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Japan's International Investment Position at Year-End 2008

Department, International

Bank of Japan 2009

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  • Title:
    Japan's International Investment Position at Year-End 2008
  • Author/Creator: Department, International
  • Publisher: Bank of Japan
  • Creation Date: 2009
  • Subjects: Food supply Developing countries.
  • Description: Japan's international investment position (IIP) recorded net assets -- i.e., external financial assets of residents in Japan minus external financial liabilities of residents in Japan -- of 225.5 trillion yen at year-end 2008. This represents a decrease of 24.7 trillion yen or 9.9 percent from the previous year-end, marking the first decrease in three years. The decrease was mainly due to a large decline in the yen value of foreign currency-denominated assets resulting from the significant appreciation of the yen.