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 | 2019 | 2020 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; capital transfers paid | FA895410005 | 115.7 | 131.1 | 201.1 | 117.5 | 115.8 | 324.3 | 117.3 | 240.5 | 122.3 | 1 |
| Domestic business; capital transfers paid | FA825410005 | 0.0 | 14.5 | 23.7 | 0.0 | 0.0 | 0.0 | 0.0 | 94.8 | 0.0 | 2 |
| Domestic financial sectors; capital transfers paid | FA795410005 | 0.0 | 0.0 | 23.7 | 0.0 | 0.0 | 0.0 | 0.0 | 94.8 | 0.0 | 3 |
| Property-casualty insurance companies; capital transfers paid, disaster-related insurance benefits | FA515410073 | 0.0 | 0.0 | 23.7 | 0.0 | 0.0 | 0.0 | 0.0 | 94.8 | 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 | 14.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 93.9 | 91.8 | 144.7 | 92.1 | 90.4 | 297.7 | 89.9 | 100.6 | 90.5 | 8 |
| Federal government; capital transfers paid | FA315410005 | 93.9 | 91.8 | 144.7 | 92.1 | 90.4 | 297.7 | 89.9 | 100.6 | 90.5 | 9 |
| State and local governments; capital transfers received, investment grants from federal government | FA215400033 | 68.3 | 76.0 | 74.8 | 78.8 | 77.0 | 75.0 | 77.7 | 72.8 | 73.7 | 10 |
| Federal government; capital transfers paid, disaster-related insurance benefits | FA315410073 | 0.0 | 0.0 | 4.0 | 0.0 | 0.0 | 0.0 | 0.0 | 16.0 | 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 | 12.4 | 0.9 | 0.5 | 0.8 | 0.7 | 0.6 | 0.5 | 0.4 | 0.3 | 13 |
| Federal government; other capital transfers paid to households | FA315410053 | 6.3 | 8.8 | 58.0 | 8.5 | 7.9 | 207.6 | 7.9 | 7.9 | 8.7 | 14 |
| Federal government; capital transfers paid to the rest of the world | FA315410063 | 6.8 | 6.1 | 7.4 | 4.0 | 4.8 | 14.4 | 3.8 | 3.5 | 7.7 | 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 | 21.7 | 24.8 | 28.9 | 25.4 | 25.4 | 26.6 | 27.4 | 29.9 | 31.8 | 18 |
| Federal government; capital transfers received, estate and gift taxes paid by persons | FA315400053 | 16.2 | 19.1 | 22.5 | 19.7 | 19.6 | 20.5 | 21.0 | 23.3 | 25.0 | 19 |
| State and local governments; capital transfers received, estate and gift taxes paid by persons | FA215400053 | 5.6 | 5.7 | 6.5 | 5.7 | 5.8 | 6.2 | 6.4 | 6.6 | 6.7 | 20 |
| Rest of the world; capital transfers paid | FA265410005 | 0.0 | 0.0 | 3.8 | 0.0 | 0.0 | 0.0 | 0.0 | 15.2 | 0.0 | 21 |
| Rest of the world; capital transfers paid, disaster-related insurance benefits | FA265410073 | 0.0 | 0.0 | 3.8 | 0.0 | 0.0 | 0.0 | 0.0 | 15.2 | 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 | 115.7 | 131.1 | 201.1 | 117.5 | 115.8 | 324.3 | 117.3 | 240.5 | 122.3 | 24 |
| Domestic business; capital transfers received | FA825400005 | 12.4 | 0.9 | 16.0 | 0.8 | 0.7 | 0.6 | 0.5 | 62.7 | 0.3 | 25 |
| Domestic financial sectors; capital transfers received | FA795400005 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4.2 | 0.0 | 26 |
| Property-casualty insurance companies; capital transfers received, disaster-related insurance benefits | FA515400073 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4.2 | 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 | 12.4 | 0.9 | 9.8 | 0.8 | 0.7 | 0.6 | 0.5 | 37.8 | 0.3 | 29 |
| Nonfinancial corporate business; capital transfers received, disaster-related insurance benefits | FA105400073 | 0.0 | 0.0 | 9.4 | 0.0 | 0.0 | 0.0 | 0.0 | 37.4 | 0.0 | 30 |
| Nonfinancial corporate business; capital transfers received, other | FA105400003 | 12.4 | 0.9 | 0.5 | 0.8 | 0.7 | 0.6 | 0.5 | 0.4 | 0.3 | 31 |
| Nonfinancial noncorporate business; capital transfers received | FA115400005 | 0.0 | 0.0 | 5.2 | 0.0 | 0.0 | 0.0 | 0.0 | 20.7 | 0.0 | 32 |
| Nonfinancial noncorporate business; capital transfers received, disaster-related insurance benefits | FA115400075 | 0.0 | 0.0 | 5.2 | 0.0 | 0.0 | 0.0 | 0.0 | 20.7 | 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 | 90.1 | 101.8 | 106.9 | 104.2 | 102.4 | 101.7 | 105.1 | 115.5 | 105.5 | 35 |
| Federal government; capital transfers received, total | FA315400005 | 16.2 | 19.1 | 22.5 | 19.7 | 19.6 | 20.5 | 21.0 | 23.3 | 25.0 | 36 |
| Federal government; capital transfers received, estate and gift taxes paid by persons | FA315400053 | 16.2 | 19.1 | 22.5 | 19.7 | 19.6 | 20.5 | 21.0 | 23.3 | 25.0 | 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 | 73.9 | 82.7 | 84.5 | 84.5 | 82.8 | 81.2 | 84.1 | 92.2 | 80.5 | 39 |
| State and local governments; capital transfers received, disaster-related insurance benefits | FA215400073 | 0.0 | 0.0 | 3.2 | 0.0 | 0.0 | 0.0 | 0.0 | 12.9 | 0.0 | 40 |
| State and local governments; capital transfers received, estate and gift taxes paid by persons | FA215400053 | 5.6 | 5.7 | 6.5 | 5.7 | 5.8 | 6.2 | 6.4 | 6.6 | 6.7 | 41 |
| State and local governments; capital transfers received, investment grants from federal government | FA215400033 | 68.3 | 76.0 | 74.8 | 78.8 | 77.0 | 75.0 | 77.7 | 72.8 | 73.7 | 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 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 43 |
| Households and nonprofit organizations; capital transfers received | FA155400005 | 6.3 | 22.3 | 70.7 | 8.5 | 7.9 | 207.6 | 7.9 | 58.7 | 8.7 | 44 |
| Households and nonprofit organizations; capital transfers received, disaster-related insurance benefits | FA155400073 | 0.0 | 0.0 | 12.7 | 0.0 | 0.0 | 0.0 | 0.0 | 50.9 | 0.0 | 45 |
| Households and nonprofit organizations; capital transfers received, other | FA155400003 | 6.3 | 22.3 | 58.0 | 8.5 | 7.9 | 207.6 | 7.9 | 7.9 | 8.7 | 46 |
| Rest of the world; capital transfers received | FA265400005 | 6.8 | 6.1 | 7.4 | 4.0 | 4.8 | 14.4 | 3.8 | 3.5 | 7.7 | 47 |
| Rest of the world; capital transfers received from U.S. government | FA265400033 | 6.8 | 6.1 | 7.4 | 4.0 | 4.8 | 14.4 | 3.8 | 3.5 | 7.7 | 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 | -12.4 | 13.6 | 7.7 | -0.8 | -0.7 | -0.6 | -0.5 | 32.1 | -0.3 | 51 |
| Domestic financial sectors; net capital transfers paid | FA795440005 | 0.0 | 0.0 | 22.7 | 0.0 | 0.0 | 0.0 | 0.0 | 90.6 | 0.0 | 52 |
| Property-casualty insurance companies; net capital transfers paid | FA515440005 | 0.0 | 0.0 | 22.7 | 0.0 | 0.0 | 0.0 | 0.0 | 90.6 | 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 | -12.4 | 13.6 | -9.8 | -0.8 | -0.7 | -0.6 | -0.5 | -37.8 | -0.3 | 61 |
| Nonfinancial noncorporate business; net capital transfers paid | FA115440005 | 0.0 | 0.0 | -5.2 | 0.0 | 0.0 | 0.0 | 0.0 | -20.7 | 0.0 | 62 |
| General government; net capital transfers paid | FA365440005 | 3.8 | -10.0 | 37.7 | -12.1 | -12.0 | 196.0 | -15.2 | -15.0 | -15.0 | 63 |
| Federal government; net capital transfers paid | FA315440005 | 77.8 | 72.6 | 122.2 | 72.4 | 70.8 | 277.2 | 68.9 | 77.3 | 65.5 | 64 |
| State and local governments; net capital transfers paid | FA215440005 | -73.9 | -82.7 | -84.5 | -84.5 | -82.8 | -81.2 | -84.1 | -92.2 | -80.5 | 65 |
| Households and nonprofit organizations; net capital transfers paid | FA155440005 | 15.4 | 2.5 | -41.8 | 16.9 | 17.5 | -181.0 | 19.5 | -28.8 | 23.0 | 66 |
| Rest of the world; net capital transfers paid | FA265440005 | -6.8 | -6.1 | -3.6 | -4.0 | -4.8 | -14.4 | -3.8 | 11.7 | -7.7 | 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 10, 2022