Table 16: Japan's Foreign Direct Investment
by Country, FY 1995-FY 1999*

(in millions of dollars; notification basis)

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FY 1995

FY 1996

FY 1997

FY 1998

FY 1999

Total March 31, 2000

United States

$22,651

$22,007

$21,065

$10,316

$22,295

$292,763

Canada

569

1,016

629

627

2,474

13,576

aaa North America

23,221

23,023

21,694

10,994

24,770

306,342

United Kingdom

3,455

3,438

4,177

9,781

11,718

65,949

Netherlands

1,492

1,099

3,342

2,117

10,360

37,857

France

1,619

502

1,760

520

1,127

11,920

Germany

550

571

742

553

649

11,126

Luxembourg

107

416

29

34

38

6,624

Spain

51

318

236

122

518

4,213

Belgium

366

89

89

164

126

4,049

Ireland

356

398

574

361

460

3,790

Switzerland

106

18

21

0

211

3,562

Italy

123

109

141

109

47

2,327

aaa Europe

8,587

7,373

11,364

14,010

25,804

157,005

Indonesia

1,605

2,415

2,550

1,076

918

25,545

China

4,478

2,511

2,015

1,065

751

19,549

Hong Kong

1,147

1,487

705

601

971

18,792

Singapore

1,185

1,115

1,850

637

962

15,284

Thailand

1,240

1,404

1,894

1,371

816

13,909

Malaysia

575

572

803

514

525

9,346

South Korea

449

415

449

302

980

7,552

Taiwan

455

521

456

224

285

5,627

Philippines

718

559

531

379

617

5,621

aaa Asia

12,361

11,615

12,355

6,527

7,162

126,236

Panama

1,674

1,009

1,135

1,040

1,413

28,055

Caymans

666

1,041

2,575

4,495

2,242

20,268

Brazil

298

882

1,119

466

654

12,348

Mexico

209

114

325

83

1,484

5,008

Bermuda

444

507

198

16

145

4,867

aaa Latin America

3,879

4,446

6,426

6,463

7,437

83,799

Australia

2,656

756

1,693

1,387

857

31,281

aaa Oceania

2,816

898

2,087

2,213

894

36,158

Liberia

309

186

163

386

217

7,875

aaa Africa

381

431

336

444

515

9,805

Neutral Zone

96

102

107

117

87

2,189

aaa Middle East

153

238

478

146

113

5,865

Total

51,398

48,024

54,739

40,747

66,694

725,208

*Beginning with FY 1995, the flow and stock figures are not comparable to those for earlier years since the data were published in yen rather than dollars as previously and no cumulative numbers were released. The yen figures were converted into dollars at the following average exchange rates: FY 1995, ¥96.44; FY 1996, ¥112.64; FY 1997, ¥120.99; FY 1998, ¥128.03; and FY 1999, ¥111.54. The resulting numbers then were added to the dollar-based stock figures for FY 1994.

Source: Ministry of Finance

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