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This is an archived release.
Direct investment to and from Norway are at the same level
In 2013, Norwegian direct investment stocks abroad were NOK 1.206 billion and direct investment stocks in Norway from abroad were NOK 1 198 billion. New international guidelines were implemented in 2013.
2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|
Abroad | ||||
Total | 1 107 518 | 1 231 249 | 1 277 472 | 1 206 282 |
Equity capital | 952 481 | 1 056 125 | 1 127 628 | 1 211 545 |
Other capital | 155 037 | 175 124 | 149 844 | -5 263 |
Income | ||||
Total | 66 351 | 54 347 | 63 045 | 48 937 |
Distributed dividends | 37 174 | 46 467 | 64 054 | 53 165 |
Reinvested earnings | 22 878 | 3 036 | -6 462 | -6 346 |
Interests | 6 299 | 4 844 | 5 453 | 2 118 |
In Norway | ||||
Total | 1 039 081 | 1 130 383 | 1 298 088 | 1 197 557 |
Equity capital | 539 608 | 604 259 | 681 888 | 732 897 |
Other capital | 499 473 | 526 124 | 616 200 | 464 660 |
Income | ||||
Total | 84 361 | 90 674 | 106 974 | 88 081 |
Distributed dividends | 48 363 | 51 646 | 59 333 | 50 991 |
Reinvested earnings | 17 833 | 17 769 | 23 963 | 15 476 |
Interests | 18 165 | 21 259 | 23 678 | 21 614 |
Norway and many other countries have implemented new guidelines from international organisations. The new guidelines significantly influence the figures, including the treatment of fellowship loans. Previously, these loans were treated on an assets/liabilities basis. The new principle is to treat them on a net basis based on whether the ultimate controlling parent is domestic or foreign. This means for instance that many of the loans previously recorded as debt will now be negative assets and vice versa.
Interests connected to these loans are treated the same way. As a result of these changes, the total investments in Norway are reduced compared to the former principle, and total positions and loan figures at the end of 2013 are not comparable to corresponding figures in previous years.
Equity capital in Norwegian direct investment abroad increased by NOK 84 billion in 2013 to NOK 1 211 billion at the end of the year. Equity capital in foreign direct investment in Norway amounted to NOK 733 billion at the end of 2013; an increase of NOK 51 billion.
There are no significant changes in income compared to previous years.
New international guidelinesOpen and readClose
In 2013, the international guidelines for these statistics were changed. These statistics are based on the OECD Benchmark definition of direct investment – Edition 4 (BDM4) and Balance of Payments and International Investment Position Manual – Edition 6 (BPM6).
RevisionOpen and readClose
The data from 2007 to 2012 have been revised. No important changes were detected.
Contact
-
Siri Lozano-Handelsby
E-mail: siri.lozano-handelsby@ssb.no
tel.: (+47) 40 90 26 58