asked Her Majesty's Government:Cumulatively, over the six year period 1993–98 inclusive, which 10 countries were the leading inward investors into the United Kingdom; and what percentage of total cumulative inward investment did each country provide over that period (in both cases excluding investment in real estate). [HL891]
The information requested falls within the responsibility of the Director of the Office for National Statistics, who has been asked to reply.
Letter to Lord Pearson of Rannoch from the Economic Statistics Director of the Office for National Statistics, Mr John Kidgell, dated 11 February 2000.
The Director of the Office for National Statistics (ONS) has been asked to reply to your parliamentary Question on the 10 leading inward investing countries into the United Kingdom over the six years 1993 to 1998.I am replying in Dr Holt's absence.
The only geographical breakdown available is for direct investment. The attached table shows the 10 leading countries in terms of cumulative flows of net direct investment over 1993 to 1998 inclusive, along with the percentage they contribute to the total cumulative net inward direct investment over that period. The figures exclude pure real estate investments by foreign companies.
Country
| Cumulative inward net* direct investment flows 1993–98 £ million
| Percentage of total net* inward direct investment into UK
|
| USA | 54,893 | 53 |
| Switzerland | 16,206 | 16 |
| Netherlands | 6,659 | 6 |
| Germany | 4,980 | 5 |
| France | 4,775 | 5 |
| Australia | 3,304 | 3 |
| Irish Republic | 2,274 | 2 |
Inward Investment and Gross Fixed Capital Investment 1993–98
| |||||||||
(£ million at current prices)
| |||||||||
A
| B
| A/B
| |||||||
Total Gross
| Transfer Costs of non-produced assets
| Dwellings GDFCF less dwellings etc NPQX -EQBY -DFDF
| |||||||
Inward Investment HBNS
| Fixed Capital Formation
| Public Sector
| Private Sector
| ||||||
HBNS
| CGLO
| -CGLO
| NPQX
| DLXQ
| DFDF
| EQBY
| -DLXQ
| ||
| 1993 | 163,293 | 460 | 162,833 | 101,230 | 376 | 17,124 | 5,089 | 78,641 | 207% |
| 1994 | 187,575 | 932 | 186,643 | 208,620 | 725 | 35,409 | 10,297 | 162,189 | 115% |
| 1995 | 303,824 | 1,156 | 302,668 | 324,980 | 851 | 54,193 | 15,519 | 254,417 | 119% |
| 1996 | 524,765 | 1,769 | 522,996 | 450,655 | 984 | 74,660 | 22,584 | 352,427 | 148% |
| 1997 | 768,425 | 2,619 | 765,806 | 584,808 | 1,298 | 96,678 | 30,183 | 456,649 | 168% |
| 1998 | 885,600 | 3,317 | 882,283 | 734,065 | 1,315 | 121,441 | 38,002 | 573,307 | 154% |
Source: NPQX,DLXQ,DFDF,EQBY, 1995–98 UK Economic Accounts No. 28, 1993 and 1994 ONS Databanks.
Source: Inward Investment, see Backround note 1.
Country
| Cumulative inward net* direct investment flows 1993–98 £ million
| Percentage of total net* inward direct investment into UK
|
| Belgium & Luxembourg (BLEU) | 1,633 | 2 |
| Bermuda | 1,630 | 2 |
| Norway | 1,162 | 1 |
| Total net* inward direct investment into UK | 103,162 | |
*Net of disinvestment (i.e. net of flows from UK subsidiaries to their foreign parents). | ||
asked Her Majesty's Government:Cumulatively, over the six-year period 1993–98 inclusive, what proportion did total inward investment from overseas (excluding investment in real estate) bear to total Gross Domestic Fixed Capital Formation (excluding dwellings and transfer costs on land and buildings). [HL892]
The information requested falls within the responsibility of the Director of the Office for National Statistics, who has been asked to reply.
Letter to Lord Pearson of Rannoch from the Economic Statistics Director of the Office for National Statistics, Mr John Kidgell, dated 11 February 2000.
The Director of the Office for National Statistics (ONS) has been asked to reply to your parliamentary Question on the proportion of investment income from abroad (excluding investment in real estate) relative to gross fixed capital formation (excluding dwellings and transfer costs). I am replying in Dr Holt's absence.
The data requested are shown in the table attached and are consistent with those published in the December Balance of Payments First Release and National Accounts First Release. You should note that data for inward investment includes portfolio investment and other financial flows, whereas gross fixed capital formation does not include the acquisition of financial assets.
asked Her Majesty's Government:Cumulatively, over the six-year period 1993–98 inclusive, what proportion did total inward investment from overseas (excluding investment in real estate) bear to United Kingdom gross domestic product. [HL893]
The information requested falls within the responsibility of the Director of the Office for National Statistics, who has been asked to reply.
Letter to Lord Pearson of Rannoch from the Economic Statistics Director of the Office for National Statistics, Mr John Kidgell, dated 11 February 2000.
The Director of the Office for National Statistics (ONS) has been asked to reply to your parliamentary Question on the proportion of investment income from abroad (excluding investment in real estate) relative to the United Kingdom's gross domestic product. I am replying in Dr Holt's absence.
The data requested are shown in the table below and are consistent with those published in the December Balance of Payments First Release and National Accounts First Release. The cumulative total for inward investment (excluding real estate) includes direct, portfolio and other investment.
Cumulative inward investment (excluding investment in real estate) £ million
| Cumulative Gross Domestic Product at current prices £ million
| Inward investment (excluding investment in real estate) as a proportion of Gross Domestic Product %
| |
| 1993 | 162,833 | 637,817 | 25.5 |
| 1994 | 186,643 | 1,313,853 | 14.2 |
| 1995 | 302,668 | 2,026,401 | 14.9 |
| 1996 | 522,996 | 2,781,002 | 18.8 |
| 1997 | 765,806 | 3,584,891 | 21.4 |
| 1998 | 882,283 | 4,432,311 | 19.9 |
Source:
Office for National Statistics.