Sub-Saharan Africa (IDA & IBRD countries) | 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
Sub-Saharan Africa (IDA & IBRD countries)
Records
63
Source
Sub-Saharan Africa (IDA & IBRD countries) | Portfolio equity, net inflows (BoP, current US$)
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3755639.6760872 1974
5377046.7816689 1975
36810196.394608 1976
4555129.2843496 1977
30405465.649589 1978
22309455.156152 1979
4236254.2785128 1980
3178391.9148544 1981
4166415.113713 1982
771530.75515956 1983
2179754.4501828 1984
-154230442.26714 1985
-597230319.12241 1986
-615008313.13277 1987
-258264575.39142 1988
453177204.99269 1989
392792000.26145 1990
-1447415591.4532 1991
-181032544.36138 1992
893528111.35018 1993
189507178.16783 1994
2997769560.201 1995
2468061484.1878 1996
5578751894.3564 1997
8666507334.5794 1998
9071807862.6949 1999
4198285633.6029 2000
-908133506.01841 2001
-354442632.76225 2002
745740962.97076 2003
6693990405.9373 2004
8161946453.8075 2005
16811391144.9 2006
10164522907.292 2007
-5625261728.5735 2008
10825027118.778 2009
15965328127.571 2010
8771208079.6224 2011
17884028283.897 2012
13985429643.833 2013
10359971348.928 2014
9575951302.573 2015
-1799912422.1418 2016
12065701002.555 2017
3230419492.3973 2018
-5384383436.2076 2019
-2721276465.4417 2020
-17751614065.54 2021
2438075819.1333 2022
Sub-Saharan Africa (IDA & IBRD countries) | 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
Sub-Saharan Africa (IDA & IBRD countries)
Records
63
Source