Jl he united states through its corporations and individuals has invested over $30,000,000,000 throughout the world. The total figure in 1959 was $29,735,000,000 and the distribution of these corporate and private invest ments was as follows:

AMERICAN INVESTMENTS ABROAD, 1959 (BY AREA)

Canada $10,171,000,000

Latin America 8,218,000,000

European Dependencies in Latin America 772,000,000

Europe 5,300,000,000

Africa 843,000,000

Asia 2,236,000,000

Australia and New Zealand 876,000,000

Other 1,319,000,000 ——————————————————————————–

Total $29,735,000,000

By industry this is the way the total breaks down:

AMERICAN INVESTMENTS ABROAD, 1959 (BY INDUSTRY)

Mining and Smelting $2,858,000,000

Petroleum 10,423,000,000

Manufacturing 9,692,000,000

Public Utilities 2,413,000,000

Trade 2,039,000,000

Other 2,310,000,000 ——————————————————————————–

Total $29,735,000,000

In the year 1950 this was the breakdown of private investments of U. S. corporations and individuals abroad:

AMERICAN INVESTMENTS ABROAD, 1950 (BY AREA)

Canada $3,579,000,000

Latin America 4,445,000,000

European Dependencies in Latin America 131,000,000

Europe 1,733,000,000

Africa 287,000,000

Asia 1,001,000,000

Australia and New Zealand 256,000,000

Other 356,000,000 ——————————————————————————–

Total 11,788,000,000

Between 1950 and 1959 American investment abroad had increased to 2 times its size at the beginning of the period, and increases were pretty well scattered throughout the world. The point to be made in this presentation is that the American investment abroad is very substantial and has been growing. The owners of the $30,000,000,000 who invested apparently feel that the investment is sound. Otherwise it would not have been made. Investment - Read More.