France foreign direct investment flows
France foreign direct investment flows are available quarterly from Eurostat and Banque de France.
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | Q1-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inward FDI into France (liabilities)5 | ||||||||||||||
| Direct investment, total | -11,632 | 22,082 | -21,389 | -1,961 | 59,498 | 36,330 | -323 | 9,476 | 4,475 | -7,614 | 753 | -564 | 32,401 | |
| Equity and investment fund shares | 2,174 | 9,814 | 4,030 | 6,155 | 3,085 | 17,560 | 11,067 | 5,983 | 7,716 | 7,479 | 10,386 | 10,182 | 10,190 | |
| Equity other than reinvested earnings | 1,649 | 9,289 | 3,505 | 5,630 | 2,560 | 14,811 | 8,317 | 3,233 | 4,966 | 4,405 | 7,312 | 7,108 | 7,117 | |
| Reinvested earnings | 525 | 525 | 525 | 525 | 525 | 2,750 | 2,750 | 2,750 | 2,750 | 3,073 | 3,073 | 3,073 | 3,073 | |
| Debt instruments (intra-group loans) | -13,806 | 12,269 | -25,419 | -8,116 | 56,413 | 18,770 | -11,390 | 3,493 | -3,240 | -15,093 | -9,632 | -10,745 | 22,211 | |
| Outward FDI by France (assets)5 | ||||||||||||||
| Direct investment, total | 11,884 | 18,503 | 7,809 | -4,942 | 68,055 | 27,953 | 7,243 | 8,658 | 7,161 | 7,239 | 21,309 | 9,691 | 23,409 | |
| Equity and investment fund shares | 9,414 | 15,438 | 5,612 | 4,343 | 47,794 | 23,777 | 10,903 | 9,377 | 6,733 | 29,072 | 17,428 | 10,068 | 10,731 | |
| Equity other than reinvested earnings | 7,714 | 13,738 | 3,912 | 2,643 | 46,094 | 20,322 | 7,448 | 5,922 | 3,278 | 22,250 | 10,606 | 3,247 | 3,909 | |
| Reinvested earnings | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 3,455 | 3,455 | 3,455 | 3,455 | 6,822 | 6,822 | 6,822 | 6,822 | |
| Debt instruments (intra-group loans) | 2,470 | 3,064 | 2,197 | -9,286 | 20,261 | 4,176 | -3,660 | -719 | 427 | -21,833 | 3,881 | -378 | 12,678 | |
| Net FDI (assets minus liabilities)5 | ||||||||||||||
| Direct investment, total | 23,516 | -3,579 | 29,198 | -2,981 | 8,557 | -8,377 | 7,566 | -818 | 2,686 | 14,853 | 20,556 | 10,255 | -8,992 | |
| Equity and investment fund shares | 7,240 | 5,624 | 1,582 | -1,812 | 44,709 | 6,217 | -164 | 3,394 | -983 | 21,593 | 7,042 | -114 | 541 | |
| Equity other than reinvested earnings | 6,065 | 4,449 | 407 | -2,987 | 43,534 | 5,511 | -869 | 2,689 | -1,688 | 17,845 | 3,294 | -3,861 | -3,208 | |
| Reinvested earnings | 1,175 | 1,175 | 1,175 | 1,175 | 1,175 | 705 | 705 | 705 | 705 | 3,749 | 3,749 | 3,749 | 3,749 | |
| Debt instruments (intra-group loans) | 16,276 | -9,205 | 27,616 | -1,170 | -36,152 | -14,594 | 7,730 | -4,212 | 3,667 | -6,740 | 13,513 | 10,367 | -9,533 | |
| Income on direct investment3 | ||||||||||||||
| Income received (credit) | 10,648 | 53,920 | 25,771 | 47,684 | 9,293 | 54,231 | 28,977 | 46,369 | 18,277 | 63,440 | 24,768 | 51,275 | 15,723 | |
| Income paid (debit) | 5,851 | 22,501 | 12,441 | 20,184 | 5,793 | 23,122 | 14,679 | 20,791 | 10,790 | 28,321 | 13,678 | 22,453 | 8,507 | |
| Net income (balance) | 4,797 | 31,419 | 13,330 | 27,500 | 3,500 | 31,109 | 14,298 | 25,578 | 7,487 | 35,119 | 11,090 | 28,822 | 7,216 | |
| By type of relationship4 | ||||||||||||||
| Outward direct investment (asset/liability presentation)6 | ||||||||||||||
| Net flows, total3 | 11.9 | 18.5 | 7.8 | -4.9 | 68.1 | 28 | 7.2 | 8.7 | 7.2 | 7.2 | 21.3 | 9.7 | 23.4 | |
| Equity other than reinvested earnings | 7.7 | 13.7 | 3.9 | 2.6 | 46.1 | 20.3 | 7.4 | 5.9 | 3.3 | 22.2 | 10.6 | 3.2 | 3.9 | |
| Reinvested earnings | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 3.5 | 3.5 | 3.5 | 3.5 | 6.8 | 6.8 | 6.8 | 6.8 | |
| Debt instruments | 2.5 | 3.1 | 2.2 | -9.3 | 20.3 | 4.2 | -3.7 | -0.7 | 0.4 | -21.8 | 3.9 | -0.4 | 12.7 | |
| Direct investors in direct investment enterprises2 | ||||||||||||||
| Equity other than reinvested earnings | 7.7 | 13.7 | 3.9 | 2.6 | 46.1 | 20.3 | 7.4 | 5.9 | 3.3 | 22.2 | 10.6 | 3.2 | 3.9 | |
| Debt instruments | 5.9 | -7.1 | 1.9 | -2.6 | 5.6 | -1.3 | -5.8 | -2.3 | 5.2 | -21.6 | -1.3 | -1.7 | 8.9 | |
| Reverse investment of direct investment enterprises in their direct investors2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | 3.6 | 4.9 | 1.1 | -4.5 | -3.4 | 7.7 | 3.7 | -6.7 | 1.5 | -5.6 | 3.9 | -1.3 | 3 | |
| Between fellow enterprises2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | -7 | 5.3 | -0.8 | -2.2 | 18.1 | -2.3 | -1.6 | 8.3 | -6.2 | 5.4 | 1.3 | 2.7 | 0.8 | |
| Fellow enterprises with a resident ultimate controlling parent2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | -6.3 | 5.7 | -0.8 | -4.6 | 23.3 | 2 | -0.9 | 6.5 | -4.7 | 8.3 | 2 | -1.3 | -0.5 | |
| Fellow enterprises with a non-resident ultimate controlling parent2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | -0.7 | -0.4 | 0 | 2.4 | -5.2 | -4.3 | -0.7 | 1.8 | -1.5 | -2.9 | -0.7 | 3.9 | 1.3 | |
| Inward direct investment (asset/liability presentation)6 | ||||||||||||||
| Net flows, total3 | -11.6 | 22.1 | -21.4 | -2 | 59.5 | 36.3 | -0.3 | 9.5 | 4.5 | -7.6 | 0.8 | -0.6 | 32.4 | |
| Equity other than reinvested earnings | 1.6 | 9.3 | 3.5 | 5.6 | 2.6 | 14.8 | 8.3 | 3.2 | 5 | 4.4 | 7.3 | 7.1 | 7.1 | |
| Reinvested earnings | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 2.7 | 2.7 | 2.7 | 2.7 | 3.1 | 3.1 | 3.1 | 3.1 | |
| Debt instruments | -13.8 | 12.3 | -25.4 | -8.1 | 56.4 | 18.8 | -11.4 | 3.5 | -3.2 | -15.1 | -9.6 | -10.7 | 22.2 | |
| Direct investors in direct investment enterprises2 | ||||||||||||||
| Equity other than reinvested earnings | 1.6 | 9.3 | 3.5 | 5.6 | 2.6 | 14.8 | 8.3 | 3.2 | 5 | 4.4 | 7.3 | 7.1 | 7.1 | |
| Debt instruments | -1.8 | 0.2 | -3.3 | 1.3 | 0.8 | -1.6 | -2.6 | 3.3 | -1.4 | 0.4 | -0.8 | -0.7 | 11.1 | |
| Reverse investment of direct investment enterprises in their direct investors2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | -1.7 | 7.5 | -20.1 | 1.5 | 23 | 7.4 | -2.9 | 4.2 | -2.8 | -11.7 | -5.7 | 1.1 | 2 | |
| Between fellow enterprises2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | -10.3 | 4.6 | -2 | -11 | 32.6 | 13 | -5.8 | -4.1 | 1 | -3.8 | -3.1 | -11.1 | 9.1 | |
| Fellow enterprises with a resident ultimate controlling parent2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | -8.8 | 13.6 | 1.2 | -10.5 | 27.9 | 7.6 | -1.6 | -1.7 | -0.1 | -2.2 | 5.5 | -9.9 | 5.4 | |
| Fellow enterprises with a non-resident ultimate controlling parent2 | ||||||||||||||
| Equity other than reinvested earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt instruments | -1.4 | -9 | -3.2 | -0.4 | 4.7 | 5.3 | -4.2 | -2.3 | 1.1 | -1.6 | -8.6 | -1.2 | 3.7 | |
| Inward direct investment (extended directional principle)1 | ||||||||||||||
| Net flows, total3 | -4 | -3.4 | -3.6 | 9.2 | 17.2 | 17.9 | 1.2 | 11.9 | 7.4 | 14.8 | -2.2 | 5.7 | 20.7 | |
| Equity other than reinvested earnings | 1.6 | 9.3 | 3.5 | 5.6 | 2.6 | 14.8 | 8.3 | 3.2 | 5 | 4.4 | 7.3 | 7.1 | 7.1 | |
| Reinvested earnings | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 2.7 | 2.7 | 2.7 | 2.7 | 3.1 | 3.1 | 3.1 | 3.1 | |
| Debt instruments | -6.2 | -13.2 | -7.6 | 3 | 14.2 | 0.3 | -9.9 | 5.9 | -0.3 | 7.3 | -12.6 | -4.5 | 10.5 | |
| Outward direct investment (extended directional principle)1 | ||||||||||||||
| Net flows, total3 | 19.5 | -7 | 25.6 | 6.2 | 25.8 | 9.5 | 8.8 | 11.1 | 10.1 | 29.7 | 18.4 | 15.9 | 11.7 | |
| Equity other than reinvested earnings | 7.7 | 13.7 | 3.9 | 2.6 | 46.1 | 20.3 | 7.4 | 5.9 | 3.3 | 22.2 | 10.6 | 3.2 | 3.9 | |
| Reinvested earnings | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 3.5 | 3.5 | 3.5 | 3.5 | 6.8 | 6.8 | 6.8 | 6.8 | |
| Debt instruments | 10.1 | -22.4 | 20 | 1.8 | -22 | -14.3 | -2.1 | 1.7 | 3.3 | 0.6 | 0.9 | 5.8 | 1 |
Latest reading
Direct investment, total stood at −11,632 EUR million in Q1 2026. That is −33,714 EUR million from Q4 2025 and −71,130 EUR million from a year earlier. The series on this page is quarterly and runs from Q1 1999 to Q1 2026. Source: Eurostat – balance of payments by country, quarterly (bop_c6_q), compiled by Banque de France.
- Latest
- −11,632 EUR million
- Q1 2026
- vs previous period
- −33,714 EUR million
- Q4 2025
- vs a year earlier
- −71,130 EUR million
About this data
France foreign direct investment flows are available quarterly from Eurostat and Banque de France. The table tracks inward FDI into France and outward FDI by France, showing equity capital, reinvested earnings, and intra-group debt. Users can analyze net FDI flows and income on direct investment since 1999. Figures are presented in billions and millions of euros.
Frequently asked questions
- What is the difference between inward and outward FDI in France?
- Inward FDI represents foreign direct investment made by foreign entities into France, while outward FDI represents direct investment made abroad by French residents.
- How often are France foreign direct investment flows published?
- France foreign direct investment flows are compiled by the Banque de France and published quarterly by Eurostat.
- What components of FDI are tracked in the France table?
- The table tracks equity other than reinvested earnings, reinvested earnings, debt instruments such as intra-group loans, and income on direct investment since 1999.
- In what units are France foreign direct investment flows reported?
- The FDI flows and income transactions for France are reported in millions and billions of euros.
