Financial Accounts of the United States - Z.1
F.225.a Direct Investment Equity
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | FA263192101 | 321.8 | 379.0 | 360.0 | 365.7 | 458.9 | 258.2 | 293.7 | 452.0 | 383.6 | 1 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FA103092105 | 256.4 | 298.6 | 272.8 | 325.5 | 323.7 | 260.4 | 315.2 | 402.8 | 383.8 | 2 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | FA763092100 | 10.6 | 14.6 | 0.1 | 10.4 | 11.7 | 23.9 | -22.0 | 27.9 | -13.5 | 3 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | FA513092103 | 15.9 | 4.6 | 30.1 | -18.5 | 9.5 | -67.5 | -22.8 | 6.7 | 6.4 | 4 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | FA543092173 | -1.5 | 3.4 | 8.6 | 12.3 | 12.3 | 16.7 | 1.5 | 18.7 | 7.0 | 5 |
| Finance companies; U.S. direct investment abroad: equity (market value) | FA613092103 | 12.0 | 35.2 | 15.9 | 6.6 | 37.0 | 9.8 | -21.2 | 0.9 | -12.0 | 6 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | FA663092103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7 |
| Holding companies; U.S. direct investment abroad: equity (market value) | FA733092103 | 28.5 | 22.5 | 32.4 | 29.4 | 64.8 | 14.9 | 42.9 | -4.9 | 11.9 | 8 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FA103192105 | 384.1 | 257.0 | 271.5 | 232.9 | 209.0 | 234.4 | 193.5 | 294.7 | 290.4 | 9 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FA115114103 | -0.2 | 0.6 | 13.7 | -0.4 | -0.4 | -1.2 | 0.7 | -0.5 | -0.5 | 10 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | FA753192103 | -2.8 | 12.7 | 12.2 | 15.4 | 17.2 | 10.1 | 21.7 | 12.8 | 19.3 | 11 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | FA513192103 | 7.1 | 21.0 | 10.6 | 14.4 | 15.5 | 8.4 | 13.9 | 20.0 | 20.4 | 12 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | FA543192173 | 1.4 | 7.0 | -0.7 | -2.0 | 9.5 | -10.5 | -5.2 | -2.0 | -6.2 | 13 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | FA613192103 | 9.2 | 1.0 | -3.1 | 1.6 | -2.2 | 3.4 | 7.6 | -2.5 | -5.5 | 14 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192103 | 47.2 | -11.8 | 34.3 | 48.7 | 61.3 | 19.7 | 68.1 | 45.5 | -20.3 | 15 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | FA733192103 | -35.7 | 45.9 | -32.3 | -18.6 | -50.8 | 24.4 | -17.4 | -30.7 | 39.6 | 16 |
| 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 | 17 |
| Rest of the world; foreign direct investment in U.S.: equity; asset (market value) (1) | FA263092101 | 410.3 | 333.5 | 306.3 | 292.0 | 259.1 | 288.7 | 283.0 | 337.1 | 337.2 | 18 |
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | FA263192005 | 269.5 | 332.4 | 394.0 | 299.0 | 453.1 | 132.2 | 201.0 | 409.7 | 314.9 | 19 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) | FA263092001 | 403.4 | 352.9 | 288.7 | 307.9 | 261.9 | 377.2 | 263.3 | 329.3 | 278.9 | 20 |
NOTES
- Direct investment is presented on a directional basis and reported at market value.
- Memo totals are the sum of direct investment equity (tables F.225.a and L.225.a) and intercompany debt (tables F.223 and L.223).
Last Update: June 12, 2025