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WEDNESDAY March 26, 2014

VALUE OF BOTH FOREIGN INVESTMENTS IN THE UNITED
STATES AND U.S. INVESTMENTS ABROAD INCREASED IN
FOURTH QUARTER 2013
Fourth Quarter 2013 U.S. Net International Investment Position

The U.S. net international investment position was -$4,577.5 billion (preliminary) at the end of the fourth
quarter of 2013 as the value of foreign investments in the United States exceeded the value of U.S.
investments abroad. At the end of the third quarter, the net position was -$4,171.8 billion (revised).
Chart 1. U.S. Net International Investment Position, 2006:IV-2013:IV
(Quarterly, not seasonally adjusted)

Chart 2. Foreign-Owned Assets in the United States and
U.S.-Owned Assets Abroad, 2006:IV-2013:IV
(Quarterly, not seasonally adjusted)

Billions of dollars
30,000

Billions of dollars
0
-500

25,000
-1,000
-1,500

Foreign-owned assets in the United States

20,000

-2,000

U.S.-owned assets abroad

2006:IV

15,000

-2,500

2006:IV

-3,000

10,000
-3,500
-4,000

5,000

-4,500

0

-5,000
2007

2008

2009

2010

2011

2012

2013

2007

2008

2009

2010

2011

2012

2013

•

The $405.7 billion decrease in the net position reflected a $777.8 billion increase in the value of
foreign-owned assets in the United States that exceeded a $372.1 billion increase in the value of
U.S.-owned assets abroad.

•

The U.S. net international investment position decreased 9.7 percent in the fourth quarter, compared
with a 6.4-percent increase in the third quarter and an average quarterly decrease of 6.3 percent from
the first quarter of 2011 through the third quarter of 2013.

•

The decrease in the net position in the fourth quarter was attributable to the valuation changes of
foreign-owned assets in the United States that were $211.7 billion larger than the valuation changes
of U.S.-owned assets abroad, and net inflows of $194.0 billion.

•

U.S.-owned assets abroad were $21,963.8 billion at the end of the fourth quarter compared with
$21,591.7 billion at the end of the third quarter.

•

Foreign-owned assets in the United States were $26,541.3 billion at the end of the fourth quarter
compared with $25,763.5 billion at the end of the third quarter.

BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output
accounts, and economic statistics for states, local areas, and industries—are available on the BEA Web site: www.bea.gov.
E-mail alerts are also available.
The next release of the U.S. international investment position will be on June 30, 2014.
Contact: Jeannine Aversa or Tom Dail 202–606–2649

Bureau of Economic Analysis, U.S. Department of Commerce