Financial Accounts of the United States - Z.1
S11.2.i.q Nonfinancial noncorporate business 🕮 PDF
Billions of dollars
| Line | Description | Series | 2024:Q2 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current account | ||||||||||
| Line 1 | Gross value added | FA116902505 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Less: Consumption of fixed capital | FA116300001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Equals: Net value added | FA116902605 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Compensation of employees (paid) | FA116025001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Taxes on production and imports less subsidies | FA116240101 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Operating surplus, net | FA116402105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Net national income/Balance of primary incomes, net | FA116140001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Operating surplus, net | FA116402105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Property income received, net | FA116150175 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Net national income/Balance of primary incomes, net | FA116140001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Less: Other current transfers (paid) | FA116403001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Equals: Disposable income, net | FA116012005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Equals: Net saving | FA116012005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Capital account | ||||||||||
| Line 14 | Net saving less capital transfers | FA116006305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Net saving | FA116012005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Less: Capital transfers paid (net) | FA115440005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Capital formation, net | FA115050985 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Gross fixed capital formation | FA115019085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Nonresidential | FA115013085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Residential | FA115012005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Less: Consumption of fixed capital | FA116300001 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Change in private inventories | FA115020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Net lending (+) or borrowing (-), capital account (lines 14-17) | FA115000905 | -- | -- | -- | -- | -- | -- | -- | -- |
| Financial account | ||||||||||
| Line 24 | Net lending (+) or borrowing (-) (line 23) | FA115000905 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | Net acquisition of financial assets | FA114090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Currency and deposits | FA114000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Currency and transferable deposits | FA113020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Time and savings deposits | FA113030003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Debt securities | FA114022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Treasury securities | FA113061003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Municipal securities | FA113062003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Loans | FA114035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Short-term (consumer credit) | FA113066003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | Long-term (mortgages) | FA113065005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Equity and investment fund shares | FA113081005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Money market fund shares | FA113034003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Equity in government-sponsored enterprises | FA113092405 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Insurance, pension and standardized guarantee schemes | FA113076005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Other accounts receivable | FA113096005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 40 | Trade receivables | FA113070003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 41 | PPP subsidies receivable | FA113072003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 42 | Other (miscellaneous assets) | FA113093005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 43 | Net incurrence of liabilities | FA114194005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 44 | Loans | FA114135005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 45 | Short-term | FA114141005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 46 | Depository institution loans n.e.c. | FA113168005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 47 | Other loans and advances | FA113169005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 48 | Long-term (mortgages) | FA113165005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 49 | Equity and investment fund shares | FA113181005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 50 | Equity in noncorporate business | FA112090205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 51 | Foreign direct investment in the U.S.: equity | FA115114103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 52 | Other accounts payable | FA113196005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 54 | Trade payables | FA113170005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 55 | Taxes payable | FA113178003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 53 | Foreign direct investment in the U.S.: debt | FA115114305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 56 | Other (miscellaneous liabilities) | FA113193003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Addendum: | ||||||||||
| Line 57 | Net lending (+) or borrowing (-), financial account (lines 25-43) | FA115000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Other changes in volume account | ||||||||||
| Line 58 | Total other volume changes | FV118090105 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 59 | Disaster losses | FV112010005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 60 | Other volume changes | FV118090085 | -- | -- | -- | -- | -- | -- | -- | -- |
| Revaluation account | ||||||||||
| Line 61 | Nonfinancial assets | FR112010005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 62 | Real estate | FR115035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 63 | Residential | FR115035023 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 64 | Nonresidential | FR115035035 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 65 | Equipment | FR115015205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 66 | Residential | FR115012265 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 67 | Nonresidential | FR115013265 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 68 | Intellectual property products | FR115013765 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 69 | Inventories | FR115020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 70 | Financial assets (debt securities) | FR114022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 71 | Liabilities | FR114194005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 73 | Equity in noncorporate business | FR112090205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 74 | Direct investment in the U.S.: equity | FR115114103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 72 | Direct investment in the U.S.: debt | FR115114305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 75 | Changes in net worth due to nominal holding gains/losses | FR112090095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Changes in balance sheet account | ||||||||||
| Line 76 | Change in net worth | FC112090095 | -- | -- | -- | -- | -- | -- | -- | -- |
| Balance sheet account (end of period) | ||||||||||
| Line 77 | Total assets | FL112000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 78 | Nonfinancial assets | LM112010005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 79 | Real estate | LM115035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 80 | Residential | LM115035023 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 81 | Nonresidential | LM115035035 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 82 | Equipment | LM115015205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 83 | Residential | LM115012265 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 84 | Nonresidential | LM115013265 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 85 | Intellectual property products | LM115013765 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 86 | Inventories | LM115020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 87 | Financial assets | FL114090005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 88 | Currency and deposits | FL114000005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 89 | Currency and transferable deposits | FL113020005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 90 | Time and savings deposits | FL113030003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 91 | Debt securities | LM114022005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 92 | Treasury securities | LM113061003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 93 | Municipal securities | LM113062003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 94 | Loans | FL114035005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 95 | Short-term (consumer credit) | FL113066003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 96 | Long-term (mortgages) | FL113065005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 97 | Equity and investment fund shares | FL113081005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 98 | Money market fund shares | FL113034003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 99 | Equity in government-sponsored enterprises | FL113092405 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 100 | Insurance, pension and standardized guarantee schemes | FL113076005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 101 | Other accounts receivable | FL113096005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 102 | Trade receivables | FL113070003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 103 | PPP subsidies receivable | FL113072003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 104 | Other (miscellaneous assets) | FL113093005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 105 | Total liabilities and net worth | FL112100005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 106 | Liabilities | FL114194005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 107 | Loans | FL114135005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 108 | Short-term | FL114141005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 109 | Depository institution loans n.e.c. | FL113168005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 110 | Other loans and advances | FL113169005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 111 | Long-term (mortgages) | FL113165005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 112 | Equity and investment fund shares | LM113181005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 113 | Equity in noncorporate business | LM112090205 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 114 | Foreign direct investment in the U.S.: equity | LM115114103 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 115 | Other accounts payable | FL113196005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 116 | Trade payables | FL113170005 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 117 | Taxes payable | FL113178003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 118 | Foreign direct investment in the U.S.: debt | FL115114305 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 119 | Other (miscellaneous liabilities) | FL113193003 | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 120 | Net worth | FL112090095 | -- | -- | -- | -- | -- | -- | -- | -- |
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 change in net worth is equal to the sum of the non-seasonally adjusted quarterly rate measure of net lending or borrowing from the capital account (not presented), total other volume changes, and changes in net worth due to nominal holding gains or losses.
- Farm houses are included in the household sector.
Last Update: 2026-05-22