Financial Accounts of the United States - Z.1
F.106 Federal government
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Current receipts, NIPA basis | FA316010105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Personal current taxes | FA316210001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Taxes on production and imports | FA316240001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Taxes on corporate income | FA316231001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Taxes from the rest of the world | FA316231061 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Contributions for govt. social insurance | FA316601001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Income receipts on assets | FA316150105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Current transfer receipts | FA316403105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Current surplus of government enterprises | FA316402101 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Current expenditures, NIPA basis | FA316900005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Consumption expenditures | FA316901001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Government social benefits | FA316404001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Other current transfer payments | FA316403001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Interest payments | FA316130001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Subsidies | FA316402001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Net saving, NIPA basis | FA316006005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | + Consumption of fixed capital | FA316300001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | - Insurance and pension reserves1 | FA313154015 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | - Net capital transfers paid2 | FA315440095 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | = Gross saving less net capital transfers paid | FA316000105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Gross investment | FA315090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Fixed investment | FA315019001 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Nonproduced nonfinancial assets | FA315420003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Net lending (+) or net borrowing (-) | FA315000005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | Net acquisition of financial assets | FA314090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Monetary gold and SDRs | FA313011105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Checkable deposits and currency | FA313020005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Time and savings deposits | FA313030003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Other deposits | FA313030505 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Repurchase agreements (official reserves) | FA313011545 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Debt securities | FA314022005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Agency- and GSE-backed securities | FA313061703 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Corporate and foreign bonds | FA313063005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | Loans | FA314023005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Other loans and advances | FA313069005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Mortgages | FA313065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Consumer credit3 | FA313066220 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Corporate equities4 | FA313064105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Miscellaneous other equity | FA313081115 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 40 | Trade receivables | FA313070000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 41 | Taxes receivable | FA313078000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 42 | Net increase in liabilities | FA314190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 43 | SDR allocations | FA313111303 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 44 | Treasury currency | FA313125003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 45 | Other deposits (Postal Savings System deposits) | FA313131003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 46 | Debt securities | FA314122005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 47 | Treasury securities5 | FA313161105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 48 | Budget agency securities | FA313161705 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 49 | Loans | FA314123005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 50 | Multifamily residential mortgages | FA313165403 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 51 | Other loans and advances | FA313169005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 52 | Of which: nonmarketable Treasury securities6 | FA313169205 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 53 | Insurance reserves | FA313140003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 54 | Trade payables | FA313170005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 55 | Miscellaneous liabilities | FA313190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 56 | Gold certificates | FA713011203 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 57 | SDR certificates | FA713014003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 58 | Claims of pension fund on sponsor | FA343073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 59 | PPP subsidies payable | FA313172003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 60 | Other | FA313190015 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 61 | Discrepancy | FA317005005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Memo: | |||||||||||
| Line 62 | Change in cash balance7 | FA314000035 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
- Table F.5, line 64 less line 12.
- Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that the government purchased from depository institutions and finance companies.
- Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at issuance price.
- Marketable Treasury securities (net of premiums and discounts) issued by the federal government.
- Nonmarketable Treasury securities are classified as other loans and advances because they are not negotiable and are therefore not considered debt securities.
- Time and savings deposits (line 28) plus checkable deposits and currency at the monetary authority and U.S.-chartered depository institutions sectors (table F.204, lines 3 and 8).
Last Update: March 9, 2026