|Flows - Abroad||-1,813||616|
|Flows - In Ireland||46,770||-23,786|
|Positions - Abroad - end year||822,832||823,501|
|Positions - In Ireland - end year||882,171||873,742|
|Positions - Net - end year||-59,339||-50,241|
|Net Income Flows||-51,810||-59,277|
Irish stocks of direct investment abroad increased marginally to €824bn at the end of 2018 from a stock position of €823bn at the end of 2017. The end 2018 stock of direct investment abroad comprised of Equity Capital & Reinvested Earnings of €725bn and Other Capital of €98bn - see Table 3. The marginal increase in stock of direct investment abroad mainly resulted from increased investment stock in Luxembourg (+€47bn) and offshore centres (+€36bn) which was offset by a decrease in investment stock in Netherlands (-€82bn).
The stock of direct investment in Ireland decreased between the end of 2017 and the end of 2018 - from €882bn to €874bn. This decrease was largely due to decreases in Irish investment stock held by Netherlands (-€106bn), Luxembourg (-€58bn), UK (-€5bn) and Switzerland (-€3bn) which were offset by increases in investment stock held by US (+€94bn) and offshore centres (+€77bn) - see Table 4.
Ireland had a net foreign liability of €50bn at the end of 2018, a decrease of €9bn from a net foreign liability of €59bn at the end of 2017.