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Monday, July 10, 2023
Contact: Connie O’Connell, (301) 278-9003

New Foreign Direct Investment in the United States, 2022
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $177.5
billion in 2022, down $185.1 billion from $362.6 billion in 2021.

Chart 1. New Foreign Direct Investment by Type, 1999–2022
Billions of dollars

500
450
400
350
300
250

Expansions*

200

Establishments

150

Acquisitions

100
50
0

*Expansions are included in 2014 to present.
Note. The survey used to produce these statistics was not conducted between 2009–2013.
U.S. Bureau of Economic Analysis

Additional highlights of the statistics on new foreign direct investment for 2022:
•
•

•

Expenditures for acquisitions were $169.4 billion, expenditures to establish new U.S. businesses
were $3.8 billion, and expenditures to expand existing foreign-owned businesses were $4.4
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
2022, which include both first-year spending and planned spending in future years, totaled
$85.7 billion.
Employment at newly acquired, established, or expanded foreign-owned businesses in the
United States was 142,700 in 2022.

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 2023 and will be available July 2024.
Bureau of Economic Analysis, U.S. Department of Commerce