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 - July 2022
- According to the International Investment Position (IIP) at the end of
July 2022, external assets recorded USD 287.3billion indicating a decreaseof 0.3percent compared to the end of 2021and liabilities against non-residents recorded USD 504.6billion indicating a decreaseof 7.3percent.
- The net IIP, defined as the difference between Türkiye’s external assets and liabilities, posted USD
-217.3billion at the end of July 2022, in comparison to USD -256.0billion observed at the end of 2021.
- As regards to sub-items under assets, at the end of
July 2022, reserve assets recorded USD 101.3billion indicating a decreaseof 8.9percent, while other investment recorded USD 127.6billion indicating an increaseof 4.9percent compared to the end of 2021. Currency and deposits of banks, one of the sub-items of other investment, recorded USD 53.4billion indicating an increaseof 3.6percent compared to the end of 2021.
- As regards to sub-items under liabilities, direct investment (equity capital and other capital) at the end of
July 2022recorded USD 109.5billion indicating 22.9percent decreasein 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 11.6percent and recorded USD 84.9billion compared to the end of 2021. Non-residents’ equity holdings recorded USD 14.9billion reflecting a decreaseof 19.4percent compared to the end of 2021. Non-residents’ holdings of GDDS (Government Domestic Debt Securities) recorded USD 1.3billion with a decreaseof 63.2percent. Outstanding eurobond holdings of nonresidents posted USD 43.5billion with a decreaseof 4.1percent.
- Other investment indicated
an increaseof 1.3percent to USD 310.3billion compared to the end of 2021. FX deposits of non-residents held within the resident banks recorded USD 37.3billion at the end of July 2022, reflecting an increaseof 7.1percent compared to the end of 2021, and TL deposits increasedby 12.7percent recording USD 10.9billion.
- Total external loan stock of the banks recorded USD
60.9billion decreasingby 8.6percent compared to the end of 2021, and total external loan stock of the other sectors recorded USD 96.0billion decreasingby 0.9percent.