F.105 General Government (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2019 2020 2021 2020 Q3 2020 Q4 2021 Q1 2021 Q2 2021 Q3 2021 Q4 Line
General government; current receipts, NIPA basis FA366010115 6506.7 6781.1 7768.6 6669.7 6815.3 7083.3 8209.2 7836.5 7945.6 1
General government; personal current taxes FA366210005 2205.1 2195.6 2582.5 2181.8 2259.8 2412.1 2532.5 2641.1 2744.4 2
General government; taxes on production and imports, receivable (IMA) FA366240005 1532.3 1534.7 1641.5 1544.0 1557.0 1580.1 1636.3 1654.7 1694.7 3
General government; taxes on corporate income (accrual basis) FA366231005 289.9 263.8 389.1 288.5 304.0 331.9 366.9 381.2 476.3 4
Federal government; taxes from the rest of the world FA316231061 27.2 27.4 30.2 26.6 28.3 29.4 29.3 30.3 31.6 5
General government; contributions for government social insurance received FA366601005 1426.6 1464.5 1596.6 1463.7 1506.5 1539.2 1577.7 1616.9 1652.8 6
General government; property income (received) FA366150105 206.7 216.2 233.9 228.5 213.5 207.3 237.0 248.7 242.7 7
General government; other current transfers received FA366403105 832.1 1096.4 1307.5 954.3 964.3 1002.6 1844.8 1269.4 1113.1 8
General government; operating surplus, net FA366402105 -13.3 -17.5 -12.6 -17.7 -18.1 -19.3 -15.4 -5.8 -10.1 9
General government; current expenditures FA366900015 7703.2 9814.9 10262.7 10252.3 9003.6 11184.0 10693.2 9866.5 9307.3 10
General government; consumption expenditures FA366901005 2973.9 3078.0 3250.7 3079.4 3088.7 3186.5 3223.4 3276.7 3316.3 11
General government; social contributions paid FA366404005 3107.1 4214.4 4561.8 4345.5 3698.4 5957.4 4287.2 4097.9 3904.7 12
General government; other current transfers paid FA366403005 659.5 931.9 1150.6 792.1 793.5 837.9 1679.9 1133.5 951.0 13
General government; interest paid FA366130005 889.7 829.2 806.6 814.2 803.6 795.9 797.1 803.2 830.1 14
General government; subsidies paid FA366402005 73.0 761.4 493.0 1221.2 619.2 406.3 705.6 555.1 305.2 15
General government; net saving including net capital transfers paid FA366006005 -1196.5 -3033.9 -2494.1 -3582.6 -2188.3 -4100.6 -2484.0 -2030.0 -1361.7 16
General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA366300005 586.9 606.4 645.6 609.6 616.1 624.7 637.8 651.5 668.5 17
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (2) FA313154015 -2.2 -4.0 -2.3 -3.6 -3.2 -1.9 -5.7 -0.1 -1.6 18
General government; net capital transfers paid excluding payments under the financial stabilization program (3) FA365440095 3.8 -10.0 37.7 -12.1 -12.0 196.0 -15.2 -15.0 -15.0 19
General government; gross saving less net capital transfers paid FA366000105 -611.2 -2413.5 -1883.8 -2957.3 -1557.0 -3670.0 -1825.3 -1363.4 -676.6 20
General government; gross investment FA365090005 -575.2 -2480.1 -1699.1 -1642.4 -1405.2 -3517.1 -1695.5 -1290.8 -292.9 21
General government; gross fixed investment FA365019005 740.0 781.5 802.3 782.3 796.5 790.8 792.5 808.1 817.7 22
General government; acquisition of nonproduced nonfinancial assets (net) FA365420005 14.2 14.4 9.2 6.3 17.5 -0.4 17.9 0.3 18.8 23
General government; net lending (+) or borrowing (-) (financial account) FA365000005 -1329.4 -3276.0 -2510.6 -2431.0 -2219.2 -4307.6 -2505.9 -2099.2 -1129.5 24
General government; total financial assets FA364090005 117.2 2068.4 -669.3 422.2 113.1 -2098.1 -113.6 -1675.1 1209.8 25
Federal government; U.S. official reserve assets FA313011005 4.6 8.9 111.3 7.2 9.8 -8.5 1.8 450.9 0.8 26
General government; checkable deposits and currency; asset FA363020005 7.2 1417.1 -1208.1 220.2 -162.5 -2195.5 -807.2 -2553.4 723.8 27
General government; total time and savings deposits; asset FA363030005 20.0 -10.9 -29.8 10.6 -126.0 35.6 -72.5 -33.7 -48.7 28
State and local governments; money market fund shares; asset FA213034003 6.8 7.9 3.4 -4.0 0.5 5.2 1.2 0.2 6.9 29
State and local governments; security repurchase agreements; asset FA212051003 -1.3 15.7 10.0 10.0 10.0 10.0 10.0 10.0 10.0 30
General government; debt securities; asset FA364022005 35.7 219.8 356.6 45.1 193.7 135.2 808.5 298.0 184.7 31
State and local governments; commercial paper; asset FA213069103 -0.6 -0.4 4.0 4.0 4.0 4.0 4.0 4.0 4.0 32
State and local governments; Treasury securities, including SLGS; asset FA213061105 51.4 291.3 393.0 138.7 248.1 227.3 830.6 320.7 193.5 33
General government; agency- and GSE-backed securities; asset FA363061705 2.4 -71.4 -32.7 -48.7 -49.4 -64.6 -2.8 -44.7 -18.8 34
State and local governments; municipal securities; asset FA213062003 -0.9 1.5 3.8 1.4 0.5 4.1 2.1 4.8 4.3 35
General government; corporate and foreign bonds; asset FA363063005 -16.6 -1.2 -11.5 -50.3 -9.5 -35.7 -25.4 13.2 1.8 36
General government; loans; asset FA364023005 91.6 258.5 181.3 325.3 91.7 120.3 121.4 264.6 219.0 37
General government; total mortgages; asset FA363065005 -1.3 8.7 9.3 9.0 14.6 12.0 9.1 10.3 5.9 38
Federal government; consumer credit, student loans; asset FA313066220 83.0 61.7 56.1 52.2 32.7 78.5 74.0 48.0 23.9 39
Federal government; other loans and advances; asset FA313069005 9.9 188.1 115.9 264.1 44.4 29.8 38.3 206.3 189.3 40
General government; corporate equities; asset FA363064105 -3.4 -3.4 -3.4 -3.4 -3.4 -3.4 -3.4 -3.4 -3.4 41
State and local governments; mutual fund shares; asset FA213064203 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 42
General government; trade receivables; asset FA363070005 17.2 18.9 53.7 66.1 57.1 62.7 49.2 57.3 45.8 43
General government; taxes receivable; asset FA363078005 -10.7 -5.5 -105.4 -315.3 20.2 -39.2 -265.8 -155.2 38.4 44
General government; total miscellaneous assets FA363090005 -51.7 140.1 -40.0 59.3 20.8 -221.7 41.9 -11.6 31.3 45
General government; total liabilities FA364190005 1446.6 5344.5 1841.3 2853.2 2332.3 2209.5 2392.3 424.1 2339.2 46
Federal government; special drawing rights (SDRs) allocations; liability FA313111303 0.0 0.0 112.8 0.0 0.0 0.0 0.0 451.3 0.0 47
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 0.0 48
Federal government; Treasury currency; liability FA313112003 -0.5 -0.0 -0.1 -0.2 0.0 0.0 0.0 -0.5 0.0 49
General government; debt securities; liability FA364122005 1172.6 4671.5 1743.9 1548.7 1995.9 2231.3 2417.8 -988.6 3315.2 50
Federal government; Treasury securities; liability FA313161105 1176.6 4582.2 1683.8 1378.2 1947.6 2123.8 2314.9 -1048.1 3344.8 51
Federal government; budget agency securities; liability FA313161705 -1.7 -1.0 -0.4 -3.5 0.2 -1.5 -0.0 -1.3 1.1 52
State and local governments; municipal securities; liability FA213162005 -2.3 90.3 60.5 173.9 48.1 109.0 103.0 60.8 -30.7 53
General government; loans; liability FA364123005 1.0 1.0 10.3 1.8 1.1 0.7 0.0 722.0 -681.3 54
Federal government; multifamily residential mortgages; liability FA313165403 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 55
General government; other loans and advances; liability FA363169005 1.0 1.0 10.3 1.8 1.1 0.7 0.0 722.0 -681.3 56
General government; trade payables; liability FA363170005 84.6 65.6 120.6 131.0 112.0 90.3 121.3 128.0 142.7 57
Federal government; life insurance reserves; liability FA313140003 0.9 0.2 0.3 1.4 0.0 1.1 -3.4 3.7 -0.4 58
General government; total miscellaneous liabilities FA363190005 188.0 606.2 -146.5 1170.5 223.3 -113.9 -143.4 108.2 -437.0 59
General government; sector discrepancy FA367005005 -36.0 66.6 -184.7 -1314.9 -151.9 -152.9 -129.7 -72.6 -383.6 60
General government (consolidated); total financial assets (4) FA374090005 65.6 1774.6 -1066.6 280.4 -136.7 -2330.2 -946.3 -2000.3 1010.6 61
General government (consolidated); total liabilities (4) FA374190005 1395.0 5050.6 1444.0 2711.4 2082.6 1977.3 1559.6 98.9 2140.0 62

NOTES

  1. Sum of the federal government and state and local governments sectors.
  2. Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves. Saving transferred to the households and nonprofit organizations sector. Includes value of Treasury and agency- and GSE-backed securities held by state and local government employee retirement funds.
  3. Table F.5, line 63 less line 12.
  4. Excludes Treasury securities and municipal securities held by state and local governments (lines 33 and 35) and federal government loans to state and local governments (line 56).
Last Update: March 10, 2022