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Annual valuation of foreign direct investment stock through non-ETVE operations in Spain from 2010 to 2017

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Source

Release date

June 2019

Region

Spain

Survey time period

2010 - 2017

Supplementary notes

The figures have been rounded.

The data comes from the Foreign Investment Registry (RIE) and are those declared by investors in accordance with the provisions of Spanish legislation on foreign investments. It should be noted that the stock information is updated annually, incorporating information relating to the fiscal year two years prior to its publication. For this reason, the source only provides information up to the year 2017.

* The stock of foreign direct investment is the valuation of accumulated direct foreign investment at a given point in time. That is, the valuation of those investments that entered Spain and through which the foreign investor intended to obtain management control of a company (an investment of 10 percent or more of the shares confers voting rights in a company).

This statistic shows the valuation of the investment as a measure of the stock of productive investment (not ETVE).
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.

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Stock IED in ETVE: stock valuation in Spain 2010-2017

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