Financial derivatives (other than reserves) and employee stock options, 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.
What the numbers show
Financial derivatives (other than reserves) and employee stock options, Net incurrence of liabilities, Liabilities (US dollar) is currently reported for 82 countries. The highest value is 395.93 billion in France; the lowest is -865.27 billion in Japan.
The median across all reporting countries is -689,402, and the mean is -16.70 billion.
Over the past decade 20 countries rose and 35 fell. The largest increase was in Serbia (up 11,675.1%), and the largest decrease in Georgia (down 2,690.8%).
Financial derivatives (other than reserves) and employee stock: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | France | 395.93 billion | 2024 | up 733.1% | volatile |
| 2 | India | 25.11 billion | 2024 | up 47.2% | volatile |
| 3 | Singapore | 8.11 billion | 2024 | up 17.1% | volatile |
| 4 | Kuwait | 6.68 billion | 2024 | up 438.0% | volatile |
| 5 | Qatar | 1.57 billion | 2024 | up 791.7% | volatile |
| 6 | Malta | 254.00 million | 2016 | up 457.9% | volatile |
| 7 | Ghana | 150.95 million | 2024 | — | volatile |
| 8 | Panama | 96.41 million | 2024 | down 26.3% | volatile |
| 9 | Mauritius | 50.84 million | 2024 | down 98.3% | volatile |
| 10 | Serbia | 38.03 million | 2024 | up 11,675.1% | volatile |
| 11 | Uganda | 28.17 million | 2024 | up 121.9% | volatile |
| 12 | Mongolia | 17.28 million | 2024 | up 290.5% | volatile |
| 13 | Montenegro | 16.60 million | 2024 | — | volatile |
| 14 | Uruguay | 15.19 million | 2024 | down 42.1% | volatile |
| 15 | Malawi | 4.07 million | 2024 | — | volatile |
| 16 | Namibia | 3.76 million | 2024 | up 55.3% | volatile |
| 17 | Kazakhstan | 3.32 million | 2024 | down 82.0% | volatile |
| 18 | Kyrgyzstan | 2.51 million | 2022 | — | volatile |
| 19 | Kenya | 943,255 | 2024 | down 96.1% | volatile |
| 20 | Saint Lucia | 21,434 | 2024 | — | volatile |
| 21 | Naoero | 1,329 | 2023 | — | volatile |
| 22 | Pakistan | 0 | 2024 | — | volatile |
| 22 | Niger | 0 | 2023 | — | volatile |
| 22 | Senegal | 0 | 2023 | — | volatile |
| 22 | Togo | 0 | 2020 | — | volatile |
| 22 | Tonga | 0 | 2024 | — | volatile |
| 22 | Uzbekistan | 0 | 2024 | — | volatile |
| 22 | Venezuela, Bolivarian Republic of | 0 | 2013 | down 100.0% | volatile |
| 22 | Samoa | 0 | 2024 | — | volatile |
| 22 | Anguilla | 0 | 2023 | — | volatile |
| 22 | Albania | 0 | 2024 | — | volatile |
| 22 | Republic of Moldova | 0 | 2021 | down 100.0% | volatile |
| 22 | Barbados | 0 | 2017 | up 100.0% | volatile |
| 22 | Belize | 0 | 2024 | — | volatile |
| 22 | Côte d'Ivoire | 0 | 2023 | — | volatile |
| 22 | Cameroon | 0 | 2023 | down 100.0% | volatile |
| 22 | Jamaica | 0 | 2024 | up 100.0% | volatile |
| 22 | Cayman Islands | 0 | 2023 | up 100.0% | volatile |
| 22 | Bolivia, Plurinational State of | 0 | 2024 | — | volatile |
| 97 | Belarus | -39,745 | 2024 | up 99.9% | volatile |
| 98 | Afghanistan | -340,374 | 2020 | — | volatile |
| 99 | Bermuda | -1.04 million | 2023 | up 85.3% | volatile |
| 100 | Botswana | -1.06 million | 2024 | — | volatile |
| 101 | El Salvador | -1.56 million | 2024 | — | volatile |
| 102 | Bosnia and Herzegovina | -2.25 million | 2024 | — | volatile |
| 103 | Costa Rica | -2.57 million | 2024 | down 282.3% | volatile |
| 104 | Trinidad and Tobago | -3.70 million | 2024 | down 376.1% | volatile |
| 105 | Aruba | -4.72 million | 2023 | down 807.6% | volatile |
| 106 | Mozambique | -4.83 million | 2024 | — | volatile |
| 107 | Bulgaria | -8.40 million | 2024 | down 117.8% | volatile |
| 108 | Zambia | -12.09 million | 2024 | down 294.9% | volatile |
| 109 | Greece | -13.44 million | 2024 | — | volatile |
| 110 | Argentina | -14.13 million | 2024 | down 108.4% | volatile |
| 111 | Ukraine | -57.00 million | 2024 | — | volatile |
| 112 | Georgia | -94.87 million | 2024 | down 2,690.8% | volatile |
| 113 | Nigeria | -142.43 million | 2024 | — | volatile |
| 114 | Morocco | -218.77 million | 2024 | up 4.1% | volatile |
| 115 | Estonia | -278.48 million | 2024 | down 265.9% | volatile |
| 116 | Latvia | -284.91 million | 2024 | up 31.0% | rising |
| 117 | Slovakia | -310.43 million | 2024 | down 17.1% | volatile |
| 118 | Cyprus | -405.12 million | 2024 | down 49.6% | volatile |
| 119 | Colombia | -518.51 million | 2024 | up 44.3% | volatile |
| 120 | Philippines | -752.60 million | 2024 | down 153.5% | falling |
| 121 | Indonesia | -965.46 million | 2024 | down 61.7% | falling |
| 122 | Malaysia | -1.44 billion | 2024 | down 590.7% | volatile |
| 123 | China | -2.27 billion | 2024 | down 270.1% | volatile |
| 124 | Russian Federation | -3.50 billion | 2024 | up 83.9% | volatile |
| 125 | Portugal | -3.70 billion | 2024 | — | volatile |
| 126 | Czechia | -6.21 billion | 2024 | down 405.6% | volatile |
| 127 | New Zealand | -6.99 billion | 2024 | down 161.7% | volatile |
| 128 | Thailand | -9.05 billion | 2024 | down 166.5% | volatile |
| 129 | South Africa | -9.44 billion | 2024 | up 47.3% | volatile |
| 130 | Ireland | -13.89 billion | 2011 | down 414.2% | volatile |
| 131 | Hungary | -14.27 billion | 2024 | down 154.3% | volatile |
| 132 | Chile | -22.82 billion | 2024 | down 156.3% | volatile |
| 133 | Taiwan | -28.72 billion | 2024 | down 428.9% | volatile |
| 134 | Brazil | -36.86 billion | 2024 | down 301.4% | volatile |
| 135 | Mexico | -54.71 billion | 2024 | down 145.5% | falling |
| 136 | Hong Kong | -91.46 billion | 2024 | down 114.4% | falling |
| 137 | Finland | -114.31 billion | 2024 | down 26.2% | volatile |
| 138 | Australia | -518.50 billion | 2024 | down 900.4% | volatile |
| 139 | Japan | -865.27 billion | 2024 | down 129.7% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Emerging and Developing Asia 10.64 billion
- Middle East and Central Asia 7.50 billion
- Sub-Saharan Africa (SSA) -9.36 billion
- Emerging and Developing Europe -19.42 billion
- Western Hemisphere -114.82 billion
- Emerging Market and Developing Economies -125.46 billion
- Advanced economies -1.17 trillion
- All Countries and International Organizations -1.30 trillion
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.