Transaction values External Transactions

Net domestic investment abroad

Domestic direct investment asset

At €74 billion, the expansion of foreign direct investment (FDI) assets slowed down in 2024, compared to the previous year (€96 billion).

Domestic direct investment assets, breakdown by groups of countries
Europe was able to maintain its role as the most popular target region, with claims rising by €40 billion. The Netherlands, Luxembourg and Switzerland accounted for a large part of the investment.

Domestic direct investment assets, breakdowns by economic activity of the domestic investors
Looking at other individual countries, the United States is the leader in the interest of domestic investors. Overall, the United States is ranked 1 st. This makes America the most popular target region for German FDI outside Europe, following a decline in claims in the previous reporting year (-24 billion).

Interest vis-à-vis Asia is still rising but less expansionary than in the previous reporting year.

Domestic direct investment liabilities

Domestic direct investment liabilities
Foreign direct investment flows to Germany amounted to €43 billion in 2024. Inflows were thus significantly lower than in the previous year (€72 billion).

Domestic direct investment liabilities, breakdowns by groups of countries
Europe provided €28 billion, which was significantly lower than in the previous year (€63 billion). Large outflows of funds were observed vis-à-vis the United Kingdom in particular (-€16 billion). By contrast, the euro area showed a significant increase in the provision of funds. Luxembourg, in particular, played a prominent role here, with inflows of €17 billion, making it by far the largest investor. This was followed by the Netherlands and Ireland.

Domestic direct investment liabilities
Inflows from the America amounted to €11 billion, primarily driven by inflows from the United States.

At €3 billion, inflows from Asia were significantly lower than in the previous year (€9 billion).