Increase in direct investment transactions

hundreForeign direct investment, transactions, 1998-2008

Norwegian foreign direct investment abroad in 2008 amounted to NOK 147 billion.

The investment abroad was mainly made through shares and other equity capital. Foreign direct investment in Norway in 2008 amounted to NOK 58 billion, which represented an increase compared with recent years.

Break in time series

Since 2005, the figures have been based on Statistics Norway’s own system of balance of payments data collection. The system entails direct reporting from non-financial enterprises of financial stocks based on accounting information, and the transactions are derived from changes in the stocks. Until 2005, the FDI transaction statistics were produced in Norges Bank. The statistics were based on full scale reporting from all Norwegian banks as intermediaries of payments to and from abroad. Direct reporting from enterprises on payments and other settlements outside the Norwegian banking system was another data source.

The change to the reporting system in 2005 caused a break in the time series, which in particular affects the valuation of acquisition and realization of shares and other equity capital. It is not possible to revise the figures before 2005 with the new data sources.

Source: Statistics Norway

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