Financial Accounts of the United States - Z.1
F.133 Rest of the world
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Foreign income from U.S. | FA266905005 | 5609.5 | 6075.2 | 6227.3 | 6210.9 | 6173.0 | 6456.1 | 6155.3 | 6124.0 | 6173.9 |
| Line 2 | U.S. imports | FA266903001 | 3859.9 | 4113.8 | 4245.8 | 4194.8 | 4186.9 | 4558.3 | 4167.3 | 4123.4 | 4134.3 |
| Line 3 | U.S. income payments to rest of world | FA266904101 | 1312.2 | 1493.9 | 1543.9 | 1497.1 | 1507.4 | 1452.7 | 1544.2 | 1565.5 | 1613.3 |
| Line 4 | Curr. taxes and trans. payments to rest of world | FA266400101 | 437.4 | 467.5 | 437.6 | 519.0 | 478.7 | 445.1 | 443.8 | 435.1 | 426.3 |
| Line 5 | Foreign outlays to U.S. | FA266900005 | 4671.6 | 4895.3 | 5056.9 | 4892.5 | 4990.4 | 4953.5 | 4988.2 | 5144.9 | 5141.0 |
| Line 6 | U.S. exports | FA266903011 | 3073.4 | 3215.4 | 3319.7 | 3256.5 | 3248.3 | 3293.7 | 3267.5 | 3366.9 | 3350.6 |
| Line 7 | U.S. income receipts from rest of world | FA266904001 | 1397.9 | 1485.6 | 1543.0 | 1444.9 | 1546.5 | 1454.8 | 1525.8 | 1591.0 | 1600.3 |
| Line 8 | Curr. taxes and trans. payments from rest of world | FA266400201 | 200.4 | 194.4 | 194.2 | 191.1 | 195.7 | 205.0 | 194.9 | 187.0 | 190.1 |
| Line 9 | - Net capital transfers paid1 | FA265440005 | -7.6 | 2.9 | 0.3 | -9.6 | 37.9 | 27.4 | -8.1 | -5.5 | -12.6 |
| Line 10 | Gross saving less net capital transfers paid2 | FA266000105 | 945.4 | 1177.0 | 1170.2 | 1328.1 | 1144.7 | 1475.3 | 1175.3 | 984.6 | 1045.5 |
| Line 11 | Gross investment | FA265090005 | 1045.7 | 911.3 | 1050.9 | 1682.9 | 1131.1 | 771.2 | 1311.5 | 1722.9 | 433.2 |
| Line 12 | Nonproduced nonfinancial assets | FA265420005 | 0.1 | -0.1 | 0.1 | -0.1 | 0.0 | -0.2 | -0.1 | 0.7 | 0.0 |
| Line 13 | Net lending (+) or net borrowing (-) | FA265000005 | 1045.6 | 911.4 | 1050.8 | 1683.0 | 1131.1 | 771.5 | 1311.6 | 1722.2 | 433.2 |
| Line 14 | Net acquisition of financial assets | FA264090005 | 2177.3 | 1840.1 | 2634.4 | 2728.9 | 1594.1 | 3125.8 | 2493.0 | 3276.4 | 1633.2 |
| Line 15 | Monetary gold and SDR allocations3 | FA263011105 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 16 | Interbank assets | FA264016005 | 201.3 | -66.4 | 233.2 | -397.1 | 175.1 | 450.3 | -71.6 | 167.7 | 386.3 |
| Line 17 | U.S. checkable deposits and currency | FA263020005 | 19.3 | 26.1 | 57.5 | 75.1 | -22.1 | 49.3 | 77.8 | 72.1 | 30.9 |
| Line 18 | U.S. time deposits | FA263030005 | 10.7 | 55.9 | 47.2 | 146.2 | -7.8 | 122.5 | 51.1 | 44.8 | -29.7 |
| Line 19 | Money market fund shares | FA263034003 | 7.7 | 15.4 | 23.4 | 8.6 | 8.6 | 8.6 | 8.6 | 31.5 | 44.8 |
| Line 20 | Security repurchase agreements | FA262051005 | 204.0 | 31.0 | 136.4 | 99.2 | -253.7 | 630.0 | 56.8 | 377.8 | -519.1 |
| Line 21 | Debt securities | FA264022005 | 1250.9 | 1014.2 | 960.4 | 1507.0 | 661.1 | 1490.7 | 686.4 | 1137.3 | 527.2 |
| Line 22 | Open market paper | FA263069103 | 24.3 | 16.9 | 22.6 | 34.3 | 18.0 | 15.9 | -14.8 | 90.2 | -0.7 |
| Line 23 | Treasury securities | FA263061105 | 728.2 | 609.1 | 508.7 | 969.2 | 267.9 | 1134.2 | 284.2 | 506.2 | 110.0 |
| Line 24 | Agency- and GSE-backed securities | FA263061705 | 192.3 | 86.0 | 61.7 | 143.4 | 128.0 | -53.8 | 40.1 | 157.4 | 103.2 |
| Line 25 | Municipal securities | FA263062003 | 6.2 | 5.7 | 3.0 | 6.8 | 4.5 | 6.8 | 6.3 | 6.3 | -7.5 |
| Line 26 | U.S. corporate bonds | FA263063005 | 299.8 | 296.5 | 364.4 | 353.3 | 242.7 | 387.7 | 370.5 | 377.2 | 322.2 |
| Line 27 | Other loans and advances | FA263069005 | -37.2 | 25.3 | 47.4 | 89.7 | -130.1 | 56.9 | 130.9 | 131.7 | -130.0 |
| Line 28 | Foreign direct investment: intercompany debt4 | FA263092305 | -28.9 | 1.7 | -1.1 | -29.3 | -34.6 | -15.7 | 3.1 | -7.5 | 15.6 |
| Line 29 | U.S. corporate equities | FA263064105 | 55.9 | 187.6 | 651.3 | 679.7 | 448.5 | -23.1 | 1276.3 | 652.2 | 699.9 |
| Line 30 | Foreign direct investment: equity4 | FA263092101 | 326.3 | 290.6 | 309.4 | 302.0 | 354.1 | 187.9 | 343.0 | 363.5 | 334.0 |
| Line 31 | Mutual fund shares | FA263064203 | -18.2 | 102.9 | 69.7 | 126.1 | 214.2 | 110.7 | -234.2 | 140.9 | 261.6 |
| Line 32 | Life insurance reserves | FA543141905 | 0.1 | 0.3 | 0.0 | 0.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 33 | Pension entitlements | FA543151905 | 0.0 | 1.2 | 0.2 | 1.2 | 1.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Line 34 | Trade receivables | FA263070005 | 116.3 | 155.7 | 65.6 | 125.5 | 159.0 | 43.9 | 93.1 | 103.5 | 22.0 |
| Line 35 | Miscellaneous assets | FA263090005 | 68.9 | -1.3 | 33.8 | -5.3 | 20.1 | 13.6 | 71.4 | 60.6 | -10.6 |
| Line 36 | Net increase in liabilities and equity | FA264194005 | 1131.7 | 928.7 | 1583.6 | 1045.9 | 463.0 | 2354.4 | 1181.4 | 1554.2 | 1200.0 |
| Line 37 | Net increase in liabilities | FA264190005 | 882.0 | 446.0 | 1204.1 | 601.7 | -136.8 | 1896.9 | 943.3 | 1036.3 | 940.1 |
| Line 38 | SDR holdings | FA313011303 | 4.6 | 5.1 | -0.4 | 5.9 | 2.7 | 1.4 | -5.2 | 1.1 | 1.0 |
| Line 39 | Interbank liabiliites | FA264116005 | 48.1 | -106.9 | 173.3 | -286.7 | -212.9 | 164.7 | -33.2 | 295.4 | 266.2 |
| Line 40 | Other deposits | FA263130505 | -0.6 | 98.1 | 204.3 | 204.3 | -75.9 | 181.6 | 189.7 | 303.4 | 142.6 |
| Line 41 | Security repurchase agreements | FA262151005 | 469.3 | -0.1 | 323.6 | 458.3 | -570.0 | 1066.1 | 431.0 | 63.5 | -266.2 |
| Line 42 | Debt securities | FA264122005 | 95.5 | 202.9 | 175.8 | 78.4 | 48.3 | 310.7 | 115.2 | 36.0 | 241.2 |
| Line 43 | Commercial paper | FA263169105 | -12.1 | -23.3 | 17.8 | 37.1 | -82.3 | 113.2 | -44.4 | -71.7 | 74.0 |
| Line 44 | Bonds | FA263163005 | 107.5 | 226.2 | 158.0 | 41.3 | 130.6 | 197.4 | 159.5 | 107.7 | 167.2 |
| Line 45 | Loans | FA264123005 | 97.5 | 150.8 | 350.1 | 101.4 | 348.0 | 244.5 | 396.9 | 230.1 | 528.8 |
| Line 46 | Depository institution loans n.e.c. | FA263168005 | 94.7 | 126.7 | 357.0 | 98.5 | 265.8 | 242.8 | 393.1 | 229.9 | 562.0 |
| Line 47 | Other loans and advances | FA263169005 | 2.8 | 24.1 | -6.9 | 2.8 | 82.2 | 1.7 | 3.8 | 0.2 | -33.2 |
| Line 48 | U.S. direct investment abroad: intercompany debt4 | FA263192305 | 41.8 | -13.6 | -131.7 | -125.3 | 233.4 | -144.0 | -241.4 | -4.1 | -137.3 |
| Line 49 | Life insurance reserves | FA263140005 | 50.5 | -4.7 | 3.3 | -4.7 | -4.7 | 3.2 | 3.0 | 3.3 | 3.5 |
| Line 50 | Pension entitlements | FA263150005 | 63.8 | 114.6 | 32.1 | 114.6 | 114.6 | 31.7 | 29.9 | 32.8 | 34.0 |
| Line 51 | Trade payables | FA263170005 | 5.5 | 5.3 | 12.1 | 15.2 | 0.2 | 1.2 | 0.1 | 23.2 | 24.1 |
| Line 52 | Miscellaneous liabilities | FA263190005 | 5.9 | -5.6 | 61.7 | 40.3 | -20.4 | 35.8 | 57.3 | 51.4 | 102.2 |
| Line 53 | Net equity issues | FA263181105 | 249.7 | 482.7 | 379.5 | 444.1 | 599.9 | 457.5 | 238.1 | 517.9 | 259.9 |
| Line 54 | Foreign corporate equities5 | FA263164100 | 3.1 | 149.5 | 117.8 | 146.5 | 161.9 | 91.5 | 56.6 | 247.9 | 75.1 |
| Line 55 | U.S. direct investment abroad: equity4 | FA263192101 | 244.8 | 331.0 | 257.7 | 295.8 | 438.0 | 365.7 | 175.6 | 269.2 | 175.7 |
| Line 56 | U.S. equity in IBRD, etc. | FA313092803 | 1.8 | 2.2 | 4.0 | 1.8 | 0.0 | 0.4 | 5.9 | 0.8 | 9.1 |
| Line 57 | Discrepancy (FOF basis) | FA267005005 | -100.3 | 265.7 | 119.3 | -354.9 | 13.7 | 704.0 | -136.2 | -738.3 | 612.3 |
| Memo: | |||||||||||
| Line 58 | Net U.S. exports, NIPA basis | FA266903005 | -786.5 | -898.5 | -926.2 | -938.3 | -938.7 | -1264.6 | -899.8 | -756.6 | -783.7 |
| Line 59 | + Net U.S. income receipts6 | FA266904005 | 85.7 | -8.3 | -0.9 | -52.2 | 39.1 | 2.1 | -18.4 | 25.5 | -13.0 |
| Line 60 | - Curr. taxes and trans. payments to rest of world | FA266400101 | 437.4 | 467.5 | 437.6 | 519.0 | 478.7 | 445.1 | 443.8 | 435.1 | 426.3 |
| Line 61 | + Curr. taxes and trans. payments from rest of world | FA266400201 | 200.4 | 194.4 | 194.2 | 191.1 | 195.7 | 205.0 | 194.9 | 187.0 | 190.1 |
| Line 62 | = Balance on current account, NIPAs | FA266000005 | -937.8 | -1179.9 | -1170.4 | -1318.4 | -1182.6 | -1502.6 | -1167.2 | -979.1 | -1032.9 |
Notes:
- Table F.5, line 67.
- Line 1 minus line 5 minus line 9. Also equal to line 62 with the sign reversed minus line 9.
- U.S. net sales, sign reversed.
- Direct investment reported at market value. Excludes capital gains and losses.
- Includes American Depositary Receipts (ADRs).
- Consists of net receipts from foreigners of interest, corporate profits, and employee compensation. Equals difference between GNP and GDP.
Last Update: 2026-03-19