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France outward FDI: between fellow enterprises equity

France outward FDI: between fellow enterprises equity stood at 0 EUR billion in Q2 2026, according to Eurostat – balance of payments by country, quarterly (bop_c6_q), compiled by Banque de France. It is one of the indicators in the FDI flows table (Value · Quarterly), with a complete series running from Q1 2008 to Q2 2026. The complete series with an interactive chart, free to download.

Source: Eurostat – balance of payments by country, quarterly (bop_c6_q), compiled by Banque de FranceLast updated: Curated by Bui Thanh Phuc
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This indicator in the FDI flows table

IndicatorQ2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024Q1-2024
Between fellow enterprises
Equity other than reinvested earnings0000000000
Debt instruments2.2-4.95.3-0.8-2.218.1-2.3-1.68.3-6.2

Understanding france outward FDI: between fellow enterprises equity

Ownership capital transactions conducted strictly between sister entities under common corporate control without a direct parent-subsidiary link are monitored in this register. The scope covers equity acquisitions and disposals among legally separate enterprises that share a common controlling parent located outside the immediate investment chain. Excluded are direct investments between parents and subsidiaries, along with all debt financing and retained earnings. This metric contrasts with direct investor equity by isolating lateral capital movements among peer corporate bodies.

Interpreting these statistics requires caution regarding internal corporate group reorganizations, which can induce sharp, temporary deviations in capital flows. Initial estimates frequently undergo revision following subsequent corporate structural disclosures. Analysts should evaluate these figures alongside broader capital accounts rather than in isolation. Comparing fellow enterprise equity directly with direct investor shares can obscure where managerial control actually resides within the multinational structure.

Frequently asked questions

What constitutes a fellow enterprise in this context?
It refers to sister companies under common control that do not hold direct equity in one another.
Does this series measure debt obligations between sister firms?
No, this specific series tracks only equity transactions between fellow enterprises.
Why might lateral equity flows show erratic movements?
Corporate group restructuring and internal ownership realignments often create sudden spikes.

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