The U.S. direct investment abroad position, or cumulative level of investment, increased $212.2 billion to $6.58 trillion at the end of 2022 from $6.37 trillion at the end of 2021, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $172.8 billion increase in the position in Europe, primarily in the Netherlands and the United Kingdom. By industry, manufacturing affiliates had the largest increase.
The foreign direct investment in the United States position increased $216.8 billion to $5.25 trillion at the end of 2022 from $5.04 trillion at the end of 2021. The increase mainly reflected a $142.2 billion increase in the position from Europe, with the largest increases from the United Kingdom and Germany. By industry, affiliates in manufacturing and wholesale trade accounted for the majority of the increase.
Other highlights from the direct investment statistics for 2022:
- U.S. MNEs earned income of $590.4 billion in 2022 on their cumulative investment abroad, a 3.6 percent increase from 2021. Dividends, or repatriated profits, decreased $19.1 billion, or 6.1 percent.
- Foreign MNEs earned income of $289.9 billion in 2022 on their cumulative investment in the United States, a 1.7 percent increase from 2021.
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