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South Africa’s quarterly international investment position (IIP)
Published Date:
2016-03-31
Last Modified Date:
2020-10-01, 09:31 PM
Category:
Publications > International Investment Position
South Africa’s positive net international investment position (IIP) improved markedly from R109 billion at the end of September 2015 to R714 billion at the end of December primarily due to a significant stronger increase in the value of South Africa’s foreign assets compared to the increase in the value of foreign liabilities. For the second consecutive quarter, the country’s net international investment position benefited from a significant depreciation in the exchange rate of the rand.