List of creditor nations by net international investment position per capita

This is a list of the top creditor nations of the world sorted by their net international investment positions (NIIPs) per capita. A creditor nation is a sovereign state that has a positive NIIP, i.e. a country that has net external assets, NOT net external liabilities.[1]

The table uses the latest available data, mostly from websites approved by the International Monetary Fund,[2] and includes Taiwan and Hong Kong because of their special economic statuses.

The 6 Gulf Cooperation Council countries are widely considered to be creditor nations (and perhaps some of the largest ones), but because of Islamic sensitivities about credit and debt, they seldom report their external assets and liabilities.[3][4]

Rank Country External Assets
(in millions)
External Liabilities
(in millions)
NIIP
(in millions)
NIIP
(in USD)
Ref. Population Ref. Per Capita
(in USD)
As of
1  Singapore[5] SGD 4,150,370.8 SGD 3,306,317.3 SGD 844,053.5 596,858,559,145 [6] 3,902,700 [7] 152,935 Dec. 2015
2  Norway[8] NOK 12,994,059 NOK 6,785,470 NOK 6,208,589 701,964,590,784 [9] 5,213,985 134,631 Dec. 2015
3  Hong Kong[10] HKD 33,436,403 HKD 25,848,216 HKD 7,588,187 979,048,895,759 [11] 7,324,300 [12] 133,671 Dec. 2015
4   Switzerland[13] CHF 4,260,301 CHF 3,651,607 CHF 608,694 607,782,326,510 [14] 8,325,200 [15] 73,005 Dec. 2015
5  Taiwan[16] USD 1,634,712 USD 580,807 USD 1,053,905 1,053,905,000,000 23,492,074 [17] 44,862 Dec. 2015
6  Luxembourg[18] EUR 9,470,480.534 EUR 9,454,005.815 EUR 16,474.719 17,887,096,660 [19] 576,200 [20] 31,043 Dec. 2015
7  Netherlands[21] EUR 7,583,186.1 EUR 7,171,831.9 EUR 411,354.2 446,619,595,566 [19] 16,980,049 [22] 26,303 Dec. 2015
8  Belgium[23] EUR 1,973,000 EUR 1,719,000 EUR 254,000 275,775,420,000 [19] 11,268,000 [24] 24,474 Dec. 2015
9  Japan[25][26] JPY 948,729,000 JPY 609,466,000 JPY 339,263,000 2,812,543,005,181 [27] 127,043,000 [28][29] 22,139 Dec. 2015
10  Denmark[30] DKK 5,924,000 DKK 5,090,000 DKK 834,000 121,352,159,894 [31] 5,707,300 [32] 21,263 Dec. 2015
11  Germany[33] EUR 7,903,800 EUR 6,415,600 EUR 1,488,200 1,615,783,386,000 [19] 81,770,900 [34] 19,760 Dec. 2015
12  Malta[35][36] EUR 223,234.8 EUR 218,747.7 EUR 4,487.1 4,871,779,083 [19] 429,344 11,347 Dec. 2015
13  Mauritius[37] MUR 14,003,705 MUR 13,577,066 MUR 426,639 13,474,115,388 [38] 1,261,721 [39] 10,679 Dec. 2014
14  Israel[40] USD 353,409.127 USD 284,871.365 USD 68,537.762 68,537,762,000 8,464,200 [41] 8,097 Dec. 2015
15  South Korea[42] USD 1,139,900 USD 941,100 USD 198,800 198,800,000,000 50,617,000 [43] 3,928 Dec. 2015
16  Russia[44][45] USD 1,145,789 USD 831,921 USD 313,868 313,868,000,000 146,500,000 2,142 Dec. 2015
17  China[46] USD 6,218,905.405 USD 4,622,452.390 USD 1,596,453.015 1,596,453,015,000 1,367,820,000 [47] 1,167 Dec. 2015

References

  1. Creditor Nation Definition | Investopedia
  2. "IMF--Dissemination Standards Bulletin Board (DSBB)--Subscribing Countries--Special Data Dissemination Standard (SDDS)--International Investment Position (IIP) data"
  3. http://www.thenational.ae/business/industry-insights/markets/new-questions-for-a-new-year-on-uaes-surging-markets
  4. https://www.stratfor.com/analysis/gcc-states-eyeing-opportunities-global-financial-crisis
  5. "Statistics Singapore - IMF Special Data Dissemination Standard - Economic and Financial Data for Singapore"
  6. Based on USD/SGD rate of 1.41416 as at 31 December 2015
  7. "Statistics Singapore - Latest Data" for Singapore Residents, i.e. citizens and permanent residents In Singapore's case, the non-resident population is about 30% of the total population (which is highly significant, compared to the much lower proportion of non-residents living in the other countries in this list); so the non-resident population (the vast majority of whom are temporary foreign workers), which has no share in Singapore's net external assets, should be excluded.
  8. "Statistics Norway: Economic and Financial Data for Norway"
  9. Based on USD/NOK rate of 8.84459 as at 31 December 2015
  10. "Table 045 : International Investment Position | Census and Statistics Department - The Government of the Hong Kong Special Administrative Region"
  11. Based on USD/HKD rate of 7.75057 as at 31 December 2015
  12. "Population Estimates - Overview | Census and Statistics Department - The Government of the Hong Kong Special Administrative Region"
  13. Switzerland’s international investment position – Overview – Quarter - Swiss National Bank, Zurich (Switzerland)
  14. Based on USD/CHF rate of 1.0015 as at 31 December 2015
  15. "Swiss Statistics - Overview - Population size"
  16. http://www.cbc.gov.tw/public/Data/661516275171.pdf
  17. http://sowf.moi.gov.tw/stat/month/m1-01.xls
  18. "Banque centrale du Luxembourg - International investment position of Luxembourg"
  19. 1 2 3 4 5 Based on EUR/USD rate of 1.08573 as at 31 December 2015
  20. "Statistics Portal // Luxembourg - Population by sex and nationality"
  21. "Balance of payments and international investment position - De Nederlandsche Bank" ("T12.12 Net external assets; Yearly/Quarterly")
  22. "CBS StatLine - Population and population dynamics; month, quarter and year"
  23. "National Bank of Belgium - International Investment Position"
  24. "National Bank of Belgium - Population"
  25. "International Investment Position : Ministry of Finance (Japan)"
  26. International Investment Position of Japan (End of 2015) - Ministry of Finance (Japan)
  27. Based on USD/JPY rate of 120.625 as at 31 December 2015
  28. "Statistics Bureau Home Page/Result of the Population Estimates"
  29. "Population Estimates by Age (5 Year Age Group) and Sex - January 1, 2016(Final estimates)"
  30. "Denmark: Economic and financial data"
  31. Based on USD/DKK rate of 6.87256 as at 31 December 2015
  32. "Population at the first day of the quarter - StatBank Denmark - data and statistics"
  33. "Deutsche Bundesbank - International investment position"
  34. "State & society - Current population - Population based on the 2011 Census - Federal Statistical Office (Destatis)"
  35. "Economic and Financial Data For Malta"
  36. "The International Investment Position of Malta"
  37. "Bank of Mauritius - The Central Bank of Mauritius - International Investment Position: External Assets and Liabilities as at end of 2014"
  38. Based on USD/MUR rate of 31.6636 as at 31 December 2014
  39. Statistics Mauritius - Population and Vital Statistics Year 2014
  40. "Bank of Israel - Data & Statistics - Subject Page" ("External Sector > International investment position")
  41. "The Central Bureau of Statistics (Israel)-Time Series-DataBank-Population"
  42. "Bank of Korea - International Investment Position (IIP) at the end of 2015 (preliminary)"
  43. "Population Projections for Provinces (2013~2040)" (pdf). Statistics Korea. 1 December 2015.
  44. "Ministry of Finance of the Russian Federation:: National Summary Data Page (NSDP)"
  45. http://www.cbr.ru/eng/statistics/?Prtid=svs
  46. "The time-series data of International Investment Position of China"
  47. "National Bureau of Statistics of China - Population"
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