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General TradingN

Net International Investment Position (NIIP)

The difference between a country's external financial assets and liabilities. A positive NIIP means the country is a net creditor; a negative NIIP means it is a net debtor to the rest of the world.

Example

Japan's large positive NIIP, driven by decades of overseas investment, helped support the yen during global risk-off events as repatriation flows strengthened the currency.