Financial Accounts of the United States - Z.1
L.105 General Government (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| General government; total financial assets | FL364090005 | 8378.5 | 8664.5 | 9201.2 | 9682.1 | 9396.4 | 9423.1 | 9865.1 | 9682.1 | 9712.7 | 1 |
| Federal government; monetary gold and SDRs; asset | FL313011105 | 635.9 | 634.8 | 710.0 | 849.2 | 745.3 | 775.7 | 860.6 | 849.2 | 980.7 | 2 |
| General government; checkable deposits and currency; asset | FL363020005 | 756.1 | 815.1 | 1151.6 | 1119.1 | 1162.0 | 1153.9 | 1257.7 | 1119.1 | 805.0 | 3 |
| General government; total time and savings deposits; asset | FL363030005 | 385.0 | 371.6 | 375.5 | 375.6 | 374.5 | 372.5 | 370.3 | 375.6 | 369.2 | 4 |
| State and local governments; money market fund shares; asset | FL213034003 | 55.5 | 65.3 | 72.0 | 81.9 | 72.5 | 73.6 | 77.1 | 81.9 | 83.4 | 5 |
| General government; security repurchase agreements; asset | FL362051005 | 201.0 | 200.6 | 219.8 | 237.5 | 223.0 | 228.9 | 243.7 | 237.5 | 242.7 | 6 |
| General government; debt securities; asset | FL364022005 | 2237.6 | 2287.3 | 2499.9 | 2677.7 | 2532.3 | 2588.7 | 2722.5 | 2677.7 | 2760.9 | 7 |
| State and local governments; commercial paper; asset | FL213069103 | 228.2 | 261.1 | 265.9 | 263.6 | 268.5 | 264.9 | 270.3 | 263.6 | 294.0 | 8 |
| State and local governments; Treasury securities, excluding SLGS; asset | FL213061103 | 1265.5 | 1303.5 | 1452.1 | 1579.1 | 1482.5 | 1521.8 | 1606.3 | 1579.1 | 1613.5 | 9 |
| General government; agency- and GSE-backed securities; asset | FL363061705 | 403.9 | 394.2 | 426.0 | 457.5 | 429.5 | 440.8 | 465.3 | 457.5 | 467.4 | 10 |
| State and local governments; municipal securities; asset | FL213062003 | 40.8 | 40.9 | 45.6 | 49.3 | 46.3 | 47.5 | 50.1 | 49.3 | 50.4 | 11 |
| General government; corporate and foreign bonds; asset | FL363063005 | 299.2 | 287.5 | 310.3 | 328.2 | 305.6 | 313.6 | 330.4 | 328.2 | 335.6 | 12 |
| General government; loans; asset | FL364023005 | 2476.0 | 2642.3 | 2518.8 | 2614.4 | 2546.7 | 2559.6 | 2609.9 | 2614.4 | 2647.5 | 13 |
| General government; total mortgages; asset | FL363065005 | 393.5 | 427.4 | 404.4 | 417.6 | 408.0 | 411.4 | 413.9 | 417.6 | 421.4 | 14 |
| Federal government; consumer credit, student loans; asset | FL313066220 | 1436.4 | 1487.3 | 1462.2 | 1518.0 | 1488.6 | 1484.9 | 1515.7 | 1518.0 | 1539.5 | 15 |
| General government; other loans and advances; asset | FL363069005 | 646.1 | 727.6 | 652.2 | 678.8 | 650.1 | 663.4 | 680.3 | 678.8 | 686.6 | 16 |
| General government; corporate equities; asset | LM363064105 | 154.7 | 154.9 | 168.9 | 180.0 | 171.0 | 174.6 | 182.5 | 180.0 | 183.2 | 17 |
| Federal government; other equity; asset (IMA) | FL313081115 | 91.8 | 88.3 | 82.1 | 80.4 | 82.1 | 81.5 | 82.0 | 80.4 | 80.1 | 18 |
| State and local governments; mutual fund shares; asset | LM213064203 | 58.3 | 58.4 | 65.1 | 70.5 | 66.1 | 67.9 | 71.7 | 70.5 | 72.0 | 19 |
| General government; trade receivables; asset | FL363070005 | 371.0 | 405.3 | 437.7 | 448.8 | 432.1 | 439.5 | 446.1 | 448.8 | 455.6 | 20 |
| General government; taxes receivable; asset | FL363078005 | 730.0 | 734.8 | 677.0 | 714.8 | 760.2 | 674.6 | 699.8 | 714.8 | 793.9 | 21 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 172.9 | 154.0 | 174.8 | 192.7 | 180.9 | 185.7 | 196.0 | 192.7 | 196.9 | 22 |
| General government; total liabilities | FL364190005 | 36114.4 | 37162.3 | 39691.4 | 41651.0 | 40145.4 | 40326.3 | 40919.9 | 41651.0 | 42185.6 | 23 |
| Federal government; special drawing rights (SDRs) allocations; liability | LM313111303 | 160.8 | 152.9 | 154.1 | 149.8 | 152.1 | 151.1 | 155.8 | 149.8 | 152.6 | 24 |
| Federal government; Treasury currency; liability | FL313125003 | 50.8 | 51.4 | 52.6 | 53.1 | 52.8 | 53.0 | 53.1 | 53.1 | 53.0 | 25 |
| Federal government; postal savings system deposits; liability | FL313131003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 26 |
| General government; debt securities; liability | FL364122005 | 25856.8 | 27093.6 | 29497.9 | 31508.6 | 30097.3 | 30227.9 | 30942.1 | 31508.6 | 31843.8 | 27 |
| Federal government; Treasury securities; liability | FL313161105 | 22557.5 | 23845.0 | 26226.6 | 28139.5 | 26808.6 | 26903.1 | 27586.4 | 28139.5 | 28447.3 | 28 |
| Federal government; budget agency securities; liability | FL313161705 | 19.8 | 19.8 | 20.2 | 20.5 | 19.9 | 20.2 | 20.3 | 20.5 | 20.7 | 29 |
| State and local governments; municipal securities; liability | FL213162005 | 3279.5 | 3228.8 | 3251.2 | 3348.6 | 3268.7 | 3304.6 | 3335.4 | 3348.6 | 3375.8 | 30 |
| General government; loans; liability | FL364123005 | 2749.7 | 3009.9 | 3249.3 | 3482.3 | 3235.2 | 3254.7 | 3315.7 | 3482.3 | 3452.3 | 31 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 32 |
| General government; other loans and advances; liability | FL363169005 | 2749.7 | 3009.9 | 3249.3 | 3482.3 | 3235.2 | 3254.7 | 3315.7 | 3482.3 | 3452.3 | 33 |
| Federal government; life insurance reserves; liability | FL313140003 | 52.6 | 53.0 | 54.3 | 56.5 | 55.2 | 55.3 | 56.3 | 56.5 | 57.6 | 34 |
| General government; trade payables; liability | FL363170005 | 1671.7 | 1727.7 | 1880.9 | 1985.0 | 1897.9 | 1929.6 | 1951.8 | 1985.0 | 2019.9 | 35 |
| General government; total miscellaneous liabilities | FL363190005 | 5571.8 | 5073.9 | 4802.2 | 4415.8 | 4654.8 | 4654.8 | 4445.1 | 4415.8 | 4606.3 | 36 |
| General government (consolidated); total financial assets (2) | FL374090005 | 6939.9 | 7197.0 | 7587.7 | 7929.6 | 7751.6 | 7730.7 | 8072.7 | 7929.6 | 7936.6 | 37 |
| General government (consolidated); total liabilities (2) | FL374190005 | 34675.8 | 35694.8 | 38078.0 | 39898.5 | 38500.6 | 38633.9 | 39127.5 | 39898.5 | 40409.4 | 38 |
NOTES
- Sum of the federal government and state and local governments sectors.
- Excludes Treasury securities and municipal securities held by state and local governments (lines 9 and 11) and federal government loans to state and local governments (line 33).
Last Update: June 12, 2025