Investment Report 2022/2023: Resilience and renewal in Europe – Data Annex

The report provides a comprehensive overview of the developments and drivers of investment and investment finance in the European Union. [...] About the Economics Department of the EIB The mission of the EIB Economics Department is to provide economic analyses and studies to support the Bank in its operations and to help define its positioning, strategy and policy. [...] Representativeness of the general module The EIB Investment Survey is designed to be representative for the European Union, the United Kingdom and the United States at a country level and for most countries at a country-industry-group and country- size-class level.1 In an EIB working paper (Brutscher, Coali, Delanote and Harasztosi, 2020), we assessed the data quality of the EIBIS in three steps. [...] First, the assessment of the sampling frame (a comparison of the Bureau van Dijk Orbis dataset with the Eurostat Structural Business Statistics (SBS) for the European Union and the United Kingdom2 for the relevant sector/size classes) showed coverage ratios (number of firms in Orbis/number of firms in the SBS database) between 75% and 100% for the majority of countries. [...] The ratio is between 50% and 75% in a few countries, and in only four — Cyprus, Greece, Luxembourg and Poland — does the coverage ratio fall below 50%.3 The sampling frame must cover a high percentage of the population of interest for the EIBIS survey results to reflect what is happening in the non-financial corporate sector in the European Union.