Data released by Banco de Portugal reveals that, at the end of September 2023, the Foreign Direct Investment (FDI) position was 176.0 billion euros, indicating a 5.9 percent increase compared to the first nine months of the previous year.
The main immediate investing countries were the Netherlands (20.4 percent of the total FDI stock), Spain (19.7 percent), Luxembourg (16.8 percent), and France (7.6 percent). The United Kingdom was the primary non-EU country in terms of FDI stock, contributing 7.0 percent of the total. The European Union held 75.9 percent of the FDI stock in Portugal.
Regarding the origin of capital, the Netherlands represented 43.5 percent of the total FDI stock, followed by Spain (23.2 percent), Luxembourg (9.3 percent), and France (4.3 percent). Of the total FDI stock from the Netherlands, 43.5 percent originated from Portuguese companies.
In terms of the ultimate investor, Spain held 14.8 percent of the total FDI stock, followed by France (9.9 percent), the United Kingdom (7.9 percent), and China (6.7 percent).
In terms of activity sectors, Financial and Insurance Activities led with 20.2 percent of the total FDI stock.