International investment position

02. September

Q2/2021

At the end of the quarter, the net international investment position was positive by 1,120 b.kr., or 36.6% of GDP, and improved by 79 b.kr., or 2.6% of GDP, during the quarter. Foreign assets totalled 4,566 b.kr. at the end of the quarter, while foreign liabilities totalled 3,445 b.kr. Net financial transactions improved the net international investment position by 16 b.kr. during the quarter, as external assets increased by 15 b.kr. due to financial transactions and external liabilities decreased by 2 b.kr. Asset values rose by 78 b.kr. during the quarter, owing to price and exchange rate movements, and liabilities rose by 1 b.kr. Price and exchange rate movements therefore improved the net external position by 78 b.kr. Prices in foreign securities markets rose by nearly 8% between quarters, and prices in the domestic stock market rose by 9.4%. The króna appreciated by 1.5% in terms of the trade-weighted index.

Supervisor: IT & Statistics | bop@cb.is