Evolution of foreign direct investment flows through non-ETVE operations in Spain from the first quarter of 2015 to the fourth quarter of 2020
(in millions of euros)
Characteristic
Gross investment in millions of euros
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* Foreign direct investment flows constitute the inflow of foreign investments into Spain through which the investor intends to obtain management control of a company (an investment of 10 percent or more of the shares grants voting rights in a company).
This statistic shows gross productive investment flows, that is, without deducting investment liquidations or divestments, and including only NON-ETVE type operations (productive).
ETVE type operations consist of investments made by Foreign Securities Holding Entities (ETVE). These are instrumental companies whose existence is due to tax optimization strategies within the same business group. This type of investment has purely fiscal purposes, so it is often also referred to as non-productive investment.
The data come from the Foreign Investment Registry (RIE) and are those declared by investors in accordance with the provisions of Spanish legislation on foreign investments.
Citation formats
Gross foreign direct investment: non-ETVE Spain operations Q1 2015-Q2 2020
This statistic presents the quarterly evolution of gross foreign direct investment flows through non-ETVE* operations in Spain between the first quarter of 2015 and the second quarter of 2020. In the second quarter of 2018, foreign direct investment in Spain reached the highest volume of the analyzed period, exceeding ** billion euros.
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Ministerio de EconomÃa, Comercio y Empresa (España). (July 11, 2020). Evolution of foreign direct investment flows through non-ETVE operations in Spain from the first quarter of 2015 to the fourth quarter of 2020 (in millions of euros) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1633137/quarterly-flows-of-productive-foreign-direct-investment-in-spain/
Ministerio de EconomÃa, Comercio y Empresa (España). "Evolution of foreign direct investment flows through non-ETVE operations in Spain from the first quarter of 2015 to the fourth quarter of 2020 (in millions of euros)." Chart. July 11, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1633137/quarterly-flows-of-productive-foreign-direct-investment-in-spain/
Ministerio de EconomÃa, Comercio y Empresa (España). (2020). Evolution of foreign direct investment flows through non-ETVE operations in Spain from the first quarter of 2015 to the fourth quarter of 2020 (in millions of euros). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1633137/quarterly-flows-of-productive-foreign-direct-investment-in-spain/
Ministerio de EconomÃa, Comercio y Empresa (España). "Evolution of Foreign Direct Investment Flows through Non-etve Operations in Spain from The First Quarter of 2015 to The Fourth Quarter of 2020 (in Millions of Euros)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 11 Jul 2020, /statistics/1633137/quarterly-flows-of-productive-foreign-direct-investment-in-spain/
Ministerio de EconomÃa, Comercio y Empresa (España), Evolution of foreign direct investment flows through non-ETVE operations in Spain from the first quarter of 2015 to the fourth quarter of 2020 (in millions of euros) ÌÇÐÄÆƽâ°æ, /statistics/1633137/quarterly-flows-of-productive-foreign-direct-investment-in-spain/ (last visited July 31, 2026)
Evolution of foreign direct investment flows through non-ETVE operations in Spain from the first quarter of 2015 to the fourth quarter of 2020 (in millions of euros) [Graph], Ministerio de EconomÃa, Comercio y Empresa (España), July 11, 2020. [Online]. Available: /statistics/1633137/quarterly-flows-of-productive-foreign-direct-investment-in-spain/
