Israel’s International Investment Position (IIP), Second Quarter of 2021

  • In the second quarter of 2021, the balance of assets held abroad by Israeli residents increased by approximately $36 billion (6 percent), to about $666 billion at the end of June. The increase derived mainly from growth in the foreign securities portfolio and in reserve assets.
  • Outstanding liabilities to abroad increased by approximately $46 billion (11 percent) in the second quarter, to about $480 billion at the end of the quarter. The increase derived primarily from net investment by nonresidents totaling $15 billion and from price increases of $10 billion in the portfolio of Israeli securities.
  • Israel’s surplus of assets over liabilities vis-à-vis abroad in the second quarter decreased by approximately $10 billion (5.2 percent), to about $186 billion at the end of the quarter.
  • The surplus of assets over liabilities vis-à-vis abroad in debt instruments alone (negative net external debt) increased by $9 billion (5 percent) during the second quarter, to approximately $211 billion at quarter end.
  • The ratio of gross external debt to GDP decreased by 0.1 percentage points during the course of the second quarter, to 33.5 percent at the end of June. The decline in the debt to GDP ratio reflected an increase of 5.4 percent in the balance of external debt and an increase of 5.6 percent in GDP (in dollar terms).​

עותק של Graph - Q2 2021 accessible.xlsxGraph and data