Home > Table 2.—Current-Dollar and Real Gross Product of Majority-Owned Foreign Affiliates in Manufacturing, by Country, 1982-94

Table 2.—Current-Dollar and Real Gross Product of Majority-Owned Foreign Affiliates in Manufacturing, by Country, 1982-94

Billions of current dollars Average annual rate of growth
1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1982-89 1989-92 1992-94 1982-94
All countries 99.8 94.9 97.5 99.0 115.6 137.4 159.7 172.0 187.6 182.1 181.9 177.7 197.5 8.1 1.9 4.2 5.9
19 OECD countries 76.9 75.5 78.3 79.9 95.7 115.0 133.2 141.4 155.0 149.4 143.9 135.7 152.7 9.1 .6 3.0 5.9
Australia 4.3 3.8 4.0 3.4 3.1 3.7 5.0 6.9 6.3 5.3 5.1 5.0 5.7 6.9 -9.2 5.8 2.4
Austria .2 .4 .4 .4 .5 .4 .5 .7 .7 .8 .9 .9 1.3 16.0 9.3 18.8 14.7
Belgium 2.4 2.7 2.8 2.9 3.8 4.2 4.8 5.0 5.5 5.4 5.9 5.6 6.8 11.0 5.9 7.4 9.1
Canada 16.4 18.0 20.2 20.1 20.7 21.9 25.8 28.9 27.4 23.8 21.6 22.0 25.0 8.4 -9.1 7.6 3.6
Denmark .2 .2 .2 .2 .3 .4 .4 .4 .4 .5 .5 .5 .6 6.7 7.9 12.7 8.0
Finland (*) (*) (*) (*) (*) (*) (*) .1 .1 .1 .1 .1 .3 18.3 24.2 39.2 23.1
France 7.4 6.5 6.5 6.6 8.1 10.5 11.0 11.8 14.0 13.8 14.2 14.1 16.3 6.8 6.3 7.0 6.7
Germany 15.3 15.3 14.0 14.8 19.5 23.5 25.0 25.8 33.6 34.5 35.6 32.8 32.0 7.8 11.2 -5.1 6.4
Greece .1 .1 .1 .1 .1 .1 .2 .2 .2 .2 .3 .3 .3 5.3 10.5 9.1 7.2
Ireland 1.3 1.5 1.8 1.8 1.7 3.0 3.5 3.5 4.3 4.2 4.6 3.9 4.6 14.8 9.1 .3 10.8
Italy 3.9 3.8 4.2 4.3 5.7 7.0 7.5 7.8 9.2 9.3 8.9 7.1 8.2 10.2 4.6 -4.0 6.3
Japan 2.2 2.5 3.0 3.2 4.5 5.9 7.4 7.7 7.3 8.0 7.9 8.5 10.8 19.7 .9 17.1 14.3
Luxembourg .2 .2 .2 .2 .4 .5 .5 .5 .6 .6 .7 .6 .7 14.8 8.3 3.7 11.3
Netherlands 2.6 2.7 2.8 2.8 3.9 5.2 5.9 7.8 6.9 6.7 7.0 6.4 7.5 17.2 -3.4 3.7 9.4
New Zealand .3 .2 .3 .2 .3 .4 .3 .3 .2 .2 .2 .2 .4 1.0 -13.7 37.1 2.2
Norway .3 .2 .2 .2 .1 .1 .1 .1 .2 .1 .1 .2 .3 -10.3 .3 68.6 2.5
Spain 1.9 1.8 2.0 2.3 3.3 4.3 5.3 5.7 6.4 6.4 5.8 4.8 5.4 17.5 .3 -3.4 9.3
Sweden .6 .6 .6 .7 .8 .8 .9 1.0 1.0 1.1 .9 .8 .8 7.0 -4.2 -5.0 2.1
United Kingdom 17.3 14.9 15.1 15.8 19.1 23.0 29.0 27.4 30.5 28.4 23.7 21.8 25.7 6.8 -4.7 4.3 3.4
All other countries 22.8 19.5 19.2 19.0 19.9 22.4 26.5 30.6 32.6 32.7 38.1 42.0 44.8 4.3 7.5 8.5 5.8
Billions of chained (1993) dollars
All countries 123.6 120.9 127.6 130.7 131.3 138.2 148.8 160.1 158.5 151.5 148.0 153.2 166.1 3.8 -2.6 5.9 2.5
19 OECD countries 94.0 96.1 103.8 107.0 107.6 111.5 117.8 126.1 123.2 117.4 109.3 111.2 121.6 4.3 -4.6 5.5 2.2
Australia 5.3 4.8 4.9 4.9 4.4 4.6 5.1 6.5 5.8 4.7 4.7 4.9 5.2 2.9 -10.0 4.2 -.3
Austria .3 .4 .4 .5 .4 .3 .4 .6 .5 .5 .6 .6 .9 11.5 1.4 21.6 10.5
Belgium 3.2 3.9 4.2 4.3 4.4 4.1 4.5 4.7 4.4 4.4 4.5 4.6 5.3 5.6 -1.6 8.6 4.3
Canada 20.2 21.3 24.0 24.3 24.8 24.6 25.8 27.4 25.7 21.8 20.6 21.7 24.8 4.5 -9.0 9.6 1.7
Denmark .2 .2 .2 .2 .3 .3 .3 .3 .3 .3 .3 .3 .3 1.7 (*) 15.2 3.4
Finland (*) (*) (*) (*) (*) (*) (*) (*) .1 .1 .1 .1 .2 12.4 23.2 47.4 20.3
France 8.4 7.8 8.3 8.2 7.8 8.7 8.6 9.5 9.6 9.9 9.7 10.5 11.7 1.7 .7 10.1 2.8
Germany 20.1 20.8 20.6 22.0 21.4 21.1 21.7 23.3 25.5 26.3 24.9 24.1 23.0 2.1 2.3 -3.9 1.1
Greece .2 .2 .2 .2 .2 .2 .2 .3 .2 .3 .3 .3 .3 2.3 .9 9.5 3.1
Ireland 1.6 2.0 2.4 2.5 1.9 3.0 3.4 3.4 3.7 3.7 3.8 3.6 4.1 11.4 2.9 3.9 8.0
Italy 5.2 5.1 5.9 6.2 6.2 6.3 6.5 6.7 6.7 6.8 6.4 6.3 7.0 3.6 -1.5 4.7 2.5
Japan 2.4 2.6 3.2 3.4 3.5 4.1 4.6 5.0 4.9 4.9 4.6 4.4 5.2 10.9 -2.3 6.2 6.7
Luxembourg .2 .3 .3 .3 .4 .4 .4 .4 .5 .5 .5 .5 .5 9.8 3.2 6.1 7.5
Netherlands 2.9 3.1 3.6 3.6 3.9 4.5 4.8 6.5 5.1 5.1 5.1 5.0 5.7 12.6 -8.1 5.9 5.9
New Zealand .4 .3 .4 .4 .4 .4 .3 .3 .2 .2 .2 .3 .4 -1.9 -12.6 31.1 (*)
Norway .2 .2 .2 .2 .1 .1 .1 .1 .1 .1 .1 .1 .2 -12.8 -5.1 77.8 .3
Spain 2.3 2.6 2.9 3.3 3.7 4.2 4.7 5.0 4.6 4.6 4.0 4.1 4.7 11.5 -6.5 7.3 6.0
Sweden .7 .7 .7 .8 .7 .6 .7 .7 .7 .7 .5 .6 .6 1.2 -9.5 4.2 -1.2
United Kingdom 21.6 20.5 22.3 22.6 23.4 24.1 26.4 25.7 24.9 22.4 18.3 19.2 21.6 2.5 -10.6 8.5 (*)
All other countries 29.2 24.6 23.6 23.4 23.5 26.5 30.8 33.9 35.3 34.0 38.7 42.0 44.5 2.2 5.5 7.2 3.6
Residual -1.1 -.5 -.9 -.7 (*) -.1 -.6 -.2 -.2 .3 .1 0 (*)

* Less than $50 million or less than 0.05 percent.

NOTE.—Chained (1993) dollar series were derived by extrapolating the base-year (1993) PPP-exchange-rate-based current-dollar value of the corresponding series by a Fisher quantity index (see the text for details). Because the formula for the Fisher quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the total line and the sum of the most detailed lines.

Although the real estimates are denominated in dollars of 1993, the estimate for 1993 does not equal the current-dollar estimate for that year, because the two estimates are based on different exchange rates. As explained in the text, the current-dollar estimates are based on market exchange rates and the real estimates are based on purchasing-power-parity exchange rates.

OECD Organisation for Economic Co-Operation and Development