Financial Accounts of the United States - Z.1
F.105 General Government (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2013 | 2014 | 2015 | 2016 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| General government; current receipts, NIPA basis | FA366010115 | 5275.2 | 5516.1 | 5784.8 | 5870.7 | 5796.5 | 5827.6 | 5922.3 | 5936.4 | 6024.0 | 1 |
| General government; personal current taxes | FA366210005 | 1677.8 | 1787.0 | 1938.7 | 1960.9 | 1932.7 | 1952.1 | 1982.4 | 1976.3 | 1994.4 | 2 |
| General government; taxes on production and imports, receivable (IMA) | FA366240005 | 1174.9 | 1210.2 | 1237.6 | 1256.2 | 1249.8 | 1246.7 | 1260.9 | 1267.3 | 1264.9 | 3 |
| General government; taxes on corporate income (accrual basis) | FA366231005 | 433.5 | 495.2 | 515.4 | 504.1 | 487.7 | 504.4 | 524.5 | 499.9 | 501.7 | 4 |
| Federal government; taxes from the rest of the world | FA316231061 | 19.4 | 21.5 | 22.1 | 23.1 | 22.7 | 21.9 | 23.3 | 24.6 | 24.5 | 5 |
| General government; contributions for government social insurance received | FA366601005 | 1109.8 | 1160.0 | 1208.6 | 1251.9 | 1234.0 | 1249.9 | 1264.3 | 1259.3 | 1285.5 | 6 |
| General government; property income (received) | FA366150105 | 238.8 | 152.0 | 128.8 | 131.6 | 132.9 | 120.2 | 132.6 | 140.7 | 159.9 | 7 |
| General government; other current transfers received | FA366403105 | 642.0 | 710.6 | 752.4 | 765.4 | 757.3 | 755.6 | 757.6 | 791.0 | 815.0 | 8 |
| General government; operating surplus, net | FA366402105 | -20.9 | -20.2 | -18.8 | -22.4 | -20.5 | -23.3 | -23.2 | -22.7 | -21.9 | 9 |
| General government; current expenditures | FA366900015 | 6109.5 | 6298.9 | 6515.8 | 6728.2 | 6638.4 | 6685.3 | 6769.7 | 6819.1 | 6901.8 | 10 |
| General government; consumption expenditures | FA366901005 | 2523.7 | 2557.6 | 2604.9 | 2655.2 | 2623.0 | 2643.8 | 2672.3 | 2681.6 | 2703.8 | 11 |
| General government; social contributions paid | FA366404005 | 2405.7 | 2514.4 | 2647.6 | 2743.0 | 2712.0 | 2731.4 | 2754.0 | 2774.7 | 2816.3 | 12 |
| General government; other current transfers paid | FA366403005 | 503.9 | 547.1 | 583.2 | 604.4 | 600.8 | 587.3 | 614.3 | 615.3 | 619.2 | 13 |
| General government; interest paid | FA366130005 | 616.9 | 623.1 | 623.4 | 666.3 | 644.4 | 663.5 | 669.0 | 688.5 | 703.8 | 14 |
| General government; subsidies paid | FA366402005 | 59.3 | 56.7 | 56.6 | 59.2 | 58.3 | 59.4 | 60.1 | 59.0 | 58.8 | 15 |
| General government; net saving including net capital transfers paid | FA366006005 | -834.4 | -782.7 | -731.0 | -857.4 | -841.9 | -857.8 | -847.4 | -882.7 | -877.8 | 16 |
| General government; consumption of fixed capital, equipment, software, and structures, current cost basis | FA366300005 | 506.5 | 517.4 | 522.5 | 527.0 | 523.3 | 526.7 | 527.9 | 530.1 | 533.2 | 17 |
| Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (2) | FA313154015 | -2.2 | -2.0 | -2.2 | -2.4 | -2.9 | -3.2 | -2.5 | -1.1 | -2.6 | 18 |
| General government; net capital transfers paid excluding payments under the financial stabilization program (3) | FA365440095 | -13.4 | -12.5 | -17.8 | -19.5 | -20.8 | -21.3 | -20.5 | -15.3 | -17.1 | 19 |
| General government; gross saving less net capital transfers paid | FA366000105 | -312.2 | -250.8 | -188.4 | -308.6 | -294.9 | -306.6 | -296.5 | -336.2 | -324.8 | 20 |
| General government; gross investment | FA365090005 | -312.5 | -180.7 | -140.5 | -193.8 | -176.4 | -167.9 | -522.3 | 91.3 | -434.4 | 21 |
| General government; gross fixed investment | FA365019005 | 592.3 | 594.5 | 613.4 | 621.5 | 631.3 | 618.5 | 613.6 | 622.7 | 624.3 | 22 |
| General government; acquisition of nonproduced nonfinancial assets (net) | FA365420005 | 6.6 | 6.2 | -21.7 | 0.2 | 8.8 | -23.9 | 7.1 | 8.7 | 8.5 | 23 |
| General government; net lending (+) or borrowing (-) (financial account) | FA365000005 | -911.4 | -781.5 | -732.2 | -815.5 | -816.5 | -762.5 | -1142.9 | -540.0 | -1067.3 | 24 |
| General government; total financial assets | FA364090005 | 195.4 | 256.1 | 347.2 | 390.4 | 344.0 | 399.6 | 511.4 | 306.7 | -869.6 | 25 |
| Federal government; U.S. official reserve assets | FA313011005 | -3.3 | -3.8 | -6.4 | 2.2 | -4.3 | 0.7 | 6.6 | 5.8 | 9.8 | 26 |
| General government; checkable deposits and currency; asset | FA363020005 | 76.7 | 76.8 | 101.1 | 70.9 | 104.8 | 53.3 | 128.1 | -2.7 | -1048.7 | 27 |
| General government; total time and savings deposits; asset | FA363030005 | 17.6 | 9.1 | 13.6 | -0.7 | 5.5 | 15.4 | -37.1 | 13.7 | -42.6 | 28 |
| State and local governments, excluding employee retirement funds; money market mutual fund shares; asset | FA213034003 | 0.5 | 5.9 | 11.9 | 7.3 | 3.3 | 4.9 | 11.3 | 9.7 | -2.0 | 29 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 0.8 | 5.1 | 10.0 | 5.8 | 2.6 | 3.9 | 9.1 | 7.8 | -1.6 | 30 |
| General government; debt securities; asset | FA364022005 | -64.4 | 13.0 | 29.1 | 74.1 | 14.5 | 93.1 | 151.7 | 36.9 | -18.8 | 31 |
| State and local governments, excluding employee retirement funds; commercial paper; asset | FA213069103 | -9.9 | -7.5 | -2.9 | -0.5 | -10.9 | 1.7 | 3.8 | 3.3 | -0.7 | 32 |
| State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset | FA213061105 | -20.1 | 33.8 | 43.6 | 55.8 | 61.8 | 54.3 | 107.9 | -0.8 | -11.3 | 33 |
| General government; agency- and GSE-backed securities; asset | FA363061705 | -32.3 | -17.3 | -22.0 | 10.8 | -40.0 | 31.9 | 27.7 | 23.8 | -4.8 | 34 |
| State and local governments, excluding employee retirement funds; municipal securities; asset | FA213062003 | -0.1 | 0.3 | 0.8 | 0.6 | 0.3 | 0.4 | 0.9 | 0.8 | -0.2 | 35 |
| General government; corporate and foreign bonds; asset | FA363063005 | -1.9 | 3.7 | 9.6 | 7.3 | 3.3 | 4.9 | 11.4 | 9.8 | -2.0 | 36 |
| General government; loans; asset | FA364023005 | 123.5 | 119.8 | 118.4 | 112.6 | 108.6 | 103.5 | 110.1 | 128.1 | 71.0 | 37 |
| General government; total mortgages; asset | FA363065005 | 3.1 | 7.1 | 12.1 | 12.7 | 8.2 | 6.3 | 15.1 | 21.1 | -6.2 | 38 |
| Federal government; consumer credit, student loans; asset | FA313066220 | 113.3 | 110.7 | 103.4 | 99.6 | 101.5 | 95.5 | 97.3 | 104.2 | 81.5 | 39 |
| Federal government; other loans and advances; asset | FA313069005 | 7.2 | 2.0 | 2.9 | 0.3 | -1.1 | 1.7 | -2.3 | 2.9 | -4.3 | 40 |
| General government; corporate equities; asset | FA363064105 | -5.8 | 0.3 | 5.1 | 3.9 | 1.8 | 2.5 | 6.0 | 5.2 | -1.0 | 41 |
| State and local governments, excluding employee retirement funds; mutual fund shares; asset | FA213064203 | -0.5 | 1.0 | 2.6 | 2.0 | 0.9 | 1.3 | 3.1 | 2.7 | -0.5 | 42 |
| General government; trade receivables; asset | FA363070005 | 12.7 | 6.0 | 16.5 | 15.4 | 10.6 | 7.9 | 25.0 | 18.1 | -5.1 | 43 |
| General government; taxes receivable; asset | FA363078005 | 30.0 | 3.3 | 19.6 | 78.7 | 72.3 | 97.7 | 80.4 | 64.3 | 155.9 | 44 |
| General government; total miscellaneous assets | FA363090005 | 7.5 | 19.5 | 25.7 | 18.3 | 23.4 | 15.4 | 17.1 | 17.3 | 13.9 | 45 |
| General government; total liabilities | FA364190005 | 1106.7 | 1037.5 | 1079.4 | 1205.9 | 1160.5 | 1162.1 | 1654.3 | 846.7 | 197.6 | 46 |
| Federal government; special drawing rights (SDRs) allocations; liability | FA313111303 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 47 |
| Monetary authority; SDR certificates issued by federal government; asset | FA713014003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 48 |
| Federal government; Treasury currency; liability | FA313112003 | -0.4 | -0.3 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 49 |
| General government; debt securities; liability | FA364122005 | 801.6 | 700.0 | 733.8 | 870.5 | 873.5 | 837.3 | 1307.6 | 463.7 | -631.9 | 50 |
| Federal government; Treasury securities; liability | FA313161105 | 857.7 | 736.0 | 724.4 | 842.8 | 852.4 | 770.0 | 1285.4 | 463.3 | -522.7 | 51 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FA213162005 | -55.7 | -35.9 | 9.2 | 27.9 | 21.5 | 66.8 | 23.0 | 0.1 | -108.3 | 52 |
| General government; loans; liability | FA364123005 | 0.5 | 0.4 | 0.3 | 0.9 | 0.8 | 0.2 | -0.9 | 3.6 | 0.2 | 53 |
| Federal government; multifamily residential mortgages; liability | FA313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 54 |
| State and local governments, excluding employee retirement funds; U.S. government loans; liability | FA213169203 | 0.5 | 0.4 | 0.3 | 0.9 | 0.8 | 0.2 | -0.9 | 3.6 | 0.2 | 55 |
| General government; trade payables; liability | FA363170005 | 56.1 | 40.0 | 59.9 | 59.4 | 58.6 | 50.7 | 57.7 | 70.5 | 62.3 | 56 |
| Federal government; life insurance reserves; liability | FA313140003 | 0.2 | 0.8 | -0.1 | 0.1 | -0.4 | 0.8 | 0.1 | 0.0 | -1.1 | 57 |
| General government; total miscellaneous liabilities | FA363190005 | 248.6 | 296.6 | 285.6 | 274.9 | 228.1 | 273.1 | 289.7 | 308.8 | 768.1 | 58 |
| General government; sector discrepancy | FA367005005 | 0.3 | -70.1 | -47.9 | -114.8 | -118.5 | -138.7 | 225.8 | -427.5 | 109.6 | 59 |
| General government (consolidated); total financial assets (4) | FA374090005 | 215.1 | 221.6 | 302.5 | 333.1 | 281.1 | 344.7 | 403.4 | 303.1 | -858.4 | 60 |
| General government (consolidated); total liabilities (4) | FA374190005 | 1126.4 | 1003.1 | 1034.8 | 1148.6 | 1097.6 | 1107.2 | 1546.3 | 843.1 | 208.9 | 61 |
NOTES
- Sum of the federal government and state and local governments sectors.
- Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves. Saving transferred to the households and nonprofit organizations sector. Includes value of Treasury and agency- and GSE-backed securities held by state and local government employee retirement funds.
- Table F.5, line 60 less line 12.
- Excludes Treasury securities and municipal securities held by state and local governments (lines 33 and 35) and federal government loans to state and local governments (line 55).
Last Update: June 8, 2017