Foreign Direct Investment increased by €72.4 million in the first half of 2020, compared with the same period the previous year. Figures by the National Statistics Office show a total inflow of FDI of €1.68 billion between January and June 2020.
Financial and Insurance activities were the biggest contributor, amounting to €1.51 billion in FDI. The single activity to generate the least flow of investment in terms of value was manufacturing, with €1.7 million.
In June 2020, the total stock position of FDI stood at €191.4 billion, an increase of €8 billion from June 2019 and of €3.5 billion from December 2019.
The total stock position of FDI abroad, on the other hand, decreased by €0.9 billion from June 2019 to settle at €59.2 billion in June 2020. Direct investment flows abroad, however, registered a rise of €5.0 million in the first six months of 2020, totalling €3.2 billion. Financial and Insurance activities made up 99.4 percent of all FDI abroad.