International investment position

01. December

Q3/2023

At the end of the quarter, the net international investment position was positive by 1,272 b.kr., or 31.2% of GDP. It improved by 145 b.kr., or 3.6% of GDP, during the quarter. External assets totalled 5,286 b.kr. at the end of the quarter, and external liabilities were 4,014 b.kr. During the quarter, the position improved by 74 b.kr. as a result of financial transactions, as foreign assets increased by 216 b.kr. and foreign liabilities increased by 142 b.kr. Price and exchange rate movements during the quarter lowered asset values by 103 b.kr. and lowered the value of liabilities by 184 b.kr., thereby yielding an improvement of 80 b.kr. in the net external position. The króna appreciated by just under 2% in terms of the trade-weighted index. Prices in foreign securities markets rose by 0.7% between quarters, while prices in the domestic stock market fell by 1.1%.

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