S.7.a Federal Government (1)
Billions of dollars
Description Series code 2011 2012 2013 2014 2015 2016 2017 2018 Line
Federal government; gross value added (IMA) FA316902505 716.8 719.0 711.0 723.1 738.5 751.6 770.7 797.1 1
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300001 254.9 261.6 265.9 270.2 271.4 271.8 277.1 286.1 2
Federal government; net value added (IMA) FA316902605 461.9 457.4 445.1 452.9 467.1 479.9 493.6 511.0 3
Federal government; compensation of employees paid (IMA) FA316025001 468.2 465.2 455.1 460.0 470.6 481.4 492.7 513.5 4
Federal government; wages and salaries paid (IMA) FA316020001 331.7 327.6 320.4 324.0 330.5 336.3 344.1 357.4 5
Federal government; employers' social contributions paid (IMA) FA316401005 136.5 137.5 134.7 135.9 140.2 145.1 148.6 156.0 6
Federal government; operating surplus, net FA316402101 -6.3 -7.8 -10.1 -7.1 -3.5 -1.6 1.0 -2.5 7
Federal government; net national income/balance of primary incomes, net (IMA) FA316140005 -252.2 -231.7 -117.0 -195.8 -189.6 -242.5 -269.0 -327.5 8
Federal government; operating surplus, net FA316402101 -6.3 -7.8 -10.1 -7.1 -3.5 -1.6 1.0 -2.5 9
Federal government; taxes on production and imports, receivable (IMA) FA316240001 108.6 115.2 125.5 136.3 140.3 136.4 128.7 160.8 10
Federal government; subsidies paid (with negative sign) (IMA) FA316402015 -59.5 -57.6 -59.2 -57.6 -56.7 -61.3 -60.6 -63.8 11
Federal government; property income (received) FA316150105 130.4 141.1 243.1 171.7 159.5 138.0 137.8 118.6 12
Federal government; interest received (IMA) FA316130101 26.3 21.4 22.9 23.8 26.4 26.7 28.1 31.3 13
Federal government; dividends received (IMA) FA316121105 94.2 109.5 210.9 137.6 126.4 106.3 103.7 79.0 14
Federal government; rents on land and natural resources received (IMA) FA316112101 9.9 10.2 9.3 10.3 6.7 5.0 6.1 8.3 15
Federal government; interest paid (IMA) FA316130001 425.4 422.6 416.3 439.1 429.3 454.1 475.9 540.7 16
Federal government; net national income/balance of primary incomes, net (IMA) FA316140005 -252.2 -231.7 -117.0 -195.8 -189.6 -242.5 -269.0 -327.5 17
Federal government; current taxes on income, wealth, etc. received (IMA) FA316220001 1369.8 1457.8 1619.4 1763.8 1882.7 1883.0 1890.5 1795.3 18
Federal government; contributions for government social insurance received FA316601001 903.2 938.0 1091.8 1140.1 1190.8 1224.9 1283.8 1339.4 19
Federal government; social contributions paid FA316404001 1796.5 1799.8 1840.4 1900.6 1987.9 2041.9 2109.6 2204.2 20
Federal government; other current transfers received FA316403105 67.1 56.1 69.3 87.3 76.1 79.6 84.6 86.0 21
Federal government; other current transfers paid (IMA) FA316403001 530.1 499.7 504.0 547.8 585.8 611.6 612.4 641.8 22
Federal government; disposable income, net (IMA) FA316012005 -238.7 -79.4 319.0 346.9 386.2 291.5 267.9 47.2 23
Federal government; consumption expenditures FA316901001 1003.3 999.3 956.9 951.2 956.3 968.6 992.6 1056.9 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) FA316006085 -1242.0 -1078.6 -637.9 -604.3 -570.1 -677.0 -724.7 -1009.8 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) FA316006385 -1355.7 -1163.6 -696.0 -662.7 -621.4 -730.8 -536.5 -1062.4 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) FA316006085 -1242.0 -1078.6 -637.9 -604.3 -570.1 -677.0 -724.7 -1009.8 27
Federal government; net capital transfers paid FA315440005 113.8 84.9 58.1 58.4 51.4 53.8 -188.2 52.7 28
Federal government; capital formation, net (IMA) FA315050905 39.8 23.7 1.3 -9.0 -36.9 -14.9 -2.5 3.4 29
Federal government; gross fixed investment (NIPA basis) FA315019001 295.7 287.3 269.6 263.8 265.3 265.5 276.8 290.4 30
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300001 254.9 261.6 265.9 270.2 271.4 271.8 277.1 286.1 31
Federal government; acquisition of nonproduced nonfinancial assets (net) FA315420003 -0.9 -2.0 -2.5 -2.6 -30.8 -8.6 -2.2 -0.9 32
Federal government; net lending (+) or borrowing (-) (capital account) FA315000905 -1395.6 -1187.3 -697.3 -653.7 -584.6 -716.0 -534.0 -1065.8 33
Federal government; net lending (+) or borrowing (-) (capital account) FA315000905 -1395.6 -1187.3 -697.3 -653.7 -584.6 -716.0 -534.0 -1065.8 34
Federal government; total financial assets FA314090005 -150.2 117.4 217.4 173.2 235.6 211.3 163.7 254.0 35
Federal government; monetary gold and SDRs; asset FA313011105 -1.8 0.0 0.0 0.0 0.0 0.7 0.1 0.2 36
Federal government; monetary gold; asset FA313011205 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 FA313011303 -1.8 0.0 0.0 0.0 0.0 0.7 0.1 0.2 38
Federal government; total currency and deposits; asset FA314000005 -239.9 11.1 65.8 57.1 103.5 67.0 -171.6 178.5 39
Federal government; other reserves; asset FA313011505 -0.2 0.2 0.2 0.1 0.1 0.0 0.0 0.0 40
Federal government; reserve position in IMF (net); asset FA313011405 18.2 4.0 -3.4 -3.9 -6.5 1.5 -1.8 4.8 41
Federal government; checkable deposits and currency; asset FA313020005 -257.6 6.7 69.6 60.3 110.4 65.7 -170.2 173.5 42
Federal government; total time and savings deposits; asset FA313030003 -0.3 0.2 -0.5 0.7 -0.5 -0.2 0.4 0.1 43
Federal government; nonofficial foreign currencies; asset FA313091105 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 44
Federal government; debt securities; asset FA314022005 -118.2 -31.3 -0.1 -0.0 -0.0 0.0 0.0 0.0 45
Federal government; agency- and GSE-backed securities; asset FA313061703 -118.1 -31.1 0.0 0.0 0.0 0.0 0.0 0.0 46
Federal government; corporate bonds issued by commercial banking under TARP; asset FA313063763 -0.1 -0.2 -0.1 -0.0 -0.0 0.0 0.0 0.0 47
Federal government; loans; asset FA314023005 139.0 131.7 124.4 114.5 104.8 103.0 100.6 96.8 48
Federal government; loans, excluding mortgages; asset FA314041005 135.7 130.1 120.5 112.8 105.5 99.9 99.0 93.5 49
Federal government; consumer credit, student loans; asset FA313066220 131.0 127.5 113.3 110.7 103.4 99.6 96.3 90.7 50
Federal government; other loans and advances; asset FA313069005 4.8 2.6 7.2 2.0 2.1 0.2 2.8 2.8 51
Federal government; total mortgages; asset FA313065005 3.3 1.6 4.0 1.7 -0.7 3.2 1.6 3.3 52
Federal government; other equity; asset (IMA) FA313081115 43.4 -14.2 -4.4 0.7 2.2 1.9 1.3 5.3 53
Federal government; corporate equities; asset FA313064105 40.3 -13.2 -4.8 -1.6 -0.0 -0.1 -0.1 4.0 54
Federal government; U.S. equity in IBRD, etc.; asset FA313092803 2.6 2.4 2.2 2.3 2.2 2.0 1.5 1.3 55
Federal government; equity in government-sponsored enterprises (GSEs); asset (2) FA313092403 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 FA313094303 0.5 -3.4 -1.8 0.0 0.0 0.0 0.0 0.0 57
Federal government; other accounts receivable; asset (IMA) FA313096005 27.3 20.0 31.6 0.9 25.1 38.6 233.3 -26.8 58
Federal government; trade receivables; asset FA313070000 4.8 2.6 3.3 -5.2 12.7 3.8 0.1 10.4 59
Federal government; total taxes receivable; asset FA313078000 23.8 20.8 24.7 -4.1 0.2 23.6 223.8 -50.8 60
Federal government; unidentified miscellaneous assets FA313093003 -1.3 -3.5 3.7 10.2 12.2 11.2 9.4 13.7 61
Federal government; total liabilities FA314190005 1199.5 1245.1 872.9 765.0 759.0 883.9 638.8 1243.8 62
Federal government; special drawing rights (SDRs) allocations; liability FA313111303 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 63
Federal government; total currency and deposits; liability FA314100005 0.0 0.0 -0.3 -0.2 -0.0 0.0 0.0 0.0 64
Federal government; debt securities; liability FA314122005 1138.7 1180.6 857.3 735.9 724.6 842.7 447.0 1409.8 65
Federal government; Treasury securities; liability FA313161105 1137.6 1181.0 857.7 736.0 724.4 842.8 447.0 1411.2 66
Federal government; budget agency securities; liability FA313161705 1.1 -0.4 -0.4 -0.1 0.2 -0.1 -0.1 -1.5 67
Federal government; loans; liability FA314123005 0.0 0.0 0.0 0.0 0.0 0.0 151.7 -151.7 68
Federal government; insurance, pension and standardized guarantee schemes; liability (IMA) FA313152005 38.1 60.0 0.7 29.2 15.4 7.4 17.5 -35.9 69
Federal government; life insurance reserves; liability FA313140003 1.3 0.3 0.2 0.8 -0.1 0.1 -0.2 0.2 70
Federal government; retiree health care funds; liability FA313195105 18.5 13.3 12.2 10.4 7.4 12.9 9.6 13.9 71
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset FA343073045 18.3 46.4 -11.7 18.1 8.1 -5.6 8.1 -50.0 72
Federal government; other accounts payable; liability (IMA) FA313196005 22.7 4.5 15.2 0.1 19.1 33.9 22.6 21.6 73
Monetary authority; SDR certificates issued by federal government; asset FA713014003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 74
Federal government; trade payables; liability FA313170005 9.1 12.8 13.9 -2.9 15.6 28.1 19.4 20.1 75
Federal government; unidentified miscellaneous liabilities, including liability due to FICO FA313193005 13.6 -8.3 1.3 3.0 3.5 5.8 3.2 1.6 76
Federal government; net lending (+) or borrowing (-) (financial account) FA315000005 -1349.7 -1127.7 -655.4 -591.8 -523.5 -672.6 -475.0 -989.8 77
Federal government; total other volume changes (IMA) FV318090185 37.5 40.9 33.0 87.5 117.3 82.2 -127.0 137.5 78
Federal government; nonfinancial assets (does not include land) FV312010095 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 79
Federal government; other volume changes (IMA) FV318090085 -8.5 -18.7 -8.9 25.7 56.2 38.9 -185.9 61.4 80
Federal government; statistical discrepancy (IMA) (3) FU317005045 -45.9 -59.6 -41.9 -61.9 -61.1 -43.3 -58.9 -76.0 81
Federal government; nonfinancial assets (does not include land) FR312010095 64.8 39.7 74.2 50.3 10.0 69.0 90.5 93.9 82
Federal government; total residential and nonresidential structures FR315015605 48.6 34.9 45.7 31.2 12.3 43.2 55.8 59.3 83
Federal government; nonresidential equipment, current cost basis FR315013265 10.8 0.2 5.6 9.0 -1.2 6.9 3.9 14.3 84
Federal government; nonresidential intellectual property products, current cost basis FR315013765 5.5 4.7 23.0 10.1 -1.1 18.9 30.9 20.3 85
Federal government; financial assets with revaluations (IMA) FR318080005 -32.1 -4.7 0.1 -5.0 -3.3 -2.1 4.0 -5.7 86
Federal government; monetary gold and SDRs; asset FR313011105 -0.1 0.1 0.1 -3.3 -2.3 -1.5 2.9 -1.2 87
Federal government; total currency and deposits; asset FR314000005 -0.5 0.0 0.0 -1.7 -1.1 -0.6 1.1 -0.4 88
Federal government; corporate equities; asset FR313064105 -32.4 -4.7 0.0 0.0 0.0 0.0 0.0 -4.0 89
Federal government; equity investment in funding corporations under PPIP; asset FR313094303 0.9 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 90
Federal government; special drawing rights (SDRs) allocations; liability FR313111303 -0.2 0.1 0.1 -3.2 -2.2 -1.5 2.8 -1.2 91
Federal government; changes in net worth due to nominal holding gains/losses (IMA) FR318200005 32.8 35.0 74.2 48.5 8.9 68.4 91.7 89.4 92
Federal government; net worth (IMA) FC312090095 -1285.5 -1087.7 -588.8 -526.7 -495.3 -580.2 -571.8 -835.6 93
Federal government; total assets (does not include land) FL312000095 4491.0 4656.5 4937.5 5130.1 5385.5 5653.7 5693.7 6097.6 94
Federal government; nonfinancial assets (does not include land) (4) LM312010095 3061.3 3126.7 3204.8 3248.7 3252.7 3315.4 3405.6 3503.8 95
Federal government; total residential and nonresidential structures LM315015605 1414.0 1445.7 1483.1 1504.7 1506.7 1538.1 1582.1 1628.4 96
Federal government; nonresidential equipment, current cost basis LM315013265 713.1 726.6 736.2 746.8 747.4 756.5 767.5 795.4 97
Federal government; nonresidential intellectual property products, current cost basis LM315013765 934.2 954.4 985.4 997.2 998.7 1020.8 1055.9 1080.0 98
Federal government; total financial assets FL314090005 1429.7 1529.8 1732.7 1881.4 2132.8 2338.3 2288.1 2593.9 99
Federal government; monetary gold and SDRs; asset FL313011105 55.0 55.1 55.2 51.9 49.7 48.9 51.9 50.8 100
Federal government; monetary gold; asset FL313011205 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 101
Federal government; special drawing rights (SDRs) holdings; asset FL313011303 55.0 55.0 55.2 51.9 49.7 48.9 51.9 50.8 102
Federal government; total currency and deposits; asset FL314000005 144.8 155.9 221.8 277.2 379.7 446.1 275.6 453.7 103
Federal government; other reserves; asset FL313011505 25.6 24.7 23.6 20.7 19.5 19.2 21.2 20.8 104
Federal government; reserve position in IMF (net); asset FL313011405 30.3 34.4 31.0 25.3 17.7 18.7 17.9 22.3 105
Federal government; checkable deposits and currency; asset FL313020005 84.6 92.2 163.0 226.3 338.1 404.0 232.0 405.9 106
Federal government; total time and savings deposits; asset FL313030003 1.7 2.0 1.5 2.2 1.8 1.5 1.9 2.0 107
Federal government; nonofficial foreign currencies; asset FL313091105 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 108
Federal government; debt securities; asset FL314022005 31.9 0.6 0.6 0.5 0.5 0.5 0.5 0.5 109
Federal government; agency- and GSE-backed securities; asset FL313061703 31.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 110
Federal government; corporate bonds issued by commercial banking under TARP; asset FL313063763 0.8 0.6 0.6 0.5 0.5 0.5 0.5 0.5 111
Federal government; loans; asset FL314023005 788.4 920.1 1044.5 1159.0 1263.8 1366.8 1467.4 1564.2 112
Federal government; loans, excluding mortgages; asset FL314041005 678.5 808.6 929.0 1041.8 1147.3 1247.1 1346.2 1439.7 113
Federal government; consumer credit, student loans; asset FL313066220 494.8 622.2 735.5 846.2 949.7 1049.3 1145.6 1236.3 114
Federal government; other loans and advances; asset FL313069005 183.7 186.3 193.5 195.5 197.6 197.8 200.6 203.4 115
Federal government; total mortgages; asset FL313065005 109.9 111.5 115.5 117.2 116.5 119.7 121.2 124.5 116
Federal government; other equity; asset (IMA) FL313081115 118.4 99.5 95.1 95.8 98.0 99.9 101.3 102.5 117
Federal government; corporate equities; asset LM313064105 57.8 39.9 35.1 33.4 33.4 33.3 33.2 33.2 118
Federal government; U.S. equity in IBRD, etc.; asset FL313092803 55.4 57.8 60.0 62.4 64.6 66.6 68.1 69.4 119
Federal government; equity in government-sponsored enterprises (GSEs); asset (2) FL313092403 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 120
Federal government; equity investment in funding corporations under PPIP; asset LM313094303 5.2 1.8 0.0 0.0 0.0 0.0 0.0 0.0 121
Federal government; other accounts receivable; asset (IMA) FL313096005 291.3 298.6 315.5 296.9 341.2 376.0 391.5 422.1 122
Federal government; trade receivables; asset FL313070000 47.7 50.3 53.6 48.4 61.2 64.9 65.0 75.4 123
Federal government; total taxes receivable; asset FL313078000 160.3 168.5 178.5 154.8 174.3 194.1 200.1 206.7 124
Federal government; unidentified miscellaneous assets FL313093003 83.2 79.8 83.4 93.6 105.8 117.0 126.4 140.0 125
Federal government; total assets (does not include land) FL312000095 4491.0 4656.5 4937.5 5130.1 5385.5 5653.7 5693.7 6097.6 126
Federal government; total liabilities FL314190005 13958.3 15211.5 16081.3 16800.6 17551.3 18399.7 19011.6 20251.0 127
Federal government; special drawing rights (SDRs) allocations; liability FL313111303 54.2 54.3 54.4 51.2 48.9 47.5 50.3 49.1 128
Federal government; total currency and deposits; liability FL314100005 25.9 25.9 25.6 25.3 25.3 25.3 25.3 25.3 129
Federal government; debt securities; liability FL314122005 11667.2 12847.8 13705.1 14441.1 15165.6 16008.3 16455.3 17865.0 130
Federal government; Treasury securities; liability FL313161105 11642.0 12822.9 13680.6 14416.7 15141.1 15983.8 16430.9 17842.1 131
Federal government; budget agency securities; liability FL313161705 25.3 24.9 24.5 24.4 24.6 24.5 24.4 22.9 132
Federal government; loans; liability FL314123005 0.0 0.0 0.0 0.0 0.0 0.0 151.7 0.0 133
Federal government; insurance, pension and standardized guarantee schemes; liability (IMA) FL313152005 1979.7 2039.8 2039.1 2029.4 2042.7 2022.5 2013.9 1976.7 134
Federal government; life insurance reserves; liability FL313140003 50.0 50.3 50.5 51.3 51.1 51.3 51.1 51.3 135
Federal government; retiree health care funds; liability FL313195105 221.4 234.8 246.9 257.3 264.7 277.6 287.1 301.0 136
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset FL343073045 1708.3 1754.8 1741.7 1720.8 1726.9 1693.7 1675.7 1624.4 137
Federal government; other accounts payable; liability (IMA) FL313196005 231.3 243.6 257.1 253.7 268.6 296.1 315.1 334.9 138
Monetary authority; SDR certificates issued by federal government; asset FL713014003 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 139
Federal government; trade payables; liability FL313170005 222.9 235.7 249.6 246.7 262.3 290.4 309.7 329.8 140
Federal government; liability due to FICO FL313193013 3.2 2.8 2.3 1.8 1.2 0.6 0.1 -0.2 141
Federal government; net worth (IMA) FL312090095 -9467.3 -10555.0 -11143.8 -11670.5 -12165.8 -12746.0 -13317.8 -14153.4 142

NOTES

  1. The federal government sector excludes federal government employee retirement funds.
  2. 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.
  3. 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.
  4. Excludes land and nonproduced nonfinancial assets.
Last Update: December 12, 2019