Italy
13. Foreign Direct Investment and Foreign Portfolio Investment Statistics
Table 2: Key Macroeconomic Data, U.S. FDI in Host Country/Economy
| Host Country Statistical Source | USG or International Statistical Source | USG or International Source of Data: BEA; IMF; Eurostat; UNCTAD, Other |
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| Economic Data | Year | Amount | Year | Amount | |
| Host Country Gross Domestic Product (GDP) ($M USD) | 2018 | €1,757,000 | 2017 | $1,935,000 | www.worldbank.org/en/country |
| Foreign Direct Investment | Host Country Statistical Source | USG or International Statistical Source | USG or International Source of Data: BEA; IMF; Eurostat; UNCTAD, Other |
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| U.S. FDI in partner country ($M USD, stock positions) | 2017 | $12,203 | 2017 | $30,708 | BEA data available at http://bea.gov/international/direct_investment_multinational_companies_comprehensive_data.htm |
| Host country’s FDI in the United States ($M USD, stock positions) | 2017 | $33,430 | 2017 | $35,672 | BEA data available at http://bea.gov/international/direct_investment_multinational_companies_comprehensive_data.htm |
| Total inbound stock of FDI as % host GDP | 2017 | 24.8% | 2017 | 21.7% | N/A |
* Italian GDP data are taken from ISTAT, the official statistics agency. ISTAT publishes preliminary year end GDP data in early February and issues revised data in early March. Italian FDI data are from the Bank of Italy and are the latest available; new data are released in May.
Table 3: Sources and Destination of FDI
| Direct Investment from/in Counterpart Economy Data | |||||
| From Top Five Sources/To Top Five Destinations (US Dollars, Millions) | |||||
| Inward Direct Investment | Outward Direct Investment | ||||
| Total Inward | $420,437 | 100% | Total Outward | $557,022 | 100% |
| Luxembourg | $88,638 | 21% | Netherlands | $63,550 | 11% |
| Netherlands | $80,143 | 19% | Luxembourg | $47,074 | 9% |
| France | $70,327 | 17% | Germany | $43,195 | 8% |
| United Kingdom | $53,678 | 13% | United States | $40,279 | 7% |
| Germany | $37,285 | 9% | Spain | $36,247 | 7% |
| “0” reflects amounts rounded to +/- USD 500,000. | |||||
The 2017 IMF statistics above show Italy’s largest investment partners to be within the European Union and the United States. This is consistent with Italy being fully integrated with its EU partners and the United States. Note: Foreign direct investment data can vary widely by source, reflecting different definitions used. End note.
Table 4: Sources of Portfolio Investment
| Portfolio Investment Assets | ||||||||
| Top Five Partners (Millions, US Dollars) | ||||||||
| Total | Equity Securities | Total Debt Securities | ||||||
| All Coun-tries | $1,658,786 | 100% | All Countries | $1,018,524 | 100% | All Countries | $640,262 | 100% |
| Luxem-bourg | $690,512 | 42% | Luxem-bourg | $665,672 | 65% | France | $104,049 | 16% |
| France | $183,100 | 11% | Ireland | $131,735 | 13% | Spain | $99,870 | 16% |
| Ireland | $148,185 | 8% | France | $79,051 | 8% | United States | $93,628 | 15% |
| United States | $130,736 | 6% | United States | $37,108 | 4% | Germany | $61,778 | 10% |
| Spain | $104,489 | 5% | United Kingdom | $32,263 | 3% | Nether-lands | $48,967 | 8% |
The statistics above show Italy’s largest investment partners to be within the European Union and the United States. This is consistent with Italy being fully integrated with its EU partners and the United States.