Net international investment position
The difference between a country's external financial assets and its liabilities (also referred to as external debt) is the net international investment position (NIIP).[1] Both public and private held external assets and liabilities by legal residents of the respective country are hereby taken into account. [2]
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.
International Investment Position = domestically owned foreign assets - foreign owned domestic assets.
List of countries by net international investment position (NIIP)
Country |
Date |
GDP |
Date |
NIIP |
NIIP in % GDP |
Hong Kong |
2009 |
- |
2009 |
- |
+353.1[3] |
Singapore |
2010 |
303.652 bil. S$[4] |
2010 |
+680.877 bil. S$[5] |
+224.2 |
Republic of China |
2010 |
430.580 bil. $[6] |
2010 |
+659.915 bil. $[7] |
+153.3 |
Switzerland |
2010 |
546.245 bil. CHF[8] |
2010 |
+743.704 bil. CHF[9] |
+136.1[10] |
Luxembourg |
2008 |
39.640 bil. €[11] |
2008 |
+33.524 bil. €[12] |
+84.6 |
Norway |
2009 |
2,381.000 bil. kr[13] |
2009 |
+1,889.000 bil. kr[14] |
+79.3 |
Japan |
2009 |
470,936.600 bil. ¥[15] |
2009 |
+266,223.000 bil. ¥[3] |
+56.1[3] |
Belgium |
2009 |
338.960 bil. €[16] |
2009 |
+151.000 bil. €[17] |
+45.0 |
Germany |
2009 |
2,397.100 bil. €[18] |
2009 |
+895.000 bil. €[19] |
+37.3[3] |
People's Republic of China |
2009 |
- |
2009 |
- |
+37.1[3] |
Netherlands |
2010 |
590.321 bil. €[20] |
2010 |
+173.147 bil. €[21] |
+29.3 |
Russia |
2008 |
- |
2008 |
- |
+17.9[3] |
Malta |
2009 |
5.851 bil. €[22] |
2009 |
+0.793 bil. €[23] |
+13.6 |
Finland |
2010 |
180.295 bil. €[24] |
2010 |
+15.721 bil. €[25] |
+8.7 |
Denmark |
2009 |
1,659.700 bil. kr[26] |
2009 |
+99.800 bil. kr[27] |
+6.0[28] |
Israel |
2010 |
213.147 bil. $[29] |
2010 |
+0.922 bil. $[30] |
+0.04 |
Austria |
2010 |
284.002 bil. €[31] |
2010 |
-1.600 bil. €[32] |
-0.5 |
Chile |
2010 |
203.323 bil. $[33] |
2010 |
-10.025 bil. $[34] |
-4.9 |
Canada |
2009 |
- |
2009 |
- |
-7.8[3] |
Philippines |
2009 |
161.196 bil. $[35] |
2009 |
-16.462 bil. $[36] |
-10.2 |
India |
2010 |
1,537.966 bil. $[37] |
2010 |
-158.367 bil. $[38] |
-10.3 |
France |
2009 |
1,907.246 bil. €[39] |
2009 |
-208.300 bil. €[40] |
-10.9[41] |
Eurozone |
2009 |
11,000 bil. € |
2009 |
-1250 bil. € |
-11.4 |
United Kingdom |
2009 |
1,394.989 bil. £[42] |
2009 |
-182.600 bil. £[43] |
-13.1[3] |
United States |
2009 |
14,119.050 bil. $[44] |
2009 |
-2,396.400 bil. $[45] |
-17.0 |
South Korea |
2009 |
832.512 bil. $[46] |
2009 |
-148.000 bil. $[47] |
-17.8 |
Sweden |
2010 |
3,285.539 bil. kr[48] |
2010 |
-729.000 bil. kr[49] |
-22.2[50] |
Italy |
2010 |
1,548.816 bil. €[51] |
2010 |
-376.700 bil. €[52] |
-24.3[53] |
Slovenia |
2010 |
36.061 bil. €[54] |
2010 |
-12.655 bil. €[55] |
-35.1 |
Mexico |
2010 |
1,039.121 bil. $[56] |
2010 |
-379.249 bil. $[57] |
-36.5 |
Brazil |
2009 |
1,600.841 bil. $[58] |
2009 |
-600.795 bil. $[59] |
-37.5 |
Kazakhstan |
2009 |
113.620 bil. $[60] |
2009 |
-43.314 bil. $[61] |
-38.1 |
Turkey |
2009 |
614.466 bil. $[62] |
2009 |
-275.687 bil. $[63] |
-44.9 |
Australia |
2009 |
317.9 bil AUD [64] |
2009 |
- |
-61.0[3] |
Poland |
2010 |
1,412.784 bil. zł[65] |
2010 |
-890.652 bil. zł[66] |
-63.0 |
Slovakia |
2010 |
65.906 bil. €[67] |
2010 |
-43.763 bil. €[68] |
-66.4 |
Estonia |
2010 |
14.500 bil. €[69] |
2010 |
-10.416 bil. €[70] |
-71.8 |
Greece |
2009 |
237.494 bil. €[71] |
2009 |
-197.306 bil. €[72] |
-83.1[73] |
New Zealand |
2009 |
185.850 bil. NZ$[74] |
2009 |
-167.517 bil. NZ$[75] |
-90.1 |
Spain |
2010 |
1,062.591 bil. €[76] |
2010 |
-925.600 bil. €[77] |
-87.1[78] |
Ireland |
2009 |
160.596 bil. €[79] |
2009 |
-157.075 bil. €[80] |
-97.8 |
Portugal |
2009 |
168.586 bil. €[81] |
2009 |
-184.017 bil. €[82] |
-108.5 |
See also
References
- ^ Bivens, L. Josh (December 14, 2004). "Debt and the dollar: The United States damages future living standards by borrowing itself into a deceptively deep hole". Epinet.org. http://www.epinet.org/content.cfm/Issuebrief203. Retrieved 2009-06-28.
- ^ Ministry of Economic and Finance of Argentina International Investment Position Methodology page.1
- ^ a b c d e f g h i Bank of Japan Japan’s International Investment Position at Year-End 2009 page. 10, Table 5
- ^ IMF World Economic Outlook Database, April 2011 Singapore, GDP 2010 at current prices, in national currency
- ^ Singapore Official Statistics IMF Special Data Dissemination Standard - Economic and Financial Data for Singapore
- ^ IMF World Economic Outlook Database, April 2011 Taiwan Province of China, GDP 2010 at current prices, in US$
- ^ Central Bank of the Republic of China International Investment Position (End-Period-Stocks) page. 1
- ^ IMF World Economic Outlook Database, April 2011 Switzerland, GDP 2010 at current prices, in national currency
- ^ Swiss National Bank Switzerland’s international investment position – overview
- ^ Swiss National Bank Switzerland’s international investment position – overview
- ^ IMF World Economic Outlook Database, April 2011 Luxembourg, GDP 2008 at current prices, in national currency
- ^ Central Bank of Luxembourg International Investment Position of Luxembourg: Summary
- ^ Statistics Norway International Investment Position, 2009
- ^ Statistics Norway International Investment Position, 2009
- ^ IMF World Economic Outlook Database, April 2011 Japan, GDP 2009 at current prices, in national currency
- ^ IMF World Economic Outlook Database, April 2011 Belgium, GDP 2009 at current prices, in national currency
- ^ National Bank of Belgium Belgium: Economic and financial data – External Sector Assets:1613 billion EUR; Liabilities:1462 billion EUR; Net:151 billion EUR
- ^ IMF World Economic Outlook Database, April 2011 Germany, GDP 2009 at current prices, in national currency
- ^ Bundesbank Press Release – Germany’s international investment position at the end of 2009 page.1
- ^ IMF World Economic Outlook Database, April 2011 Netherlands, GDP 2010 at current prices, in national currency
- ^ De Nederlandsche Bank T12.10 – Dutch external assets (International Investment Position (Yearly/Quarterly)
- ^ IMF World Economic Outlook Database, April 2011 Malta, GDP 2009 at current prices, in national currency
- ^ National Statistics Office, Malta International Investment Position of Malta: June 2010 p. 2, Table 1 (December 2009)
- ^ IMF World Economic Outlook Database, April 2011 Finland, GDP 2010 at current prices, in national currency
- ^ Bank of Finland International investment position by investment type, EUR million Assets: 543.219 bil. €; Liabilities: 527.498 bil. €; Net: +15.721 bil. €
- ^ Ministry of Finance, Denmark Economic Survey May 2010 – English Summary page. 11, Table 1.4
- ^ Ministry of Finance, Denmark Economic Survey May 2010 – English Summary page. 14, Table 1.5
- ^ Ministry of Finance, Denmark Economic Survey May 2010 – English Summary page. 14, Table 1.5
- ^ IMF World Economic Outlook Database, April 2011 Israel, GDP 2010 at current prices, in US$
- ^ Bank of Israel International Investment Position (IIP) – January-December 2010
- ^ IMF World Economic Outlook Database, April 2011 Austria, GDP 2010 at current prices, in national currency
- ^ Oesterreichische Nationalbank International Investment Position – Summary – Total
- ^ IMF World Economic Outlook Database, April 2011 Chile, GDP 2010 at current prices, in US$
- ^ Banco Central de Chile Statistics Database External Sector -> IIP by institutional sector
- ^ IMF World Economic Outlook Database, April 2011 Philippines, GDP 2009 at current prices, in US$
- ^ Banco Central do Brasil Philippines: International Investment Position
- ^ IMF World Economic Outlook Database, April 2011 India, GDP 2010 at current prices, in US$
- ^ Reserve Bank of India International Investment Position: External Assets and Liabilities at the End of March (In India the fiscal year ends in March)
- ^ IMF World Economic Outlook Database, April 2011 France, GDP 2009 at current prices, in national currency
- ^ Banque de France 2009 Annual Report – The French balance of payments and international investment position page. 48, Table T3-1
- ^ Banque de France 2009 Annual Report – The French balance of payments and international investment position page. 48, Table T3-1
- ^ IMF World Economic Outlook Database, April 2011 UK, GDP 2009 at current prices, in national currency
- ^ Office for National Statistics UK The UK’s international investment position page. 26, Table 1
- ^ IMF World Economic Outlook Database, April 2011 US, GDP 2009 at current prices, in US$
- ^ Department of Commerce – Bureau of Economic Analysis U.S. Net International Investment Position at Yearend 2010
- ^ IMF World Economic Outlook Database, April 2011 Korea, GDP 2009 at current prices, in US$
- ^ The European Union Chamber of Commerce in Korea International Investment Position at the end of 2009 (Preliminary)
- ^ IMF World Economic Outlook Database, April 2011 Sweden, GDP 2010 at current prices, in national currency
- ^ Statistics Sweden International Investment Position (IIP) Table 1
- ^ Statistics Sweden International Investment Position (IIP) Table 1
- ^ IMF World Economic Outlook Database, April 2011 Italy, GDP 2010 at current prices, in national currency
- ^ Banca di Italia Balance of Payments and International Investment Position page. 9
- ^ Banca di Italia Balance of Payments and International Investment Position page. 9
- ^ IMF World Economic Outlook Database, April 2011 Slovenia, GDP 2010 at current prices, in national currency
- ^ Banka Slovenije International investment position of Slovenia - Summary (31 December 2010)
- ^ IMF World Economic Outlook Database, April 2011 Mexico, GDP 2010 at current prices, in US$
- ^ National Banco de México International Investment Position Final Position
- ^ IMF World Economic Outlook Database, April 2011 Brazil, GDP 2009 at current prices, in US$
- ^ Banco Central do Brasil Historical Series of the International Investment Position
- ^ IMF World Economic Outlook Database, April 2011 Kazakhstan, GDP 2009 at current prices, in US$
- ^ The National Bank of Kazakhstan INTERNATIONAL INVESTMENT POSITION OF KAZAKHSTAN (31.12.09)
- ^ IMF World Economic Outlook Database, April 2011 Turkey, GDP 2009 at current prices, in US$
- ^ Central Bank of the Republic of Turkey International Investment Position: External Assets and Liabilities at the End of Period
- ^ Australian Bureau of Statistics 5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2009 Table 1
- ^ IMF World Economic Outlook Database, April 2011 Poland, GDP 2010 at current prices, in national currency
- ^ National Bank of Poland Poland: International Investment Position
- ^ IMF World Economic Outlook Database, April 2011 Slovakia, GDP 2010 at current prices, in national currency
- ^ National Bank of Slovakia International Investment Position for Slovakia for 2010 (Net 2010 Q4)
- ^ Bank of Estonia 3. Annual indicators of Estonian economy GDP 2010, current prices (EUR m)
- ^ Bank of Estonia International investment position (EUR m), short version (12/31/2010)
- ^ Bank of Greece Summary of the Annual Report 2009 page. 48, Table 24
- ^ Bank of Greece Summary of the Annual Report 2009 page. 48, Table 24
- ^ Bank of Greece Summary of the Annual Report 2009 page. 48, Table 24
- ^ IMF World Economic Outlook Database, April 2011 New Zealand, GDP 2009 at current prices, in national currency
- ^ Statistics New Zealand Balance Of Payments and International Investment Position: December 2009 quarter – Hot Off the Press p.10, Net IIP at 31 December 2009
- ^ IMF World Economic Outlook Database, April 2011 Spain, GDP 2010 at current prices, in national currency
- ^ Banco de España Chapter 3 – The Financial Account and International Investment Position in 2010 page. 45, Table 3.2
- ^ Banco de España Chapter 3 – The Financial Account and International Investment Position in 2010 page. 45, Table 3.2
- ^ Central Statistics of Ireland Quarterly National Accounts – Quarter 1 2011 page.2, Table 1
- ^ Central Statistics of Ireland International Investment Position – 31 December 2009 page. 3, Table 1
- ^ Banco de Portugal Quarterly National Accounts Table H.0.1
- ^ Central Statistics of Ireland Economic and Financial Data for Portugal August 2011
External links
Statistics