Taiwan's International Investment Position, 2013
PRESS RELEASE Release Date: June 13, 2014
Taiwan's International Investment Position, 2013
A country's international investment position is the balance sheet of the stock of residents' financial assets and liabilities to the rest of the world.
At the end of 2013, Taiwan's total external assets grew by US$131.2 billion, or 10.0%, to US$1,437.9 billion, compared to the end of 2012. This was mainly attributable to increases both in banks' deposits with overseas branches and in investment in overseas debt securities by insurance companies.
Taiwan's total external liabilities at the end of 2013 stood at US$587.0 billion, increasing by US$86.3 billion, or 17.3%, from the end of the previous year. This was due to an increase in foreign borrowings of the banking sector, as well as net inflows of foreign equity investment and rising local share prices.
As of the end of 2013, Taiwan's international investment continued to record a net asset position of US$850.9 billion, increasing by US$44.9 billion or 5.6% over the end of the previous year. Taiwan currently ranks as the 5th largest net creditor in the world.
Notes: 1.The next international investment position data will be released at 16:20 on June 15, 2015.
2.For the release schedule for the coming months, please visit http://www.cbc.gov.tw/ct.asp?xItem=30164&ctNode=515&mp=2.