Table 19.2.—Selected Data for Majority-Owned Nonbank Foreign Affiliates, by Country and by Major Industry of Affiliate, 1997

	Millions of dollars												Thousands of employees
	Total assets	Sales				Net income	Capital expenditures	Research and development expenditures	U.S. exports of goods shipped to MOFA's	U.S. imports of goods shipped by MOFA's	Gross product	Compensation of employees
		Total	Goods	Services	Investment income/1/
All countries	2,929,023	1,982,817	1,664,198	272,919	45,700	136,043	88,246	14,075	208,541	166,769	519,306	219,374	6,525.4
Canada	264,643	250,429	217,337	25,600	7,491	12,263	11,041	1,825	68,208	67,482	57,554	28,100	858.3
Europe	1,759,939	1,085,571	906,383	153,247	25,941	73,443	44,184	9,478	55,041	26,766	297,604	130,882	2,988.6
Austria	7,575	13,542	12,297	1,176	69	481	437	117	1,139	165	3,948	1,508	27.5
Belgium	68,082	47,059	41,660	4,657	742	2,572	1,900	310	3,724	1,197	13,350	5,849	102.2
Denmark	7,687	8,216	6,309	1,775	132	282	406	(/D/)	143	168	2,505	1,314	25.8
Finland	3,683	4,989	4,419	499	71	344	199	51	162	139	2,138	601	12.8
France	125,627	121,177	104,330	15,558	1,289	3,792	4,799	1,238	4,899	3,239	37,024	20,464	438.6
Germany	178,062	186,642	164,431	19,876	2,335	6,073	5,676	2,964	8,552	4,299	56,879	30,058	579.0
Greece	2,693	3,936	3,587	284	65	104	97	7	40	(/D/)	1,318	371	11.7
Ireland	56,975	30,138	27,637	1,908	593	8,363	1,418	323	1,535	2,778	12,075	2,083	64.8
Italy	57,373	68,056	61,281	6,473	302	2,003	1,848	569	2,718	1,475	21,741	8,310	187.6
Luxembourg	17,610	3,244	3,126	78	40	2,247	127	(/D/)	240	(/D/)	1,049	396	8.4
Netherlands	164,982	107,838	92,578	11,620	3,640	15,461	2,585	479	6,333	1,992	19,782	7,583	158.3
Norway	15,578	12,933	10,991	1,854	88	1,110	1,760	23	227	135	6,266	1,544	38.1
Portugal	5,752	8,107	6,941	1,110	56	454	423	39	158	106	2,619	761	31.5
Spain	30,642	40,634	37,181	3,194	259	1,762	1,479	176	1,492	711	9,690	5,462	143.0
Sweden	16,430	16,657	13,375	3,151	131	1,056	628	375	511	419	4,630	2,345	45.4
Switzerland	92,514	66,901	61,500	4,430	971	9,139	739	230	6,101	1,330	8,449	3,668	47.9
Turkey	3,859	6,996	6,695	289	12	111	403	6	190	83	2,033	403	21.8
United Kingdom	884,647	320,377	231,091	74,340	14,946	17,285	17,296	2,310	16,480	8,297	87,916	36,754	897.0
Other	20,169	18,128	16,954	975	199	803	1,963	56	398	162	4,191	1,410	147.1
Latin America and Other Western Hemisphere	359,685	213,155	178,377	29,687	5,091	22,671	11,388	667	34,768	35,703	60,579	21,445	1,229.1
South America	134,732	113,362	98,513	13,477	1,372	7,929	8,331	522	9,291	4,112	40,783	14,633	570.2
Argentina	26,902	19,932	16,498	3,207	227	1,037	1,688	43	1,559	173	6,762	2,388	81.1
Brazil	66,995	58,685	52,824	5,185	676	4,149	3,761	437	4,270	2,643	23,590	8,837	300.9
Chile	15,225	9,119	7,415	1,425	279	958	630	7	630	440	2,823	794	40.3
Colombia	7,728	8,913	8,196	626	91	511	553	12	759	139	2,509	918	44.3
Ecuador	1,517	1,497	1,205	267	25	6	127	1	101	301	238	103	11.0
Peru	4,957	3,718	3,351	343	24	462	488	10	368	201	1,402	341	15.2
Venezuela	9,637	9,612	7,257	2,312	43	748	948	11	1,493	102	2,812	1,056	69.3
Other	1,769	1,887	1,766	111	10	56	135	1	111	112	647	196	8.2
Central America	69,432	64,651	60,596	3,576	479	5,288	2,441	137	23,974	27,506	13,559	5,870	613.1
Costa Rica	2,946	2,235	2,194	41	0	302	61	4	193	779	553	182	25.7
Guatemala	790	1,237	1,171	58	8	53	48	1	135	93	299	102	11.2
Honduras	700	1,212	1,088	122	2	-8	56	(*)	243	173	304	136	24.3
Mexico	40,821	56,360	52,856	3,058	446	3,845	2,172	132	22,789	26,275	12,009	5,220	530.7
Panama	23,482	2,285	1,999	265	21	1,041	54	1	528	127	102	171	15.0
Other	695	1,322	1,288	33	1	55	50	(*)	86	60	293	59	6.1
Other Western Hemisphere	155,521	35,141	19,268	12,635	3,238	9,454	615	8	1,503	4,085	6,236	942	45.8
Bahamas	2,038	872	786	78	8	205	7	(*)	70	(/D/)	177	39	1.5
Barbados	4,183	1,743	664	930	149	752	4	0	67	5	811	43	3.3
Bermuda	97,575	16,576	5,051	9,119	2,406	5,221	81	(*)	339	(/D/)	2,322	280	7.6
Dominican Republic	1,690	1,824	(/D/)	(/D/)	(/D/)	367	65	0	180	192	749	148	18.6
Jamaica	3,302	1,440	1,370	67	3	157	75	(*)	197	198	379	118	4.8
Netherlands Antilles	11,517	392	69	58	265	258	11	0	8	(*)	-110	9	0.3
Trinidad and Tobago	2,021	994	891	95	8	56	273	0	(/D/)	(/D/)	622	56	3.3
United Kingdom Islands, Caribbean	30,462	6,554	4,465	1,694	395	2,379	52	8	388	2,778	1,066	168	4.3
Other	2,734	4,746	(/D/)	(/D/)	(/D/)	59	45	0	(/D/)	(/D/)	220	80	2.2
Africa	30,729	22,795	20,474	2,186	136	2,017	3,404	26	705	2,618	8,875	1,809	108.6
Egypt	3,188	2,843	2,457	386	0	266	490	1	51	(/D/)	921	160	11.9
Nigeria	6,377	4,494	4,278	216	0	717	806	(*)	130	(/D/)	2,972	170	8.3
South Africa	7,069	7,024	5,998	1,003	23	282	306	22	278	30	1,758	935	50.0
Other	14,095	8,434	7,740	582	112	753	1,801	2	246	1,406	3,224	543	38.4
Middle East	15,018	9,571	7,098	2,399	74	1,046	918	209	503	689	4,322	1,420	42.9
Israel	3,842	3,236	2,587	642	7	162	289	209	203	(/D/)	956	640	28.5
Saudi Arabia	4,548	1,157	147	996	14	181	33	(*)	26	0	403	383	6.5
United Arab Emirates	1,658	2,391	2,034	334	23	177	79	(*)	142	4	1,160	178	3.7
Other	4,971	2,787	2,330	427	30	526	516	0	132	(/D/)	1,802	218	4.3
Asia and Pacific	485,708	396,610	334,529	55,114	6,968	23,858	16,961	1,870	49,312	33,511	88,943	35,350	1,285.7
Australia	71,847	55,615	44,729	9,986	900	3,630	3,575	365	4,690	1,249	18,933	7,831	227.8
China	14,286	11,898	11,133	741	24	1,017	1,568	35	1,226	1,316	3,099	1,008	135.8
Hong Kong	53,686	47,623	39,755	6,462	1,406	2,605	1,331	84	9,820	5,184	7,133	3,101	111.1
India	3,584	2,604	2,338	227	39	15	302	22	162	85	671	208	38.4
Indonesia	16,074	9,282	8,675	567	40	1,473	1,556	5	446	400	5,378	592	51.3
Japan	200,017	114,113	88,181	23,126	2,806	4,330	2,138	1,087	15,431	2,130	25,038	13,243	178.3
Korea, Republic of	5,275	9,055	7,638	1,326	91	313	360	42	2,030	221	2,273	977	31.8
Malaysia	16,326	18,620	16,958	1,479	183	2,024	1,456	32	3,020	4,686	4,912	1,228	132.3
New Zealand	13,661	8,131	6,906	1,077	148	1,459	562	18	301	39	3,119	1,329	35.1
Philippines	7,298	7,640	6,952	591	97	560	459	12	1,319	1,029	2,104	523	57.5
Singapore	48,696	79,705	75,444	3,891	370	4,654	1,845	73	6,985	14,988	9,087	2,911	110.5
Taiwan	18,353	15,596	10,997	3,971	628	990	442	87	2,355	1,454	2,921	1,425	62.6
Thailand	12,477	14,641	13,012	1,412	217	682	893	5	1,473	712	3,437	790	97.9
Other	4,129	2,087	1,812	259	16	104	474	1	54	18	838	185	15.4
International/2/	13,301	4,686	0	4,686	0	745	350	0	4	0	1,429	369	12.1
By major industry
Petroleum	235,862	288,059	274,086	13,973	0	15,249	20,044	138	4,898	13,384	110,818	9,222	180.6
Manufacturing	744,753	942,604	922,888	19,169	548	55,773	39,698	12,114	133,109	139,131	256,442	124,098	3,880.2
Food and kindred products	81,770	103,895	103,575	319	1	7,333	3,456	362	2,582	3,089	25,579	10,743	376.6
Chemicals and allied products	194,030	184,902	184,809	93	0	16,233	9,588	4,047	15,819	10,146	52,987	22,487	550.5
Primary and fabricated metals	38,761	36,244	36,010	233	1	1,757	1,454	125	2,579	3,735	11,549	6,750	204.8
Industrial machinery and equipment	108,997	159,921	(/D/)	(/D/)	(/D/)	8,456	4,341	993	20,300	29,075	37,318	21,523	563.1
Electronic and other electric equipment	76,906	102,909	(/D/)	(/D/)	(/D/)	6,469	5,263	1,271	22,356	24,312	26,183	13,817	718.9
Transportation equipment	103,658	203,317	202,037	1,271	9	6,264	8,703	3,847	54,920	56,795	43,471	22,564	609.9
Other manufacturing	140,630	151,417	150,132	1,270	15	9,261	6,893	1,468	14,553	11,979	59,355	26,215	856.4
Wholesale trade	217,076	401,744	386,454	15,133	157	14,837	5,038	737	64,397	12,278	56,446	26,072	556.0
Finance (except depository institutions), insurance, and real estate	1,440,860	127,013	222	81,936	44,855	41,227	3,574	(/D/)	22	1	21,441	12,205	199.4
Services	133,758	112,823	15,580	97,103	141	6,446	8,596	962	2,411	298	44,292	31,266	842.5
Other industries	156,715	110,574	64,968	45,606	0	2,509	11,297	(/D/)	3,704	1,677	29,866	16,511	866.8

* Less than $500,000.

D Suppressed to avoid disclosure of data of individual companies.

1. See footnote 1 to table 17.1.

2. See footnote 1 to table 9.

MOFA Majority-owned foreign affiliate