The International Investment Position (IIP) is a quarterly (monthly as an indicator) statistical statement that shows the stock value of financial assets and liabilities of residents of an economy from non-residents, and financial assets kept as gold at a point in time.
The difference between total financial assets and total financial liabilities is the net IIP. In other words, the net position of total claims of Türkiye on non-residents vis-a-vis total liabilities of Türkiye to non-residents is the net IIP. The net IIP may either be positive or negative.
Data are available as time series in EVDS. Click here for access.
Data have been revised with the publication on 19 August 2021.
International Investment Position Developments - November 2022
- According to the International Investment Position (IIP) at the end of
November 2022, external assets recorded USD 302.4billion indicating an increaseof 4.9percent compared to the end of 2021and liabilities against non-residents recorded USD 567.3billion indicating an increaseof 4.3percent.
- The net IIP, defined as the difference between Türkiye’s external assets and liabilities, posted USD
-265.0billion at the end of November 2022, in comparison to USD -255.8billion observed at the end of 2021.
- As regards to sub-items under assets, at the end of
November 2022, reserve assets recorded USD 122.4billion indicating an increaseof 10.1percent, while other investment recorded USD 119.8billion indicating a decreaseof 1.5percent compared to the end of 2021. Currency and deposits of banks, one of the sub-items of other investment, recorded USD 48.6billion indicating a decreaseof 5.7percent compared to the end of 2021.
- As regards to sub-items under liabilities, direct investment (equity capital and other capital) at the end of
November 2022recorded USD 153.8billion indicating 8.6percent increasein comparison to the end of the previous year, with the contribution of the changes in the market value and foreign exchange rates.
- Portfolio investment
decreasedby 5.6percent and recorded USD 91.2billion compared to the end of 2021. Non-residents’ equity holdings recorded USD 26.4billion reflecting an increaseof 43.3percent compared to the end of 2021. Non-residents’ holdings of GDDS (Government Domestic Debt Securities) recorded USD 1.2billion with a decreaseof 65.2percent. Outstanding eurobond holdings of nonresidents posted USD 40.5billion with a decreaseof 10.6percent.
- Other investment indicated
an increaseof 5.4percent to USD 322.3billion compared to the end of 2021. FX deposits of non-residents held within the resident banks recorded USD 41.4billion at the end of November 2022, reflecting an increaseof 19.0percent compared to the end of 2021, and TL deposits increasedby 30.5percent recording USD 12.7billion.
- Total external loan stock of the banks recorded USD
58.4billion decreasingby 11.0percent compared to the end of 2021, and total external loan stock of the other sectors recorded USD 99.5billion increasingby 2.2percent.