View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Thursday, December 28, 2017
Contact: Jeannine Aversa, (301) 278-9003

U.S. Net International Investment Position
Third Quarter 2017
Preliminary Statistics for U.S. Net International Investment Position
The U.S. net international investment position increased to −$7,768.7 billion (preliminary) at the end of
the third quarter from −$8,004.1 billion (revised) at the end of the second quarter. The $235.4 billion
increase reflected net financial transactions of –$87.4 billion and net other changes in position, such as
price and exchange-rate changes, of $322.8 billion.
U.S. Net International Investment Position

U.S. Assets and Liabilities
Quarterly, not seasonally adjusted

Quarterly, not seasonally adjusted
Billion $
0

Billion $
35,000

-1,000

U.S. liabilities

30,000

-2,000
25,000

-3,000

U.S. assets

-4,000

20,000

-5,000

15,000

-6,000
10,000

-7,000
5,000

-8,000

0

-9,000
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
U.S. Bureau of Economic Analysis

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
U.S. Bureau of Economic Analysis



The net investment position increased 2.9 percent in the third quarter, compared with an
increase of 1.1 percent in the second quarter, and an average quarterly decrease of 5.3 percent
from the first quarter of 2011 through the first quarter of 2017.



U.S. assets increased $1,001.2 billion to $26,854.9 billion, mostly reflecting increases in portfolio
investment and direct investment assets due to increases in foreign equity prices, appreciation
of major foreign currencies against the U.S. dollar, and financial transactions.



U.S. liabilities increased $765.8 billion to $34,623.6 billion, mostly reflecting increases in
portfolio investment and direct investment liabilities due to increases in U.S. equity prices and
financial transactions.

BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts,
and economic statistics for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available.
NOTE: The next release of the U.S. net international investment position will be on March 30, 2018.
Bureau of Economic Analysis, U.S. Department of Commerce