Reported 7 months ago
In the report released by the Central Bank of Taiwan on June 14, 2024, the country's international investment position continued to hit a historical high, reaching $1.7353 trillion USD, making Taiwan the 5th largest net creditor nation globally for the third consecutive year. The data showed a surge in foreign assets and the second-highest level of liabilities, indicating a growing trend in outward investments from Taiwan and foreign investments into Taiwan, reflecting the country's increased global participation. The report also compared Taiwan's position with other top-ranking countries, attributing their high net assets to persistent current account surpluses over the years.
Source: YAHOO