Direct investment, Net incurrence of liabilities, Liabilities (US dollar) by country
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.
Countries reporting
196
Highest
297.06 billion
United States of America
Lowest
-92.96 billion
Switzerland
Median
942.04 million
Years covered
20
2005–2024
Data points
3,846
What the numbers show
Direct investment, Net incurrence of liabilities, Liabilities (US dollar) is currently reported for 196 countries. The highest value is 297.06 billion in United States of America; the lowest is -92.96 billion in Switzerland.
The median across all reporting countries is 942.04 million, and the mean is 7.72 billion.
The gap between the highest and lowest reporting country is a factor of about 3.
Over the past decade 96 countries rose and 94 fell. The largest increase was in Malta (up 27,220.0%), and the largest decrease in Papua New Guinea (down 773.7%).
Direct investment, Net incurrence of liabilities, Liabilities: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | United States of America | 297.06 billion | 2024 | up 17.9% | rising |
| 2 | Luxembourg | 155.27 billion | 2024 | down 16.6% | volatile |
| 3 | Singapore | 151.94 billion | 2024 | up 121.2% | volatile |
| 4 | Hong Kong (China) | 117.03 billion | 2024 | down 9.9% | rising |
| 5 | Brazil | 74.09 billion | 2024 | down 15.5% | rising |
| 6 | Canada | 58.80 billion | 2024 | down 8.4% | falling |
| 7 | Australia | 53.95 billion | 2024 | down 14.6% | rising |
| 8 | France | 52.05 billion | 2024 | up 928.0% | volatile |
| 9 | Germany | 47.60 billion | 2024 | up 174.2% | rising |
| 10 | Egypt | 46.58 billion | 2024 | up 909.9% | volatile |
| 11 | Mexico | 45.33 billion | 2024 | up 59.4% | rising |
| 12 | Spain | 42.78 billion | 2024 | up 33.8% | rising |
| 13 | Malta | 42.59 billion | 2024 | up 27,220.0% | volatile |
| 14 | Sweden | 31.60 billion | 2024 | up 623.2% | volatile |
| 15 | India | 27.14 billion | 2024 | down 21.5% | rising |
| 16 | Italy | 26.90 billion | 2024 | up 58.0% | volatile |
| 17 | Indonesia | 24.11 billion | 2024 | down 4.0% | rising |
| 18 | Saudi Arabia | 21.34 billion | 2024 | up 1,314.0% | volatile |
| 19 | Poland | 20.61 billion | 2024 | down 1.3% | rising |
| 20 | Viet Nam | 20.17 billion | 2024 | up 119.2% | rising |
| 21 | China (People’s Republic of) | 18.56 billion | 2024 | down 93.1% | flat |
| 22 | Denmark | 18.54 billion | 2024 | up 181.9% | volatile |
| 23 | Japan | 17.17 billion | 2024 | down 13.1% | volatile |
| 24 | Malaysia | 15.59 billion | 2024 | up 46.8% | rising |
| 25 | Korea | 15.23 billion | 2024 | up 64.2% | rising |
| 26 | Israel | 14.78 billion | 2024 | up 144.3% | rising |
| 27 | Thailand | 14.30 billion | 2024 | up 187.5% | volatile |
| 28 | Colombia | 14.27 billion | 2024 | down 11.7% | rising |
| 29 | Austria | 13.66 billion | 2024 | up 699.3% | volatile |
| 30 | Portugal | 13.49 billion | 2024 | up 7.8% | rising |
| 31 | Czechia | 13.05 billion | 2024 | up 61.4% | rising |
| 32 | Chile | 12.52 billion | 2024 | down 51.0% | rising |
| 33 | Oman | 12.47 billion | 2024 | up 869.1% | volatile |
| 34 | Türkiye | 11.74 billion | 2024 | down 12.0% | falling |
| 35 | Argentina | 11.64 billion | 2024 | up 129.9% | volatile |
| 36 | Norway | 11.54 billion | 2024 | up 256.1% | volatile |
| 37 | Chinese Taipei | 11.09 billion | 2024 | up 292.2% | volatile |
| 38 | Philippines | 9.44 billion | 2024 | up 64.5% | volatile |
| 39 | Mauritius | 8.94 billion | 2024 | down 66.9% | volatile |
| 40 | Finland | 8.74 billion | 2024 | down 50.2% | volatile |
| 41 | Romania | 7.16 billion | 2024 | up 85.0% | rising |
| 42 | Peru | 6.80 billion | 2024 | up 59.5% | rising |
| 43 | Cayman Islands | 6.79 billion | 2023 | up 152.8% | volatile |
| 44 | Greece | 6.74 billion | 2024 | up 150.0% | volatile |
| 45 | Serbia | 5.59 billion | 2024 | up 179.4% | rising |
| 46 | Costa Rica | 5.30 billion | 2024 | up 63.4% | rising |
| 47 | Slovakia | 5.01 billion | 2024 | up 1,480.6% | volatile |
| 48 | Ireland | 4.82 billion | 2024 | down 95.4% | volatile |
| 49 | Senegal | 4.79 billion | 2023 | up 1,438.4% | volatile |
| 50 | Lithuania | 4.70 billion | 2024 | up 1,215.4% | volatile |
| 51 | Croatia | 4.67 billion | 2024 | up 46.4% | volatile |
| 52 | Dominican Republic | 4.48 billion | 2024 | up 87.6% | rising |
| 53 | Cambodia | 4.39 billion | 2024 | up 137.1% | volatile |
| 54 | Ethiopia | 4.02 billion | 2024 | up 116.8% | volatile |
| 55 | Ukraine | 4.02 billion | 2024 | up 374.4% | volatile |
| 56 | Mozambique | 3.51 billion | 2024 | down 29.8% | volatile |
| 57 | United Kingdom of Great Britain and Northern Ireland | 3.50 billion | 2024 | down 94.0% | volatile |
| 58 | Bulgaria | 3.48 billion | 2024 | up 217.8% | volatile |
| 59 | Uganda | 3.26 billion | 2024 | up 207.8% | volatile |
| 60 | Panama | 3.24 billion | 2024 | down 35.0% | volatile |
| 61 | Congo, Democratic Republic of the | 2.92 billion | 2024 | up 94.4% | volatile |
| 62 | Uzbekistan | 2.85 billion | 2024 | up 252.6% | volatile |
| 63 | Mongolia | 2.78 billion | 2024 | up 723.7% | volatile |
| 64 | Pakistan | 2.73 billion | 2024 | up 44.4% | volatile |
| 65 | Bahrain | 2.70 billion | 2024 | up 78.0% | volatile |
| 66 | Iceland | 2.70 billion | 2024 | up 252.1% | volatile |
| 67 | Côte d'Ivoire | 2.49 billion | 2023 | up 509.7% | volatile |
| 68 | South Africa | 2.33 billion | 2024 | down 59.8% | volatile |
| 69 | Kazakhstan | 1.98 billion | 2024 | down 72.9% | volatile |
| 70 | Namibia | 1.97 billion | 2024 | up 343.0% | volatile |
| 71 | Slovenia | 1.87 billion | 2024 | up 83.2% | volatile |
| 72 | Guatemala | 1.85 billion | 2024 | up 31.3% | volatile |
| 73 | Ghana | 1.77 billion | 2024 | down 47.5% | rising |
| 74 | New Zealand | 1.76 billion | 2024 | down 45.9% | volatile |
| 75 | Belarus | 1.74 billion | 2024 | down 6.7% | rising |
| 76 | Myanmar | 1.74 billion | 2019 | up 60.9% | volatile |
| 77 | Tanzania, United Republic of | 1.72 billion | 2024 | up 21.3% | rising |
| 78 | Albania | 1.71 billion | 2024 | up 48.7% | rising |
| 79 | Morocco | 1.64 billion | 2024 | down 53.5% | falling |
| 80 | Jordan | 1.63 billion | 2024 | down 25.0% | falling |
| 81 | Georgia | 1.60 billion | 2024 | down 12.7% | rising |
| 82 | Venezuela, Bolivarian Republic of | 1.59 billion | 2016 | up 701.5% | volatile |
| 83 | Bangladesh | 1.54 billion | 2024 | down 39.4% | rising |
| 84 | Latvia | 1.51 billion | 2024 | up 44.9% | volatile |
| 85 | Syrian Arab Republic | 1.47 billion | 2010 | up 193.8% | volatile |
| 86 | Macau (China) | 1.45 billion | 2024 | down 40.3% | volatile |
| 87 | Mauritania | 1.44 billion | 2024 | up 186.6% | volatile |
| 88 | Guinea | 1.40 billion | 2024 | up 2,000.6% | volatile |
| 89 | Nicaragua | 1.35 billion | 2024 | up 25.6% | rising |
| 90 | Honduras | 1.31 billion | 2024 | down 23.2% | rising |
| 91 | Algeria | 1.23 billion | 2024 | down 18.4% | volatile |
| 92 | Zambia | 1.18 billion | 2024 | down 21.9% | volatile |
| 93 | Nigeria | 1.08 billion | 2024 | down 77.0% | volatile |
| 94 | North Macedonia | 1.06 billion | 2024 | up 1,636.0% | volatile |
| 95 | Niger | 1.03 billion | 2023 | up 42.6% | volatile |
| 96 | Bosnia and Herzegovina | 1.00 billion | 2024 | up 84.3% | volatile |
| 97 | Lao People's Democratic Republic | 988.46 million | 2024 | up 13.9% | volatile |
| 98 | Liberia | 960.19 million | 2022 | down 58.4% | volatile |
| 99 | El Salvador | 923.88 million | 2024 | up 82.5% | volatile |
| 100 | Kosovo | 859.81 million | 2024 | up 244.1% | rising |
| 101 | Cameroon | 821.55 million | 2023 | up 50.1% | rising |
| 102 | New Caledonia | 809.82 million | 2016 | up 8.1% | volatile |
| 103 | Maldives | 806.20 million | 2024 | up 141.8% | volatile |
| 104 | Libya | 794.70 million | 2023 | — | volatile |
| 105 | Sri Lanka | 761.14 million | 2024 | down 14.8% | rising |
| 106 | Tunisia | 759.60 million | 2024 | down 25.9% | volatile |
| 107 | Mali | 702.56 million | 2023 | up 128.1% | rising |
| 108 | Lebanon | 655.44 million | 2023 | down 75.4% | falling |
| 109 | Kuwait | 614.58 million | 2024 | up 26.5% | volatile |
| 110 | Montenegro | 599.43 million | 2024 | up 20.6% | falling |
| 111 | Sudan | 573.50 million | 2022 | down 75.2% | falling |
| 112 | Rwanda | 572.93 million | 2024 | up 82.5% | rising |
| 113 | Madagascar | 467.85 million | 2022 | down 42.6% | volatile |
| 114 | Botswana | 467.27 million | 2024 | down 9.3% | volatile |
| 115 | Zimbabwe | 465.43 million | 2024 | down 1.6% | rising |
| 116 | Kenya | 463.44 million | 2024 | down 43.5% | volatile |
| 117 | Qatar | 460.17 million | 2024 | down 55.8% | volatile |
| 118 | Republic of Moldova | 458.37 million | 2024 | up 32.5% | rising |
| 119 | Benin | 442.96 million | 2023 | up 22.9% | volatile |
| 120 | Ecuador | 437.95 million | 2024 | down 43.3% | rising |
| 121 | Paraguay | 399.93 million | 2024 | down 59.0% | volatile |
| 122 | Jamaica | 305.08 million | 2024 | down 47.6% | volatile |
| 123 | Bolivia, Plurinational State of | 291.91 million | 2024 | down 55.5% | volatile |
| 124 | Tajikistan | 291.31 million | 2024 | down 10.8% | volatile |
| 125 | Antigua and Barbuda | 270.63 million | 2024 | up 485.0% | volatile |
| 126 | Andorra | 268.35 million | 2024 | down 36.4% | falling |
| 127 | Malawi | 257.97 million | 2024 | down 56.9% | volatile |
| 128 | Sierra Leone | 241.00 million | 2023 | down 43.9% | volatile |
| 129 | Bahamas | 240.55 million | 2024 | down 4.3% | falling |
| 130 | Gambia | 232.36 million | 2024 | up 909.6% | volatile |
| 131 | Azerbaijan | 231.28 million | 2024 | down 94.8% | volatile |
| 132 | Seychelles | 226.13 million | 2024 | up 108.7% | volatile |
| 133 | Grenada | 225.73 million | 2024 | up 169.6% | rising |
| 134 | Timor-Leste | 215.60 million | 2024 | up 535.9% | volatile |
| 135 | Saint Lucia | 179.35 million | 2024 | up 166.7% | falling |
| 136 | West Bank and Gaza | 162.18 million | 2024 | up 1.5% | volatile |
| 137 | Bermuda | 150.81 million | 2023 | up 174.7% | volatile |
| 138 | Curaçao | 136.60 million | 2023 | up 9,156.2% | rising |
| 139 | Armenia | 131.56 million | 2024 | down 67.6% | volatile |
| 140 | Belize | 128.46 million | 2024 | down 9.0% | falling |
| 141 | Netherlands Antilles | 116.91 million | 2009 | — | volatile |
| 142 | Cape Verde | 109.93 million | 2024 | down 39.1% | falling |
| 143 | Burkina Faso | 109.44 million | 2023 | down 77.7% | volatile |
| 144 | Fiji | 103.58 million | 2022 | down 62.6% | falling |
| 145 | Barbados | 91.48 million | 2017 | down 80.8% | flat |
| 146 | Palau | 79.89 million | 2023 | up 342.9% | volatile |
| 147 | Eswatini | 75.53 million | 2024 | up 193.0% | volatile |
| 148 | Saint Vincent and the Grenadines | 73.77 million | 2024 | down 40.7% | falling |
| 149 | Djibouti | 67.82 million | 2024 | down 55.7% | rising |
| 150 | French Polynesia | 61.54 million | 2016 | up 100.8% | volatile |
| 151 | Nepal | 56.90 million | 2024 | up 87.2% | volatile |
| 152 | Kyrgyzstan | 54.85 million | 2022 | down 79.0% | volatile |
| 153 | Sint Maarten | 45.27 million | 2023 | down 4.4% | volatile |
| 154 | Turks and Caicos Islands | 42.23 million | 2018 | — | volatile |
| 155 | Gabon | 41.71 million | 2015 | down 87.2% | volatile |
| 156 | Anguilla | 38.50 million | 2023 | down 30.5% | falling |
| 157 | Dominica | 36.80 million | 2024 | up 198.0% | falling |
| 158 | Burundi | 33.32 million | 2024 | down 63.7% | volatile |
| 159 | Solomon Islands | 32.97 million | 2024 | up 56.8% | volatile |
| 160 | Brunei Darussalam | 29.06 million | 2024 | down 94.9% | volatile |
| 161 | Guinea-Bissau | 25.13 million | 2023 | up 28.0% | volatile |
| 162 | Bhutan | 22.78 million | 2024 | down 3.2% | volatile |
| 163 | Saint Kitts and Nevis | 21.87 million | 2024 | down 86.0% | volatile |
| 164 | Micronesia (Federated States of) | 20.21 million | 2014 | — | volatile |
| 165 | Haiti | 20.00 million | 2024 | down 79.8% | volatile |
| 166 | Afghanistan | 12.97 million | 2020 | down 93.2% | volatile |
| 167 | Vanuatu | 10.70 million | 2022 | down 82.3% | falling |
| 168 | Kiribati | 8.07 million | 2024 | up 206.7% | volatile |
| 169 | Comoros | 5.35 million | 2023 | down 48.4% | volatile |
| 170 | Montserrat | 3.75 million | 2024 | up 20.3% | volatile |
| 171 | Samoa | 3.74 million | 2024 | down 83.6% | volatile |
| 172 | Marshall Islands | 499,428 | 2021 | up 111.4% | volatile |
| 173 | South Sudan | 0 | 2023 | down 100.0% | volatile |
| 173 | Tuvalu | 0 | 2023 | — | volatile |
| 173 | Yemen | 0 | 2016 | down 100.0% | volatile |
| 176 | Naoero | -5.85 million | 2024 | — | volatile |
| 177 | Tonga | -12.08 million | 2024 | down 191.2% | volatile |
| 178 | Lesotho | -12.57 million | 2024 | down 113.3% | volatile |
| 179 | Sao Tome and Principe | -16.68 million | 2024 | down 163.0% | volatile |
| 180 | Suriname | -37.56 million | 2024 | up 37.1% | volatile |
| 181 | Togo | -59.21 million | 2020 | down 147.3% | volatile |
| 182 | Aruba | -137.46 million | 2023 | down 150.5% | volatile |
| 183 | Papua New Guinea | -198.32 million | 2024 | down 773.7% | volatile |
| 184 | Congo | -320.21 million | 2021 | down 207.2% | volatile |
| 185 | Trinidad and Tobago | -1.04 billion | 2024 | down 257.3% | volatile |
| 186 | Angola | -1.11 billion | 2024 | down 130.3% | volatile |
| 187 | Guyana | -1.14 billion | 2023 | down 665.9% | volatile |
| 188 | Estonia | -3.44 billion | 2024 | down 293.0% | volatile |
| 189 | Uruguay | -3.96 billion | 2024 | down 196.8% | volatile |
| 190 | Iraq | -7.65 billion | 2024 | up 24.8% | volatile |
| 191 | Russia | -9.54 billion | 2024 | down 143.3% | volatile |
| 192 | Netherlands | -17.06 billion | 2024 | down 111.8% | volatile |
| 193 | Belgium | -41.36 billion | 2024 | down 172.0% | volatile |
| 194 | Cyprus | -50.36 billion | 2024 | down 193.0% | volatile |
| 195 | Hungary | -62.19 billion | 2024 | down 582.8% | volatile |
| 196 | Switzerland | -92.96 billion | 2024 | down 542.6% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- All Countries and International Organizations 1.55 trillion
- Advanced economies 1.05 trillion
- Emerging Market and Developing Economies 504.43 billion
- Western Hemisphere 185.38 billion
- Emerging and Developing Asia 143.73 billion
- Middle East and Central Asia 143.15 billion
- Sub-Saharan Africa (SSA) 43.88 billion
- Emerging and Developing Europe -11.71 billion
- Euro Area (EA) -54.49 billion
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.