Financial Accounts of the United States - Z.1
F.5 Net Capital Transfers (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; capital transfers paid | FA895410005 | 131.1 | 104.0 | 125.7 | 101.0 | 107.2 | 115.0 | 166.0 | 111.3 | 110.5 | 1 |
| Domestic business; capital transfers paid | FA825410005 | 17.5 | 0.0 | 14.5 | 0.0 | 0.0 | 0.0 | 58.0 | 0.0 | 0.0 | 2 |
| Domestic financial sectors; capital transfers paid | FA795410005 | 17.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3 |
| Property-casualty insurance companies; capital transfers paid, disaster-related insurance benefits | FA515410073 | 17.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4 |
| Domestic financial sectors; capital transfers paid, other than for disasters | FA795410003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5 |
| Nonfinancial corporate business; capital transfers paid (includes disaster-related payments by BP to state and local governments) | FA105410003 | 0.0 | 0.0 | 14.5 | 0.0 | 0.0 | 0.0 | 58.0 | 0.0 | 0.0 | 6 |
| Nonfinancial noncorporate business; capital transfers paid | FA115410003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7 |
| General government; capital transfers paid | FA365410005 | 82.2 | 82.3 | 88.1 | 80.0 | 86.1 | 92.4 | 85.1 | 87.9 | 87.0 | 8 |
| Federal government; capital transfers paid | FA315410005 | 82.2 | 82.3 | 88.1 | 80.0 | 86.1 | 92.4 | 85.1 | 87.9 | 87.0 | 9 |
| State and local governments; capital transfers received, investment grants from federal government | FA215400033 | 65.8 | 68.2 | 73.0 | 68.9 | 69.8 | 72.2 | 72.5 | 73.8 | 73.6 | 10 |
| Federal government; capital transfers paid, disaster-related insurance benefits | FA315410073 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Federal government; capital transfers paid to financial corporations under the financial stabilization program (2) | FA315410093 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12 |
| Federal government; other capital transfers paid to business | FA315410043 | 1.2 | 1.1 | 0.9 | 1.3 | 0.9 | 0.9 | 1.0 | 0.8 | 0.7 | 13 |
| Federal government; other capital transfers paid to households | FA315410053 | 6.8 | 6.3 | 7.3 | 6.1 | 6.9 | 6.9 | 6.9 | 8.7 | 6.9 | 14 |
| Federal government; capital transfers paid to the rest of the world | FA315410063 | 7.8 | 6.6 | 6.9 | 3.7 | 8.5 | 12.3 | 4.7 | 4.6 | 5.8 | 15 |
| State and local governments; capital transfers paid, disaster-related insurance benefits | FA215410073 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 16 |
| State and local governments; capital transfers paid, disaster-related insurance benefits | FA215410073 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 17 |
| Households and nonprofit organizations; capital transfers paid; estate and gift taxes | FA155410035 | 28.3 | 21.7 | 23.1 | 21.0 | 21.1 | 22.6 | 22.9 | 23.3 | 23.5 | 18 |
| Federal government; capital transfers received, estate and gift taxes paid by persons | FA315400053 | 22.7 | 16.2 | 17.4 | 15.4 | 15.6 | 16.8 | 17.3 | 17.6 | 17.7 | 19 |
| State and local governments; capital transfers received, estate and gift taxes paid by persons | FA215400053 | 5.6 | 5.5 | 5.7 | 5.5 | 5.5 | 5.8 | 5.7 | 5.7 | 5.7 | 20 |
| Rest of the world; capital transfers paid | FA265410005 | 3.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| Rest of the world; capital transfers paid, disaster-related insurance benefits | FA265410073 | 3.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| Rest of the world; capital transfers paid, other than for disasters | FA265410003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23 |
| All sectors; capital transfers received | FA895400005 | 131.1 | 104.0 | 125.7 | 101.0 | 107.2 | 115.0 | 166.0 | 111.3 | 110.5 | 24 |
| Domestic business; capital transfers received | FA825400005 | 9.8 | 1.1 | 0.9 | 1.3 | 0.9 | 0.9 | 1.0 | 0.8 | 0.7 | 25 |
| Domestic financial sectors; capital transfers received | FA795400005 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 26 |
| Property-casualty insurance companies; capital transfers received, disaster-related insurance benefits | FA515400073 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 27 |
| Domestic financial sectors; capital transfers received, other | FA795400003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 28 |
| Nonfinancial corporate business; capital transfers received | FA105400005 | 6.2 | 1.1 | 0.9 | 1.3 | 0.9 | 0.9 | 1.0 | 0.8 | 0.7 | 29 |
| Nonfinancial corporate business; capital transfers received, disaster-related insurance benefits | FA105400073 | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 30 |
| Nonfinancial corporate business; capital transfers received, other | FA105400003 | 1.2 | 1.1 | 0.9 | 1.3 | 0.9 | 0.9 | 1.0 | 0.8 | 0.7 | 31 |
| Nonfinancial noncorporate business; capital transfers received | FA115400005 | 3.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 32 |
| Nonfinancial noncorporate business; capital transfers received, disaster-related insurance benefits | FA115400075 | 3.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 33 |
| Nonfinancial noncorporate business; capital transfers received, other | FA115400003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 34 |
| General government; capital transfers received | FA365400005 | 94.9 | 89.9 | 97.1 | 89.9 | 90.9 | 94.9 | 99.5 | 97.2 | 97.0 | 35 |
| Federal government; capital transfers received, total | FA315400005 | 22.7 | 16.2 | 17.4 | 15.4 | 15.6 | 16.8 | 17.3 | 17.6 | 17.7 | 36 |
| Federal government; capital transfers received, estate and gift taxes paid by persons | FA315400053 | 22.7 | 16.2 | 17.4 | 15.4 | 15.6 | 16.8 | 17.3 | 17.6 | 17.7 | 37 |
| Federal government; capital transfers received, other | FA315400003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 38 |
| State and local governments; capital transfers received | FA215400005 | 72.2 | 73.8 | 79.8 | 74.4 | 75.3 | 78.1 | 82.2 | 79.6 | 79.3 | 39 |
| State and local governments; capital transfers received, disaster-related insurance benefits | FA215400073 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 40 |
| State and local governments; capital transfers received, estate and gift taxes paid by persons | FA215400053 | 5.6 | 5.5 | 5.7 | 5.5 | 5.5 | 5.8 | 5.7 | 5.7 | 5.7 | 41 |
| State and local governments; capital transfers received, investment grants from federal government | FA215400033 | 65.8 | 68.2 | 73.0 | 68.9 | 69.8 | 72.2 | 72.5 | 73.8 | 73.6 | 42 |
| State and local governments; capital transfers received, other (includes disaster-related payments by BP to state and local governments for the 2010 Gulf oil spill) | FA215400003 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | 4.0 | 0.0 | 0.0 | 43 |
| Households and nonprofit organizations; capital transfers received | FA155400005 | 18.7 | 6.3 | 20.8 | 6.1 | 6.9 | 6.9 | 60.9 | 8.7 | 6.9 | 44 |
| Households and nonprofit organizations; capital transfers received, disaster-related insurance benefits | FA155400073 | 12.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 45 |
| Households and nonprofit organizations; capital transfers received, other | FA155400003 | 6.8 | 6.3 | 20.8 | 6.1 | 6.9 | 6.9 | 60.9 | 8.7 | 6.9 | 46 |
| Rest of the world; capital transfers received | FA265400005 | 7.8 | 6.6 | 6.9 | 3.7 | 8.5 | 12.3 | 4.7 | 4.6 | 5.8 | 47 |
| Rest of the world; capital transfers received from U.S. government | FA265400033 | 7.8 | 6.6 | 6.9 | 3.7 | 8.5 | 12.3 | 4.7 | 4.6 | 5.8 | 48 |
| Rest of the world; capital transfers received, disaster-related insurance benefits | FA265400073 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 49 |
| Rest of the world; capital transfers received, other | FA265400003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 50 |
| Domestic business; net capital transfers paid | FA825440005 | 7.7 | -1.1 | 13.6 | -1.3 | -0.9 | -0.9 | 57.0 | -0.8 | -0.7 | 51 |
| Domestic financial sectors; net capital transfers paid | FA795440005 | 16.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 52 |
| Property-casualty insurance companies; net capital transfers paid | FA515440005 | 16.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 53 |
| Life insurance companies; capital transfers paid, tax on foreign earnings retained abroad | FA545410003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 54 |
| U.S.-chartered depository institutions; net capital transfers paid | FA765440005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 55 |
| Government-sponsored enterprises; capital transfers received from the federal government | FA405400033 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 56 |
| Finance companies; capital transfers paid, tax on foreign earnings retained abroad | FA615410003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 57 |
| Security brokers and dealers; capital transfers paid, tax on foreign earnings retained abroad | FA665410003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 58 |
| Holding companies; capital transfers received by GMAC from the federal government under the financial stabilization program | FA735400033 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 59 |
| Other financial business; capital transfers received by AIG from the federal government under the financial stabilization program | FA505400033 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 60 |
| Nonfinancial corporate business; net capital transfers paid | FA105440005 | -6.2 | -1.1 | 13.6 | -1.3 | -0.9 | -0.9 | 57.0 | -0.8 | -0.7 | 61 |
| Nonfinancial noncorporate business; net capital transfers paid | FA115440005 | -3.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 62 |
| General government; net capital transfers paid | FA365440005 | -12.7 | -7.7 | -9.0 | -9.8 | -4.7 | -2.5 | -14.4 | -9.2 | -10.0 | 63 |
| Federal government; net capital transfers paid | FA315440005 | 59.5 | 66.1 | 70.8 | 64.6 | 70.6 | 75.6 | 67.8 | 70.3 | 69.3 | 64 |
| State and local governments; net capital transfers paid | FA215440005 | -72.2 | -73.8 | -79.8 | -74.4 | -75.3 | -78.1 | -82.2 | -79.6 | -79.3 | 65 |
| Households and nonprofit organizations; net capital transfers paid | FA155440005 | 9.5 | 15.4 | 2.3 | 14.9 | 14.2 | 15.7 | -37.9 | 14.7 | 16.6 | 66 |
| Rest of the world; net capital transfers paid | FA265440005 | -4.5 | -6.6 | -6.9 | -3.7 | -8.5 | -12.3 | -4.7 | -4.6 | -5.8 | 67 |
NOTES
- This table is based on NIPA table 5.11 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
- Series treated as capital losses in the financial corporations sectors rather than as capital transfers in the Financial Accounts of the United States.
Last Update: March 11, 2021