International Investment Position statistics is harmoniesed with balance of paymenets statistics and covers monetary authority, government, banking and other sectors. International investment position statistics is published since 2007 annually (data was covered since 2006). Starting from 2009 international investment position statistics is published quarterly. From the second quarter of 2011 published series on IIP covers data from 2000. Starting from fourth quarter of 2011 additional table on IIP is published. Apart from stocks new table indicates details about changes in IIP.

Net international investment position (IIP) of Georgia by the end of the first quarter of 2012 amounted to -13.9 billion of USD (-23.1 billion GEL) that is -1.8 billion USD (-3.0 billion GEL) increase on yearly base and -485.3 million USD (805.6 million GEL) increase compared to the previous quarter record. Of total growth, 78.8 percent was due to transactions; 9.2 percent - due to exchange rate changes; 4.1 percent - due to price changes, and 8.0 percent - due to other changes. Total international assets amounted to 4.8 billion of USD (8.0 billion GEL) as for 31^st of March 2012. 58.5 percent out of total international assets consists of reserve assets; 18.1 percent - of direct investment, 13.7 percent - of currency and deposits; 7.4 percent - of trade credits; 1.8 percent - of loans; and 0.1 percent portfolio investments and financial derivatives. Reserve assets increased by 98.1 million USD (162.9 million GEL) compared to the record of the same period from 2011. Reserve assets amounted to 2.8 billion of USD (4.7 billion GEL) by the end of the reporting period, of which 138.5 million of USD (229.9 million GEL) was due to transactions; -43.3 million of USD (-71.9 million GEL) - due to exchange rate changes; and 3.0 million of USD (4.9 million GEL) - due to price changes. National Bank of Georgia from December 2011 started repayment of IMF credit; therefore, growth of Reserve assets was modest.

As for liabilities, for the same period, total liabilities amounted to 18.7 billion of USD (30.1 billion GEL), that is 2.0 billion USD (3.3 billion GEL) increase on yearly base.  Liabilities to direct investors increased by 14.3 percent and amounted to 9.6 billion of USD (16.0 billion GEL). Portfolio investment liabilities grew by 14.8 percent yearly, and amounted to 1.4 billion of USD (2.3 billion GEL), of which 618.3 million of USD (1.0 billion GEL) is government Eurobonds and 264.7 million of USD (439.5 million GEL) - Eurobonds of Georgian railway. Treasury bills and treasury bonds bought by non-residents, total 82.7 million of USD (137.2 million GEL) is also included in this component.

By the end of the reporting period, as compared to the preceding year, other investments liabilities increased by 8.9 percent and amounted to 7.7 billion of USD (12.8 billion GEL). From that amount loans comprised 6.2 billion of USD (10.3 billion GEL). Monetary authorities' loans decreased by 15.5 percent as compared to the same period record of the previous year and amounted to 560.0 million of USD (929.7 million GEL). External liabilities of public sector grew by 7.0 percent due to long term liabilities. Banking sector loans increased by 4.5 percent, of which long term liabilities decreased by 1.6 percent while short-term liabilities increased by 33.9 percent and amounted to 305.0 million USD (506.3 million GEL). Currency and deposits liabilities increased by 46.7 percent compared to the previous year and reached 595.8 million USD (989.0 million GEL).

By the end of March  of 2012, the other long term liabilities of the National Bank of Georgia reached 223.1 million of USD (370.3 million GEL), which is the allocation of Special Drawing Rights (SDR).