Financial Accounts of the United States - Z.1
D.2 Borrowing by sector1
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Date | Domestic nonfinancial sectors | Domestic financial sectors | Rest of the world | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total | Households | Businesses | Federal government | State and local government | ||||||
| Total | One-to-four family res. mortgages | Consumer credit | Total | Corporate | FA384104005 | FA154104005 | FA153165105 | FA153166000 | FA144104005 | FA104104005 | FA314104005 | FA214104005 | FA794104005 | FA264104005 |
| 1991 | 531.1 | 205.4 | 174.5 | -8.8 | -78.7 | -52.9 | 316.6 | 87.8 | 182.5 | 10.1 |
| 1992 | 546.6 | 200.8 | 173.0 | 9.2 | -11.6 | 14.7 | 343.8 | 13.6 | 231.1 | 16.9 |
| 1993 | 711.0 | 247.1 | 156.4 | 61.4 | 115.3 | 135.3 | 293.2 | 55.3 | 351.8 | 62.0 |
| 1994 | 688.6 | 324.7 | 166.8 | 135.0 | 217.0 | 201.7 | 193.5 | -46.6 | 460.1 | -14.5 |
| 1995 | 677.7 | 323.1 | 154.1 | 147.0 | 241.8 | 195.5 | 174.2 | -61.5 | 463.9 | 75.3 |
| 1996 | 766.3 | 349.2 | 205.1 | 105.7 | 246.7 | 173.6 | 191.1 | -20.6 | 563.4 | 85.5 |
| 1997 | 881.8 | 347.3 | 215.2 | 70.3 | 420.3 | 315.7 | 63.4 | 50.8 | 565.7 | 71.4 |
| 1998 | 1139.7 | 454.4 | 302.2 | 97.1 | 629.8 | 447.1 | -11.4 | 66.9 | 1031.3 | 37.6 |
| 1999 | 1147.6 | 570.2 | 375.7 | 112.4 | 569.4 | 372.2 | -30.1 | 38.1 | 1099.2 | 25.1 |
| 2000 | 869.1 | 579.4 | 382.2 | 176.5 | 546.8 | 350.9 | -275.0 | 17.8 | 870.3 | 57.2 |
| 2001 | 1128.0 | 643.7 | 506.6 | 150.6 | 322.0 | 158.2 | 55.2 | 107.1 | 950.9 | -10.5 |
| 2002 | 1376.3 | 776.4 | 704.5 | 105.2 | 174.6 | 17.3 | 282.1 | 143.3 | 819.3 | 62.3 |
| 2003 | 1699.9 | 1063.1 | 869.8 | 105.9 | 93.0 | 18.2 | 420.7 | 123.1 | 1160.3 | 16.5 |
| 2004 | 2154.9 | 1106.0 | 930.1 | 117.2 | 461.1 | 207.1 | 402.8 | 185.0 | 1028.0 | 91.7 |
| 2005 | 2307.8 | 1173.0 | 1062.3 | 100.4 | 620.9 | 282.4 | 346.9 | 167.1 | 1104.9 | 99.2 |
| 2006 | 2444.0 | 1278.2 | 997.0 | 120.1 | 826.3 | 412.0 | 219.1 | 120.4 | 1452.4 | 284.2 |
| 2007 | 2526.8 | 924.1 | 708.5 | 150.2 | 1152.5 | 686.5 | 270.4 | 179.8 | 2018.8 | 252.0 |
| 2008 | 2005.2 | 46.8 | 89.7 | 34.3 | 607.6 | 282.4 | 1302.5 | 48.2 | 724.8 | -203.2 |
| 2009 | 1259.4 | 62.4 | 95.3 | -94.6 | -454.5 | -357.0 | 1505.8 | 145.8 | -1753.7 | 227.5 |
| 2010 | 1541.8 | -126.4 | -156.2 | -28.2 | -71.6 | -52.3 | 1645.9 | 93.9 | -668.1 | 188.2 |
| 2011 | 1437.4 | 38.9 | -55.7 | 109.4 | 284.2 | 342.5 | 1138.7 | -24.4 | -472.3 | 161.9 |
| 2012 | 1847.3 | 31.7 | -106.5 | 158.7 | 620.3 | 444.4 | 1180.6 | 14.6 | -191.7 | 204.3 |
| 2013 | 1748.4 | 301.0 | -23.7 | 177.6 | 579.3 | 470.0 | 857.3 | 10.8 | 213.9 | 245.1 |
| 2014 | 1654.6 | 149.4 | -4.3 | 219.1 | 829.9 | 545.2 | 735.9 | -60.5 | 281.3 | 256.0 |
| 2015 | 2007.4 | 354.9 | 108.2 | 233.5 | 894.0 | 642.6 | 724.6 | 33.9 | 202.5 | -20.8 |
| 2016 | 2009.9 | 439.4 | 186.1 | 236.2 | 684.2 | 295.9 | 842.7 | 43.7 | 373.6 | 39.7 |
| 2017 | 2062.8 | 571.4 | 286.2 | 194.3 | 877.8 | 413.9 | 598.6 | 15.0 | 333.5 | 371.1 |
| 2018 | 2368.2 | 481.4 | 287.8 | 172.7 | 672.6 | 379.6 | 1258.1 | -43.8 | 257.6 | 244.3 |
| 2019 | 2487.4 | 547.1 | 285.5 | 185.1 | 764.5 | 650.9 | 1174.9 | 0.9 | 404.3 | 70.9 |
| 2020 | 6862.2 | 575.1 | 400.0 | -12.0 | 1598.6 | 1072.4 | 4581.2 | 107.2 | 960.8 | 103.5 |
| 2021 | 3885.2 | 1219.8 | 790.0 | 237.8 | 916.6 | 548.0 | 1683.4 | 65.4 | 866.3 | 633.6 |
| 2022 | 3737.4 | 1195.6 | 821.5 | 345.7 | 1035.8 | 515.4 | 1546.9 | -40.9 | 1600.2 | 306.0 |
| 2023 | 3611.2 | 543.6 | 367.0 | 129.8 | 430.1 | 257.5 | 2620.4 | 17.0 | 345.5 | 193.0 |
| 2024 | 3500.6 | 619.1 | 367.9 | 98.9 | 642.8 | 448.8 | 2144.9 | 93.8 | 579.6 | 353.7 |
| 2025 | 3986.9 | 706.3 | 390.0 | 114.2 | 821.2 | 571.5 | 2292.3 | 167.1 | 875.8 | 525.8 |
| 2020:Q3 | 3180.9 | 890.9 | 559.9 | 108.5 | 56.9 | -409.3 | 2045.8 | 187.3 | -8.9 | 28.6 |
| 2020:Q4 | 3513.8 | 925.0 | 483.5 | 78.3 | 247.8 | -235.4 | 2278.3 | 62.6 | 1096.2 | 585.6 |
| 2021:Q1 | 3220.6 | 990.7 | 560.1 | 166.8 | 889.6 | 508.0 | 1239.8 | 100.5 | 1001.5 | 984.5 |
| 2021:Q2 | 4030.7 | 1275.9 | 851.6 | 293.0 | 489.1 | 310.0 | 2165.5 | 100.2 | 860.7 | 379.1 |
| 2021:Q3 | 2683.8 | 1252.0 | 853.5 | 230.8 | 919.2 | 703.2 | 426.1 | 86.5 | 874.7 | 935.1 |
| 2021:Q4 | 5605.9 | 1360.9 | 895.0 | 260.7 | 1368.5 | 670.6 | 2902.2 | -25.7 | 728.2 | 235.6 |
| 2022:Q1 | 5718.8 | 1546.2 | 1041.2 | 349.7 | 1436.8 | 885.0 | 2817.9 | -82.0 | 2278.1 | 483.6 |
| 2022:Q2 | 3640.9 | 1409.7 | 1043.4 | 400.2 | 1290.8 | 733.4 | 864.5 | 75.9 | 1187.2 | 406.7 |
| 2022:Q3 | 3565.0 | 1215.0 | 788.4 | 313.7 | 781.9 | 313.6 | 1565.6 | 2.6 | 1069.7 | 493.0 |
| 2022:Q4 | 2024.9 | 611.6 | 413.0 | 319.2 | 633.7 | 129.7 | 939.6 | -160.0 | 1865.8 | -159.1 |
| 2023:Q1 | 2912.7 | 492.8 | 351.8 | 204.6 | 887.2 | 614.1 | 1496.6 | 36.2 | 2330.1 | 164.1 |
| 2023:Q2 | 3858.0 | 608.2 | 379.6 | 163.2 | 386.6 | 242.8 | 2792.8 | 70.4 | -1244.2 | 228.8 |
| 2023:Q3 | 4381.3 | 624.2 | 463.1 | 18.7 | 271.3 | 148.0 | 3487.3 | -1.7 | -420.6 | 92.8 |
| 2023:Q4 | 3292.7 | 449.1 | 273.4 | 132.7 | 175.4 | 25.0 | 2705.1 | -36.8 | 716.8 | 286.3 |
| 2024:Q1 | 3725.0 | 626.5 | 281.8 | 102.7 | 822.6 | 674.4 | 2197.3 | 78.7 | 375.2 | 141.9 |
| 2024:Q2 | 2794.2 | 575.9 | 428.2 | 53.3 | 845.4 | 667.0 | 1172.7 | 200.2 | 55.5 | 696.8 |
| 2024:Q3 | 4264.9 | 595.3 | 425.1 | 119.1 | 700.9 | 501.6 | 2836.5 | 132.3 | 1750.7 | 179.8 |
| 2024:Q4 | 3218.1 | 678.6 | 336.6 | 120.4 | 202.1 | -47.7 | 2373.1 | -35.7 | 137.2 | 396.3 |
| 2025:Q1 | 2710.7 | 418.5 | 340.2 | 58.2 | 1088.2 | 905.3 | 1056.8 | 147.3 | 1348.4 | 555.2 |
| 2025:Q2 | 2447.1 | 841.7 | 475.0 | 142.7 | 833.8 | 624.6 | 471.2 | 300.5 | 1496.8 | 512.0 |
| 2025:Q3 | 6874.8 | 877.1 | 471.0 | 115.3 | 841.1 | 614.9 | 4959.2 | 197.4 | 549.3 | 266.1 |
| 2025:Q4 | 3914.8 | 687.9 | 273.7 | 140.5 | 521.9 | 141.3 | 2681.9 | 23.0 | 108.5 | 770.0 |
NOTES
- Debt securities and loans.
Last Update: March 19, 2026