Financial Accounts of the United States - Z.1
S1311.i.a Federal government 🕮 PDF
Billions of dollars
| Line | Description | Series | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current account | ||||||||||
| Line 1 | Gross value added | FA316902505 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Less: Consumption of fixed capital | FA316300001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Equals: Net value added | FA316902605 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Compensation of employees (paid) | FA316025001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Wages and salaries | FA316020001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Employers' social contributions | FA316401005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Operating surplus, net | FA316402101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Net national income/Balance of primary incomes, net | FA316140005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Operating surplus, net | FA316402101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Taxes on production and imports, receivable | FA316240001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Subsidies (paid) | FA316402015 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Property income (received) | FA316150195 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Interest | FA316130101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Distributed income of corporations (dividends) | FA316121185 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Rents on land and natural resources | FA316112101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Less: Uses of property income (interest paid) | FA316130095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Net national income/Balance of primary incomes, net | FA316140005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Plus: Current taxes on income, wealth, etc. (received) | FA316220001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Plus: Social benefits (received) | FA316601001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Less: Social contributions (paid) | FA316404001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Plus: Other current transfers (received) | FA316403105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Less: Other current transfers (paid) | FA316403001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Equals: Disposable income, net | FA316012005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Less: Final consumption expenditures | FA316901001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | Equals: Net saving | FA316006085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Capital account | ||||||||||
| Line 26 | Net saving less capital transfers | FA316006385 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Net saving | FA316006085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Less: Capital transfers paid (net) | FA315440005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Capital formation, net | FA315050905 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Gross fixed capital formation (acquisition of produced nonfinancial assets) | FA315019001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Less: Consumption of fixed capital | FA316300001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Acquisition of nonproduced nonfinancial assets | FA315420003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Net lending (+) or borrowing (-), capital account (lines 26-29) | FA315000995 | -- | -- | -- | -- | -- | -- | -- | -- |
| Financial account | ||||||||||
| Line 34 | Net lending (+) or borrowing (-) (line 33) | FA315000995 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Net acquisition of financial assets | FA314090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Monetary gold and SDRs | FA313011105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Monetary gold | FA313011203 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | SDR holdings | FA313011303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Currency and deposits | FA314000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 40 | Currency and transferable deposits | FA313020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 41 | Time and savings deposits | FA313030003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 42 | Other deposits | FA313030505 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 43 | Debt securities | FA314022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 44 | Agency- and GSE-backed securities | FA313061703 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 45 | Corporate and foreign bonds | FA313063005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 46 | Loans | FA314035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 47 | Short-term | FA314041005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 48 | Repurchase agreements (official reserves) | FA313011545 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 49 | Consumer credit | FA313066220 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 50 | Other loans and advances | FA313069005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 51 | Long-term (mortgages) | FA313065005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 52 | Equity and investment fund shares | FA313081105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 53 | Corporate equities | FA313064105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 54 | Equity in international organizations | FA313092803 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 55 | Equity in government-sponsored enterprises | FA313092403 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 56 | Equity investment under Public-Private Inv. Program | FA313094303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 57 | Equity investment in Federal Reserve facilities | FA313094205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 58 | Other accounts receivable | FA313096005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 59 | Trade receivables | FA313070000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 60 | Taxes receivable | FA313078000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 61 | Net incurrence of liabilities | FA314190005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 62 | SDR allocations | FA313111303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 63 | Currency and deposits | FA314100005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 64 | Debt securities | FA314122005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 65 | Treasury securities | FA313161105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 66 | Federal agency securities | FA313161705 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 67 | Loans | FA314135005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 68 | Insurance, pension and standardized guarantee schemes | FA313152005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 69 | Insurance reserves | FA313140003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 70 | Retiree Health Care Funds | FA313195105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 71 | Claims of pension fund on sponsor | FA343073045 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 72 | Other accounts payable | FA313196005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 73 | Gold certificates | FA713011203 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 74 | SDR certificates | FA713014003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 75 | Trade payables | FA313170005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 76 | PPP subsidies payable | FA313172003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 77 | Tariff refund payable | FA313190603 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 78 | Other (miscellaneous liabilities) | FA313193005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Addendum: | ||||||||||
| Line 79 | Net lending (+) or borrowing (-), financial account (lines 35-61) | FA315000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Other changes in volume account | ||||||||||
| Line 80 | Total other volume changes | FV318090185 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 80 | Disaster losses | FV312010095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 81 | Other volume changes | FV318090085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 82 | Less: Statistical discrepancy (lines 33-79) | FU317005045 | -- | -- | -- | -- | -- | -- | -- | -- |
| Revaluation account | ||||||||||
| Line 83 | Nonfinancial assets | FR312010095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 84 | Structures | FR315015605 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 85 | Equipment | FR315013265 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 86 | Intellectual property products | FR315013765 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 87 | Financial assets | FR314090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 88 | Monetary gold and SDRs | FR313011105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 89 | Currency and deposits | FR314000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 90 | Debt securities (foreign bonds) | FR313063005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 91 | Loans (short-term) | FR314041005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 92 | Corporate equities | FR313064105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 93 | Equity investment under Public-Private Inv. Program | FR313094303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 94 | Liabilities | FR314190005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 95 | SDR allocations | FR313111303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 96 | Other accounts payable | FR313190015 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 97 | Changes in net worth due to nominal holding gains/losses | FR312090095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Changes in balance sheet account | ||||||||||
| Line 98 | Change in net worth (lines 29+33+80+98) | FC312090095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Balance sheet account (end of period) | ||||||||||
| Line 99 | Total assets | FL312000095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 100 | Nonfinancial assets | LM312010095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 101 | Structures | LM315015605 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 102 | Equipment | LM315013265 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 103 | Intellectual property products | LM315013765 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 104 | Financial assets | FL314090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 105 | Monetary gold and SDRs | FL313011105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 106 | Monetary gold | LM313011203 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 107 | SDR holdings | LM313011303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 108 | Currency and deposits | FL314000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 109 | Currency and transferable deposits | FL313020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 110 | Time and savings deposits | FL313030003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 111 | Other deposits | FL313030505 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 112 | Debt securities | FL314022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 113 | Agency- and GSE-backed securities | FL313061703 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 114 | Corporate and foreign bonds | FL313063005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 115 | Loans | FL314035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 116 | Short-term | FL314041005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 117 | Repurchase agreements (official reserves) | LM313011545 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 118 | Consumer credit | FL313066220 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 119 | Other loans and advances | FL313069005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 120 | Long-term (mortgages) | FL313065005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 121 | Equity and investment fund shares | FL313081105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 122 | Corporate equities | LM313064105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 123 | Equity in international organizations | FL313092803 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 124 | Equity in government-sponsored enterprises | FL313092403 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 125 | Equity investment under Public-Private Inv. Program | LM313094303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 126 | Equity investment in Federal Reserves facilities | FL313094205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 127 | Other accounts receivable | FL313096005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 128 | Trade receivables | FL313070000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 129 | Taxes receivable | FL313078000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 130 | Total liabilities and net worth | FL312000095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 131 | Liabilities | FL314190005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 132 | SDR allocations | FL313111303 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 133 | Currency and deposits | FL314100005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 134 | Debt securities | FL314122005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 135 | Treasury securities | FL313161105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 136 | Federal agency securities | FL313161705 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 137 | Loans | FL314135005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 138 | Insurance, pension and standardized guarantee schemes | FL313152005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 139 | Insurance reserves | FL313140003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 140 | Retiree Health Care Funds | FL313195105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 141 | Claims of pension fund on sponsor | FL343073045 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 142 | Other accounts payable | FL313196005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 143 | Gold certificates | FL713011203 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 144 | SDR certificates | FL713014003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 145 | Trade payables | FL313170005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 146 | PPP subsidies payable | FL313172003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 147 | Tariff refund payable | FL313190603 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 148 | Other (miscellaneous liabilities) | FL313193013 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 149 | Net worth | FL312090095 | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- The federal government sector excludes federal government employee pension funds.
- 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 the 2004:Q4.
- 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.
- Excludes land and nonproduced nonfinancial assets.
Last Update: 2026-05-22