(Results dynamically generated 7-4-09 23:31:14)
Financial Flows: Net Inflows (sales - purchases) of Cross-Border Mergers and Acquisitions
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Economics, Business, and the Environment — Financial Flows: Net Inflows (sales - purchases) of Cross-Border Mergers and Acquisitions
Units: Millions of US dollars ($US)

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Reverse years
  200420032002200120001999199819971996199519941993199219911990198919881987
Region/Classification
Asia (excluding Middle East) 10,5897,4713,1727,337-5,25023,08312,7553,369-8,522-3,731-942-566-3,259-11,976-13,265-6,629-13,931-5,075
Central America & Caribbean 5,440-5,0503,48815,8041,113-3,7354,4605,8106121,345-2051,6189125751,89651666-103
Europe 18,92914,671-14,503-109,588-226,736-159,757-126,159-26,996-18,938-7,434-17,591-1,353-1,213-3,087-24,912-25,294-15,416-19,865
Middle East & North Africa -4,3412,709-2,2627,339-521,9201,100-1,907-926-1,279-967-1,1288148-1,456-3541-27
North America -42,797-22,624-3,37971,670194,618102,77662,436-5,0819,981-4,79615,344-3,3031,07811,11830,47431,56134,06326,851
Oceania 7,589-3,5541,700-12,75313,0042,1417,9493,8667,51312,5161,6832,4912,0041,080589-753-5,908-1,565
South America 3,6624,6878,68512,76333,39335,15937,32519,40310,9723,1056,6411,0441,5152,6327,1902311,139196
Sub-Saharan Africa 1,6831,9672,0409,684-4,203-3,519-524864-545196-3,9711,213-1,179-3843391,010-24-398
Developed Countries -14,488-7,846-16,611-18,501-21,348-16,296-62,017-29,463-3,135-3,152-4,687-2,304-3,161-2,713-8,692-460-664924
Developing Countries 15,2478,12515,55220,75727,23514,36461,35928,7913,2823,0744,6792,3203,1002,7199,5471,067694-910
High Income Countries -29,730-14,087-34,115-60,165-43,251-48,907-53,894-41,245-11,903-10,363-4,725-4,922-3,379-3,578-7,500-384-1,11757
Low Income Countries 4,6194,8855,7513,1632872,2493,3971,1261,4921,09252792299173-431,154-182-71
Middle Income Countries 27,3769,28727,13357,36349,34643,28950,44039,31710,5098,9234,1594,8623,1483,4049,6292921,29159
 
 ISO200420032002200120001999199819971996199519941993199219911990198919881987
Country
Afghanistan {1}AFG........................-13..........
Albania {2}ALB12620..164......1................
AlgeriaDZA253....12742..............1........
AndorraAND-38......6..........................
Angola {3}AGO....019............................
Antigua and Barbuda {4}ATG4047..135..24......................
ArgentinaARG1821,7881,2035,0884,59818,0946,8503,4653,289-1151,2521,7311,1641216,2642760..
Armenia {5}ARM..2552....29173......................
Aruba {6}ABW715............23........3..........
AustraliaAUS4,636-4,8361,854-15,62810,8431,8586,5893,0483,81611,2151,3731,3391,7701,120-1,261-858-4,975-968
AustriaAUT-4,024371-1,8118,004-1,680-1,3913,2492,0178524535172484536-47112538
Azerbaijan {7}AZE..1,38752..36......1..................
BahamasBHS-806-771-16-55025-459-239-240-1402057989721011927..30
BahrainBHR..-423-646-27282-527-45-1,472....-300-806....-1,537-168....
BangladeshBGD60437........33....-12................
BarbadosBRB33441431-49..-2-156464....189........
Belarus {8}BLR52................................
BelgiumBEL-6,96516-24-10,054-9,01611,6274,6403,8925,440-2,901-2,0802,020-1335923,656496605899
BelizeBLZ52....493-318-1....-25-1-55............
BermudaBMU-303986-1,510-20,109-7,896-34,2279,4964,411574234-139-60-125-64813190..1,070
BoliviaBOL....76..19232180911273821........2615....
Bosnia and Herzegovina {9}BIH1100192545..........................
BotswanaBWA70............411..................
BrazilBRA-2,4842,2064,5954,22922,5847,44925,8599,7075,3691,381209185111113217..284196
British Virgin IslandsVGB-1,29123-234-439....4-38-635145-4..6143....-2
Brunei DarussalamBRN5..............-189-31..-200............
BulgariaBGR2,655383130115743366143768329020..........-8
Burkina Faso {10}BFA4..................................
CambodiaKHM10..........10..................
Cameroon {11}CMR......70........04................
CanadaCAN-14,411-10,8843,3272,93837,4335,379-19,186-10,3312,082-924-716-1,816399-4482,5921,410-5,6602,427
Cape Verde {12}CPV..........83........................
Cayman IslandsCYM-4-30-83-1,5313045-99-9938..-530-24411381703745..
Côte d'IvoireCIV........8....1941523................
Central African RepCAF..........1....-622..4............
ChadTCD0......21..........................
ChileCHL1,625562,0392,6982,4228,0391,004931-1,782-77598-5527433843426038..
ChinaCHN5,6432,1741,0261,8721,7772,294-4781,0571,45415440877-352122-52-202-17..
ColombiaCOL1,394353001511,3862001,3442,3592,128-231,238-33149341..764..
Congo {13}COG................1461................
Congo, Dem RepCOD................89..................
Cook Islands {14}COK........1..........................
Costa RicaCRI-6111229..21712252094171....364....
CroatiaHRV455818336331241,16114-394794452343..........
CubaCUB......9477..38300..299-8..............
CyprusCYP..14-3611-15-73..-1,881-41..................
Czech RepCZE1981,6155,1741,9671,1492,3892126103192,28732543......-6....
Czechoslovakia (former)............71133133164777477........
DenmarkDNK1,190-1,3402-1,7024,532-1,0392,552-926-17947398218-159-301-271-36155-16
Dominican RepDOM....0-846456428..460................
EcuadorECU848273706153214792760-1622..49..........
EgyptEGY1932,198..660315731481021711017159131....24..143
El SalvadorSLV2954170168-1..97841..40................
Equatorial Guinea {15}GNQ....993..............................
Eritrea {16}ERI..........27........................
EstoniaEST183..4712910913764828-22..............
Ethiopia {17}ETH..........36........................
FijiFJI-41............5..................
FinlandFIN5202,9572,903-7,083-13,296908-2,552-1,112-2661,255133293202-104-1,085-750-92-38
FranceFRA5,1388,719-3,743-44,745-133,692-64,822-14,042-3,402-1,181-1,4069,5731,901-3,238-7,758-13,644-14,256-2,468-1,818
French Polynesia {18}PYF..........0....2..................
GabonGAB65......22....39..........-229448......
Georgia {19}GEO..1....14013....................
GermanyDEU17,2555,4891,494-8,370188,319-45,975-47,681-1,334-6,060-11,013-3,140-2,1271,112-3,487-576834-557-565
GhanaGHA1,50955501..38-13752-458-311..............
GibraltarGIB920..2-28....9........1........
GreeceGRC1,382572-75587-3,692-96-1,418-1,91949150-6-7539354113-10022..
Greenland {20}GRL....0..............................
Grenada {21}GRD..............5....................
GuatemalaGTM175....12113101582-1826....29..33......
Guinea {22}GIN..1............5039................
Guyana {23}GUY..00....23..1..........717......
Haiti {24}HTI............2......................
Honduras {25}HND......537314..367......1....5........
Hong KongHKG9731,930-3,1977,351-9751,860-1,263-1,072355-596-6651,195411-7741,42253-603-1,985
HungaryHUN1361601,036407384195482921,5942,10413931939226722624....
IcelandISL-1,587-147-130-160-49......4......-71........
IndiaIND898-4141,428-1,158309918351232126248276-12432-15-11-22..
IndonesiaIDN7782,0292,5933,529-626921644-345313645174119218146-49150-16029
Iran, Islamic Rep {26}IRN77..18..............................
Iraq {27}IRQ9..................................
IrelandIRL-676-1,5161,2144,088-329541-2,467456-1,541-578-1,205996-277-108-135-439-343-31
Isle of Man0-3..3536..........................
IsraelISR-3,832-549-793,671-152,2499648435719792-3752323016134106..
ItalyITA5,78610,5973,366-2,0311,945-1,564-10,720-8341,138-5875,2872,938-1,4953,049-3,1491,0421,722-2,706
JamaicaJAM324..214525....34..12-426262-10..92......
JapanJPN5,0892,506-2,972-947-5,3175,9142,739336-3,941-3,402-308-1,013-4,162-11,699-13,900-5,913-13,485-3,129
JordanJOR-9990..20545........26................
KazakhstanKAZ42333711364....2,3373,216..................
KenyaKEN265-2..29115......25............15..-100
Korea, Dem People's RepPRK..090..-22........................
Korea, RepKOR5,2293,0955,2773,4734,7368,9653,786-1,544-1,095-1,199-499-72-72487-33-167....
KuwaitKWT-529-442-11458-32-119....-648-4..6..-112..-83..-170
Kyrgyzstan {28}KGZ351..............................
Lao People's Dem Rep {29}LAO85..266269..............10............
LatviaLVA..12..3934220116357233-18............
LebanonLBN-798....54..111100-3..-21............
Liberia {30}LBR..-37............-15..................
Libyan Arab Jamahiriya {31}LBY-50-430..-45....-3......-5..-309..........
LiechtensteinLIE..-159......-89-142..-10-62......-160......
LithuaniaLTU97135..19317342663212....9..............
LuxembourgLUX-487345-732-1,857-1,8304,513-8562,519-531230136-1,301-415-941-203..-75-8
MacauMAC....109....-450..............29........
Macedonia, FYRMKD40-113283445....-2..................
Madagascar {32}MDG..5......4..058..................
Malawi {33}MWI....614....10..60..................
MalaysiaMYS-178-3,601-44574-320-21137-543-8,867-1,024-368-257-103-22-5867420..
Mali {34}MLI13..2..132......118................
MaltaMLT37934134-43..24630......-7............
Marshall Islands {35}MHL6................16................
Mauritania {36}MRT147....48............................
MauritiusMUS-332-4026261-7-7-24-4..................
MexicoMEX4,430-4,1272,47316,654-266-1,3572,3284,774561523-2771,5557471,646-442541
Micronesia, Fed States {37}FSM....0..............................
Moldova, Rep {38}MDA1619....27....2....................
MonacoMCO198305..-79-299276..752..8-4..-113-35..21669..
Mongolia {39}MNG370....1........1..............
MoroccoMAR251,624472,138..113557833..7929............
Mozambique {40}MOZ..88..10..113..111440..............
Myanmar {41}MMR..4170........260..9..10............
NamibiaNAM267..........3-11......036........
Nauru {42}NRU......................-28............
Nepal {43}NPL..................13..2............
NetherlandsNLD4,190674-3,911-3,532-18,774-9,899-4,921579-8,610-3,204-5,9261,9314,058-761-4,135673-1,168-1,460
Netherlands AntillesANT-333-62430189-2-30886-7-71922-33-110-280517-8-132
New CaledoniaNCL1..................................
New ZealandNZL2,9391,199-1492,8752,4841771,3195613,6591,2552731,178234-681,850105-933-597
Nicaragua {44}NIC206..538311511..4223..................
NigeriaNGA10....-5151812....-2..........1,000....
NorwayNOR-1,4765,276-4,6611,5713,2377,321121,449-1,758-1,005-2461,745217-458-712474221-43
OmanOMN20-125-6....28-55-87....15..78........
PakistanPAK384..159103..62,259801,124....522..1......
PanamaPAN759-120250-25125-2,064117563-39736........15..
Papua New GuineaPNG11820..-328106412573139362..28........
ParaguayPRY......6765..11227..................
PeruPER692156402527456411158676078833,0756217415........
PhilippinesPHL6292305411,8092911,1931,9044,1032721,05478611140449151614525
PolandPOL1,0592733,0733,1689,1983,5751,3247639719753461891,39661..4....
PortugalPRT-1,8721,625-350-259323-1,223-4,095-526697-186-8034216613195754119
Puerto RicoPRI882-7118108496............142..........
QatarQAT-192-150..-2......-42....12..43........
RomaniaROU2,200492105565364471,28439194229181..............
Russian FederationRUS3,113-8846461,668533128-1542,679-148100-18230315..59......
Rwanda {45}RWA10....2..2........................
Saint Kitts and Nevis {46}KNA................78..................
Samoa {47}WSM....-5..............................
Saudi ArabiaSAU-78-473-2,020-39-1,548-3-217-334-324-1,663-630-182-76....2....
Senegal {48}SEN........666..107....................
Serbia and Montenegro {49}YUG38..................................
Seychelles {50}SYC..-7................................
Sierra Leone {51}SLE2....13........0....34............
SingaporeSGP-10,448-3,252-2,390-11,646-7,315-1,762-62-2,594-1,425346-819-488-18-333705-65025314
SlovakiaSVK2001603,3471,1031,825-38354379628221............
SloveniaSVN110-141,439367-1010..1333018410............
Solomon Islands {52}SLB....................1..............
South AfricaZAF-3859959869,322-5,222-3,813-583-103-41647-4,0091,154-1,225-191-146-5-24-298
SpainESP-25,349-4282,627-2,540-17,195-19,611-9,331-3,964-1,995797-2139143,6862,600-255275140727
Sri LankaLKA..760..2147027535126830....1......
St. Lucia {53}LCA6..................................
Sudan {54}SDN13676825..................8..........
SurinameSUR......3..................-2........
Swaziland {55}SWZ33....5......387............37......
SwedenSWE5,010-107-4,617-1,592-8,44749,762-4,859-4,2981,8054,0192,898-79642-405-8,083-795-2,912-769
SwitzerlandCHE-7882,977-5,718-6,384-29,894-16,578-33,771-7,029-5,591-6,144-9,793-2,162-4,390-46166-1,805-7,17740
Syrian Arab Rep {56}SYR7..0....3........................
TaiwanTWN-3121694062,332-4941,429-60516846-81-1416-129..-1,374-45538-29
Tajikistan {57}TJK....4..............................
TanzaniaTZA..21120412..2311721221............
ThailandTHA1,051-1221602572,5641,8573,16657954187744962052-269....
Trinidad and TobagoTTO188740..-5..-5205....22-22417..-24....
TunisiaTUN3..18645301-12402....-11................
TurkeyTUR242753891,019134-206710114169373511691135659..
UgandaUGA-250..20..32..112955..................
UkraineUKR41191..11421136-2313066................
United Arab EmiratesARE-27-36-1732-455-7754-153..-257....-1-48..-124..
United KingdomGBR10,800-25,556-16,262-43,205-202,393-81,575-4,018-18,665-4,8396,751-14,868-10,212-4,2184,5193,228-11,715-4,422-14,086
United StatesUSA-28,083-12,726-5,19688,841165,081131,62472,1268397,325-4,10616,199-1,42780411,63027,06929,96139,72323,354
UruguayURY609..3626..11....16-805-8....18....
Uzbekistan {58}UZB19921112..4....4....9............
VanuatuVUT........4........-9................
VenezuelaVEN1,345164..-422,0952671,8721,1331,001235327-384-801,991-109-89-7..
Viet NamVNM7414..41959..36-511..-6..........
Virgin IslandsVIR........-205-27........................
YemenYEM..........-37........................
Yugoslavia (former)80840..2......45..0....8862........
ZambiaZMB48....539011501731218................
ZimbabweZWE7..-3-305524-16231-15..38..........

  View Source Notes   View General Notes

Footnotes
1 - Afghanistan
   Data are for cross-border purchases only; sales are equal to zero, or sales data are unavailable.
2 - Albania
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
3 - Angola
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
4 - Antigua and Barbuda
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
5 - Armenia
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
6 - Aruba
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
7 - Azerbaijan
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
8 - Belarus
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
9 - Bosnia and Herzegovina
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
10 - Burkina Faso
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
11 - Cameroon
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
12 - Cape Verde
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
13 - Congo
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
14 - Cook Islands
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
15 - Equatorial Guinea
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
16 - Eritrea
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
17 - Ethiopia
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
18 - French Polynesia
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
19 - Georgia
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
20 - Greenland
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
21 - Grenada
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
22 - Guinea
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
23 - Guyana
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
24 - Haiti
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
25 - Honduras
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
26 - Iran, Islamic Rep
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
27 - Iraq
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
28 - Kyrgyzstan
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
29 - Lao People's Dem Rep
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
30 - Liberia
   Data are for cross-border purchases only; sales are equal to zero, or sales data are unavailable.
31 - Libyan Arab Jamahiriya
   Data are for cross-border purchases only; sales are equal to zero, or sales data are unavailable.
32 - Madagascar
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
33 - Malawi
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
34 - Mali
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
35 - Marshall Islands
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
36 - Mauritania
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
37 - Micronesia, Fed States
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
38 - Moldova, Rep
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
39 - Mongolia
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
40 - Mozambique
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
41 - Myanmar
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
42 - Nauru
   Data are for cross-border purchases only; sales are equal to zero, or sales data are unavailable.
43 - Nepal
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
44 - Nicaragua
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
45 - Rwanda
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
46 - Saint Kitts and Nevis
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
47 - Samoa
   Data are for cross-border purchases only; sales are equal to zero, or sales data are unavailable.
48 - Senegal
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
49 - Serbia and Montenegro
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
50 - Seychelles
   Data are for cross-border purchases only; sales are equal to zero, or sales data are unavailable.
51 - Sierra Leone
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
52 - Solomon Islands
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
53 - St. Lucia
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
54 - Sudan
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
55 - Swaziland
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
56 - Syrian Arab Rep
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
57 - Tajikistan
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.
58 - Uzbekistan
   Data are for cross-border sales only; purchases are equal to zero, or purchase data are unavailable.

Source
United Nations Conference on Trade and Development (UNCTAD). 2005. World Investment Report 2005: Transnational Corporations and the Internationalization of R&D. Annex Table "B.4. Cross-border M&As, by region/economy of seller/purchaser, 2002-2004.” New York and Geneva: UNCTAD.
Available on-line at http://www.unctad.org/en/docs/wir2005_en.pdf.

Full data set available in tables “7.2. Cross-border M&A sales, by region/economy of seller, 1987-2004” and “8.2. Cross-border M&A purchases, by region/economy of purchaser, 1987-2004.”
Available on-line at http://www.unctad.org/Templates/Page.asp?intItemID=3277<=1.

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