Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: March 12, 2015
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S.7.a Federal Government
Billions of dollars
Description 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Line
Federal government; gross value added (IMA) 525.8 552.7 577.6 605.4 637.6 668.8 704.5 720.9 722.7 711.3 1
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) 178.6 189.4 200.7 212.8 226.3 234.5 245.3 257.4 264.1 268.0 2
Federal government; net value added (IMA) 347.2 363.3 376.9 392.6 411.3 434.3 459.1 463.5 458.6 443.3 3
Federal government; compensation of employees paid (IMA) 342.3 362.4 375.1 390.5 410.4 433.5 462.2 470.6 467.8 458.6 4
Federal government; wages and salaries paid (IMA) 249.9 263.5 271.7 283.3 296.7 312.2 328.5 331.7 327.1 320.6 5
Federal government; employers' social contributions paid (IMA) 92.4 98.9 103.5 107.3 113.7 121.3 133.7 138.9 140.7 138.1 6
Federal government; operating surplus, net 4.9 0.9 1.8 2.0 0.8 0.7 -3.1 -7.1 -9.1 -15.3 7
Federal government; net national income/balance of primary incomes, net (IMA) -226.6 -277.4 -293.5 -325.6 -308.9 -269.9 -286.6 -327.3 -321.8 -206.8 8
Federal government; operating surplus, net 4.9 0.9 1.8 2.0 0.8 0.7 -3.1 -7.1 -9.1 -15.3 9
Federal government; taxes on production and imports, receivable (IMA) 95.2 99.4 99.2 94.6 94.0 91.4 96.8 108.6 115.0 120.9 10
Federal government; subsidies paid (with negative sign) (IMA) -46.0 -60.5 -51.1 -47.5 -49.6 -56.9 -54.3 -59.5 -57.6 -59.7 11
Federal government; property income received, net (IMA) 25.3 27.2 29.0 33.4 33.9 48.5 54.6 56.4 53.6 164.7 12
Federal government; interest received (IMA) 16.6 17.3 18.8 22.1 19.5 22.8 29.5 27.7 22.3 24.4 13
Federal government; dividends received (IMA) 0.1 0.2 0.3 0.2 0.6 18.7 17.0 18.8 21.1 131.3 14
Federal government; rents on land and natural resources received (IMA) 8.7 9.7 9.9 11.1 13.8 7.0 8.0 9.9 10.2 9.0 15
Federal government; rents on land and natural resources received (IMA) 306.1 344.4 372.3 408.2 388.0 353.6 380.6 425.7 423.8 417.4 16
Federal government; net national income/balance of primary incomes, net (IMA) -226.6 -277.4 -293.5 -325.6 -308.9 -269.9 -286.6 -327.3 -321.8 -206.8 17
Federal government; current taxes on income, wealth, etc. received (IMA) 1058.8 1285.2 1459.2 1542.5 1354.1 1072.4 1208.2 1392.7 1536.5 1690.9 18
Federal government; contributions for government social insurance received 808.9 853.4 905.7 947.2 974.4 950.8 970.9 904.0 938.1 1092.3 19
Federal government; social contributions paid 1025.5 1090.9 1196.7 1272.2 1407.4 1624.9 1726.6 1744.4 1785.1 1825.6 20
Federal government; other current transfers received 29.0 32.0 36.8 41.0 46.5 64.0 64.4 65.0 49.9 59.5 21
Federal government; other current transfers paid (IMA) 362.4 383.5 374.7 400.2 412.9 507.5 555.0 528.0 493.2 496.3 22
Federal government; disposable income, net (IMA) 282.2 418.7 536.9 532.7 245.8 -315.1 -324.8 -238.1 -75.5 313.9 23
Federal government; consumption expenditures 681.4 723.4 763.9 798.4 879.8 933.7 1003.9 1006.1 1003.6 963.0 24
Federal government; net saving including net capital transfers paid, insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (IMA) -399.2 -304.7 -227.0 -265.6 -634.0 -1248.8 -1328.7 -1244.1 -1079.1 -649.1 25
Federal government; net saving less net capital transfers paid and including insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (IMA) -438.6 -365.1 -270.2 -318.6 -751.6 -1435.1 -1455.0 -1358.0 -1163.9 -707.5 26
Federal government; net saving including net capital transfers paid, insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (IMA) -399.2 -304.7 -227.0 -265.6 -634.0 -1248.8 -1328.7 -1244.1 -1079.1 -649.1 27
Federal government; net capital transfers paid 39.3 60.3 43.2 53.0 117.6 186.3 126.3 113.9 84.7 58.4 28
Federal government; capital formation, net (IMA) 31.6 31.5 22.9 35.3 29.1 40.6 53.7 39.1 21.7 -2.0 29
Federal government; gross fixed investment 211.0 222.9 238.0 251.4 275.8 284.0 300.0 297.4 287.8 268.5 30
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) 178.6 189.4 200.7 212.8 226.3 234.5 245.3 257.4 264.1 268.0 31
Federal government; acquisition of nonproduced nonfinancial assets (net) -0.8 -2.0 -14.4 -3.3 -20.4 -8.9 -1.0 -0.9 -1.9 -2.4 32
Federal government; net lending (+) or borrowing (-) (capital account) (IMA) -470.1 -396.6 -293.2 -353.9 -780.6 -1475.7 -1508.7 -1397.1 -1185.6 -705.6 33
Federal government; net lending (+) or borrowing (-) (capital account) (IMA) -470.1 -396.6 -293.2 -353.9 -780.6 -1475.7 -1508.7 -1397.1 -1185.6 -705.6 34
Federal government; total financial assets 5.3 30.8 -14.4 0.6 579.8 237.8 281.9 -150.7 132.4 217.4 35
Federal government; monetary gold and SDRs; asset 0.4 -4.5 0.2 0.2 0.1 48.2 0.0 -1.8 0.0 0.0 36
Federal government; monetary gold; asset -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37
Federal government; special drawing rights (SDRs) holdings; asset 0.4 -4.5 0.2 0.2 0.1 48.2 0.0 -1.8 0.0 0.0 38
Federal government; total currency and deposits; asset -34.5 1.3 -5.4 25.8 316.0 -170.2 150.5 -239.9 11.1 65.8 39
Federal government; other reserves; asset 0.3 0.3 0.4 0.5 0.6 0.3 0.3 -0.2 0.2 0.2 40
Federal government; reserve position in IMF (net); asset -3.8 -10.2 -3.3 -1.0 3.5 3.4 1.3 18.2 4.0 -3.4 41
Federal government; checkable deposits and currency; asset -31.0 12.2 -2.7 25.1 313.1 -174.2 148.9 -257.6 6.7 69.6 42
Federal government; total time and savings deposits; asset -0.0 -1.0 0.2 1.2 -1.3 0.3 0.1 -0.3 0.2 -0.5 43
Federal government; nonofficial foreign currencies; asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 44
Federal government; debt securities; asset 0.0 0.0 0.0 0.0 54.4 142.5 -46.9 -118.2 -31.3 -0.1 45
Federal government; agency- and GSE-backed securities; asset 0.0 0.0 0.0 0.0 54.4 142.0 -47.2 -118.1 -31.1 0.0 46
Federal government; corporate bonds issued by commercial banking under TARP; asset 0.0 0.0 0.0 0.0 0.0 0.6 0.3 -0.1 -0.2 -0.1 47
Federal government; total loans; asset 2.3 -3.1 5.9 6.8 39.0 166.7 131.4 136.5 136.2 124.2 48
Federal government; short-term loans; asset 0.7 -5.5 2.2 4.7 25.5 154.1 136.8 133.2 134.5 120.3 49
Federal government; consumer credit, student loans; asset 3.7 3.7 1.6 7.0 19.5 87.9 133.1 128.5 132.1 113.1 50
Federal government; other loans and advances; asset -3.0 -9.2 0.5 -2.3 6.1 66.2 3.6 4.8 2.4 7.2 51
Federal government; total mortgages; asset 1.6 2.4 3.7 2.1 13.5 12.6 -5.4 3.3 1.6 4.0 52
Federal government; other equity; asset (IMA) 2.0 1.3 2.0 1.7 257.7 3.4 30.4 43.5 -10.7 -2.6 53
Federal government; corporate equities; asset 0.0 0.0 0.0 0.0 256.3 0.6 24.1 40.3 -13.2 -4.8 54
Federal government; U.S. equity in IBRD, etc.; asset 2.0 1.3 2.0 1.7 1.4 1.7 2.3 2.6 2.4 2.2 55
Federal government; equity in government-sponsored enterprises (GSEs); asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 56
Federal government; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 0.0 1.2 4.0 0.7 0.0 0.0 57
Federal government; other accounts receivable; asset (IMA) 35.1 35.8 -17.1 -33.7 -87.4 47.1 16.5 29.1 27.1 30.0 58
Federal government; trade receivables; asset 10.5 9.2 -11.6 1.2 4.2 -21.1 -0.7 4.8 2.6 -1.5 59
Federal government; taxes receivable; asset 23.3 26.0 -6.5 -35.3 -62.2 35.9 27.1 25.6 27.9 27.8 60
Federal government; unidentified miscellaneous assets 1.4 0.6 1.0 0.4 -29.4 32.3 -9.8 -1.3 -3.5 3.7 61
Federal government; total liabilities 479.4 453.6 296.0 391.6 1369.0 1536.0 1696.7 1201.7 1249.6 880.3 62
Federal government; special drawing rights (SDRs) allocations; liability 0.0 0.0 0.0 0.0 0.0 47.6 0.0 0.0 0.0 0.0 63
Federal government; total currency and deposits; liability 0.7 0.8 0.6 -0.7 -0.8 -0.4 -0.3 0.0 0.0 -0.4 64
Federal government; debt securities; liability 402.8 346.9 219.1 270.4 1302.5 1508.8 1645.9 1138.7 1180.6 857.3 65
Monetary authority; SDR certificates issued by federal government; asset 0.0 0.0 0.0 0.0 0.0 3.0 0.0 0.0 0.0 0.0 66
Federal government; Treasury securities, including U.S. savings securities; liability 362.5 307.3 183.7 237.5 1239.0 1443.7 1579.6 1066.8 1140.6 759.5 67
Federal government; budget agency securities; liability -0.6 -0.4 -0.3 -0.4 0.2 0.1 0.7 1.1 -0.4 -0.4 68
Federal government retirement funds; nonmarketable Treasury securities; asset 40.9 40.0 35.8 33.3 63.3 61.9 65.7 70.8 40.4 98.2 69
Federal government; multifamily residential mortgages; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 70
Federal government; insurance, pension and standardized guarantee schemes; liability (IMA) 59.5 67.2 64.5 93.1 45.1 33.2 43.5 40.6 63.9 5.6 71
Federal government; life insurance reserves; liability 1.1 1.1 1.5 1.6 1.0 1.1 0.9 1.3 0.3 0.2 72
Federal government; retiree health care funds; liability 17.4 23.0 18.1 43.9 26.5 16.6 22.5 18.5 13.3 12.2 73
Federal government retirement funds; claims of pension fund on sponsor; asset 41.0 43.1 44.9 47.7 17.6 15.6 20.2 20.8 50.3 -6.8 74
Federal government; other accounts payable; liability (IMA) 16.4 38.7 11.8 28.7 22.2 -53.3 7.6 22.4 5.1 17.8 75
Federal government; trade payables; liability 15.4 33.7 6.2 29.3 22.6 -56.2 5.2 8.8 13.4 16.5 76
Federal government; unidentified miscellaneous liabilities, including liability due to FICO 1.0 5.0 5.6 -0.6 -0.3 2.9 2.4 13.6 -8.3 1.3 77
Federal government; net lending (+) or borrowing (-) (financial account) -474.1 -422.8 -310.4 -390.9 -789.1 -1298.2 -1414.9 -1352.4 -1117.2 -662.9 78
Federal government; total other volume changes (IMA) -28.2 -47.0 30.2 9.3 86.7 121.5 -32.0 46.4 41.3 27.3 79
Federal government; nonfinancial assets (does not include land) 0.0 -0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 80
Federal government; other volume changes (IMA) -24.2 -20.3 47.4 46.4 95.2 -56.0 -125.8 1.7 -27.1 -15.4 81
Federal government; statistical discrepancy (IMA) 4.0 26.2 17.2 37.0 8.5 -177.5 -93.8 -44.7 -68.4 -42.7 82
Federal government; nonfinancial assets (does not include land) 114.8 116.8 116.4 93.0 69.0 -36.0 61.3 69.3 41.8 58.9 83
Federal government; total residential and nonresidential structures 91.6 94.1 95.2 60.7 44.0 -48.4 18.1 49.4 36.2 41.1 84
Federal government; nonresidential equipment, current cost basis 10.9 7.3 10.4 7.6 11.8 8.6 5.0 12.2 0.9 3.3 85
Federal government; nonresidential intellectual property products, current cost basis 12.2 15.4 10.8 24.8 13.2 3.8 38.2 7.7 4.7 14.5 86
Federal government; financial assets with revaluations (IMA) 1.3 -2.1 0.8 0.7 -67.9 -121.6 -43.7 -33.2 -4.7 0.1 87
Federal government; monetary gold and SDRs; asset 0.5 -0.9 0.4 0.5 -0.2 0.2 -1.0 -0.1 0.1 0.1 88
Federal government; total currency and deposits; asset 0.8 -1.2 0.3 0.2 -0.0 0.3 -0.2 -0.5 0.0 0.0 89
Federal government; corporate equities; asset 0.0 0.0 0.0 0.0 -67.7 -121.9 -41.5 -32.4 -4.7 0.0 90
Federal government; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 0.0 -0.3 -1.0 -0.2 -0.1 0.0 91
Federal government; special drawing rights (SDRs) allocations; liability 0.3 -0.6 0.4 0.4 -0.2 0.2 -1.0 -0.2 0.1 0.1 92
Federal government; special drawing rights (SDRs) allocations; liability 0.3 -0.6 0.4 0.4 -0.2 0.2 -1.0 -0.2 0.1 0.1 93
Federal government; changes in net worth due to nominal holding gains/losses (IMA) 115.7 115.3 116.8 93.3 1.2 -157.9 18.5 36.4 37.0 59.0 94
Federal government; net worth (IMA) -351.1 -296.8 -123.3 -216.0 -663.6 -1471.5 -1468.5 -1275.3 -1085.5 -621.3 95
Federal government; total assets (does not include land) 2917.7 3070.2 3238.1 3415.1 4121.6 4229.2 4569.7 4478.1 4649.1 4905.4 96
Federal government; nonfinancial assets (does not include land) 2277.1 2426.5 2579.8 2711.3 2829.2 2842.1 2957.5 3066.8 3132.3 3191.7 97
Federal government; total residential and nonresidential structures 1088.2 1176.5 1266.6 1325.4 1369.8 1326.1 1352.5 1406.9 1439.7 1472.1 98
Federal government; nonresidential equipment, current cost basis 498.3 520.7 550.7 576.7 616.2 649.8 680.9 711.0 725.2 732.2 99
Federal government; nonresidential intellectual property products, current cost basis 690.6 729.3 762.4 809.3 843.2 866.2 924.1 948.9 967.4 987.4 100
Federal government; total financial assets 640.6 643.7 658.3 703.8 1292.3 1387.1 1612.2 1411.3 1516.9 1713.7 101
Federal government; monetary gold and SDRs; asset 13.6 8.2 8.9 9.5 9.3 57.8 56.8 55.0 55.1 55.2 102
Federal government; monetary gold; asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 103
Federal government; special drawing rights (SDRs) holdings; asset 13.6 8.2 8.9 9.5 9.3 57.8 56.8 55.0 55.1 55.2 104
Federal government; total currency and deposits; asset 67.9 68.0 62.8 88.9 404.8 234.9 385.2 144.8 155.9 221.8 105
Federal government; other reserves; asset 21.1 18.7 20.2 22.2 24.5 25.0 25.7 25.6 24.7 23.6 106
Federal government; reserve position in IMF (net); asset 19.6 8.1 5.2 4.4 7.8 11.5 12.6 30.3 34.4 31.0 107
Federal government; checkable deposits and currency; asset 22.2 37.0 33.2 56.9 368.3 193.9 342.3 84.6 92.2 163.0 108
Federal government; total time and savings deposits; asset 2.4 1.4 1.7 2.8 1.6 1.9 2.0 1.7 2.0 1.5 109
Federal government; nonofficial foreign currencies; asset 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 110
Federal government; debt securities; asset 0.0 0.0 0.0 0.0 54.4 197.0 150.1 31.9 0.6 0.6 111
Federal government; agency- and GSE-backed securities; asset 0.0 0.0 0.0 0.0 54.4 196.4 149.2 31.1 0.0 0.0 112
Federal government; corporate bonds issued by commercial banking under TARP; asset 0.0 0.0 0.0 0.0 0.0 0.6 0.9 0.8 0.6 0.6 113
Federal government; total loans; asset 274.8 271.7 294.8 301.6 340.6 507.3 642.3 778.8 915.0 1039.2 114
Federal government; short-term loans; asset 200.7 195.2 214.6 219.3 244.8 398.9 535.7 668.9 803.5 923.7 115
Federal government; consumer credit, student loans; asset 86.1 89.8 108.7 115.7 135.1 223.1 356.2 484.7 616.8 729.8 116
Federal government; other loans and advances; asset 114.6 105.3 105.9 103.6 109.7 175.9 179.5 184.3 186.7 193.9 117
Federal government; total mortgages; asset 74.2 76.6 80.3 82.4 95.8 108.4 106.6 109.9 111.5 115.5 118
Federal government; other equity; asset (IMA) 42.0 43.2 45.3 46.9 237.0 118.2 106.1 117.0 101.5 98.9 119
Federal government; corporate equities; asset 0.0 0.0 0.0 0.0 188.7 67.4 49.9 57.8 39.9 35.1 120
Federal government; U.S. equity in IBRD, etc.; asset 42.0 43.2 45.3 46.9 48.3 50.0 52.3 54.9 57.3 59.5 121
Federal government; equity in government-sponsored enterprises (GSEs); asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 122
Federal government; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 0.0 0.9 3.8 4.4 4.4 4.4 123
Federal government; other accounts receivable; asset (IMA) 242.3 252.5 246.5 257.0 246.2 271.8 271.7 283.7 288.7 298.1 124
Federal government; trade receivables; asset 61.8 71.0 59.4 60.6 64.7 43.6 42.9 47.7 50.3 48.8 125
Federal government; taxes receivable; asset 91.2 91.6 96.1 105.0 119.4 133.9 144.3 152.8 158.6 165.8 126
Federal government; unidentified miscellaneous assets 89.3 89.9 91.0 91.4 62.0 94.3 84.5 83.2 79.8 83.4 127
Federal government; total assets (does not include land) 2917.7 3070.2 3238.1 3415.1 4121.6 4229.2 4569.7 4478.1 4649.1 4905.4 128
Federal government; total liabilities 6921.1 7370.3 7661.5 8054.5 9424.6 11003.7 12812.7 13996.3 15252.9 16130.5 129
Federal government; special drawing rights (SDRs) allocations; liability 7.6 7.0 7.4 7.7 7.5 55.4 54.4 54.2 54.3 54.4 130
Federal government; total currency and deposits; liability 26.7 27.5 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.6 131
Federal government; debt securities; liability 5253.1 5587.0 5806.1 6076.5 7379.0 8887.8 10533.8 11672.5 12853.0 13710.3 132
Monetary authority; SDR certificates issued by federal government; asset 2.2 2.2 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 133
Federal government; Treasury securities, including U.S. savings securities; liability 4370.7 4678.0 4861.7 5099.2 6338.2 7781.9 9361.5 10428.3 11568.9 12328.3 134
Federal government; budget agency securities; liability 24.3 23.8 23.5 23.1 23.3 23.5 24.2 25.3 24.9 24.5 135
Federal government retirement funds; nonmarketable Treasury securities; asset 855.9 882.9 918.7 952.0 1015.3 1077.2 1142.9 1213.7 1254.1 1352.3 136
Federal government; multifamily residential mortgages; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 137
Federal government; insurance, pension and standardized guarantee schemes; liability (IMA) 1459.1 1540.9 1606.0 1699.9 1746.4 1825.8 1985.3 2022.1 2085.0 2089.6 138
Federal government; life insurance reserves; liability 41.6 42.7 44.2 45.8 46.7 47.8 48.7 50.0 50.3 50.5 139
Federal government; retiree health care funds; liability 52.4 75.4 93.5 137.3 163.8 180.4 202.9 221.4 234.8 246.9 140
Federal government retirement funds; claims of pension fund on sponsor; asset 1365.2 1422.8 1468.3 1516.8 1535.8 1597.6 1733.7 1750.7 1800.0 1792.1 141
Federal government; other accounts payable; liability (IMA) 174.6 208.0 213.9 243.0 265.0 208.5 213.3 221.7 234.6 250.6 142
Federal government; trade payables; liability 169.0 202.6 208.8 238.2 260.7 204.5 209.7 218.5 231.9 248.4 143
Federal government; liability due to FICO 5.6 5.4 5.1 4.9 4.3 4.0 3.6 3.2 2.8 2.3 144
Federal government; net worth (IMA) -4003.4 -4300.1 -4423.4 -4639.4 -5303.0 -6774.5 -8243.0 -9518.2 -10603.8 -11225.1 145

  FOOTNOTES

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