Abstract
E-.commerce is one of contemporary variables which appear in Economic life; It'sdirectly effect in capital flow. The electronic trade off lead to facility of all kind of capitalflow alike of foreign direct investment and foreign portfolio investment or others.The competitive among south east to attract foreign capital flow becomes reality, thiscountry introduce a lot of guarantee and privilege, in front of this evolution, the study try todiscover the effect of E. commerce on the capital flow besides of the another variablessuch as GDP , exchange rate , inflation, foreign trade since 1970-2002.