Portfolio 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.
What the numbers show
Portfolio investment, Net incurrence of liabilities, Liabilities (US dollar) is currently reported for 177 countries. The highest value is 1.32 trillion in United States of America; the lowest is -78.89 billion in Japan.
The median across all reporting countries is 57.74 million, and the mean is 20.43 billion.
The gap between the highest and lowest reporting country is a factor of about 17.
Over the past decade 90 countries rose and 71 fell. The largest increase was in Uzbekistan (up 186,706.0%), and the largest decrease in Belarus (down 11,644.2%).
Portfolio investment, Net incurrence of liabilities, Liabilities: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | United States of America | 1.32 trillion | 2024 | up 89.0% | volatile |
| 2 | Ireland | 423.53 billion | 2024 | up 57.9% | volatile |
| 3 | Luxembourg | 272.39 billion | 2024 | down 39.5% | volatile |
| 4 | France | 257.94 billion | 2024 | up 88.2% | volatile |
| 5 | Germany | 204.17 billion | 2024 | up 759.1% | volatile |
| 6 | Italy | 178.74 billion | 2024 | up 30.6% | volatile |
| 7 | United Kingdom of Great Britain and Northern Ireland | 152.42 billion | 2024 | up 70.4% | volatile |
| 8 | Canada | 140.35 billion | 2024 | up 65.5% | volatile |
| 9 | Australia | 135.54 billion | 2024 | up 83.3% | falling |
| 10 | Spain | 103.43 billion | 2024 | up 44.2% | volatile |
| 11 | Belgium | 82.52 billion | 2024 | up 64.9% | volatile |
| 12 | Saudi Arabia | 44.19 billion | 2024 | up 21,722.2% | volatile |
| 13 | Finland | 40.93 billion | 2024 | up 189.2% | volatile |
| 14 | Austria | 34.75 billion | 2024 | up 628.3% | volatile |
| 15 | Singapore | 29.84 billion | 2024 | up 1,004.7% | volatile |
| 16 | China | 26.58 billion | 2024 | down 71.5% | volatile |
| 17 | Poland | 25.67 billion | 2024 | up 538.1% | volatile |
| 18 | New Zealand | 23.42 billion | 2024 | up 85.8% | volatile |
| 19 | Republic of Korea | 21.96 billion | 2024 | up 138.5% | volatile |
| 20 | Türkiye | 21.51 billion | 2024 | up 6.1% | volatile |
| 21 | India | 20.86 billion | 2024 | down 45.1% | volatile |
| 22 | Hong Kong, China | 16.84 billion | 2024 | down 38.4% | volatile |
| 23 | Czechia | 15.43 billion | 2024 | up 2,196.6% | volatile |
| 24 | Romania | 15.01 billion | 2024 | up 284.6% | volatile |
| 25 | Norway | 14.85 billion | 2024 | down 41.8% | volatile |
| 26 | Portugal | 14.14 billion | 2024 | up 19.8% | volatile |
| 27 | Nigeria | 13.35 billion | 2024 | up 152.2% | volatile |
| 28 | Greece | 13.00 billion | 2024 | up 331.2% | volatile |
| 29 | Indonesia | 12.24 billion | 2024 | down 47.9% | volatile |
| 30 | Slovakia | 10.72 billion | 2024 | up 143.4% | volatile |
| 31 | Egypt | 10.59 billion | 2024 | up 608.1% | volatile |
| 32 | Denmark | 9.26 billion | 2024 | down 61.5% | volatile |
| 33 | Brazil | 8.23 billion | 2024 | down 81.4% | volatile |
| 34 | Peru | 6.87 billion | 2024 | up 116.7% | volatile |
| 35 | Netherlands | 6.50 billion | 2024 | down 81.9% | volatile |
| 36 | Mexico | 6.16 billion | 2024 | down 87.5% | volatile |
| 37 | Philippines | 5.70 billion | 2024 | up 166,915.0% | volatile |
| 38 | Malaysia | 5.26 billion | 2024 | up 264.7% | volatile |
| 39 | Chile | 4.77 billion | 2024 | down 60.5% | volatile |
| 40 | Hungary | 4.51 billion | 2024 | up 363.4% | volatile |
| 41 | Mauritius | 4.21 billion | 2024 | up 511.0% | volatile |
| 42 | Malta | 3.85 billion | 2024 | up 6,540.2% | volatile |
| 43 | Bahrain | 3.41 billion | 2024 | up 1,157.0% | volatile |
| 44 | Uzbekistan | 3.12 billion | 2024 | up 186,706.0% | volatile |
| 45 | Lithuania | 3.06 billion | 2024 | up 85.7% | volatile |
| 46 | Panama | 2.99 billion | 2024 | up 44.1% | volatile |
| 47 | Colombia | 2.94 billion | 2024 | down 84.3% | volatile |
| 48 | Estonia | 2.91 billion | 2024 | up 2,806.4% | volatile |
| 49 | Bulgaria | 2.47 billion | 2024 | up 19.7% | volatile |
| 50 | Dominican Republic | 2.22 billion | 2024 | up 47.9% | volatile |
| 51 | Latvia | 1.98 billion | 2024 | down 12.2% | volatile |
| 52 | Israel | 1.92 billion | 2024 | down 79.7% | volatile |
| 53 | El Salvador | 1.68 billion | 2024 | up 94.5% | volatile |
| 54 | Serbia | 1.47 billion | 2024 | up 152.4% | volatile |
| 55 | Guatemala | 1.44 billion | 2024 | up 82.4% | volatile |
| 56 | Slovenia | 1.21 billion | 2024 | down 79.7% | volatile |
| 57 | Mongolia | 1.17 billion | 2024 | up 277.3% | volatile |
| 58 | Qatar | 1.13 billion | 2024 | up 135.0% | volatile |
| 59 | Iceland | 1.04 billion | 2024 | down 0.1% | volatile |
| 60 | Paraguay | 931.47 million | 2024 | down 29.6% | volatile |
| 61 | Croatia | 823.05 million | 2024 | up 282.8% | volatile |
| 62 | Ghana | 793.07 million | 2024 | down 5.1% | volatile |
| 63 | Montenegro | 679.89 million | 2024 | up 227.6% | volatile |
| 64 | South Africa | 569.60 million | 2024 | down 95.8% | volatile |
| 65 | Honduras | 569.50 million | 2024 | up 2,695.7% | volatile |
| 66 | Niger | 438.20 million | 2023 | up 10,705.3% | volatile |
| 67 | Kuwait | 438.01 million | 2024 | down 12.1% | volatile |
| 68 | Trinidad and Tobago | 433.47 million | 2024 | up 369.7% | volatile |
| 69 | Kenya | 430.64 million | 2024 | down 88.6% | volatile |
| 70 | Burkina Faso | 427.69 million | 2023 | up 1,610.9% | volatile |
| 71 | Georgia | 403.26 million | 2024 | up 63.3% | volatile |
| 72 | Morocco | 385.64 million | 2024 | down 87.6% | volatile |
| 73 | Kazakhstan | 319.66 million | 2024 | down 94.1% | volatile |
| 74 | Sri Lanka | 300.77 million | 2024 | down 85.4% | volatile |
| 75 | Uruguay | 272.97 million | 2024 | down 78.4% | volatile |
| 76 | Senegal | 174.71 million | 2023 | up 391.8% | volatile |
| 77 | Benin | 165.52 million | 2023 | up 516.7% | volatile |
| 78 | Gabon | 143.22 million | 2015 | up 12,747.7% | volatile |
| 79 | San Marino | 128.11 million | 2023 | up 2,951.1% | volatile |
| 80 | Bolivia, Plurinational State of | 116.94 million | 2024 | up 459.4% | volatile |
| 81 | Congo | 111.87 million | 2021 | up 75,411.8% | volatile |
| 82 | Uganda | 111.66 million | 2024 | down 38.3% | volatile |
| 83 | Guinea-Bissau | 107.09 million | 2023 | up 457.0% | volatile |
| 84 | Armenia | 106.07 million | 2024 | up 428.3% | volatile |
| 85 | Mali | 97.58 million | 2023 | up 835.7% | volatile |
| 86 | Guyana | 90.26 million | 2023 | up 313.7% | volatile |
| 87 | Costa Rica | 83.59 million | 2024 | down 90.8% | volatile |
| 88 | Cameroon | 64.04 million | 2023 | up 410.6% | volatile |
| 89 | Suriname | 57.74 million | 2024 | — | volatile |
| 90 | Botswana | 34.25 million | 2024 | up 151.5% | volatile |
| 91 | Zambia | 28.46 million | 2024 | down 97.6% | volatile |
| 92 | Sint Maarten | 27.90 million | 2023 | up 1,298.7% | volatile |
| 93 | Eswatini | 21.20 million | 2024 | up 347.3% | volatile |
| 94 | Myanmar | 20.65 million | 2019 | up 25.8% | volatile |
| 95 | Tanzania, United Republic of | 18.01 million | 2024 | up 29.6% | volatile |
| 96 | Togo | 17.63 million | 2020 | up 191.2% | volatile |
| 97 | Burundi | 12.28 million | 2024 | up 593.2% | volatile |
| 98 | Antigua and Barbuda | 10.30 million | 2024 | up 73.2% | volatile |
| 99 | Saint Lucia | 9.00 million | 2024 | down 65.3% | volatile |
| 100 | Guinea | 7.59 million | 2024 | up 146.2% | volatile |
| 101 | Mozambique | 7.07 million | 2024 | down 26.4% | volatile |
| 102 | Rwanda | 6.11 million | 2024 | up 111.6% | volatile |
| 103 | Saint Vincent and the Grenadines | 3.40 million | 2024 | up 154.2% | volatile |
| 104 | Malawi | 2.87 million | 2024 | down 66.5% | volatile |
| 105 | Barbados | 2.20 million | 2017 | down 93.5% | volatile |
| 106 | Samoa | 2.08 million | 2024 | up 114,046.0% | volatile |
| 107 | Dominica | 1.86 million | 2024 | up 191.0% | volatile |
| 108 | Tajikistan | 601,960 | 2024 | down 56.0% | volatile |
| 109 | Sudan | 524,009 | 2022 | down 75.9% | volatile |
| 110 | Kyrgyzstan | 396,546 | 2022 | up 409.8% | volatile |
| 111 | Lesotho | 194,986 | 2024 | down 33.9% | volatile |
| 112 | Congo, Democratic Republic of the | 176,152 | 2024 | — | volatile |
| 113 | Tonga | 36,601 | 2024 | up 2,720.1% | volatile |
| 114 | Cape Verde | 3,010 | 2024 | up 100.0% | volatile |
| 115 | Angola | 0 | 2024 | — | volatile |
| 115 | Bahamas | 0 | 2024 | — | volatile |
| 115 | Belize | 0 | 2024 | up 100.0% | volatile |
| 115 | Djibouti | 0 | 2024 | — | volatile |
| 115 | Fiji | 0 | 2022 | up 100.0% | volatile |
| 115 | Liberia | 0 | 2017 | — | volatile |
| 115 | Madagascar | 0 | 2022 | — | volatile |
| 115 | Maldives | 0 | 2024 | up 100.0% | volatile |
| 115 | Marshall Islands | 0 | 2021 | down 100.0% | volatile |
| 115 | Naoero | 0 | 2024 | down 100.0% | volatile |
| 115 | Papua New Guinea | 0 | 2024 | up 100.0% | volatile |
| 115 | French Polynesia | 0 | 2016 | — | volatile |
| 115 | Solomon Islands | 0 | 2024 | — | volatile |
| 115 | Sierra Leone | 0 | 2023 | down 100.0% | volatile |
| 115 | Timor-Leste | 0 | 2024 | — | volatile |
| 115 | Vanuatu | 0 | 2022 | — | volatile |
| 115 | Anguilla | 0 | 2023 | — | volatile |
| 115 | Kosovo | 0 | 2024 | — | volatile |
| 148 | New Caledonia | -11,610 | 2016 | — | volatile |
| 149 | Sao Tome and Principe | -898,478 | 2024 | down 2,476.1% | volatile |
| 150 | Saint Kitts and Nevis | -1.23 million | 2024 | up 60.5% | volatile |
| 151 | Turks and Caicos Islands | -2.28 million | 2018 | — | volatile |
| 152 | Bosnia and Herzegovina | -2.87 million | 2024 | up 93.9% | volatile |
| 153 | Republic of Moldova | -5.26 million | 2024 | down 193.6% | volatile |
| 154 | Andorra | -7.58 million | 2024 | up 34.8% | volatile |
| 155 | Grenada | -8.98 million | 2024 | down 160.1% | volatile |
| 156 | Seychelles | -13.42 million | 2024 | up 35.7% | volatile |
| 157 | Curaçao | -17.21 million | 2023 | down 260.0% | volatile |
| 158 | Nicaragua | -19.60 million | 2024 | down 158.2% | volatile |
| 159 | Zimbabwe | -22.60 million | 2024 | down 117.3% | volatile |
| 160 | Namibia | -24.43 million | 2024 | down 288.5% | volatile |
| 161 | Côte d'Ivoire | -49.58 million | 2023 | down 127.9% | volatile |
| 162 | Netherlands Antilles | -66.17 million | 2009 | — | volatile |
| 163 | West Bank and Gaza | -84.54 million | 2024 | down 2,796.3% | volatile |
| 164 | Jordan | -99.86 million | 2024 | down 107.9% | volatile |
| 165 | Aruba | -124.96 million | 2023 | down 243.1% | volatile |
| 166 | Bermuda | -135.19 million | 2023 | down 124.4% | volatile |
| 167 | Albania | -189.81 million | 2024 | down 1,816.9% | volatile |
| 168 | Bangladesh | -203.97 million | 2024 | down 123.3% | volatile |
| 169 | Oman | -218.73 million | 2024 | down 127.4% | volatile |
| 170 | North Macedonia | -230.70 million | 2024 | down 133.2% | volatile |
| 171 | Jamaica | -269.72 million | 2024 | down 134.6% | volatile |
| 172 | Lao People's Democratic Republic | -287.27 million | 2024 | down 179.7% | volatile |
| 173 | Iraq | -347.80 million | 2024 | down 1,491.2% | volatile |
| 174 | Belarus | -404.05 million | 2024 | down 11,644.2% | volatile |
| 175 | Pakistan | -534.00 million | 2024 | down 114.1% | volatile |
| 176 | Azerbaijan | -960.90 million | 2024 | down 154.9% | volatile |
| 177 | Cyprus | -1.00 billion | 2024 | down 146.3% | volatile |
| 178 | Ecuador | -1.13 billion | 2024 | down 156.9% | volatile |
| 179 | Tunisia | -1.29 billion | 2024 | down 1,888.9% | volatile |
| 180 | Argentina | -1.41 billion | 2024 | up 40.2% | volatile |
| 181 | Venezuela, Bolivarian Republic of | -1.83 billion | 2016 | up 54.1% | volatile |
| 182 | Lebanon | -2.35 billion | 2023 | down 352.8% | volatile |
| 183 | Thailand | -2.66 billion | 2024 | up 43.3% | volatile |
| 184 | Cayman Islands | -4.06 billion | 2023 | up 4.6% | volatile |
| 185 | Macau, China | -4.79 billion | 2024 | down 519.5% | volatile |
| 186 | Viet Nam | -5.65 billion | 2024 | down 6,175.3% | volatile |
| 187 | Sweden | -5.84 billion | 2024 | down 200.7% | volatile |
| 188 | Ukraine | -5.93 billion | 2024 | down 119.5% | volatile |
| 189 | Russian Federation | -7.80 billion | 2024 | up 66.4% | volatile |
| 190 | Taiwan, China | -17.36 billion | 2024 | down 233.0% | volatile |
| 191 | Switzerland | -44.63 billion | 2024 | down 930.6% | volatile |
| 192 | Japan | -78.89 billion | 2024 | down 150.2% | 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 3.68 trillion
- Advanced economies 3.39 trillion
- Euro Area (EA) 943.81 billion
- Emerging Market and Developing Economies 292.51 billion
- Middle East and Central Asia 113.52 billion
- Emerging and Developing Asia 63.31 billion
- Emerging and Developing Europe 56.76 billion
- Western Hemisphere 32.66 billion
- Sub-Saharan Africa (SSA) 26.27 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.