Foreign Direct Investment in Central and Eastern Europe with Special Attention to Austrian FDI Activities in this Region

This 16th edition of the WIIW-WIFO database on foreign direct investment (FDI) contains estimated end-2003 data for the Central and East European countries. Estimations are based on the balance of payments for 9-11 months. We also made a forecast of FDI inflows in the year 2004. The main reporting is in euro; data in US dollar, if not directly reported, have been calculated. The Tables in Part I inform about both inward and outward FDI flows and stocks. Part II Tables report on FDI by country origin and targeted industry. A brief analysis of current FDI trends in CEECs is provided. Special attention is devoted to Austrian direct investments in the region. The sources of data are official publications, usually the National Banks of the respective countries. Data for previous years have been revised according to the latest official reports. Methodological explanations are given in footnotes and in Chapter 4. The data have been processed and commented on by Gábor Hunya (wiiw) and Jan Stankovsky (WIFO) with the help of statisticians of both institutes (Monika Schwarzhappel, wiiw, and Gabriele Wellan, WIFO).

In this joint effort wiiw and WIFO combine the overlapping parts of the two institutes' FDI databases. In addition to the tables presented in this publication, wiiw maintains a separate database concerning the performance of foreign investment enterprises in the CEECs1, while WIFO runs a detailed database covering FDI by Austrian firms and FDI in Austria.