Definition: Foreign Affiliates Trade in Services (FATS)
Foreign AffiliaTes Stat. (FATS)
Foreign Affiliates Trade in Services (FATS) statistics measure the commercial presence abroad of service suppliers through affiliates in foreign markets, and therefore are closely related to statistics on foreign direct investment.
Data on the activities of majority-owned foreign affiliates in the compiling economy are usually referred to as inward FATS, and those relating to majority-owned foreign affiliates of the compiling economy that are established abroad are referred to as outward FATS.
FATS statistics cover a range of variables that comprise some, or all, of the following: sales (turnover) and/or output, employment, value added, exports and imports of goods and services, number of enterprises, etc.
Lindner, A., et al. (2001), "Trade in Goods and Services: Statistical Trends and Measurement Challenges", OECD Statistics Brief, No 1, October, OECD, Paris