Total foreign direct investment stock in resident enterprises in Palestine amount to $1,732M at end of 2019
Palestine Economy Portal
The total foreign direct investment stock in resident enterprises in Palestine amounted to USD 1,732 million at the end of 2019, according to a survey issued by the Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA).
The Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA) announced the preliminary results of the Foreign Investment Survey of Resident Enterprises in Palestine as of end of year 2019. This periodic survey constitutes the continuous efforts made by both of PCBS and PMA on a regular basis.
Results indicated that external investments by resident enterprises in Palestine were greater than investments by non-residents in resident enterprises in Palestine at the end of 2019, taking into consideration the specification of the Palestinian situation; that Palestine does not own a national currency, which is included in the other investments on the assets side.
In this regard, the total investment stock abroad of resident enterprises in Palestine (assets) is amounted to USD 7,102 million at the end of 2019, of which 63.9% is foreign exchange in these enterprises and their deposits in banks abroad.
In addition, the total foreign investment stock in resident enterprises in Palestine (liabilities) is amounted to USD 3,189 million at the end of 2019, of which 54.3% is foreign direct investment (FDI).
The total investments stock abroad of resident enterprises in Palestine (assets) at the end of 2019 was distributed as Other investments abroad amounted to USD 4,768 million with a percentage of 67.1% of total assets; portfolio investments abroad amounted to USD 1,416 million with a percentage of 19.9% of total assets; the stock of reserve assets for the PMA amounted to USD 658 million with a percentage of 9.3% of total assets, and the foreign direct investments (FDI) abroad amounted to USD 260 million with a percentage of 3.7% of total assets at the end of 2019.
While the total foreign investment stock in resident enterprises in Palestine (liabilities) was distributed as Foreign direct investments (FDI) amounted to USD 1,732 million with a percentage of 54.3% of total liabilities; portfolio investments were USD 714 million with a percentage of 22.4% of total liabilities; while other investments totaled USD 743 million with a percentage of 23.3% of total liabilities at the end of 2019.
Results showed that 64.3% of foreign direct investments (FDI) in resident enterprises in Palestine is concentrated in the financial intermediation activity. Whereas investments from Jordan contributed 82.6% of the total stock of FDI in resident enterprises in Palestine.
Results also showed that 59.8% of total portfolio investments in resident enterprises in Palestine are concentrated in the financial intermediation activity. Whereas investments from Jordan contributed 51.2% of the total stock of Portfolio investments in resident enterprises in Palestine.