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140488
Weaker growth in direct investment abroad
statistikk
2014-01-16T10:00:00.000Z
External economy
en
di, Foreign direct investment, FDI, abroad, investment, stocks, equity, loans, dividends, interest yieldForeign assets and liabilities , External economy
false

Foreign direct investment, 2012

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Weaker growth in direct investment abroad

The stock of Norwegian direct investment abroad amounted to NOK 1 300 billion at the end of 2012. This is a 7 per cent increase from the end of 2011; a lower growth than in the two previous years.

Foreign direct investment, stocks and income. NOK millionPublished 20 January 2014
2009201020112012
Abroad
Total985 7361 092 7031 210 5711 299 902
Equity capital884 047966 5191 066 8491 145 477
Other capital101 689126 184143 722154 425
Income
Total26 09866 09454 74464 345
Distributed dividends29 90637 03246 51264 219
Reinvested earnings-8 99822 9373 801-5 035
Interests5 1906 1254 4315 161
In Norway
Total879 8311 015 9201 028 5271 115 034
Equity capital491 117538 803540 184600 230
Other capital388 714477 117488 343514 804
Income
Total75 67384 00789 205102 858
Distributed dividends77 16647 85751 63358 062
Reinvested earnings-17 32918 51117 16822 487
Interests15 83617 63920 40422 309

Source: Statistics Norway

Equity capital totalled NOK 1 145 billion of the direct investment abroad, while other capital (inter-company loans etc.) amounted to NOK 154 billion. Equity capital amounted to NOK 600 billion or 52 per cent of the incoming direct investment. The remainder of the incoming direct investment was other capital.

Foreign direct investment in Norway amounted to NOK 1 115 billion at the end of 2012, which represents an increase of 8 per cent compared with 2011.

Largest share of Norwegian direct investment is in Europe

The geographical breakdown shows that 65 per cent of the outgoing direct investment went to Europe, 18 per cent to America and 10 per cent to Asia. Compared with 2011, the European share increased while the Asian share went down. For incoming direct investment, the share for Europe was considerably higher, at 75 per cent, and the share of the rest of the world correspondingly smaller. Figures for individual countries can be found in Statbank.

Large increase in distributed dividends

The dividend return on foreign direct investment abroad increased considerably, from NOK 47 billion in 2011 to NOK 64 billion in 2012, which corresponds to 38 per cent. The dividend made up 5.6 per cent of the equity capital. The two other components of return on outgoing direct investment, reinvested earnings and interest on loans, were comparatively small. The dividend return on foreign direct investment in Norway increased by 13 per cent to NOK 58 billion. The dividend made up almost 10 per cent of the equity capital. However, the two other components of return were more important than for outgoing investment, with both components amounting to NOK 22 billion.

Tables containing figures by industry have not been updatedOpen and readClose

Uncertainty in relation to industry classifications for direct investments means that the tables containing figures by industry have not been updated in the article published on 16 January. This also applies to the tables that have previously been published in Statbank. Statistics Norway will publish direct investment figures by industry when they are available.

Planned changes in the national accounts statisticsOpen and readClose

New revised figures for national accounts and related statistics will be published in November and December 2014. Statistics Norway complies with international guidelines in its preparation of national accounts and statistics on foreign affairs. New international guidelines have now been issued for these statistics. Statistics Norway is currently in the process of implementing the changes, in addition to new source data for some of the statistics.