Financial Accounts of the United States - Z.1
F.230 Direct Investment
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2017 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | FA263192005 | 353.4 | -169.4 | 118.9 | 118.0 | -77.9 | 267.6 | 219.2 | 63.0 | 235.7 | 1 |
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | FA263192101 | 392.2 | -218.1 | 173.5 | 174.7 | 59.6 | 202.3 | 318.1 | 118.7 | 284.0 | 2 |
| Rest of the world; U.S. direct investment abroad: equity other than reinvested earnings; liability | FA263192113 | 42.0 | 72.0 | 17.4 | 42.7 | 57.3 | 105.0 | 30.9 | -22.4 | 52.5 | 3 |
| Rest of the world; U.S. direct investment abroad: reinvested earnings; liability (current cost) | FA263192125 | 350.2 | -290.1 | 156.1 | 132.0 | 2.4 | 97.4 | 287.2 | 141.1 | 231.4 | 4 |
| Rest of the world; U.S. direct investment abroad: current-cost adjustment on reinvested earnings; liability | FA263192193 | 25.6 | 25.1 | 25.3 | 25.1 | 25.2 | 25.2 | 25.1 | 25.1 | 25.0 | 5 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FA103092105 | 343.2 | -199.0 | 124.3 | 163.8 | -16.3 | 216.1 | 301.2 | 154.1 | 324.9 | 6 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | FA763092100 | 13.6 | -0.7 | 11.8 | -4.4 | 8.5 | 8.7 | -10.1 | -24.6 | -37.4 | 7 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | FA513092103 | 1.9 | 8.0 | 4.9 | 16.3 | 23.7 | 20.7 | 25.4 | -4.4 | 1.7 | 8 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | FA543092173 | 3.4 | -11.3 | -2.5 | -1.4 | 5.3 | -5.1 | -4.7 | -1.0 | -5.7 | 9 |
| Finance companies; U.S. direct investment abroad: equity (market value) | FA613092103 | 17.5 | -10.8 | 15.1 | -1.3 | 15.7 | -21.8 | 7.3 | -6.3 | 4.0 | 10 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | FA663092103 | 12.5 | -4.3 | 20.0 | 1.7 | 22.9 | -16.1 | -1.0 | 1.0 | -3.5 | 11 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability | FA263192305 | -38.8 | 48.8 | -54.6 | -56.7 | -137.5 | 65.2 | -98.9 | -55.7 | -48.2 | 12 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability | FA263192313 | 11.0 | 42.9 | 15.0 | -55.0 | -143.4 | -65.8 | 60.8 | -71.7 | 98.8 | 13 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset | FA263092313 | 49.8 | -5.8 | 69.7 | 1.7 | -5.9 | -131.0 | 159.7 | -16.0 | 147.1 | 14 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | FA103092305 | -32.7 | 41.3 | -46.8 | -49.0 | -116.9 | 58.3 | -86.5 | -50.7 | -39.5 | 15 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) | FA763092305 | -1.4 | 2.2 | -2.2 | -2.0 | -5.4 | 2.3 | -3.6 | -1.5 | -2.7 | 16 |
| Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) | FA513092305 | -0.8 | 1.3 | -1.3 | -0.9 | -3.0 | 1.3 | -1.4 | -0.7 | -1.2 | 17 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | FA543092375 | -0.2 | 0.3 | -0.3 | -0.7 | -1.6 | 0.7 | -1.2 | -0.7 | -0.6 | 18 |
| Finance companies; U.S. direct investment abroad: intercompany debt (market value) | FA613092305 | -1.5 | 2.3 | -2.6 | -2.2 | -5.8 | 0.7 | -2.5 | -1.2 | -2.1 | 19 |
| Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) | FA663092305 | -2.1 | 1.4 | -1.4 | -1.9 | -4.8 | 2.0 | -3.8 | -1.0 | -2.1 | 20 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) (1) | FA263092001 | 315.0 | 243.4 | 282.1 | 177.1 | 172.2 | 99.2 | 158.7 | 278.2 | 320.5 | 21 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FA103192105 | 281.1 | 249.2 | 227.6 | 215.3 | 173.8 | 148.1 | 167.9 | 371.5 | 305.7 | 22 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FA115114103 | 2.3 | 19.0 | 2.7 | -1.6 | 0.2 | 3.3 | -4.1 | -5.7 | -2.2 | 23 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | FA753192103 | 8.0 | 14.6 | 3.7 | 4.3 | -2.2 | 1.0 | 6.6 | 11.9 | 15.7 | 24 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | FA513192103 | -3.5 | 11.5 | 2.4 | 0.5 | 4.1 | -0.8 | 2.4 | -3.7 | 2.8 | 25 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | FA543192173 | 3.7 | 11.8 | 11.9 | 0.4 | -2.2 | 4.7 | -8.6 | 7.7 | 4.2 | 26 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | FA613192103 | 0.4 | 9.2 | 7.2 | 0.3 | -0.7 | 0.1 | 7.5 | -5.7 | 9.4 | 27 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192103 | 30.4 | -3.8 | 30.4 | 35.1 | -145.2 | 109.2 | 44.2 | 132.1 | -30.9 | 28 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | FA733192103 | -20.4 | 32.7 | 4.4 | -49.5 | 153.2 | -145.9 | -47.6 | -157.6 | 36.4 | 29 |
| Other financial business; foreign direct investment in U.S.: equity; liability (market value) | FA503192103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 30 |
| Rest of the world; foreign direct investment in U.S.: equity; asset (market value) (1) | FA263092101 | 302.0 | 344.3 | 290.3 | 204.9 | 181.1 | 119.7 | 168.3 | 350.6 | 341.2 | 31 |
| Rest of the world; foreign direct investment in U.S.: equity other than reinvested earnings; asset | FA263092113 | 199.8 | 199.1 | 143.0 | 113.1 | 110.2 | 81.2 | 47.4 | 213.7 | 156.7 | 32 |
| Rest of the world; foreign direct investment in U.S.: reinvested earnings; asset (current cost) | FA263092125 | 102.2 | 145.2 | 147.3 | 91.8 | 70.9 | 38.5 | 120.9 | 136.9 | 184.5 | 33 |
| Rest of the world; foreign direct investment in U.S.: current-cost adjustment on reinvested earnings; asset | FA263092193 | 19.7 | 20.0 | 20.6 | 20.8 | 20.8 | 20.8 | 20.8 | 20.8 | 20.8 | 34 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA103192305 | 0.4 | -64.6 | 26.0 | -57.0 | -14.3 | -61.2 | -15.9 | -136.4 | -19.4 | 35 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | FA115114305 | 0.1 | 2.0 | -2.9 | 2.0 | -0.0 | -0.0 | 0.4 | 7.7 | -0.6 | 36 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA753192305 | -0.4 | -7.5 | -2.0 | -0.8 | -0.2 | -0.9 | -1.4 | -0.7 | -0.5 | 37 |
| Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA513192305 | -0.5 | -2.9 | -2.0 | 1.1 | -0.0 | -0.1 | -0.3 | 5.1 | -1.0 | 38 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA543192375 | 0.9 | -3.6 | -1.0 | 1.4 | -0.0 | -0.1 | -1.1 | 6.9 | -0.8 | 39 |
| Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA613192305 | -0.1 | -0.7 | -1.9 | 2.2 | -0.0 | -0.0 | -1.2 | 10.0 | 0.2 | 40 |
| Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192305 | 2.6 | -3.2 | 0.3 | 3.6 | -10.3 | 9.2 | 2.6 | 12.9 | -2.8 | 41 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA733192305 | 10.0 | -20.3 | -24.7 | 19.6 | 16.0 | 32.6 | 7.4 | 22.2 | 4.2 | 42 |
| Other financial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA503192305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 43 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt; asset (1) | FA263092303 | 12.9 | -100.8 | -8.3 | -27.8 | -8.8 | -20.4 | -9.6 | -72.4 | -20.7 | 44 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset | FA263092323 | 15.2 | -76.9 | -8.3 | 5.8 | 35.8 | 10.6 | 26.1 | -49.3 | -17.7 | 45 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability | FA263192323 | 2.2 | 23.9 | -0.1 | 33.6 | 44.6 | 31.0 | 35.6 | 23.1 | 3.0 | 46 |
NOTES
- Direct investment is presented on a directional basis and reported at market value.
- Through 1992:Q4, U.S. direct investment abroad excludes net inflows from corporate bonds issued by Netherlands Antillean financial subsidiaries.
Last Update: June 10, 2021