Financial Accounts of the United States - Z.1
F.225.a Direct Investment Equity
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | FA263192101 | 375.8 | 443.6 | 313.7 | 423.9 | 438.9 | 275.4 | 320.1 | 334.4 | 324.8 | 1 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FA103092105 | 293.1 | 357.7 | 234.7 | 324.6 | 365.7 | 167.2 | 214.6 | 292.7 | 264.2 | 2 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | FA763092100 | 11.1 | 15.6 | -8.2 | 30 | 9.9 | -6.3 | 20.6 | -34.1 | -13.1 | 3 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | FA513092103 | 16.9 | 11.9 | 18.7 | 19 | 11.4 | 9 | 28.1 | 11 | 26.5 | 4 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | FA543092173 | 0 | 1.9 | 14.2 | 4.3 | 3.7 | 24 | 3.3 | 19.8 | 9.8 | 5 |
| Finance companies; U.S. direct investment abroad: equity (market value) | FA613092103 | 24.4 | 33.2 | 25.7 | 40.8 | 42.6 | 29 | 28 | 25.6 | 20.1 | 6 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | FA663092103 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Holding companies; U.S. direct investment abroad: equity (market value) | FA733092103 | 30.3 | 23.2 | 28.6 | 5.1 | 5.6 | 52.5 | 25.5 | 19.2 | 17.3 | 8 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FA103192105 | 385.8 | 264.7 | 290.6 | 293.7 | 206.8 | 445.8 | 262.5 | 273.2 | 181 | 9 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FA115114103 | 0.8 | 0.5 | -0.2 | 0.2 | 0.6 | 0.5 | -0.3 | -0.1 | -0.8 | 10 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | FA753192103 | -2 | 10.4 | 13 | 12.2 | 22.3 | 13.6 | 23.4 | 4.5 | 10.4 | 11 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | FA513192103 | 6.5 | 14.5 | 15.5 | 22.9 | 11.3 | 5.9 | 17.1 | 15.8 | 23.1 | 12 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | FA543192173 | 0.7 | 6.4 | 3.6 | 10 | 19.2 | 8.9 | 4.7 | 4.1 | -3.3 | 13 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | FA613192103 | 8.8 | 1 | -0.2 | 4.4 | -5.7 | -6.7 | -2.8 | 3.3 | 5.4 | 14 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192103 | 47.4 | -25.1 | 37.5 | -53.9 | 55.4 | 24.5 | 63 | -32 | 94.3 | 15 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | FA733192103 | -36.8 | 63.1 | -43.8 | 88.1 | -14.1 | -25.2 | -72.5 | 13.6 | -91.1 | 16 |
| Other financial business; foreign direct investment in U.S.: equity; liability (market value) | FA503192103 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 |
| Rest of the world; foreign direct investment in U.S.: equity; asset (market value) (1) | FA263092101 | 411.3 | 335.5 | 316 | 377.5 | 295.9 | 467.2 | 295 | 282.5 | 219.1 | 18 |
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | FA263192005 | 311.8 | 402.2 | 349 | 276.8 | 460.5 | 425.4 | 218.2 | 369.9 | 382.4 | 19 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) | FA263092001 | 410.8 | 364 | 323.6 | 463.4 | 304.9 | 438.8 | 318.3 | 286.8 | 250.6 | 20 |
NOTES
- Direct investment is presented on a directional basis and reported at market value.
- Memo totals are the sum of direct investment equity (tables F.225.a and L.225.a) and intercompany debt (tables F.223 and L.223).
Last Update: March 7, 2024