Financial Accounts of the United States - Z.1
L.225.a Direct Investment Equity
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| 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) | LM263192101 | 9664.6 | 7942.7 | 9294.9 | 9922.8 | 9983.4 | 9991.9 | 10552.8 | 9922.8 | 10566.6 | 1 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 7969.7 | 6658.8 | 7702.5 | 8240.6 | 8256.1 | 8279.2 | 8760.1 | 8240.6 | 8794.6 | 2 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | LM763092100 | 392.7 | 320.3 | 371.5 | 395.4 | 395.5 | 398.5 | 418.4 | 395.4 | 411.9 | 3 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | LM513092103 | 308.8 | 214.7 | 307.0 | 305.2 | 331.6 | 311.1 | 321.4 | 305.2 | 323.4 | 4 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 85.1 | 23.2 | 41.4 | 43.2 | 44.0 | 45.4 | 44.0 | 43.2 | 47.3 | 5 |
| Finance companies; U.S. direct investment abroad: equity (market value) | LM613092103 | 416.6 | 365.0 | 436.6 | 457.5 | 474.5 | 475.1 | 490.2 | 457.5 | 479.4 | 6 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | LM663092103 | 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) | LM733092103 | 491.7 | 360.6 | 436.0 | 480.8 | 481.7 | 482.6 | 518.6 | 480.8 | 509.9 | 8 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | LM103192105 | 11293.9 | 9143.0 | 11329.9 | 13854.1 | 12406.2 | 12893.8 | 13589.8 | 13854.1 | 13183.3 | 9 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | LM115114103 | 124.8 | 95.7 | 140.4 | 161.3 | 151.6 | 154.4 | 161.1 | 161.3 | 159.3 | 10 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | LM753192103 | 471.9 | 348.7 | 462.5 | 575.5 | 510.6 | 529.1 | 564.6 | 575.5 | 549.6 | 11 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | LM513192103 | 268.9 | 198.4 | 260.0 | 322.1 | 286.7 | 295.0 | 312.1 | 322.1 | 310.0 | 12 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 297.0 | 110.1 | 118.9 | 117.9 | 130.6 | 124.1 | 122.3 | 117.9 | 110.0 | 13 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | LM613192103 | 192.0 | 141.3 | 162.2 | 194.0 | 174.8 | 181.5 | 194.1 | 194.0 | 182.3 | 14 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192103 | 428.4 | 334.1 | 421.3 | 567.1 | 478.3 | 498.8 | 543.0 | 567.1 | 531.7 | 15 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | LM733192103 | 87.0 | 95.5 | 83.7 | 90.9 | 82.6 | 92.3 | 95.5 | 90.9 | 93.4 | 16 |
| Other financial business; foreign direct investment in U.S.: equity; liability (market value) | LM503192103 | 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) | LM263092101 | 13163.8 | 10466.9 | 12978.9 | 15882.9 | 14221.4 | 14769.0 | 15582.5 | 15882.9 | 15119.8 | 18 |
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | LM263192005 | 9626.1 | 7853.3 | 9225.6 | 9789.2 | 9926.7 | 9900.6 | 10429.7 | 9789.2 | 10415.7 | 19 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) | LM263092001 | 13644.2 | 10938.2 | 13427.9 | 16361.0 | 14680.8 | 15257.7 | 16062.8 | 16361.0 | 15583.3 | 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