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International Investment Position of Japan (End of 2019)

International Investment Position of Japan
End of 2019

(¥ billion)

International Investment Position of Japan End of 2019
Assets Liabilities
1. Direct investment 202,833 1. Direct investment 33,871
Equity other than reinvestment of earnings 141,953 Equity other than reinvestment of earnings 18,542
Reinvestment of earnings 42,510 Reinvestment of earnings 7,788
Debt instruments 18,370 Debt instruments 7,541
2. Portfolio investment 503,134 2. Portfolio investment 396,302
Equity and investment fund shares 207,811 Equity and investment fund shares 209,923
Equity securities other than investment fund shares 96,980 Equity securities other than investment fund shares 205,808
Central bank 14
Deposit-taking corporations,
except the central bank		 532 Deposit-taking corporations,
except the central bank		 10,342
General government 7 　
Other financial corporations 91,216 Other financial corporations 9,926
Others 5,211 Others 185,539
Investment fund shares or units 110,831 Investment fund shares or units 4,116
Deposit-taking corporations,
except the central bank		 18,727
General government 21
Other financial corporations 85,911 Other financial corporations 4,116
Others 6,171 Others ―
Debt securities 295,324 Debt securities 186,379
Long-term 291,926 Long-term 118,340
Deposit-taking corporations,
except the central bank		 91,733 Deposit-taking corporations,
except the central bank		 15,058
General government 367 General government 92,917
Other financial corporations 179,406 Other financial corporations 2,944
Others 20,419 Others 7,420
Short-term 3,398 Short-term 68,039
Deposit-taking corporations,
except the central bank		 1,880 Deposit-taking corporations,
except the central bank		 1,109
General government 1 General government 66,537
Other financial corporations 788 Other financial corporations 23
Others 729 Others 370

3. Financial derivatives (other than reserves)

 34,300

3. Financial derivatives (other than reserves)

 33,304
Deposit-taking corporations,
except the central bank		 7,062 Deposit-taking corporations,
except the central bank		 7,315
General government 10 General government 14
Other financial corporations 27,227 Other financial corporations 25,939
Others 1 Others 37
4. Other investment 212,941 4. Other investment 269,728
Other equity 15,221 Other equity 1,059
Currency and deposits 18,182 Currency and deposits 49,483
Central bank 32,230
Deposit-taking corporations,
except the central bank		 5,949 Deposit-taking corporations,
except the central bank		 17,253
General government 9
Other financial corporations 7,233
Others 4,990
Loans 140,330 Loans 182,109
[Long-term] 78,352 [Long-term] 11,127
[Short-term] 61,979 [Short-term] 170,982
Central bank ―
Deposit-taking corporations,
except the central bank		 76,281 Deposit-taking corporations,
except the central bank		 102,620
General government 22,330 General government ―
Other financial corporations 39,109 Other financial corporations 76,150
Others 2,609 Others 3,339
Insurance and pension reserves 1,255 Insurance and pension reserves 246
Other financial corporations 1,192 Other financial corporations 246
Others 64
Trade credit and advances 8,531 Trade credit and advances 2,816
[Long-term] 1,500 [Long-term] 21
[Short-term] 7,031 [Short-term] 2,795
General government 1,329
Other financial corporations 19 Other financial corporations ―
Others 7,184 Others 2,816
Other accounts receivable 29,422 Other accounts payable 32,161
[Long-term] 9,025 [Long-term] 471
[Short-term] 20,397 [Short-term] 31,690
Deposit-taking corporations,
except the central bank		 17,972 Deposit-taking corporations,
except the central bank		 18,671
General government 329 General government 419
Other financial corporations 8,515 Other financial corporations 12,453
Others 2,605 Others 618
　 Special drawing rights 1,854
5. Reserve assets 144,521
Monetary gold 4,090
Special drawing rights 2,093
Reserve position in the IMF 1,223
Other reserve assets 137,116
Total assets 1,097,731 Total liabilities 733,206
Net international investment position 364,525
Central bank and general government －17,953
Sectors other than the central bank and general government 382,478
Deposit-taking corporations,
except the central bank		 48,579
Other financial corporations 311,979
Others 21,920

International Investment Position of Japan
(Ends of 2018 and 2019)

(¥ billion)

International Investment Position of Japan
(Ends of 2017 and 2019)
Assets End of
2018		 End of
2019		 Changes
from
previous
year-end		 Liabilities End of
2018		 End of
2019		 Changes
from
previous
year-end
1. Direct investment 181,882 202,833 20,952 1. Direct investment 30,683 33,871 3,188
Equity other than reinvestment of earnings 124,039 141,953 17,915 Equity other than reinvestment of earnings 16,651 18,542 1,891
Reinvestment of earnings 39,828 42,510 2,682 Reinvestment of earnings 7,268 7,788 520
Debt instruments 18,015 18,370 355 Debt instruments 6,764 7,541 777
2. Portfolio investment 450,942 503,134 52,192 2. Portfolio investment 351,191 396,302 45,112
Equity and investment fund shares 180,847 207,811 26,963 Equity and investment fund shares 176,300 209,923 33,623
Equity securities other than investment fund shares 78,500 96,980 18,480 Equity securities other than investment fund shares 172,918 205,808 32,889
Central bank 14 14 －0
Deposit-taking corporations, except the central bank 544 532 －12 Deposit-taking corporations, except the central bank 10,369 10,342 －26
General government 13 7 －6 　 　 　
Other financial corporations 73,796 91,216 17,420 Other financial corporations 8,661 9,926 1,265
Others 4,133 5,211 1,078 Others 153,888 185,539 31,651
Investment fund shares or units 102,347 110,831 8,484 Investment fund shares or units 3,382 4,116 733
Deposit-taking corporations, except the central bank 19,704 18,727 －977
General government 16 21 5
Other financial corporations 77,255 85,911 8,656 Other financial corporations 3,382 4,116 733
Others 5,372 6,171 799 Others ― ― ―
Debt securities 270,095 295,324 25,229 Debt securities 174,890 186,379 11,489
Long-term 265,532 291,926 26,394 Long-term 102,544 118,340 15,796
Deposit-taking corporations, except the central bank 82,370 91,733 9,364 Deposit-taking corporations, except the central bank 13,119 15,058 1,939
General government 400 367 －33 General government 79,588 92,917 13,329
Other financial corporations 162,422 179,406 16,985 Other financial corporations 2,727 2,944 218
Others 20,340 20,419 79 Others 7,110 7,420 310
Short-term 4,564 3,398 －1,166 Short-term 72,347 68,039 －4,307
Deposit-taking corporations, except the central bank 2,586 1,880 －706 Deposit-taking corporations, except the central bank 648 1,109 462
General government 2 1 －1 General government 71,234 66,537 －4,696
Other financial corporations 965 788 －177 Other financial corporations 19 23 4
Others 1,012 729 －283 Others 446 370 －76

3. Financial derivatives (other than reserves)

 32,137 34,300 2,163

3. Financial derivatives (other than reserves)

 30,698 33,304 2,607
Deposit-taking corporations, except the central bank 6,713 7,062 349 Deposit-taking corporations, except the central bank 6,822 7,315 493
General government 6 10 4 General government 19 14 －5
Other financial corporations 25,419 27,227 1,809 Other financial corporations 23,788 25,939 2,151
Others ― 1 1 Others 69 37 －33
4. Other investment 212,809 212,941 132 4. Other investment 264,026 269,728 5,702
Other equity 11,937 15,221 3,285 Other equity 964 1,059 94
Currency and deposits 17,102 18,182 1,079 Currency and deposits 42,117 49,483 7,365
Central bank 25,139 32,230 7,091
Deposit-taking corporations, except the central bank 5,067 5,949 882 Deposit-taking corporations, except the central bank 16,978 17,253 274
General government 16 9 －7
Other financial corporations 7,236 7,233 －2
Others 4,783 4,990 207
Loans 138,951 140,330 1,379 Loans 177,275 182,109 4,835
[Long-term] 75,140 78,352 3,211 [Long-term] 11,460 11,127 －333
[Short-term] 63,811 61,979 －1,832 [Short-term] 165,814 170,982 5,168
Central bank ― ― ―
Deposit-taking corporations, except the central bank 80,474 76,281 －4,192 Deposit-taking corporations, except the central bank 99,061 102,620 3,559
General government 22,556 22,330 －226 General government ― ― ―
Other financial corporations 33,804 39,109 5,305 Other financial corporations 75,469 76,150 681
Others 2,116 2,609 493 Others 2,745 3,339 594
Insurance and pension reserves 1,006 1,255 249 Insurance and pension reserves 228 246 18
Other financial corporations 951 1,192 241 Other financial corporations 228 246 18
Others 55 64 8
Trade credit and advances 8,603 8,531 －72 Trade credit and advances 2,732 2,816 84
[Long-term] 1,099 1,500 401 [Long-term] 47 21 －26
[Short-term] 7,504 7,031 －474 [Short-term] 2,686 2,795 109
General government 880 1,329 449
Other financial corporations 14 19 4 Other financial corporations 0 ― －0
Others 7,709 7,184 －526 Others 2,732 2,816 84
Other accounts receivable 35,210 29,422 －5,788 Other accounts payable 38,823 32,161 －6,662
[Long-term] 10,142 9,025 －1,117 [Long-term] 645 471 －174
[Short-term] 25,068 20,397 －4,672 [Short-term] 38,178 31,690 －6,488
Deposit-taking corporations, except the central bank 19,746 17,972 －1,774 Deposit-taking corporations, except the central bank 21,750 18,671 －3,079
General government 330 329 －0 General government 415 419 4
Other financial corporations 12,949 8,515 －4,434 Other financial corporations 16,297 12,453 －3,844
Others 2,185 2,605 420 Others 361 618 257
Special drawing rights 1,887 1,854 －32
5. Reserve assets 140,276 144,521 4,245
Monetary gold 3,481 4,090 609
Special drawing rights 2,041 2,093 52
Reserve position in the IMF 1,266 1,223 －43
Other reserve assets 133,488 137,116 3,627
Total assets 1,018,047 1,097,731 79,684 Total liabilities 676,597 733,206 56,609
Net international investment position 341,450 364,525 23,076
Central bank and general government －6,906 －17,953 －11,047
Sectors other than the central bank and general government 348,356 382,478 34,123
Deposit-taking corporations, except the central bank 49,204 48,579 －625
Other financial corporations 265,931 311,979 46,048
Others 33,220 21,920 －11,300

Figures in "Others" include figures of nonfinancial corporations, households, and nonprofit institutions serving households.

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