Dáil Éireann Debate, Wednesday - 20 January 2021
5. Deputy Mairéad Farrell asked the Taoiseach the value of gross FDI inflows from 1990 to 2020, by manufacturing and services; and the percentage of these inflows that is classed as pass-through FDI in each of these years in tabular form. [2608/21]
Amharc ar fhreagraThe Central Statistics Office compiles statistics on Foreign Direct Investment as part of our International Accounts compilation. Statistics on Foreign Direct Investment are presented in the quarterly International Accounts publication. Further information on Foreign Direct Investment, including sectoral breakdowns and information on pass-through investment, is presented in two annual Foreign Direct Investment publications. Data are not available for all of the years from 1990 to 2020, included below are the years for which data are available.
The table below shows Foreign Direct Investment inflows broken down into the Manufacturing and Services sectors.
|
Euro Billions |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
|
Manufacturing |
13.8 |
2.2 |
20.8 |
-2.8 |
-36.3 |
54.5 |
|
Services |
24.1 |
34.6 |
175.6 |
38.3 |
82.9 |
-79.0 |
|
Total |
38.1 |
36.3 |
196.4 |
35.6 |
46.8 |
-23.8 |
The table below shows Foreign Direct Investment in Ireland positions broken down into the Manufacturing and Services sectors.
|
Euro Billions |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
|
Manufacturing |
81.3 |
78.0 |
318.2 |
321.4 |
270.1 |
314.6 |
|
Services |
218.1 |
274.7 |
498.0 |
475.1 |
611.0 |
558.1 |
|
Total |
300.7 |
354.0 |
817.6 |
797.5 |
882.2 |
873.7 |
Currently there is no benchmark definition of pass-through FDI since it can come in different forms and largely depends on the level of operational activity within MNEs in an economy. The Central Statistics Office estimates pass-through FDI occurring in Ireland by comparing a firm’s FDI assets and liabilities. The lower of these is then chosen and used as the estimate of pass-through FDI for that particular enterprise. For more information on the method used see the “Foreign Direct Investment in Ireland” publication on the Central Statistics Office website.
The table below shows the amount of pass-through estimated in the inward FDI positions.
|
Euro Billions |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
|
Pass-Through |
75.2 |
68.7 |
263.1 |
265.8 |
299.0 |
312.4 |
|
Inward FDI |
300.7 |
354.1 |
817.6 |
797.5 |
882.2 |
873.7 |
|
Pass-Through presence in Inward FDI |
25% |
19% |
32% |
33% |
34% |
36% |
For more details on FDI in Ireland see the “Foreign Direct Investment in Ireland” publication here:
https://www.cso.ie/en/releasesandpublications/ep/p-fdi/foreigndirectinvestmentinireland2018/
