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 | 2022 | 2023 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rest of the world; U.S. direct investment abroad: equity; liability (market value) (1) | FA263192101 | 379.0 | 360.0 | 278.3 | 405.0 | 492.1 | 444.2 | 244.6 | 299.4 | 124.9 | 1 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FA103092105 | 298.6 | 272.8 | 243.1 | 347.9 | 388.1 | 309.2 | 247.0 | 289.0 | 127.5 | 2 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | FA763092100 | 14.6 | 0.1 | 0.9 | -23.0 | 9.1 | 11.6 | 23.9 | -23.9 | -7.8 | 3 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | FA513092103 | 4.6 | 30.1 | -28.0 | 10.4 | 76.0 | 9.4 | -67.7 | -22.6 | -31.1 | 4 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | FA543092173 | 3.4 | 8.6 | 11.7 | 17.4 | -10.1 | 12.4 | 16.9 | 1.8 | 15.5 | 5 |
| Finance companies; U.S. direct investment abroad: equity (market value) | FA613092103 | 35.2 | 15.9 | 21.6 | 22.7 | -12.3 | 36.9 | 9.7 | 21.7 | 18.2 | 6 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | FA663092103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7 |
| Holding companies; U.S. direct investment abroad: equity (market value) | FA733092103 | 22.5 | 32.4 | 28.9 | 29.5 | 41.3 | 64.8 | 14.9 | 33.5 | 2.5 | 8 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FA103192105 | 257.0 | 271.5 | 223.8 | 255.7 | 212.5 | 208.5 | 234.2 | 183.2 | 269.1 | 9 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FA115114103 | 0.6 | 13.7 | -0.6 | 11.4 | 43.2 | -0.4 | -1.3 | 0.2 | -1.0 | 10 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | FA753192103 | 12.7 | 12.2 | 16.1 | 2.8 | 14.8 | 17.2 | 10.0 | 21.4 | 15.6 | 11 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | FA513192103 | 21.0 | 10.6 | 13.4 | 9.4 | 10.3 | 15.0 | 7.9 | 17.6 | 12.9 | 12 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | FA543192173 | 7.0 | -0.7 | -3.6 | -2.0 | -3.6 | 9.1 | -10.9 | -0.6 | -12.1 | 13 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | FA613192103 | 1.0 | -3.1 | 4.2 | 3.1 | -2.9 | -2.1 | 3.4 | 5.7 | 9.9 | 14 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192103 | -11.8 | 34.3 | 41.4 | -22.2 | 91.6 | 58.5 | 16.8 | 70.8 | 19.4 | 15 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | FA733192103 | 45.9 | -32.3 | -12.2 | 11.6 | -68.5 | -47.5 | 27.8 | -10.5 | -18.4 | 16 |
| Other financial business; foreign direct investment in U.S.: equity; liability (market value) | FA503192103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 333.5 | 306.3 | 282.4 | 269.9 | 297.5 | 258.3 | 288.0 | 287.8 | 295.4 | 18 |
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | FA263192005 | 332.4 | 394.0 | 222.2 | 464.3 | 497.3 | 438.4 | 118.6 | 234.1 | 97.7 | 19 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) | FA263092001 | 352.9 | 288.7 | 321.5 | 251.7 | 231.7 | 261.0 | 376.5 | 290.1 | 358.4 | 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 13, 2025