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 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | LM263192005 | 8225.9 | 9765.9 | 8714.6 | 9380.1 | 9310.8 | 9765.9 | 9163.3 | 7768.6 | 7071.9 | 1 |
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | LM263192101 | 8162.3 | 9749.7 | 8642.0 | 9296.0 | 9245.8 | 9749.7 | 9187.2 | 7782.1 | 7115.9 | 2 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 6730.4 | 8044.9 | 7125.9 | 7680.1 | 7634.5 | 8044.9 | 7565.2 | 6422.7 | 5862.3 | 3 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | LM763092100 | 322.8 | 377.7 | 335.5 | 363.9 | 361.4 | 377.7 | 355.0 | 294.3 | 274.3 | 4 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | LM513092103 | 254.7 | 306.6 | 273.1 | 289.2 | 289.7 | 306.6 | 288.8 | 243.4 | 221.4 | 5 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 91.7 | 82.8 | 91.4 | 91.1 | 85.3 | 82.8 | 78.8 | 64.0 | 57.8 | 6 |
| Finance companies; U.S. direct investment abroad: equity (market value) | LM613092103 | 362.7 | 443.4 | 400.1 | 421.8 | 420.5 | 443.4 | 421.3 | 357.6 | 331.8 | 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 | 400.0 | 494.1 | 416.0 | 450.0 | 454.3 | 494.1 | 478.2 | 400.1 | 368.2 | 9 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, including Netherlands Antillean Financial subsidiaries; liability | LM263192305 | 63.6 | 16.3 | 72.5 | 84.1 | 65.0 | 16.3 | -24.0 | -13.4 | -44.0 | 10 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. parents' claims; liability | LM263192313 | 746.5 | 759.6 | 759.8 | 804.1 | 823.9 | 759.6 | 766.6 | 774.0 | 753.8 | 11 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. parents' liabilities; asset | LM263092313 | 682.9 | 743.4 | 687.3 | 720.0 | 758.9 | 743.4 | 790.5 | 787.4 | 797.8 | 12 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | LM103092305 | 52.5 | 13.4 | 59.8 | 69.5 | 53.7 | 13.4 | -19.7 | -11.1 | -43.2 | 13 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: intercompany debt (market value) | LM763092305 | 2.5 | 0.6 | 2.8 | 3.3 | 2.5 | 0.6 | -0.9 | -0.5 | -0.6 | 14 |
| Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) | LM513092305 | 2.0 | 0.5 | 2.3 | 2.6 | 2.0 | 0.5 | -0.8 | -0.4 | -0.0 | 15 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | 0.7 | 0.1 | 0.8 | 0.8 | 0.6 | 0.1 | -0.2 | -0.1 | 0.0 | 16 |
| Finance companies; U.S. direct investment abroad: intercompany debt (market value) | LM613092305 | 2.8 | 0.7 | 3.4 | 3.8 | 3.0 | 0.7 | -1.1 | -0.6 | -0.0 | 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 | 3.1 | 0.8 | 3.5 | 4.1 | 3.2 | 0.8 | -1.2 | -0.7 | -0.1 | 19 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) (1) | LM263092001 | 10756.6 | 13608.4 | 11375.4 | 12265.8 | 12322.0 | 13608.4 | 12887.1 | 10812.8 | 10367.7 | 20 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | LM103192105 | 8670.3 | 11194.7 | 9215.4 | 10018.8 | 10080.8 | 11194.7 | 10619.5 | 8857.6 | 8468.8 | 21 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | LM115114103 | 121.6 | 146.4 | 126.3 | 139.1 | 135.0 | 146.4 | 137.6 | 112.7 | 118.1 | 22 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | LM753192103 | 422.7 | 467.2 | 433.9 | 438.8 | 434.1 | 467.2 | 436.1 | 362.4 | 343.3 | 23 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | LM513192103 | 239.3 | 285.6 | 246.0 | 265.3 | 261.4 | 285.6 | 272.0 | 229.8 | 221.3 | 24 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 265.2 | 313.5 | 274.8 | 301.1 | 292.0 | 313.5 | 291.3 | 243.1 | 232.8 | 25 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | LM613192103 | 156.5 | 202.4 | 165.4 | 182.8 | 183.2 | 202.4 | 192.1 | 161.1 | 154.4 | 26 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192103 | 295.4 | 405.7 | 311.5 | 348.5 | 360.2 | 405.7 | 372.2 | 291.3 | 276.2 | 27 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | LM733192103 | 80.9 | 87.0 | 89.5 | 90.3 | 92.9 | 87.0 | 84.9 | 84.0 | 83.2 | 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 | 10251.9 | 13102.4 | 10862.8 | 11784.7 | 11839.7 | 13102.4 | 12405.6 | 10341.9 | 9898.1 | 30 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM103192305 | 325.1 | 329.8 | 332.4 | 305.0 | 316.7 | 329.8 | 313.7 | 315.4 | 324.6 | 31 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | LM115114305 | 6.0 | 5.7 | 6.0 | 5.7 | 5.5 | 5.7 | 5.3 | 5.1 | 4.8 | 32 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM753192305 | 20.8 | 18.0 | 20.5 | 17.9 | 17.7 | 18.0 | 16.9 | 16.5 | 16.0 | 33 |
| Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM513192305 | 11.8 | 11.0 | 11.6 | 10.8 | 10.7 | 11.0 | 10.6 | 10.5 | 10.5 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 13.1 | 12.1 | 13.0 | 12.3 | 11.9 | 12.1 | 11.3 | 11.1 | 10.6 | 35 |
| Finance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM613192305 | 7.7 | 7.8 | 7.8 | 7.5 | 7.5 | 7.8 | 7.5 | 7.3 | 7.0 | 36 |
| Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192305 | 14.5 | 15.7 | 14.7 | 14.2 | 14.7 | 15.7 | 14.4 | 13.3 | 12.7 | 37 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM733192305 | 105.7 | 105.8 | 106.7 | 107.7 | 97.8 | 105.8 | 101.7 | 91.7 | 83.2 | 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 | 504.6 | 505.9 | 512.6 | 481.1 | 482.4 | 505.9 | 481.4 | 470.9 | 469.6 | 40 |
| Rest of the world; foreign direct investment in U.S.: intercompany debt, U.S. affiliates' liabilities; asset | LM263092323 | 962.6 | 967.3 | 965.9 | 959.5 | 955.8 | 967.3 | 952.4 | 952.5 | 957.5 | 41 |
| Rest of the world; U.S. direct investment abroad: intercompany debt, U.S. affiliates' claims; liability | LM263192323 | 458.0 | 461.3 | 453.3 | 478.4 | 473.5 | 461.3 | 470.9 | 481.7 | 487.8 | 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: December 9, 2022