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The Net International Investment Position Increased by 607.6mln

The net international investment position (IIP) of Georgia amounted to -17.5 billion USD (-39.3 billion GEL) for June 30 2015. This is -112.3 percent of Georgia’s GDP.

This figure has increased by 607.6 million USD compared to the second quarter of 2014, and by 356.7 million USD compared to the previous quarter. Transactions and other changes were negative during the quarter, while exchange rate and price changes were positive.

International assets increased by 305.5 million USD during the quarter and by 500.3 million USD compared to the second quarter of 2014. Total assets amounted to 6.4 billion USD (14.3 billion GEL) by the end of second quarter.

Liabilities increased by 662.2 million USD compared to the previous quarter and by 1.1 billion USD compared to the second quarter of last year. Total liabilities amounted to 23.8 billion USD (53.6 billion GEL).