Are foreign direct investment positions included in the Coordinated Portfolio Investment Survey (CPIS) database?
Foreign direct investment positions are excluded from the CPIS. However, under the international statistical standards such as the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) and the fourth edition of the OECD Benchmark Definition of Foreign Direct Investment (BD4), debt positions between financial intermediaries (other than insurance corporations and pension funds) that are in a direct investment relationship are excluded from direct investment and classified instead in portfolio or other investment. In the circumstance where the data are classified in portfolio investment, the data would be in-scope of the CPIS.
Foreign direct investment is a category of cross border investment associated with a resident in one economy having control or a significant degree of influence on the management of enterprise in another economy. In practice, ownership of equity by a direct investor that entitles it to 10 percent or more of the voting power is used to determine a significant degree of influence. Data on bilateral direct investment positions are available from the IMF’s Coordinated Direct Investment Survey (CDIS).
Foreign direct investment is a category of cross border investment associated with a resident in one economy having control or a significant degree of influence on the management of enterprise in another economy. In practice, ownership of equity by a direct investor that entitles it to 10 percent or more of the voting power is used to determine a significant degree of influence. Data on bilateral direct investment positions are available from the IMF’s Coordinated Direct Investment Survey (CDIS).