In 2017, foreign-controlled enterprises accounted for 1.3% of the enterprises in the European Union (EU), generating 26.0% of value added. Between 2010 and 2017, the share of value-added from foreign-controlled enterprises in the EU rose by 4.5 percentage points (pp), while it was 1.6 pp higher than in 2016.
Share of value-added generated by foreign-controlled enterprises highest in Ireland, lowest in Cyprus
The share of value-added generated by foreign-controlled enterprises varied across EU Member States in 2017. The highest share was recorded in Ireland (62.8%), followed by Hungary (50.0%), Slovakia (48.1%), Romania (44.2%), Luxemburg (43.7%) and Czechia (42.9%).
By contrast, Cyprus recorded Europe’s lowest share of value-added generated by foreign-controlled businesses at 13.2%, followed by Italy (15.9%), Greece (16.5%) and France (17.2%).
Source dataset: fats_g1a_08
Ireland reports highest increase in share of value-added generated by foreign-controlled enterprises; greatest decline in value-added seen in Hungary
Compared with 2016, the largest increases in the share of value-added by foreign-controlled enterprises were recorded in Ireland (+19.8 pp), Malta (+9.6 pp), Croatia (+5.5 pp) and Germany (+2.2 pp). The sharpest declines were observed in Hungary (-1.4 pp), Luxemburg (-0.9 pp), Belgium (-0.8 pp), Bulgaria (-0.7 pp), Austria (-0.5 pp) and Czechia (-0.4 pp).
For more information about statistics on foreign-controlled enterprises take a look at the Eurostat web-page on foreign affiliates.
Note: The European Union (EU) includes 27 EU Member States. The United Kingdom left the European Union on 31 January 2020. Further information is published here.
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