140488
statistikk
2014-01-16T10:00:00.000Z
External economy
en
di, Direct investment, stocks and income, FDI, abroad, investment, stocks, equity, loans, dividends, interest yieldForeign assets and liabilities , External economy
true

Statistics

Archive

Direct investment, stocks and income, 2012

Published:

Next release:

Content

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
2009 2010 2011 2012
Abroad
Total 985 736 1 092 703 1 210 571 1 299 902
Equity capital 884 047 966 519 1 066 849 1 145 477
Other capital 101 689 126 184 143 722 154 425
Income
Total 26 098 66 094 54 744 64 345
Distributed dividends 29 906 37 032 46 512 64 219
Reinvested earnings -8 998 22 937 3 801 -5 035
Interests 5 190 6 125 4 431 5 161
In Norway
Total 879 831 1 015 920 1 028 527 1 115 034
Equity capital 491 117 538 803 540 184 600 230
Other capital 388 714 477 117 488 343 514 804
Income
Total 75 673 84 007 89 205 102 858
Distributed dividends 77 166 47 857 51 633 58 062
Reinvested earnings -17 329 18 511 17 168 22 487
Interests 15 836 17 639 20 404 22 309

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.