July 5, 2017

The U.S. net international investment position increased to −$8,141.2 billion (preliminary) at the end of the first quarter of 2017 from −$8,318.4 billion (revised) at the end of the fourth quarter of 2016.*

  • The net investment position increased 2.1 percent in the first quarter, compared with a decrease of 3.5 percent in the fourth quarter and an average quarterly decrease of 5.7 percent from the first quarter of 2011 through the third quarter of 2016.
  • U.S. assets increased $983.8 billion to $24,833.2 billion, reflecting a $1,246.1 billion increase in assets excluding financial derivatives that was partly offset by a $262.3 billion decrease in financial derivatives. The increase in assets excluding financial derivatives mostly reflected increases in portfolio investment and direct investment assets.
  • U.S. liabilities increased $806.6 billion to $32,974.5 billion, reflecting a $1,049.2 billion increase in liabilities excluding financial derivatives that was partly offset by a $242.6 billion decrease in financial derivatives. The increase in liabilities excluding financial derivatives mostly reflected increases in portfolio investment and direct investment liabilities.

For more information, read the full report.

*This blog was republished to reflect updated numbers. The net international investment position in the first quarter now stands at a negative $8.1 trillion. The blog published on June 28 reported the net international investment position as a negative $8.2 trillion.