Financial Accounts of the United States - Z.1
S11.1.i.a Nonfinancial corporate business 🕮 PDF
| Line | Description | Series | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current account | ||||||||||
| Line 1 | Gross value added | FA106902501 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Less: Consumption of fixed capital | FA106300003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Equals: Net value added | FA106902605 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Compensation of employees (paid) | FA106025005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Wages and salaries | FA106020001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Employers' social contributions | FA106401001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Taxes on production and imports less subsidies | FA106240101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Operating surplus, net | FA106402101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Net national income/Balance of primary incomes, net | FA106140005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Operating surplus, net | FA106402101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Property income (received) | FA106150105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Interest | FA106130101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Distributed income of corporations (dividends) | FA106121101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Reinvested earnings on U.S. direct investment abroad | FA103092201 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Less: Uses of property income (paid) | FA106150005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Interest | FA106130001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Distributed income of corporations (dividends) | FA106121001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Reinvested earnings on foreign direct investment | FA103192201 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Rent | FA106112001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Net national income/Balance of primary incomes, net | FA106140005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Less: Current taxes on income, wealth, etc. (paid) | FA106220001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Less: Other current transfers (paid) | FA106403001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Equals: Disposable income, net | FA106012095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Equals: Net saving | FA106012095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Capital account | ||||||||||
| Line 25 | Net saving less capital transfers | FA106006385 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Net saving | FA106012095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Less: Capital transfers paid (net) | FA105440005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Capital formation, net | FA105050985 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Gross fixed capital formation (acquisition of produced nonfinancial assets) | FA105019085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Less: Consumption of fixed capital | FA106300003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Acquisition of nonproduced nonfinancial assets | FA105420095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Change in private inventories | FA105020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Net lending (+) or borrowing (-), capital account (lines 25-28) | FA105000905 | -- | -- | -- | -- | -- | -- | -- | -- |
| Financial account | ||||||||||
| Line 34 | Net lending (+) or borrowing (-) (line 33) | FA105000905 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Net acquisition of financial assets | FA104090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Currency and deposits | FA104000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Currency and transferable deposits | FA103020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Time and savings deposits | FA103030003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Other deposits | FA103091003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 40 | Debt securities | FA104022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 41 | Open market paper | FA103069100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 42 | Treasury securities | FA103061103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 43 | Agency- and GSE-backed securities(2) | FA103061703 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 44 | Municipal securities | FA103062003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 45 | Corporate and foreign bonds (held by equity REITs) | FA123063003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 46 | Loans | FA104035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 47 | Short-term | FA104041005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 48 | Long-term (mortgages) | FA103065005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 49 | Equity and investment fund shares | FA103081005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 50 | Corporate equities | FA103064103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 51 | Money market fund shares | FA103034000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 52 | Mutual fund shares | FA103064203 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 53 | U.S. direct investment abroad: equity | FA103092105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 54 | Equity in government-sponsored enterprises(2) | FA103092405 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 55 | Insurance, pension and standardized guarantee schemes(3) | FA103076005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 56 | Other accounts receivable | FA103096005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 57 | Trade receivables | FA103070005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 58 | U.S. direct investment abroad: debt | FA103092305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 59 | PPP subsidies receivable | FA103072005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 60 | Other investment in finance company subsidiaries | FA103094705 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 61 | Tariff refund receivable | FA103090603 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 62 | Other (miscellaneous assets) | FA103093005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 63 | Net incurrence of liabilities | FA104194005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 64 | Debt securities | FA104122005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 65 | Open market paper | FA103169100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 66 | Municipal securities | FA103162000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 67 | Corporate bonds | FA103163005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 68 | Loans | FA104135005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 69 | Short-term | FA104141005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 70 | Depository institution loans n.e.c. | FA103168005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 71 | Private credit loans | FA103167205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 72 | Other loans and advances | FA103169005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 73 | Long-term (mortgages) | FA103165005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 74 | Equity and investment fund shares | FA103181005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 75 | Corporate equities | FA103164105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 76 | Foreign direct investment in the U.S.: equity | FA103192105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 77 | Insurance, pension and standardized guarantee schemes | FA103152025 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 78 | Pension fund contributions payable | FA573074005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 79 | Claim of pension fund on sponsor | FA573073005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 80 | Other accounts payable | FA103196005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 81 | Trade payables | FA103170005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 82 | Taxes payable | FA103178005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 83 | Foreign direct investment in the U.S.: debt | FA103192305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 84 | Miscellaneous liabilities | FA103193005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Addendum: | ||||||||||
| Line 85 | Net lending (+) or borrowing (-), financial account (lines 35-63) | FA105000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Other changes in volume account | ||||||||||
| Line 86 | Total other volume changes | FV108090105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 87 | Disaster losses | FV102010005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 88 | Other volume changes | FV108090085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 89 | Less: Statistical discrepancy (lines 33-85)(4) | FU107005045 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 90 | Less: Inventory valuation adjustment | FU105020601 | -- | -- | -- | -- | -- | -- | -- | -- |
| Revaluation account | ||||||||||
| Line 91 | Nonfinancial assets | FR102010005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 92 | Real estate | FR105035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 93 | Equipment | FR105015205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 94 | Intellectual property products | FR105013765 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 95 | Inventories | FR105020015 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 96 | Financial assets | FR104090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 97 | Debt securities | FR104022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 98 | Corporate equities | FR103064103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 99 | Mutual fund shares | FR103064203 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 100 | U.S. direct investment abroad: equity | FR103092105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 101 | U.S. direct investment abroad: debt | FR103092305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 102 | Other accounts receivable (miscellaneous assets) | FR103093005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 103 | Liabilities | FR104194005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 104 | Corporate equity | FR103164105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 105 | Foreign direct investment in the U.S.: equity | FR103192105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 106 | Insurance, pension and standardized guarantee schemes | FR103152025 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 107 | Foreign direct investment in the U.S.: debt | FR103192305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 108 | Other accounts payable (miscellaneous liabilities) | FR103193005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 109 | Changes in net worth due to nominal holding gains/losses | FR102090095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Changes in balance sheet account | ||||||||||
| Line 110 | Change in net worth (lines 28+33+86+109)(5) | FC102090095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Balance sheet account (end of period) | ||||||||||
| Line 111 | Total assets | FL102000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 112 | Nonfinancial assets(6) | LM102010005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 113 | Real estate | LM105035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 114 | Equipment | LM105015205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 115 | Intellectual property products | LM105013765 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 116 | Inventories | LM105020015 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 117 | Financial assets | FL104090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 118 | Currency and deposits | FL104000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 119 | Currency and transferable deposits | FL103020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 120 | Time and savings deposits | FL103030003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 121 | Other deposits | FL103091003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 122 | Debt securities | LM104022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 123 | Open market paper | FL103069100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 124 | Treasury securities | LM103061103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 125 | Agency- and GSE-backed securities(2) | LM103061703 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 126 | Municipal securities | LM103062003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 127 | Corporate and foreign bonds (held by equity REITs) | LM123063003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 128 | Loans | FL104035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 129 | Short-term | FL104041005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 130 | Security repurchase agreements | FL102051003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 131 | Consumer credit | FL103066003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 132 | Long-term (mortgages) | FL103065005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 133 | Equity and investment fund shares | FL103081005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 134 | Corporate equities | LM103064103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 135 | Money market fund shares | FL103034000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 136 | Mutual fund shares | LM103064203 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 137 | U.S. direct investment abroad: equity | LM103092105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 138 | Equity in government-sponsored enterprises(2) | FL103092405 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 139 | Insurance, pension and standardized guarantee schemes(3) | FL103076005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 140 | Other accounts receivable | FL103096005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 141 | Trade receivables | FL103070005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 142 | U.S. direct investment abroad: debt | FL103092305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 143 | PPP subsidies receivable | FL103072005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 144 | Other investment in finance company subsidiaries | FL103094705 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 145 | Tariff refund receivable | FL103090603 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 146 | Other (miscellaneous assets) | FL103093005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 147 | Total liabilities and net worth | FL102100085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 148 | Liabilities | FL104194005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 149 | Debt securities | FL104122005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 150 | Open market paper | FL103169100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 151 | Municipal securities | FL103162000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 152 | Corporate bonds | FL103163005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 153 | Loans | FL104135005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 154 | Short-term | FL104141005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 155 | Depository institution loans n.e.c. | FL103168005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 156 | Private credit loans | FL103167205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 157 | Other loans and advances | FL103169005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 158 | Long-term (mortgages) | FL103165005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 159 | Equity and investment fund shares | FL103181005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 160 | Corporate equity | LM103164105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 161 | Foreign direct investment in the U.S.: equity | FL103192105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 162 | Insurance, pension and standardized guarantee schemes | FL103152025 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 163 | Pension fund contributions payable | FL573074005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 164 | Claim of pension fund on sponsor | FL573073005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 165 | Other accounts payable | FL103196005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 166 | Trade payables | FL103170005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 167 | Taxes payable | FL103178005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 168 | Foreign direct investment in the U.S.: debt | LM103192305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 169 | Miscellaneous liabilities | FL103193005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 170 | Net worth | FL102090095 | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.
- Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.
- Net equity in reserves of property-casualty insurance companies.
- The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.
- Includes changes in the market value of shares and other equity that are excluded from the related measures for the nonfinancial corporate business sector in the Financial Accounts of the United States.
- Excludes nonproduced nonfinancial assets.
Last Update: August 28, 2026