Foreign assets

As foreign assets (abbreviation: AVS ) refers to the total inventory of all assets that the government , companies or individuals from one country to other countries - so abroad - hold. These include, for example, investments in foreign companies ( see direct investments ) and financial investments in foreign stocks ( portfolio investments ).

Foreign assets and balance of payments

Current account balance (cumulative current account balances 1980 to 2008):
green = positive, red = negative, gray = no data

The foreign assets are closely related to the balance of payments . The international assets contain the stock of external assets and liabilities at a specific point in time . The balance of payments shows the capital flows (investments) during a certain period . The capital outflows (investment abroad) lead to an increase in foreign assets and vice versa bear the capital inflows (foreign investment in the country) to the growth of foreign liabilities in. Does a country invest more abroad than the other way round, i. H. if it exports net capital, net wealth abroad increases. Conversely, the current account shows a surplus in this case. The development of the international investment position is not only influenced by investments, but also by other factors. Fluctuations in exchange rates and precious metal prices as well as changes in share prices are particularly reflected in the stocks .

Foreign debt

Foreign debt or foreign debt is a collective term for all short, medium and long-term obligations / liabilities of an economy to foreign countries from trade and payment transactions as well as from political obligations, such as B. Reparations .

See also : List of countries by external debt

Net international assets

U.S. net international investment position, 1976-2007

The counterpart to a country's foreign assets are its foreign debts. The balance between the two figures is referred to as a country's net foreign assets, and if the balance is negative, it is referred to as net foreign debt. The total of the net foreign assets and net foreign debt of all countries always results in exactly zero. In order to make statements about the wealth of an economy, the net foreign assets are better suited than the (gross) foreign assets, as high foreign assets can be offset by high foreign debt.

The international investment position for Germany shows the amount and structure of German foreign claims and liabilities towards the rest of the world on the respective reference date.

table

country	year	gross domestic product	year	Net international assets	year	Net international investment position as% of GDP
Hong Kong	2014	HKD 2,253 billion	2014	+ $ 1,114.87 billion	2016	+284.0
Singapore	2014	SGD 390.089 billion	2014	+ $ 276.09 billion	2014	+182.0
Norway	2014	NOK 3,149.681 billion	2014	+ $ 592.04 billion	2014	+170.9
Taiwan	2010	$ 430.580 billion	2010	+ $ 659.915 billion	2010	+153.3
Switzerland	2014	CHF 642.256 billion	2014	+ $ 777.75 billion	2014	+119.6
Saudi Arabia	2014	2,798.432 billion SR	2014	+ $ 795.22 billion	2014	+106.6
Netherlands	2015	€ 676.531 billion	2016	+ € 529,253 billion	2016	+75.9
Japan	2015	¥ 532,136,400 billion	2015	+339,263,000 billion yen	2015	+63.8
Denmark	2014	DKK 1,919.192 billion	2016	+1,156.818 billion DKK	2016	+56.1
Germany	2015	€ 3,032.820 billion	2016	+1,705.043 billion euros	2016	+54.4
Belgium	2015	€ 410.351 billion	2016	+ € 208.701 billion	2016	+49.5
Malta	2015	€ 8.784 billion	2016	+ € 4.693 billion	2016	+47.4
Israel	2016	$ 311.739 billion	2017	+135.124 billion $	2017	+43.3
Venezuela	2014	$ 509.964 billion	2014 (Q3)	+ $ 155.667 billion	2014	+30.5
Luxembourg	2015	€ 51.216 billion	2016	+ € 12.585 billion	2016	+23.2
South Korea	2016	$ 1,404.383 billion	2016	+ $ 278.500 billion	2016	+19.8
Russia	2016	$ 1.267.754 billion	2016	+ $ 226,954 billion	2016	+17.9
Sweden	2014	3,914,704 billion SEK	2016	-730.190 billion SEK	2016	+16.7
People's Republic of China	2016	$ 11,391.619 billion	2016	+ $ 1,800.537 billion	2016	+15.8
Argentina	2016	$ 541.748 billion	2016	+ $ 55.380 billion	2016	+10.2
Finland	2015	€ 209.149 billion	2016	+ € 15.305 billion	2016	+7.1
Canada	2014	1991.596 billion CAD	2014	+ $ 101.31 billion	2014	+6.9
Austria	2015	€ 339.896 billion	2016	+ € 18,135 billion	2016	+5.2
United Kingdom	2014	£ 1,791.934 billion	2016	-21.278. £ billion	2016	-1.1
Nigeria	2014	$ 568.508 billion	2014	$ 60,459 billion	2014	-10.6
Eurozone	2015	€ 10,455.774 billion	2014	- € 1,285.600 billion	2014	-12.7
Philippines	2014	$ 284.582 billion	2014	- $ 40,700 billion	2014	-14.3
Italy	2015	€ 1,642.444 billion	2016	-249.638 billion euros	2016	-14.9
Kazakhstan	2014	$ 231.876 billion	2014	- $ 35,201 billion	2014	-15.2
France	2015	€ 2,181.064 billion	2016	-351.142 billion euros	2016	-15.8
India	2016	$ 2,250.987 billion	2016	$ 364.700 billion	2016	-16.2
Chile	2016	$ 247.028 billion	2016	$ 43.601 billion	2016	-17.7
Czech Republic	2014	CZK 4,260.886 billion	2016	-1,175.539 billion CZK	2016	-24.9
Brazil	2014	$ 2,346.118 billion	2014	$ 776.537 billion	2014	-33.1
Mexico	2014	$ 1,282.720 billion	2014	$ -426.553 billion	2014	-33.3
Slovenia	2015	€ 38.570 billion	2016	-13.736 billion euros	2016	-34.5
Estonia	2015	€ 20.251 billion	2016	-7.797 billion euros	2016	-37.3
Lithuania	2014	€ 36.309 billion	2016	-16.726 billion euros	2016	-43.3
United States	2016	$ 18,675.3 billion	2016	- $ 8,109.7 billion	2016	-43.4
Indonesia	2014	$ 888.538 billion	2014	$ -419.770 billion	2014	-47.2
Romania	2014	RON 666.637 billion	2016	-376.268 billion RON	2016	-49.6
Bulgaria	2014	82.164 billion BGN	2016	-47,542 billion BGN	2016	-51.3
Turkey	2014	$ 799.534 billion	2014	$ 437.029 billion	2014	-54.7
Australia	2014	1558.586 billion AUD	2014	-866.700 billion AUD	2014	-55.6
Slovakia	2015	€ 78.686 billion	2016	-47.063 billion euros	2016	-58.1
Latvia	2015	€ 24.349 billion	2016	-14.554 billion euros	2016	-58.2
Hungary	2014	31,864.867 billion HUF	2016	-20,662,860 billion HUF	2016	-58.9
Poland	2014	1.728.676 billion zł	2016	-1,146,824 billion zł	2016	-61.9
New Zealand	2013	237.769 billion NZD	2014	-154.592 billion NZD	2014	-64.7
Croatia	2014	328.927 billion HRK	2016	-244.493 billion HRK	2016	-71.2
Spain	2016	€ 1,113.851 billion	2016	-938.434 billion euros	2016	-83.9
Portugal	2015	€ 179.540 billion	2016	-194.358 billion euros	2016	-105.1
Cyprus	2015	€ 17.637 billion	2016	€ -22.453 billion	2016	-125.4
Greece	2015	€ 175.697 billion	2016	- € 240.107 billion	2016	-136.5
Ireland	2015	€ 255.815 billion	2016	-492.505 billion euros	2016	-185.3
Iceland	2014	1.993.336 billion ISK	2014	-7,936,987 billion ISK	2014	-398.2
country	year	gross domestic product	year	Net international assets	year	Net international investment position as% of GDP

Web links

• Deutsche Bundesbank "international investment position"
• ( Page no longer available , search in web archives: Swiss National Bank (SNB) ) - (Constantly updated overview of Swiss net international assets)
• Japanese Central Bank Japan’s International Investment Position at year-end 2009 (overview of the net foreign assets of Japan and various other countries at the end of 2009; PDF; 794 kB)
• EURO AREA BALANCE OF PAYMENTS AND INTERNATIONAL INVESTMENT POSITION STATISTICS, European Central Bank, March 2010 (eng .; PDF; 1.4 MB)
• United States Department of Commerce Elena L. Nguyen: The International Investment Position of the United States at Yearend 2007. US (eng .; PDF; 727 kB)

statistics

• International monetary funds with a list of countries with links e.g. B. on international investment position
• International Monetary Fund (IMF) World Economic Outlook Database, April 2011 (country-specific database on the most important economic indicators)

Individual evidence

1. ↑ Swiss National Bank Switzerland's international assets in 2002 (Quarterly Bulletin 4/2003) p. 47
2. ^ Census and Statistics Department Hong Kong International Investment Position at Year-End 2014
3. ↑ Singapore Statistical Office Singapore, GDP 2014 at current prices, in national currency ( Memento from November 29, 2015 in the Internet Archive )
4. ↑ Statistics Norway GDP National Accounts, current ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. 
5. ^ IMF World Economic Outlook Database, April 2011 Taiwan Province of China, GDP 2010 at current prices, in US $
6. ↑ Central Bank of the Republic of China International Investment Position (End-Period-Stocks) page. 1
7. ↑ BFS Gross Domestic Product (GDP) - Data, indicators, March 2015 ( Memento of the original from September 23, 2015 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Switzerland, GDP 2014 at current prices, in national currency 
8. ^ Saudi Arabian Monetary Agency National Accounts, current GDP in Riyal
9. ↑ ^{a b c d e f g h i j k l m n o p q r s t} Eurostat [1] GDP at market prices
10. ↑ ^{a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab} Net international investment position in national currency units - annual data; code: tipsii10 . Eurostat . Retrieved August 27, 2015.
11. ↑ ^{a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab} Net international investment position in% of GDP - annual data; code: tipsii10 . Eurostat . Retrieved August 27, 2015.
12. ↑ Bank of Japan [2] Japan, GDP at current prices, in national currency, p. 41
13. ↑ Bank of Japan International Investment Position of Japan (Quarterly Data)
14. ↑ ^{a b c d e f g h i} Eurostat GDP in national currency [3] UK, GDP 2014 at current prices
15. ↑ ^{a b} IMF [4] World Economic Outlook Database, October 2016
16. ↑ Bank of Israel Israel's International Investment Position (IIP), Third quarter of 2017
17. ↑ ^{a b c d e f g h i} World Bank [5] World Development Indicators
18. ↑ Banco de Venezuela [www.bcv.org.ve/Upload/Comunicados/aviso301214.pdf Resultados de la Economía durante el año 2014]
19. ↑ Bank of Korea (BOK) International Investment Position (IIP) at the end of 2016 (preliminary) .pdf
20. ↑ IMF World Economic Outlook Database, October 2016.
21. ^ Central Bank of Russia
22. ^ IMF [6] World Economic Outlook Database, October 2016.
23. ^ State Administration of Foreign Exchange, China [7] The time-series data of the International Investment Position of China
24. ^ IMF [8] World Economic Outlook Database, October 2016.
25. ^ Instituto Nacional de Estadistica y Censos Economic and Financial Data for ARGENTINA
26. ↑ "Canada's Gross Domestic Product, 2014, current prices"
27. ↑ Central Bank of Nigeria 2014 Statistical bulletin - External Sector Statistics (table D 2.2.2)
28. ↑ ^{a b} European Central Bank International investment position of the euro area
29. ↑ Phil Star International Investment Position
30. ↑ The National Bank of Kazakhstan [9] accessed: August 27, 2015
31. ^ IMF [10] World Economic Outlook Database, October 2016.
32. ^ Reserve Bank of India India's International Investment Position (IIP), December 2016
33. ↑ Banco Central de Chile Statistics Database External Sector -> IIP by institutional sector
34. ^ Banco Central do Brasil Historical Series of the International Investment Position
35. ↑ National Banco de México International Investment Position Final Position 2014
36. ^ Department of Commerce - Bureau of Economic Analysis [11] US, GDP at current prices, in US $
37. ^ Department of Commerce - Bureau of Economic Analysis US Net International Investment Position Fourth Quarter and Year 2016
38. ↑ Indonesia's International Investment Position
39. ↑ Central Bank of the Republic of Turkey International Investment Position Turkey ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. 
40. ^ Australian Bureau of Statistics - Key Economic Indicators, Table 36
41. ^ Australian Bureau of Statistics - Balance of Payments and International Investment Position, Australia
42. ^ Reserve Bank of New Zealand [12] Economic Indicators GDP at current prices Q1-Q42014, in national currency
43. ↑ Balance Of Payments and International Investment Position: Q4 2014 . Reserve Bank of New Zealand. December 31, 2014. Archived from the original on April 16, 2015.
44. ↑ Statistics Iceland ( Memento of the original from September 24, 2015 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. 
45. ^ Central Bank of Iceland
46. ↑ Central Bank of Iceland [13] As of Q1 2015 Excluding the financial institutions undergoing winding-up proceedings, assets totaled 4,042 b.kr. and liabilities 4,031 b.kr., yielding a positive net balance of 12 b.kr. Net liabilities declined by 122 b.kr. between quarters.