In this regard, one should keep in mind that the geographical breakdown of FDI flows and stocks is clearly subject to some caveats, as a substantial share of FDI is channelled through offshore centres, which makes it sometimes difficult to establish their true geographical origin and destination.
Based on available data, it is worth noting that the stock of euro area FDI abroad is mostly held with mature economies: nearly 21% in the United States, 24% in the United Kingdom, 9% in Switzerland, and between 2.5% and 3% in Sweden, Canada and Japan.