Volume 9 • 2022 • Number transnational corporations investment and development

Figure 3. Italian MNEs: share of foreign activities, by group of host economy 
and indicator, 2016 
(Percentage)
Source
: Authors’ calculations based on the 2016 CbCR micro-level data made available to the Department of Finance, Ministry of 
Economy and Finance, Italy. 
Note
: Country groups reflect the World Bank classification by income level. “Investment hubs” refer to economies with a share of inward 
FDI stock as a percentage of GDP greater than 150 per cent (see footnote 8). “Other” reflects economies for which classification by 
income level is not available, as well as unknown jurisdictions.
0
10
20
30
40
50
60
70
High-income countries
excluding Italy
Middle-income
countries
Low-income
countries
Investment hubs
Other
Total revenues
Unrelated-party revenues
Profits (losses) before tax
Positive profits before tax
Tangible assets
Number of employees

---

89
Analysing MNEs structure and activities using country-by-country reports.
Evidence from the Italian dataset
Table 3.
 Italian MNEs: distribution of activities,
 by domestic or foreign economy and indicator
, 2016 
(in millions of euros,
number and
percentage)
It
ali
an
 M
NE
s 
ac
tivi
ties
To
tal
 r
eve
nu
es
Re
la
te
d-
par
ty
 
reve
nu
es
Un
re
la
te