Economy recorded a net IIP of €14.1 in 2022

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Last Updated on Wednesday, 10 January, 2024 at 11:23 am by Andre Camilleri

As at the end of 2022, the Maltese economy recorded a net International Investment Position of €14.1 billion.

When compared to the figures recorded in the end of 2021, total foreign assets increased by €36.1 billion in 2022 while total foreign liabilities increased by €36.5 billion in 2022, resulting in an overall decrease in the net International Investment Position (IIP) of €0.4 billion.

The level of Malta’s total foreign assets abroad amounted to €561.8 billion as at the end of 2022.

Direct Investment accounted for 79.7 per cent while Other Investment represented 13.5 per cent of total foreign assets. The increase in Malta’s foreign assets was driven mainly by a €37.1 billion increase in Direct Investment.

At the end of December 2022, Malta’s foreign liabilities stood at €547.6 billion. Direct Investment totalled €460.8 billion up from €422.8 billion recorded in December 2021 and accounted for 84.1 per cent of total foreign liabilities. Other Investment represented 12.4 per cent of total foreign liabilities and totalled €67.9 billion for the corresponding year.

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