STATISTICAL PRESS RELEASE
20|2016
International Investment Position
December 2015
February 18th, 2016
Banco de Portugal publishes today, in tables A.18 of
the Statistical Bulletin and in BPstat, international in-
(for further details please refer to statistical press
release 19|2016). This increase was partially sof-
vestment position (IIP) statistics for December
2015. The data disclosed includes revisions since
January 2012, following the statistics revision policy
tened by price and exchange rate flows.
The Portuguese net external debt, which results
from IIP excluding equity and financial derivatives,
of Banco de Portugal.
At the end of 2015 the IIP was – 196 187 million euros (- 109.4 per cent of the GDP1), reflecting a posi-
reached, at the end of 2015, 182 138 million euros,
representing an increase of 0.8 billion euros comparing to 2014. In percentage of GDP, it is observed,
tive change from the -114.4 per cent registered at
the end of 2014 (Chart 1).
however, a decrease in net external debt, from
104.6 to 101.6 per cent, resulting from the GDP increase in 2015 (Chart 2).
For this change, contributed the transactions recorded in the Financial Account, which resulted in an
increase of 3.3 billion euros of net financial assets
Chart 1 • Portuguese International Investment
Position (IIP) (2015)
Chart 2 • Net External Debt and International Investment Position (2000-2015)
120%
4.000
80%
-50.000
-150.000
-196.187
-100.000
-2.000
-200.000
-4.000
-6.000
Initial Stock Transactions Price changes Exchange rate
Other
End-of-period
changes
Adjustments
stock
1
2
3
Stocks
4
Flows (right axis)
5
40%
% of GDP
0
0
Million euros
2.000
50.000
-198.416
Million euros
100.000
0%
-40%
-80%
-120%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
6
Net External Debt
International Investment Position
1 The estimation of the GDP for 2015 was calculated by the Banco de Portugal based on information released by INE, namely the volume
changes for the 4th quarter.
2
BANCO DE PORTUGAL • International Investment Position
Additional data available at:
Table A.18 of Statistical Bulletin
Statistical domain of balance of payments of BPstat|Estatísticas online
Balance of payments statistics – Methodological notes (only in Portuguese)
The statistics revision policy of Banco de Portugal
Next update: May 18th, 2016
Banco de Portugal | info@bportugal.pt