Board of Governors of the Federal Reserve System

Financial Accounts of the United States - Z.1

S.7.a Federal Government

2016:Q4 Release Date: March 9, 2017

Billions of dollars

Description Series code 2008 2009 2010 2011 2012 2013 2014 2015
Line
Federal government; gross value added (IMA) FA316902505 637.6 668.8 704.5 720.9 723.7 715.2 725.7 735.1 1
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300003 226.3 234.5 245.3 257.4 264.3 268.0 271.3 271.5 2
Federal government; net value added (IMA) FA316902605 411.3 434.3 459.1 463.5 459.4 447.2 454.4 463.6 3
Federal government; compensation of employees paid (IMA) FA316025001 410.4 433.5 462.2 470.6 468.3 458.3 462.7 471.1 4
Federal government; wages and salaries paid (IMA) FA316020001 296.7 312.2 328.5 331.7 327.7 320.4 324.0 329.7 5
Federal government; employers' social contributions paid (IMA) FA316401005 113.7 121.3 133.7 138.9 140.7 137.9 138.7 141.4 6
Federal government; operating surplus, net FA316402101 0.8 0.8 -3.1 -7.1 -8.9 -11.1 -8.3 -7.4 7
Federal government; net national income/balance of primary incomes, net (IMA) FA316140005 -308.9 -269.9 -286.6 -327.3 -321.6 -198.0 -295.7 -313.2 8
Federal government; operating surplus, net FA316402101 0.8 0.8 -3.1 -7.1 -8.9 -11.1 -8.3 -7.4 9
Federal government; taxes on production and imports, receivable (IMA) FA316240001 94.0 91.4 96.8 108.6 115.1 124.8 134.6 139.4 10
Federal government; subsidies paid (with negative sign) (IMA) FA316402015 -49.6 -56.9 -54.3 -59.5 -57.6 -58.8 -56.2 -56.1 11
Federal government; property income (received) (IMA Q4) FA316150195 33.9 48.5 54.6 56.4 52.6 163.3 74.8 49.2 12
Federal government; interest received (IMA) FA316130101 19.5 22.8 29.5 27.7 21.3 22.8 23.5 26.9 13
Federal government; dividends received (IMA) FA316121101 0.6 18.7 17.0 18.8 21.1 131.3 40.7 16.1 14
Federal government; rents on land and natural resources received (IMA) FA316112101 13.8 7.0 8.0 9.9 10.2 9.2 10.6 6.2 15
Federal government; interest paid (IMA Q4) FA316130095 388.0 353.6 380.6 425.7 422.9 416.2 440.5 438.2 16
Federal government; net national income/balance of primary incomes, net (IMA) FA316140005 -308.9 -269.9 -286.6 -327.3 -321.6 -198.0 -295.7 -313.2 17
Federal government; current taxes on income, wealth, etc. received (IMA) FA316220001 1426.7 1079.7 1256.0 1445.2 1546.0 1699.4 1860.4 2009.9 18
Federal government; contributions for government social insurance received FA316601001 974.4 950.8 970.9 904.0 938.1 1091.3 1140.9 1189.5 19
Federal government; social contributions paid FA316404001 1480.0 1632.2 1774.4 1796.9 1801.5 1842.4 1901.5 1981.7 20
Federal government; other current transfers received FA316403105 49.7 67.2 68.1 67.1 56.1 70.7 86.1 72.7 21
Federal government; other current transfers paid (IMA) FA316403001 416.1 510.7 558.8 530.1 499.3 503.9 547.1 583.2 22
Federal government; disposable income, net (IMA) FA316012005 245.8 -315.1 -324.8 -238.1 -82.2 317.2 343.1 394.1 23
Federal government; consumption expenditures FA316901001 879.8 933.7 1003.9 1006.1 1007.8 961.0 955.9 963.7 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) FA316006085 -634.0 -1248.8 -1328.7 -1244.1 -1090.1 -643.8 -612.9 -569.7 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) FA316006385 -751.6 -1435.1 -1455.0 -1358.0 -1175.0 -702.0 -671.3 -621.2 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) FA316006085 -634.0 -1248.8 -1328.7 -1244.1 -1090.1 -643.8 -612.9 -569.7 27
Federal government; net capital transfers paid FA315440005 117.6 186.3 126.3 113.9 85.0 58.2 58.4 51.5 28
Federal government; capital formation, net (IMA) FA315050905 29.1 40.6 53.7 39.1 18.4 -2.0 -11.1 -41.1 29
Federal government; gross fixed investment FA315019001 275.8 284.0 300.0 297.4 284.7 268.4 262.9 261.2 30
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300003 226.3 234.5 245.3 257.4 264.3 268.0 271.3 271.5 31
Federal government; acquisition of nonproduced nonfinancial assets (net) FA315420003 -20.4 -8.9 -1.0 -0.9 -2.0 -2.4 -2.7 -30.9 32
Federal government; net lending (+) or borrowing (-) (capital account) (IMA) FA315000995 -780.6 -1475.7 -1508.7 -1397.1 -1193.4 -700.0 -660.3 -580.1 33
Federal government; net lending (+) or borrowing (-) (capital account) (IMA) FA315000995 -780.6 -1475.7 -1508.7 -1397.1 -1193.4 -700.0 -660.3 -580.1 34
Federal government; total financial assets FA314090005 579.8 247.4 279.9 -148.4 118.5 217.7 172.8 252.4 35
Federal government; monetary gold and SDRs; asset FA313011105 0.1 48.2 0.0 -1.8 0.0 0.0 0.0 0.0 36
Federal government; monetary gold; asset FA313011205 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 FA313011303 0.1 48.2 0.0 -1.8 0.0 0.0 0.0 0.0 38
Federal government; total currency and deposits; asset FA314000005 316.0 -170.2 150.5 -239.9 11.1 65.8 57.2 103.5 39
Federal government; other reserves; asset FA313011505 0.6 0.3 0.3 -0.2 0.2 0.2 0.1 0.1 40
Federal government; reserve position in IMF (net); asset FA313011405 3.5 3.4 1.3 18.2 4.0 -3.4 -3.9 -6.5 41
Federal government; checkable deposits and currency; asset FA313020005 313.1 -174.2 148.9 -257.6 6.7 69.6 60.8 109.9 42
Federal government; total time and savings deposits; asset FA313030003 -1.3 0.3 0.1 -0.3 0.2 -0.5 0.2 0.0 43
Federal government; nonofficial foreign currencies; asset FA313091105 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 44
Federal government; debt securities; asset FA314022005 54.4 142.5 -46.9 -118.2 -31.3 -0.1 -0.0 -0.0 45
Federal government; agency- and GSE-backed securities; asset FA313061703 54.4 142.0 -47.2 -118.1 -31.1 0.0 0.0 0.0 46
Federal government; corporate bonds issued by commercial banking under TARP; asset FA313063763 0.0 0.6 0.3 -0.1 -0.2 -0.1 -0.0 -0.0 47
Federal government; loans; asset FA314023005 39.0 176.3 129.3 139.0 131.6 124.4 114.5 105.6 48
Federal government; loans, excluding mortgages; asset FA314041005 25.6 163.7 134.8 135.7 129.9 120.5 112.7 106.3 49
Federal government; consumer credit, student loans; asset FA313066220 19.5 97.5 131.1 131.0 127.5 113.3 110.7 103.4 50
Federal government; other loans and advances; asset FA313069005 6.1 66.2 3.6 4.8 2.4 7.2 2.0 2.9 51
Federal government; total mortgages; asset FA313065005 13.5 12.6 -5.4 3.3 1.6 4.0 1.7 -0.7 52
Federal government; other equity; asset (IMA) FA313081115 257.7 3.4 30.4 43.4 -14.2 -4.4 0.7 2.2 53
Federal government; corporate equities; asset FA313064105 256.3 0.6 24.1 40.3 -13.2 -4.8 -1.6 -0.0 54
Federal government; U.S. equity in IBRD, etc.; asset FA313092803 1.4 1.7 2.3 2.6 2.4 2.2 2.3 2.2 55
Federal government; equity in government-sponsored enterprises (GSEs); asset(1) FA313092403 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 FA313094303 0.0 1.2 4.0 0.5 -3.4 -1.8 0.0 0.0 57
Federal government; other accounts receivable; asset (IMA) FA313096005 -87.4 47.1 16.5 29.1 21.2 31.8 0.5 41.1 58
Federal government; trade receivables; asset FA313070000 4.2 -21.1 -0.7 4.8 2.6 3.3 -5.2 12.7 59
Federal government; taxes receivable; asset FA313078005 -62.2 35.9 27.1 25.6 22.0 24.9 -4.5 16.2 60
Federal government; unidentified miscellaneous assets FA313093003 -29.4 32.3 -9.8 -1.3 -3.5 3.7 10.2 12.2 61
Federal government; total liabilities FA314190005 1369.0 1536.0 1696.7 1201.7 1249.7 878.9 773.0 766.3 62
Federal government; special drawing rights (SDRs) allocations; liability FA313111303 0.0 47.6 0.0 0.0 0.0 0.0 0.0 0.0 63
Federal government; total currency and deposits; liability FA314100005 -0.8 -0.4 -0.3 0.0 0.0 -0.4 -0.3 -0.0 64
Federal government; debt securities; liability FA314122005 1302.5 1505.8 1645.9 1138.7 1180.6 857.3 735.9 724.6 65
Federal government; Treasury securities; liability FA313161105 1302.3 1505.7 1645.3 1137.6 1181.0 857.7 736.0 724.4 66
Federal government; budget agency securities; liability FA313161705 0.2 0.1 0.7 1.1 -0.4 -0.4 -0.1 0.2 67
Federal government; multifamily residential mortgages; liability FA313165403 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 68
Federal government; insurance, pension and standardized guarantee schemes; liability (IMA) FA313152005 45.1 33.2 43.5 40.6 64.0 2.7 33.3 26.0 69
Federal government; life insurance reserves; liability FA313140003 1.0 1.1 0.9 1.3 0.3 0.2 0.8 -0.1 70
Federal government; retiree health care funds; liability FA313195105 26.5 16.6 22.5 18.5 13.3 12.2 10.4 7.4 71
Federal government retirement funds; claims of pension fund on sponsor; asset FA343073005 17.6 15.6 20.2 20.8 50.4 -9.7 22.1 18.7 72
Federal government; other accounts payable; liability (IMA) FA313196005 22.2 -50.3 7.6 22.4 5.1 19.2 4.1 15.8 73
Monetary authority; SDR certificates issued by federal government; asset FA713014003 0.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 74
Federal government; trade payables; liability FA313170005 22.6 -56.2 5.2 8.8 13.4 17.9 1.1 12.2 75
Federal government; unidentified miscellaneous liabilities, including liability due to FICO FA313193005 -0.3 2.9 2.4 13.6 -8.3 1.3 3.0 3.5 76
Federal government; net lending (+) or borrowing (-) (financial account) FA315000005 -789.1 -1288.6 -1416.9 -1350.0 -1131.2 -661.2 -600.2 -514.0 77
Federal government; total other volume changes (IMA) FV318090185 86.7 131.1 -31.0 48.2 41.3 24.9 74.5 101.8 78
Federal government; nonfinancial assets (does not include land) FV312010095 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 79
Federal government; other volume changes (IMA) FV318090085 95.2 -56.0 -122.8 1.2 -20.9 -13.9 14.5 35.7 80
Federal government; statistical discrepancy (IMA)(2) FU317005045 8.5 -187.1 -91.8 -47.1 -62.2 -38.8 -60.0 -66.1 81
Federal government; nonfinancial assets (does not include land) FR312010095 69.0 -36.0 61.3 69.3 50.0 79.4 60.7 8.8 82
Federal government; total residential and nonresidential structures FR315014665 44.0 -48.4 18.1 49.4 36.2 50.0 40.0 7.0 83
Federal government; nonresidential equipment, current cost basis FR315013265 11.8 8.6 5.0 12.2 2.0 3.7 9.1 -3.5 84
Federal government; nonresidential intellectual property products, current cost basis FR315013765 13.2 3.8 38.2 7.7 11.9 25.8 11.5 5.4 85
Federal government; financial assets with revaluations (IMA) FR318080005 -67.9 -121.6 -43.7 -32.1 -4.7 0.1 -5.0 -3.3 86
Federal government; monetary gold and SDRs; asset FR313011105 -0.2 0.2 -1.0 -0.1 0.1 0.1 -3.3 -2.3 87
Federal government; total currency and deposits; asset FR314000005 -0.0 0.3 -0.2 -0.5 0.0 0.0 -1.7 -1.1 88
Federal government; corporate equities; asset FR313064105 -67.7 -121.9 -41.5 -32.4 -4.7 0.0 0.0 0.0 89
Federal government; equity investment in funding corporations under PPIP; asset FR313094303 0.0 -0.3 -1.0 0.9 -0.0 0.0 0.0 0.0 90
Federal government; special drawing rights (SDRs) allocations; liability FR313111303 -0.2 0.2 -1.0 -0.2 0.1 0.1 -3.2 -2.2 91
Federal government; changes in net worth due to nominal holding gains/losses (IMA) FR318200005 1.2 -157.9 18.5 37.4 45.3 79.4 58.9 7.7 92
Federal government; net worth (IMA) FC312090095 -663.6 -1461.9 -1467.5 -1272.4 -1088.5 -597.6 -537.9 -511.7 93
Federal government; total assets (does not include land) FL312000095 4121.6 4238.8 4577.3 4489.0 4656.9 4934.5 5161.3 5406.4 94
Federal government; nonfinancial assets (does not include land)(3) FL312010095 2829.2 2842.1 2957.5 3066.8 3137.2 3217.1 3269.3 3268.0 95
Federal government; total residential and nonresidential structures FL315014665 1369.8 1326.1 1352.5 1406.9 1439.8 1481.4 1511.6 1508.2 96
Federal government; nonresidential equipment, current cost basis FL315013265 616.2 649.8 680.9 711.0 726.6 734.4 745.7 743.3 97
Federal government; nonresidential intellectual property products, current cost basis FL315013765 843.2 866.2 924.1 948.9 970.8 1001.3 1012.0 1016.4 98
Federal government; total financial assets FL314090005 1292.4 1396.7 1619.8 1422.2 1519.7 1717.5 1892.0 2138.4 99
Federal government; monetary gold and SDRs; asset FL313011105 9.3 57.8 56.8 55.0 55.1 55.2 51.9 49.7 100
Federal government; monetary gold; asset FL313011205 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 101
Federal government; special drawing rights (SDRs) holdings; asset FL313011303 9.3 57.8 56.8 55.0 55.1 55.2 51.9 49.7 102
Federal government; total currency and deposits; asset FL314000005 404.8 234.9 385.2 144.8 155.9 221.8 277.2 379.7 103
Federal government; other reserves; asset FL313011505 23.4 25.0 25.7 25.6 24.7 23.6 20.7 19.5 104
Federal government; reserve position in IMF (net); asset FL313011405 7.8 11.5 12.6 30.3 34.4 31.0 25.3 17.7 105
Federal government; checkable deposits and currency; asset FL313020005 369.4 193.9 342.3 84.6 92.2 163.0 226.8 338.1 106
Federal government; total time and savings deposits; asset FL313030003 1.6 1.9 2.0 1.7 2.0 1.5 1.7 1.8 107
Federal government; nonofficial foreign currencies; asset FL313091105 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 108
Federal government; debt securities; asset FL314022005 54.4 197.0 150.1 31.9 0.6 0.6 0.5 0.5 109
Federal government; agency- and GSE-backed securities; asset FL313061703 54.4 196.4 149.2 31.1 0.0 0.0 0.0 0.0 110
Federal government; corporate bonds issued by commercial banking under TARP; asset FL313063763 0.0 0.6 0.9 0.8 0.6 0.6 0.5 0.5 111
Federal government; loans; asset FL314023005 340.1 516.4 649.3 788.4 919.9 1044.3 1158.8 1264.4 112
Federal government; loans, excluding mortgages; asset FL314041005 244.3 408.0 542.7 678.5 808.4 928.9 1041.6 1147.9 113
Federal government; consumer credit, student loans; asset FL313066220 135.2 232.7 363.8 494.8 622.2 735.5 846.2 949.7 114
Federal government; other loans and advances; asset FL313069005 109.1 175.3 179.0 183.7 186.2 193.4 195.4 198.2 115
Federal government; total mortgages; asset FL313065005 95.8 108.4 106.6 109.9 111.5 115.5 117.2 116.5 116
Federal government; other equity; asset (IMA) FL313081115 237.5 118.7 106.6 118.4 99.5 95.1 95.8 98.0 117
Federal government; corporate equities; asset LM313064105 188.7 67.4 49.9 57.8 39.9 35.1 33.4 33.4 118
Federal government; U.S. equity in IBRD, etc.; asset FL313092803 48.8 50.5 52.8 55.4 57.8 60.0 62.4 64.6 119
Federal government; equity in government-sponsored enterprises (GSEs); asset(1) FL313092403 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 120
Federal government; equity investment in funding corporations under PPIP; asset FL313094303 0.0 0.9 3.8 5.2 1.8 0.0 0.0 0.0 121
Federal government; other accounts receivable; asset (IMA) FL313096005 246.2 271.8 271.7 283.7 288.7 300.5 307.7 346.2 122
Federal government; trade receivables; asset FL313070000 64.7 43.6 42.9 47.7 50.3 53.6 48.4 61.2 123
Federal government; taxes receivable; asset FL313078005 119.4 133.9 144.3 152.8 158.6 163.4 165.6 179.2 124
Federal government; unidentified miscellaneous assets FL313093003 62.0 94.3 84.5 83.2 79.8 83.4 93.6 105.8 125
Federal government; total assets (does not include land) FL312000095 4121.6 4238.8 4577.3 4489.0 4656.9 4934.5 5161.3 5406.4 126
Federal government; total liabilities FL314190005 9424.6 11003.7 12809.7 13993.9 15250.2 16125.5 16890.2 17646.9 127
Federal government; special drawing rights (SDRs) allocations; liability FL313111303 7.5 55.4 54.4 54.2 54.3 54.4 51.2 48.9 128
Federal government; total currency and deposits; liability FL314100005 26.6 26.2 25.9 25.9 25.9 25.6 25.3 25.3 129
Federal government; debt securities; liability FL314122005 7376.8 8882.6 10528.6 11667.3 12847.8 13705.1 14441.1 15165.6 130
Federal government; Treasury securities; liability FL313161105 7353.5 8859.2 10504.4 11642.0 12822.9 13680.6 14416.7 15141.1 131
Federal government; budget agency securities; liability FL313161705 23.3 23.5 24.2 25.3 24.9 24.5 24.4 24.6 132
Federal government; multifamily residential mortgages; liability FL313165403 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 133
Federal government; insurance, pension and standardized guarantee schemes; liability (IMA) FL313152005 1746.4 1825.8 1982.4 2019.6 2082.4 2083.1 2114.8 2137.5 134
Federal government; life insurance reserves; liability FL313140003 46.7 47.8 48.7 50.0 50.3 50.5 51.3 51.1 135
Federal government; retiree health care funds; liability FL313195105 163.8 180.4 202.9 221.4 234.8 246.9 257.3 264.7 136
Federal government retirement funds; claims of pension fund on sponsor; asset FL343073005 1535.8 1597.6 1730.8 1748.2 1797.3 1785.7 1806.2 1821.7 137
Federal government; other accounts payable; liability (IMA) FL313196005 267.2 213.7 218.5 226.9 239.8 257.3 257.8 269.5 138
Monetary authority; SDR certificates issued by federal government; asset FL713014003 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 139
Federal government; trade payables; liability FL313170005 260.7 204.5 209.7 218.5 231.9 249.8 250.9 263.1 140
Federal government; liability due to FICO FL313193013 4.3 4.0 3.6 3.2 2.8 2.3 1.8 1.2 141
Federal government; net worth (IMA) FL312090095 -5303.0 -6764.9 -8232.5 -9504.9 -10593.3 -11190.9 -11728.9 -12240.5 142

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NOTES

  1. Note. The Federal government accounts exclude Federal employee retirement funds.
  2. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
  3. The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
  4. Excludes land and nonproduced nonfinancial assets.
  5. IMF International Monetary Fund
  6. SDRs Special Drawing Rights
Last update: March 9, 2017