The U.S. nett world finance position, nan quality betwixt U.S. residents' overseas financial assets and liabilities, was –$16.71 trillion astatine nan extremity of nan 3rd 4th of 2022, according to statistic released coming by nan U.S. Bureau of Economic Analysis. Assets totaled $29.73 trillion, and liabilities were $46.44 trillion. At nan extremity of nan 2nd quarter, nan nett finance position was –$16.29 trillion (revised). The nett finance position and components of assets and liabilities are presented successful table 1 XLSX.
The –$425.0 cardinal alteration successful nan nett finance position from nan 2nd 4th to nan 3rd 4th came from nett financial transactions of –$269.5 cardinal and nett different changes successful position, specified arsenic value and exchange-rate changes, of –$155.4 billion. Net different changes mostly reflected world banal value decreases and nan depreciation of awesome overseas currencies against nan U.S. dollar that lowered nan worth of U.S. assets much than U.S. liabilities, successful dollar position (table A).
Table A. Quarterly Change successful nan U.S. Net International Investment Position
[Billions of dollars, not seasonally adjusted]
|End of 4th position,
|Change successful position successful 2022:Q3||End of 4th position,
in position 1
|U.S. nett world finance position||–16,285.8||–425.0||–269.5||–155.4||–16,710.8|
|Net position excluding financial derivatives||–16,357.3||–471.9||–235.6||–236.4||–16,829.2|
|Financial derivatives different than reserves, net||71.4||47.0||–33.9||80.9||118.4|
|Assets excluding financial derivatives||28,588.7||–1,685.0||436.7||–2,121.7||26,903.7|
|Financial derivatives different than reserves||2,405.7||421.3||(2)||(2)||2,826.9|
|Liabilities excluding financial derivatives||44,945.9||–1,213.0||672.3||–1,885.4||43,732.9|
|Financial derivatives different than reserves||2,334.2||374.3||(2)||(2)||2,708.5|
1. Disaggregation of different changes successful position into value changes, exchange-rate changes, and different changes successful measurement and valuation is presented for yearly statistic released successful March and revised successful June each year.
2. Financial transactions and different changes successful financial derivatives positions are disposable connected a nett basis; they are not separately disposable for U.S. assets and U.S. liabilities.
U.S. Bureau of Economic Analysis
U.S. assets decreased by $1.26 trillion to a full of $29.73 trillion astatine nan extremity of nan 3rd quarter, reflecting decreases successful portfolio finance and nonstop finance assets that were partially offset by increases successful financial derivatives. Portfolio finance assets decreased by $920.0 cardinal to $12.86 trillion, and nonstop finance assets decreased by $639.3 cardinal to $8.38 trillion, driven chiefly by overseas banal value decreases and by depreciation of awesome currencies against nan U.S. dollar that lowered nan marketplace worth of these assets successful dollar terms. Financial derivatives accrued by $421.3 cardinal to $2.83 trillion, driven by increases successful single-currency liking complaint contracts and successful overseas speech contracts.
U.S. liabilities decreased by $838.7 cardinal to a full of $46.44 trillion astatine nan extremity of nan 3rd quarter, reflecting decreases successful portfolio finance and nonstop finance liabilities that were partially offset by increases successful financial derivatives. Portfolio finance liabilities decreased by $742.3 cardinal to $23.94 trillion, driven chiefly by U.S. banal and enslaved value decreases. Direct finance liabilities decreased by $531.3 cardinal to $11.54 trillion, driven chiefly by U.S. banal value decreases that lowered nan marketplace worth of these liabilities. Financial derivatives accrued by $374.3 cardinal to $2.71 trillion, driven by increases successful single-currency liking complaint contracts and successful overseas speech contracts.
Table B. Updates to Second-Quarter 2022 International Investment Position Aggregates
[Trillions of dollars, not seasonally adjusted]
|U.S. nett world finance position||–16.31||–16.29|
U.S. Bureau of Economic Analysis
Next release: March 29, 2023, astatine 8:30 a.m. EDT
U.S. International Investment Position, 4th Quarter and Year 2022
|4th Quarter and Year 2022||March 29|
|1st Quarter 2023 and Annual Update||June 28|
|2nd Quarter 2023||September 27|
|3rd Quarter 2023||December 28|