Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: September 18, 2014
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S.7.a Federal Government
Billions of dollars
Description 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Line
Federal government; gross value added (IMA) 525.8 552.7 577.6 605.4 637.6 668.8 704.5 720.9 722.7 711.3 1
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) 178.6 189.4 200.7 212.8 226.3 234.5 245.3 257.4 264.1 268.0 2
Federal government; net value added (IMA) 347.2 363.3 376.9 392.6 411.3 434.3 459.1 463.5 458.6 443.3 3
Federal government; compensation of employees paid (IMA) 342.3 362.4 375.1 390.5 410.4 433.5 462.2 470.6 467.8 458.6 4
Federal government; wages and salaries paid (IMA) 249.9 263.5 271.7 283.3 296.7 312.2 328.5 331.7 327.1 320.6 5
Federal government; employers' social contributions paid (IMA) 92.4 98.9 103.5 107.3 113.7 121.3 133.7 138.9 140.7 138.1 6
Federal government; operating surplus, net 4.9 0.9 1.8 2.0 0.8 0.7 -3.1 -7.1 -9.1 -15.3 7
Federal government; net national income/balance of primary incomes, net (IMA) -226.6 -277.4 -293.5 -325.6 -308.9 -269.9 -286.6 -327.3 -321.8 -206.8 8
Federal government; operating surplus, net 4.9 0.9 1.8 2.0 0.8 0.7 -3.1 -7.1 -9.1 -15.3 9
Federal government; taxes on production and imports, receivable (IMA) 95.2 99.4 99.2 94.6 94.0 91.4 96.8 108.6 115.0 120.9 10
Federal government; subsidies paid (with negative sign) (IMA) -46.0 -60.5 -51.1 -47.5 -49.6 -56.9 -54.3 -59.5 -57.6 -59.7 11
25.3 27.2 29.0 33.4 33.9 48.5 54.6 56.4 53.6 164.7 12
Federal government; interest received (IMA) 16.6 17.3 18.8 22.1 19.5 22.8 29.5 27.7 22.3 24.4 13
Federal government; dividends received (IMA) 0.1 0.2 0.3 0.2 0.6 18.7 17.0 18.8 21.1 131.3 14
Federal government; rents on land and natural resources received (IMA) 8.7 9.7 9.9 11.1 13.8 7.0 8.0 9.9 10.2 9.0 15
306.1 344.4 372.3 408.2 388.0 353.6 380.6 425.7 423.8 417.4 16
Federal government; net national income/balance of primary incomes, net (IMA) -226.6 -277.4 -293.5 -325.6 -308.9 -269.9 -286.6 -327.3 -321.8 -206.8 17
Federal government; current taxes on income, wealth, etc. received (IMA) 1058.8 1285.2 1459.2 1542.5 1354.1 1072.4 1208.2 1392.7 1536.5 1690.9 18
Federal government; contributions for government social insurance received 808.9 853.4 905.7 947.2 974.4 950.8 970.9 904.0 938.1 1092.3 19
Federal government; social contributions paid 1025.5 1090.9 1196.7 1272.2 1407.4 1624.9 1726.6 1744.4 1785.1 1825.6 20
Federal government; other current transfers received 29.0 32.0 36.8 41.0 46.5 64.0 64.4 65.0 49.9 59.5 21
Federal government; other current transfers paid (IMA) 362.4 383.5 374.7 400.2 412.9 507.5 555.0 528.0 493.2 496.3 22
Federal government; disposable income, net (IMA) 282.2 418.7 536.9 532.7 245.8 -315.1 -324.8 -238.1 -75.5 313.9 23
Federal government; consumption expenditures 681.4 723.4 763.9 798.4 879.8 933.7 1003.9 1006.1 1003.6 963.0 24
Federal government; net saving including net capital transfers paid, insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (IMA) -399.2 -304.7 -227.0 -265.6 -634.0 -1248.8 -1328.7 -1244.1 -1079.1 -649.1 25
Federal government; net saving less net capital transfers paid and including insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (IMA) -438.6 -365.1 -270.2 -318.6 -751.6 -1435.1 -1455.0 -1358.0 -1163.9 -707.5 26
Federal government; net saving including net capital transfers paid, insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (IMA) -399.2 -304.7 -227.0 -265.6 -634.0 -1248.8 -1328.7 -1244.1 -1079.1 -649.1 27
Federal government; net capital transfers paid 39.3 60.3 43.2 53.0 117.6 186.3 126.3 113.9 84.7 58.4 28
Federal government; capital formation, net (IMA) 31.6 31.5 22.9 35.3 29.1 40.6 53.7 39.1 21.7 -2.0 29
Federal government; gross fixed investment 211.0 222.9 238.0 251.4 275.8 284.0 300.0 297.4 287.8 268.5 30
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) 178.6 189.4 200.7 212.8 226.3 234.5 245.3 257.4 264.1 268.0 31
Federal government; acquisition of nonproduced nonfinancial assets (net) -0.8 -2.0 -14.4 -3.3 -20.4 -8.9 -1.0 -0.9 -1.9 -2.4 32
Federal government; net lending (+) or borrowing (-) (capital account) (IMA) -470.1 -396.6 -293.2 -353.9 -780.6 -1475.7 -1508.7 -1397.1 -1185.6 -705.6 33
Federal government; net lending (+) or borrowing (-) (capital account) (IMA) -470.1 -396.6 -293.2 -353.9 -780.6 -1475.7 -1508.7 -1397.1 -1185.6 -705.6 34
Federal government; total financial assets 5.3 30.8 -14.4 0.6 580.0 237.8 281.9 -150.7 132.4 217.4 35
Federal government; monetary gold and SDRs; asset 0.4 -4.5 0.2 0.2 0.1 48.2 0.0 -1.8 0.0 0.0 36
Federal government; monetary gold; asset -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37
Federal government; special drawing rights (SDRs) holdings; asset 0.4 -4.5 0.2 0.2 0.1 48.2 0.0 -1.8 0.0 0.0 38
Federal government; total currency and deposits; asset -34.5 1.3 -5.4 25.8 316.0 -170.2 150.5 -239.9 11.1 65.8 39
Federal government; other reserves; asset 0.3 0.3 0.4 0.5 0.6 0.3 0.3 -0.2 0.2 0.2 40
Federal government; reserve position in IMF (net); asset -3.8 -10.2 -3.3 -1.0 3.5 3.4 1.3 18.2 4.0 -3.4 41
Federal government; checkable deposits and currency; asset -31.0 12.2 -2.7 25.1 313.1 -174.2 148.9 -257.6 6.7 69.6 42
Federal government; total time and savings deposits; asset -0.0 -1.0 0.2 1.2 -1.3 0.3 0.1 -0.3 0.2 -0.5 43
Federal government; nonofficial foreign currencies; asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 44
Federal government; debt securities; asset 0.0 0.0 0.0 0.0 54.4 142.5 -46.9 -118.2 -31.3 -0.1 45
Federal government; agency- and GSE-backed securities; asset 0.0 0.0 0.0 0.0 54.4 142.0 -47.2 -118.1 -31.1 0.0 46
Federal government; corporate bonds issued by commercial banking under TARP; asset 0.0 0.0 0.0 0.0 0.0 0.6 0.3 -0.1 -0.2 -0.1 47
Federal government; total loans; asset 2.3 -3.1 5.9 6.8 39.0 166.7 131.4 136.5 136.2 124.2 48
Federal government; short-term loans; asset 0.7 -5.5 2.2 4.7 25.5 154.1 136.8 133.2 134.5 120.3 49
Federal government; consumer credit, student loans; asset 3.7 3.7 1.6 7.0 19.5 87.9 133.1 128.5 132.1 113.1 50
Federal government; other loans and advances; asset -3.0 -9.2 0.5 -2.3 6.1 66.2 3.6 4.8 2.4 7.2 51
Federal government; total mortgages; asset 1.6 2.4 3.7 2.1 13.5 12.6 -5.4 3.3 1.6 4.0 52
Federal government; other equity; asset (IMA) 2.0 1.3 2.0 1.7 257.7 3.4 30.4 43.5 -10.7 -2.6 53
Federal government; corporate equities; asset 0.0 0.0 0.0 0.0 256.3 0.6 24.1 40.3 -13.2 -4.8 54
Federal government; U.S. equity in IBRD, etc.; asset 2.0 1.3 2.0 1.7 1.4 1.7 2.3 2.6 2.4 2.2 55
Federal government; equity in government-sponsored enterprises (GSEs); asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 56
Federal government; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 0.0 1.2 4.0 0.7 0.0 0.0 57
Federal government; other accounts receivable; asset (IMA) 35.1 35.8 -17.1 -33.8 -87.2 47.1 16.5 29.1 27.1 30.0 58
Federal government; trade receivables; asset 10.5 9.2 -11.6 1.2 4.2 -21.1 -0.7 4.8 2.6 -1.5 59
Federal government; taxes receivable; asset 23.3 26.0 -6.5 -35.4 -62.0 35.9 27.1 25.6 27.9 27.8 60
Federal government; unidentified miscellaneous assets 1.4 0.6 1.0 0.4 -29.4 32.3 -9.8 -1.3 -3.5 3.7 61
Federal government; total liabilities 479.4 453.6 296.0 391.2 1369.0 1536.0 1696.8 1201.7 1251.6 880.7 62
Federal government; special drawing rights (SDRs) allocations; liability 0.0 0.0 0.0 0.0 0.0 47.6 0.0 0.0 0.0 0.0 63
Federal government; total currency and deposits; liability 0.7 0.8 0.6 -0.7 -0.8 -0.4 -0.3 0.0 0.0 -0.4 64
Federal government; debt securities; liability 402.8 346.9 219.1 270.4 1302.5 1508.8 1645.9 1138.7 1180.6 857.3 65
Monetary authority; SDR certificates issued by federal government; asset 0.0 0.0 0.0 0.0 0.0 3.0 0.0 0.0 0.0 0.0 66
Federal government; Treasury securities, including U.S. savings securities; liability 362.5 307.3 183.7 237.5 1239.0 1443.7 1579.6 1066.8 1140.6 759.5 67
Federal government; budget agency securities; liability -0.6 -0.4 -0.3 -0.4 0.2 0.1 0.7 1.1 -0.4 -0.4 68
Federal government retirement funds; nonmarketable Treasury securities; asset 40.9 40.0 35.8 33.3 63.3 61.9 65.7 70.8 40.4 98.2 69
Federal government; multifamily residential mortgages; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 70
Federal government; insurance technical reserve; liability (IMA) 59.5 67.2 64.5 92.7 45.1 33.3 43.5 40.6 63.9 5.6 71
Federal government; life insurance reserves; liability 1.1 1.1 1.5 1.2 1.0 1.1 0.9 1.3 0.3 0.3 72
Federal government; retiree health care funds; liability 17.4 23.0 18.1 43.9 26.5 16.6 22.5 18.5 13.3 12.2 73
Federal government retirement funds; claims of pension fund on sponsor; asset 41.0 43.1 44.9 47.7 17.6 15.6 20.2 20.8 50.3 -6.8 74
Federal government; other accounts payable; liability (IMA) 16.4 38.7 11.8 28.7 22.2 -53.3 7.6 22.4 7.1 18.1 75
Federal government; trade payables; liability 15.4 33.7 6.2 29.3 22.6 -56.2 5.2 8.8 15.4 16.8 76
Federal government; unidentified miscellaneous liabilities, including liability due to FICO 1.0 5.0 5.6 -0.6 -0.3 2.9 2.4 13.6 -8.3 1.3 77
Federal government; net lending (+) or borrowing (-) (financial account) -474.1 -422.8 -310.4 -390.6 -789.0 -1298.2 -1414.9 -1352.4 -1119.3 -663.3 78
Federal government; total other volume changes (IMA) -28.2 -47.0 30.2 9.7 86.7 121.5 -32.0 46.4 39.2 26.9 79
Federal government; nonfinancial assets (does not include land) 0.0 -0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 80
Federal government; other volume changes (IMA) -24.2 -20.3 47.4 46.4 95.0 -56.0 -125.8 1.7 -27.1 -15.4 81
Federal government; statistical discrepancy (IMA) 4.0 26.2 17.2 36.7 8.3 -177.5 -93.8 -44.7 -66.3 -42.3 82
Federal government; nonfinancial assets (does not include land) 114.8 116.8 116.4 93.0 69.0 -36.0 61.3 69.3 41.8 58.9 83
Federal government; total residential and nonresidential structures 91.6 94.1 95.2 60.7 44.0 -48.4 18.1 49.4 36.2 41.1 84
Federal government; nonresidential equipment, current cost basis 10.9 7.3 10.4 7.6 11.8 8.6 5.0 12.2 0.9 3.3 85
Federal government; nonresidential intellectual property products, current cost basis 12.2 15.4 10.8 24.8 13.2 3.8 38.2 7.7 4.7 14.5 86
Federal government; financial assets with revaluations (IMA) 1.3 -2.1 0.8 0.7 -67.9 -121.6 -43.7 -33.2 -4.7 0.1 87
Federal government; monetary gold and SDRs; asset 0.5 -0.9 0.4 0.5 -0.2 0.2 -1.0 -0.1 0.1 0.1 88
Federal government; total currency and deposits; asset 0.8 -1.2 0.3 0.2 -0.0 0.3 -0.2 -0.5 0.0 0.0 89
Federal government; corporate equities; asset 0.0 0.0 0.0 0.0 -67.7 -121.9 -41.5 -32.4 -4.7 0.0 90
Federal government; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 0.0 -0.3 -1.0 -0.2 -0.1 0.0 91
Federal government; special drawing rights (SDRs) allocations; liability 0.3 -0.6 0.4 0.4 -0.2 0.2 -1.0 -0.2 0.1 0.1 92
Federal government; special drawing rights (SDRs) allocations; liability 0.3 -0.6 0.4 0.4 -0.2 0.2 -1.0 -0.2 0.1 0.1 93
Federal government; changes in net worth due to nominal holding gains/losses (IMA) 115.7 115.3 116.8 93.3 1.2 -157.9 18.5 36.4 37.0 59.0 94
Federal government; net worth (IMA) -351.1 -296.8 -123.3 -215.6 -663.7 -1471.5 -1468.5 -1275.3 -1087.6 -621.7 95
Federal government; total assets (does not include land) 2917.7 3070.2 3238.1 3415.1 4121.6 4229.2 4569.7 4478.1 4649.1 4905.4 96
Federal government; nonfinancial assets (does not include land) 2277.1 2426.5 2579.8 2711.3 2829.2 2842.1 2957.5 3066.8 3132.3 3191.7 97
Federal government; total residential and nonresidential structures 1088.2 1176.5 1266.6 1325.4 1369.8 1326.1 1352.5 1406.9 1439.7 1472.1 98
Federal government; nonresidential equipment, current cost basis 498.3 520.7 550.7 576.7 616.2 649.8 680.9 711.0 725.2 732.2 99
Federal government; nonresidential intellectual property products, current cost basis 690.6 729.3 762.4 809.3 843.2 866.2 924.1 948.9 967.4 987.4 100
Federal government; total financial assets 640.6 643.7 658.3 703.8 1292.3 1387.1 1612.2 1411.3 1516.9 1713.7 101
Federal government; monetary gold and SDRs; asset 13.6 8.2 8.9 9.5 9.3 57.8 56.8 55.0 55.1 55.2 102
Federal government; monetary gold; asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 103
Federal government; special drawing rights (SDRs) holdings; asset 13.6 8.2 8.9 9.5 9.3 57.8 56.8 55.0 55.1 55.2 104
Federal government; total currency and deposits; asset 67.9 68.0 62.8 88.9 404.8 234.9 385.2 144.8 155.9 221.8 105
Federal government; other reserves; asset 21.1 18.7 20.2 22.2 24.5 25.0 25.7 25.6 24.7 23.6 106
Federal government; reserve position in IMF (net); asset 19.6 8.1 5.2 4.4 7.8 11.5 12.6 30.3 34.4 31.0 107
Federal government; checkable deposits and currency; asset 22.2 37.0 33.2 56.9 368.3 193.9 342.3 84.6 92.2 163.0 108
Federal government; total time and savings deposits; asset 2.4 1.4 1.7 2.8 1.6 1.9 2.0 1.7 2.0 1.5 109
Federal government; nonofficial foreign currencies; asset 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 110
Federal government; debt securities; asset 0.0 0.0 0.0 0.0 54.4 197.0 150.1 31.9 0.6 0.6 111
Federal government; agency- and GSE-backed securities; asset 0.0 0.0 0.0 0.0 54.4 196.4 149.2 31.1 0.0 0.0 112
Federal government; corporate bonds issued by commercial banking under TARP; asset 0.0 0.0 0.0 0.0 0.0 0.6 0.9 0.8 0.6 0.6 113
Federal government; total loans; asset 274.8 271.7 294.8 301.6 340.6 507.3 642.3 778.8 915.0 1039.2 114
Federal government; short-term loans; asset 200.7 195.2 214.6 219.3 244.8 398.9 535.7 668.9 803.5 923.7 115
Federal government; consumer credit, student loans; asset 86.1 89.8 108.7 115.7 135.1 223.1 356.2 484.7 616.8 729.8 116
Federal government; other loans and advances; asset 114.6 105.3 105.9 103.6 109.7 175.9 179.5 184.3 186.7 193.9 117
Federal government; total mortgages; asset 74.2 76.6 80.3 82.4 95.8 108.4 106.6 109.9 111.5 115.5 118
Federal government; other equity; asset (IMA) 42.0 43.2 45.3 46.9 237.0 118.2 106.1 117.0 101.5 98.9 119
Federal government; corporate equities; asset 0.0 0.0 0.0 0.0 188.7 67.4 49.9 57.8 39.9 35.1 120
Federal government; U.S. equity in IBRD, etc.; asset 42.0 43.2 45.3 46.9 48.3 50.0 52.3 54.9 57.3 59.5 121
Federal government; equity in government-sponsored enterprises (GSEs); asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 122
Federal government; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 0.0 0.9 3.8 4.4 4.4 4.4 123
Federal government; other accounts receivable; asset (IMA) 242.3 252.5 246.5 257.0 246.2 271.8 271.7 283.7 288.7 298.1 124
Federal government; trade receivables; asset 61.8 71.0 59.4 60.6 64.7 43.6 42.9 47.7 50.3 48.8 125
Federal government; taxes receivable; asset 91.2 91.6 96.1 105.0 119.4 133.9 144.3 152.8 158.6 165.8 126
Federal government; unidentified miscellaneous assets 89.3 89.9 91.0 91.4 62.0 94.3 84.5 83.2 79.8 83.4 127
Federal government; total assets (does not include land) 2917.7 3070.2 3238.1 3415.1 4121.6 4229.2 4569.7 4478.1 4649.1 4905.4 128
Federal government; total liabilities 6921.1 7370.3 7661.5 8054.1 9424.2 11003.4 12812.4 13996.0 15254.7 16132.6 129
Federal government; special drawing rights (SDRs) allocations; liability 7.6 7.0 7.4 7.7 7.5 55.4 54.4 54.2 54.3 54.4 130
Federal government; total currency and deposits; liability 26.7 27.5 28.1 27.4 26.6 26.2 25.9 25.9 25.9 25.6 131
Federal government; debt securities; liability 5253.1 5587.0 5806.1 6076.5 7379.0 8887.8 10533.8 11672.5 12853.0 13710.3 132
Monetary authority; SDR certificates issued by federal government; asset 2.2 2.2 2.2 2.2 2.2 5.2 5.2 5.2 5.2 5.2 133
Federal government; Treasury securities, including U.S. savings securities; liability 4370.7 4678.0 4861.7 5099.2 6338.2 7781.9 9361.5 10428.3 11568.9 12328.3 134
Federal government; budget agency securities; liability 24.3 23.8 23.5 23.1 23.3 23.5 24.2 25.3 24.9 24.5 135
Federal government retirement funds; nonmarketable Treasury securities; asset 855.9 882.9 918.7 952.0 1015.3 1077.2 1142.9 1213.7 1254.1 1352.3 136
Federal government; multifamily residential mortgages; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 137
Federal government; insurance technical reserve; liability (IMA) 1459.1 1540.9 1606.0 1699.5 1746.1 1825.5 1985.0 2021.8 2084.8 2089.3 138
Federal government; life insurance reserves; liability 41.6 42.7 44.2 45.4 46.4 47.5 48.4 49.7 50.0 50.3 139
Federal government; retiree health care funds; liability 52.4 75.4 93.5 137.3 163.8 180.4 202.9 221.4 234.8 246.9 140
Federal government retirement funds; claims of pension fund on sponsor; asset 1365.2 1422.8 1468.3 1516.8 1535.8 1597.6 1733.7 1750.7 1800.0 1792.1 141
Federal government; other accounts payable; liability (IMA) 174.6 208.0 213.9 243.0 265.0 208.5 213.3 221.7 236.7 253.0 142
Federal government; trade payables; liability 169.0 202.6 208.8 238.2 260.7 204.5 209.7 218.5 233.9 250.7 143
Federal government; liability due to FICO 5.6 5.4 5.1 4.9 4.3 4.0 3.6 3.2 2.8 2.3 144
Federal government; net worth (IMA) -4003.4 -4300.1 -4423.4 -4639.0 -5302.7 -6774.2 -8242.7 -9518.0 -10605.5 -11227.2 145

  FOOTNOTES

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