Table 11.—Gross Product of Nonbank Majority-Owned Foreign Affiliates, by Major Area and Industry of Affiliate, 1989, 1995, and 1996

Millions of dollars Percent change at annual rates
1989 1995 1996 Change, 1995-96 1989-95 1995-96
All areas, all industries 319,994 465,576 498,439 32,863 6.5 7.1
By major area
Canada 52,114 50,962 53,790 2,828 -.4 5.5
Europe 179,758 279,298 295,652 16,354 7.6 5.9
Latin America and Other Western Hemisphere 29,601 46,450 51,919 5,469 7.8 11.8
Africa 5,299 6,657 8,183 1,526 3.9 22.9
Middle East 4,891 3,674 4,630 956 -4.7 26.0
Asia and Pacific 46,875 77,127 82,489 5,362 8.7 7.0
International/1/ 1,457 1,410 1,776 366 -.5 26.0
By major industry
Petroleum 77,195 99,683 109,985 10,302 4.4 10.3
Manufacturing 172,008 238,901 248,644 9,743 5.6 4.1
Food and kindred products 13,643 24,907 24,259 -648 10.6 -2.6
Chemicals and allied products 32,059 46,601 50,508 3,907 6.4 8.4
Primary and fabricated metals 7,623 9,347 11,020 1,673 3.5 17.9
Industrial machinery and equipment 30,430 33,969 33,144 -825 1.9 -2.4
Electronic and other electric equipment 12,646 23,728 24,930 1,202 11.1 5.1
Transportation equipment 33,764 35,467 37,988 2,521 .8 7.1
Other manufacturing 41,843 64,880 66,795 1,915 7.6 3.0
Wholesale trade 37,947 54,320 56,399 2,079 6.2 3.8
Finance (except depository institutions), insurance and real estate 3,439 14,049 16,662 2,613 26.5 18.6
Services 14,612 33,307 37,982 4,675 14.8 14.0
Other industries 14,793 25,318 28,766 3,448 9.4 13.6

1. See footnote 1 to table 9.