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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | FA263192005 | 58.0 | 264.8 | 37.2 | 533.0 | 196.2 | 292.8 | 321.5 | 473.9 | 362.6 | 1 |
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | FA263192101 | 156.7 | 330.9 | 186.0 | 470.9 | 319.0 | 347.7 | 307.7 | 496.3 | 303.5 | 2 |
| Rest of the world; U.S. direct investment abroad: equity other than reinvested earnings; liability | FA263192113 | 17.7 | 134.8 | 135.0 | 360.9 | 40.4 | 2.8 | 56.1 | 123.0 | -9.5 | 3 |
| Rest of the world; U.S. direct investment abroad: reinvested earnings; liability (current cost) | FA263192125 | 139.0 | 196.1 | 50.9 | 109.9 | 278.6 | 344.8 | 251.6 | 373.3 | 313.0 | 4 |
| Rest of the world; U.S. direct investment abroad: current-cost adjustment on reinvested earnings; liability | FA263192193 | 29.4 | 29.9 | 29.7 | 29.8 | 30.0 | 30.0 | 30.3 | 30.5 | 30.7 | 5 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FA103092105 | 105.1 | 282.2 | 68.1 | 449.9 | 269.6 | 341.4 | 240.8 | 439.7 | 216.2 | 6 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | FA763092100 | 11.0 | 4.8 | 9.5 | 9.1 | 6.0 | -5.3 | -2.4 | 21.5 | 16.6 | 7 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | FA513092103 | 5.8 | 18.4 | 20.5 | 29.3 | 23.7 | -0.1 | 21.8 | 7.0 | 16.4 | 8 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | FA543092173 | -1.6 | -0.7 | 4.9 | -3.8 | -4.5 | 0.4 | -0.7 | -2.9 | -1.6 | 9 |
| Finance companies; U.S. direct investment abroad: equity (market value) | FA613092103 | 14.7 | 13.1 | 55.8 | -22.3 | 16.5 | 2.6 | 65.7 | 11.6 | 60.5 | 10 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | FA663092103 | 21.7 | 13.1 | 27.2 | 8.8 | 7.6 | 8.6 | -17.5 | 19.3 | -4.6 | 11 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability | FA263192305 | -98.7 | -66.1 | -148.8 | 62.1 | -122.8 | -54.8 | 13.8 | -22.4 | 59.1 | 12 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability | FA263192313 | -41.9 | -54.5 | -67.9 | -238.8 | 104.5 | -15.9 | -9.5 | 65.5 | 15.8 | 13 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset | FA263092313 | 56.9 | 11.6 | 80.9 | -300.9 | 227.3 | 38.9 | -23.3 | 87.9 | -43.3 | 14 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | FA103092305 | -85.1 | -55.8 | -126.4 | 53.4 | -104.7 | -45.4 | 11.0 | -18.0 | 50.3 | 15 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) | FA763092305 | -3.8 | -2.7 | -6.1 | 1.7 | -2.9 | -3.4 | 0.5 | -1.4 | 1.5 | 16 |
| Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) | FA513092305 | -1.8 | -1.6 | -3.5 | 1.9 | -3.1 | -1.8 | 0.5 | -0.6 | 1.8 | 17 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | FA543092375 | -0.8 | -0.8 | -1.6 | 0.6 | -1.5 | -0.5 | 0.1 | -0.3 | 0.6 | 18 |
| Finance companies; U.S. direct investment abroad: intercompany debt (market value) | FA613092305 | -4.2 | -2.9 | -5.8 | 2.1 | -5.5 | -2.3 | 1.2 | -1.1 | 3.0 | 19 |
| Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) | FA663092305 | -3.0 | -2.4 | -5.5 | 2.3 | -5.0 | -1.5 | 0.4 | -0.9 | 2.0 | 20 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) (1) | FA263092001 | 238.0 | 164.4 | 100.8 | 90.3 | 153.2 | 313.3 | 295.9 | 295.2 | 550.3 | 21 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FA103192105 | 216.1 | 179.9 | 123.7 | 127.3 | 154.7 | 314.0 | 309.3 | 331.4 | 482.2 | 22 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FA115114103 | -0.7 | 1.4 | 0.1 | 2.7 | 0.5 | 2.5 | -0.4 | 7.2 | 5.1 | 23 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | FA753192103 | 3.0 | 7.6 | 1.7 | 2.1 | 11.0 | 15.5 | -0.8 | -29.6 | -36.8 | 24 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | FA513192103 | 7.5 | -4.3 | -6.1 | -12.1 | -0.4 | 1.3 | -2.3 | 7.6 | 4.4 | 25 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | FA543192173 | -5.1 | 3.5 | 3.7 | 2.6 | -6.2 | 14.0 | -12.7 | 10.4 | -5.0 | 26 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | FA613192103 | 14.8 | 8.2 | 6.9 | 5.1 | 10.9 | 10.0 | 10.2 | 6.6 | 6.7 | 27 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192103 | 49.3 | 23.6 | -114.7 | 99.1 | 35.4 | 74.6 | 8.3 | 57.3 | 14.1 | 28 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | FA733192103 | -22.5 | -21.7 | 158.1 | -109.9 | -34.7 | -100.2 | -22.8 | -51.0 | 10.6 | 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 | 262.5 | 198.3 | 173.4 | 116.8 | 171.2 | 331.7 | 288.8 | 339.7 | 481.3 | 31 |
| Rest of the world; foreign direct investment in U.S.: equity other than reinvested earnings; asset | FA263092113 | 137.8 | 115.8 | 114.4 | 90.4 | 53.2 | 205.2 | 123.0 | 144.5 | 285.1 | 32 |
| Rest of the world; foreign direct investment in U.S.: reinvested earnings; asset (current cost) | FA263092125 | 124.7 | 82.5 | 59.0 | 26.5 | 118.0 | 126.5 | 165.8 | 195.2 | 196.2 | 33 |
| Rest of the world; foreign direct investment in U.S.: current-cost adjustment on reinvested earnings; asset | FA263092193 | 12.9 | 13.6 | 13.4 | 13.5 | 13.6 | 13.7 | 14.3 | 14.5 | 14.9 | 34 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA103192305 | -5.3 | -41.7 | -59.8 | -31.8 | -16.1 | -59.3 | -14.4 | -41.1 | 90.4 | 35 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | FA115114305 | -0.1 | -0.5 | -1.1 | -0.3 | -0.6 | -0.2 | -0.1 | -0.2 | -0.3 | 36 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA753192305 | -2.2 | -1.6 | -3.7 | -2.0 | -1.1 | 0.6 | -0.4 | -6.7 | -5.7 | 37 |
| Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA513192305 | -0.4 | -0.8 | -2.7 | -2.6 | -1.2 | 3.2 | -0.4 | -1.0 | -2.1 | 38 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA543192375 | 0.4 | 0.8 | -1.4 | -0.8 | -1.9 | 7.4 | -1.6 | -0.8 | -4.2 | 39 |
| Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA613192305 | 0.3 | -0.1 | -0.6 | -0.2 | 0.4 | -0.0 | 1.0 | -0.8 | 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 | 3.4 | 1.3 | -8.3 | 6.9 | 1.3 | 5.2 | 0.5 | 1.2 | 30.2 | 41 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA733192305 | -20.6 | 8.8 | 4.9 | 4.2 | 1.3 | 24.7 | 22.6 | 5.0 | -39.3 | 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 | -24.5 | -33.9 | -72.6 | -26.6 | -18.1 | -18.4 | 7.2 | -44.5 | 69.0 | 44 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset | FA263092323 | -17.1 | 1.4 | -75.4 | -3.3 | 47.8 | 36.7 | 16.8 | -47.7 | 81.3 | 45 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability | FA263192323 | 7.4 | 35.3 | -2.8 | 23.3 | 65.9 | 55.0 | 9.6 | -3.2 | 12.3 | 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: December 9, 2021