Global Portfolio Investment Assets and Liabilities (as of the end of December 1997)
(Trillions of U.S. dollars)
(A) Shows global holdings of portfolio investment assets and liabilities compiled by summing across countries’ international investment position (IIP) data and, in the absence of such sources for particular countries, by summing balance of payments flows, or a combination of the most recent IIP data plus accumulated flow data to the end of 1997.(B) Shows the changes to the data in row A that result from using data from the 1997 CPIS, the international banking statistics system of the Bank for International Settlements (BIS), the results of the IMF Survey of the Geographical Distribution of Securities Held as Foreign Exchange Reserves (SEFER) that was conducted in conjunction with the 1997 CPIS, and data provided by major international organizations on their portfolio investment holdings.
|Assets||Liabilities||Assets less Liabilities|
|(A) Estimate based on available IIP or cumulated BOP data||6.91||8.90||-1.99|
|(B) Revisions to basic estimate due to combined CPIS, IMF SEFER, international organizations, and information from the BIS||+0.75||+0.44||+0.31|
|Final estimate (A) + (B)||7.66||9.34||-1.68|