OECD Benchmark Definition of Foreign Direct Investment 2008
Fourth Edition
Foreign direct investment (FDI) is a major driver of globalisation. The OECD Benchmark Definition of Foreign Direct Investment sets the world standard for FDI statistics. It provides a single point of reference for statisticians and users on all aspect of FDI statistics, while remaining compatible with other internationally accepted statistical standards. This edition introduces new analytical data breakdowns and statistical treatments that better reflect the realities of today’s world economy. The revised Benchmark Definition provides methods for classifying different types of FDI (e.g., mergers and acquisitions, greenfield investments) and for identifying the ultimate investor. The new edition now addresses the uses of FDI statistics, including globalisation indicators, and provides a chapter relating to the statistics on the activities of multinational enterprises.
Main Concepts and Definitions of Foreign Direct Investment
This chapter provides an overview of statistical units and the Framework for Direct Investment Relationships (FDIR). Rigorous application of these fundamental aspects is central to the implementation of the Foreign Direct Investment (FDI) concepts and recommendations described in this Benchmark Definition. It is also important both for the interpretation and use of FDI statistics. Definitions of statistical units which underpin the concepts and treatment of FDI are in line with the general principles adopted in the System of National Accounts (SNA) and the Balance of Payments Manual (BPM) and, therefore, consistent with the concepts and definitions underlying most macro-economic statistics.
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