Investments

Foreign Direct Investment Inflows into CAREC Countries, 2024 (US$ million)

Inflows from below to CAREC Azerbaijan People's Republic of China Georgia Kazakhstan Kyrgyz Republic Mongolia Pakistan Tajikistan Turkmenistan Uzbekistan Inflows into CAREC (excluding PRC) Inflows into CAREC (including PRC)
Afghanistan 0 3.970199 0 -0.011 1.9739 0 0 0.5344898 0 0 2.4973898 6.4675888
Albania 0 0 0 0 0 0 0 0 0 0 0
Algeria 0 0.5647197 0 0.09894 0.0033421 0 0 0 0 0 0.1022821 0.6670018
American Samoa 0 0 -0.0348 0 0 0 0 0 0 -0.0348 -0.0348
Andorra 0 0 -0.001 0 0 0 0 0 0 -0.001 -0.001
Angola 0 2.832827 0 1.47744 0 0 0 0 0 0 1.47744 4.310267
Anguilla 0 0 0 0 0 0 0 0 0 0 0
Antigua 0 1.135733 0 0.1287555 0 0.0368768 0 0 0 0 0.1656323 1.3013653
Argentina 0.1332847 6.596374 0.1657762 0.8201588 0 0.2104278 0.2808169 0 0 0 1.6104644 8.2068384
Armenia 0 2.021046 22.56806 -1.7951 0.055 0.0024 0 0.0427365 0 0 20.8730965 22.8941425
Aruba 0 0 0 0 0 0 0 0 0 0 0
Australia 0.4530673 300 0.9695052 2.62051 1.1252 17.86924 4.367574 0 0 0.0000066 27.4051031 327.405103
Austria 1.490341 26.03522 29.83575 20.744 0.0124 0.9831395 0.1752593 0.2534097 0 0.0947325 53.589032 79.624252
Azerbaijan 0 6.579253 70.71248 16.75526 26.125 0.2608026 0 0.1828182 0 0.06585 114.102211 120.681464
Bahamas 0.3744372 24.84627 0.148615 2.529592 0.0823032 0.7916477 1.602483 0 0 0 5.5290781 30.3753481
Bahrain 3.946075 37.74932 0 0.30246 0 0 32.82961 0 0.048855 0 37.127 74.87632
Bangladesh 0 15.23199 0 0 0 0.4337576 0.8921493 0 0 0 1.3259069 16.5578969
Barbados 0 11.56395 0 1.332655 0 0.3755379 0 0 0 0 1.7081929 13.2721429
Belarus 0 2.808641 -24.51466 1.3041 0 0 0 0 0 -20.401919 -20.401919
Belgium 13.34648 325.5897 1.080722 1205.714 0.0226 46.13248 0.240709 0 0 0 1266.53699 1592.12669
Belize 0.1877522 14.19151 -3.259109 1.326011 0 0.4378773 0 0 0 0 -1.3074685 12.8840415
Benin 0 0.8309776 0 0 0.0044262 0 0 0 0 0 0.0044262 0.8354038
Bermuda 0 0 36.33491 0 0 0 0 0 0 36.33491 36.33491
Bhutan 0 2.536766 0 0 0 0 0 0 0 0 0 2.536766
Bolivia 0 0.4364321 0 0 0.0015895 0 0 0 0 0 0.0015895 0.4380216
Bonaire, Saint Eustatius and Saba 0 0 0 0 0 0 0 0 0 0 0
Bosnia-Herzegovina 0 0 0 0 0 0 0 0 0 0 0
Botswana 0 0.4374931 0 0 0 0 0 0 0 0 0 0.4374931
Brazil 0.9515334 44.56699 0 -0.63914 0.1876983 0 0 0 0 0 0.5000917 45.0670817
British Indian Ocean Territory 0 0 0 0 0 0 0 0 0 0 0
Brunei Darussalam 0 4.594902 0 0 0 0 0.3730836 0 0 0 0.3730836 4.9679856
Bulgaria 0.647828 8.080669 5.004559 1.29882 0.009 0.3035389 0 0 0 -0.7576659 6.50608 14.586749
Burkina Faso 0 0.2350302 0 0 0 0 0 0 0 0 0 0.2350302
Burundi 0 0.1110114 0 0 0 0 0 0 0 0 0 0.1110114
Cambodia 0 15.70868 0 0 0 1.798345 0 0 0 0 1.798345 17.507025
Cameroon 0 0.470101 0 0 0 0.01556 0 0 0 0 0.01556 0.485661
Canada 7.208881 300 0.99282 146.3708 0.0561 18.45789 193.3316 2.089766 0 0 368.507857 668.507857
Cape Verde 0 0.3570049 0 0 0 0 0 0 0 0 0 0.3570049
Cayman Islands 1.717774 5500 1.254998 16.71159 0.3056 3.735448 0 0.4975604 0 0 24.2229704 5524.22297
Central African Republic 0 0.1150637 0 0 0 0 0 0 0 0 0 0.1150637
Chad 0 0.2275214 0 0.0395502 0 0 0 0 0 0 0.0395502 0.2670716
Chile 0 6.749836 0 1.82907 0 0 0 0 0 0 1.82907 8.578906
Colombia 0.1286104 8.142317 0 0.8416547 0 0 0 0 0 0 0.9702651 9.1125821
Comoros 0 0.6154764 0 0 0 0 0 0 0 0 0 0.6154764
Congo (DRC) 0 0 0 0 0 0 0 0 0 0 0
Cook Islands 0 0.8240811 0 0 0 0 0 0 0 0 0 0.8240811
Costa Rica 0 2.773481 0 -0.07097 0 0 0 0 0 0 -0.07097 2.702511
Cote d'Ivoire (Ivory Coast) 0 0.9339224 0 0 0 0 0 0 0 0 0 0.9339224
Croatia 0.2394844 4.065338 0.6667957 0.09347 0.027794 0 0 0 0.0018468 0.0148958 1.0442867 5.1096247
Cuba 0 0 0 0 0 0 0 0 0 0 0
Curacao 0 0 2.20969 0 0 0 0 0 0 2.20969 2.20969
Cyprus 5.654929 43.02114 -20.41108 777.3309 33.9233 1.59359 0 0.6226263 0.036008 0.2198911 798.970164 841.991304
Czech Republic 1.07811 20.65843 55.87566 42.3934 1.8343 1.114491 0 0.1921126 0.0085356 0.0721278 102.568737 123.227167
Denmark 10.56121 243.6001 -8.441401 77.31144 1.52669 9.325915 0.2362893 0 0.0874567 0.7863318 91.3939318 334.994032
Djibouti 0 0.3147174 0 0 0 0 0 0 0 0 0 0.3147174
Dominica 0 1.315299 0 0.1496608 0.0049058 0 0 0 0 0 0.1545666 1.4698656
Dominican Republic 0 1.961483 0 0 0 0 0 0 0 0 0 1.961483
Ecuador 0 1.430329 0 0 0 0 0 0 0 0 0 1.430329
Egypt 0.7161539 7.50069 -1.827138 0.842 0.0601422 0 0.6383827 0 0 0 0.4295408 7.9302308
El Salvador 0 0.5715744 0 0 0 0 0 0 0 0 0 0.5715744
Equatorial Guinea 0 1.186677 0 0 0 0 0 0 0 0 0 1.186677
Eritrea 0 0.1283807 0 0 0 0 0 0 0 0 0 0.1283807
Estonia 0.4583979 10.0987 1.989465 17.88314 0.1139 0.4028008 0 0 0 0 20.8477037 30.9464037
Eswatini 0 0.8085295 0 0 0 0 0 0 0 0 0 0.8085295
Ethiopia 0 1.348797 0 0 0 0 0 0 0 0 0 1.348797
Fiji 0 0.3024209 0 0 0 0 0 0 0 0 0 0.3024209
Finland 2.549109 58.13498 6.737359 41.75319 0.3927146 0.0728016 3.676759 0 0.0211775 0.1999963 55.403107 113.538087
France 24.13576 1000 8.393392 843.3286 1.5617 11.59614 99.15794 4.848429 0.2055777 1.806009 995.033548 1995.03355
French Guiana 0 0 0 0 0 0 0 0 0 0 0
French Polynesia 0 0 0 0 0 0 0 0 0 0 0
Gabon 0 0.7293695 0 0 0 0 0 0 0 0 0 0.7293695
Gambia 0 0.2640103 0 0 0 0 0 0 0 0 0 0.2640103
Georgia 2.853689 4.243055 0 -115.1372 0.0225 0.167125 0 0 0 0 -112.09389 -107.85083
Germany 56.46469 1900 38.89111 543.2431 23.9095 17.26768 33.00287 11.05089 0.4715614 4.146469 728.44787 2628.44787
Ghana 0 0.5860773 0 0 0 0 0 0 0 0 0 0.5860773
Gibraltar 0 0.0211428 0 0 0 0 0 0 0 0.0211428 0.0211428
Greece 1.070464 13.02206 0.7948978 1.09641 0.0984601 0 0 0 0 0.0931583 3.1533902 16.1754502
Greenland 0 0 0 0 0 0 0 0 0 0 0
Grenada 0 0.1089724 0 0 0.0004061 0 0 0 0 0 0.0004061 0.1093785
Guadeloupe 0 0 0 0 0 0 0 0 0 0 0
Guam 0 0 0 0 0 0 0 0 0 0 0
Guatemala 0 1.475783 0 0 0 0 0 0 0 0 0 1.475783
Guernsey 0 0 -6.78188 0 0 0 0 0 0 -6.78188 -6.78188
Guinea 0 0.7512485 0 0 0 0 0 0 0 0 0 0.7512485
Guinea Bissau 0 0.0905659 0 0.0133691 0 0 0 0 0 0 0.0133691 0.103935
Guyana 0 0.2409718 0 0 0 0 0 0 0 0 0 0.2409718
Haiti 0 0.060425 0 0 0 0 0 0 0 0 0 0.060425
Honduras 0 0.7852539 0 0 0 0.0242169 0 0 0 0 0.0242169 0.8094708
Hong Kong, China 10.77659 73800 3.66814 29.49457 4.979845 88.01507 369.8939 5.86732 0 0 512.695435 74312.6954
Hungary 0.6297001 9.979872 -3.440184 39.07682 0.0374 0.3780882 16.40189 0 0 0.0380348 53.1217491 63.1016211
Iceland 0 0.0807027 0.154 0 0 0 0 0 0 0.2347027 0.2347027
India 10.29097 516.0267 5.284216 50.98615 5.489 19.04386 0 11.05765 0 3.086272 105.238118 621.264818
Indonesia 0 70.54315 0 10.89715 0.1559963 1.627206 1.882078 0 0 0 14.5624303 85.1055803
Iran 3.553043 7.53525 0.5956485 14.07345 0.1877 0.2892838 1.018821 0.2278225 0 0 19.9457688 27.4810188
Iraq 0 1.416663 -5.065604 0.4242678 0.0152509 0.0528471 0 0 0 0 -4.5732382 -3.1565752
Ireland 6.123864 186.2985 0.8445329 0.09584 0.0002 0.2203436 0.198407 0 0 0 7.4831875 193.781688
Isle of Man 0 0 0 0 0 0 0 0 0 0 0
Israel 0 37.01329 80.01345 0.74 0 0 0 0 0 117.76674 117.76674
Italy 26.44097 481.781 1.178546 34.42432 0.579 1.976803 4.43548 4.618823 0.2108891 1.694649 75.5594801 557.34048
Jamaica 0 0.5089071 0 0 0 0 0 0 0 0 0 0.5089071
Japan 17.2893 2100 51.11384 468.6101 2.2858 153.2539 28.56968 8.091166 0 0.328805 729.542591 2829.54259
Jersey 0 0 0.50076 0 0 0 0 0 0.50076 0.50076
Jordan 0.5954208 4.53701 -0.0604592 0.25809 2.1231 0.1660652 0 0 0 0 3.0822168 7.6192268
Kazakhstan 2.684974 119.4864 31.59607 0 113.5504 6.010641 0 4.26097 12.18058 99.15695 269.440585 388.926985
Kenya 0 3.517694 0 0 0 0 0 0 0 0 0 3.517694
Kiribati 0 0.4796103 0 0 0 0 0 0 0 0 0 0.4796103
Kuwait 3.130951 20.20171 0 6.01164 0.0495 0 40.13048 0 0 0 49.322571 69.524281
Kyrgyz Republic 0 4.293973 0.5145351 5.11999 0 0.0005 0 0.2316069 0 0 5.866632 10.160605
Lao PDR 0 1.642445 0 0 0 0 0 0 0 0 0 1.642445
Latvia 0.285186 5.594401 15.34698 23.78804 0.1244 0.2212403 0 0.0527338 0 0.0204015 39.8389816 45.4333826
Lebanon 0.8013459 5.612694 2.432447 -2.2165 0.0502779 0.2072773 17.95225 0 0 0 19.2270981 24.8397921
Lesotho 0 0.1132079 0 0 0 0 0 0 0 0 0 0.1132079
Liberia 0 5.846957 0 0.8736481 0 0.1951231 0.6445135 0 0 0 1.7132847 7.5602417
Libya 0 2.225513 0.3358541 0 0 0 0.1411469 0 0 0 0.477001 2.702514
Liechtenstein 0 0.643102 -16.46593 0 0 0 0 0 0 -15.822828 -15.822828
Lithuania 0.1141803 1.953501 6.787564 -18.43653 0.0298 0 0 0 0.0008725 0.573683 -10.93043 -8.9769292
Luxembourg 8.590182 198.2407 9.599079 390.1158 76.3818 54.57178 7.327654 1.671228 0.0717376 0.6242052 548.953466 747.194166
Macau 0 0 0 0 0 0 0 0 0 0 0
Madagascar 0 0.8326313 0 0 0 0 0 0 0 0 0 0.8326313
Malawi 0 0.2423472 0 0 0 0 0 0 0 0 0 0.2423472
Malaysia 3.674459 1294.638 0 -2.99142 1.379264 0.7725024 38.31713 0 417.3712 0.6250466 459.148182 1753.78618
Maldives 0 0.6532168 0 0 0 0 0 0 0 0 0 0.6532168
Mali 0 0.8700107 0 0 0 0 0 0 0 0 0 0.8700107
Malta 0.408698 7.050812 175.7546 8.45999 0.0469656 0 23.14568 0 0 0 207.815934 214.866746
Marshall Islands 0 130.2165 41.34041 0 0 0 0 0 0 0 41.34041 171.55691
Martinique 0 0 0 0 0 0 0 0 0 0 0
Mauritania 0 0.9238098 0 0 0 0.0313805 0 0 0 0 0.0313805 0.9551903
Mauritius 0 62.37806 2.153539 -1.3612 0 1.808968 7.428889 0 0 0 10.030196 72.408256
Mayotte 0 0 0 0 0 0 0 0 0 0 0
Mexico 0.4226462 36.23467 0 3.145967 0 0 0 0 0 0 3.5686132 39.8032832
Micronesia, Fed. States of 0 0 0 0 0 0 0 0 0 0 0
Moldova 0 0.1182078 1.07454 0.0002 0 0 0 0 0 1.1929478 1.1929478
Monaco 0 0 -812.816 0 0 0 0 0 0 -812.816 -812.816
Mongolia 0 66.20592 0 3.16622 0 0 0 0 0 0 3.16622 69.37214
Montenegro 0 0 0 0 0 0 0 0 0 0 0
Monteserrat 0 0 0 0 0 0 0 0 0 0 0
Morocco 0.275269 7.709967 0 0.01092 0.0417496 0.2713509 0 0 0 0 0.5992895 8.3092565
Mozambique 0 1.525846 0 0.2080213 0 0 0 0 0 0 0.2080213 1.7338673
Myanmar 0 2.186741 0 0 0 0.0555277 0 0 0 0 0.0555277 2.2422687
Namibia 0 1.13431 0 0 0 0 0 0 0 0 0 1.13431
Nauru 0 0 0 0 0 0 0 0 0 0 0
Nepal 0 1.141304 0 0.2519091 0 0.0389562 0 0 0 0 0.2908653 1.4321693
Netherlands 108.5441 2685.224 151.6983 3816.076 9.2002 1448.947 139.5562 21.80145 0.9189872 8.188344 5704.93058 8390.15458
Netherlands Antilles 0 0 0 0 0 0 0 0 0 0 0
New Caledonia 0 0 0 0 0 0 0 0 0 0 0
New Zealand 0.4199457 60.72458 0 4.010217 0 0.0659287 0.06596 0 0 0.0588208 4.6208722 65.3454522
Nicaragua 0 0.2837792 0 0 0 0 0 0 0 0 0 0.2837792
Niger 0 0.3428978 0 0 0.0018775 0 0 0 0 0 0.0018775 0.3447753
Nigeria 0 7.461177 0 1.188836 0 0 0.9130663 0 0 0 2.1019023 9.5630793
Norfolk Island 0 0 0 0 0 0 0 0 0 0 0
North Korea 0 0 0 0 0 0 0 0 0 0 0
North Macedonia 0 0 0 0.9829 0 0 0 0 0 0.9829 0.9829
Norway 0 0.9388395 0.0363 0 0 64.09092 0 0 0 65.0660595 65.0660595
Oman 0.6069601 10.02744 0 4.40719 0.1040779 0 0.8340035 0.2228913 0 0 6.1751228 16.2025628
Pakistan 0.3937112 12.73416 0 0.0321 4.9334 0.5164084 0 0.8646683 0 0 6.7402879 19.4744479
Palau 0 0.0066378 0 0 0 0 0 0 0 0 0 0.0066378
Palestine 0 0 0 0 0 0 0 0 0 0 0
Panama 0.596666 40.04145 -2.252041 32.10772 0 1.248603 0 0 0 0 31.700948 71.742398
Papua New Guinea 0 1.091513 0 0 0 0 0 0 0 0 0 1.091513
Paraguay 0 0.2775389 0 0 0 0 0 0 0 0 0 0.2775389
People's Republic of China 75.98851 29.04402 1191.165 286.5182 235.9063 1687.496 40.21611 1.031608 15.62772 3562.99347 3562.99347
Peru 0 2.843911 0 0.09806 0 0 0 0 0 0 0.09806 2.941971
Philippines 0.2888189 109.6281 0.1572802 0.22006 0.1194232 0.4211503 2.726758 0 0 0 3.9334906 113.561591
Poland 3.418918 58.6034 10.38313 88.65904 0.0001 2.265466 0.6359348 0 0.0261052 0.2203838 105.609078 164.212478
Portugal 0.6443964 18.74327 -0.4567161 1.15521 0.0999107 0 0.9218582 0 0 0 2.3646592 21.1079292
Puerto Rico 0 0.796662 0 0 0 0 0 0 0 0 0 0.796662
Qatar 2.578242 27.62337 2.357143 156.3479 0.2798536 0.2043439 2.365648 0.5699864 0 0 164.703117 192.326487
Rep. of Korea 10.33448 2400 1.586566 1222.855 6.0849 30.4545 59.80647 5.228596 0.1361242 1.935524 1338.42216 3738.42216
Republic of the Congo 0 0.3988549 0 0 0 0 0.0237396 0 0 0 0.0237396 0.4225945
Reunion 0 0 0 0 0 0 0 0 0 0 0
Romania 0 -0.4008995 0.84978 0 0 0 0 0 0 0.4488805 0.4488805
Russian Federation 94.73424 324.8214 23.57029 4050.16 279.321 38.27051 0 16.65764 0.7402788 6.628584 4510.08254 4834.90394
Rwanda 0 0.1277086 0 0 0 0 0 0 0 0 0 0.1277086
Saint Helena 0 0 0 0 0 0 0 0 0 0 0
Saint Kitts and Nevis 0 3.108792 3.295093 0.6942 0.0114752 0.100813 0 0 0 0 4.1015812 7.2103732
Saint Martin 0 0 0 0 0 0 0 0 0 0 0
Saint Pierre et Miquelon 0 0 0 0 0 0 0 0 0 0 0
Saint Vincent & the Grenadines 0 2.439875 0 -1.052 0 0 0 0 0 0 -1.052 1.387875
Samoa 0 3.142075 0 -0.03786 0.0054 0 0 0 0 0 -0.03246 3.109615
San Marino 0 0 0 0 0 0 0 0 0 0 0
Sao Tome and Principe 0 0.0209341 0 0 0 0 0 0 0 0 0 0.0209341
Saudi Arabia 4.108332 42.59961 7.78346 -0.43526 0.3961208 1.509368 88.2884 0 0 0 101.650421 144.250031
Senegal 0 1.374353 0 0 0 0 0 0 0 0 0 1.374353
Serbia 0 0 -0.66688 0 0 0 0 0 0.0008257 -0.6660543 -0.6660543
Serbia and Montenegro 0 0 0 0 0 0 0 0 0 0 0
Seychelles 0 28.78169 -2.425435 2.38076 0.3642 0.8755605 4.417016 0 0 0 5.6121015 34.3937915
Sierra Leone 0 0.4371892 0 0 0 0 0 0 0 0 0 0.4371892
Singapore 12.69705 10700 0 709.7781 0 894.3902 95.20233 6.263301 0 0 1718.33098 12418.331
Slovak Republic 0.2472146 4.213475 4.715629 -0.21609 0.0290739 0.1593467 0 0 0.0018967 0.0155229 4.9525938 9.1660688
Slovenia 0.211578 3.767736 0.0894649 7.24977 0 0 0 0 0 0.0134896 7.5643025 11.3320385
Solomon Islands 0 0.263714 0 0 0 0 0 0 0 0 0 0.263714
Somalia 0 0 0 0 0 0 0 0 0 0 0
South Africa 0.8828875 40.50681 0 3.5533 0.1768006 0 4.393883 0 0 0 9.0068711 49.5136811
South Sudan 0 0 0 0 0 0 0 0 0 0 0
Spain 7.08164 187.4787 -184.115 30.33021 1.04619 6.713535 0 0 0.0623996 0.5421569 -138.33887 49.1398315
Sri Lanka 0 4.056881 0 0.00017 0.0181387 0.1151518 0.2846411 0 0 0 0.4181016 4.4749826
St Lucia 0 0.152402 0 0 0 0 0 0 0 0 0 0.152402
Sudan 0 0.3169418 0 0 0 0 0 0 0 0 0 0.3169418
Suriname 0 0.1740865 0 0 0 0 0 0 0 0 0 0.1740865
Sweden 7.451268 178.7569 2.910331 47.80503 0.9874 7.000259 10.01018 0 0.0623672 1.135543 77.3623782 256.119278
Switzerland 3.196067 69.2654 26.05422 439.4355 10.7668 4.853836 214.6613 0.6043668 0.0263852 0.2244436 699.822919 769.088319
Syria 0.203385 1.378966 0.0893304 0.3545829 0.012495 0.0508906 0 0 0 0 0.7106839 2.0896499
Taipei,China 2.00949 600 0 29.75909 0 19.11124 0 0 0 0 50.87982 650.87982
Tajikistan 0 1.499733 0 1.59259 0.7262 0.0653087 0 0 0 0 2.3840987 3.8838317
Tanzania 0 1.141245 0 0 0 0 0 0 0 0 0 1.141245
Thailand 1.751667 351.5701 0 1.11167 0 7.968165 2.452396 0 0 0 13.283898 364.853998
Timor-Leste 0 0 0 0 0 0 0 0 0 0 0
Togo 0 2.399233 0 0 0 0 0 0 0 0 0 2.399233
Tonga 0 0.696909 0 0 0 0 0 0 0 0 0 0.696909
Trinidad & Tobago 0 2.091454 0 0 0 0 0 0 0 0 0 2.091454
Tunisia 0 1.609049 0 -0.019 0 0 0 0 0 0 -0.019 1.590049
Turkiye 11.01131 106.0094 93.27164 597.9034 56.7142 0.8646643 22.30572 1.370492 0.0731761 97 880.514602 986.524002
Turkmenistan 0 0.7904562 0.7249701 0.36028 0.1838 0.0315245 0 0 0 0 1.3005746 2.0910308
Turks and Caicos Islands 0 0 0 0 0 0 0 0 0 0 0
Tuvalu 0 0.0411946 0 0 0 0 0 0 0 0 0 0.0411946
United Arab Emirates 25.7024 326.3424 8.873533 169.1559 13.8689 0 266.06 6.99953 0 0 490.660263 817.002663
Uganda 0 1.291217 0 0 0 0 0 0 0 0 0 1.291217
United Kingdom 16.82317 1400 448.2238 723.7488 12.4098 940.4623 250.0437 3.500338 0.1455881 1.309844 2396.66734 3796.66734
Ukraine 0.7015166 8.224686 7.711783 14.19675 0.0838 0.3240748 0 0 0 0.0374383 23.0553627 31.2800487
United States 38.58019 2700 98.33926 -869.7972 15.2929 157.2664 110.266 10.99202 0.3944674 4.077332 -434.58863 2265.41137
US Virgin Islands 0 0 0 0 0 0 0 0 0 0 0
Uruguay 0 3.396606 0 1.13348 0 0 0 0 0 0 1.13348 4.530086
Uzbekistan 0 6.12332 0.1044165 17.66091 19.0143 0.2671125 0 1.45894 0 0 38.505679 44.628999
Vanuatu 0 0.3685387 0 0 0 0 0 0 0 0 0 0.3685387
Vatican City 0 0 0 0 0 0 0 0 0 0 0
Venezuela 0.0593535 3.442018 0 0.3775176 0.0123543 0 0 0 0 0 0.4492254 3.8912434
Viet Nam 0.4928049 162.7098 0 -0.11 0.2364278 3.289762 0 0 0 0 3.9089947 166.618795
Virgin Islands (British) 0 3900 -17.81021 561.3469 9.3387 0 0 0 0 0 552.87539 4452.87539
Wallis and Futuna 0 0 0 0 0 0 0 0 0 0 0
Yemen 0 0.4964543 0 0 0 0 0 0 0 0 0 0.4964543
Yugoslavia 0 0 0 0 0 0 0 0 0 0 0
Zambia 0 0.6660106 0 0 0 0 0 0 0 0 0 0.6660106
Zimbabwe 0 0.8175983 0 0 0 0 0 0 0 0 0 0.8175983
UNSPECIFIED -432.9401 463.6969 -1327.574 -17029.85 -327.0002 -5767.241 -1388.116 118.1681 1210.434 2586.219 -22357.9 -21894.203
WORLD 231.276 116237.7 1333.818 -2550.493 705.3333 2782.176 2568 291.3126 1644.77 2836.125 9842.3179 126080.018
CAREC excluding PRC 5.9323742 103.652472 -70.44985 164.5556 7.3194227 n.a. 6.9990034 12.18058 99.2228
CAREC including PRC 81.9208842 221.95627 132.696492 1120.71515 451.0738 243.225723 1687.496 47.2151134 13.212188 114.85052
NOTE: Foreign direct investment flows with a negative sign indicate that at least one of the three subcomponents (equity capital, reinvested earnings, other capital related to intercompany debt) is negative and not offset by positive amounts of the remaining subcomponents. Sources: ADB calculations using data from the ASEAN Secretariat. ASEANstats Data Portal; CEIC Data Company; Eurostat. Balance of Payments; International Monetary Fund. World Economic Outlook Database, April 2025; and UN Trade and Development. World Investment Report 2025 Statistical Annex Tables (all accessed July 2025).

Cumulative Foreign Direct Investment Inflows into CAREC Countries, 2001 to  2024 (US$ million)

Inflows from below to CAREC Azerbaijan People's Republic of China Georgia Kazakhstan Kyrgyz Republic Mongolia Pakistan Tajikistan Turkmenistan Uzbekistan Inflows into CAREC (excluding PRC) Inflows into CAREC (including PRC)
Afghanistan 0 93.699399 0 16.943793 20.4570976 0 0 6.1039435 0 0 43.5048341 137.204233
Albania 0.144 0.94 0 0 0 0 0 0 0 0 0.144 1.084
Algeria 0 36.3606021 0 0.896655 0.0250886 0 0 0 0 0 0.9217436 37.2823457
American Samoa 0 0 -0.0348 0 0 0 0 0 0 -0.0348 -0.0348
Andorra 0 0.1 0 -0.001 0 0 0 0 0 0 -0.001 0.099
Angola 0 53.085832 0 5.7928317 0 0 0 0 0 0 5.7928317 58.8786637
Anguilla 0 0 -15.389 0 0.2 0 0.20175 0 0 -14.98725 -14.98725
Antigua 0 42.1716426 0 -7.2600363 0 0.9907347 0 0 0 0 -6.2693016 35.902341
Argentina 2.1934829 183.447921 1.56674 6.9417374 0 1.9038686 2.1564995 0 0 0 14.7623284 198.210249
Armenia 0 22.0688521 179.471464 17.50539 0.3698125 1.5276949 0 0.2688171 0 0 199.143178 221.21203
Aruba 0 0 0 2.76355 0 0 0 0 0 0 2.76355 2.76355
Australia 9.1705809 8975.9 49.4704021 21.37325 162.7432 936.494232 500.733561 0 0 0.3924829 1680.37771 10656.2777
Austria 213.356754 2710.89522 396.804443 3085.49777 16.2829181 9.1882837 286.14125 8.1354815 0 0.8082195 4016.21512 6727.11034
Azerbaijan 0 28.283088 2961.63713 319.7727 32.8145675 2.3707876 0 2.2434952 0 58.4814227 3377.3201 3405.60319
Bahamas 5.4418393 1658.88965 -2.7646983 -130.9117 1.1850293 21.2107912 59.5321079 0 0 0 -46.306629 1612.58302
Bahrain 177.144227 320.43334 0 4.86894 0 0 258.811782 0 2.0641969 0 442.889146 763.322486
Bangladesh 0 57.17199 0 0 0 3.5533979 19.7180421 0 0 0 23.27144 80.44343
Barbados 0 4853.73395 0 200.980113 0 45.9650598 0 0 0 0 246.945173 5100.67912
Belarus 6.40551 38.31 24.7814133 1240.10908 56.8061 0.242 0 0.00606 0 2.013 1330.36316 1368.67316
Belgium 154.316802 2491.5897 54.1051827 13736.4466 6.0624257 232.14729 27.965973 0 0 0 14211.0443 16702.634
Belize 8.0543303 508.24151 59.5795508 103.401531 0 3.7720302 0 0 0 0 174.807442 683.048952
Benin 0 29.5980342 0 0 0.0312431 0 0 0 0 0 0.0312431 29.6292773
Bermuda 0 12631.1 0 1641.75063 0 127.367 0 0 0 0 1769.11763 14400.2176
Bhutan 0 24.037629 0 0 0 0 0 0 0 0 0 24.037629
Bolivia 0 32.262202 0 0 0.0432562 0 0 0 0 0 0.0432562 32.3054582
Bonaire, Saint Eustatius and Saba 0 0 0 0 0 0 0 0 0 0 0 0
Bosnia-Herzegovina 0 0.95 0 0 0 0 0.546552 0 0 0 0.546552 1.496552
Botswana 0 33.3289328 0 0 0 0 0 0 0 0 0 33.3289328
Brazil 7.9704899 791.99699 0 31.777736 1.5224339 0 0 0 0 0 41.2706598 833.26765
British Indian Ocean Territory 0 0 0 0 0 0 0 0 0 0 0
Brunei Darussalam 0 2823.69173 0 0 0 0 25.8259296 0 0 0 25.8259296 2849.51766
Bulgaria 12.2411707 78.610669 59.7859996 27.41002 0.5442371 5.801403 0 0 0 26.4506555 132.233486 210.844155
Burkina Faso 0 7.7212942 0 0 0 0 0 0 0 0 0 7.7212942
Burundi 0 0.9591163 0 0 0 0 0 0 0 0 0 0.9591163
Cambodia 0 442.355547 0 0 0 6.830816 0 0 0 0 6.830816 449.186363
Cameroon 0 39.9166241 0 0 0 0.1250997 0 0 0 0 0.1250997 40.0417238
Canada 101.825924 9702.56 33.1659193 6559.05371 2169.9154 11184.7042 259.131831 13.2693366 0 0 20321.0663 30023.6263
Cape Verde 0 10.78904 0 0 0 0 0 0 0 0 0 10.78904
Cayman Islands 46.378875 59201.27 52.5261373 1250.06356 3.6746031 107.764606 0 5.9640052 0 0 1466.37179 60667.6418
Central African Republic 0 1.869329 0 0 0 0 0 0 0 0 0 1.869329
Chad 0 2.2365741 0 0.0622049 0 0 0 0 0 0 0.0622049 2.298779
Chile 0 165.569836 0 3.9323921 0 0 0 0 0 0 3.9323921 169.502228
Colombia 1.438245 51.091943 0 7.5836299 0 0 0 0 0 0 9.0218749 60.1138179
Comoros 0 5.8678786 0 0 0 0 0 0 0 0 0 5.8678786
Congo (DRC) 0 1.93 0 0 0 0 0 0 0 0 0 1.93
Cook Islands 0 103.013056 0 0 0 0 0 0 0 0 0 103.013056
Costa Rica 0 30.934764 0 1.8836044 0 0 0 0 0 0 1.8836044 32.8183684
Cote d'Ivoire (Ivory Coast) 0 7.6998957 0 0 0 0 0 0 0 0 0 7.6998957
Croatia 2.2810943 23.637939 6.0615335 9.484353 0.1952412 0 0 0 0.0156652 0.6236695 18.6615567 42.2994957
Cuba 0 60.03 0 0 0.2463 0 0 0 0 0 0.2463 60.2763
Curacao 0 0 0 -40.02704 0 0 0 0 0 0 -40.02704 -40.02704
Cyprus 4402.93575 391.28114 208.601873 5109.92059 359.436677 23.6904383 0 222.033288 -0.5524454 1.9921396 10328.0583 10719.3395
Czech Republic 62.2508071 300.71843 1042.31095 383.4573 16.4553778 22.197619 0 3.7050251 0.0739696 -2.7010017 1527.75005 1828.46848
Denmark 96.130102 4971.6901 298.464748 301.8891 8.988655 79.650815 11.6686153 0 0.8149885 -27.814794 769.79223 5741.48233
Djibouti 0 7.5556096 0 0 0 0 0 0 0 0 0 7.5556096
Dominica 0 22.121526 0 1.422713 3.2622632 0 0 0 0 0 4.6849762 26.8065022
Dominican Republic 0 33.2290929 0 0 0 0 0 0 0 0 0 33.2290929
Ecuador 0 18.6366611 0 0 0 0 0 0 0 0 0 18.6366611
Egypt 9.8745853 93.280574 95.8178172 7.822201 0.8420422 0 361.537037 0 0 0 475.893682 569.174256
El Salvador 0 6.5837739 0 0 0 0 0 0 0 0 0 6.5837739
Equatorial Guinea 0 19.7034743 0 0 0 0 0 0 0 0 0 19.7034743
Eritrea 0 1.9861126 0 0 0 0 0 0 0 0 0 1.9861126
Estonia 11.1047914 431.749082 153.571176 120.9297 0.7442745 3.236901 0 0 0 0 289.586842 721.335924
Eswatini 0 7.9897305 0 0 0 0 0 0 0 0 0 7.9897305
Ethiopia 0 17.4926253 0 0 0 0 0 0 0 0 0 17.4926253
Fiji 0 6.0847405 0 0 0 0 0 0 0 0 0 6.0847405
Finland 27.036821 1511.83498 17.5689603 466.63661 2.029135 6.7605524 72.646189 0 -0.9072453 4.4742766 596.245299 2108.08028
France 930.037245 18191.27 278.493053 20578.2407 20.3465 221.882232 721.339068 131.271593 1.9607062 53.2452643 22936.8164 41128.0864
French Guiana 0 0 0 0 0 0 0 0 0 0 0 0
French Polynesia 0 0 0 0 0 0 0 0 0 0 0 0
Gabon 0 16.1426274 0 0 0 0 0 0 0 0 0 16.1426274
Gambia 0 33.4816544 0 0 0 0 0 0 0 0 0 33.4816544
Georgia 227.300391 33.576867 0 135.11716 0.2423293 1.24334 0 0 0 0 363.90322 397.480087
Germany 733.47672 38597.83 569.496754 7368.60385 467.4481 298.180789 915.93873 51.6598849 102.872967 172.918738 10680.5965 49278.4265
Ghana 0 66.9470262 0 0 0 0 0 0 0 0 0 66.9470262
Gibraltar 0 39.43 22.1546648 335.80454 0 0.1 0 0 0 0 358.059205 397.489205
Greece 11.8711899 105.99206 50.695532 10.482313 0.7625387 0 0 0 0 0.4661216 74.2776952 180.269755
Greenland 0 0 0 0 0 0 0 0 0 0 0 0
Grenada 0 3.9456959 0 0 0.3731213 0 0 0 0 0 0.3731213 4.3188172
Guadeloupe 0 0 0 0 0 0 0 0 0 0 0 0
Guam 0 0 0 0 0 0 0 0 0 0 0 0
Guatemala 0 11.4636535 0 0 0 0 0 0 0 0 0 11.4636535
Guernsey 0 0 0 131.66247 0 0 0 0 0 0 131.66247 131.66247
Guinea 0 14.2447218 0 0 0 0 0 0 0 0 0 14.2447218
Guinea Bissau 0 11.0964411 0 0.1152792 0 0 0 0 0 0 0.1152792 11.2117203
Guyana 0 2.2111175 0 0 0 0 0 0 0 0 0 2.2111175
Haiti 0 0.5168484 0 0 0 0 0 0 0 0 0 0.5168484
Honduras 0 28.6949271 0 0 0 0.18376 0 0 0 0 0.18376 28.8786871
Hong Kong, China 76.980837 1583914.21 17.7944618 511.0137 30.64433 941.566962 3433.09284 53.935021 0 0 5065.02815 1588979.24
Hungary 332.949854 354.459872 16.5578522 401.50151 37.806399 4.107319 320.39351 0 0 0.3149107 1113.63135 1468.09123
Iceland 1.344 63.14 -1.4140793 4.653 1.4343 0 7.137993 0 0 0 13.1552137 76.2952137
India 550.305445 1447.2867 97.8515629 490.53723 25.954415 153.068165 0 82.0317902 0 28.012854 1427.76146 2875.04816
Indonesia 0 2082.61315 0 220.126875 1.1489542 13.276811 11.8767723 0 0 0 246.429413 2329.04256
Iran 1465.9552 149.686407 49.0503831 221.10226 28.5259 2.8104813 81.637037 166.754289 0 0 2015.83555 2165.52195
Iraq 0 30.98885 -9.1455769 1.669334 0.1157599 0.5421921 0 0 0 0 -6.8182909 24.1705591
Ireland 47.583372 3315.2385 8.7194359 149.48818 1.5654756 18.2977389 56.712464 0 0 0 282.366666 3597.60517
Isle of Man 0 0 0 -2.77786 0 2.81 0 0 0 0 0.03214 0.03214
Israel 28.070322 578.61 283.788652 491.37555 15.1769 7.933 0 0 0 0 826.344424 1404.95442
Italy 234.251942 6956.681 163.739735 9252.35292 13.2324551 68.3876613 960.261513 62.9618214 447.668766 71.8875843 11274.7444 18231.4254
Jamaica 0 13.2813558 0 0 0 0 0 0 0 0 0 13.2813558
Japan 3573.36978 105619.69 373.808977 8641.1044 53.985282 1479.17373 1247.56665 84.051973 0 59.496517 15512.5573 121132.247
Jersey 0 0 0 51.30447 0 0 0 0 0 0 51.30447 51.30447
Jordan 5.1402831 68.16701 -29.816966 16.01313 15.7828949 1.3754339 0 0 0 0 8.4947758 76.6617858
Kazakhstan 104.27297 452.42613 367.632984 0 1715.9761 63.93929 0 107.507495 95.76662 475.66782 2930.76328 3383.18941
Kenya 0 36.79548 0 0 0 0 0 0 0 0 0 36.79548
Kiribati 0 8.1647356 0 0 0 0 0 0 0 0 0 8.1647356
Kuwait 36.860193 136.82889 0 84.503597 18.7265927 0 613.31694 0 0 0 753.407323 890.236213
Kyrgyz Republic 0 42.348415 6.6344161 -71.41524 0 5.3499847 0 8.4716893 0 0 -50.95915 -8.6107349
Lao PDR 0 64.2536965 0 0 0 0 0 0 0 0 0 64.2536965
Latvia 78.9377173 36.658938 82.0732001 300.33599 33.4406909 1.7918384 0 1.4302518 0 19.3758321 517.385521 554.044459
Lebanon 16.0697387 62.325089 11.2491691 212.0081 0.6410203 4.3491776 151.842535 0 0 0 396.159741 458.48483
Lesotho 0 3.5412951 0 0 0 0 0 0 0 0 0 3.5412951
Liberia 0 64.217475 0 4531.67922 0 1.5313268 4.4244278 0 0 0 4537.63498 4601.85245
Libya 0 23.992608 3.9460763 0 0 0 43.546357 0 0 0 47.4924333 71.4850413
Liechtenstein 3.59297 94.53 43.0695775 228.78795 0.48 0 0 0 0 0 275.930498 370.460498
Lithuania 4.816873 55.557051 43.863523 82.49381 6.7811271 0 0 0 -1.502452 0.2421661 136.695047 192.252098
Luxembourg 180.261425 7270.1607 874.899074 176.37161 113.871187 2631.14055 204.987607 22.9244425 0.588052 16.4226101 4221.46656 11491.6273
Macau 0 19489.03 0 0 0 0 0 0 0 0 0 19489.03
Madagascar 0 49.993949 0 0 0 0 0 0 0 0 0 49.993949
Malawi 0 2.3972047 0 0 0 0 0 0 0 0 0 2.3972047
Malaysia 2907.69555 8362.688 0 -591.01822 10.8019484 49.1634624 1502.70833 0 6473.12989 70.3131667 10422.7941 18785.4821
Maldives 0 5.757257 0 0 0 0 0 0 0 0 0 5.757257
Mali 0 5.3899276 0 0 0 0 0 0 0 0 0 5.3899276
Malta 7.2076956 101.496229 602.840921 23.32837 0.3174368 0 341.011534 0 0 0 974.705957 1076.20219
Marshall Islands 0 1060.8165 234.398018 0 0 0 0 0 0 0 234.398018 1295.21452
Martinique 0 0 0 0 0 0 0 0 0 0 0 0
Mauritania 0 19.4517535 0 0 0 0.7311815 0 0 0 0 0.7311815 20.182935
Mauritius 0 15923.1881 32.8295939 -60.987116 0 25.5840609 1050.17506 0 0 0 1047.6016 16970.7897
Mayotte 0 0 0 0 0 0 0 0 0 0 0 0
Mexico 4.2387518 198.37467 0 19.4445972 0 0 0 0 0 0 23.683349 222.058019
Micronesia, Fed. States of 0 1.24 0 0 0 0 0 0 0 0 0 1.24
Moldova 1.0482467 0.86 -0.3860388 103.85792 0.3944 0 0 0 0 0 104.914528 105.774528
Monaco 0 6.69 0 -812.816 0 6.31377 0 0 0 0 -806.50223 -799.81223
Mongolia 0 226.64766 0 16.6532812 0 0 0 0 0 0 16.6532812 243.300941
Montenegro 0 0 0 0 0.116 0 0 0 0 0 0.116 0.116
Monteserrat 0 0 0 0 0 0 0 0 0 0 0 0
Morocco 6.4989466 58.966783 0 7.1094072 9.933473 2.2641437 0 0 0 0 25.8059705 84.7727535
Mozambique 0 28.2750075 0 1.7449733 0 0 0 0 0 0 1.7449733 30.0199808
Myanmar 0 104.921822 0 0 0 0.5153457 0 0 0 0 0.5153457 105.437168
Namibia 0 72.4020131 0 0 0 0 0 0 0 0 0 72.4020131
Nauru 0 19.35 0 0 0 0 0 0 0 0 0 19.35
Nepal 0 8.1657961 0 2.876588 0 0.3046924 0 0 0 0 3.1812804 11.3470765
Netherlands 1683.44456 34465.984 3435.64176 126012.613 412.3305 8628.85312 3252.31576 117.802191 152.872174 717.035066 144412.908 178878.892
Netherlands Antilles 0 0 0 67.03873 0 0 0 0 0 0 67.03873 67.03873
New Caledonia 0 0 0 0 0 0 0 0 0 0 0 0
New Zealand 4.3575973 1451.79458 0 35.592002 0 31.2785645 7.340182 0 0 6.1735394 84.7418852 1536.53647
Nicaragua 0 3.7213405 0 0 0 0 0 0 0 0 0 3.7213405
Niger 0 9.5582323 0 0 0.0132666 0 0 0 0 0 0.0132666 9.5714989
Nigeria 0 287.69519 0 13.760402 0 0 16.7577255 0 0 0 30.5181275 318.213318
Norfolk Island 0 0 0 0 0 0 0 0 0 0 0 0
North Korea 0 33.58 0 0 0.0003 40.03156 0 0 0 0 40.03186 73.61186
North Macedonia 4.967647 0.25 0 -3.35239 1.6611 0 0 0 0 -0.104169 3.172188 3.422188
Norway 3528.9153 856.17 197.247553 1606.20175 0.156 0.09 1884.48756 0 0.00002 0.00002 7217.0982 8073.2682
Oman 8.5060078 93.676174 0 264.76516 0.8042507 0 194.73882 1.4510668 0 0 470.265305 563.941479
Pakistan 7.2302858 133.71936 0 28.08018 86.3893 5.0758066 0 22.9577771 0 0 149.73335 283.45271
Palau 0 52.5556208 0 0 0 0 0 0 0 0 0 52.5556208
Palestine 0 3 0 0 0 0 0 0 0 0 0 3
Panama 241.06025 665.21611 230.757007 1455.69126 0 10.2270078 0 0 0 0 1937.73553 2602.95164
Papua New Guinea 0 15.8500017 0 0 0 0 0 0 0 0 0 15.8500017
Paraguay 0 45.135188 0 0 0 0 0 0 0 0 0 45.135188
People's Republic of China 188.074682 796.18329 27334.3121 4352.8493 7779.13717 12500.7029 2764.67932 428.831608 1266.20772 57410.978 57410.978
Peru 0 34.697692 0 1.1791974 0 0 0 0 0 0 1.1791974 35.8768894
Philippines 72.0497355 2516.1481 4.4040132 37.829058 0.8775251 10.3891838 116.199919 0 0 0 241.749435 2757.89753
Poland 36.268444 279.9334 49.7716404 531.26007 6.0487472 17.6955184 57.2354018 0 0.3712982 32.505779 731.156899 1011.0903
Portugal 6.5053245 220.20327 14.2216024 245.18785 14.3287445 0 5.6794305 0 0 0 285.922952 506.126222
Puerto Rico 0 8.03901 0 0 0 0 0 0 0 0 0 8.03901
Qatar 23.0410488 169.41403 48.0062436 242.24466 9.3639957 19.3400648 23.977616 64.8679803 0 0 430.841609 600.255639
Rep. of Korea 213.688646 92321 192.824241 11134.3563 162.8073 644.55539 486.007668 50.710679 1.3130551 312.998218 13199.2615 105520.262
Republic of the Congo 0 4.4828664 0 0 0 0 0.2733077 0 0 0 0.2733077 4.7561741
Reunion 0 0 0 0 0 0 0 0 0 0 0 0
Romania 30.061759 260.1 10.0562326 1627.8259 0 0.1 0 0 0.0000118 0.0000118 1668.04392 1928.14392
Russian Federation 2405.43294 1335.3214 1148.32778 27223.6167 2250.8286 480.830222 0 1210.69903 198.062826 1555.64216 36473.4403 37808.7617
Rwanda 0 1.3014812 0 0 0 0 0 0 0 0 0 1.3014812
Saint Helena 0 0 0 0 0 0 0 0 0 0 0 0
Saint Kitts and Nevis 0 109.438041 -16.293873 156.99546 0.0901394 20.4047647 0 0 0 0 161.196491 270.634532
Saint Martin 0 0 0 0 0 0 0 0 0 0 0 0
Saint Pierre et Miquelon 0 0 0 0 0 0 0 0 0 0 0 0
Saint Vincent & the Grenadines 0 37.764276 0 0.48518 0 0 0 0 0 0 0.48518 38.249456
Samoa 0 32053.1121 0 -5.0944548 2.9017666 0 0 0 0 0 -2.1926882 32050.9194
San Marino 0 16.21 0 0 0 0 0 0 0 0 0 16.21
Sao Tome and Principe 0 0.1612252 0 0 0 0 0 0 0 0 0 0.1612252
Saudi Arabia 354.891878 1907.04961 57.6570148 22.73402 0.5455763 12.375915 562.400077 0 0 0 1010.60448 2917.65409
Senegal 0 15.8519366 0 0 0 0 0 0 0 0 0 15.8519366
Serbia 0.4913141 12.36 0 -0.61929 2.1471 0 0 0 0.0643915 0.2101649 2.2936805 14.6536805
Serbia and Montenegro 0 0 0 0 0 0.08 0 0 0 0 0.08 0.08
Seychelles 0 3772.66169 74.8160906 106.53705 76.3438349 7.7182263 45.775103 0 0 0 311.190305 4083.85199
Sierra Leone 0 7.9146373 0 0 0 0 0 0 0 0 0 7.9146373
Singapore 135.14697 134730.82 0 2294.67086 0 3657.4906 1007.41163 40.1256251 0 0 7134.84569 141865.666
Slovak Republic 2.4746232 103.568896 37.8569075 33.14247 0.2564808 1.6172699 0 0 0.0162592 0.4439366 75.8079472 179.376843
Slovenia 14.6131253 129.277736 5.1885162 25.59052 0 0 0 0 0 0.551991 45.9441525 175.221889
Solomon Islands 0 2.8879658 0 0 0 0 0 0 0 0 0 2.8879658
Somalia 0 3.46 0 0 0 0 0 0 0 0 0 3.46
South Africa 9.8991405 903.74681 0 16.429508 0.0528296 0 42.550454 0 0 0 68.9319321 972.678742
South Sudan 0 0 0 0 0 0 0 0 0 0 0 0
Spain 47.9188456 4330.7487 229.119956 363.99777 7.3606143 59.657112 0 0 0.520584 63.0378379 771.61272 5102.36142
Sri Lanka 0 46.043625 0 4.5054003 0.1319908 0.9904055 16.4139145 0 0 0 22.0417111 68.0853361
St Lucia 0 1.4259598 0 0 0 0 0 0 0 0 0 1.4259598
Sudan 0 9.7584216 0 0 0 0 0 0 0 0 0 9.7584216
Suriname 0 21.2661966 0 0 0 0 0 0 0 0 0 21.2661966
Sweden 71.278695 6428.4769 33.2147488 688.74213 7.4045418 63.530373 197.074712 0 0.4790344 2.59763597 1064.32187 7492.79877
Switzerland 752.960614 9154.3054 402.057179 37048.8458 316.370111 199.528919 3203.77887 160.545852 0.2201022 1.8707589 42086.1782 51240.4836
Syria 2.6576097 49.593563 2.9386777 3.755343 0.3110844 1.4913938 0 0 0 0 11.1541086 60.7476716
Taipei,China 18.105586 47080.49 0 246.97845 0 168.394995 0 0 0 0 433.479031 47513.969
Tajikistan 0 12.8019436 0 30.232645 6.9481425 0.497873 0 0 0 0 37.6786605 50.4806041
Tanzania 0 50.4920581 0 0 0 0 0 0 0 0 0 50.4920581
Thailand 19.624182 3066.7801 0 117.625911 0 71.879241 40.631738 0 0 0 249.761072 3316.54117
Timor-Leste 0 13.5 0 0 0 0 0 0 0 0 0 13.5
Togo 0 23.319646 0 0 0 0 0 0 0 0 0 23.319646
Tonga 0 14.1902831 0 0 0 0 0 0 0 0 0 14.1902831
Trinidad & Tobago 0 21.0480385 0 0 0 0 0 0 0 0 0 21.0480385
Tunisia 0 23.7798621 0 2.6734825 0 0 0 0 0 0 2.6734825 26.4533446
Turkiye 10980.2326 489.4794 2222.01427 6002.83529 1309.65322 26.8449809 487.768468 227.832072 15.3297036 329.575209 21602.0858 22091.5652
Turkmenistan 0 7.095361 8.8026299 24.58094 0.7947271 0.2443726 0 0 0 0 34.4226696 41.5180306
Turks and Caicos Islands 0 24.92 0 0 0 0 0 0 0 0 0 24.92
Tuvalu 0 0.8305542 0 0 0 0 0 0 0 0 0 0.8305542
United Arab Emirates 1315.64959 4786.8624 1208.20351 4282.65781 150.5762 0 6409.8721 43.116983 0 0 13410.0762 18196.9386
Uganda 0 66.6902842 0 0 0 0 0 0 0 0 0 66.6902842
United Kingdom 20252.2407 25207.38 4807.89869 20811.6266 1153.145 2615.94039 6372.5534 355.298106 1.3439121 11.0144442 56381.0612 81588.4412
Ukraine 34.2390641 136.15316 116.693524 195.60879 7.1978 8.2468225 0 0 0 2.0469187 364.032919 500.186079
United States 5546.69782 70759.72 1993.88069 58706.4568 265.8381 1588.24899 8255.2745 83.75508 6.6666819 17.077332 76463.896 147223.616
US Virgin Islands 0 0 0 9.1352 0 0 0 49.80389 0 0 58.93909 58.93909
Uruguay 0 67.187189 0 -71.969499 0 0 0 0 0 0 -71.969499 -4.7823101
Uzbekistan 0 43.793199 17.423108 68.65379 48.4681 3.6246274 0 11.2364989 0 0 149.406124 193.199323
Vanuatu 0 98.9473305 0 0 0 0 0 0 0 0 0 98.9473305
Vatican City 0 0 0 -0.1142 0 0 0 0 0 0 -0.1142 -0.1142
Venezuela 0.826399 41.844945 0 4.0479251 0.1259199 0 0 0 0 0 5.000244 46.845189
Viet Nam 4.0077663 718.86195 0 35.197842 1.6387757 48.7287849 0 0 0 0 89.5731689 808.435119
Virgin Islands (British) 117.594 183793.24 379.344887 11776.5743 54.5215 1105.518 0 0.6048258 0 0 13434.1575 197227.397
Wallis and Futuna 0 0.08 0 0 0 0 0 0 0 0 0 0.08
Yemen 0 77.1505993 0 0 0 0 0 0 0 0 0 77.1505993
Yugoslavia 0 0 0 0 0 0.063457 0 0 0 0 0.063457 0.063457
Zambia 0 61.3213207 0 0 0 0 0 0 0 0 0 61.3213207
Zimbabwe 0 27.9366363 0 0 0 0 0 0 0 0 0 27.9366363
UNSPECIFIED -150131.17 -2626466.7 -28688.442 -439651.97 -15410.226 -65584.605 -54882.466 -5874.5173 35292.2894 22137.7062 -702793.4 -3329260.1
WORLD 25520.031 2741031.65 28061.7475 155473.635 6469.6501 29047.788 50959 6033.01689 43220.3767 27489.6733 372274.918 3113306.57
CAREC excluding PRC 338.803647 3362.13027 551.675456 1891.63327 82.3460819 n.a. 152.416956 95.76662 534.149243
CAREC including PRC 526.878329 980.692024 4158.31356 27885.9875 6244.48257 7861.48325 12500.7029 2917.09628 524.598228 1800.35696
NOTE: Foreign direct investment flows with a negative sign indicate that at least one of the three subcomponents (equity capital, reinvested earnings, other capital related to intercompany debt) is negative and not offset by positive amounts of the remaining subcomponents. Sources: ADB calculations using data from the ASEAN Secretariat. ASEANstats Data Portal; CEIC Data Company; Eurostat. Balance of Payments; International Monetary Fund. World Economic Outlook Database, April 2025; and UN Trade and Development. World Investment Report 2025 Statistical Annex Tables (all accessed July 2025).

Foreign Direct Investment Outflows from CAREC Countries, 2021 ($ million)

Foreign Direct Investment Outflows from CAREC Countries, 2021 ($ million)
Destination Country Afghanistan Azerbaijan PRC Georgia Kazakhstan Kyrgyz Republic Mongolia Pakistan Tajikistan Turkmenistan Uzbekistan Outflows from CAREC
(excluding PRC)
 Outflows from CAREC
(including PRC)
Afghanistan - 0 4.1 0 0.6 0 0 0 0 0 0 0.6 4.7
Albania 0 0 0 0 0 0 0 0 0 0 0 0 0
Algeria 0 0 0 0 0 0 0 0 0 0 0 0 0
Angola 0 0 0 0 0 0 0 0 0 0 0 0 0
Antigua 0 0 0 0 0 0 0 0 0 0 0 0 0
Argentina 0 0 83.0 0 0 0 0 0 0 0 0 0 83.0
Armenia 0 2.1 10.7 3.4 0 0 0 0 0 0 0.2 5.7 16.4
Aruba 0 0 0 0 0 0 0 0 0 0 0 0 0
Australia 0 0 614.2 0 24.0 0 1.3 15.2 0.6 0 0 41.1 655.2
Austria 0.6 2.6 91.4 1.8 8.2 1.0 0.3 2.5 0.2 0.4 1.2 18.7 110.1
Azerbaijan 0 - 15.7 1.6 2.1 0 0 0.7 0 0 0 4.4 20.1
Bahamas 0 0 0 0 0 0 0 0 0 0 0 0 0
Bahrain 0 0 0 0 0 0 0 0 0 0 0 0 0
Bangladesh 0 0 85.2 0 0 0.6 0 2.2 0 0 0 2.8 87.9
Barbados 0 0 0 0 0 0 0 0 0 0 0 0 0
Belarus 0 0 0 0 0 0 0 0 0 0 0 0 0
Belgium 1.9 7.6 335.8 5.1 26.1 3.2 1.0 7.8 0.7 1.2 3.9 58.5 394.2
Belize 0 0 0 0 0 0 0 0 0 0 0 0 0
Benin 0 0 0 0 0 0 0 0 0 0 0 0 0
Bermuda 0 0 0 0 0 0 0 0 0 0 0 0 0
Bolivia 0 0 0 0 0 0 0 0 0 0 0 0 0
Bosnia-Herzegovina 0 0 0 0 0 0 0 0 0 0 0 0 0
Botswana 0 0 11.4 0 0 0 0 0 0 0 0 0 11.4
Brazil 0 0 511.2 0 0 0 0 0 0 0 0 0 511.2
Brunei Darussalam 0 0 11.9 0 0 0 0 0.1 0 0 0 0.1 12.1
Bulgaria 0.6 2.7 77.0 2.0 7.4 0.9 0.2 2.3 0.2 0.4 1.1 17.8 94.7
Burundi 0 0 0 0 0 0 0 0 0 0 0 0 0
Cambodia 0 0.1 20.8 0 0.8 0.1 0.04 0.3 0 0 0.1 1.4 22.1
Cameroon 0 0 0 0 0 0 0 0 0 0 0 0 0
Canada 0 0 582.3 0 0 0 0 0 0 0 0 0 582.3
Cape Verde 0 0 0 0 0 0 0 0 0 0 0 0 0
Cayman Islands 0 0 0 0 0 0 0 0 0 0 0 0 0
Central African Republic 0 0 0 0 0 0 0 0 0 0 0 0 0
Chad 0 0 0 0 0 0 0 0 0 0 0 0 0
Chile 0 0 157.5 0 0 0 0 0 0 0 0 0 157.5
Colombia 0.04 0 10.1 0.1 0 0 0 0 0 0 0.1 0.2 10.2
Comoros 0 0 0 0 0 0 0 0 0 0 0 0 0
Congo (DRC) 0 0 0 0 0 0 0 0 0 0 0 0 0
Cook Islands 0 0 4.6 0 0 0 0 0 0 0 0 0 4.6
Costa Rica 0 0 0 0 0 0 0 0 0 0 0 0 0
Cote d'Ivoire (Ivory Coast) 0 0 0 0 0 0 0 0 0 0 0 0 0
Croatia 0.1 0.6 0 0.4 1.8 0.2 0.1 0.6 0.1 0.1 0.3 4.2 4.2
Cuba 0 0 0 0 0 0 0 0 0 0 0 0 0
Cyprus 0.5 2.7 0 2.1 5.7 0.7 0.2 2.0 0.2 0.4 0.9 15.2 15.2
Czech Republic 0.6 2.4 91.3 1.7 8.0 0.9 0.3 2.4 0.2 0.4 1.2 18.0 109.3
Denmark 0.4 1.5 65.8 1.0 5.6 0.6 0.2 1.5 0.1 0.2 0.8 12.1 77.9
Djibouti 0 0 0 0 0 0 0 0 0 0 0 0 0
Dominica 0 0 0 0 0 0 0 0 0 0 0 0 0
Dominican Republic 0 0 0 0 0 0 0 0 0 0 0 0 0
Ecuador 0 0 6.8 0 0 0 0 0 0 0 0 0 6.8
Egypt 0 0 52.7 0 0 0 0 0 0 0 0 0 52.7
Equatorial Guinea 0 0 0 0 0 0 0 0 0 0 0 0 0
Eritrea 0 0 0 0 0 0 0 0 0 0 0 0 0
Estonia 0.2 0.7 30.8 0.5 2.6 0.3 0.1 0.8 0.1 0.1 0.4 5.8 36.7
Ethiopia 0 0 0 0 0 0 0 0 0 0 0 0 0
Fiji 0 0 5.8 0 0 0 0 0.1 0 0 0 0.1 5.9
Finland 0.5 2.2 91.4 1.4 7.8 0.9 0.3 2.3 0.2 0.3 1.2 17.1 108.5
France 3.1 12.0 536.1 8.0 43.7 5.0 1.6 13.2 1.1 1.8 6.2 95.7 631.8
Gabon 0 0 0 0 0 0 0 0 0 0 0 0 0
Gambia 0 0 0 0 0 0 0 0 0 0 0 0 0
Georgia 0 4.5 23.3 - 2.8 0.3 0 0 0 0.2 0.5 8.3 31.6
Germany 2.1 8.4 381.9 5.6 30.2 3.5 1.1 9.0 0.7 1.3 4.3 66.2 448.1
Ghana 0 0 0 0 0 0 0 0 0 0 0 0 0
Gibraltar 0 0 0 0 0 0 0 0 0 0 0 0 0
Greece 0.2 0.8 21.7 0.6 2.1 0.2 0.1 0.7 0.1 0.1 0.3 5.0 26.7
Grenada 0 0 0 0 0 0 0 0 0 0 0 0 0
Guatemala 0 0 0 0 0 0 0 0 0 0 0 0 0
Guinea 0 0 0 0 0 0 0 0 0 0 0 0 0
Guinea Bissau 0 0 0 0 0 0 0 0 0 0 0 0 0
Guyana 0 0 0 0 0 0 0 0 0 0 0 0 0
Honduras 0 0 0 0 0 0 0 0 0 0 0 0 0
Hong Kong, China 0 0 18508.8 0 0 0 0 0 0 0 0 0 18508.8
Hungary 0.5 2.2 72.0 1.6 6.6 0.8 0.2 2.0 0.2 0.3 1.0 15.3 87.3
Iceland 0 0 0 0 0 0 0 0 0 0 0 0 0
India 1.3 0 111.8 0 0 0 0 0 0 0 0 1.3 113.1
Indonesia 0.1 0.1 14.8 0.1 0.6 0.1 0.03 0.2 0 0.02 0.1 1.3 16.0
Iran 0 0 0 0 0 0 0 0 0 0 0 0 0
Iraq 0 0 0 0 0 0 0 0 0 0 0 0 0
Ireland 3.3 12.3 633.0 8.0 48.8 5.6 1.9 27.4 1.2 2.0 6.8 117.2 750.2
Isle of Man 0 0 0 0 0 0 0 0 0 0 0 0 0
Israel 0 0 0 0 0 0 0 0 0 0 0 0 0
Italy 0.7 3.0 113.7 2.0 9.4 1.1 0.3 3.0 0.2 0.4 1.4 21.6 135.3
Jamaica 0 0 0 0 0 0 0 0 0 0 0 0 0
Japan 0.7 1.5 617.1 0.9 12.1 1.3 1.0 3.3 0.2 0.3 1.3 22.7 639.7
Jersey 0 0 0 0 0 0 0 0 0 0 0 0 0
Jordan 0 0 0 0 0 0 0 0 0 0 0 0 0
Kazakhstan 2.6 3.3 316.9 1.6 - 70.3 0.8 12.6 1.2 1.1 11.6 105.1 422.1
Kenya 0 0 0 0 0 0 0 0 0 0 0 0 0
Kiribati 0 0 8.4 0 0 0 0 0 0 0 0 0 8.4
Kuwait 0 0 0 0 0 0 0 0 0 0 0 0 0
Kyrgyz Republic 0.1 0.1 6.5 0.04 13.7 - 0 0.3 0.04 0.02 0.4 14.6 21.0
Lao PDR 0 0 12.1 0 0 0 0 0 0 0 0 0 12.1
Latvia 0.2 0.9 0 0.6 3.0 0.4 0.1 0.9 0.1 0.1 0.4 6.6 6.6
Lebanon 0 0 0 0 0 0 0 0 0 0 0 0 0
Lesotho 0 0 0 0 0 0 0 0 0 0 0 0 0
Liberia 0 0 0 0 0 0 0 0 0 0 0 0 0
Libya 0 0 0 0 0 0 0 0 0 0 0 0 0
Liechtenstein 0 0 0 0 0 0 0 0 0 0 0 0 0
Lithuania 0.2 0.9 0 0.6 3.0 0.3 0.1 0.9 0.1 0.1 0.4 6.7 6.7
Luxembourg 4.1 15.4 697.0 10.4 55.0 6.3 2.0 16.6 1.4 2.5 7.9 121.7 818.6
Macau, China 0 0 0 0 0 0 0 0 0 0 0 0 0
Madagascar 0 0 0 0 0 0 0 0 0 0 0 0 0
Malawi 0.1 0 0 0 0 0 0 0 0 0 0 0 0
Malaysia 0 0 426.9 0 0 0 0 3.6 0 0 0 3.6 430.5
Maldives 0 0 21.9 0 0 0 0 0 0 0 0 0 21.9
Mali 0 0 0 0 0 0 0 0 0 0 0 0 0
Malta 0.1 0.6 0 0.4 1.7 0.2 0.1 1.0 0.04 0.1 0.3 4.4 4.4
Marshall Islands 0 0 144.9 0 4.8 0 0 0 0 0 0 4.8 149.6
Mauritania 0 0 0 0 0 0 0 0 0 0 0 0 0
Mauritius 0 0 11.7 0 0 0 0 0.6 0 0 0 0 11.7
Mexico 0 0 117.1 0.9 0 0 0 1.9 0 0 0 0 117.1
Micronesia, Federated States of 0 0 0 0 0 0 0 0 0 0 0 0 0
Moldova 0 0 0 0 0 0 0 0 0 0 0 0 0
Mongolia 0 0.3 384.7 0.2 3.4 0.4 - 0.8 0.1 0.1 0.3 5.5 390.2
Montenegro 0 0 0 0 0 0 0 0 0 0 0 0 0
Morocco 0 0 0 0 0 0 0 0 0 0 0 0 0
Mozambique 0 0 0 0 0 0 0 0 0 0 0 0 0
Myanmar 0 0 61.5 0 0 0 0 0 0 0 0 0 61.5
Namibia 0 0 0 0 0 0 0 0 0 0 0 0 0
Nauru 0 0 0 0 0 0 0 0 0 0 0 0 0
Nepal 0 0 21.5 0 0 0 0 0 0 0 0 0 21.5
Netherlands 7.5 27.6 1307.9 18.4 101.8 12.3 3.8 30.3 2.6 4.5 14.5 223.4 1531.3
New Zealand 0 0 56.9 0 0 0 0 0 0 0 0 0 56.9
Niger 0 0 0 0 0 0 0 0 0 0 0 0 0
Nigeria 0 0 0 0 0 0 0 0 0 0 0 0 0
North Korea 0 0 0 0 0 0 0 0 0 0 0 0 0
North Macedonia 0 0 0 0 0 0 0 0 0 0 0 0 0
Norway 0 0 0 0 0 0 0 0 0 0 0 0 0
Oman 0 0 0 0 0 0 0 0 0 0 0 0 0
Pakistan 0 0 76.4 0 0 0 0 - 0 0 0 0 76.4
Palau 0 0 2.4 0 0 0 0 0 0 0 0 0 2.4
Palestine 0 0 0 0 0 0 0 0 0 0 0 0 0
Panama 0 0 0 0 0 0 0 0 0 0 0 0 0
Papua New Guinea 0 0 26.5 0 0 0 0 0 0 0 0 0 26.5
Paraguay 0 0 6.4 0 0 0 0 0 0 0 0 0 6.4
Peru 0 0 0 0 0 0 0 0 0 0 0 0 0
PRC 3.4 4.9 - 2.7 62.3 6.5 18.7 16.8 1.2 1.0 5.1 122.7 122.7
Philippines 0.02 0.04 13.4 0 0.4 0.04 0.02 0.2 0 0 0 0.7 14.1
Poland 0.8 3.7 128.7 2.6 11.2 1.4 0.4 3.5 0.3 0.5 1.7 26.2 154.8
Portugal 0.5 1.6 82.2 1.1 6.3 0.7 0.2 2.0 0.2 0.3 0.9 13.7 95.9
Qatar 0 0 0 0 0 0 0 0 0 0 0 0 0
Republic of Korea 1.0 0 1695.0 1.1 17.4 1.9 1.9 4.9 0 0 2.0 30.1 1725.1
Republic of the Congo 0 0 0 0 0 0 0 0 0 0 0 0 0
Romania 0 0 0 0 0 0 0 0 0 0 0 0 0
Russian Federation 0 0 0 0 0 0 0 0 0 0 0 0 0
Rwanda 0 0 0 0 0 0 0 0 0 0 0 0 0
Saint Kitts and Nevis 0 0 0 0 0 0 0 0 0 0 0 0 0
Saint Vincent and the Grenadines 0 0 0 0 0 0 0 0 0 0 0 0 0
Samoa 0 0 12.6 0 0 0 0 0 0 0 0 0 12.6
San Marino 0 0 0 0 0 0 0 0 0 0 0 0 0
Saudi Arabia 0 0 0 0 0 0 0 0 0 0 0 0 0
Senegal 0 0 0 0 0 0 0 0 0 0 0 0 0
Serbia 0 0 0 0 0 0 0 0 0 0 0 0 0
Seychelles 0 0 0 0 0 0 0 0 0 0 0 0 0
Sierra Leone 0 0 0 0 0 0 0 0 0 0 0 0 0
Singapore 0 0 3542.8 0 0 0 0 53.9 0 0 0 53.9 3596.7
Slovak Republic 0.6 2.8 0 2.0 8.8 1.0 0.3 2.7 0.2 0.4 1.3 20.1 20.1
Slovenia 0.2 1.0 37.3 0.7 3.1 0.4 0.1 1.0 0.1 0.2 0.5 7.4 44.6
Solomon Islands 0 0 2.0 0 0 0 0 0 0 0 0 0 2.0
South Africa 0 0 0 0 0 0 0 0 0 0 0 0 0
Spain 1.8 6.8 334.3 4.4 25.0 2.9 1.0 7.8 0.6 1.1 3.6 54.9 389.2
Sri Lanka 0.2 0 34.3 0 0 0 0 1.0 0 0 0 1.2 35.5
Sudan 0 0 0 0 0 0 0 0 0 0 0 0 0
Suriname 0 0 0 0 0 0 0 0 0 0 0 0 0
Sweden 0.6 2.5 116.7 1.7 9.6 1.1 0.4 2.7 0.2 0.4 1.4 20.5 137.2
Switzerland 2.2 8.7 0 5.9 30.0 3.5 1.1 9.2 0.8 1.3 4.3 66.9 66.9
Syria 0 0 0 0 0 0 0 0 0 0 0 0 0
Taipei, China 0 0 681.2 0 0 0 0 0 0 0 0 0 681.2
Tajikistan 0.6 0.3 17.2 0 3.5 0.7 0 1.5 - 0 1.9 8.6 25.8
Tanzania 0 0 0 0 0 0 0 0 0 0 0 0 0
Thailand 0.2 0.3 57.1 0.2 2.4 0.3 0.1 0.9 0.1 0 0.3 4.6 61.7
Timor-Leste 0 0 0 0 0 0 0 0 0 0 0 0 0
Togo 0 0 0 0 0 0 0 0 0 0 0 0 0
Tonga 0 0 1.3 0 0 0 0 0 0 0 0 0 1.3
Trinidad and Tobago 0 0 0 0 0 0 0 0 0 0 0 0 0
Tunisia 0 0 0 0 0 0 0 0 0 0 0 0 0
Turkey 0.7 5.0 92.9 4.0 8.9 1.0 0.3 2.9 0.2 0.5 1.4 24.9 117.8
Turkmenistan 0 0 19.5 0 4.2 0 0 0 0 - 0 4.2 23.6
Turks and Caicos Islands 0 0 0 0 0 0 0 0 0 0 0 0 0
United Arab Emirates 0 0 0 0 0 0 0 0 0 0 0 0 0
United Kingdom 1.1 4.1 193.1 2.7 15.4 1.8 0.6 17.0 0.4 0.6 2.2 45.8 238.9
Uganda 0 0 0 0 0 0 0 0 0 0 0 0 0
Ukraine 0 0 0 0 0 0 0 0 0 0 0 0 0
US 3.5 10.6 960.0 6.4 52.5 5.9 2.6 29.6 1.2 1.8 7.0 121.0 1081.0
Uruguay 0 0 14.9 0 0 0 0 0 0 0 0 0 14.9
US Virgin Islands 0 0 0 0 0 0 0 0 0 0 0 0 0
Uzbekistan 0 0.6 24.2 0 10.8 0 0 0 0 0 - 11.4 35.6
Vanuatu 0 0 7.0 0 0 0 0 0 0 0 0 0 7.0
Venezuela 0 0 0 0 0 0 0 0 0 0 0 0 0
Viet Nam 0.2 0.3 111.1 0 2.6 0.3 0.2 0.9 0 0.1 0 4.5 115.6
Virgin Islands (British) 0 0 0 0 0 0 0 0 0 0 0 0 0
Yemen 0 0 0 0 0 0 0 0 0 0 0 0 0
Zambia 0 0 0 0 0 0 0 0 0 0 0 0 0
Zimbabwe 0 0 0 0 0 0 0 0 0 0 0 0 0
Unspecified
TOTAL 49.6 172.2 35880.4 115.4 717.8 146.4 45.1 324.7 17.1 26.5 102.6 1717.3 37597.7
PRC = People's Republic of China; US = United States
NOTE: (1) Flows with a negative sign indicate that at least one of three subcomponents (equity capital, reinvested earnings, other capital related to intercompany debt) is negative and not offset by positive amounts of the remaining subcomponents. (2) Two decimal places denote values less than US$50,000.
SOURCE: ADB, Asia Regional Integration Center database (accessed June 2022)

Cumulative Foreign Direct Investment Outflows from CAREC Countries, 2001 to 2021 ($ million)

Cumulative Foreign Direct Investment Outflows from CAREC Countries, 2001 to 2021 ($ million)
Destination Country Afghanistan Azerbaijan PRC Georgia Kazakhstan Kyrgyz Republic Mongolia Pakistan Tajikistan Turkmenistan Uzbekistan Outflows from CAREC
(excluding PRC)
 Outflows from CAREC
(including PRC)
Afghanistan - 0 508.3 0 5.5 0 0 0 0 0 0 5.5 513.8
Albania 0 0 0 0 0 0 0 0 0 0 0 0 0
Algeria 0 0 713.8 0 0 0 0 0 0 0 0 0 713.8
Angola 0 0 942,3 0 0 0 0 0 0 0 0 0 942.3
Antigua 0 0 0 0 0 0 0 0 0 0 0 0 0
Argentina 0 0 1324.7 0 0 0 0 0 0 0 0 0 1324.7
Armenia 0 15.6 84.8 -0.9 17.6 0 0 0 0 0 1.4 33.7 118.6
Aruba 0 0 0 0 0 0 0 0 0 0 0 0 0
Australia 0 0 42845.6 0 211.4 0 11.0 154.8 4.9 0 0 382.1 43227.7
Austria 7.2 34.7 968.6 23.0 102.5 11.7 3.2 30.9 2.6 3.9 15.4 235.0 1203.6
Azerbaijan 0 - 83.5 75.5 83.7 0 0 9.6 0 0 0 168.8 252.2
Bahamas 0 0 654.4 0 0 0 0 0 0 0 0 0 654.4
Bahrain 0 0 211.5 0 0 0 0 0 0 0 0 0 211.5
Bangladesh 0 0 2180.0 0 0 5.0 0 446.0 0 0 0 451.0 2631.0
Barbados 0 0 92.4 0 0 0 0 0 0 0 0 0 92.4
Belarus 0 0 0 0 0 0 0 0 0 0 0 0 0
Belgium 23.6 574.1 582.6 62.8 208.6 39.0 11.6 -8.3 8.4 12.0 50.3 982.2 1564.7
Belize 0 0 0 0 0 0 0 0 0 0 0 0 0
Benin 0 0 77.8 0 0 0 0 0 0 0 0 0 77.8
Bermuda 0 0 201.2 0 0 0 0 0 0 0 0 0 201.2
Bolivia 0 0 112.4 0 0 0 0 0 0 0 0 0 112.4
Bosnia-Herzegovina 0 0 0 0 0 0 0 0 0 0 0 0 0
Botswana 0 0 186.8 0 0 0 0 0 0 0 0 0 186.8
Brazil 0 0 4335.0 0 0 0 0 0 0 0 0 0 4335.0
Brunei Darussalam 0 0 100.6 0 0 0 0 1.4 0 0 0 1.4 101.9
Bulgaria 6.7 27.8 237.7 18.3 84.3 10.0 2.6 28.2 2.4 3.8 10.5 194.5 432.2
Burundi 0 0 9.4 0 0 0 0 0 0 0 0 0 9.4
Cambodia 0 0.8 5806.3 0 135.3 21.6 4.0 2.8 0 0 1.5 166.0 5972.4
Cameroon 0 0 88.8 0 0 0 0 0 0 0 0 0 88.8
Canada 0 0 7633.1 0 0 0 0 0 0 0 0 0 7633.1
Cape Verde 0 0 0 0 0 0 0 0 0 0 0 0 0
Cayman Islands 0 0 37914.6 0 0 0 0 0 0 0 0 0 37914.6
Central African Republic 0 0 50.8 0 0 0 0 0 0 0 0 0 50.8
Chad 0 0 182.5 0 0 0 0 0 0 0 0 0 182.5
Chile 0 0 674.3 0 0 0 0 0 0 0 0 0 674.3
Colombia 3.9 0 703.6 6.9 0 0 0 0 0 0 0.7 11.5 715.1
Comoros 0 0 5.0 0 0 0 0 0 0 0 0 0 5.0
Congo (DRC) 0 0 1017.7 0 0 0 0 0 0 0 0 0 1017.7
Cook Islands 0 0 28.8 0 0 0 0 0 0 0 0 0 28.8
Costa Rica 0 0 109.5 0 0 0 0 0 0 0 0 0 109.5
Cote d'Ivoire (Ivory Coast) 0 0 79.1 0 0 0 0 0 0 0 0 0 79.1
Croatia 1.6 7.9 102.9 5.3 23.1 2.6 0.7 7.1 0.6 0.9 2.4 52.2 155.1
Cuba 0 0 0 0 0 0 0 0 0 0 0 0 0
Cyprus 5.9 37.0 402.6 23.3 77.2 8.4 1.9 24.5 2.1 3.6 11.8 195.8 598.3
Czech Republic 6.9 32.1 995.6 10.7 96.3 11.3 3.2 29.6 2.5 3.6 14.7 210.8 1206.4
Denmark 3.1 20.6 550.6 9.0 70.0 7.9 2.3 8.8 1.7 2.4 1o.2 1136.0 686.6
Djibouti 0 0 70.7 0 0 0 0 0 0 0 0 0 70.7
Dominica 0 0 0 0 0 0 0 0 0 0 0 0 0
Dominican Republic 0 0 0 0 0 0 0 0 0 0 0 0 0
Ecuador 0 0 748.2 0 0 0 0 0 0 0 0 0 748.2
Egypt 0 0 1455.6 0 0 0 0 0 0 0 0 0 1455.6
Equatorial Guinea 0 0 271.6 0 0 0 0 0 0 0 0 0 271.6
Eritrea 0 0 29.6 0 0 0 0 0 0 0 0 0 29.6
Estonia 2.2 5.7 56.4 8.1 44.0 3.8 1.1 9.4 0.8 1.1 8.7 84.9 141.3
Ethiopia 0 0 446.2 0 0 0 0 0 0 0 0 0 446.2
Fiji 0 0 156.9 0 0 0 0 2.4 0 0 0 2.4 159.2
Finland 6.5 28.9 4427.2 18.3 75.5 11.6 3.3 28.2 2.4 3.4 14.8 192.9 4620.1
France 37.9 124.0 2760.9 76.1 525.0 62.1 18.5 144.6 13.5 19.3 80.1 1100.9 3861.8
Gabon 0 0 209.9 0 0 0 0 0 0 0 0 0 209.9
Gambia 0 0 0 0 0 0 0 0 0 0 0 0 0
Georgia 0 2790.7 674.8 - 259.1 21.8 0 0 0 4.9 14.1 3090.7 3765.5
Germany 19.1 10.5 15993.5 95.8 134.2 9.8 30.1 28.8 6.0 9.2 -4.9 338.6 16332.1
Ghana 0 0 448.5 0 0 0 0 0 0 0 0 0 448.5
Gibraltar 0 0 0 0 0 0 0 0 0 0 0 0 0
Greece 2.0 10.9 755.8 7.4 26.6 3.1 0.8 8.6 0.7 1.1 4.1 65.5 821.2
Grenada 0 0 0 0 0 0 0 0 0 0 0 0 0
Guatemala 0 0 189.0 0 0 0 0 0 0 0 0 0 189.0
Guinea 0 0 211.5 0 0 0 0 0 0 0 0 0 211.5
Guinea Bissau 0 0 0 0 0 0 0 0 0 0 0 0 0
Guyana 0 0 0 0 0 0 0 0 0 0 0 0 0
Honduras 0 0 89.9 0 0 0 0 0 00 0 0 0 89.9
Hong Kong, China 0 0 452364.2 0 0 0 0 0 0 0 0 0 452364.2
Hungary 5.8 28.8 365.9 19.5 81.7 9.3 2.5 24.7 2.1 3.2 12.4 189.9 555.7
Iceland 0 0 0.9 0 0 0 0 0 0 0 0 0 0.9
India 7.4 0 2529.7 0 0 0 0 0 0 0 0 7.4 2537.1
Indonesia 13.8 3.8 10736.3 0.5 3.1 1.6 0.3 1.8 0 0.2 1.0 26.0 10762.3
Iran 0 0 2208.4 0 0 0 0 0 0 0 0 0 2208.4
Iraq 0 0 442.6 0 0 0 0 0 0 0 0 0 442.6
Ireland 39.1 157.0 4705.0 96.8 581.7 65.5 20.7 326.1 14.0 19.4 83.2 1403.5 6108.5
Isle of Man 0 0 0 0 0 0 0 0 0 0 0 0 0
Israel 0 0 0 0 0 0 0 0 0 0 0 0 0
Italy 766.9 7.4 6183.6 6.2 99.1 9.9 2.0 16.6 2.2 2.2 13.1 925.5 7109.0
Jamaica 0 0 191.2 0 0 0 0 0 0 0 0 0 191.2
Japan 6.1 20.8 7554.6 11.0 153.6 16.3 5.5 16.2 3.1 3.3 11.4 247.2 7801.7
Jersey 0 0 0 0 0 0 0 0 0 0 0 0 0
Jordan 0 0 59.0 0 0 0 0 0 0 0 0 0 59.0
Kazakhstan 20.8 210.9 21130.4 136.1 - -23.4 13.6 40.7 24.7 3.8 22.6 449.8 21580.2
Kenya 0 0 380.2 0 0 0 0 0 0 0 0 0 380.2
Kiribati 0 0 71.3 0 0 0 0 0 0 0 0 0 71.3
Kuwait 0 0 171.3 0 0 0 0 0 0 0 0 0 171.3
Kyrgyz Republic 16.4 3.1 3131.3 0.4 1358.6 - 0 69.2 3.6 0.5 10.6 1462.3 4593.6
Lao PDR 0 0 4950.5 0 0 0 0 0 0 0 0 0 4950.5
Latvia 2.4 13.3 160.9 6.5 36.0 2.6 1.2 10.4 2.1 1.3 9.7 85.5 246.5
Lebanon 0 0 0 0 0 0 0 0 0 0 0 0 0
Lesotho 0 0 18.9 0 0 0 0 0 0 0 0 0 18.9
Liberia 0 0 226.4 0 0 0 0 0 0 0 0 0 226.4
Libya 0 0 160.7 0 0 0 0 10.4 0 0 0 10.4 171.1
Liechtenstein 0 0 0 0 0 0 0 0 0 0 0 0 0
Lithuania 2.4 11.9 156.6 2.0 25.7 4.2 1.1 10.4 0.9 1.4 7.5 67.4 224.0
Luxembourg 48.9 143.8 17872.4 284.1 1502.9 55.9 15.3 149.1 17.5 25.2 65.5 2308.3 20180.7
Macau, China 0 0 6720.0 0 0 0 0 0 0 0 0 0 6720.0
Madagascar 0 0 288.4 0 0 0 0 0 0 0 0 0 288.4
Malawi 5.6 0 164.4 0 0 0 0 0 0 0 0 5.6 170.0
Malaysia 0 0 4864.7 0 0 0 0 20.5 0 0 0 20.5 4885.2
Maldives 0 0 132.0 0 0 0 0 0 0 0 0 0 132.0
Mali 0 0 151.4 0 0 0 0 0 0 0 0 0 151.4
Malta 1.1 6.1 104.6 4.6 15.2 1.8 0.5 12.5 0.4 0.6 2.9 45.7 150.3
Marshall Islands 0 0 416.2 0 151.7 0 0 0 0 0 0 151.7 567.8
Mauritania 0 0 99.4 0 0 0 0 0 0 0 0 0 99.4
Mauritius 0 0 429.8 0 0 0 0 6.8 0 0 0 6.8 436.6
Mexico 0 0 1608.7 4.1 0 0 0 14.2 0 0 0 18.3 1627.0
Micronesia, Federated States of 0 0 6.8 0 0 0 0 0 0 0 0 0 6.8
Moldova 0 0 0 0 0 0 0 0 0 0 0 0 0
Mongolia 0 3.0 7031.5 1.6 46.1 6.1 - .7.9 0.5 0.5 4.5 70.2 7101.7
Montenegro 5.2 126.7 94.7 0.3 7.6 5.1 0 0 0 0 0.9 145.8 240.5
Morocco 0 0 118.4 0 0 0 0 58.2 0 0 0 58.2 176.6
Mozambique 0 0 323.6 0 0 0 0 0 0 0 0 0 323.6
Myanmar 0 0 6267.8 0 0 0 0 0 0 0 0 0 6267.8
Namibia 0 0 180.4 0 0 0 0 0 0 0 0 0 180.4
Nauru 0 0 0 0 0 0 0 0 0 0 0 0 0
Nepal 0 0 302.3 0 0 0 0 0 0 0 0 0 302.3
Netherlands 90.9 205.8 17134.6 203.2 36044.1 151.4 -716.2 137.0 32.6 46.4 119.4 36314.6 53449.2
New Zealand 0 0 467.5 0 0 0 0 0 0 0 0 0 467.5
Niger 0 0 240.3 0 0 0 0 0 0 0 0 0 240.3
Nigeria 0 0 6420.6 0 0 0 0 42.0 0 0 0 42.0 6462.6
North Korea 0 0 275.9 0 0 0 0 0 0 0 0 0 275.9
North Macedonia 0 0 84.9 0 0 0 0 0.6 0 0 0 0.6 85.5
Norway 0 0 0 0 0 0 0 0 0 0 0 0 0
Oman 0 0 1487.6 0 0 0 0 136.1 0 0 0 136.1 1623.8
Pakistan 0 0 10005.9 0 0 0 0 - 0 0 0 0 10005.9
Palau 0 0 37.8 0 0 0 0 0 0 0 0 0 37.8
Palestine 0 0 0 0 0 0 0 0 0 0 0 0 0
Panama 0 0 293.5 0 0 0 0 0 0 0 0 0 293.5
Papua New Guinea 0 0 394.1 0 0 0 0 0 0 0 0 0 394.1
Paraguay 0 0 27.6 0 0 0 0 0 0 0 0 0 27.6
PRC 84.8 21.8 - 39.7 212.5 59.0 88.6 125.4 12.8 7.9 54.2 706.8 706.8
Peru 0 0 239.2 0 0 0 0 0 0 0 0 0 239.2
Philippines 0.2 0.4 691.4 0 1.5 0.3 0.4 1.1 0 0 0 3.8 695.2
Poland 10.0 48.9 563.0 22.2 -83.3 16.7 4.5 42.9 3.7 5.4 22.0 93.0 655.9
Portugal 5.6 22.1 3236.7 9.2 79.1 8.9 2.8 24.6 2.0 2.8 11.5 168.4 3405.1
Qatar 0 0 0 0 0 0 0 0 0 0 0 0 0
Republic of Korea 9.8 0 11103.0 10.0 156.8 19.1 46.3 167.3 0 0 35.6 444.9 11547.9
Republic of the Congo 0 0 342.1 0 0 0 0 0 0 0 0 0 342.1
Romania 0 0 300.0 2.6 28.6 0 0 44.9 0 0 0 76.0 375.8
Russian Federation -8.7 692.9 3832.4 184.0 1876.5 186.3 0 0 33.0 0 101.7 3065.6 6898.0
Rwanda 0 0 155.8 0 0 0 0 0 0 0 0 0 155.8
Saint Kitts and Nevis 0 0 0 0 0 0 0 0 0 0 0 0 0
Saint Vincent and the Grenadines 0 0 0 0 0 0 0 0 0 0 0 0 0
Samoa 0 0 586.8 0 0 0 0 0 0 0 0 0 586.8
San Marino 0 0 0 0 0 0 0 0 0 0 0 0 0
Saudi Arabia 22.5 0 9015.7 0 0 0 0 877.0 0 0 0 899.5 9915.2
Senegal 0 0 83.9 0 0 0 0 0 0 0 0 0 83.9
Serbia 0 -0.9 13.2 0 0 0 0 0 0 0 0 -0.9 12.3
Seychelles 0 0 152.7 0 0 0 0 0 0 0 0 0 152.7
Sierra Leone 0 0 59.7 0 0 0 0 0 0 0 0 0 59.7
Singapore 0 0 52115.4 0 0 0 0 316.4 0 0 0 316.4 52431.8
Slovak Republic 7.6 37.2 499.4 24.8 108.9 12.4 3.4 32.8 2.8 4.1 16.4 250.4 749.8
Slovenia 2.9 13.9 76.2 9.1 -10.0 4.7 1.3 12.6 1.0 1.5 6.2 43.2 119.4
Solomon Islands 0 0 13.2 0 0 0 0 0 0 0 0 0 13.2
South Africa 0 0 5635.5 0 0 0 0 0 0 0 0 0 5635.5
Spain 16.1 61.6 1758.5 40.0 222.1 25.8 8.0 71.6 5.6 8.3 33.4 492.5 2251.0
Sri Lanka 2.2 0 399.7 0 0 0 0 18.1 0 0 0 20.3 420.0
Sudan 0 0 1297.9 0 0 0 0 0 0 0 0 0 1297.9
Suriname 0 0 64.3 0 0 0 0 0 0 0 0 0 64.3
Sweden 6.5 19.7 12264.5 25.6 38.3 11.6 3.0 -301.8 3.0 2.6 13.0 -178.5 12086.0
Switzerland 26.2 116.0 2719.3 74.2 373.4 42.3 12.2 113.4 9.3 13.5 55.2 835.6 3554.9
Syria 0 0 95.3 0 0 0 0 0 0 0 0 0 95.3
Taipei, China 0 0 4137.0 0 0 0 0 0 0 0 0 0 4137.0
Tajikistan 5.9 3.6 658.7 0 64.8 6.9 0 24.2 - 0 18.2 123.7 782.4
Tanzania 0 0 303.1 0 0 0 0 22.9 0 0 0 22.9 326.0
Thailand 1.2 2.6 5214.7 1.2 25.0 1.8 1.3 4.8 0.4 0 1.5 39.9 5254.5
Timor-Leste 0 0 93.5 0 0 0 0 0 0 0 0 0 93.5
Togo 0 0 98.9 0 0 0 0 0 0 0 0 0 98.9
Tonga 0 0 6.3 0 0 0 0 0 0 0 0 0 6.3
Trinidad and Tobago 0 0 0 0 0 0 0 0 0 0 0 0 0
Tunisia 0 0 271.4 0 0 0 0 0 0 0 0 0 271.4
Turkey 7.5 7180.0 1063.9 37.3 761.9 12.5 3.3 114.6 12.0 4.9 12.8 8146.8 9210.7
Turkmenistan 0 0 64.4 0 63.5 0 0 0 0 - 0 63.5 127.9
Turks and Caicos Islands 0 0 0 0 0 0 0 0 0 0 0 0 0
United Arab Emirates 0 0 0 0 0 0 0 0 0 0 0 0 0
United Kingdom 13.1 54.8 5864.6 34.2 193.2 21.8 6.6 142.3 4.7 6.6 28.0 505.3 6369.9
Uganda 0 0 0 0 0 0 0 0 0 0 0 0 0
Ukraine 0 56.4 515.5 53.5 319.6 0 0 0 0 0 13.6 443.0 958.5
US 27.4 92.1 40904.0 44.7 336.8 52.6 9.2 535.7 10.8 10.9 64.4 1184.6 42088.6
Uruguay 0 0 94.7 0 0 0 0 0 0 0 0 0 94.7
US Virgin Islands 0 0 0 0 0 0 0 0 0 0 0 0 0
Uzbekistan 0 6.7 272.8 0 173.7 0 0 0 0 0 - 180.4 453.2
Vanuatu 0 0 87.4 0 0 0 0 0 0 0 0 0 87.4
Venezuela 0 0 1098.0 0 0 0 0 0 0 0 0 0 1098.0
Viet Nam 1.3 2.4 5615.3 0 27.8 3.1 1.2 19.4 0 0.5 0 55.6 5670.9
Virgin Islands (British) 0 0 22519.3 0 0 0 0 0 0 0 0 0 22519.3
Yemen 0 0 302.2 0 0 0 0 0 0 0 0 0 302.2
Zambia 0 0 827.9 0 0 0 0 0 0 0 0 0 827.9
Zimbabwe 0 0 858.4 0 0 0 0 0 0 0 0 0 858.4
Unspecified 0 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL 1401.5 13095.7 941928.3 1828.5 47257.9 1021.7 -367.4 4478.6 253.1 246.1 1088.1 70303.9 1012232.1
PRC = People's Republic of China; US = United States
NOTE: (1) Cumulative means the sum of flows from 2001 to 2019. Flows with a negative sign indicate that at least one of three subcomponents (equity capital, reinvested earnings, other capital related to intercompany debt) is negative and not offset by positive amounts of the remaining subcomponents. (2) Two decimal places denote values less than US$50,000.
SOURCE: ADB, Asia Regional Integration Center database (accessed June 2022)