Outward Foreign Affiliates Statistics (FATS) - Economy and Finance
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Transcript of Outward Foreign Affiliates Statistics (FATS) - Economy and Finance
8/9/2019 Outward Foreign Affiliates Statistics (FATS) - Economy and Finance
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and 6 % for Germany to 0.1 % for the Czech Republic
and Latvia.
The above data show that EU companies are more
eager to set up foreign affiliates in neighbouring
countries, usually within the European Union, in
other European countries such as Switzerland andRussia, or in countries with historical and cultural
links, such as Brazil for Portugal. The USA is by far
the major destination for affiliates with headquar-
ters in the EU, which can be explained by the fact
that it is a very important market. The role of Asiaas a market for EU foreign affiliates has increased
substantially during the last few years, especially
in China and Japan.
B TWEB TE
Eurostat provides users with free access to all of its
databases, as well as PDF versions of its publica-
tions. To discover more, open a web browser on the
Eurostat home page at: c.europa.eu/Eurostatc.europa.eu/Eurostat .
From the Eurostat homepage, statistical themes
may be accessed by clicking on ‘Statistics’ at the
top of the page and then clicking on the link to‘Balance of payments’included in the theme ‘Econ-
omy and finance’.
The database may be accessed from the left-handmenu. To access outward FATS data on employment
and turnover, click on European Foreign Affiliates
Statistics.
Links to the methodology, structured according to
the International Monetary Fund’s common Special
Data Dissemination Standard (SDDS), provide sup-
porting information on aspects such as collectionmethods, data treatment, classifications and defini-
tions and quality aspects. SDDS metadata on out-
ward FATS may be found by clicking on the symbol
‘M’on the right side of the corresponding chapter.
8/9/2019 Outward Foreign Affiliates Statistics (FATS) - Economy and Finance
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The European Union is one of the world’s biggest
investors, and foreign affiliates of European compa-
nies play a very important role in the global econ-
omy. Therefore, outward foreign affiliates statistics
(FATS), which can be defined as statistics describing
the activity of foreign affiliates abroad controlled by
the compiling economy, are increasingly relevant in
formulation of European economic policies, as they
provide information on the role which European
capital groups play in the world’s economy, espe-
cially in terms of sales and employment.
Reporting of outward FATS data in Europe has been
taking place on a voluntary basis up to the reference
year 2006, for which the data are the latest currently
available. The variables covered for most countries
were number of persons employed and turnover
with respectively 11 and 10 Member States provid-
ing the data. As from the reference year 2007 out-ward FATS data transmission to Eurostat became
compulsory for turnover, number of persons em-
ployed and number of enterprises. The publication
of those figures is expected in early 2010.
Throughout the reference years 2004–06, out of the
Member States with available data, German foreign
affiliates had by far the biggest share in terms of
both turnover and number of persons employed.
They were followed by foreign affiliates from Italy,
Finland and France in terms of turnover and Sweden
and Italy in terms of number of persons employed.
Activity of the EU foreign affiliates is bigger inside
than outside the EU. For reference year 2006, the in-
tra-EU27 share in number of persons employed was
56 % (ranging from 42 % for Portugal to 74 % for
the Czech Republic, followed by 72 % for Austria). In
terms of turnover, the intra-EU27 share represents
57 % (ranging from 51 % for Germany to 90 % for
the Czech Republic). EU foreign affiliates’ activity
is bigger inside the EU than outside in all Member
States with available data and for both character-
istics, turnover and number of persons employed,
except for number of persons employed in Portu-guese foreign affiliates (where the extra-EU share
was 61 %) and in Slovakian foreign affiliates (with a
53 % share), and for turnover in Latvian foreign af-
filiates (with a 57 % of turnover registered outside
the EU-27).
Moreover, the most substantial activity of foreign
affiliates takes place in the neighbouring countries
(France for Belgium, Slovakia for Czech Republic,
Germany for Austria and the Czech Republic, Spain
for Portugal or Sweden for Finland). Only for Ger-
man foreign affiliates the biggest country of des-
tination outside the EU in terms of both turnover
and number of persons employed is the United
States. The USA is the biggest destination in terms
of number of persons employed for Sweden and in
terms of turnover for Finland.
The highest activity of European affiliates outside theEuropean Union is registered in North America, with
32 % in terms of persons employed and 54 % for turn-
over of affiliates located outside the EU27 (USA rep-
resents 92 % of the total figures with North America).
Graph 1 shows the whole geographical breakdown
for number of persons employed and turnover.
In terms of types of activities, services are the main
field of activity for European affiliates with 54 % of
the total turnover, followed by manufacturing, with
39 %. Only Finland shows a higher share of manufac-
turing (57 %) than that for services (39 %) in terms
of turnover. On the other hand, considering thenumber of persons employed, the manufacturing
with 52 % recorded the highest share, compared
with a 42 % recorded for services. This was caused
by share of employment in manufacturing in affili-
ates controlled from Czech Republic, Germany, Italy
and Finland, while for remaining countries employ-
ment in services was greater.
‘Trade and repairs’ represents the biggest share
among the services categories in both number of
persons employed and turnover (38 % and 56 % re-
Graph 1 — Number o persons employed and turnover in oreign a-iliates located outsidetheEU-27 in 2006 for11 reporting countriesfornumber of personsemployed(Belgium, Czech Republic, Germany, Greece,Italy,Latvia,Austria, PortugalSlovakia,Finland andSweden), and10 re-porting countriesforturnover(no dataavailable forSweden)
N um e r o p r so ns m pl oy e Num er o p rsons mployed
u rn v er
urnover
REI N AFF L A E A I I ( A )U W EI N AF L A E A I I S ( A S)
Other Europeancountries
24 %
Africa6 %
North American
countries32 %
Central
Americancountries
4 %
SouthAmericancountries
10 %
Asia22 %
Oceania and Polarregions
2 %
Other Europeancountries
10 %
Africa 3 %
North Americancountries
54 %
CentralAmericancountries
4 %
SouthAmerican
countries7 %
Asia18 %
Oceania and Polarregions
4 %