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 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | LM263192005 | 7585.3 | 8225.9 | 9765.9 | 8714.6 | 9380.1 | 9310.8 | 9765.9 | 9182.6 | 7868.9 | 1 |
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | LM263192101 | 7463.9 | 8162.3 | 9749.7 | 8642.0 | 9296.0 | 9245.8 | 9749.7 | 9193.7 | 7875.2 | 2 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 6227.9 | 6730.4 | 8044.9 | 7125.9 | 7680.1 | 7634.5 | 8044.9 | 7581.7 | 6494.8 | 3 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | LM763092100 | 298.4 | 322.8 | 377.7 | 335.5 | 363.9 | 361.4 | 377.7 | 354.0 | 303.6 | 4 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | LM513092103 | 200.2 | 254.7 | 306.6 | 273.1 | 289.2 | 289.7 | 306.6 | 288.2 | 247.9 | 5 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 83.9 | 91.7 | 82.8 | 91.4 | 91.1 | 85.3 | 82.8 | 76.7 | 63.9 | 6 |
| Finance companies; U.S. direct investment abroad: equity (market value) | LM613092103 | 338.3 | 362.7 | 443.4 | 400.1 | 421.8 | 420.5 | 443.4 | 420.0 | 360.4 | 7 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | LM663092103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8 |
| Holding companies; U.S. direct investment abroad: equity (market value) | LM733092103 | 315.1 | 400.0 | 494.1 | 416.0 | 450.0 | 454.3 | 494.1 | 473.1 | 404.7 | 9 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability | LM263192305 | 121.5 | 63.6 | 16.3 | 72.5 | 84.1 | 65.0 | 16.3 | -11.1 | -6.4 | 10 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability | LM263192313 | 800.3 | 746.5 | 759.6 | 759.8 | 804.1 | 823.9 | 759.6 | 756.3 | 754.7 | 11 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset | LM263092313 | 678.8 | 682.9 | 743.4 | 687.3 | 720.0 | 758.9 | 743.4 | 767.5 | 761.1 | 12 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | LM103092305 | 101.3 | 52.5 | 13.4 | 59.8 | 69.5 | 53.7 | 13.4 | -9.2 | -4.1 | 13 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) | LM763092305 | 4.9 | 2.5 | 0.6 | 2.8 | 3.3 | 2.5 | 0.6 | -0.4 | -0.5 | 14 |
| Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) | LM513092305 | 3.3 | 2.0 | 0.5 | 2.3 | 2.6 | 2.0 | 0.5 | -0.3 | -0.3 | 15 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | 1.4 | 0.7 | 0.1 | 0.8 | 0.8 | 0.6 | 0.1 | -0.1 | -0.1 | 16 |
| Finance companies; U.S. direct investment abroad: intercompany debt (market value) | LM613092305 | 5.5 | 2.8 | 0.7 | 3.4 | 3.8 | 3.0 | 0.7 | -0.5 | -0.6 | 17 |
| Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) | LM663092305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18 |
| Holding companies; U.S. direct investment abroad: intercompany debt (market value) | LM733092305 | 5.1 | 3.1 | 0.8 | 3.5 | 4.1 | 3.2 | 0.8 | -0.6 | -0.7 | 19 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) (1) | LM263092001 | 9358.7 | 10756.6 | 13608.4 | 11375.4 | 12265.8 | 12322.0 | 13608.4 | 12900.3 | 10755.0 | 20 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | LM103192105 | 7496.1 | 8670.3 | 11194.7 | 9215.4 | 10018.8 | 10080.8 | 11194.7 | 10604.0 | 8758.9 | 21 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | LM115114103 | 108.2 | 121.6 | 146.4 | 126.3 | 139.1 | 135.0 | 146.4 | 137.2 | 135.2 | 22 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | LM753192103 | 360.6 | 422.7 | 467.2 | 433.9 | 438.8 | 434.1 | 467.2 | 435.9 | 366.9 | 23 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | LM513192103 | 197.7 | 239.3 | 285.6 | 246.0 | 265.3 | 261.4 | 285.6 | 274.3 | 229.4 | 24 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 198.5 | 265.2 | 313.5 | 274.8 | 301.1 | 292.0 | 313.5 | 288.7 | 238.6 | 25 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | LM613192103 | 132.3 | 156.5 | 202.4 | 165.4 | 182.8 | 183.2 | 202.4 | 192.1 | 159.1 | 26 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192103 | 217.4 | 295.4 | 405.7 | 311.5 | 348.5 | 360.2 | 405.7 | 377.2 | 320.0 | 27 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | LM733192103 | 79.7 | 80.9 | 87.0 | 89.5 | 90.3 | 92.9 | 87.0 | 84.9 | 52.0 | 28 |
| 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 | 29 |
| Rest of the world; foreign direct investment in U.S.: equity; asset (market value) (1) | LM263092101 | 8790.5 | 10251.9 | 13102.4 | 10862.8 | 11784.7 | 11839.7 | 13102.4 | 12394.2 | 10260.2 | 30 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM103192305 | 392.2 | 325.1 | 329.8 | 332.4 | 305.0 | 316.7 | 329.8 | 334.7 | 327.0 | 31 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | LM115114305 | 7.0 | 6.0 | 5.7 | 6.0 | 5.7 | 5.5 | 5.7 | 5.6 | 6.3 | 32 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM753192305 | 23.3 | 20.8 | 18.0 | 20.5 | 17.9 | 17.7 | 18.0 | 17.8 | 17.4 | 33 |
| Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM513192305 | 12.8 | 11.8 | 11.0 | 11.6 | 10.8 | 10.7 | 11.0 | 11.2 | 11.2 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 12.8 | 13.1 | 12.1 | 13.0 | 12.3 | 11.9 | 12.1 | 11.8 | 11.8 | 35 |
| Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM613192305 | 8.6 | 7.7 | 7.8 | 7.8 | 7.5 | 7.5 | 7.8 | 7.8 | 7.7 | 36 |
| Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192305 | 14.1 | 14.5 | 15.7 | 14.7 | 14.2 | 14.7 | 15.7 | 15.4 | 21.6 | 37 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM733192305 | 97.4 | 105.7 | 105.8 | 106.7 | 107.7 | 97.8 | 105.8 | 101.7 | 91.7 | 38 |
| 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 | 39 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt; asset (1) | LM263092303 | 568.2 | 504.6 | 505.9 | 512.6 | 481.1 | 482.4 | 505.9 | 506.0 | 494.8 | 40 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset | LM263092323 | 996.1 | 962.6 | 967.3 | 965.9 | 959.5 | 955.8 | 967.3 | 968.7 | 961.0 | 41 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability | LM263192323 | 428.0 | 458.0 | 461.3 | 453.3 | 478.4 | 473.5 | 461.3 | 462.7 | 466.2 | 42 |
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: September 9, 2022