Africa Eastern and Southern | Portfolio equity, net inflows (BoP, current US$)

Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars. Development relevance: Private financial flows - equity and debt - account for the bulk of development finance. Equity flows comprise foreign direct investment (FDI) and portfolio equity. Debt flows are financing raised through bond issuance, bank lending, and supplier credits. Limitations and exceptions: Portfolio investors typically have less of a role in the decision making of the enterprise with potentially important implications for future flows and for the volatility of the price and volume of positions. Portfolio investment differs from other investment in that it provides a direct way to access financial markets, and thus it can provide liquidity and flexibility. It is associated with financial markets and with their specialized service providers, such as exchanges, dealers, and regulators. The nature of financial derivatives as instruments through which risk is traded in its own right in financial markets sets them apart from other types of investment. Whereas other instruments may also have risk transfer elements, these other instruments also provide financial or other resources. The volume of global private financial flows reported by the World Bank generally differs from that reported by other sources because of differences in sources, classification of economies, and method used to adjust and disaggregate reported information. In addition, particularly for debt financing, differences may also reflect how some installments of the transactions and certain offshore issuances are treated. Data on equity flows are shown for all countries for which data are available. Statistical concept and methodology: Data on equity flows are based on balance of payments data reported by the International Monetary Fund (IMF). Portfolio equity investment is defined as cross-border transactions and positions involving equity securities, other than those included in direct investment or reserve assets. Equity securities are equity instruments that are negotiable and designed to be traded, usually on organized exchanges or "over the counter." The negotiability of securities facilitates trading, allowing securities to be held by different parties during their lives. Negotiability allows investors to diversify their portfolios and to withdraw their investment readily. Included in portfolio investment are investment fund shares or units (that is, those issued by investment funds) that are evidenced by securities and that are not reserve assets or direct investment. Although they are negotiable instruments, exchange-traded financial derivatives are not included in portfolio investment because they are in their own category.
Publisher
The World Bank
Origin
Africa Eastern and Southern
Records
63
Source
Africa Eastern and Southern | Portfolio equity, net inflows (BoP, current US$)
1960 0
1961 0
1962 0
1963 0
1964 0
1965 0
1966 0
1967 0
1968 0
1969 0
1970 0
1971 0
1972 0
1973 0
1974 0
1975 272361.07092451
1976 1673211.1133958
1977 724938.79057832
1978 20700421.881927
1979 19808534.284444
1980 1401147.971969
1981 2552774.2382679
1982 3131742.166356
1983 784651.84055505
1984 934779.73622818
1985 -154673389.97598
1986 -598662578.85263
1987 -616488998.19965
1988 -260433465.31314
1989 452606686.92061
1990 387058611.04235
1991 -1449868562.2185
1992 -181901479.47516
1993 887453862.40444
1994 187976211.28901
1995 2992124746.2464
1996 2436444001.7112
1997 5548496751.9137
1998 8649368645.5613
1999 9035930764.4621
2000 4194967610.9864
2001 -923410600.28242
2002 -370072792.57328
2003 713451933.28673
2004 6715944086.5224
2005 7384095117.7178
2006 15031496929.793
2007 8717605047.0647
2008 -4575375173.3072
2009 9777174973.1289
2010 13746966996.735
2011 6198137644.446
2012 8066492171.9489
2013 8639942430.4403
2014 9176380140.5485
2015 9954115121.3878
2016 -2223207421.1693
2017 10692689823.976
2018 2075214914.2469
2019 -3810760023.5315
2020 -2407813118.5059
2021 -17902401976.981
2022 2143034866.2305

Africa Eastern and Southern | Portfolio equity, net inflows (BoP, current US$)

Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars. Development relevance: Private financial flows - equity and debt - account for the bulk of development finance. Equity flows comprise foreign direct investment (FDI) and portfolio equity. Debt flows are financing raised through bond issuance, bank lending, and supplier credits. Limitations and exceptions: Portfolio investors typically have less of a role in the decision making of the enterprise with potentially important implications for future flows and for the volatility of the price and volume of positions. Portfolio investment differs from other investment in that it provides a direct way to access financial markets, and thus it can provide liquidity and flexibility. It is associated with financial markets and with their specialized service providers, such as exchanges, dealers, and regulators. The nature of financial derivatives as instruments through which risk is traded in its own right in financial markets sets them apart from other types of investment. Whereas other instruments may also have risk transfer elements, these other instruments also provide financial or other resources. The volume of global private financial flows reported by the World Bank generally differs from that reported by other sources because of differences in sources, classification of economies, and method used to adjust and disaggregate reported information. In addition, particularly for debt financing, differences may also reflect how some installments of the transactions and certain offshore issuances are treated. Data on equity flows are shown for all countries for which data are available. Statistical concept and methodology: Data on equity flows are based on balance of payments data reported by the International Monetary Fund (IMF). Portfolio equity investment is defined as cross-border transactions and positions involving equity securities, other than those included in direct investment or reserve assets. Equity securities are equity instruments that are negotiable and designed to be traded, usually on organized exchanges or "over the counter." The negotiability of securities facilitates trading, allowing securities to be held by different parties during their lives. Negotiability allows investors to diversify their portfolios and to withdraw their investment readily. Included in portfolio investment are investment fund shares or units (that is, those issued by investment funds) that are evidenced by securities and that are not reserve assets or direct investment. Although they are negotiable instruments, exchange-traded financial derivatives are not included in portfolio investment because they are in their own category.
Publisher
The World Bank
Origin
Africa Eastern and Southern
Records
63
Source