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In 1998, Western Europe had almost 1.58 trillion U.S. dollars worth of stocks invested in foreign markets, equal to approximately 39 percent of the global total. This amount of outward FDI was roughly double the share of the other three regions given here, each of which had between 0.76 and 0.88 trillion dollars worth of stock in foreign markets. For the U.S., their share of global FDI stocks was 21 percent, whereas this share had been 49 percent in 1973.