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External Factors

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The External Factors section provides an overview of Montserrat’s economic interactions with the rest of the world. It includes key statistics on the Balance of Payments, International Investment Position, and Trade in Services, offering insights into the country’s external transactions, financial assets and liabilities, and cross-border service trade. These data help inform policy decisions, economic analysis, and public understanding of Montserrat’s international economic relationships.

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In 2023, Montserrat became a net lender to the rest of the world, largely because its commercial banks increased holdings of foreign debt securities (portfolio investment assets), leading to net outflows of about US$52.2 million in that category.

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