Financial account balance (assets less liabilities), Net (net) in Western Hemisphere
Western Hemisphere: Financial account balance (assets less liabilities), Net (net) was -104.87 billion in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Western Hemisphere, 2005–2024
Source: International Monetary Fund.
Analysis
Western Hemisphere recorded -104.87 billion for financial account balance (assets less liabilities), net (net) in 2024.
Compared with earlier readings it is down 6.1% on the previous year and up 50.0% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Western Hemisphere peaked at 51.77 billion in 2006 and was at its lowest, -209.74 billion, in 2014.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Western Hemisphere, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 37.62 billion | — |
| 2006 | 51.77 billion | +37.6% |
| 2007 | 10.71 billion | -79.3% |
| 2008 | -38.63 billion | -460.9% |
| 2009 | -36.90 billion | -4.5% |
| 2010 | -123.95 billion | +235.9% |
| 2011 | -145.73 billion | +17.6% |
| 2012 | -172.61 billion | +18.4% |
| 2013 | -198.52 billion | +15.0% |
| 2014 | -209.74 billion | +5.7% |
| 2015 | -195.54 billion | -6.8% |
| 2016 | -114.33 billion | -41.5% |
| 2017 | -112.86 billion | -1.3% |
| 2018 | -168.32 billion | +49.1% |
| 2019 | -124.02 billion | -26.3% |
| 2020 | -14.50 billion | -88.3% |
| 2021 | -108.63 billion | +648.9% |
| 2022 | -149.28 billion | +37.4% |
| 2023 | -98.84 billion | -33.8% |
| 2024 | -104.87 billion | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.91 billion | -38.63 billion | 51.77 billion | 5 |
| 2010s | -156.56 billion | -209.74 billion | -112.86 billion | 10 |
| 2020s | -95.23 billion | -149.28 billion | -14.50 billion | 5 |
Countries ranked near Western Hemisphere
More external debt data for Western Hemisphere
- Direct investment, Net (net acquisition of financial assets less net) -129.66 billion (2024)
- Direct investment, Net incurrence of liabilities, Liabilities 185.38 billion (2024)
- Other investment, Net (net acquisition of financial assets less net) -11.22 billion (2024)
- Other investment, Net incurrence of liabilities, Liabilities 15.45 billion (2024)
- Portfolio investment, Net (net acquisition of financial assets less) 26.17 billion (2024)
- Portfolio investment, Net incurrence of liabilities, Liabilities 32.66 billion (2024)
- International investment position, Liabilities, Adjusted using IMF 6.43 trillion (2024)
- International investment position, Net (assets less liabilities) -1.79 trillion (2024)
- Financial derivatives (other than reserves) and employee stock 1.86 billion (2024)
- Financial derivatives (other than reserves) and employee stock -114.82 billion (2024)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Western Hemisphere?
- Financial account balance (assets less liabilities), net (net) in Western Hemisphere was -104.87 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Western Hemisphere?
- The highest recorded value was 51.77 billion in 2006.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Western Hemisphere?
- The lowest recorded value was -209.74 billion in 2014.
- How does Western Hemisphere rank for financial account balance (assets less liabilities), net (net)?
- Western Hemisphere ranks 9th out of 9 groups with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Western Hemisphere?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Western Hemisphere data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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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.