Last produced for Monthly Bulletin of Statistics No. 9/2008
G. BALANCE OF PAYMENTS
TABLE G/4.- INTERNATIONAL INVESTMENT POSITION(1)
$ MILLION - PAGE 1 OF 2
 20042005200620072005 
 I-IIIIV-VIVII-IXX-XII 
   
A. Assets A. Assets
    1. Direct investment abroad     1. Direct investment abroad
        Equity capital and reinvested earnings13,527 17,570 31,427 38,030 14,790 15,197 16,692 17,570         Equity capital and reinvested earnings
        Other capital4,966 5,440 8,372 9,426 4,953 5,418 5,241 5,440         Other capital
        Direct investment abroad - total18,493 23,010 39,799 47,456 19,743 20,615 21,933 23,010         Direct investment abroad - total
    2. Portfolio investment     2. Portfolio investment
        Equity securities5,003 8,663 14,123 17,868 5,605 5,797 7,268 8,663         Equity securities
              Banks0 0 0 0 0 0 0 0               Banks
              Other sectors5,003 8,663 14,123 17,868 5,605 5,797 7,268 8,663               Other sectors
        Bonds and notes13,574 17,920 23,012 27,137 14,486 15,919 18,048 17,920         Bonds and notes
              Central Government43 33 24 17 43 37 37 33               Central Government
              Banks2,961 4,339 5,962 7,523 2,975 3,488 4,301 4,339               Banks
              Other sectors10,570 13,548 17,026 19,598 11,469 12,394 13,710 13,548               Other sectors
        Portfolio investment - total18,576 26,583 37,135 45,005 20,091 21,717 25,316 26,583         Portfolio investment - total
    3. Other investment     3. Other investment
              Central government1,986 680 474 534 1,490 939 590 680               Central government
              Banks18,716 21,667 29,395 29,135 22,278 23,269 20,427 21,667               Banks
              Other sectors20,825 22,451 27,185 37,051 20,708 21,402 22,154 22,451               Other sectors
        Other investment - total41,527 44,798 57,054 66,721 44,476 45,610 43,172 44,798         Other investment - total
    4. Reserve assets27,378 28,488 29,607 28,985 27,571 27,023 28,059 28,488     4. Reserve assets
        Assets - total105,975 122,879 163,595 188,167 111,880 114,965 118,480 122,879         Assets - total
B. Liabilities B. Liabilities
    1. Direct investment in Israel     1. Direct investment in Israel
        Equity capital and reinvested earnings28,640 32,630 45,637 54,213 29,670 30,102 30,512 32,630         Equity capital and reinvested earnings
        Other capital2,908 2,995 3,667 3,980 2,951 2,987 3,009 2,995         Other capital
        Direct investment in Israel - total31,548 35,625 49,304 58,193 32,621 33,089 33,521 35,625         Direct investment in Israel - total
    2. Portfolio investment     2. Portfolio investment
        Equity securities30,807 42,733 41,987 61,491 33,051 32,812 36,633 42,733         Equity securities
        Bonds and notes23,561 23,554 28,437 27,270 24,042 24,103 23,651 23,554         Bonds and notes
              Monetary authorities107 160 246 194 59 63 68 160               Monetary authorities
              Central government(2)18,112 18,457 20,951 20,334 18,146 18,307 18,237 18,457               Central government(2)
              Other sectors5,342 4,936 7,240 6,743 5,837 5,733 5,346 4,936               Other sectors
        Portfolio investment - total54,368 66,287 70,424 88,761 57,093 56,915 60,284 66,287         Portfolio investment - total
    3. Other investment     3. Other investment
              Monetary authorities15 14 13 13 14 14 14 14               Monetary authorities
              Central government(2)12,899 12,265 11,878 11,588 12,904 12,584 12,575 12,265               Central government(2)
              Banks23,989 23,189 24,988 26,545 23,951 23,309 23,350 23,189               Banks
              Other sectors13,193 14,291 16,011 18,294 13,784 14,296 14,738 14,291               Other sectors
        Other investment - total50,096 49,759 52,891 56,440 50,652 50,203 50,676 49,759         Other investment - total
    Liabilities - total136,012 151,670 172,618 203,394 140,367 140,206 144,481 151,670     Liabilities - total
C. Net international investment position C. Net international investment position
    1. Net direct investment13,055 12,615 9,504 10,738 12,879 12,473 11,588 12,615     1. Net direct investment
    2. Net portfolio investment35,792 39,703 33,289 43,756 37,002 35,198 34,967 39,703     2. Net portfolio investment
    3. Net other investment8,569 4,961 -4,163 -10,281 6,177 4,593 7,504 4,961     3. Net other investment
    4. Reserve assets-27,378 -28,488 -29,607 -28,985 -27,571 -27,023 -28,059 -28,488     4. Reserve assets
    Net international investment position - total30,037 28,791 9,023 15,227 28,486 25,241 26,001 28,791     Net international investment position - total
D. External debt D. External debt
    Gross external debt76,565 76,307 84,994 87,690 77,646 77,292 77,336 76,307     Gross external debt
    External assets in debt instruments87,445 96,646 118,045 132,269 91,486 93,971 94,520 96,646     External assets in debt instruments
    Net external debt-10,881 -20,339 -33,050 -44,578 -13,840 -16,678 -17,185 -20,339     Net external debt
   
(1) Financial series have been revised as of 1999.
(2) Financial positions of the public sector include accrued interests, according to the recording of interests
      in the Income Account and the Financial Account of the BOP. Interest flows in these accounts,
      are recorded according to interests actually received/paid plus changes in accrued interests.
TABLE G/4.- INTERNATIONAL INVESTMENT POSITION(1)
$ MILLION - PAGE 2 OF 2
 200620072008 
 I-IIIIV-VIVII-IXX-XIII-IIIIV-VIVII-IXX-XIII-IIIIV-VI 
   
A. Assets A. Assets
    1. Direct investment abroad     1. Direct investment abroad
        Equity capital and reinvested earnings28,361 29,512 30,584 31,427 33,026 34,282 35,870 38,030 39,535 41,010         Equity capital and reinvested earnings
        Other capital6,175 6,503 6,850 8,372 9,153 9,988 9,930 9,426 10,182 9,642         Other capital
        Direct investment abroad - total34,536 36,015 37,434 39,799 42,179 44,270 45,799 47,456 49,717 50,652         Direct investment abroad - total
    2. Portfolio investment     2. Portfolio investment
        Equity securities12,143 11,576 11,991 14,123 14,819 16,774 17,572 17,868 16,273 17,058         Equity securities
              Banks0 0 0 0 0 0 0 0 0 0               Banks
              Other sectors12,143 11,576 11,991 14,123 14,819 16,774 17,572 17,868 16,273 17,058               Other sectors
        Bonds and notes18,944 19,242 20,864 23,012 25,624 26,565 26,413 27,137 26,679 27,042         Bonds and notes
              Central Government33 28 28 24 24 21 21 17 17 12               Central Government
              Banks4,817 4,992 5,426 5,962 6,301 6,109 6,347 7,523 7,400 7,123               Banks
              Other sectors14,094 14,222 15,410 17,026 19,299 20,435 20,046 19,598 19,263 19,907               Other sectors
        Portfolio investment - total31,086 30,818 32,855 37,135 40,443 43,338 43,986 45,005 42,952 44,100         Portfolio investment - total
    3. Other investment     3. Other investment
              Central government647 628 428 474 584 519 443 534 567 521               Central government
              Banks22,830 23,956 25,189 29,395 27,989 28,557 29,455 29,135 31,884 29,889               Banks
              Other sectors22,763 23,939 26,173 27,185 28,571 29,810 32,586 37,051 36,618 38,593               Other sectors
        Other investment - total46,240 48,523 51,790 57,054 57,144 58,886 62,484 66,721 69,069 69,003         Other investment - total
    4. Reserve assets28,476 27,935 28,217 29,607 31,057 29,506 29,659 28,985 30,001 31,821     4. Reserve assets
        Assets - total140,338 143,291 150,297 163,595 170,823 176,000 181,928 188,167 191,739 195,576         Assets - total
B. Liabilities B. Liabilities
    1. Direct investment in Israel     1. Direct investment in Israel
        Equity capital and reinvested earnings34,878 35,561 41,031 45,637 47,567 49,479 51,571 54,213 55,222 58,473         Equity capital and reinvested earnings
        Other capital3,101 3,377 3,426 3,667 4,000 3,961 4,041 3,980 3,448 3,025         Other capital
        Direct investment in Israel - total37,979 38,938 44,457 49,304 51,567 53,440 55,612 58,193 58,670 61,498         Direct investment in Israel - total
    2. Portfolio investment     2. Portfolio investment
        Equity securities48,464 39,965 42,643 41,987 48,644 54,439 59,085 61,491 58,618 63,344         Equity securities
        Bonds and notes26,532 25,900 25,622 28,437 29,373 29,308 28,082 27,270 26,725 27,420         Bonds and notes
              Monetary authorities294 222 163 246 259 882 127 194 175 139               Monetary authorities
              Central government(2)18,680 18,110 17,975 20,951 21,948 21,417 21,079 20,334 19,601 19,492               Central government(2)
              Other sectors7,558 7,569 7,484 7,240 7,167 7,010 6,875 6,743 6,949 7,790               Other sectors
        Portfolio investment - total74,996 65,865 68,265 70,424 78,017 83,747 87,167 88,761 85,343 90,764         Portfolio investment - total
    3. Other investment     3. Other investment
              Monetary authorities14 13 13 13 13 13 13 13 13 13               Monetary authorities
              Central government(2)12,109 12,255 11,777 11,878 12,011 11,674 11,585 11,588 11,396 10,846               Central government(2)
              Banks23,142 23,946 24,065 24,988 24,801 25,285 25,965 26,545 26,798 26,505               Banks
              Other sectors15,454 16,176 15,963 16,011 16,132 17,346 17,442 18,294 20,042 20,855               Other sectors
        Other investment - total50,719 52,391 51,819 52,891 52,958 54,318 55,005 56,440 58,248 58,219         Other investment - total
    Liabilities - total163,693 157,194 164,541 172,618 182,542 191,505 197,783 203,394 202,261 210,482     Liabilities - total
C. Net international investment position C. Net international investment position
    1. Net direct investment3,443 2,924 7,023 9,504 9,388 9,170 9,813 10,738 8,953 10,846     1. Net direct investment
    2. Net portfolio investment43,910 35,047 35,410 33,289 37,574 40,409 43,181 43,756 42,391 46,664     2. Net portfolio investment
    3. Net other investment4,478 3,867 28 -4,163 -4,186 -4,568 -7,479 -10,281 -10,821 -10,784     3. Net other investment
    4. Reserve assets-28,476 -27,935 -28,217 -29,607 -31,057 -29,506 -29,659 -28,985 -30,001 -31,821     4. Reserve assets
    Net international investment position - total23,356 13,903 14,244 9,024 11,718 15,505 15,855 15,227 10,522 14,906     Net international investment position - total
D. External debt D. External debt
    Gross external debt80,351 81,668 80,867 84,994 86,331 87,587 87,127 87,690 88,421 88,665     Gross external debt
    External assets in debt instruments99,835 102,203 107,722 118,044 122,978 124,944 128,486 132,269 135,931 137,508     External assets in debt instruments
    Net external debt-19,483 -20,535 -26,855 -33,050 -36,647 -37,357 -41,359 -44,578 -47,510 -48,843     Net external debt
   
(1) Financial series have been revised as of 1999.
(2) Financial positions of the public sector include accrued interests, according to the recording of interests
      in the Income Account and the Financial Account of the BOP. Interest flows in these accounts,
      are recorded according to interests actually received/paid plus changes in accrued interests.