International investment position and external debt
The data capture residents’ assets and liabilities vis-à-vis non-residents and vice versa. These figures are calculated over time based on balance of payments transactions and valuation changes.
International investment position
Coming in at a record level of €268 billion, Germany’s net international investment position as at year-end 2018 exceeded the €2 trillion threshold. Moreover, a new all-time high of 61% was reached, relative to gross domestic product (GDP).