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 | 2018 | 2019 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | LM263192005 | 6370.7 | 7579.1 | 8240.8 | 9813.5 | 8732.0 | 9376.9 | 9311.1 | 9813.5 | 9403.2 | 1 |
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | LM263192101 | 6139.1 | 7449.1 | 8176.6 | 9793.0 | 8668.8 | 9316.8 | 9273.9 | 9793.0 | 9387.7 | 2 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 5215.0 | 6256.0 | 6831.8 | 8128.0 | 7226.6 | 7750.3 | 7708.9 | 8128.0 | 7793.9 | 3 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | LM763092100 | 240.9 | 298.3 | 324.9 | 396.2 | 341.9 | 372.6 | 370.4 | 396.2 | 377.7 | 4 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | LM513092103 | 137.9 | 188.9 | 214.3 | 270.4 | 233.6 | 252.7 | 254.9 | 270.4 | 259.5 | 5 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 61.0 | 82.9 | 89.1 | 100.9 | 94.0 | 100.2 | 99.5 | 100.9 | 94.5 | 6 |
| Finance companies; U.S. direct investment abroad: equity (market value) | LM613092103 | 267.1 | 329.0 | 369.7 | 478.7 | 411.7 | 444.4 | 443.3 | 478.7 | 457.5 | 7 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | LM663092103 | 217.1 | 293.9 | 346.8 | 418.8 | 361.0 | 396.7 | 396.9 | 418.8 | 404.6 | 8 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability | LM263192305 | 231.7 | 130.0 | 64.1 | 20.5 | 63.2 | 60.1 | 37.2 | 20.5 | 15.5 | 9 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability | LM263192313 | 865.2 | 820.6 | 765.8 | 775.8 | 758.3 | 783.9 | 796.7 | 775.8 | 787.3 | 10 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset | LM263092313 | 633.5 | 690.6 | 701.7 | 755.3 | 695.1 | 723.7 | 759.5 | 755.3 | 771.8 | 11 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | LM103092305 | 196.8 | 109.2 | 53.6 | 17.1 | 52.7 | 50.0 | 30.9 | 17.1 | 12.0 | 12 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) | LM763092305 | 9.1 | 5.2 | 2.5 | 0.8 | 2.5 | 2.4 | 1.5 | 0.8 | 1.0 | 13 |
| Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) | LM513092305 | 5.2 | 3.3 | 1.7 | 0.6 | 1.7 | 1.6 | 1.0 | 0.6 | 0.6 | 14 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | 2.3 | 1.4 | 0.7 | 0.2 | 0.7 | 0.6 | 0.4 | 0.2 | 0.2 | 15 |
| Finance companies; U.S. direct investment abroad: intercompany debt (market value) | LM613092305 | 10.1 | 5.7 | 2.9 | 1.0 | 3.0 | 2.9 | 1.8 | 1.0 | 0.9 | 16 |
| Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) | LM663092305 | 8.2 | 5.1 | 2.7 | 0.9 | 2.6 | 2.6 | 1.6 | 0.9 | 0.8 | 17 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) (1) | LM263092001 | 7346.9 | 9362.9 | 10813.5 | 13619.0 | 11402.4 | 12287.0 | 12349.3 | 13619.0 | 12939.7 | 18 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | LM103192105 | 5813.2 | 7498.2 | 8712.1 | 11191.5 | 9237.5 | 10010.2 | 10052.7 | 11191.5 | 10559.9 | 19 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | LM115114103 | 79.6 | 105.6 | 121.2 | 155.4 | 127.3 | 141.6 | 137.6 | 155.4 | 158.0 | 20 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | LM753192103 | 311.4 | 389.3 | 454.3 | 492.5 | 477.6 | 497.9 | 499.8 | 492.5 | 466.3 | 21 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | LM513192103 | 148.7 | 195.7 | 227.7 | 290.4 | 238.3 | 262.3 | 266.3 | 290.4 | 278.1 | 22 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 131.6 | 184.5 | 244.7 | 295.9 | 250.4 | 276.9 | 275.5 | 295.9 | 280.7 | 23 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | LM613192103 | 102.1 | 142.7 | 174.9 | 232.1 | 189.6 | 211.8 | 212.7 | 232.1 | 220.0 | 24 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192103 | 94.7 | 178.9 | 246.3 | 369.8 | 262.7 | 303.8 | 319.1 | 369.8 | 356.6 | 25 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | LM733192103 | 64.2 | 79.7 | 80.9 | 87.0 | 89.5 | 90.3 | 92.9 | 87.0 | 84.9 | 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 | 6745.5 | 8774.6 | 10262.0 | 13114.5 | 10873.0 | 11794.8 | 11856.6 | 13114.5 | 12404.5 | 28 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM103192305 | 408.2 | 410.7 | 366.9 | 328.1 | 347.4 | 313.8 | 323.8 | 328.1 | 367.5 | 29 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | LM115114305 | 7.1 | 7.1 | 6.5 | 6.0 | 6.2 | 5.9 | 5.7 | 6.0 | 6.3 | 30 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM753192305 | 27.8 | 26.1 | 24.4 | 18.9 | 23.3 | 20.8 | 20.8 | 18.9 | 19.4 | 31 |
| Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM513192305 | 13.3 | 13.1 | 12.2 | 11.2 | 11.6 | 10.9 | 11.1 | 11.2 | 10.9 | 32 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 11.7 | 12.4 | 13.2 | 11.4 | 12.2 | 11.6 | 11.4 | 11.4 | 11.2 | 33 |
| Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM613192305 | 9.1 | 9.6 | 9.4 | 8.9 | 9.2 | 8.8 | 8.8 | 8.9 | 8.6 | 34 |
| Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192305 | 8.4 | 12.0 | 13.2 | 14.2 | 12.8 | 12.7 | 13.3 | 14.2 | 9.5 | 35 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM733192305 | 115.8 | 97.4 | 105.7 | 105.8 | 106.7 | 107.7 | 97.8 | 105.8 | 101.7 | 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 | 601.3 | 588.4 | 551.5 | 504.6 | 529.4 | 492.2 | 492.8 | 504.6 | 535.1 | 38 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset | LM263092323 | 1014.5 | 1020.9 | 1014.3 | 970.2 | 994.4 | 954.7 | 958.0 | 970.2 | 1001.3 | 39 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability | LM263192323 | 413.1 | 432.5 | 462.7 | 465.7 | 465.0 | 462.5 | 465.2 | 465.7 | 466.2 | 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: June 9, 2022