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Recent Developments in Foreign Direct Investment into the U.S. Accessible Data
Figure 1. FDI into the U.S. by Type of Financing
Stacked bar chart showing FDI into the U.S. by type of financing from 2000 to 2025, measured in billions of USD. Three components are displayed: new equity (orange), reinvested earnings (dark red), and net lending to U.S. subsidiaries (dark blue). Total FDI fluctuates between approximately 100 and 500 billion USD over the period. Notable peaks occur in 2015-2016 reaching nearly 500 billion. New equity consistently forms the largest positive component across most years. Net lending shows significant variation, including negative values in several years, most notably 2018-2020 where it drops to approximately -100 billion. From 2021-2025, total FDI stabilizes around 300-400 billion, with reinvested earnings showing increased contribution in recent years.
Note: The debt series is shown on a directional basis.
Source: Bureau of Economic Analysis, International Transactions, via Haver, as of June 24, 2026.
Figure 2. FDI into the U.S. by Industry
Horizontal bar chart showing FDI into the U.S. by industry, comparing two measures: Change from 2024 (dark blue bars) and change from post-Covid mean (red bars), both measured in percent. The chart displays 11 industry sectors. Food manufacturing shows the largest decline at approximately -150% for both measures. Transportation equipment manufacturing also shows significant declines around -100%. Finance shows moderate declines near -50%. Chemical manufacturing displays a positive change from 2024 (approximately +50%) but negative change from post-Covid mean. Services, machinery manufacturing, computer manufacturing, and other manufacturing show modest positive values for both measures, ranging from roughly +20% to +50%. Electrical equipment manufacturing shows stronger positive growth around +60% to +80%. Metal product manufacturing exhibits the strongest positive performance at approximately +150% change from 2024 and +100% from post-Covid mean. Metal manufacturing excluding Nippon/US Steel shows moderate declines around -50% for both measures.
Note: Key identifies in order from top to bottom.
Source: Bureau of Economic Analysis, International Transactions, via Haver, as of June 24, 2026.
Figure 3. Greenfield FDI into the U.S.
Stacked bar chart showing greenfield FDI into the U.S. by sector from 2003 to 2025, measured by number of projects. Six sectors are displayed: other services (gray), energy & natural resources (yellow), other manufacturing (light purple), advanced manufacturing (dark blue), high tech (dark red). The total number of projects shows significant growth over the period, starting around 550 projects in 2003 and increasing to approximately 2,250 projects by 2024. Other services forms the base layer and remains relatively stable at 200-300 projects annually. Advanced manufacturing shows substantial growth, expanding from about 200 projects in 2003 to nearly 900 projects by 2024, becoming the largest single sector. High tech grows from approximately 150 projects in 2003 to 400-500 projects in recent years. Energy & natural resources increases modestly from about 50 to 150-200 projects. Other manufacturing shows moderate growth throughout the period. A notable peak occurs in 2019 at approximately 1,950 total projects, followed by a decline in 2020 to about 1,550 projects, likely due to the COVID-19 pandemic, before recovering to over 2,000 projects by 2023-2024. The year 2025 is marked with an asterisk, indicating projected or incomplete data.
Note: Counts for 2025 are preliminary and may be revised up slightly. Key identifies in order from top to bottom.
Source: fDi Markets, as of April 2026.
Figure 4. Foreign Acquisitions of U.S. Firms
Combined bar and line chart showing foreign acquisitions of U.S. firms from 2005 to 2025. Purple bars represent the number of announced deals (left y-axis, measured in number of acquisitions), while two lines show values in billion USD (right y-axis): a dashed line for value of announced deals and a solid line for value of completed deals. The number of announced deals fluctuates between approximately 1,300 and 2,800 acquisitions annually, starting around 1,450 in 2005, peaking at roughly 2,800 in 2021, and declining to about 1,800 by 2025. The value of announced deals (dashed line) shows high volatility, starting at about 110 billion USD in 2005, reaching a low of approximately 60 billion USD in 2009 during the financial crisis, then surging to peaks of about 450 billion USD in 2016 and 2021. In 2025, it rebounds to around 400 billion USD. The value of completed deals (solid line) generally tracks the announced deals with some lag, starting around 100 billion USD in 2005, peaking at about 440 billion USD in 2016 and close to 500 billion USD in 2021, dropping to roughly 200 billion USD in 2023-2024, then rising to approximately 290 billion USD in 2025. Notable divergences between announced and completed deal values occur in 2009, 2015 and 2017.
Note: The totals exclude withdrawn deals, recapitalizations, repurchases, spinoffs, self-tenders, and exchange offers.
Source: LSEG Data and Analytics, as of April 3, 2026.
Figure 5. Announced Foreign Acquisitions of U.S. Firms, by Industry
Two stacked bar charts showing announced foreign acquisitions of U.S. firms by industry from 2005 to 2025.
The top chart displays the number of announced deals (measured in number of projects) broken down by five sectors: Other services (gray), Energy & natural resources (yellow), Other manufacturing (light purple), Advanced manufacturing (dark blue), and High tech (dark red). Total announced deals range from approximately 1,300 to 2,800 projects annually. The total shows an overall upward trend, starting around 1,450 deals in 2005, peaking at roughly 2,750 in 2021, and declining to about 1,800 by 2025. Other services consistently forms the largest base layer at 500-800 deals per year. Energy and natural resources deals have gradually declined from around 200 per year before 2012 to fewer than 100 per year since 2018. Advanced manufacturing and Other manufacturing have been steady at roughly 200 and 100 deals per year, respectively. High tech deals increase from approximately 300 in 2005 to 600-900 in recent years.
The bottom chart shows the value of announced deals (measured in billion USD) for the same five sectors and time period. Total values fluctuate more dramatically, ranging from approximately 60 billion USD to 450 billion USD. Notable peaks occur in 2007 (~450 billion USD), and 2021 (~450 billion USD). The 2009-2010 financial crisis period shows lower values around 130-190 billion USD. Other services typically represents the largest value share at 50-150 billion USD annually. Energy & natural resources shows high variability, particularly in 2016 when it reached approximately 150 billion USD. By 2025, total value recovers to around 410 billion USD after dipping to about 205 billion USD in 2023, with the recovery in 2025 attributable to high tech.
Note: The totals exclude withdrawn deals, recapitalizations, repurchases, spinoffs, self-tenders, exchange offers, and acquisitions of government and agency entities. Key identifies in order from top to bottom.
Source: LSEG Data and Analytics, as of April 2026, aggregated by announcement date.