Financial Accounts of the United States - Z.1
L.105 General government1
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL364090005 | 9315.4 | 9798.6 | 10955.8 | 9962.4 | 9798.6 | 9885.0 | 9911.3 | 10724.6 | 10955.8 |
| Line 2 | Monetary gold and SDRs | FL313011105 | 710.0 | 849.2 | 1300.6 | 860.6 | 849.2 | 985.0 | 1034.5 | 1175.0 | 1300.6 |
| Line 3 | Checkable deposits and currency | FL363020005 | 1151.6 | 1119.1 | 1309.5 | 1257.8 | 1119.1 | 808.0 | 852.9 | 1284.8 | 1309.5 |
| Line 4 | Time and savings deposits | FL363030005 | 375.5 | 375.6 | 355.1 | 370.3 | 375.6 | 366.6 | 362.9 | 354.4 | 355.1 |
| Line 5 | Other deposits | FL313030505 | 97.8 | 103.7 | 120.3 | 107.0 | 103.7 | 107.5 | 112.8 | 118.5 | 120.3 |
| Line 6 | Money market fund shares | FL213034003 | 72.0 | 81.9 | 92.6 | 77.1 | 81.9 | 83.4 | 84.0 | 87.5 | 92.6 |
| Line 7 | Security repurchase agreements | FL362051005 | 212.9 | 221.8 | 233.7 | 229.6 | 221.8 | 230.0 | 227.1 | 236.7 | 233.7 |
| Line 8 | Debt securities | FL364022005 | 2428.7 | 2519.3 | 2669.9 | 2578.3 | 2519.3 | 2627.1 | 2612.1 | 2698.8 | 2669.9 |
| Line 9 | Open market paper | FL213069103 | 264.6 | 264.4 | 296.8 | 269.5 | 264.4 | 287.6 | 301.6 | 294.0 | 296.8 |
| Line 10 | Treasury securities | FL213061103 | 1406.9 | 1475.1 | 1553.3 | 1512.6 | 1475.1 | 1529.1 | 1510.2 | 1574.1 | 1553.3 |
| Line 11 | Agency- and GSE-backed securities | FL363061705 | 412.8 | 427.3 | 450.0 | 438.2 | 427.3 | 443.0 | 437.5 | 456.0 | 450.0 |
| Line 12 | Municipal securities | FL213062003 | 44.1 | 46.0 | 48.5 | 47.2 | 46.0 | 47.7 | 47.1 | 49.1 | 48.5 |
| Line 13 | Corporate and foreign bonds | FL363063005 | 300.3 | 306.5 | 321.4 | 310.9 | 306.5 | 319.7 | 315.7 | 325.5 | 321.4 |
| Line 14 | Loans | FL364023005 | 2470.6 | 2586.2 | 2730.7 | 2561.2 | 2586.2 | 2622.2 | 2634.6 | 2669.4 | 2730.7 |
| Line 15 | Mortgages | FL363065005 | 404.4 | 417.6 | 439.6 | 413.9 | 417.6 | 423.5 | 428.1 | 435.5 | 439.6 |
| Line 16 | Consumer credit | FL313066220 | 1462.2 | 1518.0 | 1581.1 | 1515.7 | 1518.0 | 1539.5 | 1545.3 | 1573.3 | 1581.1 |
| Line 17 | Other loans and advances | FL363069005 | 604.0 | 650.7 | 710.0 | 631.7 | 650.7 | 659.1 | 661.2 | 660.6 | 710.0 |
| Line 18 | Corporate equities | LM363064105 | 386.7 | 454.7 | 531.6 | 446.4 | 454.7 | 471.9 | 482.8 | 518.3 | 531.6 |
| Line 19 | Miscellaneous other equity | FL313081115 | 82.1 | 80.4 | 81.8 | 82.0 | 80.4 | 80.5 | 80.6 | 81.4 | 81.8 |
| Line 20 | Mutual fund shares | LM213064203 | 63.1 | 65.8 | 69.3 | 67.5 | 65.8 | 68.2 | 67.4 | 70.2 | 69.3 |
| Line 21 | Trade receivables | FL363070005 | 437.8 | 456.0 | 490.4 | 453.7 | 456.0 | 466.9 | 482.0 | 488.4 | 490.4 |
| Line 22 | Taxes receivable | FL363078005 | 657.0 | 704.8 | 780.7 | 686.2 | 704.8 | 781.2 | 693.5 | 748.9 | 780.7 |
| Line 23 | Miscellaneous assets | FL213093003 | 169.4 | 180.0 | 189.5 | 184.6 | 180.0 | 186.6 | 184.3 | 192.1 | 189.5 |
| Line 24 | Total liabilities | FL364190005 | 39858.9 | 41874.6 | 43808.3 | 41126.3 | 41874.6 | 42413.9 | 42312.2 | 43259.4 | 43808.3 |
| Line 25 | SDR allocations | LM313111303 | 154.1 | 149.8 | 157.3 | 155.8 | 149.8 | 152.6 | 157.8 | 157.5 | 157.3 |
| Line 26 | Treasury currency | FL313125003 | 52.4 | 52.5 | 52.9 | 52.5 | 52.5 | 52.5 | 52.6 | 52.7 | 52.9 |
| Line 27 | Other deposits (Postal Savings System deposits) | FL313131003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 28 | Debt securities | FL364122005 | 29510.5 | 31522.2 | 33611.1 | 30955.7 | 31522.2 | 31857.5 | 31984.6 | 33084.2 | 33611.1 |
| Line 29 | Treasury securities | FL313161105 | 26226.6 | 28139.5 | 30069.6 | 27586.4 | 28139.5 | 28447.3 | 28518.3 | 29571.6 | 30069.6 |
| Line 30 | Budget agency securities | FL313161705 | 20.2 | 20.5 | 21.9 | 20.3 | 20.5 | 20.7 | 21.1 | 22.1 | 21.9 |
| Line 31 | Municipal securities | FL213162005 | 3263.8 | 3362.3 | 3519.6 | 3349.0 | 3362.3 | 3389.6 | 3445.1 | 3490.4 | 3519.6 |
| Line 32 | Loans | FL364123005 | 3366.9 | 3594.0 | 3964.4 | 3425.4 | 3594.0 | 3564.2 | 3436.4 | 3663.0 | 3964.4 |
| Line 33 | Depository institution loans n.e.c. | FL213168003 | 117.5 | 111.7 | 120.7 | 109.6 | 111.7 | 111.7 | 115.4 | 116.9 | 120.7 |
| Line 34 | Other loans and advances | FL363169005 | 3249.3 | 3482.3 | 3843.7 | 3315.7 | 3482.3 | 3452.5 | 3320.9 | 3546.1 | 3843.7 |
| Line 35 | Multifamily residential mortgages | FL313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 36 | Insurance reserves | FL313140003 | 54.3 | 56.5 | 59.1 | 56.3 | 56.5 | 57.6 | 57.7 | 58.9 | 59.1 |
| Line 37 | Trade payables | FL363170005 | 1883.0 | 1987.3 | 2123.7 | 1954.0 | 1987.3 | 2021.7 | 2057.3 | 2088.4 | 2123.7 |
| Line 38 | Miscellaneous liabilities | FL363190005 | 4837.6 | 4512.4 | 3839.8 | 4526.7 | 4512.4 | 4707.7 | 4565.8 | 4154.7 | 3839.8 |
| Memo: | |||||||||||
| Line 39 | Total financial assets (consolidated)2 | FL374090005 | 7748.5 | 8153.4 | 9245.4 | 8266.6 | 8153.4 | 8195.9 | 8239.3 | 8987.4 | 9245.4 |
| Line 40 | Total liabilities (consolidated)2 | FL374190005 | 38292.0 | 40229.4 | 42097.9 | 39430.6 | 40229.4 | 40724.9 | 40640.2 | 41522.2 | 42097.9 |
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: 2026-03-19