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Foreign Direct Investment in Central and Eastern Europe with Special Attention to Austrian FDI Activities in this Region


  • Gabor Hunya

    () (The Vienna Institute for International Economic Studies, wiiw)


This 16th edition of the WIIW-WIFO database on foreign direct investment (FDI) contains estimated end-2003 data for the Central and East European countries. Estimations are based on the balance of payments for 9-11 months. We also made a forecast of FDI inflows in the year 2004. The main reporting is in euro; data in US dollar, if not directly reported, have been calculated. The Tables in Part I inform about both inward and outward FDI flows and stocks. Part II Tables report on FDI by country origin and targeted industry. A brief analysis of current FDI trends in CEECs is provided. Special attention is devoted to Austrian direct investments in the region. The sources of data are official publications, usually the National Banks of the respective countries. Data for previous years have been revised according to the latest official reports. Methodological explanations are given in footnotes and in Chapter 4. The data have been processed and commented on by Gábor Hunya (wiiw) and Jan Stankovsky (WIFO) with the help of statisticians of both institutes (Monika Schwarzhappel, wiiw, and Gabriele Wellan, WIFO). In this joint effort wiiw and WIFO combine the overlapping parts of the two institutes' FDI databases. In addition to the tables presented in this publication, wiiw maintains a separate database concerning the performance of foreign investment enterprises in the CEECs1, while WIFO runs a detailed database covering FDI by Austrian firms and FDI in Austria.

Suggested Citation

  • Gabor Hunya, 2004. "Foreign Direct Investment in Central and Eastern Europe with Special Attention to Austrian FDI Activities in this Region," wiiw FDI Reports 2004-02, The Vienna Institute for International Economic Studies, wiiw.
  • Handle: RePEc:wii:fdirep:fdi:2004-02

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    Cited by:

    1. Francisco B. Castro, 2004. "Foreign Direct Investment in a Late Industrialising Country: The Portuguese IDP Revisited," FEP Working Papers 147, Universidade do Porto, Faculdade de Economia do Porto.
    2. Eller, Markus & Haiss, Peter & Steiner, Katharina, 2006. "Foreign direct investment in the financial sector and economic growth in Central and Eastern Europe: The crucial role of the efficiency channel," Emerging Markets Review, Elsevier, vol. 7(4), pages 300-319, December.
    3. Bellak, Christian & Leibrecht, Markus & Riedl, Aleksandra, 2008. "Labour costs and FDI flows into Central and Eastern European Countries: A survey of the literature and empirical evidence," Structural Change and Economic Dynamics, Elsevier, vol. 19(1), pages 17-37, March.
    4. Yvonne Wolfmayr, 2004. "Austria's Trade with the EU Accession Countries," WIFO Monatsberichte (monthly reports), WIFO, vol. 77(4), pages 231-249, April.
    5. Thomas Gruber, 2004. "Employment and Labor Market Flexibility in the New EU Member States," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 96-121.

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