L.230 Trade Credit
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2022 2023 2024 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 Line
All sectors; trade payables; liability FL893170005 7251.0 7833.3 8202.6 7773.1 7920.8 8058.3 8202.6 8401.6 8575.9 1
Nonprofit organizations; trade payables; liability (1) FL163170005 498.1 527.7 557.6 535.2 542.6 550.1 557.6 565.1 572.6 2
Nonfinancial corporate business; trade payables; liability FL103170005 3595.3 3852.2 3950.7 3731.2 3810.4 3878.1 3950.7 4088.4 4197.8 3
Nonfinancial noncorporate business; trade payables; liability FL113170005 831.6 854.7 881.4 862.8 868.2 876.5 881.4 886.6 892.8 4
Federal government; trade payables; liability FL313170005 498.7 583.6 615.0 582.8 596.4 600.3 615.0 630.6 650.3 5
State and local governments; trade payables; liability FL213170003 1229.0 1297.3 1369.3 1315.1 1333.0 1351.1 1369.3 1387.8 1406.5 6
Property-casualty insurance companies; trade payables to reinsurers; liability FL513170005 124.6 146.7 131.6 142.9 139.2 135.4 131.6 134.9 136.8 7
Life insurance companies; trade payables to insurers; liability FL543170005 371.2 464.6 580.9 493.7 522.8 551.8 580.9 587.8 597.5 8
Security brokers and dealers; trade payables; liability FL663170003 20.0 18.5 23.1 21.3 19.0 21.8 23.1 26.6 26.1 9
Rest of the world; trade credit and advances; liability LM263170005 82.4 88.0 93.1 88.0 89.3 93.2 93.1 93.8 95.6 10
All sectors; trade receivables; asset FL893070005 7848.0 8445.5 8770.9 8403.7 8566.6 8617.0 8770.9 8978.8 9137.4 11
Nonprofit organizations; grants and trade receivables; asset (1) FL163070005 373.7 409.1 443.9 417.8 426.5 435.2 443.9 452.6 461.2 12
Nonfinancial corporate business; trade receivables; asset FL103070005 4912.6 5244.7 5332.4 5135.0 5235.9 5232.6 5332.4 5494.5 5606.1 13
Nonfinancial noncorporate business; trade receivables; asset FL113070003 1163.1 1191.6 1221.4 1197.9 1204.1 1212.1 1221.4 1229.0 1233.9 14
Federal government; trade receivables; asset FL313070000 95.4 108.2 112.5 110.7 113.6 115.3 112.5 113.6 121.3 15
State and local governments; trade receivables; asset FL213070003 309.9 329.5 338.2 321.6 327.5 332.8 338.2 339.5 347.6 16
Property-casualty insurance companies; trade receivables, including receivables for claims from reinsurers; asset FL513070005 259.7 304.3 298.0 311.7 311.5 308.0 298.0 312.0 316.1 17
Life insurance companies; trade receivables from insurers; liability FL543070005 136.6 144.7 151.5 146.4 148.1 149.8 151.5 153.4 155.8 18
Issuers of asset-backed securities; trade receivables; asset FL673070003 41.9 45.7 49.9 45.6 47.4 47.7 49.9 51.2 54.3 19
Rest of the world; trade receivables; asset LM263070005 555.1 667.5 823.0 717.0 751.9 783.4 823.0 833.0 841.1 20
Instrument discrepancies; trade receivables FL903070005 -597.0 -612.2 -568.3 -630.6 -645.8 -558.7 -568.3 -577.2 -561.5 21

NOTES

  1. Included in the households and nonprofit organizations sector (tables L.101 and B.101).
Last Update: September 11, 2025