List of countries by foreign direct investment outflows

This is the list of countries by flows of foreign direct investment (FDI) abroad. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.

According to the World Bank, "Foreign Direct Investment (FDI) refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. In the following table, WB figures shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars."

According to the Organisation for Economic Co-operation and Development, "outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. Outward flows represent transactions that increase the investment that investors in the reporting economy have in enterprises in the destination country less any transactions that decrease the investment that investors in the reporting economy have in enterprises in the destination country. Net Outward FDI = Investments by resident parents in their affiliates abroad and investments (mostly loans) by resident fellow enterprises in other fellows abroad, where those fellows are ultimately controlled by a resident parent, minus reverse investments: investments (mostly loans) by foreign affiliates in their resident parents and by foreign fellow enterprises in resident fellows, where those fellows are ultimately controlled by a resident parent."

Foreign direct investment, net outflows

Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

Country/Territory/Region/Group WB OECD
Foreign direct investment,
net outflows
Outward FDI flows
mil US$ Year % of GDP Year mil USD Year
WORLD 1553607.49 2024 1.47% 2024 1593414.24 2024
 Aruba 54.88 2023 1.50% 2023
 Afghanistan 30.79 2021 0.22% 2021
 Angola 33.06 2024 0.04% 2024
 Albania 260.60 2024 0.96% 2024
 United Arab Emirates 22328.11 2023 4.34% 2023
 Argentina 2689.76 2024 0.42% 2024 2757.00 2024
 Armenia 63.05 2024 0.24% 2024
 Antigua and Barbuda 17.88 2024 0.80% 2024
 Australia 15670.15 2024 0.89% 2024 14920.82 2024
 Austria 10808.35 2024 2.07% 2024 12416.18 2024
 Azerbaijan 742.44 2024 1.00% 2024
 Burundi 1.17 2023 0.04% 2023
 Belgium −6071.75 2024 −0.91% 2024 2933.16 2024
 Benin 13.01 2023 0.07% 2023
 Burkina Faso 45.09 2023 0.22% 2023
 Bangladesh −2.07 2024 0.00% 2024
 Bulgaria 1034.05 2024 0.92% 2024
 Bahrain 275.00 2024 0.58% 2024
 Bahamas 162.94 2024 1.03% 2024
 Bosnia and Herzegovina 78.87 2024 0.28% 2024
 Belarus 147.81 2024 0.19% 2024
 Belize 2.61 2024 0.07% 2024
 Bermuda 36.78 2023 0.43% 2023
 Bolivia 256.54 2023 0.57% 2023
 Brazil 24318.63 2024 1.12% 2024 12426.82 2024
 Barbados 8.00 2023 0.12% 2023
 Brunei 17.46 2006 0.14% 2006
 Botswana 9.49 2023 0.05% 2023
 Central African Republic 0.00 2002 0.00% 2002
 Canada 84318.21 2024 3.76% 2024 90137.19 2024
 Switzerland −34741.95 2024 −3.71% 2024 1642.41 2024
 Chile 3591.88 2024 1.09% 2024 2430.72 2024
 China 172243.72 2024 0.92% 2024 172244.00 2024
 Ivory Coast 214.91 2023 0.27% 2023
 Cameroon −79.51 2023 −0.16% 2023
 Democratic Republic of the Congo 235.50 2023 0.35% 2023
 Republic of the Congo 26.36 2023 0.17% 2023
 Colombia 4611.27 2024 1.10% 2024 4576.26 2024
 Comoros 1.10 1990 0.26% 1990
 Cape Verde 20.46 2024 0.74% 2024
 Costa Rica 1002.32 2024 1.05% 2024 −75.56 2024
 Curaçao 7.26 2023 0.22% 2023
 Cayman Islands 1263.83 2023 17.70% 2023
 Cyprus −10684.24 2023 −31.53% 2023
 Czech Republic 11178.59 2024 3.24% 2024 8315.12 2024
 Germany 80163.89 2024 1.72% 2024 38495.34 2024
 Dominica 0.42 2024 0.06% 2024
 Denmark 31197.58 2024 7.26% 2024 19787.39 2024
 Dominican Republic −47.30 2024 −0.04% 2024
 Algeria 165.58 2023 0.07% 2023
 Egypt 390.40 2023 0.10% 2023
 Eritrea −27.88 2000 −3.95% 2000
 Spain 52467.06 2024 3.05% 2024 51536.88 2024
 Estonia −3709.26 2024 −8.67% 2024 690.56 2024
 Finland 5567.10 2024 1.86% 2024 5632.71 2024
 Fiji 28.98 2023 0.53% 2023
 France 46960.82 2024 1.49% 2024 16658.79 2024
 Federated States of Micronesia −0.51 2014 −0.16% 2014
 Gabon −33.78 2019 −0.20% 2019
 United Kingdom 68306.26 2024 1.87% 2024 25288.11 2024
 Georgia 461.81 2024 1.37% 2024
 Ghana 11.01 2023 0.01% 2023
 Guinea 19.84 2023 0.09% 2023
 Gambia −0.61 2023 −0.03% 2023
 Guinea-Bissau 0.31 2023 0.01% 2023
 Equatorial Guinea −0.69 2022 −0.01% 2022
 Greece 1793.19 2024 0.70% 2024 2615.83 2024
 Grenada 2.72 2024 0.20% 2024
 Guatemala 825.13 2024 0.73% 2024
 Guyana 6.85 2023 0.04% 2023
 Hong Kong 78101.37 2024 19.18% 2024
 Honduras 688.93 2024 1.86% 2024
 Croatia 2787.56 2024 0.23% 2023
 Haiti −1.00 1999 −0.02% 1999
 Hungary −48370.79 2024 −21.70% 2024 4867.53 2024
 Indonesia 9278.21 2024 0.66% 2024 9822.00 2024
 India 23768.83 2024 0.61% 2024 24249.00 2024
 Ireland −127045.09 2023 −23.04% 2023 24913.16 2024
 Iran 86.67 2023 0.02% 2023
 Iraq 286.20 2023 0.11% 2023
 Iceland 454.45 2024 1.36% 2024 120.17 2024
 Israel 10477.70 2024 1.94% 2024 10477.70 2024
 Italy 34074.48 2024 1.44% 2024 37012.67 2024
 Jamaica 1.07 2024 0.01% 2024
 Jordan 64.23 2023 0.13% 2023
 Japan 208220.72 2024 5.17% 2024 204280.54 2024
 Kazakhstan −1891.33 2024 −0.66% 2024
 Kenya 500.48 2023 0.46% 2023
 Kyrgyzstan 1.50 2023 0.01% 2023
 Cambodia 171.83 2024 0.37% 2024
 Kiribati 0.02 2023 0.01% 2023
 Saint Kitts and Nevis 2.40 2024 0.22% 2024
 South Korea 48588.80 2024 1.88% 2023 48588.80 2024
 Kuwait 10323.28 2024 6.44% 2024
 Laos 0.01 2022 0.00% 2022
 Lebanon 72.67 2023 0.36% 2023
 Liberia 87.37 2023 1.99% 2023
 Libya −164.18 2023 −0.36% 2023
 Saint Lucia −8.14 2024 −0.32% 2024
 Sri Lanka 33.93 2023 0.04% 2023
 Lithuania 156.16 2024 0.18% 2024 −172.30 2024
 Luxembourg −23678.69 2023 −27.04% 2023 108019.68 2024
 Latvia 222.37 2024 0.51% 2024 126.54 2024
 Macau 498.83 2023 1.09% 2023
 Morocco 835.94 2023 0.58% 2023
 Moldova 89.55 2024 0.49% 2024
 Madagascar 119.26 2023 0.75% 2023
 Mexico 12720.72 2024 0.69% 2024 5577.18 2024
 Marshall Islands 2.94 2006 2.05% 2006
 North Macedonia −2.99 2024 −0.02% 2024
 Mali 29.66 2023 0.12% 2023
 Malta 30908.81 2024 127.08% 2024
 Montenegro 67.80 2024 0.84% 2024
 Mongolia 75.94 2023 0.37% 2023
 Mozambique −44.11 2024 −0.20% 2024
 Mauritania 0.13 2023 0.00% 2023
 Mauritius 16.17 2023 0.11% 2023
 Malawi 69.19 2023 0.54% 2023
 Malaysia 13038.52 2024 3.09% 2024
 Namibia 40.91 2024 0.31% 2024
 New Caledonia 50.60 2023 0.59% 2022
 Niger 9.17 2023 0.05% 2023
 Nigeria 407.95 2024 0.22% 2024
 Nicaragua 73.80 2024 0.37% 2024
 Netherlands 12792.99 2024 1.04% 2024 39170.19 2024
 Norway −2966.71 2024 −0.61% 2024 2980.18 2024
 New Zealand 1510.13 2024 0.58% 2024 440.91 2024
 Oman 395.06 2023 0.37% 2023
 Pakistan 84.00 2024 0.02% 2024
 Panama 864.53 2024 1.00% 2024
 Peru 1476.08 2023 0.55% 2023
 Philippines 2871.63 2024 0.62% 2024
 Palau −0.04 1998 −0.03% 1998
 Papua New Guinea 323.30 2023 1.05% 2023
 Poland 7764.00 2024 0.85% 2024 2520.54 2024
 Portugal 6710.42 2024 2.17% 2024 7815.34 2024
 Paraguay 64.81 2024 0.15% 2024
 Palestine 10.69 2024 0.08% 2024
 French Polynesia 14.97 2023 0.23% 2023
 Qatar 1562.91 2024 0.72% 2024
 Romania 1145.80 2024 0.30% 2024
 Russia 168.77 2024 0.01% 2024 11510.00 2024
 Rwanda 0.00 2023 0.00% 2023
 Saudi Arabia 22045.70 2024 1.78% 2024 22045.70 2024
 Sudan 54.24 2021 0.16% 2021
 Senegal 70.74 2023 0.23% 2023
 Singapore 55257.42 2024 10.09% 2024
 Solomon Islands 52.88 2024 3.00% 2024
 Sierra Leone −0.03 2010 0.00% 2010
 El Salvador 287.81 2024 0.81% 2024
 Serbia 327.66 2023 0.40% 2023
 South Sudan 41.98 2017 −0.01% 2015
 São Tomé and Príncipe −3.65 2023 −0.54% 2023
 Suriname −11.05 2024 −0.23% 2024
 Slovakia 2308.60 2024 1.63% 2024 575.15 2024
 Slovenia 1400.32 2024 1.93% 2024 915.96 2024
 Sweden 35647.55 2024 5.84% 2024 25366.24 2024
 Eswatini −22.65 2023 −0.49% 2023
 Sint Maarten 0.14 2023 0.01% 2023
 Seychelles −39.51 2023 −1.81% 2023
 Turks and Caicos Islands −51.54 2018 −3.92% 2018
 Chad −2.15 1999 −0.14% 1999
 Togo −60.32 2023 −0.66% 2023
 Thailand 7800.99 2024 1.48% 2024
 Tajikistan 101.02 2024 0.71% 2024
 Timor-Leste 4.50 2024 0.24% 2024
 Tonga 1.25 2024 0.22% 2023
 Trinidad and Tobago 214.77 2024 0.81% 2024
 Tunisia −12.44 2023 −0.03% 2023
 Turkey 6596.00 2024 0.50% 2024 5941.55 2024
 Tuvalu −0.92 2021 −1.52% 2021
 Tanzania 2.26 2003 0.01% 2003
 Uganda 0.38 2023 0.00% 2023
 Ukraine 305.00 2024 0.16% 2024
 Uruguay −162.77 2024 −0.20% 2024
 United States 379072.00 2024 1.30% 2024 317442.00 2024
 Uzbekistan 36.69 2024 0.03% 2024
 Saint Vincent and the Grenadines −0.28 2024 −0.02% 2024
 Venezuela 1434.25 2023 0.94% 2014
 British Virgin Islands 44158.49 2023
 Vietnam 600.00 2024 0.13% 2024
 Vanuatu 4.40 2023 0.39% 2023
 Samoa 2.05 2024 0.19% 2024
 Kosovo 205.65 2023 1.96% 2023
 Yemen 3.33 2019 0.02% 2018
 South Africa −1331.07 2024 −0.33% 2024 1205.76 2024
 Zambia 117.00 2023 0.42% 2023
 Zimbabwe 30.50 2023 0.09% 2023
SIDS (Small Island Developing States)
SIDS: Caribbean 384.26 2024 0.97% 2023
SIDS: Pacific 56.18 2024 0.41% 2023
LDCs (Least developed countries) 216.09 2024 0.11% 2023
Low & middle income economies (WB) 282331.47 2024 0.80% 2024
Low-income economies (WB) −44.11 2024 0.27% 2023
Middle-income economies (WB) 282375.58 2024 0.80% 2024
Lower middle income economies (WB) 28944.67 2024 0.47% 2024
Upper middle income economies (WB) 253430.91 2024 0.87% 2024
High-income economies (WB) 1271276.01 2024 1.82% 2024
European Union 318937.86 2024 1.70% 2024 420150.89 2024
OECD 1090493.61 2024 1.60% 2024 1144981.63 2024
Note: The following countries have been removed for having no data or zero-value old data:
Bhutan, Ecuador, Ethiopia, Lesotho, Maldives, Myanmar, Nepal, and Syria.

See also

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