Financial Accounts of the United States - Z.1
B.1 Derivation of U.S. Net Wealth
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2022 | 2023 | 2024 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; U.S. wealth (1) | FL892090005 | 135285.9 | 144557.1 | 156707.3 | 153344.8 | 155465.2 | 156707.3 | 154295.6 | 161591.7 | 166797.1 | 1 |
| Households and nonprofit organizations; nonfinancial assets | LM152010005 | 54832.2 | 57680.9 | 60080.5 | 60592.9 | 60321.8 | 60080.5 | 60469.7 | 61743.2 | 61596.7 | 2 |
| Households and nonprofit organizations; real estate at market value | LM155035005 | 46325.3 | 48912.5 | 51012.0 | 51690.1 | 51361.1 | 51012.0 | 51261.5 | 52344.3 | 52056.9 | 3 |
| Nonprofit organizations; equipment, current cost basis | LM165015205 | 622.3 | 653.5 | 681.7 | 669.2 | 676.8 | 681.7 | 688.0 | 699.8 | 716.2 | 4 |
| Nonprofit organizations; nonresidential intellectual property products, current cost basis | LM165013765 | 245.3 | 258.3 | 275.6 | 265.5 | 270.5 | 275.6 | 279.1 | 282.1 | 289.6 | 5 |
| Households and nonprofit organizations; consumer durable goods, current cost basis | LM155111005 | 7639.3 | 7856.6 | 8111.2 | 7968.1 | 8013.4 | 8111.2 | 8241.1 | 8416.9 | 8534.0 | 6 |
| Nonfinancial noncorporate business; nonfinancial assets | LM112010005 | 19102.3 | 18758.4 | 19036.3 | 18828.1 | 18901.9 | 19036.3 | 18983.6 | 19031.4 | 19163.3 | 7 |
| Nonfinancial noncorporate business; real estate at market value | LM115035005 | 17293.6 | 16866.7 | 17050.5 | 16886.7 | 16942.8 | 17050.5 | 16983.4 | 17024.9 | 17098.6 | 8 |
| Nonfinancial noncorporate business; equipment, current cost basis | LM115015205 | 1084.8 | 1124.4 | 1161.7 | 1146.9 | 1157.4 | 1161.7 | 1152.7 | 1156.4 | 1164.5 | 9 |
| Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis | LM115013765 | 412.9 | 449.5 | 484.9 | 462.5 | 472.3 | 484.9 | 488.3 | 492.0 | 500.0 | 10 |
| Nonfinancial noncorporate business; inventories | LM115020005 | 311.0 | 317.8 | 339.1 | 332.0 | 329.4 | 339.1 | 359.2 | 358.1 | 400.2 | 11 |
| Security brokers and dealers; proprietors' equity in noncorporate business (2) | LM662090003 | 109.8 | 123.8 | 140.6 | 128.0 | 131.9 | 140.6 | 152.1 | 153.1 | 158.0 | 12 |
| All domestic sectors; market value estimate of nonfinancial assets | LM882010405 | 56203.3 | 66626.3 | 81137.4 | 74879.3 | 78143.4 | 81137.4 | 76149.5 | 83212.0 | 90166.5 | 13 |
| Nonfinancial corporate business; market value estimate of nonfinancial assets (3) | LM102010405 | 50908.5 | 61364.0 | 74060.2 | 68731.2 | 72021.5 | 74060.2 | 69456.0 | 76301.4 | 83045.3 | 14 |
| Domestic financial sectors; market value estimate of nonfinancial assets (3) | LM792010405 | 5294.8 | 5262.3 | 7077.2 | 6148.0 | 6121.9 | 7077.2 | 6693.4 | 6910.6 | 7121.3 | 15 |
| Federal government; nonfinancial assets (does not include land) (4) | LM315015005 | 4442.1 | 4570.2 | 4710.1 | 4640.5 | 4672.6 | 4710.1 | 4778.9 | 4831.0 | 4873.7 | 16 |
| Federal government; total residential and nonresidential structures | LM315015605 | 2131.0 | 2168.8 | 2196.4 | 2191.6 | 2195.5 | 2196.4 | 2229.6 | 2245.4 | 2264.1 | 17 |
| Federal government; nonresidential equipment, current cost basis | LM315013265 | 952.6 | 990.5 | 1023.6 | 1003.9 | 1010.2 | 1023.6 | 1036.3 | 1050.9 | 1058.9 | 18 |
| Federal government; nonresidential intellectual property products, current cost basis | LM315013765 | 1358.5 | 1410.9 | 1490.1 | 1445.1 | 1466.9 | 1490.1 | 1513.0 | 1534.8 | 1550.7 | 19 |
| State and local governments; nonfinancial assets (does not include land) (4) | LM212010095 | 15605.2 | 16021.3 | 16561.9 | 16268.6 | 16438.3 | 16561.9 | 16766.9 | 16946.5 | 17112.0 | 20 |
| State and local governments; total residential and nonresidential structures | LM215015605 | 15104.3 | 15495.0 | 16019.8 | 15734.3 | 15899.6 | 16019.8 | 16227.4 | 16403.4 | 16561.4 | 21 |
| State and local governments; nonresidential equipment, current cost basis | LM215013265 | 310.9 | 324.1 | 324.0 | 325.3 | 324.7 | 324.0 | 320.3 | 320.8 | 322.8 | 22 |
| State and local governments; nonresidential intellectual property products, current cost basis | LM215013765 | 190.0 | 202.2 | 218.2 | 209.1 | 214.0 | 218.2 | 219.2 | 222.3 | 227.9 | 23 |
| All domestic sectors; U.S. financial claims on the rest of the world; asset | FL882090265 | -15009.0 | -19223.8 | -24959.6 | -21992.7 | -23144.6 | -24959.6 | -23005.2 | -24325.6 | -26273.1 | 24 |
| Rest of the world; total liabilities and equity | FL264194005 | 27094.2 | 30290.2 | 32129.4 | 31767.0 | 33315.1 | 32129.4 | 33583.7 | 36213.0 | 37847.5 | 25 |
| Rest of the world; foreign corporate equities including foreign investment fund shares; liability | LM263164100 | 10132.0 | 11267.0 | 11996.3 | 11878.5 | 12616.0 | 11996.3 | 12415.3 | 13669.1 | 14516.5 | 26 |
| Rest of the world; total financial liabilities and foreign direct investment: equity | FL264194035 | 16962.1 | 19023.2 | 20133.1 | 19888.5 | 20699.1 | 20133.1 | 21168.4 | 22543.9 | 23331.0 | 27 |
| Rest of the world; total financial assets | FL264090005 | 42103.1 | 49514.1 | 57088.9 | 53759.7 | 56459.7 | 57088.9 | 56588.9 | 60538.5 | 64120.6 | 28 |
| Rest of the world; U.S. corporate equities; asset | LM263064105 | 10801.2 | 13415.2 | 16891.6 | 15348.0 | 16275.0 | 16891.6 | 16180.9 | 18110.3 | 19592.3 | 29 |
| Rest of the world; total financial assets excluding U.S. corporate equities and mutual fund shares | FL264090035 | 31302.0 | 36098.8 | 40197.4 | 38411.7 | 40184.7 | 40197.4 | 40408.0 | 42428.3 | 44528.3 | 30 |
| All sectors; U.S. wealth | FL892090005 | 135285.9 | 144557.1 | 156707.3 | 153344.8 | 155465.2 | 156707.3 | 154295.6 | 161591.7 | 166797.1 | 31 |
| All sectors; U.S. wealth | FC892090005 | -919.5 | 9271.2 | 12150.2 | 3047.6 | 2120.4 | 1242.1 | -2411.6 | 7296.0 | 5205.5 | 32 |
| All sectors; U.S. wealth | PC892090005 | -0.68 | 6.85 | 8.41 | 2.03 | 1.38 | 0.80 | -1.54 | 4.73 | 3.22 | 33 |
| Households and nonprofit organizations; net worth (5) | FL152090005 | 143858.2 | 156064.3 | 169427.4 | 164661.2 | 168719.2 | 169427.4 | 168414.5 | 175567.6 | 181631.6 | 34 |
| Households and nonprofit organizations; net worth | FC152090005 | -7842.8 | 12206.1 | 13363.1 | 3061.3 | 4057.9 | 708.2 | -1012.9 | 7153.1 | 6064.0 | 35 |
| Households and nonprofit organizations; net worth | PC152090005 | -5.17 | 8.48 | 8.56 | 1.89 | 2.46 | 0.42 | -0.60 | 4.25 | 3.45 | 36 |
NOTES
- U.S. net wealth measures the value of tangible assets controlled by the household and nonprofit organizations, nonfinancial and financial business, and government sectors of the U.S. economy, net of U.S. financial obligations to the rest of the world (sum of lines 2+7+12+13+16+20+24).
- Assumed to be equal to proprietors' equity in noncorporate brokers and dealers.
- Estimated as the market value of corporate equity, plus foreign direct investment: equity, plus miscellaneous other equity (excluding proprietors' equity), plus total liabilities, less total financial assets.
- Excludes land and nonproduced nonfinancial assets.
- Household net worth is calculated as the difference between total assets and liabilities of the household and nonprofit organizations sector. See table B.101.
Last Update: January 9, 2026