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U.S. Net International Investment Position

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By recent estimates, the net international investment position of the U.S. was –$2.4 trillion in 2003, or –22.1% of our GDP. This amount is the difference between U.S.-owned assets abroad ($7.2 trillion) and foreignowned assets in the U.S. ($9.6 trillion). Most of these assets are held in relatively liquid forms, such as corporate bonds, stocks, government securities, and bank accounts.

Suggested citation: "U.S. Net International Investment Position." Federal Reserve Bank of Cleveland, Economic Trends, no. 04-08, p. 8, 08.01.2004.

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