F.230 Direct Investment
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2018 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 Line
Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) FA263192005 -128.3 58.0 264.8 37.2 533.0 196.2 292.8 321.5 473.9 1
Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) FA263192101 -218.6 156.7 330.9 186.0 470.9 319.0 347.7 307.7 496.3 2
Rest of the world; U.S. direct investment abroad: equity other than reinvested earnings; liability FA263192113 75.3 17.7 134.8 135.0 360.9 40.4 2.8 56.1 123.0 3
Rest of the world; U.S. direct investment abroad: reinvested earnings; liability (current cost) FA263192125 -293.9 139.0 196.1 50.9 109.9 278.6 344.8 251.6 373.3 4
Rest of the world; U.S. direct investment abroad: current-cost adjustment on reinvested earnings; liability FA263192193 29.1 29.4 29.9 29.7 29.8 30.0 30.0 30.3 30.5 5
Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) FA103092105 -209.9 105.1 282.2 68.1 449.9 269.6 341.4 240.5 439.9 6
U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) FA763092100 -2.6 11.0 4.8 9.5 9.1 6.0 -5.3 -2.3 21.6 7
Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) FA513092103 7.2 5.8 18.4 20.5 29.3 23.7 -0.1 21.9 7.0 8
Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) FA543092173 -12.3 -1.6 -0.7 4.9 -3.8 -4.5 0.4 -0.7 -2.9 9
Finance companies; U.S. direct investment abroad: equity (market value) FA613092103 3.4 14.7 13.1 55.8 -22.3 16.5 2.6 65.8 11.5 10
Security brokers and dealers; U.S. direct investment abroad: equity (market value) FA663092103 -4.5 21.7 13.1 27.2 8.8 7.6 8.6 -17.5 19.3 11
Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability FA263192305 90.3 -98.7 -66.1 -148.8 62.1 -122.8 -54.8 13.8 -22.4 12
Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability FA263192313 73.0 -41.9 -54.5 -67.9 -238.8 104.5 -15.9 -9.5 65.5 13
Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset FA263092313 -17.3 56.9 11.6 80.9 -300.9 227.3 38.9 -23.3 87.9 14
Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) FA103092305 76.0 -85.1 -55.8 -126.4 53.4 -104.7 -45.4 11.3 -18.2 15
U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) FA763092305 3.7 -3.8 -2.7 -6.1 1.7 -2.9 -3.4 0.5 -1.4 16
Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) FA513092305 2.3 -1.8 -1.6 -3.5 1.9 -3.1 -1.8 0.5 -0.6 17
Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) FA543092375 0.7 -0.8 -0.8 -1.6 0.6 -1.5 -0.5 0.1 -0.3 18
Finance companies; U.S. direct investment abroad: intercompany debt (market value) FA613092305 4.6 -4.2 -2.9 -5.8 2.1 -5.5 -2.3 1.1 -1.0 19
Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) FA663092305 3.0 -3.0 -2.4 -5.5 2.3 -5.0 -1.5 0.4 -0.9 20
Rest of the world; foreign direct investment in U.S.; asset (market value) (1) FA263092001 216.0 238.0 164.4 100.8 90.3 153.2 313.3 295.9 295.2 21
Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) FA103192105 235.5 216.1 179.9 123.7 127.3 154.7 314.0 303.6 342.3 22
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) FA115114103 5.0 -0.7 1.4 0.1 2.7 0.5 2.5 -0.4 7.5 23
Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) FA753192103 12.8 3.0 7.6 1.7 2.1 11.0 15.5 -0.7 -29.9 24
Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) FA513192103 9.4 7.5 -4.3 -6.1 -12.1 -0.4 1.3 -2.3 7.7 25
Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) FA543192173 9.7 -5.1 3.5 3.7 2.6 -6.2 14.0 -12.7 10.4 26
Finance companies; foreign direct investment in U.S.: equity; liability (market value) FA613192103 10.2 14.8 8.2 6.9 5.1 10.9 10.0 10.1 6.4 27
Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) FA663192103 -15.6 49.3 23.6 -114.7 99.1 35.4 74.6 8.6 54.7 28
Holding companies; foreign direct investment in U.S.: equity; liability (market value) FA733192103 51.6 -22.5 -21.7 158.1 -109.9 -34.7 -100.2 -17.4 -59.4 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 318.5 262.5 198.3 173.4 116.8 171.2 331.7 288.8 339.7 31
Rest of the world; foreign direct investment in U.S.: equity other than reinvested earnings; asset FA263092113 200.1 137.8 115.8 114.4 90.4 53.2 205.2 123.0 144.5 32
Rest of the world; foreign direct investment in U.S.: reinvested earnings; asset (current cost) FA263092125 118.4 124.7 82.5 59.0 26.5 118.0 126.5 165.8 195.2 33
Rest of the world; foreign direct investment in U.S.: current-cost adjustment on reinvested earnings; asset FA263092193 12.8 12.9 13.6 13.4 13.5 13.6 13.7 14.3 14.5 34
Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) FA103192305 -72.9 -5.3 -41.7 -59.8 -31.8 -16.1 -59.3 -8.6 -52.1 35
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) FA115114305 4.7 -0.1 -0.5 -1.1 -0.3 -0.6 -0.2 -0.1 -0.6 36
Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) FA753192305 -4.3 -2.2 -1.6 -3.7 -2.0 -1.1 0.6 -0.4 -6.3 37
Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FA513192305 -3.0 -0.4 -0.8 -2.7 -2.6 -1.2 3.2 -0.4 -1.2 38
Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) FA543192375 -4.2 0.4 0.8 -1.4 -0.8 -1.9 7.4 -1.6 -0.8 39
Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FA613192305 -0.4 0.3 -0.1 -0.6 -0.2 0.4 -0.0 1.0 -0.6 40
Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) FA663192305 -4.8 3.4 1.3 -8.3 6.9 1.3 5.2 0.5 13.4 41
Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FA733192305 -17.7 -20.6 8.8 4.9 4.2 1.3 24.7 16.9 3.8 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 -102.5 -24.5 -33.9 -72.6 -26.6 -18.1 -18.4 7.2 -44.5 44
Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset FA263092323 -86.9 -17.1 1.4 -75.4 -3.3 47.8 36.7 16.8 -47.7 45
Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability FA263192323 15.6 7.4 35.3 -2.8 23.3 65.9 55.0 9.6 -3.2 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: September 23, 2021