Reconciling asset/liability- and directional principle

Description: This table allows to reconcile the traditional “inward- outward” view of direct investment with the new “assets-liabilities-presentation” of gross claims and gross liabilities introduced by BPM6 using positions data. In addition, the table provides a breakdown of overall FDI int SPEs (Special purpose Entities), private real estate, and DI in enterprises (FDI as such).

Source: OeNB.

Definitions and terms: Direct investment, inward, outward, asset, liability, directional principle, position, stock.

Legal basis: Foreign direct investment statistics as part of BOP and IIP is defined by:  Regulation (EC) No 555/2012 of the European Parliament and of the Council of 22 June 2012. Legal basis for data collection: Article 44 Nationalbank Act, Exchange Control Act 2004.

Methodology: Annual survey on FDI stocks conducted by OeNB.

Reporting institutions: Banks, companies, individuals.

Standards and codes: IMF Balance of Payments Manual 6, OECD: Benchmark Definition 4.