International Investment Position
The International Investment Position reflects the level of Greek residents’ assets and liabilities vis-à-vis non-residents at a specific moment in time (quarter-end and year-end). Assets and liabilities are broken down into the main categories of Direct Investment, Portfolio Investment, Other Investment, and Reserve Assets, as well as by sectors of the economy, such as Bank of Greece, General Government, Monetary Financial Institutions, and Other Sectors. The difference between assets and liabilities is the net investment position which, depending on its positive or negative sign, characterises the country respectively as a net creditor or debtor vis-à-vis the rest of the world.
The International Investment Position is affected not only by transactions (financial flows) of the Financial Account, but also by changes in the market prices used for the valuation of financial instruments that determine the level of assets and liabilities.
International Investment Position: quarterly data (excel file)