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Nigerian Capital Importation

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Nigerian Capital Importation NATIONAL BUREAU OF STATISTICS Nigerian Capital Importation (Q4 & FULL YEAR 2019) Report Date: March 2020 CONTENTS Summary 1 Capital Importation by Type of Investment ($ million) 2 Q1 2017 to Q4 2019 6 Capital Importation by Sector - Q4 10 Capital Importation by Sector - Full Year 12 Capital Importation by Destination - Q4 14 Capital Importation by Destination - Full Year 16 Capital Importation by Bank - Q4 18 Capital Importation by Bank - Full Year 19 Capital Importation by Country of Origin - Q4 20 Capital Importation by Country of Origin - Full Year 21 Appendix - Tables 23 Methodology 32 Acknowledgment and Contact 33 EXECUTIVE SUMMARY The total value of capital importation into Nigeria stood at $3,802.38 million in the fourth quarter of 2019. This represents a decline of 32.42% when compared to the 3rd Quarter of 2019, and a 77.67% increase when compared to the 4th quarter of 2018. Similarly, the total value of capital importation in 2019 stood at $23,990.05 million, compared to $16,812.47 million in 2018, representing a growth of 42.69% between the two periods. The largest amount of capital importation by type was received through Foreign Portfolio Investment (FPI), followed by Other Investment and Foreign Direct Investment(FDI). By sector, Shares dominated with the highest amount of capital imported in Q4 2019. The United Kingdom emerged as the Country of origin with the highest amount of Capital Imported while Lagos is the destination with the highest amount of Capital Importation. By Bank, Stanbic IBTC Bank Plc emerged as the bank with the highest amount of capital imported into Nigeria in Q4 and full year 2019. Note: *Q1,Q2,Q3 2019 has been revised 1 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment ($ million) Q4 FOREIGN DIRECT INVESTMENT 2019 Foreign Direct Investment Equity Other Capital $257.25 $249.55 $7.70 QoQ = 24.53% QoQ = 23.00% QoQ = 108.06% YoY = 64.82% YoY = 59.89% QoQ = ----- PORTFOLIO INVESTMENT Portfolio Money market Investment Equity Bonds instruments $1,883.58 $353.65 $47.36 $1,482.57 QoQ = (37.77)% QoQ = (8.31)% QoQ = (48.30)% QoQ = (41.85)% YoY = 35.06% YoY = 62.03% YoY = (75.50)% YoY = 50.81% Note: *Q1,Q2,Q3 2019 has been revised 2 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment ($ million) Q4 OTHER INVESTMENT 2019 Other Investment Trade credits Loans Currency deposits Other claims $1,661.55 ----- $1,480.94 $2.96 $177.65 QoQ = (30.57)% QoQ = ----- QoQ = (16.56)% QoQ = ----- QoQ = (71.27)% YoY = 181.94% YoY = (100.00)% YoY = 159.14% YoY = 186.30% YoY = 998.12% ($ million) TOTAL $3,802.38 QoQ = (32.42)% YoY = 77.67% Note: *Q1,Q2,Q3 2019 has been revised 3 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment ($ million) FOREIGN DIRECT INVESTMENT FULL YEAR Foreign Direct Investment Equity Other Capital $934.34 $922.24 $12.10 YoY = (0.22)% YoY = (0.22)% YoY = 1.15% PORTFOLIO INVESTMENT Portfolio Money market Investment Equity Bonds instruments $16,365.46 $1,893.19 $1,022.39 $13,449.88 YoY = 0.39% YoY = (0.20)% YoY = 0.06% YoY = 0.59% Note: *Q1,Q2,Q3 2019 has been revised 4 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment ($ million) OTHER INVESTMENT FULL YEAR Other Investment Trade credits Loans Currency deposits Other claims $6,690.25 $0.11 $5,078.78 $2.96 $1,608.40 YoY = 0.75% YoY = (0.98)% YoY = 0.44% YoY = 1.86% YoY = 4.65% ($ million) TOTAL $23,990.05 YoY = 0.43% Note: *Q1,Q2,Q3 2019 has been revised 5 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment Q1 2017 TO Q4 2019 2017 Q1 Q2 Q3 Q4 TOTAL FOREIGN DIRECT INVESTMENT $211.38 $274.37 $117.60 $378.41 $981.75 Equity $210.1 $274.07 $117.47 $377.8 $979.44 Other Capital $1.28 $0.30 $0.13 $0.61 $2.32 PORTFOLIO INVESTMENT $313.61 $770.51 $2,767.42 $3,477.53 $7,329.06 Equity $101.99 $614.05 $1,932.07 $989.2 $3,637.31 Bonds ----- $57.87 $115.43 $309.54 $482.84 Money Market Instruments $211.61 $98.59 $719.91 $2,178.79 $3,208.90 OTHER INVESTMENT $383.28 $747.47 $1,260.08 $1,526.92 $3,917.75 Trade Credits ----- ----- ----- $10.00 $10.00 Loans $369.28 $747.47 $956.69 $1,091.20 $3,164.63 Currency Deposits $3 ----- $0.52 $0 $3.52 other Claims $11 ----- $302.88 $425.72 $739.60 TOTAL $908.27 $1,792.34 $4,145.10 $5,382.86 $12,228.57 Note: *Q1,Q2,Q3 2019 has been revised 6 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment Q1 2017 TO Q4 2019 2018 Q1 Q2 Q3 Q4 TOTAL FOREIGN DIRECT INVESTMENT $246.62 $261.35 $530.63 $156.08 $1,194.67 Equity $246.61 $255.71 $530.63 $156.08 $1,189.03 Other Capital $0.005 $5.63 ----- ----- $5.64 PORTFOLIO INVESTMENT $4,565.09 $4,119.46 $1,723.05 $1,394.68 $11,802.27 Equity $701.61 $1,048.39 $394.47 $218.27 $2,362.73 Bonds $335.88 $400.14 $37.48 $193.33 $966.82 Money Market Instruments $3,527.60 $2,670.93 $1,291.10 $983.08 $8,472.72 OTHER INVESTMENT $1,491.93 $1,132.75 $601.53 $589.32 $3,815.53 Trade Credits ----- ----- $6.29 $0.63 $6.92 Loans $1,268.44 $1,121.66 $561.24 $571.48 $3,522.83 Currency Deposits ----- ----- ----- $1.03 $1.03 other Claims $223.49 $11.08 $34.00 $16.18 $284.75 TOTAL $6,303.63 $5,513.55 $2,855.21 $2,140.08 $16,812.47 Note: *Q1,Q2,Q3 2019 has been revised 7 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment Q1 2017 TO Q4 2019 2019 Q1 Q2 Q3 Q4 TOTAL FOREIGN DIRECT INVESTMENT $247.37 $223.14 $206.58 $257.25 $934.34 Equity $246.67 $223.14 $202.88 $249.55 $922.24 Other Capital $0.70 ----- $3.70 $7.70 $12.10 PORTFOLIO INVESTMENT $7,106.16 $4,348.67 $3,027.05 $1,883.58 $16,365.46 Equity $656.23 $497.62 $385.69 $353.65 $1,893.19 Bonds $567.15 $316.28 $91.60 $47.36 $1,022.39 Money Market Instruments $5,882.78 $3,534.77 $2,549.76 $1,482.57 $13,449.88 OTHER INVESTMENT $1,154.95 $1,480.50 $2,393.25 $1,661.55 $6,690.25 Trade Credits ----- $0.11 ----- ----- $0.11 Loans $755.94 $1,067.02 $1,774.88 $1,480.94 $5,078.78 Currency Deposits ----- ----- ----- $2.96 $2.96 other Claims $399.01 $413.37 $618.37 $177.65 $1,608.40 TOTAL $8,508.48 $6,052.31 $5,626.88 $3,802.38 $23,990.05 Note: *Q1,Q2,Q3 2019 has been revised 8 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Type of Investment GROWTH (%) QonQ YonY YonY (Q4 2018 (Q3 on Q4 2019) (2018 on 2019) on Q4 2019) FOREIGN DIRECT INVESTMENT 24.53% 64.82% (21.79)% Equity 23.00% 59.89% (22.44)% Other Capital 108.06% ----- 114.57% PORTFOLIO INVESTMENT (37.77)% 35.06% 38.66% Equity (8.31)% 62.03% (19.87)% Bonds (48.30)% (75.50)% 5.75% Money Market Instruments (41.85)% 50.81% 58.74% OTHER INVESTMENT (30.57)% 181.94% 75.34% Trade Credits ----- (100.00)% (98.41)% Loans (16.56)% 159.14% 44.17% Currency Deposits ----- 186.30% 186.30% other Claims (71.27)% 998.12% 464.85% TOTAL (32.42)% 77.67% 42.69% Note: *Q1,Q2,Q3 2019 has been revised 9 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Sector - Q4 ($ million) Shares I T Services Brewering $1,037.37 $48.17 $3.97 Servicing Oil And Gas Hotels $1.20 $20.62 ----- Banking Electrical Drilling $825.05 $2.59 $0.07 Production Transport Fishing $538.39 $13.87 ----- Financing Construction Marketing $1,013.33 $1.02 $11.57 Agriculture Telecomms Tanning $99.44 $21.17 $0 Trading Consultancy Weaving $163.83 $0.72 ----- TOTAL $3,802.38 Note: *Q1,Q2,Q3 2019 has been revised 10 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Sector - Q4 (Share of Q4 2019) Shares I T Services Brewering 27.28% 1.27% 0.10% Servicing Oil And Gas Hotels 0.03% 0.54% 0.00% Banking Electrical Drilling 21.70% 0.07% 0.00% Production Transport Fishing 14.16% 0.36% 0.00% Financing Construction Marketing 26.65% 0.03% 0.30% Agriculture Telecomms Tanning 2.62% 0.56% 0.00% Trading Consultancy Weaving 4.31% 0.02% 0.00% TOTAL 100.00% Note: *Q1,Q2,Q3 2019 has been revised 11 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Sector - Full Year ($ million) Shares I T Services Brewering $5,335.30 $74.74 $30.16 Servicing Oil And Gas Hotels $915.51 $216.23 $27.80 Banking Electrical Drilling $7,658.49 $48.79 $0.07 Production Transport Fishing $1,297.32 $24.59 $64.77 Financing Construction Marketing $6,281.21 $26.31 $15.25 Agriculture Telecomms Tanning $489.91 $944.05 $0.48 Trading Consultancy Weaving $534.52 $4.55 ----- TOTAL $23,990.05 Note: *Q1,Q2,Q3 2019 has been revised 12 Nigerian Capital Importation - Q4 & Full Year 2019 NIGERIAN CAPITAL IMPORTATION – Q4 & FULL YEAR 2019 Capital Importation by Sector - Full Year (Share of 2019) Shares I T Services Brewering 22.24% 0.31% 0.13% Servicing Oil And Gas Hotels 3.82% 0.90% 0.12% Banking Electrical Drilling 31.92% 0.20% 0.00% Production Transport Fishing 5.41% 0.10% 0.27% Financing Construction Marketing 26.18% 0.11% 0.06% Agriculture Telecomms Tanning 2.04% 3.94% 0.00% Trading Consultancy Weaving 2.23% 0.02% 0.00% TOTAL 100.00% Note: *Q1,Q2,Q3 2019 has been revised 13 Nigerian Capital Importation - Q4 & Full Year
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