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

  1. Direct investment is presented on a directional basis and reported at market value.
  2. 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