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Who are World's Top 10 Largest Creditor Nations?

Discussion in 'China & Far East' started by Shotgunner51, Oct 14, 2016.

  1. Shotgunner51

    Shotgunner51 INT'L MOD

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    Hong Kong's Balance of Payments and International Investment Position statistics for second quarter of 2016 [22 Sep 2016]

    HONG KONG SAR: At the end of the second quarter of 2016, Hong Kong's external financial assets and liabilities amounted to HK$ 34,269.5 billion and HK$ 25,619.8 billion respectively. After netting out the external financial liabilities from the external financial assets, Hong Kong was a net creditor. Hong Kong's net external financial assets amounted to HK$ 8,649.7 billion (at exchange of 7.76:1, equivalent to US$ 1.1114652 trillion) at the end of the second quarter of 2016, compared with HK$ 8,480.9 billion at the end of the first quarter of 2016.
    http://www.censtatd.gov.hk/press_release/pressReleaseDetail.jsp?charsetID=1&pressRID=3884

    Updates of World's Largest Creditor Nations

    1) JAPAN: As per latest Ministry of Finance report, at the end of second quarter 2016, Japan's net IIP stood at yen 354,341 billion (at exchange of 103.64:1 equivalent to US$ 3.41896 trillion).
    http://www.mof.go.jp/international_policy/reference/iip/201609a.pdf

    2) GERMANY: As per latest Bundesbank report, at the end of second quarter 2016, Germany's net IIP stood at euro 1,548.1 billion (at exchange of 1:1.11, equivalent to US$ 1.718391 trillion).
    http://www.bundesbank.de/Redaktion/...rmoegen_quartal.en.pdf?__blob=publicationFile

    3) CHINA: As per SAFE, at the end if second quarter of 2016, China's net IIP stood at SDR 1,189.29 billion (equivalent to US$ 1.6636 trillion)
    http://www.safe.gov.cn/wps/portal/english/Data/Investment

    4~5) TAIWAN: As per latest CBC report, at end of 2015, Taiwan's Net International Investment Position stands at US$ 1.053905 trillion, an increase of US$ 117.299 billion from a year ago. CBC releases IIP data annually, no quarterly data available.
    http://www.cbc.gov.tw/public/Data/661516275171.pdf

    6) SWITZERLAND: As per Scheweizerische Natl Bank, stocks of foreign assets increased by CHF 71 billion to CHF 4,298 billion in the second quarter of 2016. Stocks of foreign liabilities also rose, by CHF 33 billion to CHF 3,541 billion, mainly due to transactions reported in the financial account. The net international investment position advanced by CHF 37 billion to CHF 757 billion (at exchange of 1:01, equivalent to US$ 764.57 billion).
    https://snbchf.com/2016/09/swiss-balance-payments-investment-position-q2/

    7) NORWAY: As per Statistisk sentralbyrå (SSB), net IIP standing in the second quarter of 2016 was NOK 5,963,974 million (at exchange of 8.19:1, equivalent to US$ 728.202 billion). The country has the highest IIP per capita in Europe.
    http://www.ssb.no/en/nasjonalregnsk...eltall/economic-and-financial-data-for-norway

    8) NETHERLANDS: As per De Nederlandsche Bank (DNB), net IIP in the second quarter of 2016 stood at euro 525,677 million (at exchange of 1:1.11, equivalent to US$ 583.5015 billion)
    http://www.dnb.nl/en/statistics/sta...d-international-investment-position/index.jsp

    9) SINGAPORE: As per Singstat.Gov.SG, net IIP in the second quarter of 2016 stood at S$ 802,584.7 million (at exchange of 1.39:1, equivalent to US$ 577.399 billion). Note, per capita basis, Singapore NIIP is the world's highest, along with Norway, Hong Kong.
    http://www.singstat.gov.sg/methodologies-standards/data-dissemination-standard/national-summary-page

    10) SAUDI ARABIA: The Saudi Arabian Monetary Agency reported net foreign assets of US$ 572 billion in end of May 2016, the lowest level in four years. The slump in crude prices has forced the government to sell bonds and draw on its currency reserves, still among the world’s largest. Net foreign assets fell by $115 billion last year, when the kingdom ran a budget deficit of nearly $100 billion.
    http://www.bloomberg.com/news/artic...foreign-assets-fall-to-four-year-low-in-april
    New Standing

    Hong Kong or Taiwan?

    Hong Kong has marginally overtaken Taiwan as world's 4th largest creditor by end Q2 2016, only trails Japan, Germany and China Mainland. However, note Taiwan's quarterly data are unavailable, hence the final ranking is yet to be confirmed at end 2016.

    For Greater China as a whole (without accounting for Macau) combined position surpasses US$ 3.82897 trillion, making her world's largest creditor nation.​
     
    Last edited: Oct 31, 2016
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  2. Chinese-Dragon

    Chinese-Dragon PDF THINK TANK: ANALYST

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    HK > Taiwan.

    Just kidding. Don't kill me @TaiShang brother. :enjoy:
     
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  3. terranMarine

    terranMarine SENIOR MEMBER

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    Good job :D
     
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  4. terranMarine

    terranMarine SENIOR MEMBER

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  5. Shotgunner51

    Shotgunner51 INT'L MOD

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    United States? No, US is NOT a creditor nation, she ranks on the opposite side of the scale, it's a debtor nation.

    The U.S. net international investment position at the end of the second quarter of 2016 was -$8,042.8 billion (preliminary), according to statistics released by the Bureau of Economic Analysis (BEA). The net investment position at the end of the first quarter was -$7,582.0 billion (revised).

    intinv216-chart-01.png

    The net position decreased $460.8 billion or 6.1 percent in the second quarter, compared with a decrease of 4.1 percent in the first quarter. As this rate, US international position is sinking at a break-neck speed of $1.8 trillion per year.

    http://bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm
     
    Last edited: Oct 14, 2016
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  6. Jlaw

    Jlaw SENIOR MEMBER

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    Holy shit, US is in more debt than mainstream media would like us to believe

    @anon45 @C130 @theoretic Muslim
     
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  7. anon45

    anon45 SENIOR MEMBER

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    I don't know where you get that from, the mainstream media tends to make a bigger deal about it than it really is.

    The fact is there is more than enough demand for US debt, so its more than manageable. When it comes to debt to GDP ratio the US is middle of the pack.

    http://time.com/4214269/us-national-debt/
     
  8. Jlaw

    Jlaw SENIOR MEMBER

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    lol, Time magazine's bs article. I can't believe americans believe this

    "The U.S. ranks somewhere in the middle of the fiscal space picture at 165, with 41 debt-to-GDP points to spare before we enter the caution zone. That means we have a decent amount of spending room before Moody’s ratings start to sound dire. For comparison, Norway leads the fiscal space list with a score of 246, the U.K. comes in a 132, slightly outside the caution area, and Japan is right in the red with a last-place score of 0."

    Yup. I'm going to believe Japan , a creditor nation is in worse shape than debtor US
     
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  9. Shotgunner51

    Shotgunner51 INT'L MOD

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    Did you even read what you posted in your link? From Time.com one of those "mainstream media"?

    Moody’s Analytics provides a sort of middle ground by creating a per-country debt threshold using a concept called “fiscal space.” In this framework, each country is assigned a debt-to-GDP limit - based on its economic growth forecast, interest rates, and other factors - beyond which point the nation “will default unless policymakers take unprecedented steps.”

    The U.S. ranks somewhere in the middle of the fiscal space picture at 165, with 41 debt-to-GDP points to spare before we enter the caution zone.


    It says US ranks somewhere in the middle of this so-called "fiscal space" picture, a concept entirely created by "Moody's Analytics" out of thin air, a term completely non-existent in central banks, IMF or World Bank. And you use this as your argument? What did Moody say about sub-prime before 2008?​

    Come back to cold hard reality, US National Debt as of 10/12/2016 is US$ 19,688,681,856,198.07, unprecendented in mankind history, surpasses annual GDP, you call it "middle of the pack"?

    This mounting National Debt of US government is the key driver for the nation to become the largest debtor on this planet, second to none, now at an international position of -$8.0428 trillion, and still sinking at a break-neck speed of $1.8 trillion per year, is it "middle of the pack"? Where is the end?

     
    Last edited: Oct 14, 2016
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  10. terranMarine

    terranMarine SENIOR MEMBER

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    Maybe @anon45 thinks US can print unlimited greenbacks, everybody is dying to buy US T-Bills :meeting:
    Things are not as bad as what the media is telling them :lazy2:

    [​IMG]
     
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  11. Indika

    Indika SENIOR MEMBER

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    As long as the dollar remains the main reserve currency they have no issue. Only when it changes we will see some effect and that is a looooooooong shot.
     
  12. Jlaw

    Jlaw SENIOR MEMBER

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    i bet you $1000 rupee that some indian is going to rebuttal you with something to the effect of "as long as US is reserve currency, debt is no issue!"
     
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  13. terranMarine

    terranMarine SENIOR MEMBER

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    I don't blame our Indian friend here for thinking exact the same as the majority of the Americans. There's no medicine to cure that type of syndrome hence the dire situation in India. If Indians are experts in predictions India would not be where it is today.
     
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