Where does Australia invest?
Australian businesses are significant global investors, with the total value of outward investment from Australia passing $1.6 trillion at the end of 2013.
The United States and the United Kingdom are the two largest destinations for outwards investment at $472 billion and $256 billion respectively. Australian outwards investment to major Asian economies (China, India, Japan, Republic of Korea, Taiwan and all ASEAN members) has more than tripled from $61.3 billion in 2003 to $203.1 billion in 2013.
The Australian government is working to support Australian investors and their investments in other economies. This includes international efforts to promote a more predictable and transparent environment for investment and regulatory arrangements that are more conducive to the cross-border flow of investment.
|Rank||Country||$b||% of total|
|11||Hong Kong (SAR of China)||29.7||1.8|
|14||Papua New Guinea||20.0||1.2|
|18||Republic of Korea||12.5||0.8|
|5||Hong Kong (SAR of China)||1,352.4|
|14||British Virgin Islands||523.3|