Federal Reserve Economic Data

Annual

F.230 Direct Investment


The Financial Accounts (formerly known as the Flow of Funds accounts) are a set of financial accounts used to track the sources and uses of funds by sector. They are a component of a system of macroeconomic accounts including the National Income and Product accounts (NIPA) and balance of payments accounts, all of which serve as a comprehensive set of information on the economy’s performance.(1) Some important inferences that can be drawn from the Financial accounts are the financial strength of a given sector, new economic trends, changes in the composition of wealth, and development of new financial instruments over time.(1)
Sectors are compiled into three categories: households, nonfinancial businesses, and banks. The sources of funds for a sector are its internal funds (savings from income after consumption) and external funds (loans from banks and other financial intermediaries). (1) Funds for a given sector are used for its investments in physical and financial assets. Dividing sources and uses of funds into two categories helps the staff of the Federal Reserve System pay particular attention to external sources of funds and financial uses of funds.(2) One example is whether households are borrowing more from banks—or in other words, whether household debt is rising. Another example might be whether banks are using more of their funds to provide loans to consumers. Transactions within a sector are not shown in the accounts; however, transactions between sectors are.(2) Monitoring the external flows of funds provides insights into a sector’s health and the performance of the economy as a whole.
Data for the Financial accounts are compiled from a large number of reports and publications, including regulatory reports such as those submitted by banks, tax filings, and surveys conducted by the Federal Reserve System.(2) The Financial accounts are published quarterly as a set of tables in the Federal Reserve’s Z.1 statistical release.
(1) Teplin, Albert M. “The U.S. Flow of Funds Accounts and Their Uses.” Federal Reserve Bulletin, July 2001; http://www.federalreserve.gov/pubs/bulletin/2001/0701lead.pdf.
(2) Board of Governors of the Federal Reserve System. “Guide to the Flow of Funds Accounts.” 2000, http://www.federalreserve.gov/apps/fof/.

For questions on the data, please contact the data source: https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/z1/%
For questions on FRED functionality, please contact: https://fred.stlouisfed.org/contactus/


   

Please select a date range

    1946    
 
 
    2024
Millions of Dollars
Line Name 2024 Preceding
Period
Year Ago
from Period
U.S. direct investment abroad:
Liab:
line 1
Rest of the world
187,209 393,984 393,984
line 2
Equity
278,300 359,955 359,955
line 3
Equity (other than reinvested earnings)
36,027 41,195 41,195
line 4
Reinvested earnings
242,273 318,760 318,760
line 5
Of which: Current-cost adjustment
31,405 30,841 30,841
line 6
Intercompany debt
-56,091 34,029 34,029
line 7
U.S. parents’ claims
14,866 91,330 91,330
line 8
Less: U.S. parents’ liabilities
70,956 57,302 57,302
Asset:
line 9
Nonfinancial corporate business
201,298 301,975 301,975
line 10
Of which: Current-cost adjustment
31,405 30,841 30,841
line 11
U.S.-chartered depository institutions
-1,712 1,467 1,467
line 12
Property-casualty insurance companies
-30,169 30,636 30,636
line 13
Life insurance companies
11,099 8,628 8,628
line 14
Finance companies
17,292 17,394 17,394
line 15
Brokers and dealers
0 0 0
Foreign direct investment in U.S.:
Liab:
line 16
Nonfinancial corporate business
278,193 253,405 253,405
line 17
Of which: Current-cost adjustment
17,676 17,470 17,470
line 18
Nonfinancial noncorporate business
-705 14,334 14,334
line 19
Foreign banking offices in U.S.
18,053 12,679 12,679
line 20
Property-casualty insurance companies
14,864 10,703 10,703
line 21
Life insurance companies
-3,664 -1,479 -1,479
line 22
Finance companies
4,838 -3,753 -3,753
line 23
Brokers and dealers
44,303 34,004 34,004
line 24
Holding companies
-34,383 -31,209 -31,209
line 25
Funding corporations
0 0 0
Asset:
line 26
Rest of the world
331,498 288,684 288,684
line 27
Equity
282,374 306,282 306,282
line 28
Equity (other than reinvested earnings)
53,521 115,925 115,925
line 29
Reinvested earnings
228,853 190,357 190,357
line 30
Of which: Current-cost adjustment
17,676 17,470 17,470
line 31
Intercompany debt
39,124 -17,598 -17,598
line 32
U.S. affiliates’ liabilities
26,201 -14,799 -14,799
line 33
Less: U.S. affiliates’ claims
-12,924 2,799 2,799
Memo:
Direct investment, asset/liability presentation:
line 34
Net U.S. acquisition of direct investment assets
280,243 454,084 454,084
line 35
Equity (line 2)
278,300 359,955 359,955
line 36
Intercompany debt
1,943 94,129 94,129
line 37
U.S. parents’ claims (line 7)
14,866 91,330 91,330
line 38
U.S. affiliates’ claims (line 33)
-12,924 2,799 2,799
line 39
Net U.S. incurrence of direct investment liabilities
379,531 348,785 348,785
line 40
Equity (line 27)
282,374 306,282 306,282
line 41
Intercompany debt
97,157 42,503 42,503
line 42
U.S. parents’ liabilities (line 8)
70,956 57,302 57,302
line 43
U.S. affiliates’ liabilities (line 32)
26,201 -14,799 -14,799
   

Back to Top