International Investment Position (IIP) · Net position, U.S. assets, U.S. liabilities and direct investment, end of quarter
What do US residents own abroad, and what do foreign residents own in the US?
The quarter ended : of the 4 lines, the change over a year was largest for US direct investment abroad, up 21.9%, and smallest for Foreign direct investment in the US, up 13.7%.
International investment position, assets and liabilities, each quarter
- US assets46,96923,902 to 46,969
- US liabilities69,38932,161 to 69,389
International investment position, direct investment, each quarter
- US direct investment abroad15,2326,897 to 15,232
- Foreign direct investment in the US15,6066,868 to 15,606
Each row is one line of the page over the last ten years, one quarter to a point, on a scale of its own, with its newest value and its range printed beside it and a dashed line at zero. A gap is a quarter with no value. Pointing at the chart shows the quarter and the value.
Observed .
Right now
Over a year to the second quarter of 2026, of the 4 lines on this page the change was largest for US direct investment abroad, up 21.9%, and smallest for Foreign direct investment in the US, up 13.7%.
Of these lines, 4 rose, 0 fell and 0 did not change over the year (ours, from the published values).
By lineOver a year, ours
International investment position, change over a year, by line
- Net position
- Assets and liabilities
- Direct investment
Each bar is the change in one line over a year, the largest first, with its rank at the left and its newest value under the figure. A line with its own page links it from its name. A change below zero runs to the left of the zero line. The colour says which section of the page a line is in.
Observed .
International investment position, change over a year in each quarter
| Line | ||||||||
|---|---|---|---|---|---|---|---|---|
| US assets | +15.4 | +4.8 | +4.3 | +10.7 | +10.0 | +20.1 | +17.0 | +18.7 |
| US liabilities | +20.5 | +12.9 | +7.6 | +11.5 | +9.4 | +12.0 | +11.4 | +13.8 |
| US direct investment abroad | +21.8 | +5.0 | +2.7 | +11.7 | +12.5 | +25.2 | +18.8 | +21.9 |
| Foreign direct investment in the US | +24.4 | +13.9 | +5.9 | +10.9 | +8.1 | +10.8 | +10.3 | +13.7 |
Each chip is one quarter's change from the same quarter a year earlier. The mark in its middle is zero: a fill to the right of it is a rise and a fill to the left a fall. A longer, brighter fill is a larger change, in five steps up to 21.8 and over. Every chip prints its figure and sign.
Observed .
Understanding net investment position
Where it stands today
The largest change over a year was US direct investment abroad, up 21.9%, in the second quarter of 2026.
What do the lines of this page measure?
The international investment position is a balance sheet of the United States against the rest of the world at the end of each quarter. The Bureau of Economic Analysis (BEA) adds up the foreign financial assets that US residents own (US assets) and the US financial assets that foreign residents own (US liabilities). The difference is the net international investment position, which is negative when the liabilities are the larger.
Read more
Direct investment is ownership of 10 percent or more of the voting power of a business in another country. US direct investment abroad is a US asset, and foreign direct investment in the United States is a US liability. The rest of the assets and liabilities are holdings of stocks and bonds, loans and deposits, and, among the assets, reserve assets.
What 500metrics adds: the change over a year of every line, ranked across the page; the last ten years of every line as rows of small charts; and a table of the change over a year in each of the last eight quarters.
The numbers behind the chart
What is the latest value of each line?5 lines, in the sections of the page
| Line | Section | Quarter | Value | Change over a year | Rank |
|---|---|---|---|---|---|
| Net investment position | Net position | $−22,420 billion | n/a | n/a | |
| US assets | Assets and liabilities | $46,969 billion | +18.7% | 2 | |
| US liabilities | Assets and liabilities | $69,389 billion | +13.8% | 3 | |
| US direct investment abroad | Direct investment | $15,232 billion | +21.9% | 1 | |
| Foreign direct investment in the US | Direct investment | $15,606 billion | +13.7% | 4 |
The table scrolls sideways; the first column stays in place.
What do these figures leave out, and how are they cited?Limits, dates and how to cite
What this number cannot tell you
- BEA publishes a quarter about three months after it ends, and revises past quarters in later releases and in an annual update. This page shows the newest estimate of every quarter, so an earlier quarter can differ from the figure first published.
- Each value is a position at the end of a quarter, not a flow. A position changes from one quarter to the next with new financial transactions, with the prices of what is held, with exchange rates and for other reasons; this page shows the level and not the reasons.
- BEA values direct investment at market value. The direct investment lines are parts of the assets and of the liabilities, not additions to them, and the net position is the assets less the liabilities.
- A percent change is not shown where the value a year earlier was zero or below, as a percent of such a number is not defined; the net position, which is negative, shows none.
- The changes and the ranks are ours, worked out from the values BEA publishes; a change is in percent.
- This product uses the Bureau of Economic Analysis (BEA) Data API but is not endorsed or certified by BEA.
Observed . Checked .
How to cite this
U.S. Bureau of Economic Analysis, International Transactions Accounts and International Investment Position, Net position, U.S. assets, U.S. liabilities and direct investment, end of quarter, through the second quarter of 2026. Compiled by 500metrics, "What do US residents own abroad, and what do foreign residents own in the US?", https://500metrics.com/net-international-investment-position.
Can the data be downloaded?net-international-investment-position.csv
Download the last ten years of every line as CSV: 205 rows, to , 13,062 bytes.
Our text and compilation: CC BY 4.0.
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