International Investment Position

Release No: 29, 2013

April, 2013


 

Provisional data show that Fiji’s international liabilities exceeded its international assets by $F5,066.9m as at 31st December 2012. The difference of a year earlier was $F4,785.0m. 

 

IIP a
Fiji’s international liabilities was valued at $F8,106.2m as at 31st December 2012. The breakdown by liability type
were as follows:

      i)  Direct Investment- $F5,833.5m (72.0%);

     ii)  Portfolio Investment- $F446.4m (5.5%)          and;                                                     

      iii) Other Investment- $F1,826.3m (22.5%).

 

       

 

 

 

  

IIP b

Fiji’s international assets was valued at $F3,039.3m as at 31st December 2012. The breakdown by asset type were as follows:

 i)  Direct Investment - $F89.7m (3.0%);

 ii) Portfolio Investment-no transaction;    

iii) Other Investment- $F1,031.7m (33.9%) and;              

      iv) Reserve Assets- $F1,917.9m (63.1%).

 

 
 
 
Net foreign debt

As at 31st December 2012, Fiji’s net foreign debt was $F606.0m. This was an increase of $183.8m from the 31st December 2011 figure of $F422.2m.

 

Net foreign equity

As at 31st December 2012, Fiji’s net foreign equity was -$F5,675.4m. This was an increase of $F465.9m from the 31st December 2011 figure of -$F5,209.5m.

 

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

 

Appendix 1 contains Technical Notes.

 

The attached Table 1 shows details of Fiji’s International Assets and Liabilities from 2010 to 2012. Table 2 and 3 shows the International Investment Position Reconciliation Statement for the quarter and year ended 31st December 2012 respectively.     

 

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