Business Services Industry
International data
Survey of Current Business, Nov, 2004
F. Transactions Tables
Table F.1 presents estimates of U.S. international trade in goods and
services that were released on November 10, 2004. It includes
preliminary estimates for September 2004 and revised estimates for
August 2004. The sources for the other tables in this section
are as noted.
Table F.1. U.S. International Transactions in Goods and Services
[Millions of dollars; monthly estimates seasonally adjusted]
2002 2003
Exports of goods and services 975,940 1,020,503
Goods 681,833 713,122
Foods, feeds, and beverages 49,616 55,026
Industrial supplies and materials 156,812 173,043
Capital goods, except automotive 290,437 293,621
Automotive vehicles, parts, and
engines 78,942 80,686
Consumer goods (nonfood), except
automotive 84,359 89,908
Other goods 32,937 32,488
Adjustments (1) -11,270 -11,649
Services 294,107 307,381
Travel 66,728 64,509
Passenger fares 17,046 15,693
Other transportation 29,195 31,833
Royalties and license fees 44,219 48,227
Other private services 124,181 133,818
Transfers under U.S. military
agency sales contracts (2) 11,943 12,491
U.S. Government miscellaneous 795 810
services
Imports of goods and services 1,397,675 1,517,011
Goods 1,164,728 1,260,674
Foods, feeds, and beverages 49,687 55,831
Industrial supplies and materials 267,693 313,818
Capital goods, except automotive 283,323 295,833
Automotive vehicles, parts, and
engines 203,743 210,173
Consumer goods (nonfood), except
automotive 307,842 333,878
Other goods 49,078 47,587
Adjustments (1) 3,362 3,553
Services 232,947 256,337
Travel 158,044 56,613
Passenger fares 19,969 20,957
Other transportation 38,407 44,768
Royalties and license fees 19,235 20,049
Other private services 75,271 85,829
Direct defense expenditures 19,101 25,117
U.S. Government miscellaneous
services 2,920 3,004
Memoranda:
Balance on goods -482,895 -547,552
Balance on services 611,601 51,044
Balance on goods and services -421,735 -496,508
2003
Aug. Sept. Oct.
Exports of goods and services 84,105 86,009 88,107
Goods 58,234 59,930 61,170
Foods, feeds, and beverages 4,473 4,690 4,794
Industrial supplies and materials 14,125 14,175 14,632
Capital goods, except automotive 24,096 24,849 25,482
Automotive vehicles, parts, and
engines 6,357 6,784 6,937
Consumer goods (nonfood), except
automotive 7,470 7,696 7,588
Other goods 2,766 2,823 2,509
Adjustments (1) -1,053 -1,091 -771
Services 25,871 26,083 26,937
Travel 5,401 5,546 5,899
Passenger fares 1,357 1,359 1,389
Other transportation 2,613 2,651 2,863
Royalties and license fees 4,057 4,089 4,141
Other private services 11,232 11,250 11,432
Transfers under U.S. military
agency sales contracts (2) 1,143 1,115 1,146
U.S. Government miscellaneous 68 68 67
services
Imports of goods and services 124,290 127,259 129,596
Goods 102,627 105,490 107,345
Foods, feeds, and beverages 4,563 4,788 4,785
Industrial supplies and materials 25,954 26,138 25,994
Capital goods, except automotive 24,185 25,058 25,365
Automotive vehicles, parts, and
engines 16,254 17,510 18,009
Consumer goods (nonfood), except
automotive 27,389 27,775 28,926
Other goods 3,808 3,910 3,990
Adjustments (1) 474 310 277
Services 21,663 21,769 22,251
Travel 4,902 4,769 4,938
Passenger fares 1,875 1,791 1,853
Other transportation 3,639 3,790 3,783
Royalties and license fees 1,736 1,757 1,753
Other private services 7,152 7,263 7,429
Direct defense expenditures 2,108 2,148 2,243
U.S. Government miscellaneous
services 251 251 252
Memoranda:
Balance on goods -44,393 -45,565 -46,176
Balance on services 4,208 4,314 4,686
Balance on goods and services -40,185 -41,251 -41,490
2003 2004
Nov. Dec. Jan.
Exports of goods and services 90,133 90,067 88,605
Goods 63,075 62,613 61,684
Foods, feeds, and beverages 5,022 4,880 4,563
Industrial supplies and materials 14,642 15,122 15,127
Capital goods, except automotive 26,841 26,003 25,880
Automotive vehicles, parts, and
engines 6,764 6,906 6,679
Consumer goods (nonfood), except
automotive 7,979 7,849 7,674
Other goods 2,930 2,648 2,736
Adjustments (1) -1,103 -796 -976
Services 27,058 27,454 26,921
Travel 6,041 6,131 5,799
Passenger fares 1,445 1,476 1,442
Other transportation 2,805 2,880 2,903
Royalties and license fees 4,164 4,176 4,158
Other private services 11,431 11,615 11,494
Transfers under U.S. military
agency sales contracts (2) 1,104 1,081 1,063
U.S. Government miscellaneous 68 68 62
services
Imports of goods and services 130,128 134,077 134,373
Goods 107,818 111,135 111,276
Foods, feeds, and beverages 4,883 4,949 4,800
Industrial supplies and materials 25,831 28,056 28,254
Capital goods, except automotive 25,642 26,686 26,717
Automotive vehicles, parts, and
engines 18,103 18,337 17,823
Consumer goods (nonfood), except
automotive 29,075 28,853 29,403
Other goods 4,020 4,028 4,036
Adjustments (1) 264 226 243
Services 22,310 22,942 23,097
Travel 4,953 5,211 5,216
Passenger fares 1,894 1,816 1,842
Other transportation 3,697 4,072 4,163
Royalties and license fees 1,766 1,785 1,732
Other private services 7,470 7,509 7,616
Direct defense expenditures 2,278 2,296 2,269
U.S. Government miscellaneous
services 252 253 259
Memoranda:
Balance on goods -44,742 -48,523 -49,592
Balance on services 4,748 4,512 3,824
Balance on goods and services -39,994 -44,011 -45,768
2004
Feb. March April
Exports of goods and services 92,249 95,220 94,315
Goods 64,934 67,302 65,947
Foods, feeds, and beverages 4,671 4,883 4,667
Industrial supplies and materials 16,011 16,706 16,330
Capital goods, except automotive 27,242 27,713 27,087
Automotive vehicles, parts, and
engines 6,972 7,241 7,153
Consumer goods (nonfood), except
automotive 8,153 8,649 8,580
Other goods 2,849 3,283 3,081
Adjustments (1) -964 -1,173 -951
Services 27,315 27,918 28,368
Travel 6,011 6,068 6,351
Passenger fares 1,527 1,558 1,608
Other transportation 2,992 3,165 3,160
Royalties and license fees 4,156 4,158 4,161
Other private services 11,494 11,755 11,804
Transfers under U.S. military
agency sales contracts (2) 1,074 1,153 1,222
U.S. Government miscellaneous 61 61 61
services
Imports of goods and services 138,034 142,272 142,509
Goods 114,705 118,707 118,935
Foods, feeds, and beverages 5,090 5,148 5,113
Industrial supplies and materials 31,228 31,832 30,869
Capital goods, except automotive 26,292 27,239 27,785
Automotive vehicles, parts, and
engines 18,770 18,934 18,982
Consumer goods (nonfood), except
automotive 28,891 31,217 31,651
Other goods 4,182 4,035 4,314
Adjustments (1) 251 302 220
Services 23,329 23,565 23,574
Travel 5,211 5,081 5,305
Passenger fares 1,850 1,883 1,906
Other transportation 4,327 4,561 4,228
Royalties and license fees 1,737 1,754 18,131
Other private services 7,690 7,741 7,751
Direct defense expenditures 2,273 2,282 2,304
U.S. Government miscellaneous
services 261 264 267
Memoranda:
Balance on goods -49,771 -51,405 -52,988
Balance on services 3,986 4,353 4,794
Balance on goods and services -45,785 -47,052 -48,194
2004
May June July
Exports of goods and services 96,895 93,085 95,915
Goods 68,693 64,675 67,462
Foods, feeds, and beverages 4,775 4,497 4,437
Industrial supplies and materials 17,346 16,096 17,293
Capital goods, except automotive 28,749 26,390 27,769
Automotive vehicles, parts, and
engines 7,246 6,982 7,565
Consumer goods (nonfood), except
automotive 8,532 8,437 8,248
Other goods 2,982 3,313 2,920
Adjustments (1) -9,381 -1,040 -770
Services 28,202 28,410 28,453
Travel 6,226 6,355 6,430
Passenger fares 1,535 1,547 1,534
Other transportation 3,143 3,071 3,075
Royalties and license fees 14,168 4,179 4,204
Other private services 11,831 11,915 11,917
Transfers under U.S. military
agency sales contracts (2) 1,237 1,280 1,229
U.S. Government miscellaneous 62 63 64
services
Imports of goods and services 143,965 148,106 146,463
Goods 120,167 123,793 122,224
Foods, feeds, and beverages 5,260 5,247 5,143
Industrial supplies and materials 31,925 35,061 33,882
Capital goods, except automotive 28,027 29,357 29,178
Automotive vehicles, parts, and
engines 19,418 18,705 19,127
Consumer goods (nonfood), except
automotive 31,046 30,960 30,486
Other goods 4,214 4,217 4,136
Adjustments (1) 277 247 271
Services 23,798 24,313 24,239
Travel 5,417 5,448 5,580
Passenger fares 1,906 1,999 1,989
Other transportation 4,223 4,514 4,339
Royalties and license fees 1,836 1,848 1,840
Other private services 7,837 7,922 7,947
Direct defense expenditures 2,311 2,315 2,280
U.S. Government miscellaneous
services 268 267 264
Memoranda:
Balance on goods -51,474 -59,118 -54,761
Balance on services 4,404 4,097 4,214
Balance on goods and services -47,070 -55,021 -50,547
2004
Aug. (r) Sept. (p)
Exports of goods and services 96,697 97,486
Goods 68,009 68,943
Foods, feeds, and beverages 4,229 4,877
Industrial supplies and materials 16,974 17,463
Capital goods, except automotive 27,743 28,021
Automotive vehicles, parts, and
engines 7,810 7,731
Consumer goods (nonfood), except
automotive 8,587 8,839
Other goods 3,503 3,260
Adjustments (1) -837 -1,248
Services 28,688 28,543
Travel 6,477 6,380
Passenger fares 1,527 1,495
Other transportation 3,199 3,144
Royalties and license fees 42,171 4,228
Other private services 11,965 12,032
Transfers under U.S. military
agency sales contracts (2) 1,239 1,199
U.S. Government miscellaneous 64 65
services
Imports of goods and services 150,246 149,044
Goods 124,993 124,512
Foods, feeds, and beverages 5,100 4,967
Industrial supplies and materials 36,599 35,942
Capital goods, except automotive 29,049 29,470
Automotive vehicles, parts, and
engines 19,227 19,449
Consumer goods (nonfood), except
automotive 30,373 30,328
Other goods 4,363 4,105
Adjustments (1) 281 251
Services 25,253 24,532
Travel 5,539 5,472
Passenger fares 1,968 1,950
Other transportation 4,523 4,564
Royalties and license fees 2,639 1,854
Other private services 7,979 8,055
Direct defense expenditures 2,345 2,375
U.S. Government miscellaneous
services 260 262
Memoranda:
Balance on goods -56,984 -55,570
Balance on services 3,435 4,011
Balance on goods and services -53,549 -51,559
(p) Preliminary.
(r) Revised.
(1.) Reflects adjustments necessary to bring the Census Bureau's
component data in line with the concepts and definitions
used to prepare BEA's international and national accounts.
(2.) Contains goods that cannot be separately identified.
Sources: U.S. Bureau of Economic Analysis and U.S. Bureau of the Census.
Table F.2. U.S. International Transactions
[Millions of dollars]
Not
season-
ally
adjusted
Line (Credits ;debits -) (1) 2003 2003
I
Current account
1 Exports of goods and services and
income receipts 1,314,888 312,717
2 Exports of goods and services 1,020,503 244,400
3 Goods, balance of payments
basis (2) 713,122 171,660
4 Services (3) 307,381 72,740
5 Transfers under U.S. military
agency sales contracts (4) 12,491 2,827
6 Travel 64,509 13,602
7 Passenger fares 15,693 3,454
8 Other transportation 31,833 7,352
9 Royalties and license
fees (5) 48,227 11,286
10 Other private services (5) 133,818 34,017
11 U.S. Government miscellaneous
services 810 202
12 Income receipts 294,385 68,317
13 Income receipts on US-owned
assets abroad 291,354 67,576
14 Direct investment receipts 187,522 41,288
15 Other private receipts 99,135 25,345
16 U.S. Government receipts 4,697 943
17 Compensation of employees 3,031 741
18 Imports of goods and services and
income payments -1,778,117 -418,713
19 Imports of goods and services -1,517,011 -355,417
20 Goods, balance of payments
basis -1,260,674 -297,186
21 Services (3) -256,337 -58,231
22 Direct defense expenditures -25,117 -5,732
23 Travel -56,613 -12,229
24 Passenger fares -20,957 -4,498
25 Other transportation -44,768 -10,248
26 Royalties and license
fees (5) -20,049 -4,480
27 Other private services (5) -85,829 -20,299
28 U.S. Government miscellaneous
services -3,004 -745
29 Income payments -261,106 -63,296
30 Income payments on foreign-
owned assets in the United
States -252,573 -61,221
31 Direct investment payments -68,657 -15,079
32 Other private payments -111,874 -28,146
33 U.S. Government payments -72,042 -17,996
34 Compensation of employees -8,533 -2,075
35 Unilateral current transfers, net -67,439 -16,979
36 U.S. Government grants (4) -21,865 -5,833
37 U.S. Government pensions and
other transfers -5,341 -1,037
38 Private remittances and other
transfers (6) -40,233 -10,109
Capital and financial account
Capital account
39 Capital account transactions, net -3,079 -406
Financial account
40 U.S.-owned assets abroad, net
(increase/financial outflow (-)) -283,414 -106,395
41 U.S. official reserve assets, net 1,523 83
42 Gold (7)
43 Special drawing rights 601 897
44 Reserve position in the 1,494 -644
International Monetary Fund
45 Foreign currencies -572 -170
46 U.S. Government assets, other
than official reserve assets,
net 537 53
47 U.S. credits and other long-
term assets -7,279 -2,428
48 Repayments on U.S. credits and
other long-term assets (8) 7,981 2,445
49 U.S. foreign currency holdings
and US short-term assets, net -165 36
50 U.S. private assets, net -285,474 -106,531
51 Direct investment -173,799 -44,567
52 Foreign securities -72,337 -26,619
53 U.S. claims on unaffiliated
foreigners reported by US
nonbanking concerns -28,932 -11,207
54 U.S. claims reported by U.S. -10,406 -24,138
banks, not included elsewhere
55 Foreign-owned assets in the United
States, net (increase/financial
inflow ( )) 829,173 245,695
56 Foreign official assets in the
United States, net 248,573 48,986
57 U.S. Government securities 194,568 39,845
58 U.S. Treasury securities (9) 169,685 30,277
59 Other (10) 24,883 9,568
60 Other U.S. Government
liabilities (11) -564 -437
61 U.S. liabilities reported by
U.S. banks, not included
elsewhere 49,420 8,325
62 Other foreign official
assets (12) 5,149 1,253
63 Other foreign assets in the
United States, net 580,600 196,709
64 Direct investment 39,890 32,113
65 U.S. Treasury securities 113,432 8,974
66 U.S. securities other than U.S.
Treasury securities 250,981 56,723
67 U.S. currency 16,640 4,927
68 U.S. liabilities to
unaffiliated foreigners
reported by US nonbanking
concerns 84,014 69,410
69 U.S. liabilities reported by
U.S. banks, not included
elsewhere 75,643 24,562
70 Statistical discrepancy (sum of
above items with sign reversed) -12,012 -15,919
70a Of which: Seasonal adjustment
discrepancy
Memoranda:
71 Balance on goods (lines 3 and 20) -547,552 -125,526
72 Balance on services (lines 4 and
21) 51,044 14,509
73 Balance on goads and services -496,508 -111,017
(lines 2 and 19)
74 Balance on income (lines 12 and 29) 33,279 5,021
75 Unilateral current transfers, net -67,439 -16,979
(line 35)
76 Balance on current account (hoes 1,
18, and 35 or lines 73, 74, and
75) (13) -530,668 -122,975
Not seasonally adjusted
Line 2003 2004
II III IV I (r)
1 319,352 327,829 354,990 358,940
2 249,271 253,788 273,044 274,808
3 177,552 172,740 191,170 193,902
4 71,719 81,048 81,874 80,906
5 3,014 3,292 3,358 3,290
6 14,518 19,220 17,169 16,103
7 3,440 4,561 4,238 4,183
8 7,777 8,215 8,489 8,653
9 11,779 11,914 13,248 12,136
10 30,989 33,643 35,169 36,357
11 202 203 203 184
12 70,081 74,041 81,946 84,132
13 69,351 73,272 81,155 83,373
14 43,984 47,452 54,798 56,066
15 24,218 24,498 25,074 26,433
16 1,149 1,322 1,283 874
17 730 769 791 759
18 -438,545 -455,104 -465,755 -469,523
19 -374,464 -387,701 -399,429 -398,564
20 -310,988 -319,254 -333,246 -332,718
21 -63,476 -68,447 -66,183 -65,846
22 -6,229 -6,339 -6,817 -6,824
23 -14,286 -16,868 -13,230 -13,206
24 -5,347 -6,163 -4,949 -5,033
25 -11,242 -11,668 -11,610 -12,378
26 -4,726 -5,180 -5,663 -5,072
27 -20,897 -21,476 -23,157 -22,549
28 -749 -753 -757 -784
29 -64,081 -67,403 -66,326 -70,959
30 -62,078 -65,265 -64,009 -68,841
31 -17,541 -19,452 -16,585 -20,423
32 -26,785 -27,844 -29,099 -29,361
33 -17,752 -17,969 -18,325 -19,057
34 -2,003 -2,138 -2,317 -2,118
35 -16,001 -16,674 -17,785 -20,920
36 -5,832 -5,447 -4,753 -7,744
37 -1,208 -1,155 -1,941 -1,392
38 -8,961 -10,072 -11,091 -11,784
39 -1,552 -821 -300 -396
40 -114,630 -10,447 -51,942 -310,328
41 -170 -611 2,221 557
42
43 -102 -97 -97 -100
44 86 -383 2,435 815
45 -154 -131 -117 -158
46 310 483 -309 727
47 -1,591 -1,532 -1,728 -561
48 1,975 2,035 1,526 1,374
49 -74 -20 -107 -86
50 -114,770 -10,319 -53,854 -311,612
51 -37,717 -47,515 -44,000 -51,207
52 8,429 -28,312 -25,835 -16,524
53 -22,480 35,845 -31,090 -56,761
54 -63,002 29,663 47,071 -187,120
55 220,419 135,414 227,645 445,125
56 65,245 50,663 83,679 127,864
57 45,958 27,293 81,472 114,708
58 42,668 23,953 72,787 101,692
59 3,290 3,340 8,685 13,016
60 -16 -41 -70 -140
61 18,552 22,019 524 11,854
62 751 1,392 1,753 1,442
63 155,174 84,751 143,966 317,261
64 1,322 -1,598 8,053 10,002
65 53,254 46,490 4,714 65,438
66 92,407 18,090 83,761 62,064
67 1,458 2,768 7,487 -1,800
68 -2,257 12,721 4,140 40,723
69 8,990 6,280 35,811 140,834
70 30,957 19,803 -46,853 -2,898
70a
71 -133,436 -146,514 -142,076 -138,816
72 8,243 12,601 15,691 15,060
73 -125,193 -133,913 -126,385 -123,756
74 6,000 6,638 15,620 13,173
75 -16,001 -16,674 -17,785 -20,920
76 -135,194 -143,949 -128,550 -131,503
Not
season-
ally
adjusted Seasonally adjusted
Line 2004 2003
II (p) I II III
1 374,040 315,676 317,367 329,508
2 285,479 247,999 248,474 255,723
3 202,808 173,459 174,554 178,251
4 82,671 74,540 73,920 77,472
5 3,739 2,827 3,014 3,292
6 19,199 15,862 14,360 16,216
7 4,518 3,825 3,522 4,036
8 9,428 7,683 7,709 7,893
9 12,344 11,628 11,943 12,175
10 33,256 32,513 33,170 33,657
11 187 202 202 203
12 88,561 67,677 68,893 73,785
13 87,818 66,936 68,163 73,016
14 58,402 40,748 42,704 47,229
15 28,878 25,345 24,218 24,498
16 538 843 1,241 1,289
17 743 741 730 769
18 -523,904 -437,067 -434,873 -444,497
19 -438,616 -373,385 -371,854 -377,973
20 -364,846 -311,402 -310,087 -312,886
21 -73,770 -61,983 -61,767 -65,087
22 -6,930 -5,732 -6,229 -6,339
23 -17,989 -14,312 -12,790 -14,409
24 -6,310 -5,007 -4,875 -5,512
25 -13,154 -10,796 -11,109 -11,312
26 -5,282 -4,629 4,912 -5,204
27 -23,303 -20,762 -21,103 -21,558
28 -802 -745 -749 -753
29 -85,288 -63,682 -63,019 -66,524
30 -83,151 -61,557 -60,899 -64,402
31 -28,769 -15,415 -16,362 -18,589
32 -33,877 -28,146 -26,785 -27,844
33 -20,505 -17,996 -17,752 -17,969
34 -2,137 -2,125 -2,120 -2,122
35 -17,696 -16,815 -16,369 -16,639
36 -5,051 -5,833 -5,832 -5,447
37 -1,167 -1,320 -1,335 -1,334
38 -11,478 -9,662 -9,202 -9,858
39 -321 -006 -1,552 -821
40 -124,162 -102,665 -110,962 -8,138
41 1,122 83 -170 -611
42
43 -90 897 -102 -97
44 1,345 -644 86 -383
45 -133 -170 -154 -131
46 -41 53 310 483
47 -598 -2,428 -1,591 -1,532
48 572 2,445 1,975 2,035
49 -15 36 -74 -20
50 -125,243 -102,801 -111,102 -8,010
51 -66,450 -40,837 -34,049 -45,206
52 -30,316 -26,619 8,429 -28,312
53 2,403 -11,207 -22,480 35,845
54 -30,880 -24,138 -63,002 29,663
55 267,035 246,105 218,553 134,202
56 73,877 48,986 65,245 50,663
57 65,794 39,845 45,958 27,293
58 63,027 30,277 42,668 23,953
59 2,767 9,568 3,290 3,340
60 -158 -437 -16 -41
61 6,237 8,325 18,552 22,019
62 2,004 1,253 751 1,392
63 193,158 197,119 153,308 83,539
64 34,491 32,523 -544 -2,810
65 35,560 8,974 53,254 46,490
66 88,617 56,723 92,407 18,090
67 8,754 4,927 1,458 2,768
68 -5,191 69,410 -2,257 12,721
69 30,927 24,562 8,990 6,280
70 250,081 -4,828 27,836 6,385
70a 11,091 -3,121 -13,418
71 -162,038 -137,943 -135,533 -134,635
72 8,901 12,557 12,153 12,385
73 -153,137 -125,386 -123,380 -122,250
74 3,273 3,995 5,874 7,261
75 -17,696 -16,815 -16,369 -16,639
76 -167,560 -138,206 -133,875 -131,628
Seasonally adjusted
Line 2004
IV I (r) II (p)
1 352,336 359,604 371,177
2 268,306 276,076 284,294
3 186,858 193,920 199,315
4 81,448 82,156 84,979
5 3,358 3,290 3,739
6 18,071 17,878 18,932
7 4,310 4,527 4,690
8 85,481 9,060 9,374
9 12,481 12,472 12,508
10 34,477 34,745 35,549
11 203 184 187
12 84,030 83,528 86,883
13 83,239 82,769 86,140
14 56,843 55,553 56,642
15 25,074 26,433 28,878
16 1,322 783 620
17 791 759 743
18 -461,679 -486,042 -518,820
19 -393,800 -414,678 -434,580
20 -326,299 -344,688 -362,895
21 -67,501 -69,990 -71,685
22 -6,817 -6,824 -6,930
23 -15,102 -15,508 -16,170
24 -5,563 -5,574 -5,811
25 -11,551 -13,051 -12,965
26 -5,304 -5,223 -5,497
27 -22,407 -23,026 -23,510
28 -757 -784 -802
29 -67,879 -71,364 -84,240
30 -65,713 -69,205 -81,964
31 -18,289 -20,787 -27,582
32 -29,099 -29,361 -33,877
33 -18,325 -19,057 -20,505
34 -2,166 -2,159 -2,276
35 -17,617 -20,726 -18,534
36 -4,753 -7,744 -5,051
37 -1,352 -1,554 -1,564
38 -11,512 -11,428 -11,919
39 -300 -396 -321
40 -61,647 -306,729 -118,455
41 2,221 557 1,122
42
43 -97 -100 -90
44 2,435 815 1,345
45 -117 -158 -133
46 -309 727 -41
47 -1,728 -561 -598
48 1,526 1,374 572
49 -107 -86 -15
50 -63,559 -308,013 -119,536
51 -53,705 -47,608 -60,743
52 -25,835 -16,524 -30,316
53 -31,090 -56,761 2,403
54 47,071 -187,120 -30,880
55 230,311 445,348 265,246
56 83,679 127,864 73,877
57 81,472 114,708 65,794
58 72,787 101,692 63,027
59 8,685 13,016 2,767
60 -70 -140 -158
61 524 11,854 6,237
62 1,753 1,442 2,004
63 146,632 317,484 191,369
64 10,719 10,225 32,702
65 4,714 65,438 35,560
66 83,761 62,064 88,617
67 7,487 -1,800 8,754
68 4,140 40,723 -5,191
69 35,811 140,834 30,927
70 -41,404 8,941 19,707
70a 5,449 11,839 -5,301
71 -139,441 -150,768 -163,580
72 13,947 12,166 13,294
73 -125,494 -138,602 -150,286
74 16,151 12,164 2,643
75 -17,617 -20,726 -18,534
76 -126,960 -147,164 -166,177
(p) Preliminary.
(r) Revised.
See footnotes on page D-67.
Source: Table 1 in "U.S. International Transactions, Second Quarter
2004" in the October 2004 issue of the SURVEY OF CURRENT BUSINESS.
Table F.3. U.S. International Transactions, by Area
[Millions of dollars]
Europe
2003
Line (Credits ; debits -) (1) IV
Current account
1 Exports of goods and services and income receipts 113,324
2 Exports of goods and services 77,334
3 Goods, balance of payments basis (2) 44,626
4 Services (3) 32,708
5 Transfers under U.S. military agency sales
contracts (4) 1,027
6 Travel 6,077
7 Passenger fares 1,549
8 Other transportation 2,772
9 Royalties and license fees (5) 6,411
10 Other private services (5) 14,828
11 U.S. Government miscellaneous services 44
12 Income receipts 35,990
13 Income receipts on U.S.-owned assets abroad 35,893
14 Direct investment receipts 23,429
15 Other private receipts 12,226
16 U.S. Government receipts 238
17 Compensation of employees 97
16 Imports of goods and services and income payments -137,624
19 Imports of goods and services -104,436
20 Goods, balance of payment basis (2) -75,697
21 Services (3) -28,739
22 Direct defense expenditures -3,009
23 Travel -4,155
24 Passenger fares -2,350
25 Other transportation -4,354
26 Royalties and license fees (5) -3,202
27 Other private services (5) -11,360
28 U.S. Government miscellaneous services -309
29 Income payments -33,188
30 Income payments on foreign-owned assets in the
United States -33,063
31 Direct investment payments -10,518
32 Other private payments -17,446
33 U.S. Government payments -5,099
34 Compensation of employees -125
35 Unilateral current transfers, net -935
36 U.S. Government grants (4) -549
37 U.S. Government pensions and other transfers -469
38 Private remittances and other transfers (6) 83
Capital and financial account
Capital account
39 Capital account transactions, net -125
Financial account
40 U.S.-owned assets abroad, net (increase/financial
outflow (-)) 7,665
41 U.S. official reserve assets, net -117
42 Gold (7)
43 Special drawing rights
44 Reserve position in the International Monetary
Fund
45 Foreign currencies -117
46 U.S. Government assets, other than official reserve
assets, net 148
47 U.S. credits and other long-term assets -45
48 Repayments on U.S. credits and other long-term
assets (8) 250
49 U.S. foreign currency holdings and U.S.
short-term assets, net -57
50 U.S. private assets, net 7,634
51 Direct investment -31,451
52 Foreign securities 9,338
53 U.S. claims on unaffiliated foreigners reported
by U.S. nonbanking concerns -7,647
54 U.S. claims reported by U.S. banks, not included
elsewhere 37,394
55 Foreign-owned assets in the United States, net
(increase/financial inflow ( )) 37,336
56 Foreign official assets in the United States, net -7,144
57 U.S. Government securities (17)
58 U.S. Treasury securities (9) (17)
59 Other (10) (17)
60 Other U.S. Government liabilities (11) -348
61 U.S. liabilities reported by U.S. banks, not
included elsewhere (17)
62 Other foreign official assets (12) (17)
63 Other foreign assets in the United States, net 44,480
64 Direct investment -5,602
65 U.S. Treasury securities -6,121
66 U.S. securities other than U.S. Treasury
securities 40,080
67 U.S. currency
68 U.S. liabilities to unaffiliated foreigners
reported by U.S. nonbanking concerns 4,256
69 U.S. liabilities reported by U.S. banks, not
included elsewhere 11,867
70 Statistical discrepancy (sum of above items with sign
reversed) -19,641
Memoranda:
71 Balance on goods (lines 3 and 20) -31,071
72 Balance on services (lines 4 and 21) 3,969
73 Balance on goods and services (lines 2 and 19) -27,102
74 Balance on income (lines 12 and 29) 2,802
75 Unilateral current transfers, net (line 35) -935
76 Balance on current account (lines 1, 18, and 35 or
lines 73, 74, and 75) (13) -25,235
Europe European Union (14)
2004 2003 2004
Line I (r) II (p) IV I (r) II (p)
1 114,985 120,613 98,095 98,826 105,432
2 77,251 80,898 67,250 67,198 71,167
3 46,358 47,807 38,916 40,830 42,229
4 30,893 33,091 28,334 26,368 28,938
5 1,066 984 814 790 717
6 5,158 6,787 5,336 4,510 6,131
7 1,374 1,720 1,470 1,307 1,638
8 2,882 3,258 2,393 2,489 2,850
9 5,850 5,942 5,468 4,949 5,078
10 14,526 14,361 12,821 12,299 12,496
11 37 39 32 24 28
12 37,734 39,715 30,845 31,628 34,265
13 37,638 39,617 30,774 31,559 34,187
14 24,299 25,166 19,541 19,671 21,109
15 12,953 14,249 11,027 11,679 12,933
16 386 202 206 209 145
17 96 98 71 69 78
16 -137,722 -159,790 -119,954 -118,021 -139,524
19 -102,423 -115,567 -90,317 -87,962 -100,251
20 -74,766 -81,344 -65,880 -64,341 -70,658
21 -27,657 -34,223 -24,437 -23,621 -29,593
22 -2,963 -2,972 -2,609 -2,611 -2,632
23 -3,868 -7,809 -3,668 -3,461 -6,759
24 -2,303 -3,773 -2,152 -2,126 -3,526
25 -4,573 -5,079 -3,573 -3,775 -4,447
26 -2,676 -2,886 -2,510 -2,009 -2,213
27 -10,957 -11,388 -9,675 -9,381 -9,758
28 -317 -316 -250 -258 -258
29 -35,299 -44,223 -29,637 -30,059 -39,273
30 -35,173 -44,117 -29,550 -29,971 -39,188
31 -12,744 -18,715 -9,494 -10,183 -16,494
32 -17,407 -20,154 -15,956 -15,800 -18,404
33 -5,022 -5,248 -4,100 -3,988 -4,290
34 -126 -106 -87 -88 -85
35 -733 -815 -381 -66 -179
36 -612 -650 -50 -55
37 -435 -422 -352 -357 -363
38 314 257 -29 341 239
39 -144 -140 -50 -60 -71
40 -208,240 -79,185 -215 -172,034 -81,597
41 -158 -132 -77 -118 -91
42
43
44
45 -158 -132 -77 -118 -91
46 648 78 89 328 18
47 -25 -23
48 685 116 109 335 33
49 -12 -15 -20 -7 -15
50 -208,730 -79,131 -227 -172,244 -81,524
51 -22,086 -38,300 -25,224 -19,638 -36,032
52 -17,101 -29,244 7,084 -17,502 -28,756
53 -45,181 7,844 -8,072 -45,296 10,502
54 -124,362 -19,431 25,985 -89,808 -27,238
55 189,622 67,463 26,907 155,563 33,164
56 4,549 23,489 (18) (18) (18)
57 (17) (17) (18) (18) (18)
58 (17) (17) (18) (18) (18)
59 (17) (17) (18) (18) (18)
60 -80 104 -429 -331 -291
61 (17) (17) (18) (18) (18)
62 (17) (17) (18) (18) (18)
63 185,073 43,974 (18) (18) (18)
64 153 8,150 6,443 -3,768 6,627
65 45,944 -557 (18) (18) (18)
66 13,310 35,989 33,709 8,867 32,361
67
68 35,489 -16,375 2,605 37,221 -23,521
69 90,177 16,767 (18) -15,421 (18) 113,574 (18) 17,988
70 42,232 51,854 -4,402 35,792 82,775
71 -28,408 -33,537 -26,964 -23,511 -28,429
72 3236 -1132 3897 -2,747 -655
73 -25,172 -34,669 -23,067 -20,764 -29,084
74 2,435 -4,508 1,208 1,569 -5,008
75 -733 -815 -381 -66 -179
76 -23,470 -39,992 -22,240 -19,261 -34,271
United Kingdom Canada
2003 2004 2003 2004
Line IV I (r) II (p) IV I (r)
1 26,725 27,393 29,732 57,789 59,564
2 17,810 17,823 18,781 50,916 52,775
3 8,170 8,898 8,811 44,071 45,016
4 9,640 8,925 9,970 6,845 7,759
5 94 92 113 48 60
6 2,418 1,989 2,782 1,547 2,288
7 752 653 830 512 713
8 630 626 708 669 679
9 1,138 983 994 936 868
10 4,604 4,578 4,536 3,112 3,131
11 4 4 7 21 20
12 8,915 9,570 10,951 6,873 6,789
13 8,892 9,547 10,928 6,847 6,761
14 3,876 4,161 4,872 5,085 5,040
15 4,936 5,386 6,056 1,762 1,721
16 80
17 23 23 23 26 28
16 -35,646 -34,637 -40,539 -65,368 -68,073
19 -19,521 -18,866 -21,359 -62,376 -65,093
20 -11,397 -10,889 -11,963 -57,829 -60,998
21 -8,124 -7,977 -9,396 -4,547 -409
22 -222 -282 -280 -33 -26
23 -1,274 -1,213 -1,845 -1,168 -1,040
24 -899 -859 -1,474 -112 -75
25 -853 -855 -932 -909 -993
26 -464 -407 -459 -239 -192
27 -4,394 -4,343 -4,387 -2,041 -1,722
28 -18 -18 -19 -45 -47
29 -16,125 -15,771 -19,180 -2,992 -2,980
30 -16,104 -15,750 -19,161 -2,898 -2,884
31 -5,289 -4,976 -6,493 -1,333 -1,264
32 -9,949 -9,764 -11,424 -1,233 -1,255
33 -866 -1,010 -1,244 -332 -365
34 -21 -21 -19 -94 -96
35 236 447 363 -52 -128
36
37 -61 -62 -59 -139 -141
38 297 509 422 87 13
39 -8 -9 -8 25 19
40 3,431 -101,487 -46,031 -1,049 -7,194
41
42
43
44
45
46 58 -4 -7
47
48 68
49 -10 -4 -7
50 3,373 -101,483 -46,024 -1,049 -7,194
51 -7,110 -260 -17,836 1,608 -5,747
52 1,384 -14,089 -27,047 -1,168 1,385
53 -8,807 -31,853 11,066 -971 -1,801
54 17,906 -55,281 -12,207 -518 -1,031
55 6,398 141,464 8,211 14,265 11,182
56 (18) (18) (18) -365 892
57 (18) (18) (18) (17) (17)
58 (18) (18) (18) (17) (17)
59 (18) (18) (18) (17) (17)
60 -12 -91 -109 4 -31
61 (18) (18) (18) (17) (17)
62 (18) (18) (18) (17) (17)
63 (18) (18) (18) 14,630 10,290
64 -4,898 48 -1,707 6,495 -726
65 (18) (18) (18) (17) (17)
66 25,260 -9,281 23,849 9,061 6,220
67
68 -8,097 35,995 -19,302 (17) (17)
69 (18) -5,855 (18) 96,231 (18) 5,480 -96 -4,148
70 -1,136 -33,171 48,272 -5,610 4,630
71 -3,227 -1,991 -3,152 -13,758 -15,982
72 1,516 948 574 2,298 3,664
73 -1,711 -1,043 -2,578 -11,460 -12,318
74 -7,210 -6,201 -8,229 3,881 3,809
75 236 447 363 -52 -128
76 -8,685 -6,797 -10,444 -7,631 -8,637
Latin America and Other
Canada Western Hemisphere Mexico (15)
2004 2003 2004 2003 2004
Line II (p) IV I (r) II (p) IV I (r)
1 64,166 69,910 68,161 72,207 32,630
2 56,469 55,126 53,793 57,145 30,071
3 48,787 40,258 40,531 42,606 25,849
4 7,682 14,868 13,262 14,539 4,222
5 30 99 114 118 1
6 2,300 4,729 3,820 4,962 1,470
7 687 1,134 1,046 1,261 324
8 756 958 959 1,045 233
9 863 1,122 860 913 273
10 3,024 6,782 6,418 6,197 1,916
11 22 44 45 43 5
12 7,697 14,784 14,368 15,062 2,559
13 7,671 14,733 14,316 15,010 2,552
14 5,735 8,873 8,412 8,486 2,072
15 1,936 5,748 5,860 6,447 476
16 112 44 77 4
17 26 51 52 52 7
16 -75,269 -78,882 -81,576 -89,702 -42,047
19 -71,654 -69,757 -71,353 -77,703 -39,960
20 -66,377 -57,106 -58,128 -63,513 -36,636
21 -5,277 -12,651 -13,225 -14,190 -3,324
22 -25 -72 -56 -93 -4
23 -1,770 -4,468 -4,754 -5,626 -2,263
24 -127 -685 -649 -788 -212
25 -1,053 -903 -1,069 -1,102 -242
26 -217 -303 -287 -366 -23
27 -2,013 -6,084 -6,268 -6,077 -525
28 -72 -136 -142 -138 -55
29 -3,615 -9,125 -10,223 -11,999 -2,087
30 -3,526 -7,297 -8,597 -10,240 -504
31 -1,754 569 -601 -909 -29
32 -1,368 -6,055 -6,196 -7,203 -188
33 -404 -1,811 -1,800 -2,128 -287
34 -89 -1,828 -1,626 -1,759 -1,583
35 -95 -6,960 -7,337 -7,531 -1,825
36 -526 -521 -532 -8
37 -160 -258 -221 -197
38 65 -6,176 -6,595 -6,802 -1,817
39 26 -4 -15 -11 -4
40 -18,328 -2,533 -62,127 -25,401 991
41
42
43
44
45
46 84 99 48 8
47 -61 -36 -29 -2
48 177 147 77 10
49 -32 12
50 -18,328 -2,617 -62,226 -25,449 983
51 -4,750 -1,520 -9,623 -5,902 -2,669
52 -12,582 2,021 6,968 1,801 2,790
53 653 -19,382 -7,634 -9,393 148
54 -1,649 16,264 -51,937 -11,955 714
55 15,258 52,530 96,987 90,755 4,180
56 -113 437 4,448 8,026 (18)
57 (17) (17) (17) (17) (18)
58 (17) (17) (17) (17) (18)
59 (17) (17) (17) (17) (18)
60 24 20 44 301 -1
61 (17) (17) (17) (17) (18)
62 (17) (17) (17) (17) (18)
63 15,371 52,093 92,539 82,729 (18)
64 17,083 -1,198 3,144 1,969 418
65 (17) (17) (17) (17) (18)
66 -1,911 21,756 23,495 11,544 750
67
68 (17) (17) (17) (17) 111
69 2,257 26,102 54,180 24,845 (18) 2,902
70 14,242 -34,061 -14,093 -40,317 6,075
71 -17,590 -16,848 -17,597 -20,907 -10,787
72 2,405 2,217 37 349 898
73 -15,185 -14,631 -17,560 -20,558 -9,889
74 4,082 5,659 4,145 3,063 472
75 -95 -6,960 -7,337 -7,531 -1,825
76 -11,198 -15,932 -20,752 -25,026 -11,242
Mexico (15) Japan
2004 2003 2004
Line II (p) IV I (r) II (p)
1 34,866 25,538 25,641 25,600
2 32,031 21,209 21,036 20,945
3 27,539 12,925 12,708 13,329
4 4,492 8,284 8,328 7,616
5 4 99 111 118
6 1,569 2,220 2,171 1,664
7 324 701 706 558
8 253 848 884 992
9 297 1,804 1,714 1,738
10 2,040 2,586 2,726 2,530
11 5 26 16 16
12 2,835 4,329 4,605 4,655
13 2,828 4,311 4,587 4,637
14 2,309 2,778 2,824 2,790
15 515 1,532 1,763 1,847
16 4 1
17 7 18 18 18
16 -45,168 -46,011 -46,663 -49,817
19 -42,896 -36,404 -36,385 -37,449
20 -39,742 -31,215 -31,141 -32,029
21 -3,154 -5,189 -5,244 -5,420
22 -5 -430 -453 -450
23 -2,040 -604 -542 -670
24 -205 -262 -275 -254
25 -243 -1,271 -1,320 -1,437
26 -32 -1,532 -1,580 -1,473
27 -577 -1,041 -1,024 -1,086
28 -52 -49 -50 -50
29 -2,272 -9,607 -10,278 -12,368
30 -549 -9,579 -10,250 -12,349
31 14 -2,660 -2,634 -3,849
32 -229 -1,516 -1,555 -1,869
33 -334 -5,403 -6,061 -6,631
34 -1,723 -28 -28 -19
35 -1,929 -4 -105 -10
36 -7
37 -37 -37 -27
38 -1,922 33 -68 17
39 -4 6 6 6
40 1,003 -25,465 -5,234 -15,404
41 -1
42
43
44
45 -1
46 9 -10
47 -2
48 11
49 -10
50 994 -25,455 -5,234 -15,403
51 -2,256 -1,272 560 -4,273
52 2,210 -20,154 -13,441 2,723
53 -6 -679 792 -642
54 1,046 -3,350 6,855 -13,211
55 8,453 54,479 105,026 61,760
56 (18) (18) (18) (18)
57 (18) (18) (18) (18)
58 (18) (18) (18) (18)
59 (18) (18) (18) (18)
60 -4 -161 -103 -86
61 (18) (18) (18) (18)
62 (18) (18) (18) (18)
63 (18) (18) (18) (18)
64 231 3,187 2,739 4,553
65 (18) (18) (18) (18)
66 615 4,636 4,643 21,494
67
68 19 -44 1,257 -547
69 (18) 7,592 (18) 46,861 (18) 96,490 (18) 36,346
70 2,779 -8,543 -78,671 -22,135
71 -12,203 -18,290 -18,433 -18,700
72 1,338 3,095 3,084 2,196
73 -10,865 -15,195 -15,349 -16,504
74 563 -5,278 -5,673 -7,713
75 -1,929 -4 -105 -10
76 -12,231 -20,477 -21,127 -24,227
Other countries in Asia
Australia and Africa
2003 2004 2003 2004
Line IV I (r) II (p) IV I (r)
1 6,507 6,485 6,893 72,028 74,056
2 4,775 4,728 4,968 62,143 63,704
3 3,208 3,134 3,327 46,082 46,155
4 1,567 1,594 1,641 16,061 17,549
5 35 53 35 2,050 1,886
6 400 435 483 2,196 2,231
7 89 97 91 253 247
8 86 82 93 2,978 2,975
9 271 234 258 2,012 1,973
10 684 691 678 6,506 8,173
11 2 2 3 66 64
12 1,732 1,757 1,925 9,885 10,352
13 1,725 1,750 1,918 9,782 10,247
14 1,277 1,265 1,397 7,737 8,554
15 448 485 521 1,210 1,349
16 835 344
17 7 7 7 103 105
16 -2,915 -3,392 -3,513 -130,622 -127,459
19 -2,587 -2,616 -2,702 -122,970 -119,565
20 -1,684 -1,669 -1,751 -109,715 -106,016
21 -903 -947 -951 -13,255 -13,549
22 -44 -47 -45 -3,229 -3,279
23 -256 -295 -323 -2,579 -2,707
24 -166 -199 -170 -1,374 -1,532
25 -51 -62 -62 -3,520 -3,502
26 -37 -32 -19 -83 -64
27 -340 -295 -315 -2,262 -2,255
28 -9 -17 -17 -208 -210
29 -328 -776 -811 -7,652 -7,894
30 -324 -772 -808 -7,414 -7,656
31 81 -359 -372 -144 -210
32 -279 -286 -331 -1,747 -1,793
33 -126 -127 -105 -5,523 -5,653
34 -4 -4 -3 -238 -238
35 -21 -52 -57 -7,350 -10,706
36 -3,369 -6,526
37 -15 -15 -16 -139 -140
38 -6 -37 -41 -3,842 -4,040
39 -7 -7 -7 -195 -255
40 -7,304 -4,858 4,225 -20,735 -16,109
41
42
43
44
45
46 -1 -285 227
47 -1,377 -253
48 1,099 542
49 -1 -7 -62
50 -7,303 -4,858 4,225 -20,450 -16,336
51 -1,115 -828 -294 -4,631 -7,811
52 -2,948 -206 -1,259 -12,452 5,965
53 -3,079 -2,266 3,977 666 -670
54 -161 -1,558 1,801 -4,033 -13,820
55 9,632 -3,465 1,230 54,191 44,775
56 (18) (18) (18) (18) (18)
57 (18) (18) (18) (18) (18)
58 (18) (18) (18) (18) (18)
59 (18) (18) (18) (18) (18)
60 2 -16 42 398 44
61 (18) (18) (18) (18) (18)
62 (18) (18) (18) (18) (18)
63 (18) (18) (18) (18) (18)
64 2,716 197 816 -125 1,884
65 (18) (18) (18) (18) (18)
66 1,036 1,101 600 7,064 13,009
67
68 846 -478 -362 -404 2,156
69 (18) 5,032 (18) -4,269 (18) 134 (18) 47,258 (18) 27,682
70 -5,892 5,289 -8,771 32,683 35,698
71 1,524 1,465 1,576 -63,633 -59,861
72 664 647 690 2,806 4,000
73 2,188 2,112 2,266 -60,827 -55,861
74 1,404 981 1,114 2,233 2,458
75 -21 -52 -57 -7,350 -10,706
76 3,571 3,041 33,231 -65,944 -64,109
Other
countries
in Asia International organizations and
and Africa unallocated (16)
2004 2003 2004
Line II (p) IV I (r) II (p)
1 74,137 9,894 10,048 10,424
2 63,338 1,541 1,521 1,716
3 46,952
4 16,386 1,541 1,521 1,716
5 2,454
6 3,003
7 201
8 2,982 178 192 302
9 1,981 692 637 649
10 5,701 671 692 765
11 64
12 10,799 8,353 8,527 8,708
13 10,695 7,864 8,074 8,270
14 9,127 5,619 5,672 5,701
15 1,399 2,148 2,302 2,479
16 169 97 100 90
17 104 489 453 438
16 -140,849 933 -4,638 -4,964
19 -132,163 -899 -1,129 -1,378
20 -119,832
21 -12,331 -899 -1,129 -1,378
22 -3,345
23 -1,791
24 -1,198
25 -3,326 -602 -859 -1,095
26 -68 -267 -241 -253
27 -2,395 -29 -28 -29
28 -208 -1 -1 -1
29 -8,686 -3,434 -3,509 -3,586
30 -8,525 -3,434 -3,509 -3,586
31 -528 -2,580 -2,611 -2,642
32 -2,038 -823 -869 -914
33 -5,959 -31 -29 -30
34 -161
35 -7,331 -2,463 -1,859 -1,857
36 -3,649 -309 -85 -220
37 -142 -884 -403 -203
38 -3,540 -1,270 -1,371 -1,434
39 -195
40 11,602 -2,521 -6,566 -1,671
41 2,338 715 1,255
42
43 -97 -100 -90
44 2,435 815 1,345
45
46 79 -245 -247 -246
47 -300 -245 -247 -246
48 379
49
50 11,523 -4,614 -7,034 -2,680
51 -7,230 -5,619 -5,672 -5,701
52 8,356 -472 -94 -111
53 -36 2 -1
54 10,433 1,475 -1,267 3,132
55 21,220 5,212 998 9,349
56 (18) 15 2 2
57 (18)
58 (18)
59 (18)
60 -545 15 2 2
61 (18)
62 (18)
63 (18) 5,197 996 9,347
64 -722 2,580 2,611 2,642
65 (18) (18) (18) (18)
66 20,361 128 286 540
67 7,487 -1,800 8,754
68 -265
69 (18) 2,391 (18) -4,998 (18) -101 (18) -2,589
70 41,416 -5,789 2,017 -11,281
71 -72,880
72 4,055 642 392 338
73 -68,825 642 392 338
74 2,113 4,919 5,018 5,122
75 -7,331 -2,463 -1,859 -1,857
76 -74,043 3,098 3,551 3,603
(p) Preliminary.
(r) Revised.
Footnotes to Tables F2 and F3:
(1.) Credits, : Exports of goods and services and income receipts;
unilateral current transfers to the United States; capital account
transactions receipts; financial inflows--increase in foreign-owned
assets (U.S. liabilities) or decrease in U.S.-owned assets (U.S.
claims).
Debits, -: Imports of goods and services and income payments;
unilateral current transfers to foreigners; capital accounts
transactions payments; financial outflows--decrease in foreign-owned
assets (U.S. liabilities) or increase in U.S.-owned assets (U.S.
claims).
(2.) Excludes exports of goods under U.S. military agency sales
contracts identified in Census export documents, excludes imports of
goods under direct defense expenditures identified in Census import
documents, and reflects various other adjustments (for valuation,
coverage, and timing) of Census statistics to balance of payments
basis; see table 2 in "U.S. International Transactions, Second Quarter
2004" in the October 2004 issue of the SURVEY OF CURRENT BUSINESS.
(3.) Includes some goods: Mainly military equipment in line 5; major
equipment, other materials, supplies, and petroleum products purchased
abroad by U.S. military agencies in line 22; and fuels purchased by
airline and steamship operators in lines 8 and 25.
(4.) Includes transfers of goods and services under U.S. military grant
programs.
(5.) Beginning in 1982, these lines are presented on a gross basis. The
definition of exports is revised to exclude U.S. parents' payments to
foreign affiliates and to include U.S. affiliates' receipts from
foreign parents. The definition of imports is revised to include U.S.
parents' payments to foreign affiliates and to exclude U.S. affiliates'
receipts from foreign parents.
(6.) Beginning in 1982, the "other transfers" component includes taxes
paid by U.S. private residents to foreign governments and taxes paid by
private nonresidents to the U.S. Government.
(7.) At the present time, all U.S. Treasury-owned gold is held in the
United States.
(8.) Includes sales of foreign obligations to foreigners.
(9.) Consists of bills, certificates, marketable bonds and notes, and
nonmarketable convertible and nonconvertible bonds and notes.
(10.) Consists of U.S. Treasury and Export-Import Bank obligations, not
included elsewhere, and of debt securities of U.S. Government
corporations and agencies.
(11.) Includes, primarily, U.S. Government liabilities associated with
military agency sales contracts and other transactions arranged with or
through foreign official agencies; see table 4 in "U.S. International
Transactions, Second Quarter 2004" in the October 2004 issue of the
SURVEY.
(12.) Consists of investments in U.S. corporate stocks and in debt
securities of private corporations and State and local governments.
(13.) Conceptually, the sum of line 76 and line 39 is equal to "net
lending or net borrowing" in the national income and product accounts
(NIPAs). However, the foreign transactions account in the NIPAs (a)
includes adjustments to the international transactions accounts for the
treatment of gold, (b) includes adjustments for the different
geographical treatment of transactions with U.S. territories and Puerto
Rico, and (c) includes services furnished without payment by financial
pension plans except life insurance carriers and private noninsured
pension plans. A reconciliation of the balance on goods and services
from the international accounts and the NIPA net exports appears in
reconciliation table 2 in appendix A in the August 2004 issue of the
SURVEY. A reconciliation of the other foreign transactions in the two
sets of accounts appears in table 4.313 of the full set of NIPA tables.
Additional footnotes to Table F.3:
(14.) The "European Union" includes Belgium, Denmark, France, Germany
(includes the former German Democratic Republic (East Germany)
beginning in the fourth quarter of 1990), Greece, Ireland, Italy,
Luxembourg, Netherlands, Portugal, Spain, United Kingdom; beginning
with the first quarter of 1995, also includes Austria, Finland, and
Sweden; and beginning with the second quarter of 2004, also includes
Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta,
Poland, Slovakia, and Slovenia. The "European Union" also includes the
European Atomic Energy Community, the European Coal and Steel Community
(through the third quarter of 2002), and the European Investment Bank.
(15.) Quarterly estimates for Mexico are available, beginning with
2004.
(16.) Includes, as part of international and unallocated. taxes
withheld; current-cost adjustments associated with U.S. and foreign
direct investment; and net U.S. currency flows. Before 1999, also
includes the estimated direct investment in foreign affiliates
engaged in international shipping, in operating oil and gas drilling
equipment internationally, and in petroleum trading. Before 1996, also
includes small transactions in business services that are not reported
by country.
(17.) Details are not shown separately; see totals in lines 56 and 63.
(18.) Details not shown separately are included in line 69.
Source: Table 11 in "U.S. International Transactions, Second Quarter
2004" in the October 2004 issue of the SURVEY OF CURRENT BUSINESS.
F.4. Private Services Transactions
[Millions of dollars]
Line
1 Exports of private services
2 Travel (table F.2, line 6)
3 Passenger fares (table F.2, line 7)
4 Other transportation (table F.2, line 8)
5 Freight
6 Port services
7 Royalties and license fees (table F.2, line 9)
8 Affiliated
9 U.S.parents' receipts
10 U.S.affiliates' receipts
11 Unaffiliated
12 Industrial processes (1)
13 Other (2)
14 Other private services (table F.2, line 10)
15 Affiliated services
16 U.S. parents' receipts
17 U.S.affiliates' receipts
18 Unaffiliated services
19 Education
20 Financial services
21 Insurance services
22 Telecommunications
23 Business, professional, and techncal services
24 Other unaffiliated services (3)
25 Imports of private services
26 Travel (table F.2, line 23)
27 Passenger fares (table F.2, line 24)
28 Other transportation (table F.2, line 25)
29 Freight
30 Port services
31 Royalties and license fees (table F.2, line 26)
32 Affiliated
33 U.S. parents' payments
34 U.S. affiliates' payments
35 Unaffiliated
36 Industrial processes (1)
37 Other (2)
38 Other private services (table F.2, line 27)
39 Affiliated services
40 U.S. parents' payments
41 U.S. affiliates' payments
42 Unaffiliated services
43 Education
44 Financial services
45 Insurance services
46 Telecommunications
47 Business, professional, and technical services
48 Other unaffiliated services (3)
Supplemental detail on insurance transactions:
49 Premiums receiveed (4)
50 Actual losses paid
51 Premiums paid (4)
52 Actual losses recovered
Memoranda:
53 Balance on goods (table F.2, line 71)
54 Balance on private services (line 1 minus line 25)
55 Balance on goods and private services (lines 53 and 54)
Not seasonally adjusted
Line 2003 2003
I II III IV
1 294,080 69,711 68,503 77,553 78,313
2 64,509 13,602 14,518 19,220 17,169
3 15,693 3,454 3,440 4,561 4,238
4 31,833 7,352 7,777 8,215 8,489
5 14,099 3,261 3,611 3,454 3,773
6 17,734 4,091 4,166 4,761 4,716
7 48,227 11,286 11,779 11,914 13,248
8 35,924 8,278 8,721 8,813 10,112
9 32,500 7,540 8,007 7,923 9,030
10 3,424 738 714 890 1,082
11 12,303 3,008 3,058 3,101 3,136
12 4,775 1,120 1,179 1,225 1,251
13 7,528 1,887 1,879 1,877 1,885
14 133,818 34,017 30,989 33,643 35,169
15 48,450 11,084 11,547 11,797 14,022
16 27,674 6,368 6,743 6,634 7,929
17 20,776 4,716 4,804 5,163 6,093
18 85,368 22,933 19,442 21,846 21,147
19 13,399 5,464 1,669 3,672 2,595
20 17,637 4,282 4,289 4,450 4,616
21 4,877 1,194 1,210 1,224 1,249
22 5,477 1,328 1,354 1,382 1,414
23 29,084 7,059 7,269 7,316 7,440
24 14,894 3,606 3,651 3,803 3,834
25 228,216 51,754 56,498 61,355 58,609
26 56,613 12,229 14,286 16,868 13,230
27 20,957 4,498 5,347 6,163 4,949
28 44,768 10,248 11,242 11,668 11,610
29 31,775 6,971 8,112 8,384 8,307
30 12,995 3,277 3,130 3,284 3,303
31 20,049 4,480 4,726 5,180 5,663
32 16,407 3,592 3,825 4,263 4,727
33 2,658 637 651 669 701
34 13,749 2,955 3,174 3,594 4,026
35 3,642 888 901 917 936
36 2,188 535 543 551 560
37 1,453 354 358 366 376
38 85,829 20,299 20,897 21,476 23,157
39 35,497 8,460 8,538 8,423 10,076
40 18,606 4,086 4,517 4,649 5,354
41 16,891 4,374 4,021 3,774 4,722
42 50,332 11,839 12,359 13,053 13,081
43 2,696 516 676 887 618
44 4,236 1,029 997 1,103 1,107
45 26,702 6,307 6,569 6,807 7,021
46 4,799 1,183 1,196 1,207 1,214
47 10,960 2,585 2,691 2,810 2,875
48 938 220 231 240 247
49 13,139 3,247 3,259 3,286 3,347
50 8,548 2,083 2,120 2,157 2,188
51 57,561 13,511 14,149 14,714 15,187
52 34,787 8,538 8,655 8,751 8,843
53 -547,552 -125,526 -133,436 -146,514 -142,076
54 65,864 17,957 12,005 16,198 19,704
55 -481,688 -107,569 -121,431 -130,316 -122,372
Seasonally adjusted
Line 2004 2003
I (r) II (p) I II III
1 77,432 78,745 71,511 70,704 73,977
2 16,103 19,199 15,862 14,360 16,216
3 4,183 4,518 3,825 3,522 4,036
4 8,653 9,428 7,683 7,709 7,893
5 3,940 4,055 3,324 3,587 3,465
6 4,713 5,373 4,359 4,122 4,428
7 12,136 12,344 11,628 11,943 12,175
8 8,979 9,165 8,620 8,885 9,074
9 8,378 8,448 7,777 8,041 8,167
10 601 717 843 844 907
11 3,157 3,179 3,008 3,058 3,101
12 1,255 1,254 1,120 1,179 1,225
13 1,901 1,925 1,887 1,879 1,877
14 36,357 33,256 32,513 33,170 33,657
15 11,644 12,098 11,691 12,031 12,154
16 6,806 6,919 6,644 6,847 6,890
17 4,838 5,179 5,047 5,184 5,264
18 24,713 21,158 20,822 21,139 21,503
19 5,798 1,752 3,286 3,331 3,390
20 4,828 4,877 4,282 4,289 4,450
21 1,267 1,302 1,194 1,210 1,224
22 1,433 1,455 1,328 1,354 1,382
23 7,638 7,849 7,059 7,269 7,316
24 3,748 3,923 3,672 3,686 3,742
25 58,238 66,038 55,506 54,789 57,995
26 13,206 17,989 14,312 12,790 14,409
27 5,033 6,310 5,007 4,875 5,512
28 12,378 13,154 10,796 11,109 11,312
29 8,925 9,502 7,369 8,023 8,155
30 3,453 3,652 3,427 3,086 3,158
31 5,072 5,282 4,629 4,912 5,204
32 4,126 4,326 3,741 4,011 4,287
33 666 692 637 651 669
34 3,460 3,634 3,104 3,360 3,618
35 946 956 888 901 917
36 570 580 535 543 551
37 376 376 354 358 366
38 22,549 23,303 20,762 21,103 21,558
39 9,092 9,431 8,782 8,748 8,709
40 4,897 5,279 4,439 4,615 4,674
41 4,195 4,152 4,343 4,133 4,035
42 13,457 13,872 11,980 12,355 12,849
43 550 721 657 671 682
44 1,261 1,243 1,029 997 1,103
45 7,229 7,412 6,307 6,569 6,807
46 1,221 1,236 1,183 1,196 1,207
47 2,951 3,014 2,585 2,691 2,810
48 246 246 220 231 240
49 3,447 3,568 3,247 3,259 3,286
50 2,213 2,235 2,083 2,120 2,157
51 15,571 15,904 13,511 14,149 14,714
52 8,959 9,070 8,538 8,655 8,751
53 -138,816 -162,038 -137,943 -135,533 -134,635
54 19,164 12,707 16,005 15,915 15,982
55 -119,622 -149,331 -121,938 -119,618 -118,653
Seasonally adjusted
Line 2003 2004
IV I (r) II (p)
1 77,887 78,682 81,053
2 18,071 17,878 18,932
3 4,310 4,527 4,690
4 8,548 9,060 9,374
5 3,723 4,011 4,028
6 4,825 5,049 5,346
7 12,481 12,472 12,508
8 9,345 9,315 9,329
9 8,516 8,627 8,482
10 829 688 847
11 3,136 3,157 3,179
12 1,251 1,255 1,254
13 1,885 1,901 1,925
14 34,477 34,745 35,549
15 12,574 12,280 12,572
16 7,293 7,098 7,012
17 5,281 5,182 5,560
18 21,903 22,465 22,977
19 3,392 3,488 3,526
20 4,616 4,828 4,877
21 1,249 1,267 1,302
22 1,414 1,433 1,455
23 7,440 7,638 7,849
24 3,793 3,809 3,969
25 59,927 62,382 63,953
26 15,102 15,508 16,170
27 5,563 5,574 5,811
28 11,551 13,051 12,965
29 8,228 9,434 9,366
30 3,324 3,617 3,599
31 5,304 5,223 5,497
32 4,368 4,277 4,541
33 701 666 692
34 3,667 3,611 3,849
35 936 946 956
36 560 570 580
37 376 376 376
38 22,407 23,026 23,510
39 9,258 9,419 9,644
40 4,878 5,279 5,365
41 4,380 4,140 4,279
42 13,149 13,607 13,866
43 686 700 714
44 1,107 1,261 1,243
45 7,021 7,229 7,412
46 1,214 1,221 1,236
47 2,875 2,951 3,014
48 247 246 246
49 3,347 3,447 3,568
50 2,188 2,213 2,235
51 15,187 15,571 15,904
52 8,843 8,959 9,070
53 -139,441 -150,768 -163,580
54 17,960 16,300 17,100
55 -121,481 -134,468 -146,480
(p) Preliminary.
(r) Revised.
(1.) Includes royalties, license fees, and other fees associated with
the use of intangible assets, including patents, trade secrets, and
other proprietary rights, that are used in connection with the
production of goods.
(2.) Includes royalties, license fees, and other fees associated with
the use of copyrights, trademarks, franchises, rights to broadcast live
events, software licensing fees, and other intangible property rights.
(3.) Other unaffiliated services receipts (exports) include mainly
expenditures of foreign governments and international organizations in
the United States and film and television tape rentals. Payments
(imports) include mainly expenditures of U.S. residents temporarily
working abroad and film and television tape rentals.
(4.) These reflect the amount of premiums explicitly charged by, or
paid to, insurers and reinsurers.
Source: Table 3 in "U.S. International Transactions, Second Quarter
2004" in the October 2004 issue of the SURVEY of CURRENT BUSINESS.
Footnotes to Tables F.2. and F.3.
(1.) Credits, : Exports of goods and services and income receipts;
unilateral current transfers to the United States; capital account
transactions receipts; financial inflows--increase in foreign-owned
assets (U.S. liabilities) or decrease in U.S.-owned assets (U.S.
claims).
Debits, -: Imports of goods and services and income payments; unilate-
ral current transfers to foreigners; capital accounts transactions pay-
ments; financial outflows-decrease in foreign-owned assets (U.S. liabi-
lities) or increase in U.S.-owned assets (U.S. claims).
(2.) Excludes exports of goods under U.S. military agency sales con-
tracts identified in Census export documents, excludes imports of goods
under direct defense expenditures identified in Census import docu-
ments, and reflects various other adjustments (for valuation, coverage,
and timing) of Census statistics to balance of payments basis; see
table 2 in "U.S. International Transactions, Second Quarter 2004" in
the October 2004 issue of the SURVEY of CURRENT BUSINESS.
(3.) Includes some goods: Mainly military equipment in line 5; major
equipment, other materials, supplies, and petroleum products purchased
abroad by U.S. military agencies in line 22; and fuels purchased by
airline and steamship operators in lines 8 and 25.
(4.) Includes transfers of goods and services under U.S. military grant
programs.
(5.) Beginning in 1982, these lines are presented on a gross basis. The
definition of exports is revised to exclude U.S. parents' payments to
foreign affiliates and to include U.S. affiliates' receipts from
foreign parents. The definition of imports is revised to include U.S.
parents' payments to foreign affiliates and to exclude U.S. affiliates'
receipts from foreign parents.
(6.) Beginning in 1982, the "other transfers" component includes taxes
paid by U.S. private residents to foreign governments and taxes paid by
private nonresidents to the U.S. Government.
(7.) At the present time, all U.S. Treasury-owned gold is held in the
United States.
(8.) Includes sales of foreign obligations to foreigners.
(9.) Consists of bills, certificates, marketable bonds and notes, and
nonmarketable convertible and nonconvertible bonds and notes.
(10.) Consists of U.S. Treasury and Export-Import Bank obligations, not
included elsewhere, and of debt securities of U.S. Government corpora-
tions and agencies.
(11.) Includes, primarily, U.S. Government liabilities associated with
military agency sales contracts and other transactions arranged with or
through foreign official agencies; see table 4 in "U.S. International
Transactions, Second Quarter 2004" in the October 2004 issue of the
SURVEY.
(12.) Consists of investments in U.S. corporate stocks and in debt
securities of private corporations and State and local governments.
(13.) Conceptually, the sum of line 76 and line 39 is equal to "net
lending or net borrowing" in the national income and product accounts
(NIPAs). However, the foreign transactions account in the NIPAs (a)
includes adjustments to the international transactions accounts for the
treatment of gold, (b) includes adjustments for the different geo-
graphical treatment of transactions with U.S. territories and Puerto
Rico, and (c) includes services furnished without payment by financial
pension plans except life insurance carriers and private noninsured
pension plans. A reconciliation of the balance on goods and services
from the international accounts and the NIPA net exports appears in
reconciliation table 2 in appendix A in the August 2004 issue of the
SURVEY. A reconciliation of the other foreign transactions in the two
sets of accounts appears in table 4.313 of the full set of NIPA tables.
Additional footnotes to Table F.3:
(14.) The "European Union" includes Belgium, Denmark, France, Germany
(includes the former German Democratic Republic (East Germany)
beginning in the fourth quarter of 1990), Greece, Ireland, Italy,
Luxembourg, Netherlands, Portugal, Spain, United Kingdom; beginning
with the first quarter of 1995, also includes Austria, Finland, and
Sweden; and beginning with the second quarter of 2004, also includes
Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta,
Poland, Slovakia, and Slovenia. The "European Union" also includes the
European Atomic Energy Community, the European Coal and Steel Community
(through the third quarter of 2002), and the European Investment Bank.
(15.) Quarterly estimates for Mexico are available, beginning with
2004.
(16.) Includes, as part of international and unallocated. taxes with-
held; current-cost adjustments associated with U.S. and foreign direct
investment; and net U.S. currency flows. Before 1999, also includes the
estimated direct investment in foreign affitiates engaged in interna-
tional shipping, in operating oil and gas drilling equipment interna-
tionally, and in petroleum trading. Before 1996, also includes small
transactions in business services that are not reported by country.
(17.) Details are not shown separately; see totals in lines 56 and 63.
(18.) Details not shown separately are included in line 69.
G. Investment Tables
Table G.1. International Investment Position of the United States at
Yearend, 2002 and 2003
[Millions of dollars]
Position,
Line Type of investment 2002 [r]
Net international investment position of the United
States:
1 With direct investment positions at current cost
(line 3 less line 24) -2,233,018
2 With direct investment positions at market
value (line 4 less line 25) -2,553,407
U.S. owned assets abroad:
3 With direct investment at current cost
(lines 5 10 15) 6,413,535
4 With direct investment at market value
(lines 5 10 16) 6,613,320
5 U.S. official reserve assets 158,602
6 Gold 90,806
7 Special drawing rights 12,166
8 Reserve position in the International
Monetary Fund 21,979
9 Foreign currencies 33,651
10 U.S. Government assets, other than official
reserve assets 85,309
11 U.S. credits and other long-term assets (5) 82,682
12 Repayable in dollars 82,406
13 Others (6) 276
14 U.S. foreign currency holdings and U.S.
short-term assets 2,627
U.S. private assets:
15 With direct investment at current cost
(lines 17 19 22 23) 6,169,624
16 With direct investment at market value
(lines 18 19 22 23) 6,369,409
Direct investment abroad:
17 At current cost 1,839,995
18 At market value 2,039,780
19 Foreign securities 1,846,879
20 Bonds 501,762
21 Corporate stocks 1,345,117
22 U.S. claims on unaffiliated foreigners
reported by U.S. nonbanking concerns 908,024
23 U.S. claims reported by U.S. banks, not
included elsewhere 1,574,726
Foreign-owned assets in the United States:
24 With direct investment at current cost
(lines 26 33) 8,646,553
25 With direct investment at market value
(lines 26 34) 9,166,727
26 Foreign official assets in the United States 1,212,723
27 U.S.Governmentsecurities 954,896
28 U.S. Treasury securities 796,449
29 Other 158,447
30 Other U.S. Government liabilities (7) 17.144
31 U.S. liabilities reported by U.S. banks, not
included elsewhere 144,646
32 Other foreign official assets 96,037
Other foreign assets:
33 With direct investment at current cost
(lines 35 37 38 41 42 43) 7,433,830
34 With direct investment at market value
(lines 36 37 38 41 42 43) 7,954,004
Direct investment in the United States:
35 At current cost 1,505,171
36 At market value 2,025,345
37 U.S. Treasury securities 457,670
38 U.S. securities other than U.S. Treasury
securities 2,786,647
39 Corporate and other bonds 1,600,414
40 Corporate stocks 1,186,233
41 U.S.currency 301,268
42 U.S. liabilities to unaffiliated foreigners
reported by U.S. nonbanking concerns 864,632
43 U.S. liabilities reported by U.S. banks, not
included elsewhere 1,518,442
Changes in position in 2003
Attributable to
Financial Valuation adjustments
flows
Price Exchange-rate
changes changes (1)
Line (a) (b) (c)
1 -545,759 37,112 255,457
2 -545,759 -13,696 397,918
3 283,414 355,668 327,520
4 283,414 676,650 468,722
5 -1,523 18,059 8,438
6 (3) 18,059
7 -601 1,073
8 -1,494 2,050
9 572 5.315
10 -537
11 -702
12 -700
13 -2
14 165
15 285,474 337,609 319,082
16 285,474 658,591 460,284
17 173,799 9,472 58,756
18 173,799 330,454 199,958
19 72,337 328,137 227,021
20 -28,094 3,209 25,253
21 100,431 324,928 201,768
22 28,932 18,093
23 10,406 15,212
24 829,173 318,556 72,063
25 829,173 690,346 70,804
26 248,573 3,920
27 194,568 -16,845
28 169,685 -13,947
29 24,883 -2,898
30 -564
31 49,420
32 5,149 20,765
33 580,600 314,636 72,063
34 580,600 686,426 70,804
35 39,890 6,460 1,259
36 39,890 378,250
37 113,432 -11,612
38 250,981 319,788 48,437
39 213,718 5,205 48,437
40 37,263 314,583
41 16,640
42 84,014 11,269
43 75,643 11,098
Changes in position
in 2003
Attributable
to
Valuation Total Position,
adjustments 2003 (p)
Other
changes (2)
Line (d) (a b c d)
1 55,526 -197,664 -2,430,682
2 63,954 -97,583 -2,650,990
3 -177,445 789,157 7,202,692
4 -178,138 1,250,648 7,863,968
5 1 24,975 183,577
6 (4) 1 18,060 108,866
7 472 12,638
8 556 22,535
9 5,887 39,538
10 -537 84,772
11 -702 81,980
12 -700 81,706
13 -2 274
14 165 2,792
15 -177,446 764,719 6,934,343
16 -178,139 1,226,210 7,595,619
17 -13,009 229,018 2,069,013
18 -13,702 690,509 2,730,289
19 627,495 2,474,374
20 368 502,130
21 627,127 1,972,244
22 -340,377 -293,352 614,672
23 175,940 201,558 1,776,284
24 -232,971 986,821 9,633,374
25 -242,092 1,348,231 10,514,958
26 8,945 261,438 1,474,161
27 12,410 190,133 1,145,029
28 4,476 160,214 956,663
29 7,934 29,919 188,366
30 -564 16,580
31 -3,465 45,955 190,601
32 25,914 121,951
33 -241,916 725,383 8,159,213
34 -251,037 1,086,793 9,040,797
35 1,175 48,784 1,553,955
36 -7,946 410,194 2,435,539
37 -16,948 84,872 542,542
38 -14,803 604,403 3,391
39 -14,803 252,557 1,852,971
40 351,846 1,538,079
41 16,640 317,908
42 -493,372 -398,089 466,543
43 282,032 368,773 1,887,215
(p) Preliminary,
(r) Revised.
(1.) Represents gains or losses on foreign-currency-denominated assets
due to their revaluation at current exchange rates.
(2.) Includes changes in coverage, capital gains and losses of direct
investment affiliates, and other statistical adjustments to the value
of assets.
(3.) Reflects changes in the value of the official gold stock due to
fluctuations in the market price of gold.
(4.) Reflects changes in gold stock from U.S. Treasury sales of gold
medallions and commemorative and bullion coins; also reflects
replenishment through open market purchases. These demonetizations/
monetizations are not included in international transactions financial
flaws.
(5.) Also includes paid-in capital subscriptions to international
financial institutions and resources provided to foreigners under
foreign assistance programs requiring repayment over several years.
Excludes World War I debts that are not being serviced.
(6.) Includes indebtedness that the borrower may contractually, or at
its option, repay with its currency, with a third country's currency,
or by delivery of materials or transfer of services.
(7.) Primarily U.S. Government liabilities associated with military
sales contracts and other transactions arranged with or through foreign
official agencies.
Source: Table 1 in "The International Investment Position of the United
States at Yearend 2003" in the July 2004 SURVEY OF CURRENT BUSINESS.
Table G.2. U.S. Direct Investment Abroad: Selected Items by Country of
Foreign Affiliate and by Industry of Foreign Affiliate, 2000-2003
[Millions of dollars]
Direct investment
position on a
historical-cost
basis
2000 2001
All countries, all industries 1,316,247 1,460,352
By country of foreign affiliate
Canada 132,472 152,601
Europe 687,320 771,936
Of which:
France 42,628 40,125
Germany 55,508 63,396
Ireland 35,903 39,541
Netherlands 115,429 147,687
Switzerland 55,377 63,768
United Kingdom 230,762 228,230
Latin America and Other Western Hemisphere 266,576 279,611
Of which:
Bermuda 60,114 84,969
Brazil 36,717 32,027
Mexico 39,352 52,544
United Kingdom Islands, Caribbean 33,451 36,443
Africa 11,891 15,574
Middle East 10,863 13,212
Asia and Pacific 207,125 227,418
Of which:
Australia 34,838 27,778
Hong Kong 27,447 32,494
Japan 57,091 55,651
Singapore 24,133 40,764
By industry of foreign affiliate
Mining 72,111 79,392
Utilities 21,964 25,528
Manufacturing 343,899 328,030
Of which:
Food 23,497 21,334
Chemicals 75,807 79,186
Primary and fabricated metals 21,644 21,814
Machinery 22,229 17,655
Computers and electronic products 59,909 58,651
Electrical equipment, appliances, and
components 10,005 9,552
Transportation equipment 49,887 40,487
Wholesale trade 93,936 112,946
Information 52,345 42,996
Depository institutions (banking) 40,152 55,620
Finance (except depository institutions)
and insurance 217,086 240,272
Professional, scientific, and technical
services 32,868 34,306
Other industries 441,886 541,263
Direct investment
position on a
historical-cost
basis
2002 2003
All countries, all industries 1,601,414 1,788,911
By country of foreign affiliate
Canada 170,169 192,409
Europe 848,599 963,087
Of which:
France 42,999 47,914
Germany 67,404 80,163
Ireland 46,617 55,463
Netherlands 164,217 178,933
Switzerland 71,454 86,435
United Kingdom 239,219 272,640
Latin America and Other Western Hemisphere 284,561 304,023
Of which:
Bermuda 80,048 84,609
Brazil 27,615 29,915
Mexico 55,724 61,526
United Kingdom Islands, Caribbean 49,806 54,507
Africa 16,290 18,960
Middle East 14,671 16,942
Asia and Pacific 267,125 293,490
Of which:
Australia 34,409 40,985
Hong Kong 41,571 44,323
Japan 65,939 73,435
Singapore 52,449 57,589
By industry of foreign affiliate
Mining 86,564 98,669
Utilities 24,330 26,907
Manufacturing 339,391 378,033
Of which:
Food 18,340 22,717
Chemicals 81,449 90,341
Primary and fabricated metals 21,926 22,970
Machinery 18,612 21,380
Computers and electronic products 53,601 57,596
Electrical equipment, appliances, and
components 9,030 9,657
Transportation equipment 44,820 45,372
Wholesale trade 124,686 140,579
Information 39,812 47,525
Depository institutions (banking) 56,595 63,655
Finance (except depository institutions)
and insurance 264,680 299,805
Professional, scientific, and technical
services 34,907 40,599
Other industries 630,450 693,138
Capital outflows
(inflows (-))
2000 2001
All countries, all industries 142,627 124,873
By country of foreign affiliate
Canada 16,899 16,841
Europe 77,976 65,580
Of which:
France 1,967 476
Germany 3,811 11,823
Ireland 9,823 2,437
Netherlands 961 12,025
Switzerland 8,687 4.170
United Kingdom 28,317 7,890
Latin America and Other Western Hemisphere 23,212 25,691
Of which:
Bermuda 9,363 7,007
Brazil 3,350 113
Mexico 4,203 14,226
United Kingdom Islands, Caribbean 989 -1,129
Africa 716 2,438
Middle East 1,375 1,397
Asia and Pacific 22,449 12,927
Of which:
Australia 890 -751
Hong Kong 4,922 4,787
Japan 4,295 -4,731
Singapore 3,688 5,593
By industry of foreign affiliate
Mining 2,174 15,590
Utilities 2,466 2,887
Manufacturing 43,002 25,871
Of which:
Food 2,014 1,813
Chemicals 3,812 10,210
Primary and fabricated metals 1,233 311
Machinery 2,659 -812
Computers and electronic products 17,303 4,107
Electrical equipment, appliances, and
components 2,100 1,129
Transportation equipment 7,814 1,861
Wholesale trade 11,938 15,712
Information 16,531 -2,838
Depository institutions (banking) -1,274 10,326
Finance (except depository institutions)
and insurance 21,659 2,854
Professional, scientific, and technical
services 5,441 3,739
Other industries 40,690 50,731
Capital outflows
(inflows (-))
2002 2003
All countries, all industries 115,340 151,884
By country of foreign affiliate
Canada 11,534 13,826
Europe 69,665 99,191
Of which:
France 3,324 1,504
Germany -216 8,676
Ireland 5,663 9,093
Netherlands 14,633 14,968
Switzerland 6,683 14,444
United Kingdom 16,852 30,455
Latin America and Other Western Hemisphere 6,428 13,171
Of which:
Bermuda -1,991 1,832
Brazil 339 -266
Mexico 5,171 5,667
United Kingdom Islands, Caribbean 2,157 3,057
Africa 1,443 2,211
Middle East 1,703 2,093
Asia and Pacific 24,568 21,392
Of which:
Australia 5,139 3,881
Hong Kong 1,687 1,725
Japan 7,877 5,800
Singapore 4,377 5,699
By industry of foreign affiliate
Mining 7,949 9,816
Utilities -835 -213
Manufacturing 28,002 28,370
Of which:
Food 2,210 2,793
Chemicals 6,332 6,178
Primary and fabricated metals 1,244 -169
Machinery 220 2,405
Computers and electronic products 1,179 3,061
Electrical equipment, appliances, and
components 269 772
Transportation equipment 2,471 1,517
Wholesale trade 3,841 12,802
Information -1,886 5,578
Depository institutions (banking) -1,976 693
Finance (except depository institutions)
and insurance 14,643 30,149
Professional, scientific, and technical
services 1,167 4,497
Other industries 64,434 60,191
Income
2000 2001
All countries, all industries 133,692 110,029
By country of foreign affiliate
Canada 16,181 11,836
Europe 65,574 53,524
Of which:
France 2,370 1,697
Germany 4,736 3,407
Ireland 5,773 5,161
Netherlands 13,402 10,922
Switzerland 5,027 6,636
United Kingdom 19,099 9,612
Latin America and Other Western Hemisphere 19,796 18,006
Of which:
Bermuda 6,446 5,250
Brazil 1,621 567
Mexico 4,431 4,034
United Kingdom Islands, Caribbean 1,606 3,719
Africa 2,010 1,554
Middle East 2,272 1,545
Asia and Pacific 27,861 23,564
Of which:
Australia 3,415 1,503
Hong Kong 5,163 4,897
Japan 5,988 4,892
Singapore 4,045 3,334
By industry of foreign affiliate
Mining 13,164 9,262
Utilities 1,610 2,068
Manufacturing 42,230 27,603
Of which:
Food 2,681 2,597
Chemicals 11,552 7,161
Primary and fabricated metals 1,536 1,422
Machinery 2,257 1,313
Computers and electronic products 8,860 4,335
Electrical equipment, appliances, and
components 1,079 669
Transportation equipment 4,107 2,148
Wholesale trade 14,198 13,706
Information -964 -3,084
Depository institutions (banking) 2,191 2,343
Finance (except depository institutions)
and insurance 15,210 9,224
Professional, scientific, and technical
services 3,548 1,741
Other industries 42,504 47,166
Income
2002 2003
All countries, all industries 126,694 164,712
By country of foreign affiliate
Canada 12,697 17,354
Europe 62,467 81,751
Of which:
France 2,428 4,339
Germany 2,519 4,062
Ireland 6,245 8,281
Netherlands 12,352 15,791
Switzerland 9,130 10,738
United Kingdom 10,570 13,756
Latin America and Other Western Hemisphere 17,146 24,552
Of which:
Bermuda 4,035 6,320
Brazil 538 1,370
Mexico 4,349 5,750
United Kingdom Islands, Caribbean 4,542 4,955
Africa 1,873 2,864
Middle East 1,876 2,645
Asia and Pacific 30,636 35,546
Of which:
Australia 2,207 3,707
Hong Kong 4,839 5,071
Japan 6,342 9,167
Singapore 8,558 6,974
By industry of foreign affiliate
Mining 9,503 12,786
Utilities 1,902 1,991
Manufacturing 26,733 36,531
Of which:
Food 2,674 3,172
Chemicals 9,093 10,620
Primary and fabricated metals 898 1,607
Machinery 1,974 2,043
Computers and electronic products 2,504 5,394
Electrical equipment, appliances, and
components 522 739
Transportation equipment 612 1,802
Wholesale trade 12,905 19,583
Information 535 5,474
Depository institutions (banking) 1,288 2,356
Finance (except depository institutions)
and insurance 13,946 19,165
Professional, scientific, and technical
services 2,481 4,623
Other industries 57,401 62,203
NOTE. In this table, unlike in the international transactions accounts,
income and capital outflows are shown without a current-cost
adjustment, and income is shown net of withholding taxes. In addition,
unlike in the inter-national investment position is valued at
historical cost.
The data in this table are from tables 16 and 17 in "U.S. Direct
Investment Abroad: Detail for Historical-Cost Position and Related
Capital and Income Flows, 2003" in the September 2004 SURVEY OF CURRENT
BUSINESS.
Table G.3. Selected Financial and Operating Data for Nonbank Foreign
Affiliates of U.S. Companies by Country and by Industry of Affiliate,
2002
All nonbank foreign affiliates
Millions of dollars
Total Net
assets Sales income
All countries, all
industries 6,865,705 2,973,212 217,660
By country of foreign affiliate
Canada 514,250 359,620 13.624
Europe 4,103,349 1,479,547 124,084
Of which:
France 212,778 139,456 3,166
Germany 351,566 242,206 6,206
Netherlands 534,795 141,606 19,994
United Kingdom 1,581,483 389,292 8,098
Latin America and Other Western
Hemisphere 994,055 365,977 34,947
Of which:
Brazil 101,114 68,155 -5,015
Mexico 142,566 137,055 6,026
Africa 77,632 42,294 3,120
Middle East 59,623 32,763 4,139
Asia and Pacific 1,116,796 693,011 37.747
Of which:
Australia 154,272 74,142 3,819
Japan 431,911 251,924 8,535
By industry of foreign affiliate
Mining 298,637 104,463 17,166
Utilities 142,367 60,632 -301
Manufacturing 1,343,683 1,415,463 61,180
Of which:
Food 76,557 99,819 3,846
Chemicals 345,030 249,099 24,872
Primary and fabricated metals 64,165 45,828 1,309
Machinery 70,477 72,461 3,037
Computers and electronic
products 177,022 210,937 7,514
Electrical equipment,
appliances, and components 32,183 29,132 374
Transportation equipment 245,032 357,234 2,216
Wholesale trade 463,176 680,498 19,634
Information 280,209 166,416 -6,582
Finance (except depository
institutions) and insurance 2,438,387 212,260 20,105
Professional, scientific, and
technical services 123,553 84,141 2,758
Other industries 1,775,694 249,340 103,700
All nonbank foreign affiliates
Millions of dollars
U.S. U.S.
exports imports
of goods of goods
shipped shipped Thousands
to affi- by affi- of
liates liates employees
All countries, all
industries 184,499 217,673 9,695.9
By country of foreign affiliate
Canada 58,373 80,860 1,124.1
Europe 43,491 41,796 4,118.4
Of which:
France 4,131 3,296 583.2
Germany 7,207 4,983 653.0
Netherlands 7,771 (D) 230.6
United Kingdom 9,829 6,464 1,219.4
Latin America and Other Western
Hemisphere 42,283 49,931 1,990.0
Of which:
Brazil 3,118 1,807 391.1
Mexico 32,970 41,902 1,041.5
Africa 931 (D) 218.7
Middle East 663 (D) 87.9
Asia and Pacific 38,759 39,369 2,156.7
Of which:
Australia 3,882 1,353 320.6
Japan 10,657 9,785 503.7
By industry of foreign affiliate
Mining 1,124 12,516 167.5
Utilities 8 3 101.4
Manufacturing 127,658 186,483 5,062.8
Of which:
Food 4,378 4,498 418.4
Chemicals 17,074 19,132 656.3
Primary and fabricated metals 2,982 4,048 255.9
Machinery 7,070 7,588 385.0
Computers and electronic
products 24,602 37,118 713.1
Electrical equipment,
appliances, and components 2,216 4,591 250.5
Transportation equipment 55,587 89,841 1,075.3
Wholesale trade 47,045 17,076 823.4
Information 908 (D) 646.0
Finance (except depository
institutions) and insurance 10 (D) 332.5
Professional, scientific, and
technical services 1,534 (D) 443.9
Other industries 6,212 (D) 2,118.3
Majority-owned nonbank foreign
affiliates
Millions of dollars
Total Net
assets Sales income
All countries, all
industries 6,209,829 2,548,625 204,802
By country of foreign affiliate
Canada 484,796 336,830 14,430
Europe 3,838,231 1,322,029 119,306
Of which:
France 187,698 125,929 3,467
Germany 311,825 205,713 3,913
Netherlands 507,950 113,151 18,884
United Kingdom 1,526,337 371,645 13,590
Latin America and Other Western
Hemisphere 860,328 308,180 32,264
Of which:
Brazil 79,611 58,787 -3,531
Mexico 113,128 112,443 4,834
Africa 61,954 33,827 2,505
Middle East 28,915 15,399 1,889
Asia and Pacific 935,605 532,360 34,408
Of which:
Australia 142,725 61,028 3,414
Japan 328,460 150,181 7,052
By industry of foreign affiliate
Mining 275,111 94,171 14,193
Utilities 100,498 40,570 -1,614
Manufacturing 1,143,805 1,208,610 54,798
Of which:
Food 67,856 90,281 3,409
Chemicals 310,491 224,473 23,355
Primary and fabricated metals 58,040 40,063 996
Machinery 58,745 59,925 2,764
Computers and electronic
products 170,922 206,909 7,989
Electrical equipment,
appliances, and components 29,173 26,041 372
Transportation equipment 174,618 272,093 1,142
Wholesale trade 442,458 647,333 18,938
Information 120,348 78,686 -2,759
Finance (except depository
institutions) and insurance 2,353,513 198,704 18,706
Professional, scientific, and
technical services 120,226 79,284 2,556
Other industries 1,653,870 201,267 99,985
Majority-owned nonbank
foreign affiliates
Millions of dollars
U.S.
exports
of goods
shipped
Value to affi-
added liates
All countries, all
industries 611,456 177,213
By country of foreign affiliate
Canada 71,139 56,528
Europe 342,291 42,326
Of which:
France 35,864 3,585
Germany 60,738 7,111
Netherlands 21,406 7,477
United Kingdom 105,056 9,796
Latin America and Other Western
Hemisphere 61,400 41,023
Of which:
Brazil 10,865 2,991
Mexico 22,233 32,011
Africa 13,409 767
Middle East 6,577 603
Asia and Pacific 116,641 35,967
Of which:
Australia 19,511 3,783
Japan 34,606 9,501
By industry of foreign affiliate
Mining 58,175 1,050
Utilities 7,582 8
Manufacturing 316,621 122,573
Of which:
Food 19,626 4,036
Chemicals 67,808 16,354
Primary and fabricated metals 10,991 2,909
Machinery 16,753 6,723
Computers and electronic
products 37,534 24,385
Electrical equipment,
appliances, and components 7,250 2,149
Transportation equipment 45,316 52,910
Wholesale trade 94,447 45,556
Information 23,102 797
Finance (except depository
institutions) and insurance 23,875 10
Professional, scientific, and
technical services 30,962 1,517
Other industries 56,693 5,703
Majority-owned nonbank
foreign affiliates
U.S.
imports
of goods
shipped Thousands
by affi- of
liates employees
All countries, all
industries 199,349 8,183.9
By country of foreign affiliate
Canada 74,646 1,062.4
Europe 41,047 3,685.7
Of which:
France 3,201 543.6
Germany 4,979 615.6
Netherlands 2,166 179.9
United Kingdom 6,441 1,121.5
Latin America and Other Western
Hemisphere 47,194 1,594.3
Of which:
Brazil 1,673 336.7
Mexico 40,255 841.2
Africa 4,960 139.0
Middle East 633 59.5
Asia and Pacific 30,870 1,643.0
Of which:
Australia 1,352 255.3
Japan 1,973 246.1
By industry of foreign affiliate
Mining 11,622 149.2
Utilities 3 70.7
Manufacturing 169,379 4,317.8
Of which:
Food 4,405 372.9
Chemicals 18,261 599.9
Primary and fabricated metals 3,936 240.7
Machinery 6,813 327.3
Computers and electronic
products 36,894 681.3
Electrical equipment,
appliances, and components 3,695 219.8
Transportation equipment 76,462 888.8
Wholesale trade 16,827 775.9
Information 96 345.2
Finance (except depository
institutions) and insurance (D) 310.7
Professional, scientific, and
technical services (D) 413.9
Other industries 901 1,800.6
(D) Suppressed to avoid disclosure of data of individual companies.
NOTE. The data in this table are from "US Multinational Companies:
Operations in 2002" in the July 2004 SURVEY of CURRENT BUSINESS.
Table G.4. Foreign Direct Investment in the United States: Selected
Items by Country of Foreign Parent and by Industry of U.S. Affiliate
2000-2003
[Millions of dollars]
Direct investment
position on a
historical-cost basis
2000 2001
All countries all industries 1,256,867 1,343,987
By country of foreign parent
Canada 114,309 92,420
Europe 887,014 999,069
Of which:
France 125,740 154,984
Germany 122,412 162,314
Luxembourg 58,930 95,299
Netherlands 138,894 145,554
Switzerland 64,719 129,478
United Kingdom 277,613 197,651
Latin America and Other Western Hemisphere 53,691 64,842
Of which:
Bermuda 18,336 7,316
Mexico 7,462 6,645
Panama 3,819 4,385
United Kingdom Islands Caribbean 15,191 25,620
Africa 2,700 2,346
Middle East 6,506 6,082
Asia and Pacific 192,647 179,228
Of which:
Australia 18,775 19,465
Japan 159,690 149,859
Singapore 5,087 1,221
By industry of U.S. affiliate
Manufacturing 480,561 476,474
Of which:
Food 18,073 18,577
Chemicals 120,413 128,630
Primary and fabricated metals 24,184 19,998
Machinery 32,283 43,317
Computers and electronic products 92,782 54,729
Electrical equipment appliances
and components 43,109 53,559
Transportation equipment 55,750 62,349
Wholesale trade 173,991 184,743
Retail trade 26,703 22,647
Information 146,856 146,913
Depository institutions (banking) 64,236 67,207
Finance (except depository institutions)
and insurance 167,007 173,801
Real estate and rental and leasing 49,985 44,280
Professional scientific and technical services 30,492 31,477
Other industries 117,037 196,446
Direct investment
position on a
historical-cost basis
2002 2003
All countries all industries 1,340,011 1,378,001
By country of foreign parent
Canada 96,437 105,255
Europe 982,062 1,000,532
Of which:
France 141,400 143,341
Germany 139,620 148,774
Luxembourg 97,822 104,452
Netherlands 153,679 146,117
Switzerland 119,338 112,856
United Kingdom 218,175 230,374
Latin America and Other Western Hemisphere 68,366 69,557
Of which:
Bermuda 8,088 5,914
Mexico 7,483 6,680
Panama 5,394 8,383
United Kingdom Islands Caribbean 28,260 28,949
Africa 2,298 2,187
Middle East 7,456 7,931
Asia and Pacific 183,392 192,539
Of which:
Australia 23,136 24,652
Japan 150,499 159,258
Singapore 650 -162
By industry of U.S. affiliate
Manufacturing 468,471 475,475
Of which:
Food 19,785 19,074
Chemicals 121,641 123,242
Primary and fabricated metals 19,245 19,434
Machinery 41,424 37,701
Computers and electronic products 43,111 45,854
Electrical equipment appliances
and components 46,080 42,311
Transportation equipment 62,607 63,653
Wholesale trade 195,876 182,176
Retail trade 21,974 24,171
Information 117,646 120,122
Depository institutions (banking) 76,800 87,537
Finance (except depository institutions)
and insurance 168,957 185,655
Real estate and rental and leasing 43,515 46,999
Professional scientific and technical services 27,619 28,358
Other industries 219,154 227,509
Capital inflows
(outflows (-))
2000 2001
All countries all industries 314,007 159,461
By country of foreign parent
Canada 27,258 9,173
Europe 251,041 140,661
Of which:
France 51,001 14,546
Germany 14,054 40,206
Luxembourg 30,864 -21,498
Netherlands 33,517 24,036
Switzerland 12,124 61,789
United Kingdom 82,652 2,819
Latin America and Other Western Hemisphere 12,741 8,232
Of which:
Bermuda 2,965 -6,467
Mexico 5,062 -716
Panama -1,087 297
United Kingdom Islands Caribbean 3,800 12,961
Africa 666 -308
Middle East 2,389 -401
Asia and Pacific 19,912 2,104
Of which:
Australia 4,935 6,490
Japan 7,820 -3,132
Singapore 5,911 -1,451
By industry of U.S. affiliate
Manufacturing 105,119 51,069
Of which:
Food 2,281 312
Chemicals 25,466 16,823
Primary and fabricated metals 8,199 -3,109
Machinery 2,175 3,560
Computers and electronic products 33,073 -1,403
Electrical equipment appliances
and components 13,333 20,545
Transportation equipment 1,653 9,694
Wholesale trade 52,501 5,998
Retail trade 4,111 5,881
Information 25,207 51,472
Depository institutions (banking) 5,775 6,429
Finance (except depository institutions)
and insurance 50,990 18,156
Real estate and rental and leasing 3,473 -2,178
Professional scientific and technical services 34,136 9,309
Other industries 32,695 13,326
Capital inflows
(outflows (-))
2002 2003
All countries all industries 62,870 29,772
By country of foreign parent
Canada 2,976 9,116
Europe 45,012 6,572
Of which:
France 6,678 5,130
Germany -842 407
Luxembourg 1,288 8,823
Netherlands 5,650 -614
Switzerland 6,566 -6,993
United Kingdom 23,941 -1,661
Latin America and Other Western Hemisphere 1,577 3,525
Of which:
Bermuda -177 -3,366
Mexico 2,099 1,944
Panama 1,572 2,592
United Kingdom Islands Caribbean 230 1,841
Africa 34 -50
Middle East 1,290 522
Asia and Pacific 11,980 10,086
Of which:
Australia 6,081 4,382
Japan 6,061 6,495
Singapore -514 -809
By industry of U.S. affiliate
Manufacturing 18,876 344
Of which:
Food 1,300 -1,423
Chemicals -7,410 2,800
Primary and fabricated metals 1,308 711
Machinery -1,426 -2,917
Computers and electronic products -6,682 -548
Electrical equipment appliances
and components 3,200 -6,550
Transportation equipment 6,449 1,637
Wholesale trade 10,332 -6,510
Retail trade 763 1,389
Information 6,235 -1,441
Depository institutions (banking) 3,647 4,482
Finance (except depository institutions)
and insurance 3,556 16,684
Real estate and rental and leasing 1,367 -1,269
Professional scientific and technical services 1,668 860
Other industries 16,426 15,233
Income
2000 2001
All countries all industries 47,921 3,919
By country of foreign parent
Canada 849 -5,223
Europe 38,766 13,964
Of which:
France 3,633 4,024
Germany 2,140 -7,787
Luxembourg 4,711 2,414
Netherlands 8,776 3,189
Switzerland 2,782 1,299
United Kingdom 13,347 9,046
Latin America and Other Western Hemisphere 2,382 -3,748
Of which:
Bermuda -204 -4,868
Mexico -142 -823
Panama 647 499
United Kingdom Islands Caribbean 1,627 1,166
Africa 31 -221
Middle East 241 200
Asia and Pacific 5,651 -1,053
Of which:
Australia 356 -416
Japan 5,182 -244
Singapore -123 -164
By industry of U.S. affiliate
Manufacturing 24,744 4,261
Of which:
Food 1,076 597
Chemicals 4,572 2,005
Primary and fabricated metals 1,121 -265
Machinery 1,003 -982
Computers and electronic products 2,395 -5,609
Electrical equipment appliances
and components 2,033 2,413
Transportation equipment 4,284 1,891
Wholesale trade 13,569 9,566
Retail trade 1,519 1,335
Information -3,996 -13,392
Depository institutions (banking) 3,590 1,991
Finance (except depository institutions)
and insurance 3,782 -1,443
Real estate and rental and leasing 2,382 1,570
Professional scientific and technical services -166 -239
Other industries 2,496 270
Income
2002 2003
All countries all industries 35,984 56,727
By country of foreign parent
Canada -909 3,462
Europe 28,989 43,946
Of which:
France 4,171 4,808
Germany -3,508 1,726
Luxembourg 840 6
Netherlands 4,042 7,934
Switzerland 5,867 4,723
United Kingdom 11,492 17,604
Latin America and Other Western Hemisphere -592 1,253
Of which:
Bermuda -2,362 -1,049
Mexico 35 193
Panama 642 1,014
United Kingdom Islands Caribbean 701 175
Africa 41 3
Middle East -214 163
Asia and Pacific 8,670 7,901
Of which:
Australia 555 489
Japan 7,747 7,530
Singapore -73 -28
By industry of U.S. affiliate
Manufacturing 21,680 20,216
Of which:
Food 933 -370
Chemicals 6,211 6,792
Primary and fabricated metals 147 465
Machinery 225 -447
Computers and electronic products -2,043 -527
Electrical equipment appliances
and components 4,781 2,292
Transportation equipment 4,238 4,777
Wholesale trade 12,499 16,647
Retail trade 2,161 1,368
Information -4,232 2,084
Depository institutions (banking) 2,190 2,071
Finance (except depository institutions)
and insurance -2,322 8,785
Real estate and rental and leasing 1,756 1,407
Professional scientific and technical services 239 -17
Other industries 2,012 4,168
NOTE. In this table, unlike in the international transactions accounts,
income and capital inflows are shown without a current-cost adjustment,
and income is shown net of withholding taxes. In addition, unlike in
the international investment position, the direct investment position
is valued at historical cost. The data in this table are from tables 16
and 17 in "Foreign Direct Investment in the United States: Detail for
Historical-Cost Position and Related Capital and Income Flows 2003"
in the September 2004 SURVEY of CURRENT BUSINESS.
Table G.5. Selected Financial and Operating Data of Nonbank U.S.
Affiliates of Foreign Companies by Country of Ultimate Beneficial
Owner and by Industry of Affiliate, 2002
All nonbank affiliates
Millions of dollars
Total
assets Sales
All countries, all industries 5,213,336 2,225,352
By country
Canada 346,204 135,626
Europe 3,574,466 1,321,197
Of which:
France 466,024 163,391
Germany 549,123 302,732
Netherlands 540,928 233,696
Sweden 58,427 43,426
Switzerland 898,393 119,340
United Kingdom 905,691 346,008
Latin America and Other Western Hemisphere 233,064 136,837
Of which:
Bermuda 122,016 63,534
Mexico 23,872 23,602
Panama 1,896 1,369
United Kingdom Islands, Caribbean 56,176 9,957
Venezuela 12,027 25,184
Africa 7,606 (D)
Middle East 25,010 31,772
Asia and Pacific 570,339 532,579
Of which:
Australia 71,831 25,864
Japan 452,603 446,801
United States 456,647 (D)
By industry
Manufacturing 1,063,821 912,574
Of which:
Food 47,049 47,558
Chemicals 256,248 166,633
Primary and fabricated metals 49,268 50,764
Machinery 91,970 73,572
Computers and electronic products 104,159 99,200
Electrical equipment, appliances, and
components 26,021 19,382
Transportation equipment 215,770 200,847
Wholesale trade 417,987 605,917
Retail trade 68,075 122,892
Information (D) 98,953
Of which:
Publishing industries (D) 33,985
Telecommunications (D) (D)
Finance (except depository institutions)
and insurance 2,732,422 (D)
Real estate and rental and leasing 102,749 20,525
Professional, scientific, and technical
services 60,295 43,392
Other industries (D) (D)
All nonbank affiliates
Millions
of dollars
Thousands
Net of
income employees
All countries, all industries -46,188 5,932.2
By country
Canada -4,425 500.4
Europe -32,476 4,017.2
Of which:
France -6,317 514.8
Germany -24,776 711.2
Netherlands -1,036 556.5
Sweden -814 232.3
Switzerland -5,589 498.9
United Kingdom 7,634 1,071.6
Latin America and Other Western Hemisphere -11,808 417.7
Of which:
Bermuda -10,540 224.8
Mexico -880 105.7
Panama -136 6.8
United Kingdom Islands, Caribbean -162 38.3
Venezuela 251 7.5
Africa (D) 10.7
Middle East -567 K
Asia and Pacific -1,502 848.2
Of which:
Australia -5,587 66.4
Japan 4,429 697.0
United States (D) L
By industry
Manufacturing -12,011 2,374.0
Of which:
Food 54 130.0
Chemicals 2,751 357.5
Primary and fabricated metals 446 149.8
Machinery -285 286.5
Computers and electronic products -8,199 271.7
Electrical equipment, appliances, and
components -756 80.4
Transportation equipment 2,057 389.0
Wholesale trade 10,474 544.9
Retail trade -1,055 672.0
Information -36,789 318.4
Of which:
Publishing industries -1,973 140.2
Telecommunications (D) M
Finance (except depository institutions)
and insurance (D) 285.0
Real estate and rental and leasing 599 35.8
Professional, scientific, and technical
services 184 174.7
Other industries (D) 1,527.3
All nonbank affiliates
Millions of dollars
U.S. U.S.
exports imports
shipped by shipped to
affiliates affiliates
All countries, all industries 146,186 337,406
By country
Canada 6,018 16,750
Europe 79,224 137,288
Of which:
France 13,901 (D)
Germany 28,726 54,720
Netherlands 5,648 14,405
Sweden 3,979 3,908
Switzerland 6,203 8,250
United Kingdom 15,421 22,445
Latin America and Other Western Hemisphere 9,515 18,270
Of which:
Bermuda (D) 2,846
Mexico 806 3,069
Panama 143 164
United Kingdom Islands, Caribbean 66 895
Venezuela (D) 7,966
Africa (D) (D)
Middle East (D) 7,566
Asia and Pacific 45,488 153,384
Of which:
Australia 344 399
Japan 38,781 128,373
United States (D) (D)
By industry
Manufacturing 93,106 143,080
Of which:
Food 3,554 1,962
Chemicals 16,280 18,672
Primary and fabricated metals 4,388 7,969
Machinery 8,894 8,073
Computers and electronic products 15,201 (D)
Electrical equipment, appliances, and
components 3,036 1,791
Transportation equipment 28,335 51,439
Wholesale trade 46,115 185,884
Retail trade 728 4,202
Information 1,070 853
Of which:
Publishing industries (D) 163
Telecommunications 656 163
Finance (except depository institutions)
and insurance (*) 4
Real estate and rental and leasing 215 467
Professional, scientific, and technical
services 406 244
Other industries 2,546 2,672
Majority-owned nonbank
affiliates
Millions of dollars
Total Sales
assets
All countries, all industries 4,556,582 2,043,500
By country
Canada 325,469 128,411
Europe 3,418,922 1,246,557
Of which:
France 447,432 150,885
Germany 534,078 290,353
Netherlands 529,883 226,982
Sweden 58,142 43,049
Switzerland 878,483 111,395
United Kingdom 819,758 314,944
Latin America and Other Western Hemisphere 222,161 122,170
Of which:
Bermuda 121,159 62,552
Mexico 18,132 15,769
Panama (D) 1,312
United Kingdom Islands, Caribbean 55,661 9,714
Venezuela (D) (D)
Africa 6,073 5,387
Middle East 22,888 30,331
Asia and Pacific 540,946 492,116
Of which:
Australia 67,658 22,642
Japan 430,565 414,472
United States 20,122 18,529
By industry
Manufacturing 1,009,551 855,354
Of which:
Food 45,779 44,815
Chemicals 238,898 153,073
Primary and fabricated metals 42,704 43,703
Machinery 91,345 72,660
Computers and electronic products 94,273 90,738
Electrical equipment, appliances, and
components 25,967 19,310
Transportation equipment 209,892 192,516
Wholesale trade 409,360 583,646
Retail trade 60,095 111,580
Information 248,147 75,109
Of which:
Publishing industries 88,925 31,672
Telecommunications 72,877 15,116
Finance (except depository institutions)
and insurance 2,293,786 185,248
Real estate and rental and leasing 88,670 17,709
Professional, scientific, and technical
services 54,932 41,620
Other industries 392,039 173,234
Majority-owned nonbank
affiliates
Millions of dollars
Net Value
income added
All countries, all industries -51,250 453,637
By country
Canada -4,732 36,589
Europe -30,801 290,887
Of which:
France -1.461 40,926
Germany -24,598 56,951
Netherlands -2,213 38,487
Sweden -830 11,891
Switzerland -4,439 27,596
United Kingdom 4,518 89,658
Latin America and Other Western Hemisphere -11,817 37,045
Of which:
Bermuda -10,495 22,154
Mexico -828 3,496
Panama -134 513
United Kingdom Islands, Caribbean -174 2,147
Venezuela (D) (D)
Africa -28 1,150
Middle East -617 7,275
Asia and Pacific -2,342 75,627
Of which:
Australia -5,824 6,656
Japan 3,833 61,976
United States -913 5,064
By industry
Manufacturing -13,107 217,552
Of which:
Food -58 10,644
Chemicals 2,192 43,376
Primary and fabricated metals 168 12.003
Machinery -140 22,323
Computers and electronic products -8,399 22,105
Electrical equipment, appliances, and
components -747 4,419
Transportation equipment 2,077 34,619
Wholesale trade 9,743 76,122
Retail trade -561 25,654
Information -38,095 24,689
Of which:
Publishing industries -709 14,026
Telecommunications -26,372 1,937
Finance (except depository institutions)
and insurance -10,118 19,487
Real estate and rental and leasing 414 9,072
Professional, scientific, and technical
services 677 16,182
Other industries -201 64,880
Majority-owned
nonbank affiliates
Millions
of dollars
Thousands U.S.
of exports
employees of goods
shipped by
affiliates
All countries, all industries 5,420.3 137,037
By country
Canada 470.5 5,678
Europe 3,751.9 73,806
Of which:
France 468.0 10,065
Germany 676.4 28,241
Netherlands 547.3 5,328
Sweden 225.7 3,976
Switzerland 429.9 6,105
United Kingdom 995.8 14,978
Latin America and Other Western Hemisphere 352.3 9,104
Of which:
Bermuda 223.4 6,454
Mexico 47.1 (D)
Panama 6.5 142
United Kingdom Islands, Caribbean 36.5 66
Venezuela H 466
Africa 10.3 513
Middle East 40.7 748
Asia and Pacific 754.3 43,164
Of which:
Australia 55.0 303
Japan 628.2 36,778
United States 40.1 4,024
By industry
Manufacturing 2,227.6 86,839
Of which:
Food 121.1 3,425
Chemicals 329.4 15,470
Primary and fabricated metals 137.9 3,383
Machinery 284.7 8,773
Computers and electronic products 246.2 12,265
Electrical equipment, appliances, and
components 80.1 3,004
Transportation equipment 367.4 27,957
Wholesale trade 516.3 45,412
Retail trade 583.3 711
Information 245.8 1,046
Of which:
Publishing industries 127.4 762
Telecommunications 37.4 1
Finance (except depository institutions)
and insurance 233.3 (*)
Real estate and rental and leasing 33.8 215
Professional, scientific, and technical
services 162.5 384
Other industries 1,417.6 2,430
Majority-owned
nonbank affiliates
Millions
of dollars
U.S.
imports
of goods
shipped to
affiliates
All countries, all industries 324,578
By country
Canada 16,406
Europe 132,322
Of which:
France 14,895
Germany 54,439
Netherlands 14,290
Sweden 3,904
Switzerland 8,111
United Kingdom 22,254
Latin America and Other Western Hemisphere 15,509
Of which:
Bermuda 2,842
Mexico 2,571
Panama 161
United Kingdom Islands, Caribbean 895
Venezuela (D)
Africa 362
Middle East 7,510
Asia and Pacific 149,093
Of which:
Australia 360
Japan 125,242
United States 3,377
By industry
Manufacturing 132,928
Of which:
Food 1,897
Chemicals 18,315
Primary and fabricated metals 7,216
Machinery 7,792
Computers and electronic products 24,426
Electrical equipment, appliances, and
components 1,780
Transportation equipment 50,326
Wholesale trade 183,396
Retail trade 4,037
Information 853
Of which:
Publishing industries 163
Telecommunications (D)
Finance (except depository institutions)
and insurance 4
Real estate and rental and leasing 467
Professional, scientific, and technical
services 234
Other industries 2,658
(D) Suppressed to avoid disclosure of data of individual companies.
* Less than $500,000.
NOTES. The data in this table are from the 2002 benchmark survey
of foreign direct investment in the United States; see "Operations
of U.S. Affiliates of Foreign Companies: Preliminary Results From
the 2002 Benchmark Survey" in the August 2004 SURVEY OF CURRENT
BUSINESS.
The following ranges are given in employment cells that are
suppressed: A--1 to 499; F--500 to 999; G--1,000 to 2,499;
H--2,500 to 4,999; I--5,000 to 9,999; J--10,000 to 24,999;
K--25,000 to 49,999; L--50,000 to 99,999; M--100,000 or more.
H. International Perspectives
The quarterly data in this table are shown at the
end month of the quarter.
2003
July Aug. Sept.
Unemployment rate
(percent) (1)
Euro area 8.80 8.80 8.80
France 9.60 9.60 9.70
Germany 10.60 10.60 10.50
Italy 8.60
Netherlands 5.30 5.40 5.50
United Kingdom 5.20 5.10 5.10
Japan 5.30 5.10 5.10
Singapore 5.50
South Korea 3.40 3.30 3.20
Taiwan 5.16 5.21 5.05
Canada 7.80 8.00 8.00
Mexico 3.52 3.96 3.87
United States 6.20 6.10 6.10
Short-term interest rate
(percent per year)
Euro area 2.13 2.14 2.15
France 2.07 2.09 2.08
Germany 2.11 2.12 2.13
Italy 1.98 2.07 2.08
Netherlands 2.13 2.14 2.15
United Kingdom 3.33 3.49 3.56
Singapore 0.63 0.78 0.72
South Korea 4.15 3.90 3.83
Taiwan 0.85 0.85 0.89
Canada 2.81 2.70 2.60
Mexico 5.27 5.11 5.20
United States 0.90 0.95 0.94
Long-term interest rate
(percent per year)
Euro area 4.06 4.20 4.23
France 4.05 4.24 4.24
Germany 4.00 4.10 4.20
Italy 4.13 4.29 4.31
Netherlands 4.04 4.18 4.21
United Kingdom 4.65 4.68 4.76
Japan 0.96 1.41 1.42
Singapore 3.07 3.72 3.54
South Korea 4.95 5.26 4.77
Taiwan 1.81 2.24 2.77
Canada 4.78 4.96 4.64
United States 3.98 4.45 4.27
Real GDP (percent change from
same quarter a year earlier) (1)
Euro area 0.20
France -0.20
Germany -0.20
Italy 0.30
Netherlands -1.40
United Kingdom 2.10
Japan 1.90
Singapore 1.70
South Korea 2.30
Taiwan 3.69
Canada 1.30
Mexico 0.60
United States 3.50
Stock market prices
(index number)
France 51.28 52.89 50.08
Germany 49.50 49.46 46.22
Italy. 59.16 59.59 58.42
Netherlands 48.13 49.94 46.51
United Kingdom 65.53 65.60 64.50
Japan 56.57 61.19 60.45
Singapore 76.20 78.17 79.71
South Korea 100.99 107.50 98.73
Taiwan 68.85 73.15 72.64
Canada 75.54 78.24 77.24
Mexico 113.01 116.64 120.19
United States 69.75 71.00 70.15
Exchange rate (2)
Euro area ([euro]) 1.1365 1.1155 1.1267
United Kingdom ([pounds sterling]) 1.6221 1.5939 1.6155
Japan ([yen]) 118.70 118.66 114.80
Singapore (S$) 1.7551 1.7533 1.7466
South Korea (W) 1,181.16 1,178.60 1,165.40
Taiwan (NT$) 34.396 34.318 33.995
Canada (Can$) 1.3821 1.3963 1.3634
Mexico (Ps) 10.458 10.783 10.923
United States ($) 118.57 119.93 118.571
2003
Oct. Nov. Dec.
Unemployment rate
(percent) (1)
Euro area 8.80 8.80 8.80
France 9.70 9.60 9.70
Germany 10.50 10.50 10.40
Italy 8.50
Netherlands 5.50 5.80 5.70
United Kingdom 5.00 5.00 4.90
Japan 5.20 5.20 4.90
Singapore 4.50
South Korea 3.30 3.40 3.60
Taiwan 4.92 4.71 4.58
Canada 7.60 7.50 7.40
Mexico 3.63 3.80 2.96
United States 6.00 5.90 5.70
Short-term interest rate
(percent per year)
Euro area 2.14 2.16 2.15
France 2.08 2.08 2.08
Germany 2.13 2.15 2.13
Italy 2.08 2.14 2.10
Netherlands 2.14 2.16 2.15
United Kingdom 3.78 3.82 3.86
Singapore 0.76 0.63 0.71
South Korea 3.93 4.23 4.34
Taiwan 0.88 0.93 1.01
Canada 2.65 2.71 2.59
Mexico 5.38 5.23 6.18
United States 0.92 0.93 0.90
Long-term interest rate
(percent per year)
Euro area 4.31 4.44 4.36
France 4.34 4.48 4.36
Germany 4.20 4.40 4.30
Italy 4.38 4.51 4.46
Netherlands 4.27 4.41 4.33
United Kingdom 4.88 4.95 4.83
Japan 1.44 1.33 1.33
Singapore 3.95 4.03 3.75
South Korea 4.87 5.35 5.43
Taiwan 2.78 2.87 2.80
Canada 4.85 4.79 4.66
United States 4.29 4.30 4.27
Real GDP (percent change from
same quarter a year earlier) (1)
Euro area 0.70
France 1.00
Germany 0.20
Italy 0.10
Netherlands -0.50
United Kingdom 2.50
Japan 3.10
Singapore 4.90
South Korea 4.10
Taiwan 5.58
Canada 1.70
Mexico 2.00
United States 4.40
Stock market prices
(index number)
France 53.88 54.71 56.83
Germany 51.89 53.16 56.28
Italy. 61.28 63.69 63.08
Netherlands 50.06 50.36 51.19
United Kingdom 67.59 68.46 70.58
Japan 62.46 61.54 63.16
Singapore 84.26 83.78 86.25
South Korea 110.74 114.28 114.75
Taiwan 78.25 74.71 76.25
Canada 80.90 81.80 85.57
Mexico 123.92 131.44 135.14
United States 74.08 74.54 78.32
Exchange rate (2)
Euro area ([euro]) 1.1714 1.1710 1.2298
United Kingdom ([pounds sterling]) 1.6792 1.6897 1.7516
Japan ([yen]) 109.50 109.18 107.74
Singapore (S$) 1.7345 1.7282 1.7107
South Korea (W) 1,169.34 1,186.39 1,192.34
Taiwan (NT$) 33.875 34.036 34.056
Canada (Can$) 1.3221 1.3130 1.3138
Mexico (Ps) 11.180 11.149 11.251
United States ($) 116.21 116.07 114.51
2004
Jan. Feb. March
Unemployment rate
(percent) (1)
Euro area 8.80 8.80 8.90
France 9.60 9.80 9.80
Germany 10.30 10.30 10.40
Italy 8.50
Netherlands 6.10 6.10 6.40
United Kingdom 4.90 4.80 4.80
Japan 5.00 5.00 4.70
Singapore 4.50
South Korea 3.70 3.90 3.80
Taiwan 4.53 4.61 4.45
Canada 7.40 7.40 7.50
Mexico 3.81 3.92 3.86
United States 5.60 5.60 5.70
Short-term interest rate
(percent per year)
Euro area 2.09 2.07 2.03
France 2.05 2.03 1.97
Germany 2.07 2.05 2.01
Italy 2.02 1.99 1.93
Netherlands 2.09 2.07 2.03
United Kingdom 3.96 4.07 4.19
Singapore 0.77 0.68 0.65
South Korea 4.26 4.08 3.93
Taiwan 0.96 0.91 0.94
Canada 2.26 2.13 1.99
Mexico 5.11 5.63 6.28
United States 0.88 0.93 0.94
Long-term interest rate
(percent per year)
Euro area 4.26 4.18 4.02
France 4.22 4.24 4.01
Germany 4.20 4.10 3.90
Italy 4.32 4.34 4.17
Netherlands 4.18 4.12 3.93
United Kingdom 4.75 4.78 4.67
Japan 1.33 1.21 1.42
Singapore 3.39 3.36 3.07
South Korea 5.42 5.43 5.25
Taiwan 2.62 2.70 2.33
Canada 4.61 4.41 4.33
United States 4.15 4.06 3.83
Real GDP (percent change from
same quarter a year earlier) (1)
Euro area 1.80
France 1.80
Germany 1.50
Italy 0.80
Netherlands 1.20
United Kingdom 3.00
Japan 5.90
Singapore 7.50
South Korea 5.20
Taiwan 6.52
Canada 1.70
Mexico 3.70
United States 5.00
Stock market prices
(index number)
France 58.12 59.67 59.88
Germany 57.60 57.14 57.54
Italy. 65.10 66.05 66.28
Netherlands 53.56 54.24 54.37
United Kingdom 69.22 70.82 71.53
Japan 63.79 66.67 66.67
Singapore 90.05 92.78 92.47
South Korea 120.10 125.04 125.04
Taiwan 82.53 88.24 89.17
Canada 88.69 92.02 92.37
Mexico 144.88 153.54 156.07
United States 79.67 80.93 81.42
Exchange rate (2)
Euro area ([euro]) 1.2638 1.2640 1.2261
United Kingdom ([pounds sterling]) 1.8255 1.8673 1.8261
Japan ([yen]) 106.27 106.71 108.52
Singapore (S$) 1.6965 1.6869 1.6996
South Korea (W) 1,183.35 1,167.53 1,166.29
Taiwan (NT$) 33.669 33.214 33.252
Canada (Can$) 1.2958 1.3299 1.3286
Mexico (Ps) 10.920 11.032 11.019
United States ($) 112.54 113.10 114.26
2004
April May June
Unemployment rate (percent)
Euro area 9.00 9.00 9.00
France 9.80 9.80 9.90
Germany 10.50 10.50 10.50
Italy 8.50
Netherlands 6.40 6.50 6.40
United Kingdom 4.70 4.70 4.70
Japan 4.70 4.60 4.60
Singapore 4.50
South Korea 3.40 3.30 3.50
Taiwan 4.36 4.41 4.54
Canada 7.30 7.40 7.30
Mexico 3.58 3.48 3.78
United States 5.64 5.60 5.60
Short-term interest rate
(percent per year)
Euro area 2.05 2.09 2.11
France 2.00 2.04 2.05
Germany 2.03 2.07 2.09
Italy 1.99 2.08 2.13
Netherlands 2.05 2.09 2.11
United Kingdom 4.26 4.49 4.60
Singapore 0.65 0.75 0.75
South Korea 3.91 3.90 3.91
Taiwan 0.92 0.92 0.96
Canada 1.94 2.02 2.04
Mexico 5.96 7.08 7.26
United States 0.94 1.02 1.27
Long-term interest rate
(percent per year)
Euro area 4.24 4.35 4.41
France 4.23 4.41 4.41
Germany 4.10 4.30 4.30
Italy 4.35 4.49 4.54
Netherlands 4.13 4.37 4.42
United Kingdom 4.87 4.98 5.00
Japan 1.52 1.51 1.81
Singapore 3.26 3.31 3.68
South Korea 5.25 5.16 5.01
Taiwan 2.39 2.68 2.97
Canada 4.71 4.77 4.83
United States 4.35 4.72 4.73
Real GDP (percent change from
same quarter a year earlier) (1)
Euro area 2.30
France 2.80
Germany 2.00
Italy 1.10
Netherlands 1.30
United Kingdom 6.20
Japan 4.20
Singapore 12.50
South Korea 5.50
Taiwan 7.04
Canada 3.00
Mexico 3.90
United States 4.80
Stock market prices
(index number)
France 58.62 58.69 58.62
Germany 55.70 56.56 55.66
Italy. 64.98 66.52 65.08
Netherlands 51.92 51.76 51.12
United Kingdom 69.53 70.78 69.85
Japan 69.11 69.57 66.47
Singapore 91.44 90.04 87.43
South Korea 124.94 122.13 113.78
Taiwan 84.45 79.19 77.38
Canada 90.05 85.81 87.61
Mexico 163.05 152.86 154.21
United States 79.75 77.99 78.94
Stock market prices
(index number)
Euro area ([euro]) 1.1989 1.2000 1.2146
United Kingdom ([pounds sterling]) 1.8031 1.7860 1.8279
Japan ([yen]) 107.66 112.20 109.43
Singapore (S$) 1.6849 1.7124 1.7136
South Korea (W) 1,152.86 1,177.88 1,159.02
Taiwan (NT$) 32.970 33.444 33.568
Canada (Can$) 1.3420 1.3789 1.3578
Mexico (Ps) 11.270 11.520 11.393
United States ($) 115.12 117.08 115.91
2004
July Aug. Sept.
Unemployment rate (percent)
Euro area 9.00 9.00 9.00
France 9.80 9.80 9.90
Germany 10.60 10.60 10.70
Italy 8.50
Netherlands 6.30 6.20 6.10
United Kingdom 4.80 4.80 4.70
Japan 4.90 4.80 4.60
Singapore 4.50
South Korea 3.50 3.60 3.60
Taiwan 4.62 4.67 4.68
Canada 7.20 7.20 7.10
Mexico 3.75 4.35 4.01
United States 5.50 5.40 5.40
Short-term interest rate
(percent per year)
Euro area 2.12 2.11 2.11
France 2.06 2.06 2.07
Germany 2.10 2.09 2.10
Italy 2.10 2.07 2.12
Netherlands 2.12 2.11 2.12
United Kingdom 4.71 4.81 4.93
Singapore 0.91 1.26 1.35
South Korea 3.91 3.70 3.52
Taiwan 0.95 0.98 1.03
Canada 2.08 2.14 2.41
Mexico 7.30 7.50 7.75
United States 1.33 1.48 1.65
Long-term interest rate
(percent per year)
Euro area 4.31 4.15 4.11
France 4.35 4.20 4.13
Germany 4.20 4.10 4.00
Italy 4.44 4.28 4.25
Netherlands 4.31 4.15 4.09
United Kingdom 4.92 4.73 4.56
Japan 1.81 1.59 1.46
Singapore 3.53 3.34 3.29
South Korea 4.88 4.33 4.14
Taiwan 2.78 2.89 2.64
Canada 4.82 4.68 4.58
United States 4.50 4.28 4.11
Real GDP (percent change from
same quarter a year earlier) (1)
Euro area
France
Germany
Italy
Netherlands
United Kingdom 3.00
Japan
Singapore
South Korea
Taiwan
Canada
Mexico
United States 3.90
Stock market prices
(index number)
France 59.63 58.26 57.41
Germany 57.52 55.29 53.72
Italy. 66.85 65.68 64.52
Netherlands 52.32 50.02 48.99
United Kingdom 70.38 69.57 70.30
Japan 70.15 67.00 65.55
Singapore 89.84 92.47 93.77
South Korea 111.22 104.08 113.74
Taiwan 75.59 70.17 74.63
Canada 88.94 87.88 87.19
Mexico 157.98 155.44 157.71
United States 80.35 77.60 77.78
Exchange rate (2)
Euro area ([euro]) 1.2266 1.2191 1.2224
United Kingdom ([pounds sterling]) 1.8438 1.8203 1.7937
Japan ([yen]) 109.49 110.23 110.09
Singapore (S$) 1.7121 1.7145 1.6948
South Korea (W) 1,158.70 1,158.03 1,148.72
Taiwan (NT$) 33.806 34.023 33.893
Canada (Can$) 1.3225 1.3127 1.2881
Mexico (Ps) 11.468 11.395 11.487
United States ($) 115.08 115.26 114.81
(1.) Unemployment and GDP figures are revised regularly.
(2.) Figures for the euro area and for the United Kingdom are in U.S.
dollars per euro and per pound sterling, respectively. The rate for
the United States is a weighted average of the nominal foreign exchange
value of the U.S. dollar against the currencies of a Broad Index group
of major U.S. trading partners from a base of January 1997=100. For
other countries, figures are in currency units per U.S. dollar.
Sources: Exchange rates are from the Board of Governors of the Federal
Reserve System. Indexes of stock marketprices are calculated from data
taken from finance oriented web sites and are rebased to 2000=100 to
facilitate comparisons. Other series are drawn from the web sites of
the statistical agencies of the countries shown. The last two months
are preliminary due to timing of country releases.
NOTE. In 2003, the countries in this table accounted for 62 percent of
the value of U.S. imports of goods and 70 percent of the value of U.S.
exports of goods. The euro area consists of Austria, Belgium, Finland,
France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands,
Portugal, and Spain.
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