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Thursday, July 1, 2021
Contact: Jeannine Aversa, (301) 278-9003

New Foreign Direct Investment in the United States, 2020
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $120.7
billion in 2020, down 45.4 percent from $221.2 billion in 2019.

New Foreign Direct Investment Expenditures by Type, 1998-2020
Billions $

500
450
400
350
300
250

Expansions*

200

Establishments

150

Acquisitions

100
50
0

*Expansions included 2014 to present
NOTE–Survey not conducted 2009–2013.

U.S. Bureau of Economic Analysis

Additional highlights of the statistics on new foreign direct investment for 2020:
•
•

•

Expenditures for acquisitions were $116.3 billion, expenditures to establish new U.S. businesses
were $1.9 billion, and expenditures to expand existing foreign-owned businesses were $2.4
billion.
Total planned greenfield investment expenditures—expenditures to establish new U.S.
businesses and to expand existing foreign-owned U.S. businesses—for investments initiated in
2020, which include both first-year spending and planned spending in other years, totaled $19.5
billion.
Employment at newly acquired, established, or expanded foreign-owned businesses in the
United States was 197,500 in 2020.

BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic
data for states, local areas, and industries—are available on the BEA website: www.bea.gov. E-mail alerts are also available.
NOTE: The next release in this series will present data for 2021 and will be available July 2022.
Bureau of Economic Analysis, U.S. Department of Commerce