International investment position

Q4/2016

Foreign assets totalled 3,837 b.kr. at the end of the quarter, while foreign liabilities totalled 3,811 b.kr. The net position is therefore positive by 26 b.kr., or roughly 1.1% of GDP. The net position improved by 36 b.kr., or 1.5% of GDP, between quarters.

Net financial transactions improved the international investment position by approximately 113 b.kr., as liabilities declined by 113 b.kr. and foreign assets did not change as a result of financial transactions.

Price and exchange rate movements had a negative impact on the international investment position in the amount of 79 b.kr. during the quarter. The króna appreciated against most other major currencies during the quarter, or by 5.8% in terms of the trade-weighted index.


Supervisor: Statistics | bop@sedlabanki.is