Signal Japan and Germany reached net lending near 90% of GDP, the US net borrowing near 90%
Summary
MGI reports international investment positions reaching new highs in 2025, with Japan and Germany each at nearly 90 percent of GDP in a net lending position and the United States at nearly 90 percent of GDP in a net borrowing position, half of the US negative position sitting in equity because US equities appreciated faster than others.
Classification
Main topicTrade & Economic Security
Region menusGlobal
Occurrencescope:country · geo_region:east_asia · geo_region:europe · geo_region:north_america · country:DE · country:JP · country:US
Impactscope:global
Time horizon0-3 years (2026-07-26)
Last updated2026-07-29 04:49:52
Evidence 1
- The global balance sheet 2026: Imbalance and divergence McKinsey Global Institute page=25;section=Is the balance sheet 'in balance?' / Cross-border positions 2026-07 accessed 2026-07-26
Part of trends 1
- TrendCross-border positions widen and face political limits2 signals
Directly linked issues 1
- IssueHousehold wealth is partly a claim of citizens on themselves as taxpayers and customers1 trends · 2 signals
Relation types: direct_urgent · supports
Public id: fm-7cf5ff8df924