Direct investment 2015 – assets and income:
Value of foreign direct investment assets in Sweden
Statistical news from Statistics Sweden 2016-12-12 8.36
The value of foreign direct investment in Sweden amounted to SEK 2 473 billion in 2015. This is an increase of SEK 80 billion compared with 2014. Swedish direct investment assets abroad increased by SEK 41 billion to SEK 2 952 billion at the end of 2015.
Swedish direct investment assets abroad in the form of equity increased by SEK 9 billion and amounted to SEK 2 741 billion. Net claims against foreign subsidiaries and associated companies amounted to SEK 210 billion, an increase of SEK 30 billion compared with 2014. Of the total direct investment assets abroad, SEK 143 billion are controlled by Swedish “special purpose entities” (SPEs), which are enterprises controlled from abroad and therefore have little impact on Sweden's economy.
Development of the Swedish krona
In 2015, the Swedish krona was strengthened by 1 percent against other currencies according to the trade-weighted TCW index. At the same time, the Swedish krona was weakened against the US dollar by 7 percent and strengthened against the euro by 4 percent.
Minor changes in net liabilities
The value of foreign direct investment assets in Sweden was SEK 2 473 billion at the end of 2015, which was an increase of SEK 80 billion. At the end of the year, liabilities to foreign owner groups were SEK 36 billion lower than the previous year and amounted to SEK 486 billion. In 2015, equity increased by SEK 117 billion to SEK 1 988 billion in total. Investment in Swedish SPEs accounts for SEK 185 billion, just over 7 percent, of total direct investment in Sweden.
Largest assets in the United States
Sweden's largest direct investment assets abroad are in the United States, Finland and the Netherlands. As in previous years, the largest assets are in the financial and insurance sectors, and in metal and machine products. The Netherlands continues to be the largest country owning direct investment assets in Sweden, followed by Luxembourg and the United Kingdom. The largest foreign direct investment assets in Sweden are in petroleum products, chemicals, pharmaceuticals, rubber and plastic products and in the financial and insurance sectors.
Income increased
In 2015, income from foreign direct investment assets in Sweden increased by SEK 18 billion compared with 2014, and amounted to SEK 160 billion. Income on Swedish direct investment assets abroad decreased by SEK 11 billion and amounted to SEK 226 billion in total.
Definitions and explanations
A direct investment relationship arises when someone, usually a company, directly or indirectly controls 10 percent or more of the votes in a company or commercial property located in another country. The direct investment assets measured in the survey consist of total equity and financial claims and liabilities within a direct investment relationship, as well as directly-owned commercial property. The results of this survey are also included in Sweden’s assets and liabilities in relation to other countries. The presentation of direct investment in Sweden's assets and liabilities in relation to other countries also includes information on holiday homes and trade credits. These items are not included in this survey.
The income is calculated as the profit/loss after financial items, adjusted for write-downs (net, including credit losses) capital gains/losses and taxes. Income on direct investments is booked on the current account. Net interest income and interest costs on direct investment loans , are included in the current account, as well as earnings on holiday homes, but these are not included in the survey.
Publication
A more detailed report of this survey is published in the report Direct Investments 2015.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.