Japan's International Investment Position at Year-End 2005
Japan's international investment position (IIP) (the outstanding amount of external financial assets of residents in Japan minus the outstanding amount of external financial liabilities of residents in Japan) recorded a net asset position of 180.7 trillion yen at year-end 2005. This represents a decrease of 5.1 trillion yen or 2.7 percent from the previous year-end, but marks the second highest level on record after the historical high set at year-end 2004.