Featured statistic: EUR 2,075 billion

Date 14 November 2006

At 31 December 2005, Dutch residents’ external claims stood at EUR 2,075, thus passing the EUR 2,000 billion mark.

Grafiek nationale concurrentie indicator

Compared to 2004, external claims rose by 18 per cent, and compared to 1991, by six times. The latter increase reflects the process of internationalisation that the Dutch economy has passed through since.

The external claims are constituted by direct investment abroad, foreign securities, financial derivatives, other investment (largely consisting of Dutch banks’ claims on non-residents) and official reserves. As appears from the chart below, the increase in total claims is primarily accounted for by the enormous growth of Dutch foreign securities holdings and, to a slightly lesser extent, Dutch corporate direct investment abroad.