F.105 General Government (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2021 2022 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 Line
General government; current receipts, NIPA basis FA366010115 7966.6 8638.7 8609.2 8704.8 8635.6 8605.4 8321.4 8264.9 8321.7 1
General government; personal current taxes FA366210005 2743.3 3138.3 3162.8 3157.8 3137 3095.7 2763.7 2703.8 2778.1 2
General government; taxes on production and imports, receivable (IMA) FA366240005 1671.9 1810.2 1784 1812.3 1824 1820.6 1831.1 1821.6 1833.7 3
General government; taxes on corporate income (accrual basis) FA366231005 390.8 527.5 513.9 532.3 529.8 534.1 561.1 554.1 552.7 4
Federal government; taxes from the rest of the world FA316231061 31.1 33.8 34.1 34.2 33.4 33.3 34.5 34.9 34.5 5
General government; contributions for government social insurance received FA366601005 1563.3 1707.4 1668.8 1690.4 1731.9 1738.6 1779.9 1800.1 1820.9 6
General government; property income (received) FA366150105 233.7 212.4 266.6 246.1 180.9 156 142.8 142.4 147.1 7
General government; other current transfers received FA366403105 1337.4 1204.6 1171 1224.1 1194 1229.5 1215.4 1218.1 1165.9 8
General government; operating surplus, net FA366402105 -5 4.4 8 7.6 4.5 -2.3 -7.1 -10 -11.2 9
General government; current expenditures FA366900015 10463.1 9640.6 9406.1 9571.3 9687.9 9897 10058.5 10115.3 10204.2 10
General government; consumption expenditures FA366901005 3366.3 3570.1 3473.2 3557.1 3595.5 3654.4 3702.1 3695.5 3790.5 11
General government; social contributions paid FA366404005 4586.7 3931.7 3891.9 3919 3912.1 4003.9 4032.7 4049 4021.6 12
General government; other current transfers paid FA366403005 1172 1037.7 1003.8 1039 1063.9 1043.9 1070.3 1068.8 1008.6 13
General government; interest paid FA366130005 855.5 973.7 885.2 926 998 1085.5 1152 1202.1 1279.9 14
General government; subsidies paid FA366402005 482.7 127.4 152 130.1 118.4 109.2 101.4 99.9 103.7 15
General government; net saving including net capital transfers paid FA366006005 -2496.6 -1001.9 -797 -866.5 -1052.3 -1291.6 -1737.1 -1850.4 -1882.5 16
General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA366300005 659 722.3 698 717.4 731.8 742.1 754.1 759.7 766.9 17
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (2) FA313154015 -1.2 -2.7 -2.5 -3.9 -3 -1.5 -0.9 -0.8 -2 18
General government; net capital transfers paid excluding payments under the financial stabilization program (3) FA365440095 38.3 -45.9 -22.7 -122 24.4 -63.6 -3.8 6.6 432.5 19
General government; gross saving less net capital transfers paid FA366000105 -1874.6 -230.9 -73.8 -23.2 -342 -484.5 -978.3 -1096.6 -1546.1 20
General government; gross investment FA365090005 -1643.8 -340.1 -244.3 571 -1044.9 -642.2 -1217.1 -1772.7 -1565.1 21
General government; gross fixed investment FA365019005 826.8 876.8 848.2 858.5 882.3 918 941.8 974.4 1001.9 22
General government; acquisition of nonproduced nonfinancial assets (net) FA365420005 9.2 -89.1 -305.5 1.8 -71.4 18.9 19.7 19.9 16.3 23
General government; net lending (+) or borrowing (-) (financial account) FA365000005 -2479.8 -1127.8 -787 -289.3 -1855.8 -1579 -2178.6 -2767 -2583.4 24
General government; total financial assets FA364090005 -654.1 521.8 1788 1328.3 -470 -559.2 -584.3 865.2 868.1 25
Federal government; U.S. official reserve assets FA313011005 114.1 5.8 3.7 4.6 3.3 11.6 3.1 0.9 -2.1 26
General government; checkable deposits and currency; asset FA363020005 -1207.8 57.2 1193.3 633 -738.6 -858.8 -897.3 962.9 860.4 27
General government; total time and savings deposits; asset FA363030005 -29.6 -13.4 5.6 -72.7 -12.4 26 4.9 45.1 -28.5 28
State and local governments; money market fund shares; asset FA213034003 15.3 9.8 2.6 7.1 10.4 19.1 24.8 11.8 13.3 29
State and local governments; security repurchase agreements; asset FA212051003 10 10 10 10 10 10 10 10 10 30
General government; debt securities; asset FA364022005 332.4 336.3 270.1 734.1 241.2 99.9 218.6 159.1 146.8 31
State and local governments; commercial paper; asset FA213069103 4 4 4 4 4 4 4 4 4 32
State and local governments; Treasury securities, including SLGS; asset FA213061105 383.9 300.1 244.7 681.5 190.3 83.8 189.4 134.2 124.5 33
General government; agency- and GSE-backed securities; asset FA363061705 -39.8 36.3 41.8 48.7 47.3 7.2 13.7 6.3 -2.9 34
State and local governments; municipal securities; asset FA213062003 3.8 6.4 5.5 6 6.7 7.4 8.1 8.8 9.5 35
General government; corporate and foreign bonds; asset FA363063005 -19.5 -10.5 -26 -6.1 -7.2 -2.6 3.5 5.8 11.8 36
General government; loans; asset FA364023005 185.6 162.7 244.2 220.1 93.9 92.5 33.5 -119.4 -111.7 37
General government; total mortgages; asset FA363065005 13.7 21 14.9 20.7 27.2 21.4 14.6 12.1 19.8 38
Federal government; consumer credit, student loans; asset FA313066220 55.4 51 40.1 68.5 46.5 48.7 18.8 22.9 -132 39
Federal government; other loans and advances; asset FA313069005 116.6 90.7 189.2 130.8 20.1 22.5 0.1 -154.5 0.5 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
Federal government; other equity; asset (IMA) FA313081115 -91.5 -3.5 1.2 -7 1.3 -9.5 1.1 -1.7 8.7 42
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 43
General government; trade receivables; asset FA363070005 56.6 22.2 37.6 28.5 4.6 18.2 -11.9 3.9 39.6 44
General government; taxes receivable; asset FA363078005 -101.9 -64.1 23.4 -236.2 -103.4 59.9 57.5 -147.9 -1.7 45
General government; total miscellaneous assets FA363090005 65.1 0.9 -1.5 9 22 -26 -26.3 -57.4 -64.6 46
General government; total liabilities FA364190005 1825.8 1649.5 2575 1617.6 1385.7 1019.8 1594.4 3632.2 3451.5 47
Federal government; special drawing rights (SDRs) allocations; liability FA313111303 112.8 0 0 0 0 0 0 0 0 48
Monetary authority; SDR certificates issued by federal government; asset FA713014003 0 0 0 0 0 0 0 0 0 49
Federal government; Treasury currency; liability FA313112003 -0.1 -0.4 0 0 -1.7 0 0 0 0 50
General government; debt securities; liability FA364122005 1752.5 1494.5 2508.2 1495.8 1084.5 889.5 142.1 4620.7 2956.9 51
Federal government; Treasury securities; liability FA313161105 1683.8 1546.9 2587.8 1441.8 1102.6 1055.2 104.2 4538.7 2962 52
Federal government; budget agency securities; liability FA313161705 -0.4 0 -1.6 1.3 -1.5 1.8 -0.2 -7 6.3 53
State and local governments; municipal securities; liability FA213162005 69.1 -52.4 -78.1 52.7 -16.6 -167.5 38 89 -11.4 54
General government; loans; liability FA364123005 0.5 0.7 0.5 0.4 0.6 1.5 1092.4 -1090.5 0 55
Federal government; multifamily residential mortgages; liability FA313165403 0 0 0 0 0 0 0 0 0 56
General government; other loans and advances; liability FA363169005 0.5 0.7 0.5 0.4 0.6 1.5 1092.4 -1090.5 0 57
Federal government; life insurance reserves; liability FA313140003 0.3 0.4 0.9 -0.3 1 -0.1 2 -0.2 2.9 58
General government; trade payables; liability FA363170005 115.3 112 133.2 151.5 84.4 79 53.5 83.8 135.5 59
General government; total miscellaneous liabilities FA363190005 -155.5 42.3 -67.7 -29.8 217 49.9 304.4 18.4 356.2 60
General government; sector discrepancy FA367005005 -230.9 109.2 170.5 -594.2 702.9 157.7 238.7 676.2 19 61
General government (consolidated); total financial assets (4) FA374090005 -1042.2 214.5 1537.3 640.4 -667.6 -652 -782.8 721.3 734.1 62
General government (consolidated); total liabilities (4) FA374190005 1437.6 1342.3 2324.3 929.7 1188.1 927.1 1395.9 3488.4 3317.5 63

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 57).
Last Update: December 7, 2023