Financial Accounts of the United States - Z.1
L.230 Trade Credit
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; trade payables; liability | FL893170005 | 7231.5 | 7804.6 | 8168.3 | 7886.6 | 8027.1 | 8168.3 | 8363.0 | 8525.7 | 8719.4 | 1 |
| Nonprofit organizations; trade payables; liability (1) | FL163170005 | 477.5 | 496.9 | 514.8 | 505.8 | 510.3 | 514.8 | 519.1 | 523.4 | 527.7 | 2 |
| Nonfinancial corporate business; trade payables; liability | FL103170005 | 3595.3 | 3852.2 | 3956.1 | 3810.4 | 3884.1 | 3956.1 | 4094.3 | 4193.9 | 4315.6 | 3 |
| Nonfinancial noncorporate business; trade payables; liability | FL113170005 | 831.6 | 854.7 | 881.3 | 868.2 | 876.5 | 881.3 | 886.5 | 892.8 | 902.3 | 4 |
| Federal government; trade payables; liability | FL313170005 | 498.7 | 583.6 | 615.0 | 596.4 | 600.1 | 615.0 | 630.6 | 647.4 | 658.8 | 5 |
| State and local governments; trade payables; liability | FL213170003 | 1230.1 | 1299.4 | 1372.3 | 1335.6 | 1353.9 | 1372.3 | 1391.1 | 1409.9 | 1429.2 | 6 |
| Property-casualty insurance companies; trade payables to reinsurers; liability | FL513170005 | 124.6 | 146.7 | 131.6 | 139.2 | 135.4 | 131.6 | 134.9 | 136.8 | 138.7 | 7 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 371.2 | 464.6 | 580.9 | 522.8 | 551.8 | 580.9 | 586.4 | 601.8 | 620.2 | 8 |
| Security brokers and dealers; trade payables; liability | FL663170003 | 20.0 | 18.5 | 23.1 | 19.0 | 21.8 | 23.1 | 26.6 | 26.1 | 26.3 | 9 |
| Rest of the world; trade credit and advances; liability | LM263170005 | 82.4 | 88.0 | 93.1 | 89.3 | 93.2 | 93.1 | 93.5 | 93.6 | 100.4 | 10 |
| All sectors; trade receivables; asset | FL893070005 | 7851.9 | 8450.9 | 8783.7 | 8572.9 | 8626.4 | 8783.7 | 8998.8 | 9165.3 | 9301.3 | 11 |
| Nonprofit organizations; grants and trade receivables; asset (1) | FL163070005 | 377.6 | 414.5 | 451.0 | 432.8 | 441.9 | 451.0 | 460.1 | 469.1 | 478.1 | 12 |
| Nonfinancial corporate business; trade receivables; asset | FL103070005 | 4912.6 | 5244.7 | 5333.0 | 5235.9 | 5229.9 | 5333.0 | 5495.0 | 5602.3 | 5690.3 | 13 |
| Nonfinancial noncorporate business; trade receivables; asset | FL113070003 | 1163.1 | 1191.6 | 1221.4 | 1204.1 | 1212.1 | 1221.4 | 1229.0 | 1233.9 | 1243.1 | 14 |
| Federal government; trade receivables; asset | FL313070000 | 95.4 | 108.2 | 117.3 | 113.6 | 120.4 | 117.3 | 118.1 | 125.4 | 122.6 | 15 |
| State and local governments; trade receivables; asset | FL213070003 | 309.9 | 329.5 | 338.6 | 327.5 | 333.2 | 338.6 | 348.7 | 356.1 | 365.3 | 16 |
| Property-casualty insurance companies; trade receivables, including receivables for claims from reinsurers; asset | FL513070005 | 259.7 | 304.3 | 298.0 | 311.5 | 308.0 | 298.0 | 312.0 | 316.1 | 317.4 | 17 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 136.6 | 144.7 | 151.5 | 148.1 | 149.8 | 151.5 | 152.0 | 156.4 | 160.8 | 18 |
| Issuers of asset-backed securities; trade receivables; asset | FL673070003 | 41.9 | 45.7 | 49.9 | 47.4 | 47.7 | 49.9 | 51.2 | 54.3 | 54.5 | 19 |
| Rest of the world; trade receivables; asset | LM263070005 | 555.1 | 667.5 | 823.0 | 751.9 | 783.4 | 823.0 | 832.8 | 851.7 | 869.3 | 20 |
| Instrument discrepancies; trade receivables | FL903070005 | -620.5 | -646.4 | -615.4 | -686.3 | -599.3 | -615.4 | -635.8 | -639.6 | -581.9 | 21 |
NOTES
- Included in the households and nonprofit organizations sector (tables L.101 and B.101).
Last Update: January 9, 2026