KS-78-09-626-EN-D

STATISTICS IN FOCUS European Union foreign direct

and 6 % for Germany to 0.1 % for the Czech Republic Compact guides
investment yearbook 2008 –
and Latvia. The United States was the main location Data 2001-2006
The above data show that EU companies are more of EU-controlled affiliates
Issue number 21/2009
Format: paper, PDF
eager to set up foreign affiliates in neighbouring Language versions: EN
countries, usually within the European Union, in Internal market still accounts for more than 50% Catalogue number:
other European countries such as Switzerland and of EU foreign direct investments and trade in services KS-BK-08-001
Russia, or in countries with historical and cultural Issue number 56/2009 ISSN: 1605-2935
links, such as Brazil for Portugal. The USA is by far
EU-27 current account deficit rose to EUR 244 bn
the major destination for affiliates with headquar-
Issue number 45/2009
ters in the EU, which can be explained by the fact
that it is a very important market. The role of Asia Strong increase in both inward and outward FDI flows
as a market for EU foreign affiliates has increased in 2007
substantially during the last few years, especially Issue number 19/2009 Europe in figures – Eurostat
in China and Japan. yearbook 2008
EU External Surplus in International Trade in Services
in 2007 grew by 22.8% Format: paper, PDF
Issue number 14/2009 Language versions: EN, DE
and FR
WEBSITE Catalogue number:
KS-CD-07-001
ISSN: 1681-4789
Eurostat provides users with free access to all of its
databases, as well as PDF versions of its publica-
tions. To discover more, open a web browser on the
Outward Foreign AffiliaTes
European Economic Statistics
Eurostat home page at: ec.europa.eu/Eurostat
ec.europa.eu/Eurostat.
Format: paper, PDF
Statistics (FATS)
From the Eurostat homepage, statistical themes Language versions: EN Economy and Finance
may be accessed by clicking on ‘Statistics’ at the Catalogue number:
top of the page and then clicking on the link to KS-30-08-410
‘Balance of payments’ included in the theme ‘Econ- ISBN: 978-92-79-08886-5
omy and finance’.
The database may be accessed from the left-hand
menu. To access outward FATS data on employment
and turnover, click on European Foreign Affiliates KEY PUBLICATIONS
Statistics.
Recommendations Manual
Links to the methodology, structured according to on the Production of Foreign UPCOMMING PUBLICATIONS
the International Monetary Fund’s common Special AffiliaTes Statistics (FATS)
Data Dissemination Standard (SDDS), provide sup- Foreign AffiliaTes Statistics (FATS) – Recommendations
porting information on aspects such as collection Product code: KS-RA-07-002
Manual – 2nd edition (Autumn 2009)
methods, data treatment, classifications and defini- ISBN: 978-92-79-04702-2
tions and quality aspects. SDDS metadata on out- ISSN: 1977-0375
ward FATS may be found by clicking on the symbol
‘M’ on the right side of the corresponding chapter. © European Communities, 2009
OUTWARD FOREIGN AFFILIATES STATISTICS (FATS)
The European Union is one of the world’s biggest
investors, and foreign affiliates of European compa-
nies play a very important role in the global econ-
omy. Therefore, outward foreign affiliates statistics
(FATS), which can be defined as statistics describing
the activity of foreign affiliates abroad controlled by
the compiling economy, are increasingly relevant in
formulation of European economic policies, as they
provide information on the role which European
capital groups play in the world’s economy, espe-
cially in terms of sales and employment.
Reporting of outward FATS data in Europe has been
taking place on a voluntary basis up to the reference
year 2006, for which the data are the latest currently
available. The variables covered for most countries
were number of persons employed and turnover
with respectively 11 and 10 Member States provid-
ing the data. As from the reference year 2007 out-
ward FATS data transmission to Eurostat became
compulsory for turnover, number of persons em-
ployed and number of enterprises. The publication
of those figures is expected in early 2010.
Throughout the reference years 2004–06, out of the
Member States with available data, German foreign
affiliates had by far the biggest share in terms of
both turnover and number of persons employed.
They were followed by foreign affiliates from Italy,
Finland and France in terms of turnover and Sweden
and Italy in terms of number of persons employed.
Activity of the EU foreign affiliates is bigger inside
than outside the EU. For reference year 2006, the in-
tra-EU27 share in number of persons employed was
56 % (ranging from 42 % for Portugal to 74 % for
the Czech Republic, followed by 72 % for Austria). In
terms of turnover, the intra-EU27 share represents
57 % (ranging from 51 % for Germany to 90 % for
the Czech Republic). EU foreign affiliates’ activity
is bigger inside the EU than outside in all Member
States with available data and for both character-
istics, turnover and number of persons employed,
except for number of persons employed in Portu- Number of persons employed Turnover and employment by activity in % of total FATS of EU available countries with the rest of the
the world in 2006 spectively). Its share, however, differs a great deal
guese foreign affiliates (where the extra-EU share from country to country and ranges from 12 % in
was 61 %) and in Slovakian foreign affiliates (with a Oceania and Polar Italy to 67 % in the Czech Republic and Slovakia
53 % share), and for turnover in Latvian foreign af- regions Total services for number of persons employed and from 19 % in
Asia
2%
filiates (with a 57 % of turnover registered outside 22 % Italy to 95 % in Slovakia for turnover. ‘Real estate’ is
the EU-27). Construction the second most relevant activity, with a share of
Other European
20 % in the total number of employees, followed
Moreover, the most substantial activity of foreign countries
24 % by ‘Transport and communication’ together with
affiliates takes place in the neighbouring countries Electricity, gas and water
‘Financial intermediation’, which represent 19 % of
(France for Belgium, Slovakia for Czech Republic, South
total services each. As regards turnover, ‘Financial
Germany for Austria and the Czech Republic, Spain American
Africa
countries Manufacturing intermediation’ is the second most representative
for Portugal or Sweden for Finland). Only for Ger- 6%
10 % activity, with 23 %, followed by ‘Transportation and
man foreign affiliates the biggest country of des-
Mining and quarrying communication’, with 11 %.
tination outside the EU in terms of both turnover
and number of persons employed is the United Central For most countries ‘Trade and repairs’ has the greatest
American
States. The USA is the biggest destination in terms countries North American Agriculture and fishing share for both characteristics with some exceptions.
of number of persons employed for Sweden and in 4% countries For Belgium, ‘Real estate and business activities’ has
terms of turnover for Finland. 32 % the highest number of persons employed (73 %) and
0% 10 % 20 % 30 % 40 % 50 % 60 %
turnover (62 %). ‘Financial intermediation’ represents
The highest activity of European affiliates outside the Turnover Employment
the highest number of persons employed for Greece
European Union is registered in North America, with
(52 %), Italy (59 %), Austria (50 %) and Portugal (56
32 % in terms of persons employed and 54 % for turn- Turnover
%). In the case of Italy and Portugal, ‘Financial inter-
over of affiliates located outside the EU27 (USA rep- Turnover and employment by type of service in % of total services of FATS of EU available countries with the rest of
mediation’ also represents the highest turnover (61
resents 92 % of the total figures with North America). Oceania and Polar Other European the world in 2006
% and 51 % respectively). Finally, for Sweden, ‘Real
Graph 1 shows the whole geographical breakdown regions countries
estate and business activities’ is where the highest
for number of persons employed and turnover. 4% 10 %
number of persons employed is registered.
Not allocated
In terms of types of activities, services are the main Africa 3 %
Asia The impact of foreign affiliates for employment dif-
field of activity for European affiliates with 54 % of 18 %
Real estate & fers greatly from country to country, being substan-
the total turnover, followed by manufacturing, with business activities
tial in some countries and rather negligible in others.
39 %. Only Finland shows a higher share of manufac- South
American Among the EU countries with available data, German
turing (57 %) than that for services (39 %) in terms Financial intermediation
countries 7 % affiliates are by far the biggest employer abroad,
of turnover. On the other hand, considering the
which represents 56 % of the total available data of
number of persons employed, the manufacturing Transport and EU affiliates abroad. But compared with total employ-
with 52 % recorded the highest share, compared Central communication
American
ment within the compiling country, Sweden and Fin-
with a 42 % recorded for services. This was caused
countries North American
land have the highest ratio of total number of persons
by share of employment in manufacturing in affili- Hotels and restaurants
4% countries employed in foreign affiliates, with 25 % and 18 %
ates controlled from Czech Republic, Germany, Italy
54 % respectively of total employment. They are followed
and Finland, while for remaining countries employ-
Trade and repairs by Germany, with a ratio of about 13 %. On the other
ment in services was greater.
Graph 1 — Number of persons employed and turnover in foreign af-
side, the ratio is very small for countries such as Latvia,
‘Trade and repairs’ represents the biggest share filiates located outside the EU-27 in 2006 for 11 reporting countries for 0% 10 % 20 % 30 % 40 % 50 % 60 % Slovakia, the Czech Republic or Portugal, with a ratio
number of persons employed (Belgium, Czech Republic, Germany, Greece,
among the services categories in both number of Italy, Latvia, Austria, Portugal Slovakia, Finland and Sweden), and 10 re- Turnover Employment
of under 1 %. Taking into account only affiliates out-
persons employed and turnover (38 % and 56 % re- porting countries for turnover (no data available for Sweden) side the EU, these figures range from 7 % for Finland