|
In the first semester of 2001, foreign investment grew to US$1.3 billion, US$405
million higher than in the year before. The higher inflation is explained mainly by the
increase in foreign direct investment US$445, particularly investments in the oil sector
(US$240 million), in contrast with the US$249 million of net outflows in 2000. Direct
investments to other sectors amounted to US$1.1 billion and were primarily channeled to
the communication, mining, and the financial sectors. On the other hand, portfolio
investments registered US$22 million of net capital outflows, in contrast with the US$18
million of net incomes presented the year before.
FOREIGN INVESTMENT
|
Foreign Investment 1/ US$ millions
FOREIGN
INVESTMENT |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
| Total |
500,5 |
456,9 |
794,7 |
1.104,7 |
1.924,5 |
1.133,0 |
3.403,8 |
| Direct |
500,5 |
456,9 |
728,7 |
959,7 |
1.446,5 |
968,4 |
3.111,6 |
| Oil |
269,6 |
264,1 |
439,6 |
557,3 |
134,7 |
151,3 |
778,3 |
|
Other sectors |
230,9 |
192,8 |
289,1 |
402,4 |
1.311,8 |
817,0 |
2.333,4 |
| Portfolio |
- |
- |
66,0 |
145,0 |
478,0 |
164,7 |
292,2 |
FOREIGN
INVESTMENT |
1997 |
1998 |
1999 p |
2000 pr |
2000 pr* |
2001pr* |
|
| Total |
6.231,5 |
2.672,7 |
1.445,5 |
2.393,0 |
892,7 |
1.298,2 |
|
| Direct |
5.639,0 |
2.932,3 |
1.468,2 |
2.375,9 |
874,7 |
1.320,2 |
|
| Oil |
382,3 |
91,3 |
-550,7 |
-637,0 |
-248,6 |
240,0 |
|
|
Other sectors |
5.256,7 |
2.841,0 |
2.018,9 |
3.013,0 |
1.123,4 |
1.080,1 |
|
| Portfolio |
592,5 |
-259,6 |
-22,7 |
17,1 |
18,0 |
-22,0 |
|
|
p: Provisional. pr: Preliminar.
*: Up to June.
1/ Since 1994, the statistics correspond to the new measurement of the Balance of Payments
, according to the Balance of Payments Methodology of the 5th Edition International
Monetary Fund Balance of Payments Manual .
Source: Banco de la República, International Exchange and Economic Studies Department |
