At the end of Q4, the net international investment position was positive by 1,614 b.kr., or 37.7% of GDP. It improved by 326 b.kr., or 7.6% of GDP, during the quarter. External assets totalled 5,753 b.kr. at the end of the quarter, and external liabilities were 4,139 b.kr. During the quarter, the position improved by 87 b.kr. as a result of financial transactions, as foreign assets increased by 33 b.kr. and foreign liabilities increased by 54 b.kr. Price and exchange rate movements during the quarter increased asset values by 330 b.kr. and increased the value of liabilities by 85 b.kr., thereby yielding an improvement of 246 b.kr. in the net external position. The króna depreciated by 3.4% in terms of the trade-weighted index. Prices in foreign securities markets rose by 6.1% between quarters, and prices in the domestic stock market rose by 9.7%.