FINANCIAL CONNECTEDNESS RANKING 2016MCKINSEY GLOBAL INSTITUTE

RANK COUNTRYTOTAL, $ billion FOREIGN ASSETS, % of GDP FOREIGN LIABILITIES, % of GDP

FOREIGN ASSETS AND LIABILITIES AS % OF GDP>500 100–500 50–100 10–50 <10

Total foreign assets and liabilities/GDP, %

Net capital providerNet capital recipientFinancial center1

(change vs 2005 rank)

Total foreign assets

Total foreign liabilities

FDI2 Equity Debt secur-ities

Loans and other

FDI2 Equity Debt secur-ities

Loans and other

Foreign reserve assets

1Stock of foreign assets and liabilities/GDP > 1,000% 2Foreign direct investment.

21,708

10,643

10,577

8,045

8,064

8,215

6,149

6,594

4,963

4,471

4,290

3,212

2,713

2,976

1,760

2,142

1,471

1,414

1,529

772

1,226

1,218

909

930

582

540

638

930

296

352

29,922

10,825

10,492

7,970

6,617

5,472

6,983

4,739

5,572

3,402

3,537

3,071

2,878

2,350

2,906

2,012

2,277

1,448

796

1,486

926

928

967

793

1,065

933

707

304

669

556

40

9,088

71

659

57

29

66

12

478

537

232

83

34

230

55

197

35

94

58

17

33

22

82

77

14

6

65

13

8

41

38

3,016

64

109

29

29

30

2

331

274

93

66

43

174

20

67

32

81

172

1

<1

13

28

78

0

<1

73

17

<1

17

15

3,460

71

116

57

50

72

1

511

153

98

19

33

171

25

76

18

25

114

<1

5

9

52

60

5

<1

64

12

1

46

21

2,332

191

155

84

35

76

15

370

310

125

36

28

344

38

114

27

65

53

4

28

17

68

68

19

2

63

20

10

55

2

2

5

5

5

25

6

29

1

120

103

5

9

83

5

5

4

12

16

20

29

26

6

21

17

16

4

84

12

12

39

8,231

59

576

42

5

44

26

474

574

192

66

26

359

60

213

51

81

52

43

32

13

74

51

45

14

51

36

30

72

35

6,376

58

86

20

30

35

5

903

135

145

30

10

52

25

27

30

49

23

14

11

27

15

60

12

7

52

3

11

15

59

1,797

99

206

61

28

109

2

183

16

16

65

66

13

69

97

69

95

71

13

4

13

98

86

31

4

91

<1

14

47

28

1,799

183

167

68

48

96

9

338

336

183

39

53

368

81

94

31

58

69

13

25

12

64

61

14

17

104

8

16

138

278

36,101

801

2,077

424

277

533

101

3,588

2,455

1,186

411

302

1,793

378

890

298

560

628

126

168

152

485

562

157

65

568

193

103

443

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

(—)

(+4)

(–1)

(—)

(–2)

(+1)

(–2)

(+8)

(–1)

(+4)

(–1)

(+1)

(–4)

(+1)

(–4)

(–4)

(+1)

(–1)

(+2)

(+7)

(–1)

(+1)

(–4)

(–2)

(–1)

(+3)

(–1)

(n/a)

(+7)

(–5)

United States

Luxembourg

United Kingdom

Netherlands

Germany

Japan

France

China

Ireland

Hong Kong, China

Switzerland

Canada

Italy

Singapore

Spain

Belgium

Australia

Sweden

Norway

Brazil

Russia

South Korea

Austria

Denmark

Mexico

India

Finland

Saudi Arabia

Indonesia

Portugal