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 | 2014 | 2015 | 2016 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | 2017 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| General government; current receipts, NIPA basis | FA366010115 | 5527.9 | 5792.1 | 5868.3 | 5780.2 | 5830.6 | 5924.9 | 5937.6 | 6054.5 | 6014.0 | 1 |
| General government; personal current taxes | FA366210005 | 1785.6 | 1937.9 | 1960.1 | 1928.9 | 1950.7 | 1983.8 | 1977.2 | 2018.8 | 2015.3 | 2 |
| General government; taxes on production and imports, receivable (IMA) | FA366240005 | 1221.6 | 1255.8 | 1288.0 | 1274.9 | 1276.4 | 1296.6 | 1304.1 | 1309.2 | 1321.1 | 3 |
| General government; taxes on corporate income (accrual basis) | FA366231005 | 494.4 | 496.3 | 459.4 | 445.0 | 460.2 | 475.0 | 457.3 | 454.9 | 469.3 | 4 |
| Federal government; taxes from the rest of the world | FA316231061 | 20.5 | 21.0 | 21.4 | 22.1 | 21.0 | 20.9 | 21.8 | 21.7 | 22.0 | 5 |
| General government; contributions for government social insurance received | FA366601005 | 1160.5 | 1213.2 | 1250.5 | 1232.5 | 1250.5 | 1263.4 | 1255.5 | 1289.6 | 1303.1 | 6 |
| General government; property income (received) | FA366150105 | 150.4 | 125.1 | 125.1 | 126.4 | 113.1 | 126.1 | 134.8 | 155.2 | 139.1 | 7 |
| General government; other current transfers received | FA366403105 | 712.8 | 757.0 | 774.0 | 760.2 | 769.0 | 769.3 | 797.3 | 816.1 | 754.7 | 8 |
| General government; operating surplus, net | FA366402105 | -17.9 | -14.3 | -10.1 | -9.7 | -10.3 | -10.1 | -10.2 | -11.0 | -10.7 | 9 |
| General government; current expenditures | FA366900015 | 6307.0 | 6525.1 | 6733.0 | 6648.4 | 6704.0 | 6766.2 | 6813.5 | 6887.1 | 6851.3 | 10 |
| General government; consumption expenditures | FA366901005 | 2562.7 | 2610.8 | 2658.1 | 2629.8 | 2651.8 | 2672.6 | 2678.1 | 2701.3 | 2715.5 | 11 |
| General government; social contributions paid | FA366404005 | 2518.1 | 2651.5 | 2731.9 | 2704.0 | 2723.8 | 2741.0 | 2758.9 | 2794.9 | 2800.8 | 12 |
| General government; other current transfers paid | FA366403005 | 547.6 | 585.4 | 609.2 | 601.1 | 597.5 | 619.6 | 618.5 | 618.2 | 594.9 | 13 |
| General government; interest paid | FA366130005 | 620.5 | 620.2 | 672.1 | 653.1 | 668.9 | 670.0 | 696.3 | 711.7 | 680.2 | 14 |
| General government; subsidies paid | FA366402005 | 58.1 | 57.3 | 61.8 | 60.4 | 62.1 | 63.0 | 61.6 | 61.0 | 60.0 | 15 |
| General government; net saving including net capital transfers paid | FA366006005 | -779.1 | -733.0 | -864.7 | -868.2 | -873.4 | -841.3 | -875.9 | -832.6 | -837.3 | 16 |
| General government; consumption of fixed capital, equipment, software, and structures, current cost basis | FA366300005 | 516.9 | 521.9 | 526.2 | 522.9 | 526.1 | 526.9 | 528.8 | 533.6 | 536.6 | 17 |
| Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (2) | FA313154015 | -1.9 | -2.4 | -1.9 | -2.5 | -2.6 | -2.1 | -0.6 | -2.2 | -2.6 | 18 |
| General government; net capital transfers paid excluding payments under the financial stabilization program (3) | FA365440095 | -12.3 | -17.6 | -18.8 | -19.3 | -19.9 | -19.7 | -16.2 | -18.0 | -19.3 | 19 |
| General government; gross saving less net capital transfers paid | FA366000105 | -248.0 | -191.1 | -317.8 | -323.5 | -324.9 | -292.5 | -330.2 | -278.8 | -278.8 | 20 |
| General government; gross investment | FA365090005 | -147.2 | -108.3 | -210.9 | -287.4 | -168.7 | -274.3 | -113.0 | -573.2 | -204.4 | 21 |
| General government; gross fixed investment | FA365019005 | 594.4 | 608.1 | 609.7 | 618.5 | 609.7 | 602.0 | 608.7 | 618.9 | 615.4 | 22 |
| General government; acquisition of nonproduced nonfinancial assets (net) | FA365420005 | 6.9 | -20.5 | 1.9 | 10.4 | -22.1 | 9.0 | 10.4 | 10.3 | 10.2 | 23 |
| General government; net lending (+) or borrowing (-) (financial account) | FA365000005 | -748.4 | -695.9 | -822.5 | -916.3 | -756.3 | -885.3 | -732.0 | -1202.4 | -830.0 | 24 |
| General government; total financial assets | FA364090005 | 211.2 | 272.8 | 361.8 | 303.1 | 489.7 | 460.2 | 194.3 | -864.0 | 496.6 | 25 |
| Federal government; U.S. official reserve assets | FA313011005 | -3.8 | -6.4 | 2.2 | -4.3 | 0.7 | 6.6 | 5.8 | -1.1 | 0.5 | 26 |
| General government; checkable deposits and currency; asset | FA363020005 | 75.1 | 97.6 | 60.3 | 131.6 | 153.4 | 55.5 | -99.3 | -1019.3 | 329.4 | 27 |
| General government; total time and savings deposits; asset | FA363030005 | 13.0 | 14.5 | 6.4 | 2.8 | 21.5 | -28.4 | 29.8 | -33.7 | 12.3 | 28 |
| State and local governments, excluding employee retirement funds; money market mutual fund shares; asset | FA213034003 | 1.9 | 7.2 | 9.7 | 4.1 | 8.2 | 16.6 | 10.0 | 2.1 | 3.8 | 29 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 1.9 | 6.2 | 7.8 | 3.3 | 6.5 | 13.3 | 8.0 | 1.7 | 3.0 | 30 |
| General government; debt securities; asset | FA364022005 | -16.5 | -3.7 | 91.1 | 6.8 | 118.8 | 181.5 | 57.3 | -5.6 | 52.6 | 31 |
| State and local governments, excluding employee retirement funds; commercial paper; asset | FA213069103 | -9.3 | -4.5 | 0.3 | -10.6 | 2.8 | 5.7 | 3.4 | 0.7 | 1.3 | 32 |
| State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset | FA213061105 | 22.1 | 28.8 | 63.5 | 50.9 | 67.2 | 117.1 | 18.7 | -13.6 | -2.0 | 33 |
| General government; agency- and GSE-backed securities; asset | FA363061705 | -28.7 | -33.4 | 16.7 | -38.0 | 40.0 | 40.7 | 24.3 | 5.1 | 49.2 | 34 |
| State and local governments, excluding employee retirement funds; municipal securities; asset | FA213062003 | -0.0 | 0.4 | 0.8 | 0.3 | 0.7 | 1.3 | 0.8 | 0.2 | 0.3 | 35 |
| General government; corporate and foreign bonds; asset | FA363063005 | -0.5 | 4.9 | 9.8 | 4.1 | 8.2 | 16.8 | 10.0 | 2.1 | 3.8 | 36 |
| General government; loans; asset | FA364023005 | 114.7 | 111.8 | 115.5 | 111.1 | 108.4 | 118.4 | 124.0 | 86.9 | 104.4 | 37 |
| General government; total mortgages; asset | FA363065005 | 2.0 | 6.3 | 15.7 | 9.3 | 10.4 | 21.8 | 21.4 | -1.1 | 5.6 | 38 |
| Federal government; consumer credit, student loans; asset | FA313066220 | 110.7 | 103.4 | 99.6 | 103.1 | 96.7 | 99.0 | 99.7 | 90.1 | 95.5 | 39 |
| Federal government; other loans and advances; asset | FA313069005 | 2.0 | 2.1 | 0.2 | -1.3 | 1.3 | -2.3 | 2.9 | -2.1 | 3.3 | 40 |
| General government; corporate equities; asset | FA363064105 | -1.9 | 2.6 | 5.2 | 2.2 | 4.3 | 8.8 | 5.3 | 1.1 | 1.5 | 41 |
| State and local governments, excluding employee retirement funds; mutual fund shares; asset | FA213064203 | -0.1 | 1.4 | 2.7 | 1.1 | 2.3 | 4.6 | 2.8 | 0.6 | 1.0 | 42 |
| General government; trade receivables; asset | FA363070005 | 6.0 | 16.6 | 14.0 | 13.2 | 10.9 | 32.9 | -0.8 | -2.1 | 25.9 | 43 |
| General government; taxes receivable; asset | FA363078005 | 4.0 | 2.5 | 26.9 | 7.2 | 37.0 | 29.4 | 34.1 | 88.1 | -34.5 | 44 |
| General government; total miscellaneous assets | FA363090005 | 16.8 | 22.4 | 20.0 | 24.0 | 17.7 | 20.8 | 17.4 | 17.3 | -3.3 | 45 |
| General government; total liabilities | FA364190005 | 959.5 | 968.7 | 1184.3 | 1219.4 | 1245.9 | 1345.5 | 926.3 | 338.4 | 1326.6 | 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 | -0.3 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 49 |
| General government; debt securities; liability | FA364122005 | 700.4 | 734.1 | 872.4 | 960.6 | 940.1 | 1013.8 | 575.0 | -518.7 | 546.5 | 50 |
| Federal government; Treasury securities; liability | FA313161105 | 736.0 | 724.4 | 842.8 | 940.0 | 873.3 | 991.0 | 566.8 | -412.7 | 577.1 | 51 |
| Federal government; budget agency securities; liability | FA313161705 | -0.1 | 0.2 | -0.1 | -0.5 | 0.5 | -0.8 | 0.4 | -0.9 | 0.7 | 52 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FA213162005 | -35.6 | 9.5 | 29.7 | 21.0 | 66.3 | 23.6 | 7.9 | -105.1 | -31.2 | 53 |
| General government; loans; liability | FA364123005 | 0.4 | 0.3 | 0.9 | 0.8 | 0.2 | -0.9 | 3.6 | 0.2 | 0.5 | 54 |
| 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 | 55 |
| State and local governments, excluding employee retirement funds; U.S. government loans; liability | FA213169203 | 0.4 | 0.3 | 0.9 | 0.8 | 0.2 | -0.9 | 3.6 | 0.2 | 0.5 | 56 |
| General government; trade payables; liability | FA363170005 | 38.2 | 54.6 | 57.6 | 55.0 | 46.7 | 55.8 | 72.8 | 57.2 | 49.1 | 57 |
| Federal government; life insurance reserves; liability | FA313140003 | 0.8 | -0.1 | 0.1 | -0.4 | 0.8 | 0.1 | 0.0 | -1.1 | -0.5 | 58 |
| General government; total miscellaneous liabilities | FA363190005 | 220.1 | 179.8 | 253.3 | 203.4 | 258.1 | 276.7 | 274.9 | 800.8 | 731.0 | 59 |
| General government; sector discrepancy | FA367005005 | -100.8 | -82.8 | -106.9 | -36.1 | -156.2 | -18.2 | -217.2 | 294.4 | -74.4 | 60 |
| General government (consolidated); total financial assets (4) | FA374090005 | 188.8 | 243.3 | 296.6 | 251.1 | 421.5 | 342.6 | 171.2 | -850.7 | 497.7 | 61 |
| General government (consolidated); total liabilities (4) | FA374190005 | 937.2 | 939.2 | 1119.1 | 1167.4 | 1177.8 | 1227.9 | 903.2 | 351.6 | 1327.8 | 62 |
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: September 21, 2017