Net international investment position


The Net international investment position is the difference between the external financial assets and liabilities of a country. External debt of a country includes government debt and private debt. Publicly and privately held external assets by a country's legal residents are also taken into account when calculating its NIIP. Please note that commodities and currencies tend to follow a cyclical pattern by undergoing significant valuation changes, which is also reflected in NIIP.
The International investment position of a country is a financial statement of the value and composition of its external financial assets and liabilities. A positive NIIP value indicates that a nation is a creditor nation, while a negative value indicates that it is a debtor nation.

History

The US was the world's largest creditor until the 1960s. However, over the last few decades, the US has become the world's largest debtor. Since the 1980s, Japan replaced the USA as the world's largest creditor nation. With the ascent of the Hong Kong Monetary Authority's credit position since 2015, China and Japan have been competing for the top creditor position.

List of countries and regions by net international investment position

Countries and regionsDateGDP
DateNIIP
DateNIIP
201915,4182019-8,0282019
2019445,4692019+117,1132019
201913,4442019-9,8222019
2019447,7182020Q1+66,3212019
2019317,4652019-39,4012019
20192,8422019-2,6442019
20191,847,0202019-731,9062019
201962,5722020Q1-32,4882019
2019517,6092020Q1+199,0982019
201926,7302020Q1-22,2542019
20191,730,9142020Q1+658,5072019
201948,9942018-19,7792018
201914,140,1632019+2,123,9952019
2019347,1762019+271,6752019
20193,863,3442019+2,747,7002019
2019372,9892019+1,563,1002019
201923,9182020Q1+4,882201921
2019387,7172020Q1+153,0152019
20195,154,4752020Q1+3,453,5572019
2019137,5912019+115,2112019
201969,4532020Q1+31,2842019
2019365,3032018-18,7612018
201914,8592019+9,0032019
201913,6372020Q1-35,6772019
20195,4242018-9,0442018
201915,0932018-52,5812018
2019902,3552019+813,4002019
201912,5282018-16,9212018
2019417,6272019+996,6002019
20191,637,8922019+356,5012019
2019779,2892019+682,8002019
2019362,8182019+896,0002019
20191,629,5322020Q1+565,0662019
2019528,9292019+112,9032019
2019715,3602019+838,7002019
2019586,1042019+1,342,7802019
2019529,1772019-9,7382019
20192,743,5862019-732,2062019
2019269,6542019+4,6552019
2019446,5432018-82,5982018
2019356,8142019-34,8412019
20191,988,6362019-33,3882019
2019170,3262019-61,5732019
20192,707,0742019-633,5842019
20192,935,5702019-426,528Dec. 2019
2019294,2372018-70,2772018
2019327,8952020Q1-157,1322019
2019246,9532020Q1-31,5932019
20191,274,1752019-655,5002019
201954,1542020Q1-8,8552019
2019150,4012019-20,7372019
201931,0382020Q1-6,9922019
201953,6412019-12,8952019
20191,111,7132019−338,2312019
2019243,6982019-107,2472019
201966,2502019-21,5612019
2019743,7082020Q1-314,8702019
20191,376,2552019-624,5712019
2019106,5522019-69,3282019
201935,0452020Q1-14,8612019
2019170,4072019-76,1012019
2019565,8542019-298,1932019
2019204,6712019-115,0792019
201960,7022019-30,7752019
20191,397,8702019-1,035,4532019
2019236,4082020Q1-232,5612019
201924,2802019-28,5982019
2019214,0122019-317,1712019
2019384,9402019-671,1002019
201951,5232019-45,6082019
2019302,2562019-188,0202019
2019284,2142019-125,3632019
201968,5362019-65,9982019
2019228,9892018-84,3322018
2019358,8392019+28,5932019
201930,8732018-85,1802018
201938,7322018-57,1172018
201930,6662019-18,6402019
201923,9462019-27,8932019
2020Q121,540,0002020Q1-12,057,5002020Q1

Statistics