Last Updated on Tuesday, 13 August, 2019 at 11:01 am by Christian Keszthelyi
The Maltese economy recorded a net international investment position (IIP) of €8.1bn at the end of 2018, up by €0.8bn as compared to the preceding year, according to figures published by Malta’s National Statistics Office (NSO). Malta’s foreign liabilities were recorded at €240.8bn by the end of the year.
Total foreign assets increased by €6.3bn in 2018, as compared to the preceding year, while total foreign liabilities increased by a year-on-year €5.5bn, adding up for the overall growth, the NSO said.
The level of Malta’s total foreign assets abroad amounted to €248.9bn as at the end of 2018, according to figures by the NSO. Portfolio investment accounted for 46.4% while direct investment represented 30.1% of total foreign assets. An increase of €3.2bn in other investment and €2.4bn in portfolio investment characterised Malta’s foreign assets growth for the year.
Foreign Direct Investment (FDI) totalled €193.7bn by the end of 2018, growing from €184.8bn recorded the end of the preceding year. FDI accounted for 80.4% of total foreign liabilities, according to NSO data. At the end of 2018, other investment represented 17.4% of total foreign liabilities amounting to €42bn, NSO added.