MACHINE NAME = WEB 2

PORTUGAL: UPWARD FDI TREND REVERSED IN 2004


Press Release
For use of information media - Not an official record
UNCTAD/PRESS/EB/2005/014
PORTUGAL: UPWARD FDI TREND REVERSED IN 2004

Geneva, Switzerland, 31 October 2005

FDI inflows into Portugal (PDF) plunged by 85% from $5.8 billion in 2003 to $895 million in 2004. This was primarily due to reduced inward equity investment, which fell from $6.8 billion in 2003 to $4.0 billion in 2004 and intra-company debt flows, which increased from -$864 billion in 2003 to -$2.749 trillion in 2004. In 2002, there was a total of 150,355 affiliates of foreign TNCs in Portugal, accounting for sales worth €36.673 billion.

National investment profiles are being published online as they become available, based on each country´s reporting schedules. The profiles, which are part of UNCTAD´s World Investment Directory, provide quick electronic access to the latest statistics on foreign direct investment (FDI) and the operations of transnational corporations (TNCs). They also include statistical definitions and sources, a listing of relevant national laws and regulations, information on bilateral and multilateral agreements and a bibliography of the country concerned.