§ Mr. WhittingdaleTo ask the Secretary of State for Trade and Industry what the British percentage was of inward investment into the EU from(a) the USA, (b) the G7 countries and (c) Japan in each of the last 20 years. [44781]
§ Ms HewittThe information is in the following table:
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UK share of G7 foreign direct investment into the EU 1994–99 Percentage of stock level at year end USA G7 total1 Japan 1994 37.1 20.6 23.2 1995 34.6 19.3 23.2 1996 36.0 20.7 25.0 1997 40.1 24.4 27.9 1998 34.5 21.1 25.9
UK share of G7 foreign direct investment into the EU 1994–99 Percentage of stock level at year end USA G7 total1 Japan 1999 33.0 21.5 14.9 1G7 comprises of UK, France, Germany, Italy, Japan, Canada and USA. Note:
Eurostat Foreign Direct Investment (FDI) statistics have been quoted to ensure consistent comparison between countries and are based on inward FDI stock figures as reported by individual EU member states. Outward FDI stocks in the EU published by other non-EU country statistical offices may differ from those published by Eurostat. For example, the US Bureau of Economic Analysis statistics reported than in 1999 the UK received 41 per cent. of US outward FDI stocks. There are a number of widely recognised technical reasons why such apparent discrepancies arise.
Source:
Eurostat New Cronos database.