Financial Accounts of the United States - Z.1
L.230 Direct Investment
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| 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) | LM263192005 | 7865.0 | 6375.7 | 7650.0 | 8128.5 | 5855.6 | 6814.0 | 7178.4 | 8128.5 | 8480.9 | 1 |
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | LM263192101 | 7683.8 | 6149.4 | 7485.0 | 8026.6 | 5728.7 | 6685.1 | 7059.0 | 8026.6 | 8391.2 | 2 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 6567.8 | 5245.6 | 6374.0 | 6771.6 | 4871.3 | 5700.0 | 6019.7 | 6771.6 | 7104.0 | 3 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | LM763092100 | 292.4 | 241.4 | 291.1 | 325.0 | 223.6 | 257.8 | 272.9 | 325.0 | 325.9 | 4 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | LM513092103 | 159.9 | 135.5 | 159.1 | 191.7 | 122.2 | 141.0 | 158.9 | 191.7 | 198.7 | 5 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 85.9 | 62.9 | 85.5 | 86.3 | 65.7 | 75.7 | 77.4 | 86.3 | 87.9 | 6 |
| Finance companies; U.S. direct investment abroad: equity (market value) | LM613092103 | 296.8 | 250.2 | 295.5 | 335.6 | 227.0 | 261.8 | 271.3 | 335.6 | 348.1 | 7 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | LM663092103 | 281.1 | 213.7 | 279.8 | 316.5 | 218.9 | 248.8 | 258.8 | 316.5 | 326.6 | 8 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability | LM263192305 | 181.2 | 226.3 | 164.9 | 101.8 | 126.9 | 128.9 | 119.3 | 101.8 | 89.8 | 9 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability | LM263192313 | 820.1 | 861.7 | 876.0 | 823.3 | 834.2 | 818.7 | 844.0 | 823.3 | 848.0 | 10 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset | LM263092313 | 638.9 | 635.4 | 711.1 | 721.4 | 707.3 | 689.8 | 724.6 | 721.4 | 758.2 | 11 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | LM103092305 | 154.9 | 193.0 | 140.4 | 85.9 | 107.9 | 109.9 | 101.8 | 85.9 | 76.1 | 12 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) | LM763092305 | 6.9 | 8.9 | 6.4 | 4.1 | 5.0 | 5.0 | 4.6 | 4.1 | 3.5 | 13 |
| Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) | LM513092305 | 3.8 | 5.0 | 3.5 | 2.4 | 2.7 | 2.7 | 2.7 | 2.4 | 2.1 | 14 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | 2.0 | 2.3 | 1.9 | 1.1 | 1.5 | 1.5 | 1.3 | 1.1 | 0.9 | 15 |
| Finance companies; U.S. direct investment abroad: intercompany debt (market value) | LM613092305 | 7.0 | 9.2 | 6.5 | 4.3 | 5.0 | 5.0 | 4.6 | 4.3 | 3.7 | 16 |
| Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) | LM663092305 | 6.6 | 7.9 | 6.2 | 4.0 | 4.8 | 4.8 | 4.4 | 4.0 | 3.5 | 17 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) (1) | LM263092001 | 7756.7 | 7333.5 | 9398.4 | 10802.6 | 7614.0 | 8959.1 | 9685.7 | 10802.6 | 11540.3 | 18 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | LM103192105 | 6080.1 | 5801.4 | 7681.0 | 8758.6 | 6142.8 | 7349.3 | 7993.7 | 8758.6 | 9394.4 | 19 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | LM115114103 | 28.5 | 53.7 | 30.0 | 75.5 | 24.0 | 29.0 | 33.2 | 75.5 | 75.3 | 20 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | LM753192103 | 338.6 | 291.2 | 356.5 | 427.5 | 285.5 | 345.2 | 370.9 | 427.5 | 458.8 | 21 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | LM513192103 | 171.4 | 157.6 | 180.5 | 244.4 | 144.5 | 174.8 | 189.4 | 244.4 | 260.7 | 22 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 161.9 | 139.7 | 170.4 | 237.2 | 136.5 | 165.0 | 175.5 | 237.2 | 253.4 | 23 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | LM613192103 | 90.6 | 92.2 | 95.3 | 159.7 | 76.3 | 92.3 | 96.0 | 159.7 | 172.3 | 24 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192103 | 145.9 | 125.5 | 170.8 | 283.3 | 108.6 | 164.6 | 190.6 | 283.3 | 293.7 | 25 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | LM733192103 | 58.9 | 64.2 | 79.7 | 80.9 | 80.8 | 81.1 | 83.0 | 80.9 | 101.3 | 26 |
| 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 | 27 |
| Rest of the world; foreign direct investment in U.S.: equity; asset (market value) (1) | LM263092101 | 7075.8 | 6725.5 | 8764.2 | 10267.0 | 6999.0 | 8401.3 | 9132.3 | 10267.0 | 11009.9 | 28 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM103192305 | 459.8 | 414.5 | 464.2 | 355.5 | 448.1 | 394.8 | 389.3 | 355.5 | 350.6 | 29 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | LM115114305 | 2.7 | 4.9 | 2.2 | 3.9 | 2.1 | 1.9 | 2.0 | 3.9 | 3.8 | 30 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM753192305 | 32.6 | 26.3 | 25.8 | 22.3 | 25.1 | 22.9 | 22.5 | 22.3 | 22.2 | 31 |
| Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM513192305 | 16.5 | 14.2 | 13.1 | 12.7 | 12.7 | 11.6 | 11.5 | 12.7 | 12.5 | 32 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 15.6 | 12.6 | 12.3 | 12.4 | 12.0 | 11.0 | 10.6 | 12.4 | 12.2 | 33 |
| Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM613192305 | 8.7 | 8.3 | 6.9 | 8.3 | 6.7 | 6.1 | 5.8 | 8.3 | 8.4 | 34 |
| Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192305 | 14.0 | 11.3 | 12.4 | 14.8 | 9.5 | 10.9 | 11.5 | 14.8 | 14.1 | 35 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM733192305 | 130.9 | 115.8 | 97.4 | 105.7 | 98.8 | 98.6 | 100.1 | 105.7 | 106.7 | 36 |
| Other financial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM503192305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 37 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt; asset (1) | LM263092303 | 680.9 | 608.0 | 634.2 | 535.6 | 615.0 | 557.8 | 553.4 | 535.6 | 530.4 | 38 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset | LM263092323 | 1100.1 | 1040.8 | 1071.8 | 981.3 | 1055.9 | 999.0 | 990.5 | 981.3 | 976.9 | 39 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability | LM263192323 | 419.1 | 432.8 | 437.6 | 445.6 | 440.9 | 441.2 | 437.1 | 445.6 | 446.4 | 40 |
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