F.5 Net Capital Transfers (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2020 2021 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 Line
All sectors; capital transfers paid FA895410005 132.2 210.7 350.8 121.1 244.3 126.7 127.1 602.8 398.2 1
Domestic business; capital transfers paid FA825410005 14.5 23.7 0.0 0.0 94.8 0.0 0.0 104.0 105.8 2
Domestic financial sectors; capital transfers paid FA795410005 0.0 23.7 0.0 0.0 94.8 0.0 0.0 0.0 105.8 3
Property-casualty insurance companies; capital transfers paid, disaster-related insurance benefits FA515410073 0.0 23.7 0.0 0.0 94.8 0.0 0.0 0.0 98.9 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 6.8 5
Nonfinancial corporate business; capital transfers paid (includes disaster-related payments by BP to state and local governments) FA105410003 14.5 0.0 0.0 0.0 0.0 0.0 0.0 104.0 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 92.4 148.5 319.3 87.2 98.4 89.1 89.1 460.7 216.4 8
Federal government; capital transfers paid FA315410005 92.4 148.5 319.3 87.2 98.4 89.1 89.1 460.7 206.4 9
State and local governments; capital transfers received, investment grants from federal government FA215400033 76.6 72.6 73.7 75.1 69.3 72.5 72.5 436.4 140.3 10
Federal government; capital transfers paid, disaster-related insurance benefits FA315410073 0.0 4.0 0.0 0.0 16.0 0.0 0.0 0.0 40.0 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 0.9 0.5 0.6 0.5 0.4 0.3 0.4 0.3 0.3 13
Federal government; other capital transfers paid to households FA315410053 8.8 64.1 231.1 7.8 9.1 8.5 8.5 8.5 10.0 14
Federal government; capital transfers paid to the rest of the world FA315410063 6.2 7.3 13.9 3.8 3.6 7.8 7.7 15.5 15.8 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 10.0 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 10.0 17
Households and nonprofit organizations; capital transfers paid; estate and gift taxes FA155410035 25.3 34.7 31.5 33.9 35.9 37.6 38.0 38.1 39.8 18
Federal government; capital transfers received, estate and gift taxes paid by persons FA315400053 19.1 27.5 24.5 26.7 28.5 30.1 30.8 30.9 32.4 19
State and local governments; capital transfers received, estate and gift taxes paid by persons FA215400053 6.1 7.2 6.9 7.2 7.4 7.5 7.1 7.2 7.3 20
Rest of the world; capital transfers paid FA265410005 0.0 3.8 0.0 0.0 15.2 0.0 0.0 0.0 36.3 21
Rest of the world; capital transfers paid, disaster-related insurance benefits FA265410073 0.0 3.8 0.0 0.0 15.2 0.0 0.0 0.0 36.3 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 132.2 210.7 350.8 121.1 244.3 126.7 127.1 602.8 398.2 24
Domestic business; capital transfers received FA825400005 0.9 16.0 0.6 0.5 62.7 0.3 0.4 0.3 75.0 25
Domestic financial sectors; capital transfers received FA795400005 0.0 1.0 0.0 0.0 4.2 0.0 0.0 0.0 3.9 26
Property-casualty insurance companies; capital transfers received, disaster-related insurance benefits FA515400073 0.0 1.0 0.0 0.0 4.2 0.0 0.0 0.0 3.9 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 0.9 9.8 0.6 0.5 37.9 0.3 0.4 0.3 35.2 29
Nonfinancial corporate business; capital transfers received, disaster-related insurance benefits FA105400073 0.0 9.4 0.0 0.0 37.4 0.0 0.0 0.0 34.9 30
Nonfinancial corporate business; capital transfers received, other FA105400003 0.9 0.5 0.6 0.5 0.4 0.3 0.4 0.3 0.3 31
Nonfinancial noncorporate business; capital transfers received FA115400005 0.0 5.2 0.0 0.0 20.7 0.0 0.0 0.0 36.0 32
Nonfinancial noncorporate business; capital transfers received, disaster-related insurance benefits FA115400075 0.0 5.2 0.0 0.0 20.7 0.0 0.0 0.0 36.0 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 102.8 110.6 105.1 109.0 118.1 110.1 110.5 578.0 190.9 35
Federal government; capital transfers received, total FA315400005 19.1 27.5 24.5 26.7 28.5 30.1 30.8 30.9 32.4 36
Federal government; capital transfers received, estate and gift taxes paid by persons FA315400053 19.1 27.5 24.5 26.7 28.5 30.1 30.8 30.9 32.4 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 83.7 83.1 80.6 82.2 89.6 79.9 79.7 547.1 158.5 39
State and local governments; capital transfers received, disaster-related insurance benefits FA215400073 0.0 3.2 0.0 0.0 12.9 0.0 0.0 0.0 10.9 40
State and local governments; capital transfers received, estate and gift taxes paid by persons FA215400053 6.1 7.2 6.9 7.2 7.4 7.5 7.1 7.2 7.3 41
State and local governments; capital transfers received, investment grants from federal government FA215400033 76.6 72.6 73.7 75.1 69.3 72.5 72.5 436.4 140.3 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 1.0 0.0 0.0 0.0 0.0 0.0 0.0 103.5 0.0 43
Households and nonprofit organizations; capital transfers received FA155400005 22.3 76.8 231.1 7.8 59.9 8.5 8.5 8.5 116.4 44
Households and nonprofit organizations; capital transfers received, disaster-related insurance benefits FA155400073 0.0 12.7 0.0 0.0 50.9 0.0 0.0 0.0 99.6 45
Households and nonprofit organizations; capital transfers received, other FA155400003 22.3 64.1 231.1 7.8 9.1 8.5 8.5 8.5 16.8 46
Rest of the world; capital transfers received FA265400005 6.2 7.3 13.9 3.8 3.6 7.8 7.7 16.0 15.8 47
Rest of the world; capital transfers received from U.S. government FA265400033 6.2 7.3 13.9 3.8 3.6 7.8 7.7 15.5 15.8 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 0.5 0.0 50
Domestic business; net capital transfers paid FA825440005 13.6 7.7 -0.6 -0.5 32.1 -0.3 -0.4 103.7 30.7 51
Domestic financial sectors; net capital transfers paid FA795440005 0.0 22.7 0.0 0.0 90.6 0.0 0.0 0.0 101.9 52
Property-casualty insurance companies; net capital transfers paid FA515440005 0.0 22.7 0.0 0.0 90.6 0.0 0.0 0.0 95.1 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 6.8 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
Holding companies; capital transfers paid, tax on foreign earnings retained abroad FA735410003 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 13.6 -9.8 -0.6 -0.5 -37.9 -0.3 -0.4 103.7 -35.2 61
Nonfinancial noncorporate business; net capital transfers paid FA115440005 0.0 -5.2 0.0 0.0 -20.7 0.0 0.0 0.0 -36.0 62
General government; net capital transfers paid FA365440005 -10.4 37.9 214.2 -21.8 -19.7 -21.0 -21.4 -117.3 25.5 63
Federal government; net capital transfers paid FA315440005 73.3 121.0 294.8 60.5 69.9 59.0 58.3 429.8 174.0 64
State and local governments; net capital transfers paid FA215440005 -83.7 -83.1 -80.6 -82.2 -89.6 -79.9 -79.7 -547.1 -148.5 65
Households and nonprofit organizations; net capital transfers paid FA155440005 3.0 -42.1 -199.7 26.1 -24.1 29.1 29.5 29.6 -76.6 66
Rest of the world; net capital transfers paid FA265440005 -6.2 -3.5 -13.9 -3.8 11.6 -7.8 -7.7 -16.0 20.4 67

NOTES

  1. This table is based on NIPA table 5.11 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
  2. 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: December 9, 2022