 | up 170.0% | volatile |
| 43 | United Kingdom of Great Britain and Northern Ireland | 2,007 million USD | 2023 | down 95.0% | volatile |
| 44 | Azerbaijan | 1,875 million USD | 2023 | up 25.9% | volatile |
| 45 | China, Macao SAR | 1,607 million USD | 2023 | down 4.0% | volatile |
| 46 | Estonia | 1,492 million USD | 2023 | up 189.0% | volatile |
| 47 | Venezuela (Bolivarian Republic of) | 1,434 million USD | 2023 | up 90.7% | volatile |
| 48 | Finland | 1,372 million USD | 2023 | up 159.5% | volatile |
| 49 | Philippines | 1,251 million USD | 2023 | down 65.7% | volatile |
| 50 | Colombia | 1,211 million USD | 2023 | down 84.2% | volatile |
| 51 | Croatia | 1,178 million USD | 2023 | up 1,742.1% | volatile |
| 52 | Bahrain | 1,113 million USD | 2023 | up 109.2% | volatile |
| 53 | Lithuania | 1,044 million USD | 2023 | up 691.4% | volatile |
| 54 | Trinidad and Tobago | 1,008 million USD | 2023 | up 1,512.4% | volatile |
| 55 | Kazakhstan | 912.55 million USD | 2023 | down 60.1% | volatile |
| 56 | Peru | 888.73 million USD | 2023 | up 80.5% | volatile |
| 57 | Morocco | 836.01 million USD | 2023 | up 151.9% | volatile |
| 58 | Melanesia | 687.37 million USD | 2023 | up 891.9% | volatile |
| 59 | Guatemala | 664.69 million USD | 2023 | up 2,082.6% | volatile |
| 60 | Bulgaria | 598.37 million USD | 2023 | up 181.4% | volatile |
| 61 | Papua New Guinea | 595.86 million USD | 2023 | up 771.1% | volatile |
| 62 | Kenya | 587.54 million USD | 2023 | up 2,457.7% | volatile |
| 63 | Latvia | 581.72 million USD | 2023 | up 41.3% | volatile |
| 64 | Slovenia | 540.38 million USD | 2023 | up 351.6% | volatile |
| 65 | Panama | 473.6 million USD | 2023 | up 43.1% | volatile |
| 66 | Bahamas | 418.96 million USD | 2023 | up 51.2% | volatile |
| 67 | Egypt | 390.4 million USD | 2023 | up 29.7% | volatile |
| 68 | Dominican Republic | 360.3 million USD | 2023 | up 192.2% | volatile |
| 69 | Serbia | 307.52 million USD | 2023 | down 8.8% | volatile |
| 70 | Iraq | 278.67 million USD | 2023 | up 22.7% | volatile |
| 71 | Albania | 264.63 million USD | 2023 | up 564.6% | volatile |
| 72 | Bolivia (Plurinational State of) | 256.54 million USD | 2023 | up 874.8% | volatile |
| 73 | Nigeria | 255.84 million USD | 2023 | down 79.3% | volatile |
| 74 | Democratic Republic of the Congo | 235.5 million USD | 2023 | down 41.2% | volatile |
| 75 | Côte d'Ivoire | 214.91 million USD | 2023 | up 3,457.1% | volatile |
| 76 | Honduras | 207.6 million USD | 2023 | up 204.8% | volatile |
| 77 | Mozambique | 174.1 million USD | 2023 | down 66.7% | volatile |
| 78 | Oman | 164.89 million USD | 2023 | up 160.2% | volatile |
| 79 | Zambia | 159.75 million USD | 2023 | down 61.0% | volatile |
| 80 | Cambodia | 151.41 million USD | 2023 | up 143.2% | volatile |
| 81 | Madagascar | 119.26 million USD | 2023 | up 664.5% | volatile |
| 82 | North Macedonia | 101.26 million USD | 2023 | up 234.1% | volatile |
| 83 | Aruba | 91.45 million USD | 2023 | up 1,967.3% | volatile |
| 84 | Senegal | 91.33 million USD | 2023 | up 174.0% | volatile |
| 85 | Slovakia | 88.95 million USD | 2023 | up 128.4% | volatile |
| 86 | Costa Rica | 87.87 million USD | 2023 | down 89.1% | volatile |
| 87 | Liberia | 87.37 million USD | 2023 | down 73.3% | volatile |
| 88 | Iran (Islamic Republic of) | 86.67 million USD | 2023 | down 54.2% | volatile |
| 89 | Algeria | 83.51 million USD | 2023 | up 131.1% | volatile |
| 90 | Mongolia | 75.94 million USD | 2023 | up 85.3% | volatile |
| 91 | Lebanon | 72.67 million USD | 2023 | down 96.3% | volatile |
| 92 | Jordan | 64.23 million USD | 2023 | up 310.8% | volatile |
| 93 | Montenegro | 62.73 million USD | 2023 | up 260.6% | volatile |
| 94 | Netherlands Antilles (former) | 56.59 million USD | 2006 | up 6,853.2% | volatile |
| 95 | Ghana | 55.76 million USD | 2023 | up 532.6% | volatile |
| 96 | Armenia | 53.64 million USD | 2023 | up 77.3% | volatile |
| 97 | Georgia | 53.02 million USD | 2023 | down 55.8% | volatile |
| 98 | New Caledonia | 50.6 million USD | 2023 | down 17.6% | volatile |
| 99 | Benin | 48.96 million USD | 2023 | down 16.4% | volatile |
| 100 | Bosnia and Herzegovina | 47.69 million USD | 2023 | up 7.2% | volatile |
| 101 | Ukraine | 42 million USD | 2023 | down 54.3% | volatile |
| 102 | Niger | 40.39 million USD | 2023 | down 59.9% | volatile |
| 103 | Romania | 40.32 million USD | 2023 | up 114.4% | volatile |
| 104 | Tajikistan | 40.04 million USD | 2023 | up 14.1% | volatile |
| 105 | Tunisia | 39.6 million USD | 2023 | up 83.8% | volatile |
| 106 | Palestine | 36 million USD | 2023 | down 25.5% | volatile |
| 107 | Sri Lanka | 33.93 million USD | 2023 | down 47.9% | volatile |
| 108 | Angola | 33.36 million USD | 2023 | down 96.4% | volatile |
| 109 | Malawi | 32.31 million USD | 2023 | up 879.4% | volatile |
| 110 | Pakistan | 32 million USD | 2023 | down 84.9% | volatile |
| 111 | Afghanistan | 30.79 million USD | 2021 | up 2,514.1% | volatile |
| 112 | Nicaragua | 30.77 million USD | 2023 | down 79.5% | volatile |
| 113 | Zimbabwe | 30.5 million USD | 2023 | up 13.0% | volatile |
| 114 | Bangladesh | 29.88 million USD | 2023 | down 11.4% | volatile |
| 115 | El Salvador | 29.49 million USD | 2023 | up 900.7% | volatile |
| 116 | Fiji | 28.98 million USD | 2023 | up 558.7% | volatile |
| 117 | Congo | 26.36 million USD | 2023 | up 295.0% | volatile |
| 118 | Mali | 23.22 million USD | 2023 | up 713.1% | volatile |
| 119 | Belarus | 23.04 million USD | 2023 | down 98.9% | volatile |
| 120 | Bermuda | 21.48 million USD | 2023 | down 57.0% | volatile |
| 121 | Grenada | 20.83 million USD | 2023 | up 50.5% | volatile |
| 122 | Mauritius | 16.17 million USD | 2023 | down 92.2% | volatile |
| 123 | Polynesia | 15.59 million USD | 2023 | down 78.5% | volatile |
| 124 | French Polynesia | 14.97 million USD | 2023 | down 77.0% | volatile |
| 125 | Antigua and Barbuda | 14.96 million USD | 2023 | up 20.8% | volatile |
| 126 | Republic of Moldova | 12.1 million USD | 2023 | down 45.2% | volatile |
| 127 | Uzbekistan | 11.73 million USD | 2023 | up 171.4% | volatile |
| 128 | Curaçao | 10.28 million USD | 2023 | down 61.4% | volatile |
| 129 | Barbados | 8 million USD | 2023 | down 80.0% | volatile |
| 130 | Solomon Islands | 7.54 million USD | 2023 | up 151.0% | volatile |
| 131 | Guyana | 6.9 million USD | 2023 | down 73.5% | volatile |
| 132 | Libya | 6 million USD | 2013 | down 90.5% | volatile |
| 133 | Burkina Faso | 5.17 million USD | 2023 | down 91.1% | volatile |
| 134 | Anguilla | 4.63 million USD | 2023 | up 121.2% | volatile |
| 135 | Vanuatu | 4.4 million USD | 2023 | up 804.2% | volatile |
| 136 | Yemen | 3.33 million USD | 2019 | down 95.4% | volatile |
| 137 | Saint Lucia | 2.83 million USD | 2023 | up 103.3% | volatile |
| 138 | United Republic of Tanzania | 2.26 million USD | 2003 | up 131.1% | volatile |
| 139 | Belize | 2.26 million USD | 2023 | up 229.4% | volatile |
| 140 | Sint Maarten (Dutch part) | 2.12 million USD | 2023 | up 7.4% | volatile |
| 141 | Burundi | 1.52 million USD | 2023 | up 813.4% | volatile |
| 142 | Kyrgyzstan | 1.5 million USD | 2023 | up 18,172.3% | volatile |
| 143 | Uganda | 0.3814 million USD | 2023 | down 99.1% | volatile |
| 144 | Tonga | 0.3103 million USD | 2023 | down 95.9% | volatile |
| 145 | Cook Islands | 0.3098 million USD | 2023 | up 35.8% | rising |
| 146 | Guinea-Bissau | 0.2575 million USD | 2023 | up 13,892.9% | volatile |
| 147 | Mauritania | 0.1311 million USD | 2023 | down 99.3% | volatile |
| 148 | Kiribati | 0.1023 million USD | 2023 | down 34.8% | rising |
| 148 | Micronesia | 0.1023 million USD | 2023 | down 34.8% | volatile |
| 150 | Guinea | 0.0867 million USD | 2023 | up 110.0% | volatile |
| 151 | Lao People's Democratic Republic | 0.0067 million USD | 2022 | up 100.0% | volatile |
| 152 | Rwanda | 0.001 million USD | 2023 | down 100.0% | volatile |
| 153 | Samoa | -0.0005 million USD | 2023 | down 100.5% | volatile |
| 154 | Gambia | -0.6091 million USD | 2023 | up 98.8% | volatile |
| 155 | Equatorial Guinea | -0.6878 million USD | 2022 | down 154.3% | volatile |
| 156 | Dominica | -0.7956 million USD | 2023 | down 249.1% | volatile |
| 157 | Haiti | -1 million USD | 1999 | up 87.5% | volatile |
| 158 | Seychelles | -1.91 million USD | 2023 | down 112.1% | volatile |
| 159 | Chad | -2.15 million USD | 1999 | down 3,687.6% | volatile |
| 160 | Saint Kitts and Nevis | -2.87 million USD | 2023 | down 126.6% | volatile |
| 161 | Saint Vincent and the Grenadines | -3.14 million USD | 2023 | down 147.7% | volatile |
| 162 | Sao Tome and Principe | -3.65 million USD | 2023 | down 500.7% | volatile |
| 163 | Jamaica | -5.52 million USD | 2023 | down 107.4% | volatile |
| 164 | Cabo Verde | -7.49 million USD | 2023 | up 76.8% | volatile |
| 165 | Sierra Leone | -7.55 million USD | 2005 | down 1,279.7% | volatile |
| 166 | Timor-Leste | -17 million USD | 2023 | down 234.2% | volatile |
| 167 | Eswatini | -21.62 million USD | 2023 | down 387.3% | volatile |
| 168 | Gabon | -33.78 million USD | 2019 | down 112.4% | volatile |
| 169 | Botswana | -38.43 million USD | 2023 | down 145.4% | volatile |
| 170 | Togo | -60.32 million USD | 2023 | down 191.7% | volatile |
| 171 | Paraguay | -85.99 million USD | 2023 | down 133.1% | volatile |
| 172 | Cameroon | -109.13 million USD | 2023 | up 20.6% | volatile |
| 173 | Iceland | -180.89 million USD | 2023 | down 139.3% | volatile |
| 174 | Qatar | -191.48 million USD | 2023 | down 102.4% | volatile |
| 175 | Namibia | -309.72 million USD | 2023 | down 5,359.2% | volatile |
| 176 | New Zealand | -807.52 million USD | 2023 | down 252.4% | volatile |
| 177 | Uruguay | -812.19 million USD | 2023 | down 167.4% | volatile |
| 178 | Viet Nam | -950 million USD | 2023 | down 148.6% | volatile |
| 179 | Cyprus | -1,833 million USD | 2023 | down 107.0% | volatile |
| 180 | Ireland | -6,595 million USD | 2023 | down 122.6% | volatile |
| 181 | Luxembourg | -23,679 million USD | 2023 | down 150.8% | volatile |
| 182 | Netherlands (Kingdom of the) | -142,185 million USD | 2023 | down 303.9% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- World 1.61 million million USD
- Asia 667,014 million USD
- Americas 609,145 million USD
- Eastern Asia 497,096 million USD
- Northern America 493,921 million USD
- United States of America 404,316 million USD
- Europe 328,105 million USD
- European Union (27) 181,368 million USD
- Western Europe 134,366 million USD
- Small Island Developing States 130,227 million USD
- South-eastern Asia 88,514 million USD
- Southern Europe 74,156 million USD
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.