External Sector


Austrian Direct Investment Abroad

Table    Publication schedule

Notes:

This table shows transactions between Austrian direct investors and their direct investment enterprises abroad within a certain period of time. It quotes the total net value of all investments and disinvestments (outward direct investment – DI).

 

The outward direct investment position including SPEs and real estate minus the net investments of special purpose entities (foreign controlled subholdings without significant economic activity in Austria) and the net investments in real estate abroad yield the outward direct investment position excluding SPEs and real estate.

 

The direct investment position excluding SPEs and real estate is in turn broken down into the increase/decrease of equity capital, reinvested earnings and changes in “other capital” (mostly intracompany loans).

 

The regional breakdown indicates the country in which the immediate investment target is domiciled. A minus (-) indicates net investment abroad, i.e. capital outflows; a plus (+) results from a decrease in outward DI and thus indicates capital inflows.

Source:

OeNB.

Definitions and terms:

Outward FDI, equity capital, direct investment flows, special purpose entities.

Legal basis:

Legal basis for compilation: Austria: Article 44 Nationalbank Act, Exchange Control Act 2004.

International: SDDS and Articles of Agreements of the IMF, ECB guideline, Regulation (EC) No 184/2005 of the European Parliament and of the Council of 12 January 2005 on Community statistics concerning balance of payments, international trade in services and foreign direct investment. 

Legal basis for data collection: Article 44 Nationalbank Act, Exchange Control Act 2004.

Methodology:

Data on DI transactions are collected monthly; additional information, primarily useful for the calculation of reinvested earnings, is provided by the direct investment survey.

Reporting institutions:

Banks, companies, individuals.

Standards and codes:

NACE, ISO country and currency codes, IMF Balance of Payments Manual 5, OECD Benchmark Definition of Foreign Direct Investment 3rd edition.

Keywords:

DI, FDI, direct investment, equity capital, group, globalization, reinvested earnings, multinational corporations, affiliated enterprises.