Financial Accounts of the United States - Z.1
F.5 Net Capital Transfers (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
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| Description | Series code | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; capital transfers paid | FA895410005 | 340.1 | 327.5 | 288.9 | 429.3 | 385.3 | 206.7 | 223.1 | 206.1 | 275.7 | 1 |
| Domestic business; capital transfers paid | FA825410005 | 68.7 | 0 | 0 | 0 | 0 | 0 | 24 | 0 | 42.3 | 2 |
| Domestic financial sectors; capital transfers paid | FA795410005 | 29.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.3 | 3 |
| Property-casualty insurance companies; capital transfers paid, disaster-related insurance benefits | FA515410073 | 25.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.3 | 4 |
| Domestic financial sectors; capital transfers paid, other than for disasters | FA795410003 | 3.7 | 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 | 39.5 | 0 | 0 | 0 | 0 | 0 | 24 | 0 | 0 | 6 |
| Nonfinancial noncorporate business; capital transfers paid | FA115410003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| General government; capital transfers paid | FA365410005 | 222.1 | 284.8 | 246.5 | 385 | 343 | 164.7 | 159.8 | 167.3 | 190.2 | 8 |
| Federal government; capital transfers paid | FA315410005 | 219.6 | 284.8 | 246.5 | 385 | 343 | 164.7 | 159.8 | 167.3 | 186.2 | 9 |
| State and local governments; capital transfers received, investment grants from federal government | FA215400033 | 182.3 | 88.5 | 81 | 89.1 | 92.8 | 90.9 | 93 | 95.4 | 100.4 | 10 |
| Federal government; capital transfers paid, disaster-related insurance benefits | FA315410073 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 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 | 12 |
| Federal government; other capital transfers paid to business | FA315410043 | 9.2 | 46.6 | 144.5 | 16.7 | 24.2 | 1 | 1.1 | 1.1 | 1.1 | 13 |
| Federal government; other capital transfers paid to households | FA315410053 | 9.4 | 143.1 | 10.6 | 274.6 | 221.5 | 65.6 | 58 | 64.4 | 48.9 | 14 |
| Federal government; capital transfers paid to the rest of the world | FA315410063 | 8.8 | 6.7 | 10.4 | 4.6 | 4.5 | 7.2 | 7.6 | 6.4 | 13.7 | 15 |
| State and local governments; capital transfers paid, disaster-related insurance benefits | FA215410073 | 2.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 16 |
| State and local governments; capital transfers paid, disaster-related insurance benefits | FA215410073 | 2.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 17 |
| Households and nonprofit organizations; capital transfers paid; estate and gift taxes | FA155410035 | 40.9 | 42.7 | 42.4 | 44.3 | 42.4 | 41.9 | 39.3 | 38.8 | 36.7 | 18 |
| Federal government; capital transfers received, estate and gift taxes paid by persons | FA315400053 | 32.8 | 34.9 | 34.2 | 36.2 | 34.6 | 34.5 | 32.3 | 32.1 | 30.1 | 19 |
| State and local governments; capital transfers received, estate and gift taxes paid by persons | FA215400053 | 8.1 | 7.8 | 8.2 | 8 | 7.8 | 7.4 | 7 | 6.7 | 6.6 | 20 |
| Rest of the world; capital transfers paid | FA265410005 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.5 | 21 |
| Rest of the world; capital transfers paid, disaster-related insurance benefits | FA265410073 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.5 | 22 |
| Rest of the world; capital transfers paid, other than for disasters | FA265410003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 |
| All sectors; capital transfers received | FA895400005 | 340.1 | 327.5 | 288.9 | 429.3 | 385.3 | 206.7 | 223.1 | 206.1 | 275.7 | 24 |
| Domestic business; capital transfers received | FA825400005 | 27.9 | 46.6 | 144.5 | 16.7 | 24.2 | 1 | 1.1 | 1.1 | 31.4 | 25 |
| Domestic financial sectors; capital transfers received | FA795400005 | 8.5 | 45.9 | 144 | 16 | 23.6 | 0 | 0 | 0 | 1.5 | 26 |
| Property-casualty insurance companies; capital transfers received, disaster-related insurance benefits | FA515400073 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 27 |
| Domestic financial sectors; capital transfers received, other | FA795400003 | 7.6 | 45.9 | 144 | 16 | 23.6 | 0 | 0 | 0 | 0 | 28 |
| Nonfinancial corporate business; capital transfers received | FA105400005 | 9.3 | 0.7 | 0.5 | 0.7 | 0.6 | 1 | 1.1 | 1.1 | 15 | 29 |
| Nonfinancial corporate business; capital transfers received, disaster-related insurance benefits | FA105400073 | 8.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.9 | 30 |
| Nonfinancial corporate business; capital transfers received, other | FA105400003 | 0.6 | 0.7 | 0.5 | 0.7 | 0.6 | 1 | 1.1 | 1.1 | 1.1 | 31 |
| Nonfinancial noncorporate business; capital transfers received | FA115400005 | 10.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.8 | 32 |
| Nonfinancial noncorporate business; capital transfers received, disaster-related insurance benefits | FA115400075 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.8 | 33 |
| Nonfinancial noncorporate business; capital transfers received, other | FA115400003 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34 |
| General government; capital transfers received | FA365400005 | 265.2 | 131.2 | 123.4 | 133.4 | 135.1 | 132.8 | 132.3 | 134.2 | 141.3 | 35 |
| Federal government; capital transfers received, total | FA315400005 | 32.8 | 34.9 | 34.2 | 36.2 | 34.6 | 34.5 | 32.3 | 32.1 | 30.1 | 36 |
| Federal government; capital transfers received, estate and gift taxes paid by persons | FA315400053 | 32.8 | 34.9 | 34.2 | 36.2 | 34.6 | 34.5 | 32.3 | 32.1 | 30.1 | 37 |
| Federal government; capital transfers received, other | FA315400003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38 |
| State and local governments; capital transfers received | FA215400005 | 232.4 | 96.3 | 89.2 | 97.1 | 100.5 | 98.3 | 100 | 102.1 | 111.1 | 39 |
| State and local governments; capital transfers received, disaster-related insurance benefits | FA215400073 | 2.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.1 | 40 |
| State and local governments; capital transfers received, estate and gift taxes paid by persons | FA215400053 | 8.1 | 7.8 | 8.2 | 8 | 7.8 | 7.4 | 7 | 6.7 | 6.6 | 41 |
| State and local governments; capital transfers received, investment grants from federal government | FA215400033 | 182.3 | 88.5 | 81 | 89.1 | 92.8 | 90.9 | 93 | 95.4 | 100.4 | 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 | 39.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43 |
| Households and nonprofit organizations; capital transfers received | FA155400005 | 38 | 143.1 | 10.6 | 274.6 | 221.5 | 65.6 | 82.1 | 64.4 | 89.3 | 44 |
| Households and nonprofit organizations; capital transfers received, disaster-related insurance benefits | FA155400073 | 24.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.4 | 45 |
| Households and nonprofit organizations; capital transfers received, other | FA155400003 | 13.1 | 143.1 | 10.6 | 274.6 | 221.5 | 65.6 | 82.1 | 64.4 | 48.9 | 46 |
| Rest of the world; capital transfers received | FA265400005 | 9 | 6.7 | 10.4 | 4.6 | 4.5 | 7.2 | 7.6 | 6.4 | 13.7 | 47 |
| Rest of the world; capital transfers received from U.S. government | FA265400033 | 8.8 | 6.7 | 10.4 | 4.6 | 4.5 | 7.2 | 7.6 | 6.4 | 13.7 | 48 |
| Rest of the world; capital transfers received, disaster-related insurance benefits | FA265400073 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49 |
| Rest of the world; capital transfers received, other | FA265400003 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 |
| Domestic business; net capital transfers paid | FA825440005 | 40.8 | -46.6 | -144.5 | -16.7 | -24.2 | -1 | 22.9 | -1.1 | 10.9 | 51 |
| Domestic financial sectors; net capital transfers paid | FA795440005 | 20.7 | -45.9 | -144 | -16 | -23.6 | 0 | 0 | 0 | 40.7 | 52 |
| Property-casualty insurance companies; net capital transfers paid | FA515440005 | 24.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.7 | 53 |
| Life insurance companies; capital transfers paid, tax on foreign earnings retained abroad | FA545410003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54 |
| U.S.-chartered depository institutions; net capital transfers paid | FA765440005 | 3.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55 |
| Private defined benefit pension funds; net capital transfers paid, other | FA575440043 | -7.6 | -45.9 | -144 | -16 | -23.6 | 0 | 0 | 0 | 0 | 56 |
| Government-sponsored enterprises; capital transfers received from the federal government | FA405400033 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57 |
| Finance companies; capital transfers paid, tax on foreign earnings retained abroad | FA615410003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58 |
| Holding companies; capital transfers paid, tax on foreign earnings retained abroad | FA735410003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59 |
| 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 | 60 |
| 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 | 61 |
| Nonfinancial corporate business; net capital transfers paid | FA105440005 | 30.3 | -0.7 | -0.5 | -0.7 | -0.6 | -1 | 22.9 | -1.1 | -15 | 62 |
| Nonfinancial noncorporate business; net capital transfers paid | FA115440005 | -10.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14.8 | 63 |
| General government; net capital transfers paid | FA365440005 | -43.1 | 153.6 | 123.1 | 251.7 | 207.8 | 31.9 | 27.5 | 33.1 | 48.9 | 64 |
| Federal government; net capital transfers paid | FA315440005 | 186.8 | 249.9 | 212.3 | 348.8 | 308.4 | 130.2 | 127.5 | 135.2 | 156 | 65 |
| State and local governments; net capital transfers paid | FA215440005 | -229.9 | -96.3 | -89.2 | -97.1 | -100.5 | -98.3 | -100 | -102.1 | -107.1 | 66 |
| Households and nonprofit organizations; net capital transfers paid | FA155440005 | 2.9 | -100.3 | 31.8 | -230.4 | -179.1 | -23.7 | -42.8 | -25.6 | -52.6 | 67 |
| Rest of the world; net capital transfers paid | FA265440005 | -0.7 | -6.7 | -10.4 | -4.6 | -4.5 | -7.2 | -7.6 | -6.4 | -7.2 | 68 |
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: December 12, 2024