Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Ireland
IRLB6FATT01NCCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,188,000,000.00
Year-over-Year Change
9.29%
Date Range
1/1/2002 - 1/1/2024
Summary
The Balance of Payments Financial Account Net (Assets Minus Liabilities) for Ireland measures the country's net international investment position, providing insights into its economic integration and financial stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric tracks Ireland's net acquisition of foreign assets and liabilities, reflecting cross-border investment flows. It is a key indicator of the country's international economic relations and can signal imbalances or risks in its financial system.
Methodology
The data is collected by Ireland's Central Statistics Office through surveys of domestic entities' international transactions and positions.
Historical Context
Policymakers and analysts use this indicator to evaluate Ireland's external sector performance and financial vulnerability.
Key Facts
- Ireland has been a net creditor nation since the 1990s.
- The financial account net position reached a record high of $304 billion in 2021.
- Ireland's large net international investment position reflects its role as a global financial hub.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments Financial Account Net (Assets Minus Liabilities) for Ireland tracks the country's net acquisition of foreign assets and liabilities, reflecting its cross-border investment flows.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Ireland's international economic relations and can signal imbalances or risks in its financial system, making it a key indicator for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected by Ireland's Central Statistics Office through surveys of domestic entities' international transactions and positions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate Ireland's external sector performance and financial vulnerability, informing decisions on economic and financial policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may be subject to revisions as more information becomes available.
Related Trends
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Ireland
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Financial Market: Real Effective Exchange Rates: CPI Based for Ireland
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Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Ireland
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Ireland
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Ireland
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Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings for Ireland
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Ireland (IRLB6FATT01NCCUQ), retrieved from FRED.