International Investment Position, Australia: Supplementary Statistics

Latest release

Supplementary statistics on Australia's international investment position by counterpart countries

Reference period
2023

Key statistics

  • Australia’s IIP was a liability of $836.6b at 31 December 2023, a decline of $107.5b from the end of 2022.
  • Foreign investment in Australia rose $62.8b to $4,659.5b.
  • Australian investment abroad rose $170.3b to $3,822.9b.

Level of investment

Signage not applied

Signage not applied

Level of foreign investment in Australia

The following graph and all subsequent graphs illustrate the levels of foreign investment from select countries and country groups for the past 5 years (2019-2023).

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Top 20 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries3,943,5264,056,4384,160,3194,596,7104,659,501
United States of America1,015,032933,9761,052,7501,096,9601,170,719
United Kingdom723,392768,631680,252964,443878,973
Belgium347,962408,639393,979359,208379,074
Japan243,821262,978255,833258,820265,164
Hong Kong (SAR of China)143,491143,505130,511138,643146,577
Singapore99,528118,035124,892150,291140,800
Luxembourg87,999107,48292,21788,545103,903
Canada59,83765,08275,974104,724103,795
Netherlands88,75385,20190,12590,61991,713
China (excludes SARs and Taiwan)79,83884,41394,97687,76987,977
New Zealand66,44568,34168,77373,10679,470
Switzerland59,04363,75974,57176,94176,157
Germany47,93646,50750,47751,58053,645
France34,59642,95843,45952,35351,157
India16,082na29,233na47,267
Bermuda45,14542,44944,82547,90347,130
Ireland29,90337,57540,47938,93542,467
Norway24,90625,45328,63030,38333,077
Korea, Republic of (South)31,25531,13429,76528,14029,311
Malaysia22,34018,95319,58619,81124,945

Based on 2023 values

Level of Australian investment abroad

Levels of foreign investment from select countries and country groups for the past 5 years (2019-2023):

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Signage not applied

Top 20 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries2,944,5083,011,8883,321,7213,652,5763,822,867
United States of America842,084877,5101,115,0421,065,1941,196,017
United Kingdom540,441622,987528,649822,864732,096
New Zealand133,526109,105104,132153,658171,973
Japan140,744109,331129,109125,993135,511
Canada82,79894,51992,194106,201109,183
Cayman Islands82,68581,40394,997105,224101,853
France52,61761,89165,36681,01391,205
Germany98,16588,603101,45572,83983,163
Singapore84,16063,36059,33674,20575,928
Hong Kong (SAR of China)67,05469,80063,81877,33374,710
Ireland21,58137,12549,76448,76268,173
Netherlands44,56646,34351,64957,57556,537
China (excludes SARs and Taiwan)85,63867,37270,16959,68855,312
Bermuda39,07538,33739,37942,13141,723
Switzerland34,11430,60735,72837,06840,067
Luxembourg19,46819,14222,47427,37831,067
Korea, Republic of (South)22,47525,44127,33527,26629,828
Papua New Guinea17,12617,39924,92825,75326,391
Taiwan16,96116,01920,70317,25422,872
India20,00815,86920,38117,95322,238

Based on 2023 values

Financial account transactions

The financial account at 31 December 2023 recorded a deficit of $33.2b, following a deficit of $24.1b recorded at the end of 2022.

Foreign investment in Australia, direct and portfolio investment transactions

  • Direct investment recorded an inflow of $45.0b; and
  • Portfolio investment recorded an inflow of $82.0b

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Top 10 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries55,43320,57831,76891,35244,965
United States of America612-13,854-8,4041,19635,793
United Kingdom27,6105,3019,91415,22721,794
Netherlands4,9731642,6252,795-11,864
Japan11,25119,0072,1892,9489,021
Bermuda-8-2,390na3,7842,584
France-14,837-545253882,317
Malaysia200-1745833581,705
Germany1,6268001,6779411,284
Singapore4,5833,6928,063-2,940-920
Sweden7432992,4302,504888

Based on 2023 absolute values

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Top 10 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries39,89650,23474,524139,92481,986
Belgium27,52562,8649,30326,48832,037
Luxembourg4,99118,776-12,6484,05818,247
United States of America-2,990-35,36772,00443,523-17,561
Hong Kong (SAR of China)6,751-5,333-6,864-6,77711,846
France-2,0813,4236,5186,144-4,142
United Kingdom-4,786-33,366-6,06534,2123,561
Malaysia-450-3,0098391,0473,239
Netherlands-2,720-371-1,618-2,7573,114
Canada-44248-7045,517-2,068
Singapore-2,0109,0351985,0641,862

Based on 2023 absolute values

Australian investment abroad, direct and portfolio investment transactions

  • Direct investment recorded an outflow of $14.8b; and
  • Portfolio investment recorded an outflow of $108.2b

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Signage not applied

Top 10 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries12,5428,1484,128170,18914,785
New Zealand3,5772,0504,10813,4399,554
United Kingdom14,145192-16,649112,3849,079
United States of America3,8545,77812,05212,2704,709
Hong Kong (SAR of China)-4733031,604-77-1,279
Canada2,4121,848-2,55210,975-987
Argentinanana9135682
Singapore1,2071,9591,8466,320680
Bermudana349228203-674
Netherlandsna3774913,026661
Germany500-365na-1,227500

Based on 2023 absolute values

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Signage not applied

Top 10 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries84,47654,349186,14226,197108,186
United States of America25,91660,68088,0983,95842,065
Singapore6,9457,3353,683-92013,138
Ireland1,1122,7032,014-6,16310,045
China (excludes SARs and Taiwan)6,843-5,5055,9511,8407,427
United Kingdom10,5483,1586,7706,0406,423
Germany-120-3,1161,047-2,8103,901
Japan7,7163,66417,051-1,8653,874
Taiwan2,096-1,5742,5602023,718
France-8,6686,8504,4297,7463,397
Luxembourg-675-1,348-4,9191,7423,372

Based on 2023 absolute values

Primary income

Income debits

Income debits totalled $173.7b during 2023, a decrease of $21.5b from 2022.

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Signage not applied

Top 10 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries118,09180,446115,831195,203173,741
United States of America28,86520,36428,41550,18650,109
United Kingdom14,2096,64712,03024,62321,620
Japan12,5487,30213,86123,71918,078
Belgium5,0083,0464,64010,87113,745
Netherlands3,4693,4604,8334,3054,629
Singapore2,7431,9943,4985,4634,383
Luxembourg2,1191,5752,0753,2954,186
China (excludes SARs and Taiwan)2,7651,8143,3814,4833,914
Hong Kong (SAR of China)3,3951,6531,8803,0983,128
Ireland1,1671,1842,0002,5672,481

Signage not applied

Based on 2023 values

Income credits

Income credits totalled $92.6b during 2023, an increase of $3.8b from 2022.

The EU figures in the graph above, represent EU27 (excluding UK) for all years 2019-2023.

Top 10 countries

Country2019 ($m)2020 ($m)2021 ($m)2022 ($m)2023 ($m)
Total all countries65,53058,95066,50888,79892,554
United States of America17,88816,64222,91126,32826,324
United Kingdom6,2564,1105,43310,11610,067
New Zealand4,5852,5634,7646,2705,791
Canada1,1501,2481,2263,4122,898
Singapore1,8552,7232,4683,7952,854
Germany2,1121,8252,2002,0802,477
Japan1,2911,3061,3521,6522,149
France1,1291,1178361,3622,078
Netherlands1,2959471,0031,6771,964
China (excludes SARs and Taiwan)2,5151,8071,3991,5571,842

Based on 2023 values

Data downloads

Tables

Data files

Changes in this issue

Change to country labels

  • Gaza strip and West Bank changed to ‘Occupied Palestinian Territory’
  • Vatican City changed to ‘Holy See’
  • Turkey changed to ‘Turkiye’
  • American Samoa changed to 'Samoa, American'
  • French Southern and Antarctic Lands changed to 'French Southern Territories'
  • Netherlands Antilles changed to 'Netherlands Antilles, nfd'
  • Slovak Republic (Slovakia) changed to 'Slovakia'

Revisions

Revisions include incorporation of new estimates from the latest survey and administrative data which has resulted in revisions to International Investment data back to calendar year 2006.

Rounding

Discrepancies may occur between totals in this publication and the same aggregates from other sources, and between sums of component items and totals due to rounding.

Inquiries

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or International Accounts in Canberra at international.accounts@abs.gov.au.

Previous catalogue number

This release previously used catalogue number 5352.0

Back to top of the page