Net International Investment Position (NIIP)

The net international investment position (NIIP) is the difference between a country's total external assets and its total external liabilities, published by the Inter-American Development Bank (IDB) Latin Macro Watch for Latin America and the Caribbean. A positive NIIP indicates that residents are net creditors to the rest of the world, while a negative NIIP indicates that residents are net debtors. It is a key measure of the economy's external financial sustainability.

Coverage

The series spans 15 countries in Latin America and the Caribbean at annual, monthly, and quarterly frequency, covering 1995 to 2025. Values are available in millions of USD and as a share of GDP, each as period averages or end-of-period observations. Available transformations include month-over-month (MoM %), quarter-over-quarter (QoQ %), and year-over-year (YoY %) growth rates.

Sources

Data are compiled from regional central banks and monetary authorities, including the Banco Central do Brasil, Banco de Mexico (Banxico), Banco de la República de Colombia, and Consejo Monetario Centroamericano, and standardized within Latin Macro Watch for cross-country comparability.

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Format	CSV
Language	en
Country	Argentina Bahamas Trinidad & Tobago Belize Costa Rica Dominican Republic Ecuador Bolivia Brazil Chile Colombia El Salvador Jamaica Mexico Nicaragua Guatemala Guyana Haiti Honduras Panama Uruguay Venezuela Barbados Paraguay Peru Suriname
Data notes	What does the Net International Investment Position measure? It measures the difference between a country's total external assets and total external liabilities; a positive value means residents are net creditors, a negative value net debtors, gauging external financial sustainability. How many countries and which time period are covered? The indicator covers 15 countries across Latin America and the Caribbean over the period 1995-2025, at annual, monthly, and quarterly frequency. What units and transformations are available? Values are available in millions of USD and as a share of GDP, as period averages or end-of-period observations, with MoM %, QoQ %, and YoY % growth rates. Where does the data come from? The data are compiled from regional central banks and monetary authorities, including the Banco Central do Brasil, Banco de Mexico (Banxico), Banco de la República de Colombia, and Consejo Monetario Centroamericano, then standardized within Latin Macro Watch. What is this indicator typically used for? It is used to assess external vulnerability and net creditor or debtor status, monitor financial sustainability, and support balance-of-payments and macro-financial research across the region. How do I cite this indicator? Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Net International Investment Position (NIIP)". data.iadb.org/dataset/latin-macro-watch-dataset.