YEREVAN, January 11. /ARKA/. At the end of 2011 September Armenia’s international investment position increased by $196.01 million from the end of June (in absolute value) or by 2.9% amounting to minus $6.659.8 billion, according to data unveiled by the National Statistical Service. In late September the country’s foreign assets amounted to $4.851.3 billion, an increase of 6.1% or $276.48 million in the reporting period of time.
Some $5.043.42 billion were direct investment in the economy (an increase of 2.6% ), $17.68 million were portfolio investments, which increased by 7.2% and $6.450 billion were other investments (trade loans), which increased by 5.6%. The liabilities during the reporting period increased by 4.2% or $472.48 million to $11.511.1 billion at the end of September.
The International Investment Position (IIP) is a statistical report reflecting the financial assets and liabilities level of a country at beginning and end of a period. At the same time the report represents all the changes occurred due to financial transactions, prices, exchange rate and other adjustments in the reference period.
There are also other factors (price changes, exchange rate changes), which bring to changes in value of assets and liabilities over the period. These changes are also reflected in IIP. IIP reflects the stocks of foreign financial assets and liabilities of economy. -0-
| 30/06/2011 | 30/09/2011 | Changes | |
| Mln, USD | |||
| Net investment position | -6469,9 | -6659.80 | -196.01 |
| Assets, incl. | 4572,95 | 4851.30 | 276.48 |
| Reserve assets | 1782,47 | 1955.78 | 173.31 |
| Liabilities, incl. | 11042,84 | 11511.10 | 472.48 |
| Direct investments | 4917,38 | 5043.42 | 128.72 |
| Portfolio investments | 16,5 | 17.68 | 1.18 |
| Other investments | 6108,96 | 6450.00 | 342.58 |
