U.S. International Investment Position, First Quarter 2020, Year 2019, and Annual Update

End of 1st quarter 2020:
-$12.06 trillion
End of 4th quarter 2019:
-$11.05 trillion
End of year 2019:
-$11.05 trillion
End of year 2018:
-$9.67 trillion

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$12.06 trillion at the end of the first quarter of 2020, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $26.77 trillion and liabilities were $38.82 trillion. At the end of the fourth quarter of 2019, the net investment position was –$11.05 trillion.

The June 30, 2020 release institutes improved standard IIP tables. For a description of the changes, see “Preview of the 2020 Annual Update of the International Economic Accounts” in the April 2020 issue of the Survey of Current Business and “Blog: Table Changes Coming With Annual Update of International Statistics."
  • Current Release: June 30, 2020
  • Next Release: September 29, 2020
  • Data Archive Previously published estimates contain historical data and have since been revised. Please contact the International program area with questions.
  • News Release Archive

What is the international investment position?

The accumulated value of U.S.-owned financial assets in other countries and U.S. liabilities to residents of other countries at the end of each quarter. The difference between assets and liabilities is the U.S. net international investment position. 

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