FINANCIAL NEWS

Qatar’s FDI hits USD8m in 2013

17 Jul 2014

(MENAFN) Qatar’s outward foreign direct investment (FDI) reached a record high at USD8.02 billion in 2013, totaling 14 percent of the country’s gross fixed capital formation (GFCF) compared to 3.4 percent a year ago, according to the Peninsula Qatar.

Qatar’s FDI outflow was estimated at USD1.8 billion, or 3.4 percent, of GFCF in 2012. GFCF is a measure of the investment value of a country’s acquisitions of new or existing fixed assets.

Qatar’s outward FDI stocks boosted during 2013 to USD28 billion, compared to USD20 billion reported in 2012. But the inward FDI stocks fell marginally to USD29 billion compared to USD30 billion.

The inward FDI flows also fell minus USD840 million of GFCF compared to the previous year’s USD327 million.

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