"Figure 6: The UK international investment net liability position increased in Quarter 4 2022 ","" "UK net international investment position, Quarter 1 (January to March) 2020 to Quarter 4 (October to December) 2022","" "","" "Notes","1. Q1 refers to Quarter 1 (Jan to Mar), Q2 refers to Quarter 2 (Apr to June), Q3 refers to Quarter 3 (July to Sept) and Q4 refers to Quarter 4 (Oct to Dec)." "Unit","£ billion" "","" "","Direct investment","Portfolio investment","Other investment","Financial derivatives & employee stock options","Reserve assets","Total" "Q1 2020","-85.8","-415.8","297.2","-26.3","137.2","-93.5" "Q2 2020","-147.9","-356.7","255.1","-40.2","140.1","-149.6" "Q3 2020","-228.9","-271.6","239.7","-21.5","131.0","-151.3" "Q4 2020","-324.0","-342.3","183.4","-33.4","131.8","-384.5" "Q1 2021","-311.3","-336.9","201.0","-32.7","124.1","-355.9" "Q2 2021","-329.6","-328.5","232.1","-61.9","121.3","-366.7" "Q3 2021","-435.9","-315.2","185.8","-64.2","143.4","-486.0" "Q4 2021","-233.0","-394.3","207.9","-71.0","143.4","-347.0" "Q1 2022","-350.1","-374.8","231.2","-61.7","144.8","-410.7" "Q2 2022","-381.0","-358.1","272.3","-65.7","144.1","-388.4" "Q3 2022","-347.6","-214.5","383.7","-76.9","143.2","-112.1" "Q4 2022","-410.5","-261.8","347.4","-93.3","146.7","-271.6"