Financial Accounts of the United States - Z.1
L.225.a Direct Investment Equity
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| 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) | LM263192101 | 7942.7 | 9294.9 | 9740.8 | 8404.1 | 9294.9 | 9983.4 | 9991.9 | 10552.6 | 9740.8 | 1 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 6658.8 | 7702.5 | 8090.7 | 6984.2 | 7702.5 | 8260.3 | 8287.7 | 8762.6 | 8090.7 | 2 |
| U.S.-chartered depository institutions; U.S. direct investment abroad: equity (market value) | LM763092100 | 320.3 | 371.5 | 376.8 | 337.7 | 371.5 | 394.1 | 395.7 | 413.3 | 376.8 | 3 |
| Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) | LM513092103 | 214.7 | 307.0 | 276.3 | 252.9 | 307.0 | 327.1 | 302.2 | 307.6 | 276.3 | 4 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 23.2 | 41.4 | 55.3 | 39.6 | 41.4 | 47.7 | 52.8 | 55.7 | 55.3 | 5 |
| Finance companies; U.S. direct investment abroad: equity (market value) | LM613092103 | 365.0 | 436.6 | 465.9 | 400.8 | 436.6 | 472.9 | 471.8 | 499.5 | 465.9 | 6 |
| 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 | 7 |
| Holding companies; U.S. direct investment abroad: equity (market value) | LM733092103 | 360.6 | 436.0 | 475.7 | 389.0 | 436.0 | 481.3 | 481.8 | 513.9 | 475.7 | 8 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | LM103192105 | 9143.0 | 11329.9 | 13972.6 | 10220.4 | 11329.9 | 12402.9 | 12887.0 | 13574.4 | 13972.6 | 9 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | LM115114103 | 95.7 | 140.4 | 161.1 | 107.6 | 140.4 | 151.9 | 155.0 | 161.7 | 161.1 | 10 |
| Foreign banking offices in the U.S.; foreign direct investment in U.S.: equity; liability (market value) | LM753192103 | 348.7 | 462.5 | 582.5 | 408.1 | 462.5 | 510.8 | 529.4 | 564.7 | 582.5 | 11 |
| Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) | LM513192103 | 198.4 | 260.0 | 336.6 | 230.8 | 260.0 | 290.1 | 302.0 | 325.4 | 336.6 | 12 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 110.1 | 118.9 | 136.4 | 112.1 | 118.9 | 133.9 | 130.9 | 136.1 | 136.4 | 13 |
| Finance companies; foreign direct investment in U.S.: equity; liability (market value) | LM613192103 | 141.3 | 162.2 | 199.2 | 148.6 | 162.2 | 174.6 | 180.9 | 192.0 | 199.2 | 14 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | LM663192103 | 334.1 | 421.3 | 551.9 | 363.9 | 421.3 | 474.7 | 491.5 | 534.0 | 551.9 | 15 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) | LM733192103 | 95.5 | 83.7 | 94.3 | 89.3 | 83.7 | 82.6 | 92.3 | 95.5 | 94.3 | 16 |
| 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 | 17 |
| Rest of the world; foreign direct investment in U.S.: equity; asset (market value) (1) | LM263092101 | 10466.9 | 12978.9 | 16034.5 | 11680.9 | 12978.9 | 14221.4 | 14769.0 | 15583.8 | 16034.5 | 18 |
| Rest of the world; U.S. direct investment abroad, including Netherlands Antillean Financial subsidiaries; liability (market value) | LM263192005 | 7853.3 | 9225.6 | 9626.8 | 8333.5 | 9225.6 | 9926.7 | 9900.6 | 10445.4 | 9626.8 | 19 |
| Rest of the world; foreign direct investment in U.S.; asset (market value) | LM263092001 | 10938.2 | 13427.9 | 16546.1 | 12141.5 | 13427.9 | 14680.8 | 15257.7 | 16079.6 | 16546.1 | 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