|Flows - Abroad||8,146||-14,858|
|Flows - In Ireland||-13,630||72,447|
|Positions - Abroad - end year||845,336||966,641|
|Positions - In Ireland - end year||915,849||1,025,789|
|Positions - Net - end year||-70,513||-59,148|
|Net Income Flows||-58,115||-71,075|
Irish stocks of direct investment abroad increased to €967bn at the end of 2019 from a stock position of €845bn at the end of 2018.
The Q4 2019 stock of direct investment abroad comprised of Equity Capital & Reinvested Earnings of €963bn and Other Capital of €3bn. The decrease in Other Capital positions (€95bn) was offset by an increase in Equity Capital & Reinvested Earnings (€216bn). The decrease in Other Capital positions was mostly attributable to European investment with Luxembourg and Netherlands down €30bn and €38bn respectively. The increase in Equity Capital and Reinvested Earnings positions was attributed to corresponding increases in investment from Luxembourg, Netherlands as well as the United States of €121bn, €25bn and €31bn respectively. These fluctuations in Irish investment abroad were predominantly caused by the Redomiciled PLCs. For the data breakdowns, see Table 3.
The stock of direct investment in Ireland increased between the end of 2018 and end of 2019 - from €916bn to €1,026bn. Investment from Luxembourg and the United States decrease by €106bn and €74bn respectively. These decreases were offset by investment from Netherlands, Switzerland, Asia and Central America of €103bn, €18bn, €18bn and €154bn respectively - Table 4.
Ireland had a net foreign liability of €59bn at the end of 2019, a decrease of €12bn from the net foreign liability of €71bn at the end 2018.