Net International Investment Position (NIIP) of Belgium 2017-2022
The Net International Investment Position (NIIP) is the value of financial assets of Belgian residents abroad minus the value of financial assets of non-residents in Belgium and is calculated as a percentage of GDP. If the NIIP is negative, a country is in debt to the rest of the world. A large negative net international investment position means that a country is sensitive to developments on international capital markets and effectively is a debtor nation. A positive NIIP value indicates a nation is a creditor nation. For this indicator the European Commission has only set a lower limit of -35 percent. Financial investors use this indicator to gauge the creditworthiness of a country.