Ethiopia ET: BOP: Financial Account: Foreign Direct Investment: Net

Ethiopia ET: BOP: Financial Account: Foreign Direct Investment: Net data was reported at -3.989 USD bn in 2016. This records a decrease from the previous number of -2.627 USD bn for 2015. Ethiopia ET: BOP: Financial Account: Foreign Direct Investment: Net data is updated yearly, averaging -288.272 USD mn from Dec 1977 (Median) to 2016, with 13 observations. The data reached an all-time high of -5.845 USD mn in 1977 and a record low of -3.989 USD bn in 2016. Ethiopia ET: BOP: Financial Account: Foreign Direct Investment: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank.WDI: Balance of Payments: Capital and Financial Account. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net FDI. In BPM6, financial account balances are calculated as the change in assets minus the change in liabilities. Net FDI outflows are assets and net FDI inflows are liabilities. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.

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