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 | 2019 | 2020 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | LM263192005 | 7579.1 | 8240.8 | 9658.7 | 7208.2 | 8240.8 | 8732.0 | 9376.9 | 9324.9 | 9658.7 | 1 |
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | LM263192101 | 7449.1 | 8176.6 | 9617.5 | 7130.4 | 8176.6 | 8668.8 | 9316.8 | 9280.3 | 9617.5 | 2 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 6256.0 | 6831.8 | 7971.1 | 5974.8 | 6831.8 | 7226.6 | 7750.3 | 7715.0 | 7971.1 | 3 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | LM763092100 | 298.3 | 324.9 | 395.6 | 285.4 | 324.9 | 341.9 | 372.6 | 370.4 | 395.6 | 4 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | LM513092103 | 188.9 | 214.3 | 265.3 | 194.1 | 214.3 | 233.6 | 252.7 | 254.9 | 265.3 | 5 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 82.9 | 89.1 | 100.0 | 75.7 | 89.1 | 94.0 | 100.2 | 98.0 | 100.0 | 6 |
| Finance companies; U.S. direct investment abroad: equity (market value) | LM613092103 | 329.0 | 369.7 | 481.6 | 317.2 | 369.7 | 411.7 | 444.4 | 444.4 | 481.6 | 7 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | LM663092103 | 293.9 | 346.8 | 403.9 | 283.1 | 346.8 | 361.0 | 396.7 | 397.5 | 403.9 | 8 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability | LM263192305 | 130.0 | 64.1 | 41.2 | 77.8 | 64.1 | 63.2 | 60.1 | 44.6 | 41.2 | 9 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability | LM263192313 | 820.6 | 765.8 | 849.1 | 769.8 | 765.8 | 758.3 | 783.9 | 801.3 | 849.1 | 10 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset | LM263092313 | 690.6 | 701.7 | 807.9 | 691.9 | 701.7 | 695.1 | 723.7 | 756.6 | 807.9 | 11 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | LM103092305 | 109.2 | 53.6 | 29.2 | 65.2 | 53.6 | 52.7 | 50.0 | 37.1 | 29.2 | 12 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) | LM763092305 | 5.2 | 2.5 | 3.0 | 3.1 | 2.5 | 2.5 | 2.4 | 1.8 | 3.0 | 13 |
| Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) | LM513092305 | 3.3 | 1.7 | 2.0 | 2.1 | 1.7 | 1.7 | 1.6 | 1.2 | 2.0 | 14 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | 1.4 | 0.7 | 0.7 | 0.8 | 0.7 | 0.7 | 0.6 | 0.5 | 0.7 | 15 |
| Finance companies; U.S. direct investment abroad: intercompany debt (market value) | LM613092305 | 5.7 | 2.9 | 3.4 | 3.5 | 2.9 | 3.0 | 2.9 | 2.1 | 3.4 | 16 |
| Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) | LM663092305 | 5.1 | 2.7 | 2.8 | 3.1 | 2.7 | 2.6 | 2.6 | 1.9 | 2.8 | 17 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) (1) | LM263092001 | 9362.9 | 10813.5 | 13552.1 | 9704.9 | 10813.5 | 11402.4 | 12287.0 | 12353.9 | 13552.1 | 18 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | LM103192105 | 7498.2 | 8712.1 | 11138.7 | 7830.7 | 8712.1 | 9237.5 | 10010.7 | 10066.2 | 11138.7 | 19 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | LM115114103 | 105.6 | 121.2 | 149.6 | 107.9 | 121.2 | 127.3 | 141.6 | 137.8 | 149.6 | 20 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | LM753192103 | 389.3 | 454.3 | 508.6 | 398.9 | 454.3 | 477.6 | 497.9 | 498.2 | 508.6 | 21 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | LM513192103 | 195.7 | 227.7 | 286.4 | 188.1 | 227.7 | 238.3 | 261.9 | 259.3 | 286.4 | 22 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 184.5 | 244.7 | 294.0 | 185.8 | 244.7 | 250.4 | 276.9 | 275.4 | 294.0 | 23 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | LM613192103 | 142.7 | 174.9 | 231.1 | 154.6 | 174.9 | 189.6 | 211.8 | 213.1 | 231.1 | 24 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192103 | 178.9 | 246.3 | 344.3 | 196.5 | 246.3 | 262.7 | 303.8 | 320.1 | 344.3 | 25 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | LM733192103 | 79.7 | 80.9 | 103.7 | 83.0 | 80.9 | 89.5 | 90.3 | 92.9 | 103.7 | 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 | 8774.6 | 10262.0 | 13056.3 | 9145.6 | 10262.0 | 10873.0 | 11794.8 | 11863.1 | 13056.3 | 28 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM103192305 | 410.7 | 366.9 | 329.6 | 383.9 | 366.9 | 347.4 | 313.9 | 322.5 | 329.6 | 29 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | LM115114305 | 7.1 | 6.5 | 5.6 | 6.6 | 6.5 | 6.2 | 5.9 | 5.7 | 5.6 | 30 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM753192305 | 26.1 | 24.4 | 15.8 | 24.4 | 24.4 | 23.3 | 20.8 | 20.6 | 15.8 | 31 |
| Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM513192305 | 13.1 | 12.2 | 9.4 | 11.5 | 12.2 | 11.6 | 10.9 | 10.7 | 9.4 | 32 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 12.4 | 13.2 | 9.0 | 11.4 | 13.2 | 12.2 | 11.6 | 11.4 | 9.0 | 33 |
| Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM613192305 | 9.6 | 9.4 | 8.1 | 9.5 | 9.4 | 9.2 | 8.8 | 8.8 | 8.1 | 34 |
| Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192305 | 12.0 | 13.2 | 12.4 | 12.0 | 13.2 | 12.8 | 12.7 | 13.2 | 12.4 | 35 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM733192305 | 97.4 | 105.7 | 105.8 | 100.1 | 105.7 | 106.7 | 107.7 | 97.8 | 105.8 | 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 | 588.4 | 551.5 | 495.8 | 559.3 | 551.5 | 529.4 | 492.2 | 490.8 | 495.8 | 38 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset | LM263092323 | 1020.9 | 1014.3 | 956.0 | 1005.6 | 1014.3 | 994.4 | 954.7 | 951.9 | 956.0 | 39 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability | LM263192323 | 432.5 | 462.7 | 460.2 | 446.3 | 462.7 | 465.0 | 462.5 | 461.0 | 460.2 | 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: March 10, 2022