International investment position

01. December

Q3/2021

The net international investment position was positive by 1,294 b.kr., or 41.1% of GDP, and improved by 175 b.kr., or 5.6% of GDP, during the quarter. Foreign assets totalled 4,964 b.kr. at the end of the quarter, while foreign liabilities totalled 3,670 b.kr. Net financial transactions improved the net international investment position by 89 b.kr. during the quarter, as external assets increased by 179 b.kr. due to financial transactions and external liabilities increased by 90 b.kr. Asset values rose by 210 b.kr. during the quarter, owing to price and exchange rate movements, and liabilities rose by 124 b.kr. Price and exchange rate movements therefore improved the net external position by 86 b.kr. Prices in foreign securities markets fell by nearly 1% between quarters, and prices in the domestic stock market rose by 5.6%. The króna depreciated by 3.4% in terms of the trade-weighted index.

Supervisor: IT & Statistics | bop@cb.is