The Central Bank of Luxembourg reported that the country’s external financial assets rose by EUR 614 billion from the first quarter to EUR 14.350 trillion in the second quarter of 2026. External liabilities increased by a similar amount to EUR 14.329 trillion, leaving a net international investment position of EUR 21 billion. Portfolio investment drove much of the increase as higher financial market valuations lifted foreign securities holdings by EUR 542 billion to EUR 6.991 trillion. Luxembourg securities held by nonresidents rose by EUR 523 billion to EUR 8.768 trillion, reflecting EUR 101 billion of transactions and EUR 423 billion of price and exchange rate effects. Direct investment assets edged up to EUR 5.218 trillion, mainly because of investment funds, while related liabilities declined to EUR 3.683 trillion, driven by captive financial institutions. Other investment assets increased to EUR 1.766 trillion, while liabilities rose by EUR 70 billion to EUR 1.539 trillion.
Central Bank of Luxembourg reports EUR 21 billion net international investment position for second quarter of 2026
Luxembourg’s external assets rose by EUR 614 billion to EUR 14.350 trillion in the second quarter of 2026, while liabilities increased to EUR 14.329 trillion. The resulting net international investment position was EUR 21 billion, with higher financial market valuations driving most of the portfolio investment growth.