International investment position in EUR - quarterly
QUARTERLY INTERNATIONAL INVESTMENT POSITION 2025
(preliminary data - 22.12.2025)
| millions of EUR | 31.3.2025 | 30.6.2025 | 30.9.2025 | 31.12.2025 |
|---|---|---|---|---|
| 0-Net International Investment Position | -27898,9 | -33609,3 | -33201,7 | |
| assets | 393170,5 | 393625,2 | 412272,6 | |
| liabilities | 421069,3 | 427234,5 | 445474,4 | |
| 1-Direct investment | -141904 | -145135,3 | -149717,8 | |
| assets | 105388,7 | 105115,3 | 107150,8 | |
| liabilities | 247292,7 | 250250,6 | 256868,6 | |
| 1.1-Equity and investment fund shares | -122591,3 | -122812,7 | -127428,7 | |
| assets | 65783,5 | 66700,9 | 67492,2 | |
| liabilities | 188374,8 | 189513,6 | 194921 | |
| 1.1.1-Direct investor in direct investment enterprises | -122591,3 | -122812,7 | -127428,7 | |
| assets | 65783,5 | 66700,9 | 67492,2 | |
| liabilities | 188374,8 | 189513,6 | 194921 | |
| 1.1.2-Direct investment enterprises in direct investor (reverse investment) | 0 | 0 | 0 | |
| assets | 0 | 0 | 0 | |
| liabilities | 0 | 0 | 0 | |
| 1.1.3-Between fellow enterprises | 0 | 0 | 0 | |
| assets | 0 | 0 | 0 | |
| liabilities | 0 | 0 | 0 | |
| 1.2-Debt instruments | -19312,7 | -22322,6 | -22289 | |
| assets | 39605,1 | 38414,4 | 39658,6 | |
| liabilities | 58917,8 | 60737 | 61947,6 | |
| 1.2.1-Direct investor in direct investment enterprises | -27174,3 | -28090,8 | -28522,4 | |
| assets | 9050,8 | 9217,8 | 9146,2 | |
| liabilities | 36225,1 | 37308,6 | 37668,6 | |
| 1.2.2-Direct investment enterprises in direct investor (reverse investment) | 10228,8 | 9057,1 | 8538,5 | |
| assets | 14736,1 | 13857 | 13224,3 | |
| liabilities | 4507,3 | 4799,9 | 4685,8 | |
| 1.2.3-Between fellow enterprises | -2367,2 | -3288,9 | -2305 | |
| assets | 15818,2 | 15339,6 | 17288,1 | |
| liabilities | 18185,4 | 18628,6 | 19593,1 | |
| 2-Portfolio investment | -9569,1 | -14850,3 | -14465,9 | |
| assets | 56814,6 | 58873,6 | 64781,1 | |
| liabilities | 66383,7 | 73723,9 | 79247 | |
| 2.1-Equity and investment fund shares | 24701 | 26340,2 | 28833,5 | |
| assets | 39719,4 | 41683,2 | 45647,8 | |
| liabilities | 15018,4 | 15343 | 16814,3 | |
| 2.2-Debt securities | -34270,1 | -41190,5 | -43299,4 | |
| assets | 17095,2 | 17190,4 | 19133,3 | |
| liabilities | 51365,3 | 58380,9 | 62432,7 | |
| 3-Financial derivatives (other than reserves) and employee stock options | -142,7 | 175,8 | 487,6 | |
| assets | 5800,9 | 6110,2 | 6176,8 | |
| liabilities | 5943,6 | 5934,4 | 5689,2 | |
| 4-Other investment | -15928,8 | -12011,8 | -14989 | |
| assets | 85520,6 | 85313,8 | 88680,6 | |
| liabilities | 101449,3 | 97325,6 | 103669,6 | |
| 4.1-Other equity | 859,9 | 854,2 | 882,9 | |
| assets | 859,9 | 854,2 | 882,9 | |
| liabilities | 0 | 0 | 0 | |
| 4.2-Currency and deposits | -25706,3 | -24713,6 | -29636,6 | |
| assets | 33673,5 | 33424,8 | 34344,4 | |
| liabilities | 59379,8 | 58138,4 | 63981 | |
| 4.3-Loans | 1038,3 | 4443,8 | 5268,3 | |
| assets | 24153,3 | 25779,9 | 26916 | |
| liabilities | 23115 | 21336,1 | 21647,7 | |
| 4.4-Insurance, pension, and standardized guarantee schemes | 279,4 | 241,6 | 192,4 | |
| assets | 2100,5 | 2025,6 | 1968 | |
| liabilities | 1821,1 | 1784 | 1775,6 | |
| 4.5-Trade credits and advances | 13323,5 | 12681,9 | 12968,7 | |
| assets | 23649 | 22179,3 | 23441,4 | |
| liabilities | 10325,5 | 9497,5 | 10472,7 | |
| 4.6-Other accounts receivable or payable | -2206,6 | -2155,3 | -1317,8 | |
| assets | 1084,4 | 1050 | 1127,9 | |
| liabilities | 3291 | 3205,3 | 2445,7 | |
| 4.7-Special drawing rights (Net incurrence of liabilities) | -3517 | -3364,4 | -3347 | |
| 5-Reserve assets | 139645,7 | 138212,3 | 145483,3 | |
| 5.1-Monetary gold | 5143,2 | 5567,7 | 6997,8 | |
| 5.2-Special drawing rights | 3147,3 | 3012,6 | 2999,5 | |
| 5.3-Reserve position in the IMF | 672,8 | 713,2 | 659,4 | |
| 5.4-Other reserve assets | 130682,4 | 128918,8 | 134826,7 |
Note: Figures may not add up due to rounding.
The time series is available in the ARAD system