INTERNATIONAL INVESTMENT POSITION - March 2013

Release No: 57, 2013                                                                                                   

9th August, 2013


 

All values in this release are in Fiji Dollars (FJD).

 

Provisional data show that Fiji’s international liabilities exceeded its international assets by $5,485.6m as at 31st March 2013 whilst it was $4,868.8m a year earlier.

 

IIP Mar13

Fiji’s international liabilities were valued at $8,231.8m as at 31st March 2013. The breakdown by liability type was as follows:

i)   Direct Investment- $5,907.8m (71.8%);

ii)  Portfolio Investment- $447.9m (5.4%) and;

iii) Other Investment- $1,876.1m (22.8%).

 

 

 

 

 

 

 

 

 

 

 

IIP Mar13a

Fiji’s international assets were valued at $2,746.2m as at 31st March 2013. The breakdown by asset type was as follows:

i)   Direct Investment - $95.8m (3.5%);

ii)  Portfolio Investment-no transaction;

iii) Other Investment- $784.5m 

      (28.6%) and; 

                     

iv) Reserve Assets- $1,865.9m (67.9%).

Net foreign debt

As at 31st March 2013, Fiji’s net foreign debt was $254.5m. This was a decrease of $193.9m from the 31st March 2012 figure of $448.4m.

Net foreign equity

As at 31st March 2013, Fiji’s net foreign equity was -$5,742.5m. This was an increase of $422.8m from the 31st March 2012 figure of -$5,319.7m.

Administrative and survey data have been used to compile the International Investment Position in accordance with the 6th edition of the International Monetary Fund’s Balance of Payments Manual. 

Click HERE for Tables and Technical Notes.

The attached Table 1 shows details of Fiji’s International Assets and Liabilities from 2010 to the March Quarter of 2013. Table 2 shows the International Investment Position Reconciliation Statement for the quarter ended 31st March 2013.   

  

For further enquiries please contact Ms Radhika Kumar on 3315 822 ext 118 or email: