The NIIP can be regarded as a nation's balance sheet with the rest of the world at a specific point in time / Photo from facebook.com/NationalBankOfUkraine
Ukraine's net international investment position (NIIP), which is the nation's stock of foreign assets minus its foreign liabilities, improved in 2015, according to the National Bank of Ukraine (NBU).
The negative NIIP value shrank by 17.5%, or $11.019 billion, to $52.104 billion, the NBU reported on its website.
In 2015, Ukraine's assets expanded by 2.11%, or $2.5 billion, to $125.095 billion, while the liabilities fell by 4.5%, or $8.424 billion, to $177.199 billion.
As UNIAN reported earlier, the negative value of Ukraine's NIIP in 2014 fell by 21.9%, or $16.832 billion, to $63.123 billion.
The NIIP can be regarded as a nation's balance sheet with the rest of the world at a specific point in time.
A negative NIIP figure indicates that a nation's foreign liabilities exceed its foreign assets, while a positive NIIP figure indicates that its foreign assets exceed its liabilities.
NIIP includes foreign assets and liabilities held by a nation's government, the private sector and citizens.