The total stock of foreign investment in Australia is approximately A$2.6 trillion and the country continues to see steady growth both in foreign direct investment (FDI) and portfolio investment. As a percentage of GDP, the total value of foreign investment stock reached 165% during 2014.
Australia’s inward FDI stock reached A$630 billion in 2013, up 40 per cent from 2008 figures. The European Union (including the UK) and the USA remain the dominant sources of FDI, with totals of A$156 billion and A$150 billion respectively. Major Asian nations are fast-growing sources of FDI, with China's FDI stock recording a compound annual growth rate over the past five years of 42 per cent, followed by Singapore (19 per cent), South Korea (16 per cent) and Japan (12 per cent).
In Australia, the Australian Trade Commission (Austrade) is responsible for the promotion, attraction and facilitation of productive foreign direct investment into Australia. Services may include the provision of practical advice, market intelligence and introductions.