Germany’s foreign direct investment (FDI) stocks ended 2024 with modest growth, according to the Deutsche Bundesbank. Outward FDI in immediate‑held enterprises rose to €1.75 trillion from €1.727 trillion in 2023, largely driven by equity capital of €1.884 trillion; foreign credit positions reduced stocks by €134 billion. When viewed through ultimate host economies, German outward FDI totaled €1.689 trillion, half of which remained in Europe (€857 billion, €645 billion within the EU). America was the second largest destination (€560 billion, more than €460 billion in the United States), while Asia accounted for €234 billion, with Chinese holdings falling to €110 billion. Inward FDI increased to €1.034 trillion, mainly from equity capital (€828 billion) and foreign loans (€205 billion). Holding companies dominated inward stocks at €679 billion, with the consolidated value at €739 billion. By ultimate investing economy, the United States was the largest source of inward FDI, followed by Europe (64 % of stocks) and America (17 %).
© Deutsche Bundesbank.
Summary adapted from the Bundesbank website (https://www.bundesbank.de).
Original source © Deutsche Bundesbank.
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