Europe & Central Asia | 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
Europe & Central Asia
Records
63
Source
Europe & Central Asia | Portfolio equity, net inflows (BoP, current US$)
1960
1961
1962
1963
1964
1965
1966
-19487887.790438 1967
91345516.295869 1968
124746493.74739 1969
273629405.00497 1970
695165693.25951 1971
1558981379.2596 1972
383400730.88583 1973
15332375.763383 1974
729168346.16209 1975
878139236.20974 1976
1645976421.311 1977
1839366553.972 1978
2109687423.496 1979
1327128772.9925 1980
2060479811.5081 1981
971608163.42097 1982
6255055981.3472 1983
5115156824.3425 1984
15132576541.736 1985
30803959993.864 1986
28661231023.514 1987
22182820691.947 1988
50908604915.615 1989
13607100178.63 1990
21038866110.81 1991
28582156031.908 1992
80191240196.963 1993
27097375755.914 1994
35257774825.325 1995
73610149060.145 1996
59804644646.777 1997
237068244600.32 1998
265661057145.48 1999
344264202470.11 2000
165791165816.33 2001
136983570872.13 2002
267044106511.23 2003
330500976480.75 2004
572591524040.1 2005
535445080496.07 2006
402328494609.24 2007
-174597005014.21 2008
382494753537.04 2009
340350118023.45 2010
130914919729.01 2011
390838900741.34 2012
545006393688.99 2013
782260258251.3 2014
807272513291.59 2015
274589967383.52 2016
935257251641.25 2017
168799247030.02 2018
558949542528.13 2019
481375752750.28 2020
1279401761654.8 2021
-111313977609.56 2022

Europe & Central Asia | 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
Europe & Central Asia
Records
63
Source