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3. FDI by counterpart area and by economic activity, BMD4 and historical BMD3

FDI by counterpart area and by economic activity, BMD4 and historical BMD3

<b>This dataset <i>FDI by counterpart area and by economic activity, BMD4 and historical BMD3</i> includes long time series of FDI statistics by partner country and by industry. It uses available BMD4 series and combines them with BMD3 historical series (from the unrevised OECD FDI datasets according to BMD3) as far back as 2005 and identifies breaks in series.</b><p>For selected countries, breaks in series were removed as there was no significant impact of BMD4 implementation.</p><p>In this dataset, inward and outward FDI flows, positions and income include resident SPEs when they exist (unless otherwise stated, see metadata attached at the reporting country level); and they are allocated to the immediate counterpart country (unless otherwise specified, see metadata attached at the reporting country level).</p><p>Inward and outward FDI statistics in this datset are presented on a directional basis (unless otherwise stated, see metadata attached at the reporting country level); they are measured in USD millions, in millions of national currency and as a share of total (for FDI positions only).</p><p>In 2014, many countries implemented the latest international standards for Foreign Direct Investment (FDI) statistics:</p><ul style="list-style-type=square"><li>the <a href="http://www.oecd.org/daf/inv/investment-policy/fdibenchmarkdefinition.htm">OECD’s Benchmark Definition of FDI, 4th edition (BMD4);</a> and</li><li>the <a href="http://www.imf.org/external/pubs/ft/bop/2007/bopman6.htm">IMF’s Balance of Payments and International Investment Position Manual, 6th edition (BPM6)</a></li></ul><p>This OECD database was launched in March 2015 which includes the data series reported by national experts according to BMD4. The data are for the most part based on balance of payments statistics published by Central Banks and Statistical Offices following the recommendations of the IMF’s BPM6 and the OECD’s BMD4. However, some of the data relate to other sources such as notifications or approvals.</p>