Flag

The international investment position of Malta increased by a net of €0.7 billion in 2020, to reach €8 billion, according to a National Statistics Office (NSO) report on Tuesday.

Over the course of 2020, Malta acquired €7.9 billion more in foreign assets, while total foreign liabilities increased by €7.2 billion. 

As of the end of the year, the value of Malta’s total foreign assets abroad amounted to €258.7 billion. Portfolio investments represented 49.1 per cent, whereas direct investment accounted for 27.8 per cent. 

The increase in Malta’s foreign assets was driven mainly by a €6.6 billion increase in its portfolio investment and a €1.9 billion increase in “Other Investment”, according to the NSO.

At the end of the year, the country’s stock position of foreign liabilities stood at €250.7 billion. 

Direct investment amounted to €209.1 billion, which equates to 83.4 per cent of total foreign liabilities, up from the €200.5 billion recorded in December 2019.

The report on Malta’s International Investment Position counts the nation’s external assets and investments.

Malta’s positive net International Investment Position indicates it continues to be a creditor rather than a debtor.

For context, in Q3 2020 the US recorded nearly -$14 trillion in its Net Investment Position, making it the world’s largest debtor.

Related

HSBC cropped as page icon

HSBC Malta share price drops sharply following strategic review announcement

September 11, 2024
by Helena Grech

Market analysts suggest that the uncertainty surrounding the review, with speculation of an impending sale, has fuelled investor concerns

‘This is true one-touch implementation designed with SMEs in mind’ – Roderick Farrugia, CIO, Melita Limited

August 6, 2024
by Prabjit Chohan-Patel

A walk through the primary cybersecurity threats facing today’s SME’s and Melita’s practical solutions to combat them

Arts Council confirms €1 million film fund to open for applications on 29th July

July 23, 2024
by Robert Fenech

Applications for the new Screen Support Scheme will be received until 24th September