International investment position
From Wikipedia, the free encyclopedia
A country's international investment position (IIP) is a financial statement setting out the value and composition of that country's external financial assets and liabilities. The IIP is one component of the capital account of a country's balance of payments, containing for example stock of companies, real estate, financial instruments, and so on. By comparison, imports and exports of ggods and services are part of the current account.
The difference between a country's external financial assets and liabilities is the net international investment position (NIIP).
[edit] External links
- Grant's Online - Inflation, ho! (a primer on deflation) - May 23, 2003 (see "net international investment position of the United States")