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FFA Coded Tables, December 10, 2015 143

S.1.a Total Economy - Current Account

Billions of dollars

2011 2012 2013 2014

 

 1 FA896902505 Gross value added 15556.3 16358.5 16840.8 17560.1 1

 (income approach)

 2 FA886300091 Less: Consumption of fixed capital 2450.6 2534.2 2632.8 2746.7 2

 3 FA896902601 Equals: Net value added 13105.6 13824.3 14208.0 14813.4 3

 4 FA896025001 Compensation of employees (paid) 8277.1 8618.5 8848.7 9258.4 4

 5 FA896020001 Wages and salaries 6641.2 6938.9 7123.5 7487.2 5

 6 FA896401001 Employers’ social contributions 1635.9 1679.6 1725.3 1771.2 6

 7 FA896240101 Taxes on production and imports less subsidies 1042.6 1074.0 1118.6 1155.8 7

 8 FA896402101 Operating surplus, net 3785.9 4131.7 4240.6 4399.2 8

 9 FA266904095 Plus: Income receipts from the rest of the world 792.6 801.5 826.2 854.3 9

10 FA266904195 Less: Income payments to the rest of the world 546.0 563.9 575.8 591.2 10

11 FA896140001 Equals: Net national income/Balance of primary incomes, net 13352.3 14061.9 14458.3 15076.5 11

12 FA896402101 Operating surplus, net 3785.9 4131.7 4240.6 4399.2 12

13 FA156025105 Compensation of employees (received) 8269.0 8609.9 8839.7 9248.9 13

14 FA156020101 Wages and salaries 6633.2 6930.3 7114.4 7477.8 14

15 FA156401101 Employers’ social contributions 1635.9 1679.6 1725.3 1771.2 15

16 FA896240001 Taxes on production and imports, receivable 1102.6 1132.1 1178.0 1213.7 16

17 FA366402015 Subsidies paid -60.1 -58.0 -59.4 -57.9 17

18 FA896150105 Property income (received) 6011.3 6248.7 6324.1 6436.2 18

19 FA896130101 Interest 3233.2 3179.8 3054.8 3072.0 19

20 FA896120105 Distributed income of corporations 2410.7 2727.7 2894.3 2958.7 20

21 FA896121101 Dividends 1118.0 1326.0 1449.3 1444.4 21

22 FA156122101 Withdrawals from income of quasi-corporations 1292.8 1401.7 1445.0 1514.3 22

23 FA893092201 Reinvested earnings on U.S. direct investment abroad 345.7 318.7 353.3 381.7 23

24 FA896112101 Rents on land and natural resources 21.7 22.5 21.7 23.8 24

25 FA896150005 Less: Uses of property income (paid) 5756.6 6002.5 6064.7 6163.6 25

26 FA896130001 Interest 3400.4 3343.9 3210.1 3217.7 26

27 FA896120005 Distributed income of corporations 2255.8 2548.4 2748.0 2823.0 27

28 FA896121001 Dividends 963.1 1146.7 1303.0 1308.8 28

29 FA896122001 Withdrawals from income of quasi-corporations 1292.8 1401.7 1445.0 1514.3 29

30 FA893192201 Reinvested earnings on foreign direct investment 78.7 87.6 84.9 99.1 30

31 FA896112001 Rents on land and natural resources 21.7 22.5 21.7 23.8 31

32 FA896140001 Net national income/Balance of primary incomes, net 13352.3 14061.9 14458.3 15076.5 32

33 FA896220001 Plus: Current taxes on income, wealth, etc. (received) 1819.5 1945.2 2126.8 2278.2 33

34 FA896220005 Less: Current taxes on income, wealth, etc. (paid) 1832.3 1959.0 2141.7 2294.1 34

35 FA896404105 Plus: Social benefits (received) 3232.4 3279.8 3497.4 3651.2 35

36 FA896404005 Less: Social contributions (paid) 3245.1 3293.1 3511.1 3665.6 36

37 FA896403105 Plus: Other current transfers (received) 699.4 656.8 683.5 744.1 37

38 FA896403005 Less: Other current transfers (paid) 822.1 769.7 792.6 848.0 38

39 FA896012005 Equals: Disposable income, net 13204.1 13921.8 14320.6 14942.3 39

40 FA896901001 Less: Final consumption expenditures 13220.2 13594.8 13914.3 14422.2 40

41 FA896006001 Equals: Net saving -16.1 327.0 406.3 520.1 41

 Addendum:

42 FA896902505 Gross value added (line 1) 15556.3 16358.5 16840.8 17560.1 42

43 FA087005995 Plus statistical discrepancy (NIPA) -38.3 -203.3 -177.6 -212.0 43

44 FA086902005 Equals: GDP (NIPA, expenditure approach) 15517.9 16155.3 16663.2 17348.1 44

45 FA086902203 Average of GDP and GDI 15537.1 16256.9 16752.0 17454.1 45

46 FA087005086 Statistical discrepancy as a percentage of GDP -0.2 -1.3 -1.1 -1.2 46
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144 FFA Coded Tables, December 10, 2015

S.2.a Selected Aggregates for Total Economy and Sectors 

Billions of dollars

2011 2012 2013 2014

 

 1 FA896902505 Gross value added 15556.3 16358.5 16840.8 17560.1 1

 2 FA156902505 Households and nonprofit institutions serving households 1974.4 2029.4 2086.4 2172.3 2

 3 FA116902505 Nonfinancial noncorporate business 2751.6 2909.8 3015.6 3146.9 3

 4 FA106902501 Nonfinancial corporate business 7592.3 8011.9 8316.8 8641.0 4

 5 FA796902505 Financial business 1045.8 1187.3 1173.3 1301.6 5

 6 FA316902505 Federal government 720.9 723.7 715.1 723.9 6

 7 FA206902505 State and local government 1471.4 1496.5 1533.6 1574.5 7

 8 FA896006001 Net saving -16.1 327.0 406.3 520.1 8

 9 FA156006005 Households and nonprofit institutions serving households 710.1 946.7 589.9 620.2 9

10 FA106012095 Nonfinancial corporate business 584.2 556.3 650.7 618.5 10

11 FA796012095 Financial business 149.7 134.8 -6.3 80.5 11

12 FA316006085 Federal government -1244.1 -1090.1 -640.9 -631.5 12

13 FA206006095 State and local government -215.9 -220.8 -187.1 -167.7 13

 Net capital transfers

14 FA155440005 Households and nonprofit institutions serving households 2.0 -5.1 19.8 9.3 14

15 FA115440005 Nonfinancial noncorporate business -1.6 -4.9 -0.0 0.0 15

16 FA105440005 Nonfinancial corporate business -6.4 -17.0 -5.7 -6.7 16

17 FA795440005 Financial business -32.4 9.6 0.0 10.0 17

18 FA315440005 Federal government 113.9 85.0 58.1 58.8 18

19 FA205440005 State and local government -73.8 -74.2 -71.4 -71.0 19

20 FA265440005 Rest of the world -1.6 6.5 -0.8 -0.4 20

21 FA885019005 Gross fixed capital formation 2836.0 3064.3 3185.5 3378.7 21

22 FA155019005 Households and nonprofit institutions serving households 451.9 505.3 558.4 596.2 22

23 FA115019085 Nonfinancial noncorporate business 274.8 312.6 330.8 353.7 23

24 FA105019085 Nonfinancial corporate business 1303.9 1439.9 1498.0 1610.4 24

25 FA795013005 Financial business (nonresidential) 167.5 192.1 206.1 222.6 25

26 FA315019003 Federal government 297.4 284.7 269.4 264.6 26

27 FA205019001 State and local government 340.5 329.7 322.9 331.3 27

28 FA886300095 Consumption of fixed capital 2450.6 2534.2 2632.8 2746.7 28

29 FA156300003 Households and nonprofit institutions serving households 398.2 404.6 427.2 454.8 29

30 FA116300001 Nonfinancial noncorporate business 265.0 273.0 284.5 297.5 30

31 FA106300083 Nonfinancial corporate business 1139.2 1186.2 1232.2 1285.7 31

32 FA796300081 Financial business (nonresidential) 168.6 174.2 182.7 192.0 32

33 FA316300003 Federal government 257.4 264.3 267.7 270.7 33

34 FA206300003 State and local government 222.2 231.9 238.5 246.1 34

35 FA145020005 Change in inventories 41.8 61.8 71.8 77.1 35

36 FA115020005 Nonfinancial noncorporate business 6.8 -4.0 16.6 13.9 36

37 FA105020005 Nonfinancial corporate business 34.9 65.8 55.2 63.2 37

38 FA885000985 Net lending (+) or net borrowing (-) (capital account) -444.8 -258.4 -219.0 -189.5 38

39 FA155000905 Households and nonprofit institutions serving households 662.3 858.9 447.1 477.8 39

40 FA115000905 Nonfinancial noncorporate business -15.1 -30.7 -62.8 -70.2 40

41 FA105000905 Nonfinancial corporate business 391.4 253.0 334.5 236.2 41

42 FA795000995 Financial business 183.3 107.4 -29.7 39.9 42

43 FA315000995 Federal government -1397.1 -1193.4 -698.3 -681.4 43

44 FA205000995 State and local government -269.6 -253.6 -209.7 -191.8 44

 Addendum:

45 FA087005995 Statistical discrepancy (NIPA) -38.3 -203.3 -177.6 -212.0 45

46 FA265000905 Rest of the world 483.2 461.7 396.6 401.6 46

47 FA885000005 Net lending (+) or net borrowing (-) (financial account) -637.8 -807.7 278.6 -122.0 47

48 FA155000005 Households and nonprofit institutions serving households 1384.9 1022.8 1015.9 744.3 48

49 FA115000005 Nonfinancial noncorporate business -15.1 -30.7 -62.8 -70.1 49

50 FA105000005 Nonfinancial corporate business -397.5 -479.0 63.9 -26.0 50

51 FA795000005 Financial business 73.2 82.3 177.7 32.8 51

52 FA315000005 Federal government -1352.4 -1123.2 -659.5 -625.2 52

53 FA215000005 State and local government -330.9 -280.0 -256.6 -177.7 53

 Addendum:

54 FA265000005 Rest of the world 416.7 462.8 373.4 323.8 54

 Total other volume changes

55 FV158090185 Households and nonprofit institutions serving households 714.5 622.4 1064.1 591.9 55

56 FV118090105 Nonfinancial noncorporate business 241.8 82.0 183.1 22.9 56

57 FV108090105 Nonfinancial corporate business -54.9 -221.2 442.8 519.3 57

58 FV798090185 Financial business -73.2 -379.6 -945.6 -381.9 58

59 FV318090185 Federal government 48.5 50.5 25.2 92.3 59

60 FV218090185 State and local government -66.5 249.4 577.2 274.5 60

61 FV268090185 Rest of the world -70.6 -4.6 -17.4 -77.8 61

 Holding gains/losses

62 FR158200095 Households and nonprofit institutions serving households -265.2 4590.5 8166.3 3561.8 62

63 FR112010005 Nonfinancial noncorporate business 385.6 697.6 1015.6 615.6 63

64 FR108200005 Nonfinancial corporate business 468.9 -1419.6 -3965.3 -1590.2 64

65 FR798200005 Financial business 292.6 -113.5 -4.3 -190.4 65

66 FR318200005 Federal government 36.4 45.3 67.6 56.6 66

67 FR218200005 State and local government 394.6 244.3 287.1 189.7 67

68 FR265000005 Rest of the world 876.2 -351.0 286.9 1012.0 68
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FFA Coded Tables, December 10, 2015 145

S.2.a Selected Aggregates for Total Economy and Sectors 

Billions of dollars

2011 2012 2013 2014

 

 Change in net worth

69 FC152090005 Households and nonprofit institutions serving households 1157.5 6164.7 9800.5 4764.5 69

70 FC112090205 Nonfinancial noncorporate business 628.3 784.7 1198.6 638.5 70

71 FC102090085 Nonfinancial corporate business 1004.5 -1067.4 -2866.0 -445.7 71

72 FC792090095 Financial business 401.5 -367.8 -956.1 -501.8 72

73 FC312090095 Federal government -1273.2 -1079.3 -606.3 -541.3 73

74 FC212090095 State and local government 186.0 347.1 748.5 367.5 74

75 FC262090095 Rest of the world 1288.7 106.1 666.1 1335.8 75

 Net worth

76 FL152090005 Households and nonprofit institutions serving households 63404.3 69569.0 79369.4 84133.9 76

77 FL112090205 Nonfinancial noncorporate business 7511.6 8296.2 9494.8 10133.3 77

78 FL102090085 Nonfinancial corporate business 2733.8 1666.3 -1199.7 -1645.4 78

79 FL792090095 Financial business 957.8 589.9 -366.2 -868.0 79

80 FL312090095 Federal government -9513.2 -10592.5 -11198.8 -11740.1 80

81 FL212090095 State and local government 6355.9 6703.1 7451.6 7819.1 81

82 FL262090095 Rest of the world 3580.1 3686.2 4352.3 5688.1 82
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146 FFA Coded Tables, December 10, 2015

S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA156902505 Gross value added 1974.4 2029.4 2086.4 2172.3 1

 2 FA156300003 Less: Consumption of fixed capital 398.2 404.6 427.2 454.8 2

 3 FA156902605 Equals: Net value added 1576.1 1624.8 1659.2 1717.6 3

 4 FA156025005 Compensation paid by households and NPISHs 723.9 759.2 780.3 810.0 4

 5 FA156020001 Wages and salaries 597.0 624.7 642.0 667.7 5

 6 FA156401001 Employers’ social contributions 126.9 134.4 138.3 142.2 6

 7 FA156240101 Taxes on production and imports less subsidies 154.9 156.0 158.0 160.2 7

 8 FA156402101 Operating surplus, net 697.2 709.6 720.9 747.4 8

 9 FA156140005 Net national income/Balance of primary incomes, net 11566.0 12269.0 12517.3 13076.8 9

10 FA156402101 Operating surplus, net 697.2 709.6 720.9 747.4 10

11 FA156025105 Compensation of employees (received) 8269.0 8609.9 8839.7 9248.9 11

12 FA156020101 Wages and salaries 6633.2 6930.3 7114.4 7477.8 12

13 FA156401101 Employers’ social contributions 1635.9 1679.6 1725.3 1771.2 13

14 FA156150105 Property income (received) 3207.9 3526.7 3506.8 3633.2 14

15 FA156130101 Interest 1232.9 1290.1 1272.7 1303.4 15

16 FA156120105 Distributed income of corporations 1975.0 2236.6 2234.1 2329.8 16

17 FA156121101 Dividends 682.2 834.9 789.0 815.5 17

18 FA156122101 Withdrawals from income of quasi-corporations (1) 1292.8 1401.7 1445.0 1514.3 18

19 FA156130001 Less: Uses of property income (interest paid) 608.2 577.3 550.1 552.6 19

20 FA156140005 Net national income/Balance of primary incomes, net 11566.0 12269.0 12517.3 13076.8 20

21 FA156220001 Less: Current taxes on income, wealth, etc. (paid) 1453.2 1511.4 1672.8 1780.2 21

22 FA156404105 Plus: Social benefits (received) 2310.2 2323.6 2385.5 2487.2 22

23 FA156600001 Less: Social contributions (paid) 917.8 951.6 1106.8 1159.0 23

24 FA156403101 Plus: Other current transfers (received) 50.2 42.7 41.2 42.0 24

25 FA156403001 Less: Other current transfers (paid) 156.1 175.0 182.1 180.7 25

26 FA156012095 Equals: Disposable income, net 11399.4 11997.3 11982.2 12486.1 26

27 FA156901001 Less: Final consumption expenditures 10689.3 11050.6 11392.3 11865.9 27

28 FA156006005 Equals: Net saving 710.1 946.7 589.9 620.2 28

 Capital account

29 FA156006315 Net saving less capital transfers 708.1 951.8 570.1 610.9 29

30 FA156006005 Net saving 710.1 946.7 589.9 620.2 30

31 FA155440005 Less: Capital transfers paid (net) 2.0 -5.1 19.8 9.3 31

32 FA155050905 Capital formation, net 45.8 92.9 123.0 133.1 32

33 FA155019005 Gross fixed capital formation, excluding consumer durables 451.9 505.3 558.4 596.2 33

34 FA155012005 Residential 321.1 367.9 424.6 456.6 34

35 FA165013005 Nonresidential (nonprofit organizations) 130.8 137.4 133.7 139.7 35

36 FA156300003 Less: Consumption of fixed capital 398.2 404.6 427.2 454.8 36

37 FA155420003 Acquisition of nonproduced nonfinancial assets -7.8 -7.9 -8.2 -8.4 37

38 FA155000905 Net lending (+) or borrowing (-), capital account (lines 29-32) 662.3 858.9 447.1 477.8 38

 Financial account

39 FA155000905 Net lending (+) or borrowing (-) (line 38) 662.3 858.9 447.1 477.8 39

40 FA154090005 Net acquisition of financial assets 1314.8 1287.7 1255.0 1166.9 40

41 FA154000005 Currency and deposits 659.8 581.0 334.3 569.5 41

42 FA153020005 Currency and transferable deposits 300.3 177.0 124.3 150.7 42

43 FA153030005 Time and savings deposits 369.3 411.9 207.7 425.2 43

44 FA153091003 Foreign deposits -9.9 -7.9 2.3 -6.4 44

45 FA313131003 Postal savings system deposits 0.0 0.0 0.0 0.0 45

46 FA154022005 Debt securities -210.7 -202.5 -606.1 -460.8 46

47 FA163069103 Open market paper -1.8 -0.6 -3.8 -0.1 47

48 FA153061105 Treasury securities -230.1 195.0 -146.1 -54.3 48

49 FA153061705 Agency- and GSE-backed securities (2) 40.6 -48.9 -45.8 -172.9 49

50 FA153062005 Municipal securities -65.8 -144.7 -53.9 -67.0 50

51 FA153063005 Corporate and foreign bonds 46.3 -203.3 -356.6 -166.5 51

52 FA154023005 Loans -5.0 12.8 50.2 55.1 52

53 FA154041005 Short term -5.9 30.7 57.1 46.1 53

54 FA153065005 Long term (mortgages) 0.9 -17.9 -7.0 9.0 54
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FFA Coded Tables, December 10, 2015 147

S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

2011 2012 2013 2014

 

55 FA153081005 Equity and investment fund shares 186.4 350.6 874.0 436.9 55

56 FA153064105 Corporate equities -282.0 -214.4 158.2 35.9 56

57 FA153064205 Mutual fund shares 257.3 471.9 514.5 419.8 57

58 FA153034005 Money market fund shares -21.1 2.5 28.2 -41.1 58

59 FA152090205 Equity in noncorporate business 231.5 90.5 173.1 22.3 59

60 FA153094305 Equity investment under Public-Private Inv. Program (3) 0.7 0.0 0.0 0.0 60

61 FA153052005 Insurance, pension and standardized guarantee schemes 684.4 545.9 602.7 566.3 61

62 FA153076005 Insurance receivables due from property-casualty insurance companies 27.6 -17.7 37.7 -8.4 62

63 FA153040005 Life insurance reserves 73.5 -26.6 19.2 45.3 63

64 FA153050005 Pension entitlements (4) 550.1 578.5 533.2 513.1 64

65 FA543195005 Non-life insurance reserves at life insurance companies 14.8 -1.8 0.4 5.8 65

66 FA313195105 Retiree Health Care Funds 18.5 13.3 12.2 10.4 66

67 FA154190005 Net incurrence of liabilities -70.0 264.9 239.1 422.6 67

68 FA163162003 Debt securities (municipals) -7.8 -14.5 -13.1 -4.8 68

69 FA154123005 Loans -63.1 274.8 248.2 423.1 69

70 FA154141005 Short term 16.3 346.4 243.4 371.8 70

71 FA153166000 Consumer credit 108.6 169.4 175.9 218.4 71

72 FA153168005 Depository institution loans n.e.c. -54.9 110.8 30.0 120.2 72

73 FA153169005 Other loans and advances -37.4 66.1 37.4 33.2 73

74 FA153165005 Long term (mortgages) -79.4 -71.6 4.8 51.2 74

75 FA543077073 Insurance, pension and standardized guarantee schemes -0.4 0.6 3.0 1.2 75

76 FA163170003 Other accounts payable (trade debt) 1.2 4.0 1.0 3.1 76

 Addendum:

77 FA155000005 Net lending (+) or borrowing (-), financial account (lines 40-67) 1384.9 1022.8 1015.9 744.3 77

 Other changes in volume account

78 FV158090185 Total other volume changes 714.5 622.4 1064.1 591.9 78

79 FU155111005 Net investment in consumer durable goods 119.0 167.1 181.5 202.2 79

80 FV152010005 Disaster losses 0.0 -20.9 0.0 0.0 80

81 FV158090085 Other volume changes -127.0 312.3 313.8 123.2 81

82 FU157005045 Less: Statistical discrepancy (lines 38-77) (5) -722.6 -164.0 -568.8 -266.5 82

 Revaluation account

83 FR152010085 Nonfinancial assets -120.5 1461.7 2254.9 1116.4 83

84 FR155035005 Real estate -142.9 1502.7 2345.2 1217.0 84

85 FR155111005 Consumer durable goods 17.7 -41.5 -92.6 -102.1 85

86 FR165015205 Equipment 2.5 -0.7 -0.1 1.0 86

87 FR165013765 Intellectual property products 2.2 1.2 2.4 0.6 87

88 FR158080095 Financial assets -144.7 3128.7 5911.4 2445.4 88

89 FR153064105 Corporate equities -146.3 1546.2 2985.9 1289.2 89

90 FR153064205 Mutual fund shares -214.1 423.5 956.1 280.4 90

91 FR152090205 Equity in noncorporate business 385.2 701.3 1019.7 615.2 91

92 FR153094305 Equity investment under Public-Private Inv. Program -0.2 -0.1 0.0 0.0 92

93 FR153052045 Insurance, pension and standardized guarantee schemes -169.4 457.7 949.8 260.5 93

94 FR158200095 Changes in net worth due to nominal holding gains/losses -265.2 4590.5 8166.3 3561.8 94

 Changes in balance sheet account

95 FC152090005 Change in net worth (lines 32+38+78+94) 1157.5 6164.7 9800.5 4764.5 95

 Balance sheet account (end of period)

96 FL152000005 Total assets 76975.2 83202.6 93154.4 98296.6 96

97 FL152010005 Nonfinancial assets 23445.0 25143.6 27700.8 29150.3 97

98 LM155035005 Real estate 18319.3 19877.0 22332.5 23666.5 98

99 FL155111005 Consumer durable goods 4723.3 4848.9 4937.8 5037.8 99

100 FL165015205 Equipment 293.0 301.8 309.1 320.0 100

101 FL165013765 Intellectual property products 109.4 115.9 121.5 125.9 101

102 FL154090005 Financial assets 53530.2 58058.9 65453.5 69146.3 102

103 FL154000005 Currency and deposits 7601.5 8124.0 8459.0 9091.4 103

104 FL153020005 Currency and transferable deposits 724.1 887.4 1011.8 1162.4 104

105 FL153091003 Foreign deposits 57.4 49.5 51.7 45.3 105

106 FL153030005 Time and savings deposits 6820.1 7187.1 7395.5 7883.6 106

107 FL313131003 Postal savings system deposits 0.0 0.0 0.0 0.0 107
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148 FFA Coded Tables, December 10, 2015

S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

2011 2012 2013 2014

 

108 FL154022005 Debt securities 4290.8 4146.7 3765.6 3279.1 108

109 FL163069103 Open market paper 19.4 18.8 15.0 14.9 109

110 FL153061105 Treasury securities 707.6 913.1 969.6 870.4 110

111 FL153061705 Agency- and GSE-backed securities (2) 356.3 296.6 293.0 96.2 111

112 FL153062005 Municipal securities 1805.6 1660.9 1607.1 1540.0 112

113 FL153063005 Corporate and foreign bonds 1401.9 1257.2 880.9 757.6 113

114 FL154023005 Loans 924.9 926.6 976.8 1031.9 114

115 FL154041005 Short term 824.0 843.6 900.7 946.8 115

116 FL153065005 Long term (mortgages) 100.9 83.0 76.1 85.1 116

117 FL153081005 Equity and investment fund shares 21335.7 24465.6 30305.6 32929.9 117

118 LM153064105 Corporate equities 8070.0 9401.8 12545.9 13871.1 118

119 LM153064205 Mutual fund shares 4628.1 5633.5 7104.1 7804.3 119

120 FL153034005 Money market fund shares 1109.9 1112.4 1140.5 1099.4 120

121 FL152090205 Equity in noncorporate business 7523.4 8313.5 9510.7 10150.8 121

122 FL153094305 Equity investment under Public-Private Inv. Program (3) 4.4 4.4 4.4 4.4 122

123 FL153052005 Insurance, pension and standardized guarantee schemes 19377.4 20396.2 21946.6 22814.0 123

124 FL153076005 Insurance receivables due from property-casualty insurance companies 338.4 320.7 358.4 350.0 124

125 FL153040005 Life insurance reserves 1199.3 1186.4 1233.0 1282.8 125

126 FL153050005 Pension entitlements (4) 17312.9 18350.6 19804.1 20614.0 126

127 FL543195005 Non-life insurance reserves at life insurance companies 305.5 303.7 304.2 310.0 127

128 FL313195105 Retiree Health Care Funds 221.4 234.8 246.9 257.3 128

129 FL152100005 Total liabilities and net worth 76975.2 83202.6 93154.4 98296.6 129

130 FL154190005 Liabilities 13570.9 13633.6 13784.9 14162.6 130

131 FL163162003 Debt securities (municipals) 255.5 241.0 227.8 223.1 131

132 FL154123005 Loans 13041.1 13113.7 13274.2 13652.3 132

133 FL154141005 Short term 3143.9 3428.6 3672.0 4043.8 133

134 FL153166000 Consumer credit 2755.4 2922.9 3098.8 3317.2 134

135 FL153168005 Depository institution loans n.e.c. 11.5 62.6 92.7 212.9 135

136 FL153169005 Other loans and advances 376.9 443.1 480.5 513.7 136

137 FL153165005 Long term (mortgages) 9897.2 9685.2 9602.2 9608.5 137

138 FL543077073 Insurance, pension and standardized guarantee schemes 24.3 24.9 27.9 29.1 138

139 FL163170003 Other accounts payable (trade debt) 250.0 254.0 255.0 258.1 139

140 FL152090005 Net worth 63404.3 69569.0 79369.4 84133.9 140

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).

(4) Includes variable annuities, including those in IRAs, at life insurance companies.

(5) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

NPISHs Nonprofit institutions serving households

n.e.c. Not elsewhere classified
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FFA Coded Tables, December 10, 2015 149

S.4.a Nonfinancial Noncorporate Business

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA116902505 Gross value added 2751.6 2909.8 3015.6 3146.9 1

 2 FA116300001 Less: Consumption of fixed capital 265.0 273.0 284.5 297.5 2

 3 FA116902605 Equals: Net value added 2486.6 2636.8 2731.1 2849.4 3

 4 FA116025001 Compensation of employees (paid) 845.9 892.6 919.6 971.8 4

 5 FA116020001 Wages and salaries 713.1 752.7 774.8 822.0 5

 6 FA116401005 Employers’ social contributions 132.8 139.9 144.8 149.8 6

 7 FA116240101 Taxes on production and imports less subsidies 158.7 167.5 175.8 180.6 7

 8 FA116402105 Operating surplus, net 1482.0 1576.7 1635.7 1697.1 8

 9 FA116140001 Net national income/Balance of primary incomes, net 25.5 27.3 29.3 26.6 9

10 FA116402105 Operating surplus, net 1482.0 1576.7 1635.7 1697.1 10

11 FA116130101 Property income (interest received) 9.1 10.6 9.6 12.1 11

12 FA116150005 Less: Uses of property income (paid) 1465.5 1560.1 1616.0 1682.6 12

13 FA116130001 Interest 226.9 226.1 219.1 219.7 13

14 FA116122001 Withdrawals from income of quasi-corporations (1) 1238.4 1333.8 1396.7 1462.6 14

15 FA113192281 Reinvested earnings on foreign direct investment 0.2 0.2 0.2 0.2 15

16 FA116112001 Rents on land and natural resources 0.0 0.0 0.0 0.0 16

17 FA116140001 Net national income/Balance of primary incomes, net 25.5 27.3 29.3 26.6 17

18 FA116403001 Less: Other current transfers (paid) 25.5 27.3 29.3 26.6 18

19 FA116012005 Equals: Disposable income, net 0.0 0.0 0.0 0.0 19

20 FA116012005 Equals: Net saving 0.0 0.0 0.0 0.0 20

 Capital account

21 FA116006305 Net saving less capital transfers 1.6 4.9 0.0 -0.0 21

22 FA116012005 Net saving 0.0 0.0 0.0 0.0 22

23 FA115440005 Less: Capital transfers paid (net) -1.6 -4.9 -0.0 0.0 23

24 FA115050985 Capital formation, net 16.7 35.6 62.9 70.2 24

25 FA115019085 Gross fixed capital formation 274.8 312.6 330.8 353.7 25

26 FA115013085 Nonresidential 214.6 243.7 252.8 268.1 26

27 FA115012005 Residential 60.2 68.9 78.0 85.6 27

28 FA116300001 Less: Consumption of fixed capital 265.0 273.0 284.5 297.5 28

29 FA115020005 Change in private inventories 6.8 -4.0 16.6 13.9 29

30 FA115000905 Net lending (+) or borrowing (-), capital account (lines 21-24) -15.1 -30.7 -62.8 -70.2 30

 Financial account

31 FA115000905 Net lending (+) or borrowing (-) (line 30) -15.1 -30.7 -62.8 -70.2 31

32 FA114090005 Net acquisition of financial assets 196.9 301.1 304.7 236.0 32

33 FA114000005 Currency and deposits 30.6 69.3 23.6 60.2 33

34 FA113020005 Currency and transferable deposits 24.6 59.3 12.0 34.7 34

35 FA113030003 Time and savings deposits 6.0 10.1 11.5 25.6 35

36 FA114022005 Debt securities 1.1 4.2 0.5 2.8 36

37 FA113061003 Treasury securities 0.8 4.0 2.2 2.6 37

38 FA113062003 Municipal securities 0.3 0.2 -1.7 0.2 38

39 FA114023005 Loans -5.8 -2.4 1.0 1.6 39

40 FA113066003 Short term (consumer credit) 0.0 0.0 0.0 0.0 40

41 FA113065005 Long term (mortgages) -5.8 -2.4 1.0 1.6 41

42 FA113081005 Equity and investment fund shares 1.1 3.2 2.6 4.6 42

43 FA113034003 Money market mutual fund shares 0.8 3.0 2.0 3.9 43

44 FA113092405 Equity in government-sponsored enterprises (2) 0.3 0.1 0.6 0.8 44

45 FA113076005 Insurance, pension and standardized guarantee schemes (3) -4.7 15.4 -26.0 12.9 45

46 FA113096005 Other accounts receivable 174.5 211.4 303.0 153.8 46

47 FA113070003 Trade receivables 61.0 4.6 48.8 30.5 47

48 FA113093005 Other (miscellaneous assets) 113.5 206.9 254.1 123.2 48

49 FA114190005 Net incurrence of liabilities 211.9 331.8 367.5 306.1 49

50 FA114123005 Loans -56.8 175.2 108.3 208.2 50

51 FA114141005 Short term -25.9 73.8 38.5 73.6 51

52 FA113168005 Depository institution loans n.e.c. -26.5 64.6 32.4 64.2 52

53 FA113169005 Other loans and advances 0.6 9.2 6.1 9.4 53

54 FA113165005 Long term (mortgages) -30.9 101.4 69.8 134.6 54
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150 FFA Coded Tables, December 10, 2015

S.4.a Nonfinancial Noncorporate Business

Billions of dollars

2011 2012 2013 2014

 

55 FA113181005 Equity and investment fund shares 234.4 84.2 179.2 21.2 55

56 FA112090205 Equity in noncorporate business 234.4 83.7 178.7 20.3 56

57 FA115114005 Foreign direct investment in the United States 0.0 0.4 0.6 0.8 57

58 FA113196005 Other accounts payable 34.4 72.4 80.0 76.8 58

59 FA113170005 Trade payables 54.8 13.1 35.0 34.1 59

60 FA113178003 Taxes payable 0.6 7.6 3.2 3.7 60

61 FA113193003 Other (miscellaneous liabilities) -21.0 51.8 41.8 39.0 61

 Addendum:

62 FA115000005 Net lending (+) or borrowing (-), financial account (lines 32-49) -15.1 -30.7 -62.8 -70.1 62

 Other changes in volume account

63 FV118090105 Total other volume changes 241.8 82.0 183.1 22.9 63

64 FV112010005 Disaster losses 0.0 -8.6 -0.0 0.0 64

65 FV118090085 Other volume changes 241.8 90.6 183.1 22.9 65

 Revaluation account

66 FR112010005 Nonfinancial assets 385.6 697.6 1015.6 615.6 66

67 FR115035005 Real estate 339.2 687.0 1025.7 607.2 67

68 FR115035023 Residential 206.4 386.4 570.8 274.2 68

69 FR115035035 Nonresidential 132.8 300.6 454.9 332.9 69

70 FR115015205 Equipment 16.5 6.5 5.1 5.0 70

71 FR115012265 Residential 1.0 -0.3 -2.1 -2.5 71

72 FR115013265 Nonresidential 15.6 6.8 7.2 7.5 72

73 FR115013765 Intellectual property products 2.3 2.2 3.6 1.2 73

74 FR115020005 Inventories 27.6 2.0 -18.8 2.3 74

75 FR115114005 Liabilities (direct investment in the U.S.) 0.8 -0.2 0.2 -0.0 75

76 FR118200005 Changes in net worth due to nominal holding gains/losses 384.9 697.7 1015.4 615.7 76

 Changes in balance sheet account

77 FC112090205 Change in net worth (lines 24+30+63+76) 628.3 784.7 1198.6 638.5 77

 Balance sheet account (end of period)

78 FL112000005 Total assets 13154.6 14180.3 15563.5 16485.3 78

79 FL112010005 Nonfinancial assets 9229.5 9954.1 11032.5 11718.3 79

80 LM115035005 Real estate 8000.8 8687.4 9725.9 10353.4 80

81 LM115035023 Residential (4) 4608.0 4980.5 5550.4 5827.7 81

82 LM115035035 Nonresidential 3392.8 3706.9 4175.4 4525.7 82

83 FL115015205 Equipment 740.7 772.6 804.9 838.2 83

84 FL115012265 Residential 43.9 44.4 43.5 42.3 84

85 FL115013265 Nonresidential 696.8 728.3 761.5 795.9 85

86 FL115013765 Intellectual property products 196.6 204.7 214.6 223.3 86

87 FL115020005 Inventories 291.3 289.3 287.1 303.3 87

88 FL114090005 Financial assets 3925.1 4226.3 4531.0 4767.0 88

89 FL114000005 Currency and deposits 918.5 987.8 1011.4 1071.6 89

90 FL113020005 Currency and transferable deposits 556.3 615.5 627.6 662.2 90

91 FL113030003 Time and savings deposits 362.2 372.3 383.8 409.4 91

92 FL114022005 Debt securities 54.8 59.0 59.5 62.3 92

93 FL113061003 Treasury securities 48.9 52.9 55.2 57.8 93

94 FL113062003 Municipal securities 5.9 6.1 4.4 4.6 94

95 FL114023005 Loans 36.3 33.9 34.8 36.5 95

96 FL113066003 Short term (consumer credit) 0.0 0.0 0.0 0.0 96

97 FL113065005 Long term (mortgages) 36.3 33.9 34.8 36.5 97

98 FL113081005 Equity and investment fund shares 84.7 87.8 90.4 95.1 98

99 FL113034003 Money market mutual fund shares 77.7 80.7 82.7 86.6 99

100 FL113092405 Equity in government-sponsored enterprises (2) 7.0 7.2 7.7 8.5 100

101 FL113076005 Insurance, pension and standardized guarantee schemes (3) 127.0 142.5 116.5 129.4 101

102 FL113096005 Other accounts receivable 2703.9 2915.3 3218.3 3372.0 102

103 FL113070003 Trade receivables 594.4 598.9 647.8 678.3 103

104 FL113093005 Other (miscellaneous assets) 2109.5 2316.4 2570.5 2693.7 104
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FFA Coded Tables, December 10, 2015 151

S.4.a Nonfinancial Noncorporate Business

Billions of dollars

2011 2012 2013 2014

 

105 FL112100005 Total liabilities and net worth 13154.6 14180.3 15563.5 16485.3 105

106 FL114190005 Liabilities 5643.0 5884.1 6068.7 6351.9 106

107 FL114123005 Loans 3886.6 4057.4 4161.2 4366.9 107

108 FL114141005 Short term 1072.3 1148.6 1187.0 1260.6 108

109 FL113168005 Depository institution loans n.e.c. 900.9 968.0 1000.4 1064.6 109

110 FL113169005 Other loans and advances 171.3 180.6 186.6 196.1 110

111 FL113165005 Long term (mortgages) 2814.3 2908.9 2974.2 3106.2 111

112 FL115114005 Equity and investment fund shares (direct investment in the U.S.) 6.1 6.3 7.1 7.9 112

113 FL113196005 Other accounts payable 1750.4 1820.4 1900.3 1977.2 113

114 FL113170005 Trade payables 482.7 493.3 528.3 562.4 114

115 FL113178003 Taxes payable 99.7 107.4 110.5 114.3 115

116 FL113193003 Other (miscellaneous liabilities) 1168.0 1219.7 1261.5 1300.5 116

117 FL112090205 Net worth 7511.6 8296.2 9494.8 10133.3 117

Notes. Nonfinancial noncorporate business includes noncorporate farms that are excluded from the nonfinancial noncorporate business sector in the Financial Accounts of the United States.

 Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) Net equity in reserves of property-casualty insurance companies.

(4) Farm houses are included in the household sector.

n.e.c. Not elsewhere classified
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152 FFA Coded Tables, December 10, 2015

S.5.a Nonfinancial Corporate Business

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA106902501 Gross value added 7592.3 8011.9 8316.8 8641.0 1

 2 FA106300083 Less: Consumption of fixed capital 1139.2 1186.2 1232.2 1285.7 2

 3 FA106902605 Equals: Net value added 6453.1 6825.7 7084.6 7355.2 3

 4 FA106025005 Compensation of employees (paid) 4363.4 4593.3 4747.4 4995.8 4

 5 FA106020001 Wages and salaries 3622.9 3826.4 3953.5 4178.9 5

 6 FA106401001 Employers’ social contributions 740.4 766.9 793.9 816.9 6

 7 FA106240101 Taxes on production and imports less subsidies 670.6 690.4 724.9 745.2 7

 8 FA106402101 Operating surplus, net 1419.1 1542.0 1612.3 1614.3 8

 9 FA106140005 Net national income/Balance of primary incomes, net 903.4 916.9 1030.4 1019.9 9

10 FA106402101 Operating surplus, net 1419.1 1542.0 1612.3 1614.3 10

11 FA106150105 Property income (received) 549.6 531.0 549.9 590.8 11

12 FA106130101 Interest 176.3 162.2 152.1 168.8 12

13 FA106121101 Distributed income of corporations (dividends) 94.8 106.9 105.5 103.1 13

14 FA103092201 Reinvested earnings on U.S. direct investment abroad 278.5 261.8 292.3 318.9 14

15 FA106150005 Less: Uses of property income (paid) 1065.3 1156.1 1131.8 1185.2 15

16 FA106130001 Interest 444.3 438.2 410.9 403.1 16

17 FA106121001 Distributed income of corporations (dividends) 535.8 624.8 630.7 676.9 17

18 FA103192201 Reinvested earnings on foreign direct investment 63.5 70.6 68.5 81.4 18

19 FA106112001 Rent 21.7 22.5 21.7 23.8 19

20 FA106140005 Net national income/Balance of primary incomes, net 903.4 916.9 1030.4 1019.9 20

21 FA106220001 Less: Current taxes on income, wealth, etc. (paid) 228.8 266.7 284.6 316.2 21

22 FA106403001 Less: Other current transfers (paid) 90.4 93.9 95.1 85.1 22

23 FA106012095 Equals: Disposable income, net 584.2 556.3 650.7 618.5 23

24 FA106012095 Equals: Net saving 584.2 556.3 650.7 618.5 24

 Capital account

25 FA106006385 Net saving less capital transfers 590.6 573.3 656.5 625.2 25

26 FA106012095 Net saving 584.2 556.3 650.7 618.5 26

27 FA105440005 Less: Capital transfers paid (net) -6.4 -17.0 -5.7 -6.7 27

28 FA105050985 Capital formation, net 199.1 320.3 322.0 389.0 28

 Gross fixed capital formation (acquisition of

29 FA105019085 produced nonfinancial assets) 1303.9 1439.9 1498.0 1610.4 29

30 FA106300083 Less: Consumption of fixed capital 1139.2 1186.2 1232.2 1285.7 30

31 FA105420095 Acquisition of nonproduced nonfinancial assets -0.5 0.8 1.0 1.2 31

32 FA105020005 Change in private inventories 34.9 65.8 55.2 63.2 32

33 FA105000905 Net lending (+) or borrowing (-), capital account (lines 25-28) 391.4 253.0 334.5 236.2 33

 Financial account

34 FA105000905 Net lending (+) or borrowing (-) (line 33) 391.4 253.0 334.5 236.2 34

35 FA104090005 Net acquisition of financial assets 496.8 506.3 1068.6 797.5 35

36 FA104000005 Currency and deposits 38.3 -11.7 154.1 15.6 36

37 FA103020005 Currency and transferable deposits 30.8 -45.5 73.4 28.3 37

38 FA103030003 Time and savings deposits 13.2 33.3 38.0 -6.0 38

39 FA103091003 Foreign deposits -5.8 0.6 42.7 -6.7 39

40 FA104022005 Debt securities -8.5 -12.5 -7.0 -10.0 40

41 FA103069100 Open market paper -0.1 -8.4 -6.3 1.0 41

42 FA103061103 Treasury securities -5.1 -3.5 3.3 -4.7 42

43 FA103061703 Agency- and GSE-backed securities (1) -1.7 -1.2 -2.9 2.4 43

44 FA103062003 Municipal securities -1.6 0.6 -1.1 -8.7 44

45 FA104035005 Loans 1.9 -3.3 -3.3 5.7 45

46 FA104041005 Short term (security repos and consumer credit) 2.4 -1.4 -5.1 3.8 46

47 FA103065003 Long term (mortgages) -0.6 -1.9 1.8 1.8 47

48 FA103081005 Equity and investment fund shares 364.0 377.2 360.7 361.7 48

49 FA103034003 Money market fund shares -35.4 57.1 39.7 21.0 49

50 FA103064203 Mutual fund shares -12.8 -1.7 1.2 15.5 50

51 FA103092005 U.S. direct investment abroad 403.9 319.2 305.0 311.0 51

52 FA103092405 Equity in government-sponsored enterprises (1) -0.0 0.0 0.0 0.1 52

53 FA103094105 Investment in finance company subsidiaries 8.4 2.6 14.7 14.1 53

54 FA103076005 Insurance, pension and standardized guarantee schemes (2) 12.3 8.0 -6.0 10.2 54
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FFA Coded Tables, December 10, 2015 153

S.5.a Nonfinancial Corporate Business

Billions of dollars

2011 2012 2013 2014

 

55 FA103096005 Other accounts receivable 88.9 148.5 570.2 414.4 55

56 FA103070005 Trade receivables 83.7 52.0 277.2 94.4 56

57 FA103093005 Other (miscellaneous assets) 5.2 96.5 293.0 320.0 57

58 FA104190005 Net incurrence of liabilities 894.3 985.3 1004.7 823.5 58

59 FA104122005 Debt securities 203.6 352.9 302.7 303.1 59

60 FA103169100 Open market paper 33.4 14.0 14.2 37.9 60

61 FA103162000 Municipal securities 8.5 15.2 9.3 -0.1 61

62 FA103163003 Corporate bonds 161.6 323.7 279.2 265.2 62

63 FA104123005 Loans 151.0 -40.4 143.8 190.9 63

64 FA104141005 Short term 212.3 67.9 116.8 175.3 64

65 FA103168005 Depository institution loans n.e.c. 152.1 101.5 63.7 92.8 65

66 FA103169005 Other loans and advances 60.2 -33.5 53.1 82.5 66

67 FA103165005 Long term (mortgages) -61.2 -108.3 27.0 15.6 67

68 FA103181005 Equity and investment fund shares -261.9 -156.6 -168.0 -290.4 68

69 FA103164103 Corporate equities -454.6 -344.9 -352.9 -387.5 69

70 FA103192005 Foreign direct investment in the United States 192.7 188.3 184.9 97.1 70

71 FA103152025 Insurance, pension and standardized guarantee schemes -16.5 -23.9 108.4 53.1 71

72 FA573074005 Pension fund contributions payable 3.0 -12.3 -2.5 -1.1 72

73 FA573073005 Claim of pension fund on sponsor -19.5 -11.6 110.9 54.2 73

74 FA103196005 Other accounts payable 818.1 853.3 617.8 566.8 74

75 FA103170005 Trade payables 25.2 65.4 106.7 100.8 75

76 FA103178000 Taxes payable 8.8 2.3 -9.1 0.1 76

77 FA103193005 Miscellaneous liabilities 784.1 785.7 520.1 466.0 77

 Addendum:

78 FA105000005 Net lending (+) or borrowing (-), financial account (lines 35-58) -397.5 -479.0 63.9 -26.0 78

 Other changes in volume account

79 FV108090105 Total other volume changes -54.9 -221.2 442.8 519.3 79

80 FV102010005 Disaster losses 0.0 -6.9 0.0 0.0 80

81 FV108090085 Other volume changes 665.8 503.6 716.6 778.6 81

82 FU107005045 Less: Statistical discrepancy (lines 33-78) (3) 789.0 732.0 270.5 262.2 82

83 FU105020601 Less: Inventory valuation adjustment -68.3 -14.2 3.2 -2.9 83

 Revaluation account

84 FR102010005 Nonfinancial assets 778.4 544.8 1388.4 1026.2 84

85 FR105035005 Real estate 640.3 500.9 1335.6 1002.3 85

86 FR105015205 Equipment 76.6 13.5 12.9 32.5 86

87 FR105013765 Intellectual property products 27.9 19.9 39.0 12.7 87

88 FR105020015 Inventories 33.7 10.5 0.9 -21.3 88

89 FR108080095 Financial assets -55.7 71.3 37.9 -57.8 89

90 FR103064203 Mutual fund shares -8.1 15.4 30.2 8.4 90

91 FR103092005 Direct investment abroad -47.6 56.0 7.6 -66.1 91

92 FR103181005 Liabilities 253.9 2035.7 5391.6 2558.7 92

93 FR103164103 Corporate equity 344.6 2037.6 5380.8 2508.4 93

94 FR103192005 Foreign direct investment in the United States -90.7 -1.9 10.8 50.3 94

95 FR108200005 Changes in net worth due to nominal holding gains/losses 468.9 -1419.6 -3965.3 -1590.2 95

 Changes in balance sheet account

96 FC102090085 Change in net worth (lines 28+33+79+95) (4) 1004.5 -1067.4 -2866.0 -445.7 96

 Balance sheet account (end of period)

97 FL102000005 Total assets 30504.3 31946.7 34888.0 37182.8 97

98 FL102010005 Nonfinancial assets (5) 15995.4 16858.3 18548.4 19956.8 98

99 LM105035005 Real estate 8231.0 8799.4 10205.8 11313.6 99

100 FL105015205 Equipment 4008.0 4139.4 4269.8 4442.8 100

101 FL105013765 Intellectual property products 1746.9 1819.4 1920.0 2002.7 101

102 FL105020015 Inventories 2009.6 2100.0 2152.9 2197.7 102

103 FL104090005 Financial assets 14508.9 15088.4 16339.6 17226.0 103

104 FL104000005 Currency and deposits 862.1 850.4 1004.4 1020.1 104

105 FL103020005 Currency and transferable deposits 265.3 219.8 293.1 321.4 105

106 FL103030003 Time and savings deposits 561.9 595.2 633.2 627.3 106

107 FL103091003 Foreign deposits 34.8 35.4 78.1 71.4 107
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154 FFA Coded Tables, December 10, 2015

S.5.a Nonfinancial Corporate Business

Billions of dollars

2011 2012 2013 2014

 

108 FL104022005 Debt securities 147.4 135.0 128.0 118.0 108

109 FL103069100 Open market paper 67.9 59.5 53.2 54.2 109

110 FL103061103 Treasury securities 43.0 39.4 42.8 38.0 110

111 FL103061703 Agency- and GSE-backed securities (1) 14.3 13.1 10.3 12.7 111

112 FL103062003 Municipal securities 22.3 22.9 21.8 13.1 112

113 FL104035005 Loans 86.9 83.7 80.4 86.1 113

114 FL104041005 Short term 59.5 58.1 53.1 56.9 114

115 FL102051003 Security repurchases 12.6 9.7 8.8 13.9 115

116 FL103066005 Consumer credit 46.9 48.4 44.2 43.0 116

117 FL103065003 Long term (mortgages) 27.4 25.5 27.4 29.2 117

118 FL103081005 Equity and investment fund shares 4457.1 4905.6 5304.2 5608.0 118

119 FL103034003 Money market fund shares 462.4 519.4 559.1 580.2 119

120 LM103064203 Mutual fund shares 165.9 179.6 211.0 234.9 120

121 FL103092005 U.S. direct investment abroad 3759.2 4134.4 4447.0 4691.8 121

122 FL103092405 Equity in government-sponsored enterprises (1) 0.5 0.6 0.6 0.7 122

123 FL103094105 Investment in finance company subsidiaries 69.1 71.7 86.4 100.5 123

124 FL103076005 Insurance, pension and standardized guarantee schemes (2) 331.0 339.0 333.0 343.2 124

125 FL103096005 Other accounts receivable 8624.4 8774.7 9489.6 10050.6 125

126 FL103070005 Trade receivables 2240.8 2292.8 2570.0 2664.4 126

127 FL103093005 Other (miscellaneous assets) 6383.6 6481.9 6919.6 7386.2 127

128 FL102100085 Total liabilities and net worth 30504.3 31946.7 34888.0 37182.8 128

129 FL104194005 Liabilities 27770.6 30280.3 36087.7 38828.2 129

130 FL104122005 Debt securities 4148.4 4501.4 4804.1 5107.2 130

131 FL103169100 Open market paper 116.3 130.3 144.5 182.4 131

132 FL103162000 Municipal securities 493.9 509.1 518.5 518.4 132

133 FL103163003 Corporate bonds 3538.2 3861.9 4141.1 4406.3 133

134 FL104123005 Loans 2219.3 2222.5 2339.3 2530.7 134

135 FL104141005 Short term 1637.6 1749.0 1838.9 2014.0 135

136 FL103168005 Depository institution loans n.e.c. 629.2 712.1 775.8 868.5 136

137 FL103169005 Other loans and advances 1008.3 1036.9 1063.1 1145.6 137

138 FL103165005 Long term (mortgages) 581.8 473.5 500.4 516.6 138

139 FL103181005 Equity and investment fund shares 16122.9 18002.0 23225.5 25493.8 139

140 LM103164103 Corporate equity 13892.2 15584.8 20612.7 22733.5 140

141 FL103192005 Foreign direct investment in the United States 2230.7 2417.2 2612.8 2760.3 141

142 FL103152025 Insurance, pension and standardized guarantee schemes 611.4 472.5 260.7 244.2 142

143 FL573074005 Pension fund contributions payable 93.8 81.4 79.0 77.9 143

144 FL573073005 Claim of pension fund on sponsor 517.7 391.0 181.7 166.3 144

145 FL103196005 Other accounts payable 4668.4 5082.0 5458.0 5452.3 145

146 FL103170005 Trade payables 1771.6 1836.9 1943.6 2044.4 146

147 FL103178000 Taxes payable 51.7 54.0 44.9 45.0 147

148 FL103193005 Miscellaneous liabilities 2845.2 3191.1 3469.5 3362.9 148

149 FL102090085 Net worth 2733.8 1666.3 -1199.7 -1645.4 149

Notes. Nonfinancial corporate business includes corporate farms that are excluded from the nonfinancial corporate business sector in the Financial Accounts of the United States.

 Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(2) Net equity in reserves of property-casualty insurance companies.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Includes changes in the market value of shares and other equity that are excluded from the related measures for the nonfinancial corporate business sector in the Financial Accounts of the United States.

(5) Excludes nonproduced nonfinancial assets.

n.e.c. Not elsewhere classified
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FFA Coded Tables, December 10, 2015 155

S.6.a Financial Business

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA796902505 Gross value added 1045.8 1187.3 1173.3 1301.6 1

 2 FA796300081 Less: Consumption of fixed capital 168.6 174.2 182.7 192.0 2

 3 FA796902605 Equals: Net value added 877.2 1013.1 990.6 1109.6 3

 4 FA796025005 Compensation of employees (paid) 606.8 630.2 640.2 681.0 4

 5 FA796020001 Wages and salaries 513.5 536.8 545.6 581.4 5

 6 FA796401001 Employers’ social contributions 93.3 93.3 94.6 99.7 6

 7 FA796240101 Taxes on production and imports less subsidies 58.3 60.2 59.9 69.8 7

 8 FA796402101 Operating surplus, net 212.1 322.7 290.4 358.8 8

 9 FA796140005 Net national income/Balance of primary incomes, net 320.0 290.0 160.1 286.6 9

10 FA796402101 Operating surplus, net 212.1 322.7 290.4 358.8 10

11 FA796150105 Property income (received) 2109.1 2052.3 2020.3 2049.6 11

12 FA796130101 Interest 1722.4 1635.7 1539.5 1505.5 12

13 FA796121101 Distributed income of corporations (dividends) 319.5 359.8 419.8 481.3 13

14 FA793092281 Reinvested earnings on U.S. direct investment abroad 67.2 56.8 61.0 62.8 14

15 FA796150005 Less: Uses of property income (paid) 2001.2 2084.9 2150.6 2121.7 15

16 FA796130001 Interest 1504.6 1478.3 1413.9 1420.8 16

17 FA796120005 Distributed income of corporations 481.5 589.8 720.6 683.5 17

18 FA796121001 Dividends 427.2 521.9 672.3 631.8 18

19 FA796122001 Withdrawals from income of quasi-corporations (1) 54.3 67.9 48.3 51.7 19

20 FA793192281 Reinvested earnings on foreign direct investment 15.1 16.9 16.1 17.4 20

21 FA796112001 Rents on land and natural resources 0.0 0.0 0.0 0.0 21

22 FA796140005 Net national income/Balance of primary incomes, net 320.0 290.0 160.1 286.6 22

23 FA796220001 Less: Current taxes on income, wealth, etc. (paid) 150.3 180.9 184.3 197.6 23

24 FA796403005 Less: Other current transfers (paid) 20.0 -25.7 -17.9 8.5 24

25 FA796012095 Equals: Disposable income, net 149.7 134.8 -6.3 80.5 25

26 FA796012095 Equals: Net saving 149.7 134.8 -6.3 80.5 26

 Capital account

27 FA796006385 Net saving less capital transfers 182.1 125.2 -6.3 70.5 27

28 FA796012095 Net saving 149.7 134.8 -6.3 80.5 28

29 FA795440005 Less: Capital transfers paid (net) -32.4 9.6 0.0 10.0 29

30 FA795015085 Capital formation, net -1.2 17.9 23.4 30.6 30

31 FA795013005 Gross fixed capital formation (nonresidential) 167.5 192.1 206.1 222.6 31

32 FA796300081 Less: Consumption of fixed capital 168.6 174.2 182.7 192.0 32

33 FA795000995 Net lending (+) or borrowing (-), capital account (lines 27-30) 183.3 107.4 -29.7 39.9 33

 Financial account

34 FA795000995 Net lending (+) or borrowing (-) (line 33) 183.3 107.4 -29.7 39.9 34

35 FA794090005 Net acquisition of financial assets 2220.5 1837.5 3552.2 3085.7 35

36 FA713011203 Monetary gold 0.0 0.0 0.0 0.0 36

37 FA794000005 Currency and deposits 519.7 -47.3 817.7 124.8 37

38 FA794022005 Debt securities 1268.4 1094.9 1532.4 1233.0 38

39 FA793069175 Open market paper -75.0 0.0 20.5 -22.6 39

40 FA793061105 Treasury securities 1051.0 352.9 591.1 439.1 40

41 FA793061705 Agency- and GSE-backed securities (2) 113.9 152.4 401.5 341.3 41

42 FA793062005 Municipal securities 13.5 139.4 9.3 52.0 42

43 FA793063005 Corporate and foreign bonds 165.0 450.3 510.0 423.4 43

44 FA794035005 Loans 147.9 441.7 160.0 826.2 44

45 FA794041005 Short term 303.7 499.5 50.3 631.5 45

46 FA793065005 Long term (mortgages) -155.8 -57.8 109.7 194.8 46

47 FA793081005 Equity and investment fund shares -17.7 116.0 202.4 459.1 47

48 FA793064105 Corporate equities -85.0 5.9 -4.0 113.4 48

49 FA793064205 Mutual fund shares 19.4 64.4 142.3 127.5 49

50 FA793034005 Money market mutual fund shares -63.8 -82.4 -53.5 14.0 50

51 FA793092405 Equity in government-sponsored enterprises (2) -6.2 -2.0 -0.2 0.3 51

52 FA793092005 U.S. direct investment abroad 15.2 20.5 23.6 26.0 52

53 FA713164003 Stock in Federal Reserve Banks 0.4 0.5 0.1 1.1 53

54 FA793094005 Investment in subsidiaries 102.4 109.1 94.0 176.9 54

55 FA793052005 Insurance, pension and standardized guarantee schemes 339.9 354.7 345.6 333.5 55

56 FA793096005 Other accounts receivable -37.7 -122.6 494.1 109.0 56
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156 FFA Coded Tables, December 10, 2015

S.6.a Financial Business

Billions of dollars

2011 2012 2013 2014

 

57 FA794190005 Net incurrence of liabilities 2147.3 1755.2 3374.6 3052.9 57

58 FA794100005 Currency and deposits 1448.9 594.6 1859.3 986.9 58

59 FA794122005 Debt securities -335.9 -306.8 99.1 188.8 59

60 FA423161705 Agency- and GSE-backed securities (2) -21.9 -22.4 239.9 150.6 60

61 FA793163005 Corporate bonds -245.8 -225.6 -91.9 74.8 61

62 FA793169175 Commercial paper -68.2 -58.8 -48.9 -36.6 62

63 FA794135005 Loans 202.2 128.4 -208.2 160.9 63

64 FA794141005 Short term 188.7 123.5 -216.0 147.2 64

65 FA643165005 Long term (mortgages) 13.5 4.8 7.8 13.8 65

66 FA793181005 Equity and investment fund shares 503.6 961.2 977.1 1047.9 66

67 FA634090005 Money market mutual fund shares -112.8 7.1 28.9 9.6 67

68 FA793164105 Corporate equity issues 161.6 155.5 158.3 218.3 68

69 FA653164205 Mutual fund shares 338.4 624.9 638.2 596.6 69

70 FA403192405 Equity in government-sponsored enterprises (2) -5.9 -1.8 0.5 1.2 70

71 FA793192005 Foreign direct investment in the United States 43.4 5.1 31.1 13.6 71

72 FA662090205 Equity in noncorporate business -2.9 6.7 -5.6 2.0 72

73 FA793194005 Investment by parent 81.5 163.3 125.6 205.6 73

74 FA713164003 Stock in Federal Reserve Banks 0.4 0.5 0.1 1.1 74

75 FA583152005 Insurance, pension and standardized guarantee schemes 691.9 571.2 557.4 597.5 75

76 FA793196005 Other accounts payable -363.4 -193.3 89.9 70.8 76

 Addendum:

77 FA795000005 Net lending (+) or borrowing (-), financial account (lines 35-57) 73.2 82.3 177.7 32.8 77

 Other changes in volume account

78 FV798090185 Total other volume changes -73.2 -379.6 -945.6 -381.9 78

79 FV792010095 Disaster losses 0.0 -2.0 0.0 0.0 79

80 FV798090085 Other volume changes 36.9 -352.5 -1153.0 -374.9 80

81 FU797005045 Less: Statistical discrepancy (lines 33-77) (3) 110.1 25.1 -207.4 7.0 81

 Revaluation account

82 FR792010095 Nonfinancial assets 42.2 18.4 34.4 29.7 82

83 FR795013665 Structures (nonresidential) 33.2 15.3 30.2 24.8 83

84 FR795013265 Equipment 8.3 2.9 2.5 5.6 84

85 FR795013765 Intellectual property products 0.6 0.2 1.7 -0.7 85

86 FR793081085 Financial assets -673.6 1781.0 3764.0 1144.6 86

87 FR793064105 Corporate equities -517.5 1518.9 3282.2 1037.9 87

88 FR793064205 Mutual fund shares -110.6 239.7 495.7 141.3 88

89 FR793092005 U.S. direct investment abroad -45.5 22.4 -14.0 -34.6 89

90 FR793181085 Liabilities -924.1 1912.9 3802.6 1364.7 90

91 FR793164105 Corporate equity issues -449.1 739.4 1355.8 640.9 91

92 FR653164205 Mutual fund shares -340.4 720.3 1571.0 456.7 92

93 FR793192005 Foreign direct investment in the United States 28.9 15.9 -50.6 11.4 93

94 FR662090205 Equity in noncorporate business -1.2 -1.3 4.2 -0.5 94

95 FR153050005 Pension fund reserves -161.9 438.8 922.3 256.1 95

96 FR793194005 Investment by parent -0.3 -0.1 0.0 0.0 96

97 FR798200005 Changes in net worth due to nominal holding gains/losses 292.6 -113.5 -4.3 -190.4 97

 Changes in balance sheet account

98 FC792090095 Change in net worth (lines 30+33+78+97) 401.5 -367.8 -956.1 -501.8 98

 Balance sheet account (end of period)

99 FL792000095 Total assets 72832.9 76978.3 82865.1 86825.9 99

100 FL792010095 Nonfinancial assets (4) 1621.2 1655.5 1713.2 1773.6 100

101 FL795013665 Structures (nonresidential) 986.3 992.0 1013.0 1031.9 101

102 FL795013265 Equipment 485.5 506.0 535.7 570.7 102

103 FL795013765 Intellectual property products 149.4 157.4 164.5 170.9 103

104 FL794090005 Financial assets 71211.8 75322.9 81151.9 85052.3 104

105 FL713011203 Monetary gold 11.0 11.0 11.0 11.0 105

106 FL794000005 Currency and deposits 2774.4 2751.4 3567.7 3689.7 106
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FFA Coded Tables, December 10, 2015 157

S.6.a Financial Business

Billions of dollars

2011 2012 2013 2014

 

107 FL794022005 Debt securities 19798.0 20985.1 22430.5 23664.6 107

108 FL793069175 Open market paper 688.8 688.6 708.8 687.2 108

109 FL793061105 Treasury securities 5276.9 5641.8 6232.9 6672.0 109

110 FL793061705 Agency- and GSE-backed securities (2) 5594.7 5761.2 6154.3 6495.5 110

111 FL793062005 Municipal securities 1800.0 1939.4 1948.7 2000.6 111

112 FL793063005 Corporate and foreign bonds 6437.6 6954.1 7385.9 7809.2 112

113 FL794035005 Loans 21813.4 22282.8 22324.8 23112.5 113

114 FL794041005 Short term 8807.4 9479.9 9503.3 10134.7 114

115 FL793065005 Long term (mortgages) 13006.0 12802.9 12821.5 12977.9 115

116 FL793081005 Equity and investment fund shares 18454.7 20778.4 24693.8 26297.4 116

117 LM793064105 Corporate equities 10796.4 12321.2 15599.4 16750.7 117

118 LM793064205 Mutual fund shares 2647.5 2951.6 3589.7 3858.5 118

119 FL793034005 Money market fund shares 765.1 682.7 629.2 643.2 119

120 FL793092405 Equity in government-sponsored enterprises (2) 35.5 33.5 33.4 33.7 120

121 FL793092005 U.S. direct investment abroad 840.3 883.2 892.8 884.2 121

122 FL713164003 Stock in Federal Reserve Banks 26.9 27.4 27.5 28.6 122

123 FL793094005 Investment in subsidiaries 3343.0 3878.8 3921.7 4098.6 123

124 FL793052005 Insurance, pension and standardized guarantee schemes 4922.4 4897.1 4311.4 4314.8 124

125 FL793096005 Other accounts receivable 3437.8 3617.0 3812.6 3962.1 125

126 FL792100005 Total liabilities and net worth 72832.9 76978.3 82865.1 86825.9 126

127 FL794194005 Liabilities 71875.2 76388.4 83231.4 87693.9 127

128 FL794100005 Currency and deposits 13517.8 14084.6 15943.9 16930.8 128

129 FL794122005 Debt securities 13102.7 12918.7 12950.6 13112.1 129

130 FL423161705 Agency- and GSE-backed securities (2) 7552.1 7529.7 7769.7 7920.2 130

131 FL793163005 Corporate bonds 5042.8 4939.8 4780.8 4828.2 131

132 FL793169175 Commercial paper 507.9 449.1 400.2 363.6 132

133 FL794135005 Loans 4917.5 5108.6 4900.4 5069.2 133

134 FL794141005 Short term 4728.0 4914.2 4698.2 4845.4 134

135 FL643165005 Long term (mortgages) 189.5 194.4 202.2 223.8 135

136 FL793181005 Equity and investment fund shares 18464.3 21436.2 25242.6 27399.1 136

137 FL634090005 Money market fund shares 2642.5 2649.6 2678.5 2688.1 137

138 LM793164105 Corporate equity issues 4052.5 4947.4 6461.4 7320.7 138

139 LM653164205 Mutual fund shares 7870.9 9326.1 11535.2 12588.5 139

140 FL403192405 Equity in government-sponsored enterprises (2) 43.1 41.2 41.7 42.9 140

141 FL793192005 Foreign direct investment in the United States 561.9 582.8 563.3 588.3 141

142 FL662090205 Equity in noncorporate business 11.9 17.3 15.9 17.5 142

143 FL793194005 Investment by parent 3254.6 3844.4 3919.0 4124.5 143

144 FL713164003 Stock in Federal Reserve Banks 26.9 27.4 27.5 28.6 144

145 FL583152005 Insurance, pension and standardized guarantee schemes 20340.5 21405.5 22938.0 23840.4 145

146 FL793196005 Other accounts payable 1532.2 1434.9 1255.9 1342.3 146

147 FL792090095 Net worth 957.8 589.9 -366.2 -868.0 147

Notes. Financial business includes depository institutions, insurance companies, pension funds, monetary authority, and other financial institutions.

 Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes land. Includes corporate and noncorporate financial business.
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158 FFA Coded Tables, December 10, 2015

S.61.a Central Bank

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA716902505 Gross value added 2.8 2.6 3.3 3.4 1

 2 FA716330005 Less: Consumption of fixed capital 0.8 0.8 0.8 0.8 2

 3 FA716902605 Equals: Net value added 2.0 1.8 2.5 2.6 3

 4 FA716025005 Compensation of employees (paid) 2.0 2.0 2.2 2.2 4

 5 FA716020001 Wages and salaries 1.8 1.8 1.9 1.9 5

 6 FA716401001 Employers’ social contributions 0.2 0.2 0.3 0.3 6

 7 FA716240101 Taxes on production and imports less subsidies 0.0 0.0 0.0 0.0 7

 8 FA716402101 Operating surplus, net -0.1 -0.2 0.3 0.4 8

 9 FA716140005 Net national income/Balance of primary incomes, net 76.6 72.4 80.6 104.4 9

10 FA716402101 Operating surplus, net -0.1 -0.2 0.3 0.4 10

11 FA716150105 Property income (received) 84.5 80.9 90.5 115.9 11

12 FA716130101 Interest 84.5 80.9 90.5 115.9 12

13 FA716121101 Distributed income of corporations (dividends) 0.0 0.0 0.0 0.0 13

14 FA713092281 Reinvested earnings on U.S. direct investment abroad 0.0 0.0 0.0 0.0 14

15 FA716150005 Less: Uses of property income (paid) 7.9 8.4 10.2 12.0 15

16 FA716130001 Interest 6.3 6.7 8.6 10.3 16

17 FA716120005 Distributed income of corporations 1.6 1.6 1.6 1.7 17

18 FA716121001 Dividends 1.6 1.6 1.6 1.7 18

19 FA716122001 Withdrawals from income of quasi-corporations (1) 0.0 0.0 0.0 0.0 19

20 FA713192281 Reinvested earnings on foreign direct investment 0.0 0.0 0.0 0.0 20

21 FA716112001 Rents on land and natural resources 0.0 0.0 0.0 0.0 21

22 FA716140005 Net national income/Balance of primary incomes, net 76.6 72.4 80.6 104.4 22

23 FA716220001 Less: Current taxes on income, wealth, etc. (paid) 75.4 88.4 79.6 96.9 23

24 FA716403001 Less: Other current transfers (paid) 1.4 1.6 1.8 1.9 24

25 FA716012005 Equals: Disposable income, net -0.3 -17.6 -0.9 5.6 25

26 FA716012005 Equals: Net saving -0.3 -17.6 -0.9 5.6 26

 Capital account

27 FA716006385 Net saving less capital transfers -0.3 -17.6 -0.9 5.6 27

28 FA716012005 Net saving -0.3 -17.6 -0.9 5.6 28

29 FA715440083 Less: Capital transfers paid (net) 0.0 0.0 0.0 0.0 29

30 FA715015005 Capital formation, net -0.2 0.0 -0.2 -0.2 30

31 FA715013005 Gross fixed capital formation (nonresidential) 0.6 0.8 0.6 0.7 31

32 FA716330005 Less: Consumption of fixed capital 0.8 0.8 0.8 0.8 32

33 FA715000995 Net lending (+) or borrowing (-), capital account (lines 27-30) -0.0 -17.7 -0.7 5.8 33

 Financial account

34 FA715000995 Net lending (+) or borrowing (-) (line 33) -0.0 -17.7 -0.7 5.8 34

35 FA714090005 Net acquisition of financial assets 493.6 9.7 1118.8 481.6 35

36 FA713011203 Monetary gold 0.0 0.0 0.0 0.0 36

37 FA714000005 Currency and deposits 1.1 0.9 0.4 1.4 37

38 FA714022005 Debt securities 444.0 64.5 1086.6 480.7 38

39 FA713069603 Open market paper 0.0 0.0 0.0 0.0 39

40 FA713061100 Treasury securities 642.0 2.7 542.6 252.6 40

41 FA713061705 Agency- and GSE-backed securities (2) -197.9 61.8 543.9 228.1 41

42 FA714041005 Loans (short term) 32.2 -121.0 -9.1 1.2 42

43 FA713064103 Equity shares -26.4 0.0 0.0 0.0 43

44 FA713096105 Other accounts receivable 42.7 65.3 40.9 -1.8 44

45 FA714190005 Net incurrence of liabilities 493.2 9.3 1118.7 480.6 45

46 FA714100005 Currency and deposits 480.2 -2.0 900.1 283.2 46

47 FA712151003 Loans 40.2 7.3 208.7 193.9 47

48 FA713164003 Equity shares (stock in Federal Reserve Banks) 0.4 0.5 0.1 1.1 48

49 FA713193005 Other accounts payable -27.5 3.5 9.7 2.4 49

 Addendum:

50 FA715000005 Net lending (+) or borrowing (-), financial account (lines 35-45) 0.4 0.5 0.1 1.1 50

 Other changes in volume account

51 FV718090185 Total other volume changes 0.4 18.1 0.8 -4.7 51

52 FV718090085 Other volume changes 0.0 -0.0 0.0 0.0 52

53 FU717005045 Less: Statistical discrepancy (lines 33-50) (3) -0.4 -18.1 -0.8 4.7 53
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FFA Coded Tables, December 10, 2015 159

S.61.a Central Bank

Billions of dollars

2011 2012 2013 2014

 

 Revaluation account

54 FR712010095 Nonfinancial assets 0.3 0.1 0.2 0.2 54

55 FR715013665 Structures (nonresidential) 0.3 0.1 0.2 0.2 55

56 FR715013265 Equipment 0.0 0.0 0.0 0.0 56

57 FR715013765 Intellectual property products 0.0 0.0 0.0 -0.0 57

58 FR718200005 Changes in net worth due to nominal holding gains/losses 0.3 0.1 0.2 0.2 58

 Changes in balance sheet account

59 FC712090095 Change in net worth (lines 30+33+51+58) 0.5 0.6 0.2 1.1 59

 Balance sheet account (end of period)

60 FL712000095 Total assets 2955.8 2965.6 4084.5 4566.1 60

61 FL712010095 Nonfinancial assets (4) 10.6 10.7 10.7 10.7 61

62 FL715013665 Structures (nonresidential) 7.8 7.8 7.9 8.0 62

63 FL715013265 Equipment 2.0 2.0 2.0 2.0 63

64 FL715013765 Intellectual property products 0.8 0.8 0.8 0.8 64

65 FL714090005 Financial assets 2945.2 2955.0 4073.8 4555.4 65

66 FL713011203 Monetary gold 11.0 11.0 11.0 11.0 66

67 FL714000005 Currency and deposits 69.3 69.0 68.1 66.7 67

68 FL714022005 Debt securities 2605.1 2669.6 3756.2 4236.9 68

69 FL713069603 Open market paper 0.0 0.0 0.0 0.0 69

70 FL713061100 Treasury securities 1663.4 1666.1 2208.8 2461.4 70

71 FL713061705 Agency- and GSE-backed securities (2) 941.7 1003.4 1547.4 1775.5 71

72 FL714041005 Loans (short term) 130.5 9.5 0.4 1.7 72

73 FL713064103 Equity shares 0.0 0.0 0.0 0.0 73

74 FL713096105 Other accounts receivable 129.2 195.8 238.0 239.1 74

75 FL712100005 Total liabilities and net worth 2955.8 2965.6 4084.5 4566.1 75

76 FL714190005 Liabilities 2918.3 2927.6 4046.3 4526.8 76

77 FL714100005 Currency and deposits 2788.7 2786.7 3686.8 3970.0 77

78 FL712151003 Loans 99.9 107.2 315.9 509.8 78

79 FL713164003 Equity shares (stock in Federal Reserve Banks) 26.9 27.4 27.5 28.6 79

80 FL713193005 Other accounts payable 2.8 6.3 16.0 18.4 80

81 FL712090095 Net worth 37.5 38.0 38.2 39.3 81

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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160 FFA Coded Tables, December 10, 2015

S.62.a Private Depository Institutions

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA706902505 Gross value added 238.5 274.2 289.7 300.2 1

 2 FA706300081 Less: Consumption of fixed capital 31.8 32.3 32.6 32.8 2

 3 FA706902605 Equals: Net value added 206.8 241.9 257.0 267.4 3

 4 FA706025005 Compensation of employees (paid) 158.8 167.5 170.8 169.6 4

 5 FA706020001 Wages and salaries 134.3 143.1 146.1 144.8 5

 6 FA706401001 Employers’ social contributions 24.5 24.4 24.7 24.8 6

 7 FA706240101 Taxes on production and imports less subsidies 9.6 10.0 10.4 11.1 7

 8 FA706402101 Operating surplus, net 38.4 64.4 75.9 86.7 8

 9 FA706140005 Net national income/Balance of primary incomes, net 124.7 117.5 132.6 120.5 9

10 FA706402101 Operating surplus, net 38.4 64.4 75.9 86.7 10

11 FA706150105 Property income (received) 380.9 346.9 320.4 309.6 11

12 FA706130101 Interest 357.1 326.6 299.3 288.4 12

13 FA706121101 Distributed income of corporations (dividends) 2.1 2.2 2.4 2.7 13

14 FA703092281 Reinvested earnings on U.S. direct investment abroad 21.7 18.1 18.7 18.4 14

15 FA706150005 Less: Uses of property income (paid) 294.6 293.8 263.6 275.7 15

16 FA706130001 Interest 212.4 191.9 173.7 179.3 16

17 FA706120005 Distributed income of corporations 77.9 96.2 84.0 89.8 17

18 FA706121001 Dividends 77.8 96.0 83.9 89.8 18

19 FA706122001 Withdrawals from income of quasi-corporations (1) 0.1 0.2 0.1 0.1 19

20 FA703192281 Reinvested earnings on foreign direct investment 4.3 5.7 6.0 6.6 20

21 FA706112001 Rents on land and natural resources 0.0 0.0 0.0 0.0 21

22 FA706140005 Net national income/Balance of primary incomes, net 124.7 117.5 132.6 120.5 22

23 FA706220001 Less: Current taxes on income, wealth, etc. (paid) 23.5 30.5 27.1 25.6 23

24 FA706403001 Less: Other current transfers (paid) 5.6 6.2 6.5 6.8 24

25 FA706012005 Equals: Disposable income, net 95.6 80.8 99.1 88.0 25

26 FA706012005 Equals: Net saving 95.6 80.8 99.1 88.0 26

 Capital account

27 FA706006385 Net saving less capital transfers 95.9 80.8 99.1 88.0 27

28 FA706012005 Net saving 95.6 80.8 99.1 88.0 28

29 FA705440083 Less: Capital transfers paid (net) -0.3 0.0 0.0 0.0 29

30 FA705015085 Capital formation, net -5.0 -3.6 -6.1 -4.3 30

31 FA705013081 Gross fixed capital formation (nonresidential) 26.8 28.8 26.5 28.5 31

32 FA706300081 Less: Consumption of fixed capital 31.8 32.3 32.6 32.8 32

33 FA705000995 Net lending (+) or borrowing (-), capital account (lines 27-30) 100.9 84.4 105.2 92.4 33

 Financial account

34 FA705000995 Net lending (+) or borrowing (-) (line 33) 100.9 84.4 105.2 92.4 34

35 FA704090005 Net acquisition of financial assets 840.5 500.1 993.4 972.1 35

36 FA704000005 Currency and deposits 600.4 -63.0 757.4 129.5 36

37 FA703025005 Vault cash 8.1 7.1 2.6 2.0 37

38 FA713113003 Reserves at the Federal Reserve 594.2 -71.2 758.0 128.9 38

39 FA403197033 Deposits at Federal Home Loan Banks -1.8 1.2 -3.2 -1.5 39

40 FA704022005 Debt securities 138.0 190.4 46.3 216.7 40

41 FA703069175 Open market paper 0.0 0.0 0.0 0.0 41

42 FA703061105 Treasury securities -46.7 86.6 -35.1 195.4 42

43 FA703061705 Agency- and GSE-backed securities (2) 133.6 49.7 42.4 26.2 43

44 FA703062005 Municipal securities 46.8 68.0 55.1 31.0 44

45 FA703063005 Corporate and foreign bonds 4.3 -13.8 -16.2 -35.9 45

46 FA704035005 Loans 165.4 389.2 162.8 589.4 46

47 FA704041005 Short term 271.3 367.5 173.8 439.5 47

48 FA703065005 Long term (mortgages) -105.8 21.7 -11.0 149.9 48

49 FA703081005 Equity and investment fund shares -10.7 -14.4 1.6 5.7 49

50 FA703064105 Corporate equities 0.9 -10.5 0.8 0.7 50

51 FA703064205 Mutual fund shares -0.5 -0.7 1.5 -0.8 51

52 FA703092405 Equity in government-sponsored enterprises (2) -5.4 -2.1 -1.1 -0.0 52

53 FA763092000 U.S. direct investment abroad -6.2 -1.6 0.3 4.7 53

54 FA713164003 Stock in Federal Reserve Banks 0.4 0.5 0.1 1.1 54

55 FA763040005 Insurance, pension and standardized guarantee schemes 5.2 7.4 5.7 5.9 55

56 FA703093005 Other accounts receivable -57.9 -9.6 19.6 24.9 56
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FFA Coded Tables, December 10, 2015 161

S.62.a Private Depository Institutions

Billions of dollars

2011 2012 2013 2014

 

57 FA704190005 Net incurrence of liabilities 855.0 570.3 943.7 1089.7 57

58 FA704100005 Currency and deposits 979.0 595.8 970.8 696.0 58

59 FA703127005 Checkable deposits 356.7 205.6 193.1 198.8 59

60 FA703130205 Other deposits 622.3 390.2 777.7 497.1 60

61 FA704122005 Debt securities 10.0 -115.4 -102.7 -17.2 61

62 FA763163005 Corporate bonds 2.4 -82.3 -74.9 -12.0 62

63 FA703169175 Commercial paper 7.6 -33.1 -27.8 -5.2 63

64 FA704141005 Loans (short term) -89.6 -26.5 -21.7 86.1 64

65 FA703181105 Equity and investment fund shares 74.8 89.1 68.5 179.0 65

66 FA763164103 Corporate equity issues 6.4 1.6 2.2 2.7 66

67 FA753192003 Foreign direct investment in the United States 26.0 -1.9 9.5 0.7 67

68 FA703194005 Investment by parent 42.4 89.4 56.7 175.6 68

69 FA703196005 Other accounts payable -119.3 27.4 28.8 145.8 69

 Addendum:

70 FA705000005 Net lending (+) or borrowing (-), financial account (lines 35-57) -14.5 -70.2 49.7 -117.7 70

 Other changes in volume account

71 FV708090185 Total other volume changes -144.7 -303.0 -94.0 -209.0 71

72 FV702010095 Disaster losses 0.0 -0.5 0.0 0.0 72

73 FV708090085 Other volume changes -29.3 -147.9 -38.5 1.1 73

74 FU707005045 Less: Statistical discrepancy (lines 33-70) (3) 115.4 154.6 55.4 210.0 74

 Revaluation account

75 FR702010095 Nonfinancial assets 9.8 3.6 8.3 6.9 75

76 FR705013665 Structures (nonresidential) 9.1 3.8 7.8 6.2 76

77 FR705013265 Equipment 0.8 -0.1 0.4 0.9 77

78 FR705013765 Intellectual property products -0.0 -0.1 0.1 -0.2 78

79 FR703081085 Financial assets -11.2 25.8 30.9 -11.4 79

80 FR703064105 Corporate equities -7.2 14.4 29.1 6.5 80

81 FR703064205 Mutual fund shares -2.6 5.2 10.5 2.5 81

82 FR763092000 U.S. direct investment abroad -1.4 6.1 -8.7 -20.4 82

83 FR703181105 Liabilities -138.8 190.6 210.8 86.8 83

84 FR763164103 Corporate equity issues -169.3 157.6 212.2 84.0 84

85 FR753192003 Foreign direct investment in the United States 30.5 33.0 -1.4 2.8 85

86 FR703194005 Investment by parent 0.0 0.0 0.0 0.0 86

87 FR708200005 Changes in net worth due to nominal holding gains/losses 137.4 -161.1 -171.6 -91.3 87

 Changes in balance sheet account

88 FC702090095 Change in net worth (lines 30+33+71+87) 88.6 -383.3 -166.5 -212.2 88

 Balance sheet account (end of period)

89 FL702000095 Total assets 14957.0 15363.1 16300.7 17281.3 89

90 FL702010095 Nonfinancial assets (4) 376.7 377.4 380.2 383.5 90

91 FL705013665 Structures (nonresidential) 267.9 269.0 273.9 278.1 91

92 FL705013265 Equipment 89.4 87.8 85.9 84.7 92

93 FL705013765 Intellectual property products 19.4 20.6 20.5 20.6 93

94 FL704090005 Financial assets 14580.2 14985.6 15920.5 16897.9 94

95 FL704000005 Currency and deposits 1635.6 1575.8 2333.2 2462.7 95

96 FL703025005 Vault cash 60.8 71.1 73.6 75.7 96

97 FL713113003 Reserves at the Federal Reserve 1562.3 1491.0 2249.1 2378.0 97

98 FL403197033 Deposits at Federal Home Loan Banks 12.6 13.7 10.6 9.1 98

99 FL704022005 Debt securities 3208.7 3399.1 3445.3 3662.1 99

100 FL703069175 Open market paper 0.0 0.0 0.0 0.0 100

101 FL703061105 Treasury securities 252.9 339.5 304.4 499.8 101

102 FL703061705 Agency- and GSE-backed securities (2) 1851.7 1901.3 1943.8 1970.0 102

103 FL703062005 Municipal securities 303.9 371.9 427.0 458.0 103

104 FL703063005 Corporate and foreign bonds 800.2 786.3 770.2 734.2 104

105 FL704035005 Loans 8416.9 8768.6 8912.0 9490.4 105

106 FL704041005 Short term 3980.7 4346.2 4519.9 4959.3 106

107 FL703065005 Long term (mortgages) 4436.2 4422.4 4392.1 4531.1 107
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162 FFA Coded Tables, December 10, 2015

S.62.a Private Depository Institutions

Billions of dollars

2011 2012 2013 2014

 

108 FL703081005 Equity and investment fund shares 443.7 455.1 487.6 481.9 108

109 LM703064105 Corporate equities 67.4 71.3 101.3 108.5 109

110 LM703064205 Mutual fund shares 43.5 48.1 60.1 61.8 110

111 FL703092405 Equity in government-sponsored enterprises (2) 33.4 31.3 30.2 30.2 111

112 FL763092000 U.S. direct investment abroad 272.5 277.0 268.5 252.9 112

113 FL713164003 Stock in Federal Reserve Banks 26.9 27.4 27.5 28.6 113

114 FL763040005 Insurance, pension and standardized guarantee schemes 125.5 138.0 143.8 149.6 114

115 FL703093005 Other accounts receivable 749.9 649.0 598.4 651.0 115

116 FL702100005 Total liabilities and net worth 14957.0 15363.1 16300.7 17281.3 116

117 FL704194005 Liabilities 15383.2 16172.6 17276.7 18469.6 117

118 FL704100005 Currency and deposits 10646.6 11214.6 12185.3 12881.3 118

119 FL703127005 Checkable deposits 1428.6 1629.2 1822.3 2021.2 119

120 FL703130205 Other deposits 9218.0 9585.4 10363.0 10860.2 120

121 FL704122005 Debt securities 500.1 383.4 280.7 263.5 121

122 FL763163005 Corporate bonds 379.4 295.9 221.0 209.0 122

123 FL703169175 Commercial paper 120.6 87.5 59.7 54.5 123

124 FL704141005 Loans (short term) 1063.5 1037.0 1015.3 1101.5 124

125 FL703181105 Equity and investment fund shares 2497.6 2856.2 3124.3 3390.1 125

126 LM763164103 Corporate equity issues 474.1 633.3 847.7 934.4 126

127 FL753192003 Foreign direct investment in the United States 176.6 207.7 215.9 219.3 127

128 FL703194005 Investment by parent 1846.8 2015.2 2060.8 2236.4 128

129 FL703196005 Other accounts payable 675.4 681.4 671.1 833.2 129

130 FL702090095 Net worth -426.2 -809.5 -976.1 -1188.2 130

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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FFA Coded Tables, December 10, 2015 163

S.63.a Insurance Companies

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA526902505 Gross value added 253.2 268.7 263.7 328.1 1

 2 FA526300081 Less: Consumption of fixed capital 27.0 27.7 29.5 31.7 2

 3 FA526902605 Equals: Net value added 226.2 241.0 234.2 296.4 3

 4 FA526025005 Compensation of employees (paid) 127.2 132.2 133.6 137.7 4

 5 FA526020001 Wages and salaries 107.1 112.1 113.3 117.0 5

 6 FA526401001 Employers’ social contributions 20.1 20.1 20.3 20.7 6

 7 FA526240101 Taxes on production and imports less subsidies 23.1 23.7 25.3 34.5 7

 8 FA526402101 Operating surplus, net 75.8 85.1 75.3 124.2 8

 9 FA526140005 Net national income/Balance of primary incomes, net 23.3 12.9 6.4 23.7 9

10 FA526402101 Operating surplus, net 75.8 85.1 75.3 124.2 10

11 FA526150105 Property income (received) 266.3 264.4 271.3 260.3 11

12 FA526130101 Interest 241.7 238.1 243.0 229.1 12

13 FA526121101 Distributed income of corporations (dividends) 13.0 15.5 16.2 18.4 13

14 FA523092281 Reinvested earnings on U.S. direct investment abroad 11.5 10.8 12.1 12.8 14

15 FA526150005 Less: Uses of property income (paid) 318.8 336.7 340.2 360.7 15

16 FA526130001 Interest 302.8 311.3 321.4 329.9 16

17 FA526120005 Distributed income of corporations 13.6 22.6 16.7 28.4 17

18 FA526121001 Dividends 10.8 19.1 11.8 23.7 18

19 FA526122001 Withdrawals from income of quasi-corporations (1) 2.8 3.5 4.9 4.7 19

20 FA523192281 Reinvested earnings on foreign direct investment 2.4 2.9 2.1 2.5 20

21 FA526112001 Rents on land and natural resources 0.0 0.0 0.0 0.0 21

22 FA526140005 Net national income/Balance of primary incomes, net 23.3 12.9 6.4 23.7 22

23 FA526220001 Less: Current taxes on income, wealth, etc. (paid) 23.0 29.1 33.2 31.8 23

24 FA526403001 Less: Other current transfers (paid) -13.9 -67.8 -63.8 -42.9 24

25 FA526012005 Equals: Disposable income, net 14.3 51.5 37.0 34.9 25

26 FA526012005 Equals: Net saving 14.3 51.5 37.0 34.9 26

 Capital account

27 FA526006385 Net saving less capital transfers 14.3 37.1 37.0 34.9 27

28 FA526012005 Net saving 14.3 51.5 37.0 34.9 28

29 FA525440083 Less: Capital transfers paid (net) 0.0 14.3 0.0 0.0 29

30 FA525015085 Capital formation, net -2.4 -0.2 3.0 3.1 30

31 FA525013081 Gross fixed capital formation (nonresidential) 24.7 27.5 32.5 34.8 31

32 FA526300081 Less: Consumption of fixed capital 27.0 27.7 29.5 31.7 32

33 FA525000995 Net lending (+) or borrowing (-), capital account (lines 27-30) 16.6 37.3 34.0 31.7 33

 Financial account

34 FA525000995 Net lending (+) or borrowing (-) (line 33) 16.6 37.3 34.0 31.7 34

35 FA524090005 Net acquisition of financial assets 256.4 153.4 142.8 246.6 35

36 FA523020005 Currency and deposits -6.5 15.0 -16.0 9.5 36

37 FA524022005 Debt securities 137.9 60.9 83.7 84.0 37

38 FA523069105 Open market paper -10.4 12.5 3.8 -4.7 38

39 FA523061105 Treasury securities 23.4 -1.2 -5.8 20.2 39

40 FA523061705 Agency- and GSE-backed securities (2) 5.3 -21.8 -11.7 -19.2 40

41 FA523062005 Municipal securities -7.9 6.8 8.4 1.5 41

42 FA523063005 Corporate and foreign bonds 127.5 64.6 88.9 86.2 42

43 FA524035005 Loans 17.6 15.8 19.3 31.8 43

44 FA524041005 Short term 1.8 3.2 -1.8 8.2 44

45 FA523065005 Long term (mortgages) 15.8 12.6 21.1 23.6 45

46 FA523081005 Equity and investment fund shares 47.0 30.2 25.5 44.2 46

47 FA523064105 Corporate equities 36.1 20.8 17.4 30.7 47

48 FA523064205 Mutual fund shares 4.9 2.2 2.1 2.7 48

49 FA523034005 Money market mutual fund shares 2.3 0.9 -8.0 4.3 49

50 FA543092473 Equity in government-sponsored enterprises (2) -0.8 0.1 1.0 0.4 50

51 FA523092005 U.S. direct investment abroad 4.4 6.3 13.1 6.2 51

52 FA543077073 Insurance, pension and standardized guarantee schemes -0.4 0.6 3.0 1.2 52

53 FA523096005 Other accounts receivable 60.9 30.9 27.3 75.9 53

54 FA524190005 Net incurrence of liabilities 223.3 69.4 109.2 173.3 54

55 FA673090543 Currency and deposits (funding agreements) -8.5 -0.4 -8.4 9.2 55

56 FA524141005 Loans (short term) 5.3 6.0 13.7 13.0 56
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164 FFA Coded Tables, December 10, 2015

S.63.a Insurance Companies

Billions of dollars

2011 2012 2013 2014

 

57 FA523181105 Equity and investment fund shares -20.5 -26.8 -7.0 -25.6 57

58 FA523164105 Corporate equity issues -22.3 -24.5 -16.8 -31.8 58

59 FA523192005 Foreign direct investment in the United States -7.5 -5.8 12.4 5.3 59

60 FA523194735 Investment by parent 9.3 3.5 -2.7 0.9 60

61 FA523152005 Insurance, pension and standardized guarantee schemes 236.0 67.7 95.2 149.2 61

62 FA523196105 Other accounts payable 10.9 22.9 15.8 27.5 62

 Addendum:

63 FA525000005 Net lending (+) or borrowing (-), financial account (lines 35-54) 33.2 84.0 33.5 73.3 63

 Other changes in volume account

64 FV528090185 Total other volume changes 49.9 -15.0 -74.2 42.7 64

65 FV522010095 Disaster losses 0.0 -0.1 0.0 0.0 65

66 FV528090085 Other volume changes 33.4 -61.6 -73.8 1.1 66

67 FU527005045 Less: Statistical discrepancy (lines 33-63) (3) -16.5 -46.7 0.5 -41.6 67

 Revaluation account

68 FR522010095 Nonfinancial assets 5.7 2.1 5.1 3.6 68

69 FR525013665 Structures (nonresidential) 5.1 2.2 4.6 3.5 69

70 FR525013265 Equipment 0.5 -0.0 0.2 0.5 70

71 FR525013765 Intellectual property products 0.0 -0.1 0.3 -0.4 71

72 FR523081005 Financial assets -59.4 192.2 313.5 45.3 72

73 FR523064105 Corporate equities -46.1 157.8 281.5 39.4 73

74 FR523064205 Mutual fund shares -7.8 17.5 35.0 9.9 74

75 FR523092005 U.S. direct investment abroad -5.4 16.9 -3.0 -4.0 75

76 FR523181085 Liabilities -75.3 182.8 281.4 98.9 76

77 FR523164105 Corporate equity issues -61.5 79.5 122.2 59.1 77

78 FR523192005 Foreign direct investment in the United States 30.0 -8.3 -43.6 11.8 78

79 FR543150005 Pension fund reserves -43.8 111.7 202.9 28.1 79

80 FR523194735 Investment by parent 0.0 0.0 0.0 0.0 80

81 FR528200005 Changes in net worth due to nominal holding gains/losses 21.6 11.4 37.2 -50.0 81

 Changes in balance sheet account

82 FC522090095 Change in net worth (lines 30+33+64+81) 85.7 33.6 -0.0 27.5 82

 Balance sheet account (end of period)

83 FL522000095 Total assets 6961.0 7300.2 7763.8 8064.0 83

84 FL522010095 Nonfinancial assets (4) 240.3 242.9 250.4 256.9 84

85 FL525013665 Structures (nonresidential) 152.3 152.1 155.0 157.4 85

86 FL525013265 Equipment 46.2 46.4 47.3 48.5 86

87 FL525013765 Intellectual property products 41.8 44.4 48.1 51.0 87

88 FL524090005 Financial assets 6720.8 7057.3 7513.4 7807.0 88

89 FL523020005 Currency and deposits 77.8 92.8 76.9 86.4 89

90 FL524022005 Debt securities 3740.4 3801.2 3884.9 3968.9 90

91 FL523069105 Open market paper 38.5 50.9 54.8 50.1 91

92 FL523061105 Treasury securities 271.8 270.6 264.7 284.9 92

93 FL523061705 Agency- and GSE-backed securities (2) 497.0 475.2 463.6 444.4 93

94 FL523062005 Municipal securities 452.8 459.6 468.0 469.5 94

95 FL523063005 Corporate and foreign bonds 2480.3 2544.9 2633.8 2720.1 95

96 FL524035005 Loans 494.6 510.4 529.7 561.5 96

97 FL524041005 Short term 157.2 160.3 158.5 166.8 97

98 FL523065005 Long term (mortgages) 337.4 350.0 371.1 394.7 98

99 FL523081005 Equity and investment fund shares 1965.5 2188.0 2526.9 2616.5 99

100 LM523064105 Corporate equities 1576.3 1754.9 2053.7 2123.8 100

101 LM523064205 Mutual fund shares 193.9 213.6 250.6 263.3 101

102 FL523034005 Money market fund shares 48.9 49.8 41.7 46.0 102

103 FL543092473 Equity in government-sponsored enterprises (2) 2.1 2.2 3.2 3.5 103

104 FL523092005 U.S. direct investment abroad 144.4 167.6 177.7 179.9 104

105 FL543077073 Insurance, pension and standardized guarantee schemes 24.3 24.9 27.9 29.1 105

106 FL523096005 Other accounts receivable 418.2 440.1 467.1 544.8 106
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FFA Coded Tables, December 10, 2015 165

S.63.a Insurance Companies

Billions of dollars

2011 2012 2013 2014

 

107 FL522100005 Total liabilities and net worth 6961.0 7300.2 7763.8 8064.0 107

108 FL524194005 Liabilities 6198.2 6503.8 6967.5 7240.1 108

109 FL673090543 Currency and deposits (funding agreements) 70.0 69.6 61.1 70.4 109

110 FL524141005 Loans (short term) 62.1 68.1 81.8 94.8 110

111 FL523181105 Equity and investment fund shares 586.8 584.1 645.8 691.0 111

112 LM523164105 Corporate equity issues 337.2 392.2 497.6 524.9 112

113 FL523192005 Foreign direct investment in the United States 177.5 163.4 132.2 149.3 113

114 FL523194735 Investment by parent 72.0 28.4 15.9 16.8 114

115 FL523152005 Insurance, pension and standardized guarantee schemes 5283.8 5497.8 5850.8 6036.2 115

116 FL523196105 Other accounts payable 195.6 284.4 327.9 347.9 116

117 FL522090095 Net worth 762.8 796.4 796.3 823.8 117

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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166 FFA Coded Tables, December 10, 2015

S.64.a Pension Funds

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA596902505 Gross value added 0.0 0.0 0.0 0.0 1

 2 FA596300081 Less: Consumption of fixed capital 0.0 0.0 0.0 0.0 2

 3 FA596902605 Equals: Net value added 0.0 0.0 0.0 0.0 3

 4 FA596025005 Compensation of employees (paid) 0.0 0.0 0.0 0.0 4

 5 FA596020001 Wages and salaries 0.0 0.0 0.0 0.0 5

 6 FA596401001 Employers’ social contributions 0.0 0.0 0.0 0.0 6

 7 FA596240101 Taxes on production and imports less subsidies 0.0 0.0 0.0 0.0 7

 8 FA596402101 Operating surplus, net 0.0 0.0 0.0 0.0 8

 9 FA596140005 Net national income/Balance of primary incomes, net 0.0 0.0 0.0 0.0 9

10 FA596402101 Operating surplus, net 0.0 0.0 0.0 0.0 10

11 FA596150105 Property income (received) 482.6 504.7 519.0 523.3 11

12 FA596130101 Interest 366.2 375.4 374.0 361.4 12

13 FA596121101 Distributed income of corporations (dividends) 116.4 129.3 145.0 161.9 13

14 FA593092281 Reinvested earnings on U.S. direct investment abroad 0.0 0.0 0.0 0.0 14

15 FA596150005 Less: Uses of property income (paid) 482.6 504.7 519.0 523.3 15

16 FA596130001 Interest 366.2 375.4 374.0 361.4 16

17 FA596120005 Distributed income of corporations 116.4 129.3 145.0 161.9 17

18 FA596121001 Dividends 116.4 129.3 145.0 161.9 18

19 FA596122001 Withdrawals from income of quasi-corporations (1) 0.0 0.0 0.0 0.0 19

20 FA593192281 Reinvested earnings on foreign direct investment 0.0 0.0 0.0 0.0 20

21 FA596112001 Rents on land and natural resources 0.0 0.0 0.0 0.0 21

22 FA596140005 Net national income/Balance of primary incomes, net 0.0 0.0 0.0 0.0 22

23 FA596220001 Less: Current taxes on income, wealth, etc. (paid) 0.0 0.0 0.0 0.0 23

24 FA596403105 Plus: Other current transfers received, net 0.0 0.0 0.1 0.0 24

25 FA596012005 Equals: Disposable income, net 0.0 0.0 0.1 0.0 25

26 FA596012005 Equals: Net saving 0.0 0.0 0.1 0.0 26

 Capital account

27 FA596006385 Net saving less capital transfers 0.0 0.0 0.1 0.0 27

28 FA596012005 Net saving 0.0 0.0 0.1 0.0 28

29 FA595440083 Less: Capital transfers (net) 0.0 0.0 0.0 0.0 29

30 FA595015085 Capital formation, net 0.0 0.0 0.0 0.0 30

31 FA595013081 Gross fixed capital formation (nonresidential) 0.0 0.0 0.0 0.0 31

32 FA596300081 Less: Consumption of fixed capital 0.0 0.0 0.0 0.0 32

33 FA595000995 Net lending (+) or borrowing (-), capital account (lines 27-30) 0.0 0.0 0.1 0.0 33

 Addenda:

34 FA596403105 Other current transfers received, net (line 24) 0.0 0.0 0.1 0.0 34

35 FA596403115 Contributions received 1227.0 1269.9 1299.6 1325.6 35

36 FA596403125 Claims to pension benefits 749.2 770.3 786.2 808.6 36

37 FA596403133 Actual employer contributions 525.8 539.1 546.5 554.1 37

38 FA596403143 Imputed employer contributions -51.5 -59.1 -60.1 -60.2 38

39 FA596403153 Actual household contributions 295.2 311.9 322.3 337.7 39

40 FA596403013 Less: pension service charges for defined benefit (DB) plans 20.3 21.6 22.5 23.0 40

41 FA596403163 Household pension contribution supplements 482.6 504.7 519.1 523.2 41

42 FA596403023 Less: pension service charge for defined contribution (DC) plans 4.8 5.1 5.7 6.2 42

43 FA596403033 Less: benefit payments and withdrawals 864.7 945.5 1009.6 1068.8 43

44 FA596403043 Less: net change in benefit entitlements from DB plans 207.2 177.2 131.6 87.8 44

45 FA596403053 Less: net change in assets from current transaction for DC plans 155.1 147.2 158.3 169.0 45

 Financial account

46 FA595000995 Net lending (+) or borrowing (-) (line 33) 0.0 0.0 0.1 0.0 46

47 FA594090005 Net acquisition of financial assets 455.9 503.3 462.0 448.0 47

48 FA594000005 Currency and deposits 9.5 -8.7 6.9 5.8 48

49 FA593020005 Currency and transferable deposits 6.0 -1.7 -0.5 1.2 49

50 FA593030005 Time and savings deposits 3.5 -7.0 7.4 4.6 50

51 FA594022005 Debt securities 181.2 200.3 284.6 153.5 51

52 FA593069105 Open market paper 4.3 -8.5 8.9 5.9 52

53 FA593061105 Treasury securities 144.3 129.3 119.5 87.1 53

54 FA593061705 Agency- and GSE-backed securities (2) -35.9 -21.7 -4.7 -15.7 54

55 FA593062005 Municipal securities -0.5 0.3 1.5 1.1 55

56 FA593063005 Corporate and foreign bonds 69.2 100.9 159.4 75.0 56
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FFA Coded Tables, December 10, 2015 167

S.64.a Pension Funds

Billions of dollars

2011 2012 2013 2014

 

57 FA594035005 Loans -5.0 -0.4 -0.6 0.4 57

58 FA592051005 Short term 0.1 -0.6 0.6 0.5 58

59 FA593065005 Long term (mortgages) -5.2 0.2 -1.2 -0.1 59

60 FA593081005 Equity and investment fund shares -107.3 -58.3 -199.2 -64.2 60

61 FA593064105 Corporate equities -139.6 -100.3 -354.0 -186.0 61

62 FA593064205 Mutual fund shares 15.0 62.9 138.8 125.5 62

63 FA593034005 Money market mutual fund shares 17.2 -20.8 16.0 -3.8 63

64 FA593052025 Insurance, pension and standardized guarantee schemes 332.6 339.4 331.8 321.5 64

65 FA593093005 Other accounts receivable 45.0 30.9 38.5 31.1 65

66 FA594190005 Net incurrence of liabilities (pension entitlements) 455.9 503.5 462.2 448.3 66

 Addendum:

67 FA595000005 Net lending (+) or borrowing (-), financial account (lines 47-66) 0.1 -0.2 -0.2 -0.3 67

 Other changes in volume account

68 FV598090185 Total other volume changes 30.9 -405.6 -929.3 -370.9 68

69 FV592010095 Disaster losses 0.0 0.0 0.0 0.0 69

70 FV598090085 Other volume changes 30.9 -405.4 -929.0 -370.5 70

71 FU597005045 Less: Statistical discrepancy (lines 33-67) (3) -0.1 0.2 0.3 0.3 71

 Revaluation account

72 FR592010095 Nonfinancial assets 0.2 0.1 0.2 0.2 72

73 FR595013665 Structures (nonresidential) 0.2 0.1 0.2 0.2 73

74 FR595013265 Equipment 0.0 -0.0 0.0 0.0 74

75 FR595013765 Intellectual property products 0.0 0.0 0.0 0.0 75

76 FR593081005 Financial assets -153.4 719.6 1626.9 585.9 76

77 FR593064105 Corporate equities -53.2 502.7 1176.7 457.0 77

78 FR593064205 Mutual fund shares -100.2 217.0 450.3 128.9 78

79 FR594190005 Liabilities (pension entitlements) -118.1 327.2 719.4 228.1 79

80 FR598200005 Changes in net worth due to nominal holding gains/losses -35.1 392.5 907.7 358.0 80

 Changes in balance sheet account

81 FC592090095 Change in net worth (lines 30+33+68+80) -4.1 -13.1 -21.5 -12.9 81

 Balance sheet account (end of period)

82 FL592000095 Total assets 14915.6 15753.6 16911.6 17615.8 82

83 FL592010095 Nonfinancial assets (4) 6.3 6.6 7.0 7.5 83

84 FL595013665 Structures (nonresidential) 6.2 6.4 6.8 7.3 84

85 FL595013265 Equipment 0.1 0.1 0.1 0.1 85

86 FL595013765 Intellectual property products 0.0 0.0 0.0 0.0 86

87 FL594090005 Financial assets 14909.3 15747.1 16904.6 17608.3 87

88 FL594000005 Currency and deposits 91.5 82.8 89.7 95.5 88

89 FL593020005 Currency and transferable deposits 22.5 20.8 20.3 21.6 89

90 FL593030005 Time and savings deposits 69.0 62.0 69.4 73.9 90

91 FL594022005 Debt securities 3093.2 3293.5 3578.1 3731.6 91

92 FL593069105 Open market paper 84.7 76.2 85.1 91.0 92

93 FL593061105 Treasury securities 1791.1 1920.4 2039.9 2127.0 93

94 FL593061705 Agency- and GSE-backed securities (2) 318.4 296.8 292.0 276.3 94

95 FL593062005 Municipal securities 1.8 2.1 3.6 4.7 95

96 FL593063005 Corporate and foreign bonds 897.2 998.1 1157.5 1232.5 96

97 FL594035005 Loans 38.9 38.5 37.9 38.3 97

98 FL592051005 Short term 6.0 5.5 6.1 6.6 98

99 FL593065005 Long term (mortgages) 32.9 33.1 31.8 31.7 99

100 FL593081005 Equity and investment fund shares 6268.3 6929.6 8357.3 8879.0 100

101 LM593064105 Corporate equities 3662.7 4065.1 4887.7 5158.6 101

102 LM593064205 Mutual fund shares 2410.1 2689.9 3279.0 3533.4 102

103 FL593034005 Money market fund shares 195.5 174.6 190.7 186.9 103

104 FL593052025 Insurance, pension and standardized guarantee schemes 4745.1 4699.3 4099.8 4091.1 104

105 FL593093005 Other accounts receivable 672.4 703.3 741.8 772.9 105
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168 FFA Coded Tables, December 10, 2015

S.64.a Pension Funds

Billions of dollars

2011 2012 2013 2014

 

106 FL592000095 Total liabilities and net worth 14915.6 15753.6 16911.6 17615.8 106

107 FL594190005 Liabilities (pension entitlements) 15056.6 15907.7 17087.2 17804.2 107

108 FL592090095 Net worth -141.0 -154.0 -175.6 -188.5 108

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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FFA Coded Tables, December 10, 2015 169

S.65.a Other Financial Business

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA856902505 Gross value added 551.2 641.7 616.6 669.9 1

 2 FA856300085 Less: Consumption of fixed capital 109.0 113.3 119.7 126.6 2

 3 FA856902605 Equals: Net value added 442.3 528.3 496.9 543.3 3

 4 FA856025005 Compensation of employees (paid) 318.8 328.4 333.7 371.5 4

 5 FA856020005 Wages and salaries 270.3 279.8 284.3 317.7 5

 6 FA856401005 Employers’ social contributions 48.5 48.6 49.4 53.8 6

 7 FA856240105 Taxes on production and imports less subsidies 25.6 26.5 24.3 24.3 7

 8 FA856402105 Operating surplus, net 97.9 173.4 139.0 147.5 8

 9 FA856140005 Net national income/Balance of primary incomes, net 95.4 87.3 -59.5 38.0 9

10 FA856402105 Operating surplus, net 97.9 173.4 139.0 147.5 10

11 FA856150105 Property income (received) 894.8 855.3 819.1 840.5 11

12 FA856130105 Interest 672.8 614.7 532.7 510.7 12

13 FA856121105 Distributed income of corporations (dividends) 188.0 212.7 256.2 298.2 13

14 FA853092285 Reinvested earnings on U.S. direct investment abroad 34.0 27.9 30.1 31.6 14

15 FA856150005 Less: Uses of property income (paid) 897.3 941.4 1017.5 950.0 15

16 FA856130005 Interest 616.8 592.9 536.2 539.9 16

17 FA856120005 Distributed income of corporations 272.0 340.1 473.3 401.7 17

18 FA856121005 Dividends 220.6 275.9 429.9 354.8 18

19 FA856122005 Withdrawals from income of quasi-corporations (1) 51.4 64.2 43.4 46.9 19

20 FA853192285 Reinvested earnings on foreign direct investment 8.5 8.4 8.0 8.4 20

21 FA856112005 Rents on land and natural resources 0.0 0.0 0.0 0.0 21

22 FA856140005 Net national income/Balance of primary incomes, net 95.4 87.3 -59.5 38.0 22

23 FA856220005 Less: Current taxes on income, wealth, etc. (paid) 28.4 32.9 44.4 43.3 23

24 FA856403005 Less: Other current transfers (paid) 26.9 34.2 37.6 42.7 24

25 FA856012005 Equals: Disposable income, net 40.1 20.2 -141.6 -48.0 25

26 FA856012005 Equals: Net saving 40.1 20.2 -141.6 -48.0 26

 Capital account

27 FA856006385 Net saving less capital transfers 72.2 24.9 -141.6 -58.0 27

28 FA856012005 Net saving 40.1 20.2 -141.6 -48.0 28

29 FA855440085 Less: Capital transfers paid (net) -32.1 -4.7 0.0 10.0 29

30 FA855015085 Capital formation, net 6.4 21.6 26.7 32.0 30

31 FA855013085 Gross fixed capital formation (nonresidential) 115.4 134.9 146.4 158.6 31

32 FA856300085 Less: Consumption of fixed capital 109.0 113.3 119.7 126.6 32

33 FA855000995 Net lending (+) or borrowing (-), capital account (lines 27-30) 65.8 3.4 -168.3 -90.0 33

 Financial account

34 FA855000995 Net lending (+) or borrowing (-) (line 33) 65.8 3.4 -168.3 -90.0 34

35 FA854090005 Net acquisition of financial assets 174.1 671.0 835.2 937.4 35

36 FA854000005 Currency and deposits -84.8 8.4 68.9 -21.4 36

37 FA854022005 Debt securities 367.3 578.9 31.3 298.1 37

38 FA853069175 Open market paper -68.9 -4.0 7.8 -23.9 38

39 FA853061105 Treasury securities 288.1 135.5 -30.0 -116.3 39

40 FA853061705 Agency- and GSE-backed securities (2) 208.8 84.4 -168.4 121.8 40

41 FA853062005 Municipal securities -24.7 64.3 -55.8 18.4 41

42 FA853063005 Corporate and foreign bonds -36.0 298.7 277.8 298.0 42

43 FA854035005 Loans -62.2 158.1 -12.4 203.4 43

44 FA854041005 Short term -1.6 250.4 -113.3 182.1 44

45 FA813065005 Long term (mortgages) -60.6 -92.3 100.9 21.4 45

46 FA813081005 Equity and investment fund shares 79.8 158.4 374.6 473.4 46

47 FA813064105 Corporate equities 43.9 95.9 331.8 268.0 47

48 FA503034003 Money market mutual fund shares -83.4 -62.4 -61.5 13.4 48

49 FA803092005 U.S. direct investment abroad 16.9 15.8 10.3 15.1 49

50 FA793094005 Investment in subsidiaries 102.4 109.1 94.0 176.9 50

51 FA733040005 Insurance, pension and standardized guarantee schemes 2.4 7.3 5.1 5.0 51

52 FA853096005 Other accounts receivable -128.4 -240.3 367.9 -21.2 52

53 FA854190005 Net incurrence of liabilities 120.0 602.8 740.7 861.0 53

54 FA403197033 Currency and deposits -1.8 1.2 -3.2 -1.5 54
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170 FFA Coded Tables, December 10, 2015

S.65.a Other Financial Business

Billions of dollars

2011 2012 2013 2014

 

55 FA814122005 Debt securities -345.9 -191.3 201.8 206.0 55

56 FA423161705 Agency- and GSE-backed securities (2) -21.9 -22.4 239.9 150.6 56

57 FA813163005 Corporate bonds -248.2 -143.3 -17.1 86.8 57

58 FA813169105 Commercial paper -75.8 -25.6 -21.1 -31.4 58

59 FA814135005 Loans 246.3 141.6 -409.0 -132.1 59

60 FA814141005 Short term 232.9 136.8 -416.8 -145.9 60

61 FA643165005 Long term (mortgages) 13.5 4.8 7.8 13.8 61

62 FA853181005 Equity and investment fund shares 448.9 898.4 915.4 893.5 62

63 FA634090005 Money market mutual fund shares -112.8 7.1 28.9 9.6 63

64 FA813164105 Corporate equity issues 177.5 178.3 172.8 247.4 64

65 FA653164205 Mutual fund shares 338.4 624.9 638.2 596.6 65

66 FA403192405 Equity in government-sponsored enterprises (2) -5.9 -1.8 0.5 1.2 66

67 FA803192005 Foreign direct investment in the United States 24.9 12.8 9.1 7.7 67

68 FA662090205 Equity in noncorporate business -2.9 6.7 -5.6 2.0 68

69 FA803194005 Investment by parent 29.8 70.4 71.5 29.0 69

70 FA813196005 Other accounts payable -227.5 -247.1 35.7 -104.9 70

 Addendum:

71 FA855000005 Net lending (+) or borrowing (-), financial account (lines 35-53) 54.1 68.2 94.5 76.4 71

 Other changes in volume account

72 FV858090185 Total other volume changes -9.7 325.9 151.1 159.9 72

73 FV812010095 Disaster losses 0.0 -1.3 0.0 0.0 73

74 FV858090085 Other volume changes 2.0 262.4 -111.7 -6.5 74

75 FU857005045 Less: Statistical discrepancy (lines 33-71) (3) 11.7 -64.8 -262.8 -166.4 75

 Revaluation account

76 FR812010095 Nonfinancial assets 26.2 12.5 20.6 18.9 76

77 FR815013665 Structures (nonresidential) 18.5 9.2 17.5 14.7 77

78 FR815013265 Equipment 7.1 3.0 1.9 4.2 78

79 FR815013765 Intellectual property products 0.6 0.3 1.2 -0.0 79

80 FR813081085 Financial assets -449.7 843.4 1792.6 524.7 80

81 FR813064105 Corporate equities -411.0 844.0 1794.9 535.0 81

82 FR803092005 U.S. direct investment abroad -38.7 -0.7 -2.3 -10.2 82

83 FR813181085 Liabilities -591.9 1212.4 2591.0 950.9 83

84 FR813164105 Corporate equity issues -218.3 502.4 1021.4 497.8 84

85 FR653164205 Mutual fund shares -340.4 720.3 1571.0 456.7 85

86 FR803192005 Foreign direct investment in the United States -31.7 -8.8 -5.6 -3.1 86

87 FR662090205 Equity in noncorporate business -1.2 -1.3 4.2 -0.5 87

88 FR803194005 Investment by parent -0.3 -0.1 0.0 0.0 88

89 FR818200005 Changes in net worth due to nominal holding gains/losses 168.4 -356.4 -777.8 -407.3 89

 Changes in balance sheet account

90 FC852090095 Change in net worth (lines 30+33+72+89) 230.8 -5.6 -768.2 -305.4 90

 Balance sheet account (end of period)

91 FL852000095 Total assets 33043.5 35595.8 37804.6 39298.6 91

92 FL812010095 Nonfinancial assets (4) 987.3 1017.9 1065.0 1115.0 92

93 FL815013665 Structures (nonresidential) 552.0 556.6 569.3 581.2 93

94 FL815013265 Equipment 347.9 369.8 400.5 435.4 94

95 FL815013765 Intellectual property products 87.4 91.5 95.2 98.4 95

96 FL854090005 Financial assets 32056.2 34577.9 36739.6 38183.6 96

97 FL854000005 Currency and deposits 900.2 931.0 999.8 978.4 97

98 FL854022005 Debt securities 7150.6 7821.7 7766.0 8065.1 98

99 FL853069175 Open market paper 565.6 561.5 569.0 546.1 99

100 FL853061105 Treasury securities 1297.6 1445.2 1415.1 1298.8 100

101 FL853061705 Agency- and GSE-backed securities (2) 1985.9 2084.4 1907.5 2029.3 101

102 FL853062005 Municipal securities 1041.6 1105.8 1050.1 1068.4 102

103 FL853063005 Corporate and foreign bonds 2259.9 2624.8 2824.4 3122.4 103

104 FL854035005 Loans 12732.5 12955.8 12844.7 13020.7 104

105 FL854041005 Short term 4533.0 4958.5 4818.3 5000.3 105

106 FL813065005 Long term (mortgages) 8199.5 7997.4 8026.5 8020.4 106
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FFA Coded Tables, December 10, 2015 171

S.65.a Other Financial Business

Billions of dollars

2011 2012 2013 2014

 

107 FL813081005 Equity and investment fund shares 9777.2 11205.7 13321.9 14320.1 107

108 LM813064105 Corporate equities 5490.0 6430.0 8556.7 9359.7 108

109 FL503034003 Money market fund shares 520.7 458.3 396.8 410.3 109

110 FL803092005 U.S. direct investment abroad 423.5 438.6 446.6 451.5 110

111 FL793094005 Investment in subsidiaries 3343.0 3878.8 3921.7 4098.6 111

112 FL733040005 Insurance, pension and standardized guarantee schemes 27.6 34.9 39.9 45.0 112

113 FL853096005 Other accounts receivable 1468.2 1628.9 1767.2 1754.4 113

114 FL852100005 Total liabilities and net worth 33043.5 35595.8 37804.6 39298.6 114

115 FL854194005 Liabilities 32318.7 34876.7 37853.7 39653.1 115

116 FL403197033 Currency and deposits 12.6 13.7 10.6 9.1 116

117 FL814122005 Debt securities 12602.7 12535.3 12669.9 12848.6 117

118 FL423161705 Agency- and GSE-backed securities (2) 7552.1 7529.7 7769.7 7920.2 118

119 FL813163005 Corporate bonds 4663.3 4643.9 4559.7 4619.2 119

120 FL813169105 Commercial paper 387.2 361.6 340.5 309.1 120

121 FL814135005 Loans 3692.0 3896.3 3487.4 3363.1 121

122 FL814141005 Short term 3502.5 3702.0 3285.2 3139.3 122

123 FL643165005 Long term (mortgages) 189.5 194.4 202.2 223.8 123

124 FL853181005 Equity and investment fund shares 15353.1 17968.6 21445.0 23289.4 124

125 FL634090005 Money market fund shares 2642.5 2649.6 2678.5 2688.1 125

126 LM813164105 Corporate equity issues 3241.2 3921.9 5116.1 5861.3 126

127 LM653164205 Mutual fund shares 7870.9 9326.1 11535.2 12588.5 127

128 FL403192405 Equity in government-sponsored enterprises (2) 43.1 41.2 41.7 42.9 128

129 FL803192005 Foreign direct investment in the United States 207.8 211.7 215.2 219.7 129

130 FL662090205 Equity in noncorporate business 11.9 17.3 15.9 17.5 130

131 FL803194005 Investment by parent 1335.8 1800.8 1842.3 1871.3 131

132 FL813196005 Other accounts payable 658.4 462.8 240.9 142.9 132

133 FL852090095 Net worth 724.8 719.1 -49.1 -354.4 133

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes land. Includes corporate and noncorporate financial business.
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172 FFA Coded Tables, December 10, 2015

S.7.a Federal Government

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA316902505 Gross value added 720.9 723.7 715.1 723.9 1

 2 FA316300003 Less: Consumption of fixed capital 257.4 264.3 267.7 270.7 2

 3 FA316902605 Equals: Net value added 463.5 459.4 447.3 453.2 3

 4 FA316025001 Compensation of employees (paid) 470.6 468.3 458.7 462.9 4

 5 FA316020001 Wages and salaries 331.7 327.7 320.4 324.0 5

 6 FA316401005 Employers’ social contributions 138.9 140.7 138.2 138.8 6

 7 FA316402101 Operating surplus, net -7.1 -8.9 -11.3 -9.7 7

 8 FA316140005 Net national income/Balance of primary incomes, net -327.3 -321.6 -197.2 -294.6 8

 9 FA316402101 Operating surplus, net -7.1 -8.9 -11.3 -9.7 9

10 FA316240001 Taxes on production and imports, receivable 108.6 115.1 125.8 137.8 10

11 FA316402015 Subsidies (paid) -59.5 -57.6 -58.9 -57.4 11

12 FA316150195 Property income (received) 56.4 52.6 163.2 74.8 12

13 FA316130101 Interest 27.7 21.3 22.8 23.4 13

14 FA316121101 Distributed income of corporations (dividends) 18.8 21.1 131.3 40.7 14

15 FA316112101 Rents on land and natural resources 9.9 10.2 9.1 10.6 15

16 FA316130095 Less: Uses of property income (interest paid) 425.7 422.9 416.1 440.1 16

17 FA316140005 Net national income/Balance of primary incomes, net -327.3 -321.6 -197.2 -294.6 17

18 FA316220001 Plus: Current taxes on income, wealth, etc. (received) 1445.2 1546.0 1699.1 1836.5 18

19 FA316601001 Plus: Social benefits (received) 904.0 938.1 1093.4 1145.2 19

20 FA316404001 Less: Social contributions (paid) 1796.9 1801.5 1842.0 1896.8 20

21 FA316403105 Plus: Other current transfers (received) 67.1 56.1 71.1 80.6 21

22 FA316403001 Less: Other current transfers (paid) 530.1 499.3 504.0 547.2 22

23 FA316012005 Equals: Disposable income, net -238.1 -82.2 320.3 323.8 23

24 FA316901001 Less: Final consumption expenditures 1006.1 1007.8 961.3 955.3 24

25 FA316006085 Equals: Net saving -1244.1 -1090.1 -640.9 -631.5 25

 Capital account

26 FA316006385 Net saving less capital transfers -1358.0 -1175.0 -699.1 -690.3 26

27 FA316006085 Net saving -1244.1 -1090.1 -640.9 -631.5 27

28 FA315440005 Less: Capital transfers paid (net) 113.9 85.0 58.1 58.8 28

29 FA315050905 Capital formation, net 39.1 18.4 -0.8 -8.8 29

 Gross fixed capital formation (acquisition of

30 FA315019003 produced nonfinancial assets) 297.4 284.7 269.4 264.6 30

31 FA316300003 Less: Consumption of fixed capital 257.4 264.3 267.7 270.7 31

32 FA315420003 Acquisition of nonproduced nonfinancial assets -0.9 -2.0 -2.4 -2.7 32

33 FA315000995 Net lending (+) or borrowing (-), capital account (lines 26-29) -1397.1 -1193.4 -698.3 -681.4 33

 Financial account

34 FA315000995 Net lending (+) or borrowing (-) (line 33) -1397.1 -1193.4 -698.3 -681.4 34

35 FA314090005 Net acquisition of financial assets -150.7 126.5 221.5 165.6 35

36 FA313011105 Monetary gold and SDRs -1.8 0.0 0.0 0.0 36

37 FA313011205 Monetary gold 0.0 0.0 0.0 0.0 37

38 FA313011303 SDR holdings -1.8 0.0 0.0 0.0 38

39 FA314000005 Currency and deposits -239.9 11.1 65.8 57.2 39

40 FA313011505 Official foreign currencies -0.2 0.2 0.2 0.1 40

41 FA313011405 Reserve position in IMF (net) 18.2 4.0 -3.4 -3.9 41

42 FA313020005 Currency and transferable deposits -257.6 6.7 69.6 60.8 42

43 FA313030003 Time and savings deposits -0.3 0.2 -0.5 0.2 43

44 FA313091105 Nonofficial foreign currencies 0.0 0.0 -0.0 0.0 44

45 FA314022005 Debt securities -118.2 -31.3 -0.1 -0.0 45

46 FA313061703 Agency- and GSE-backed securities -118.1 -31.1 0.0 0.0 46

47 FA313063763 Corporate and foreign bonds -0.1 -0.2 -0.1 -0.0 47

48 FA314023005 Loans 136.5 136.2 124.2 115.3 48

49 FA314041005 Short term 133.2 134.5 120.3 113.6 49

50 FA313066220 Consumer credit 128.5 132.1 113.1 111.1 50

51 FA313069005 Other loans and advances 4.8 2.4 7.2 2.5 51

52 FA313065005 Long term (mortgages) 3.3 1.6 4.0 1.7 52

53 FA313081115 Equity and investment fund shares 43.5 -10.7 -2.6 0.7 53

54 FA313064105 Corporate equities 40.3 -13.2 -4.8 -1.6 54

55 FA313092803 Equity in international organizations 2.6 2.4 2.2 2.3 55

56 FA313092403 Equity in government-sponsored enterprises (1) 0.0 0.0 0.0 0.0 56

57 FA313094303 Equity investment under Public-Private Inv. Program 0.7 0.0 0.0 0.0 57
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FFA Coded Tables, December 10, 2015 173

S.7.a Federal Government

Billions of dollars

2011 2012 2013 2014

 

58 FA313096005 Other accounts receivable 29.1 21.2 34.1 -7.6 58

59 FA313070000 Trade receivables 4.8 2.6 3.3 2.2 59

60 FA313078005 Taxes receivable 25.6 22.0 27.2 -19.9 60

61 FA313093003 Other (miscellaneous assets) -1.3 -3.5 3.7 10.2 61

62 FA314190005 Net incurrence of liabilities 1201.7 1249.7 881.0 790.8 62

63 FA313111303 SDR allocations 0.0 0.0 0.0 0.0 63

64 FA314100005 Currency and deposits 0.0 0.0 -0.4 -0.3 64

65 FA314122005 Debt securities 1138.7 1180.6 857.3 735.9 65

66 FA313161105 Treasury securities 1137.6 1181.0 857.7 736.0 66

67 FA313161705 Federal agency securities 1.1 -0.4 -0.4 -0.1 67

68 FA313165403 Loans (mortgages) 0.0 0.0 0.0 0.0 68

69 FA313152005 Insurance, pension and standardized guarantee schemes 40.6 64.0 3.1 33.9 69

70 FA313140003 Insurance reserves 1.3 0.3 0.2 0.8 70

71 FA313195105 Retiree Health Care Funds 18.5 13.3 12.2 10.4 71

72 FA343073005 Claims of pension fund on sponsor 20.8 50.4 -9.3 22.8 72

73 FA313196005 Other accounts payable 22.4 5.1 21.0 21.2 73

74 FA713014003 SDR certificates 0.0 0.0 0.0 0.0 74

75 FA313170005 Trade payables 8.8 13.4 19.7 18.2 75

76 FA313193005 Other (miscellaneous liabilities) 13.6 -8.3 1.3 3.0 76

 Addendum:

77 FA315000005 Net lending (+) or borrowing (-), financial account (lines 35-62) -1352.4 -1123.2 -659.5 -625.2 77

 Other changes in volume account

78 FV318090185 Total other volume changes 48.5 50.5 25.2 92.3 78

79 FV312010095 Disaster losses 0.0 0.0 0.0 -0.0 79

80 FV318090085 Other volume changes 3.8 -19.8 -13.6 36.2 80

81 FU317005045 Less: Statistical discrepancy (lines 33-77) (2) -44.7 -70.2 -38.8 -56.2 81

 Revaluation account

82 FR312010095 Nonfinancial assets 69.3 50.0 67.5 58.4 82

83 FR315014665 Structures 49.4 36.2 49.1 37.1 83

84 FR315013265 Equipment 12.2 2.0 1.9 7.1 84

85 FR315013765 Intellectual property products 7.7 11.9 16.5 14.2 85

86 FR318080005 Financial assets -33.2 -4.7 0.1 -5.0 86

87 FR313011105 Monetary gold and SDRs -0.1 0.1 0.1 -3.3 87

88 FR314000005 Currency and deposits -0.5 0.0 0.0 -1.7 88

89 FR313064105 Corporate equities -32.4 -4.7 0.0 0.0 89

90 FR313094303 Equity investment under Public-Private Inv. Program -0.2 -0.1 0.0 0.0 90

91 FR313111303 Liabilities -0.2 0.1 0.1 -3.2 91

92 FR313111303 SDR allocations -0.2 0.1 0.1 -3.2 92

93 FR318200005 Changes in net worth due to nominal holding gains/losses 36.4 45.3 67.6 56.6 93

 Changes in balance sheet account

94 FC312090095 Change in net worth (lines 29+33+78+93) -1273.2 -1079.3 -606.3 -541.3 94

 Balance sheet account (end of period)

95 FL312000095 Total assets 4478.1 4654.0 4924.9 5164.8 95

96 FL312010095 Nonfinancial assets (3) 3066.8 3137.2 3206.4 3258.6 96

97 FL315014665 Structures 1406.9 1439.8 1480.6 1507.9 97

98 FL315013265 Equipment 711.0 726.6 732.7 742.0 98

99 FL315013765 Intellectual property products 948.9 970.8 993.1 1008.7 99

100 FL314090005 Financial assets 1411.3 1516.8 1718.5 1906.2 100

101 FL313011105 Monetary gold and SDRs 55.0 55.1 55.2 51.9 101

102 FL313011205 Monetary gold 0.0 0.0 0.0 0.0 102

103 FL313011303 SDR holdings 55.0 55.1 55.2 51.9 103
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174 FFA Coded Tables, December 10, 2015

S.7.a Federal Government

Billions of dollars

2011 2012 2013 2014

 

104 FL314000005 Currency and deposits 144.8 155.9 221.8 277.2 104

105 FL313011505 Official foreign currencies 25.6 24.7 23.6 20.7 105

106 FL313011405 Reserve position in IMF (net) 30.3 34.4 31.0 25.3 106

107 FL313020005 Currency and transferable deposits 84.6 92.2 163.0 226.8 107

108 FL313030003 Time and savings deposits 1.7 2.0 1.5 1.7 108

109 FL313091105 Nonofficial foreign currencies 2.6 2.6 2.6 2.6 109

110 FL314022005 Debt securities 31.9 0.6 0.6 0.5 110

111 FL313061703 Agency- and GSE-backed securities 31.1 0.0 0.0 0.0 111

112 FL313063763 Corporate and foreign bonds 0.8 0.6 0.6 0.5 112

113 FL314023005 Loans 778.3 914.4 1038.7 1154.0 113

114 FL314041005 Short term 668.4 802.9 923.2 1036.8 114

115 FL313066220 Consumer credit 484.7 616.8 729.8 840.9 115

116 FL313069005 Other loans and advances 183.7 186.2 193.4 195.9 116

117 FL313065005 Long term (mortgages) 109.9 111.5 115.5 117.2 117

118 FL313081115 Equity and investment fund shares 117.6 102.1 99.5 100.2 118

119 LM313064105 Corporate equities 57.8 39.9 35.1 33.4 119

120 FL313092803 Equity in international organizations 55.4 57.8 60.0 62.4 120

121 FL313092403 Equity in government-sponsored enterprises (1) 0.0 0.0 0.0 0.0 121

122 FL313094303 Equity investment under Public-Private Inv. Program 4.4 4.4 4.4 4.4 122

123 FL313096005 Other accounts receivable 283.7 288.7 302.8 322.4 123

124 FL313070000 Trade receivables 47.7 50.3 53.6 55.8 124

125 FL313078005 Taxes receivable 152.8 158.6 165.8 173.0 125

126 FL313093003 Other (miscellaneous assets) 83.2 79.8 83.4 93.6 126

127 FL312000095 Total liabilities and net worth 4478.1 4654.0 4924.9 5164.8 127

128 FL314190005 Liabilities 13991.3 15246.5 16123.7 16904.9 128

129 FL313111303 SDR allocations 54.2 54.3 54.4 51.2 129

130 FL314100005 Currency and deposits 25.9 25.9 25.6 25.3 130

131 FL314122005 Debt securities 11667.3 12847.8 13705.1 14441.1 131

132 FL313161105 Treasury securities 11642.0 12822.9 13680.6 14416.7 132

133 FL313161705 Federal agency securities 25.3 24.9 24.5 24.4 133

134 FL313165403 Loans (mortgages) 0.0 0.0 0.0 0.0 134

135 FL313152005 Insurance, pension and standardized guarantee schemes 2017.0 2078.6 2079.5 2110.6 135

136 FL313140003 Insurance reserves 50.0 50.3 50.5 51.3 136

137 FL313195105 Retiree Health Care Funds 221.4 234.8 246.9 257.3 137

138 FL343073005 Claims of pension fund on sponsor 1745.6 1793.6 1782.1 1802.0 138

139 FL313196005 Other accounts payable 226.9 239.8 259.1 276.7 139

140 FL713014003 SDR certificates 5.2 5.2 5.2 5.2 140

141 FL313170005 Trade payables 218.5 231.9 251.6 269.8 141

142 FL313193013 Other (miscellaneous liabilities) 3.2 2.8 2.3 1.8 142

143 FL312090095 Net worth -9513.2 -10592.5 -11198.8 -11740.1 143

Note. The Federal government accounts exclude Federal employee retirement funds.

(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(3) Excludes land and nonproduced nonfinancial assets.

IMF International Monetary Fund

SDRs Special Drawing Rights
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FFA Coded Tables, December 10, 2015 175

S.8.a State and Local Governments

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA206902505 Gross value added 1471.4 1496.5 1533.6 1574.5 1

 2 FA206300003 Less: Consumption of fixed capital 222.2 231.9 238.5 246.1 2

 3 FA206902605 Equals: Net value added 1249.2 1264.6 1295.1 1328.4 3

 4 FA206025001 Compensation of employees (paid) 1266.5 1275.0 1302.6 1337.0 4

 5 FA206020001 Wages and salaries 863.1 870.6 887.2 913.2 5

 6 FA206401005 Employers’ social contributions 403.5 404.4 415.4 423.8 6

 7 FA206402101 Operating surplus, net -17.4 -10.4 -7.5 -8.6 7

 8 FA206140005 Net national income/Balance of primary incomes, net 864.6 880.3 918.4 961.2 8

 9 FA206402101 Operating surplus, net -17.4 -10.4 -7.5 -8.6 9

10 FA206240001 Taxes on production and imports, receivable 994.0 1016.9 1052.2 1075.9 10

11 FA206402015 Subsidies (paid) -0.5 -0.5 -0.5 -0.5 11

12 FA206150195 Property income (received) 79.2 75.4 74.3 75.7 12

13 FA206130101 Interest 64.8 59.8 58.0 58.7 13

14 FA206121101 Distributed income of corporations (dividends) 2.6 3.3 3.7 3.8 14

15 FA206112101 Rents on land and natural resources 11.7 12.3 12.6 13.2 15

16 FA206130095 Less: Uses of property income (interest paid) 190.7 201.2 200.1 181.4 16

17 FA206140005 Net national income/Balance of primary incomes, net 864.6 880.3 918.4 961.2 17

18 FA206220005 Plus: Current taxes on income, wealth, etc. (received) 374.3 399.2 427.6 441.6 18

19 FA206601001 Plus: Social benefits (received) 18.2 18.0 18.6 18.9 19

20 FA206404001 Less: Social contributions (paid) 530.4 540.0 562.3 609.9 20

21 FA206403105 Plus: Other current transfers (received) 582.1 558.0 571.2 621.5 21

22 FA206403001 Less: Other current transfers (paid) 0.0 0.0 0.0 0.0 22

23 FA206012005 Equals: Disposable income, net 1308.9 1315.5 1373.6 1433.3 23

24 FA206901001 Less: Final consumption expenditures 1524.8 1536.3 1560.7 1601.0 24

25 FA206006095 Equals: Net saving -215.9 -220.8 -187.1 -167.7 25

 Capital account

26 FA206006395 Net saving less capital transfers -142.1 -146.6 -115.7 -96.7 26

27 FA206006095 Net saving -215.9 -220.8 -187.1 -167.7 27

28 FA205440005 Less: Capital transfers paid (net) -73.8 -74.2 -71.4 -71.0 28

29 FA205050905 Capital formation, net 127.6 107.0 94.0 95.1 29

 Gross fixed capital formation (acquisition of

30 FA205019001 produced nonfinancial assets) 340.5 329.7 322.9 331.3 30

31 FA206300003 Less: Consumption of fixed capital 222.2 231.9 238.5 246.1 31

32 FA205420003 Acquisition of nonproduced nonfinancial assets 9.2 9.1 9.6 9.9 32

33 FA205000995 Net lending (+) or borrowing (-), capital account (lines 26-29) -269.6 -253.6 -209.7 -191.8 33

 Financial account

34 FA205000995 Net lending (+) or borrowing (-) (line 33) -269.6 -253.6 -209.7 -191.8 34

35 FA214090005 Net acquisition of financial assets -28.9 65.0 -13.1 84.5 35

36 FA214000005 Currency and deposits 32.8 12.9 25.2 23.2 36

37 FA213020005 Currency and transferable deposits 16.6 -9.2 7.3 15.6 37

38 FA213030005 Time and savings deposits 16.2 22.1 17.9 7.6 38

39 FA214022005 Debt securities -62.4 17.1 -58.0 18.6 39

40 FA213069103 Open market paper -12.1 -7.8 -9.4 -7.2 40

41 FA213061105 Treasury securities -34.4 42.9 -17.9 36.0 41

42 FA213061703 Agency- and GSE-backed securities (1) -13.9 -20.4 -29.6 -15.1 42

43 FA213062003 Municipal securities 0.2 0.2 -0.1 0.4 43

44 FA213063003 Corporate and foreign bonds -2.2 2.2 -1.0 4.5 44

45 FA214035005 Loans -4.7 8.5 1.4 11.9 45

46 FA212051003 Short term -4.7 3.8 1.5 5.7 46

47 FA213065005 Long term (mortgages) -0.0 4.6 -0.1 6.2 47

48 FA213081005 Equity and investment fund shares -1.5 6.0 0.5 10.2 48

49 FA213034003 Money market fund shares 2.1 4.3 1.3 6.6 49

50 FA213064103 Corporate equities -3.4 1.1 -0.5 2.4 50

51 FA213064203 Mutual fund shares -0.2 0.6 -0.3 1.2 51

52 FA213096005 Other accounts receivable 6.9 20.6 17.9 20.6 52

53 FA213070003 Trade receivables 5.6 5.3 9.9 9.4 53

54 FA213078005 Taxes receivable 2.4 9.5 4.1 3.7 54

55 FA213093003 Other (miscellaneous assets) -1.1 5.8 3.8 7.4 55
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176 FFA Coded Tables, December 10, 2015

S.8.a State and Local Governments

Billions of dollars

2011 2012 2013 2014

 

56 FA214190005 Net incurrence of liabilities 302.0 345.0 243.5 262.2 56

57 FA213162005 Debt securities (municipals) -53.6 -5.7 -39.4 -14.0 57

58 FA213162400 Short term -10.6 3.8 -10.9 -6.7 58

59 FA213162200 Other -42.9 -9.4 -28.6 -7.4 59

60 FA213169203 Loans (short term) 0.9 0.4 0.5 0.4 60

61 FA223073045 Insurance, pension and standardized guarantee schemes 316.3 312.2 244.4 237.1 61

 (Claim of pension funds on sponsor)

62 FA213170003 Other accounts payable (trade payables) 38.4 38.1 38.0 38.8 62

 Addendum:

63 FA215000005 Net lending (+) or borrowing (-), financial account (lines 35-56) -330.9 -280.0 -256.6 -177.7 63

 Other changes in volume account

64 FV218090185 Total other volume changes -66.5 249.4 577.2 274.5 64

65 FV212010095 Disaster losses 0.0 -7.6 0.0 0.0 65

66 FV218090085 Other volume changes -5.2 283.4 624.1 260.4 66

67 FU217005045 Less: Statistical discrepancy (lines 33-63) (2) 61.3 26.4 46.9 -14.1 67

 Revaluation account

68 FR212010095 Nonfinancial assets 392.7 225.9 249.7 176.2 68

69 FR215014665 Structures 389.2 222.6 246.0 171.7 69

70 FR215013265 Equipment 1.6 1.9 1.8 3.0 70

71 FR215013765 Intellectual property products 1.9 1.4 1.9 1.5 71

72 FR213081005 Equity and investment fund shares 1.9 18.5 37.4 13.6 72

73 FR218200005 Changes in net worth due to nominal holding gains/losses 394.6 244.3 287.1 189.7 73

 Changes in balance sheet account

74 FC212090095 Change in net worth (lines 29+33+64+73) 186.0 347.1 748.5 367.5 74

 Balance sheet account (end of period)

75 FL212000095 Total assets 11813.2 12221.8 12577.5 12945.9 75

76 FL212010095 Nonfinancial assets (3) 9068.6 9384.7 9718.9 9980.2 76

77 FL215014665 Structures 8711.9 9022.9 9350.3 9603.7 77

78 FL215013265 Equipment 246.5 246.7 248.4 252.1 78

79 FL215013765 Intellectual property products 110.2 115.2 120.1 124.4 79

80 FL214090005 Financial assets 2744.6 2837.0 2858.6 2965.7 80

81 FL214000005 Currency and deposits 379.6 411.6 436.8 460.0 81

82 FL213020005 Currency and transferable deposits 121.4 117.6 124.9 140.5 82

83 FL213030005 Time and savings deposits 258.2 294.1 312.0 319.5 83

84 FL214022005 Debt securities 1331.1 1348.1 1290.1 1308.7 84

85 FL213069103 Open market paper 90.5 82.7 73.3 66.2 85

86 FL213061105 Treasury securities 561.3 604.2 586.3 622.3 86

87 FL213061703 Agency- and GSE-backed securities (1) 502.8 482.4 452.8 437.7 87

88 FL213062003 Municipal securities 13.2 13.3 13.2 13.6 88

89 FL213063003 Corporate and foreign bonds 163.3 165.4 164.4 168.9 89

90 FL214035005 Loans 323.3 329.8 330.1 341.4 90

91 FL212051003 Short term 121.0 124.8 126.3 132.0 91

92 FL213065005 Long term (mortgages) 202.4 205.1 203.8 209.4 92

93 FL213081005 Equity and investment fund shares 337.1 361.5 399.4 423.2 93

94 FL213034003 Money market fund shares 153.2 157.5 158.8 165.4 94

95 LM213064103 Corporate equities 124.8 138.1 162.2 173.6 95

96 LM213064203 Mutual fund shares 59.1 66.0 78.4 84.2 96

97 FL213096005 Other accounts receivable 373.5 385.9 402.2 432.4 97

98 FL213070003 Trade receivables 157.8 163.1 173.0 182.4 98

99 FL213078005 Taxes receivable 120.0 121.3 123.8 137.2 99

100 FL213093003 Other (miscellaneous assets) 95.7 101.5 105.3 112.8 100

101 FL212100005 Total liabilities and net worth 11813.2 12221.8 12577.5 12945.9 101

102 FL214190005 Liabilities 5457.3 5518.7 5125.9 5126.8 102
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FFA Coded Tables, December 10, 2015 177

S.8.a State and Local Governments

Billions of dollars

2011 2012 2013 2014

 

103 FL213162005 Debt securities (municipals) 2970.0 2964.3 2924.9 2910.9 103

104 FL213162400 Short term 52.3 56.1 45.3 38.6 104

105 FL213162200 Other 2917.6 2908.2 2879.6 2872.3 105

106 FL213169203 Loans (short term) 15.3 15.7 16.2 16.6 106

107 FL223073045 Insurance, pension and standardized guarantee schemes 1764.6 1793.3 1401.4 1377.1 107

 (Claim of pension funds on sponsor)

108 FL213170003 Other accounts payable (trade payables) 707.4 745.5 783.4 822.2 108

109 FL212090095 Net worth 6355.9 6703.1 7451.6 7819.1 109

Note. The state and local government accounts exclude state and local employee retirement funds.

(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(3) Excludes land and nonproduced nonfinancial assets.
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178 FFA Coded Tables, December 10, 2015

S.9.a Rest of the World 

Billions of dollars

2011 2012 2013 2014

 

 Current account

 1 FA266905095 Foreign income from U.S. 3485.8 3582.1 3616.9 3742.5 1

 2 FA266903001 U.S. imports of goods and services 2686.4 2763.8 2771.7 2871.9 2

 3 FA266904195 U.S. income payments to rest of world 546.0 563.9 575.8 591.2 3

 4 FA266400101 Current taxes and trans. payments to rest of world 253.4 254.3 269.5 279.4 4

 5 FA266900095 Less: Foreign outlays to U.S. 3004.2 3113.9 3221.2 3341.3 5

 6 FA266903011 U.S. exports of goods and services 2106.4 2198.2 2263.3 2341.9 6

 7 FA266904095 U.S. income receipts from rest of world 792.6 801.5 826.2 854.3 7

 8 FA266400201 Current taxes and trans. receipts from rest of world (1) 105.2 114.2 131.7 145.1 8

 9 FA266000095 Equals: Net saving (current external balance) 481.5 468.2 395.8 401.1 9

 Capital account

10 FA266000095 Net saving 481.5 468.2 395.8 401.1 10

11 FA265440005 Less: Net capital transfers -1.6 6.5 -0.8 -0.4 11

12 FA265420095 Less: Acquisition of nonproduced nonfinancial assets -0.0 -0.1 0.0 -0.0 12

13 FA265000905 Net lending (+) or borrowing (-), capital account (lines 10-11-12) 483.2 461.7 396.6 401.6 13

 Financial account

14 FA265000905 Net lending (+) or borrowing (-) (line 13) 483.2 461.7 396.6 401.6 14

15 FA264090005 Net acquisition of U.S. financial assets 1049.7 851.2 1155.8 1128.2 15

16 FA263011005 Monetary gold and SDRs 0.0 0.0 0.0 0.0 16

17 FA263011205 Monetary gold 0.0 0.0 0.0 0.0 17

18 FA313111303 SDR allocations 0.0 0.0 0.0 0.0 18

19 FA264000005 Currency and deposits 343.1 -29.9 415.5 157.1 19

20 FA263025003 Currency 55.0 57.1 37.7 66.3 20

21 FA263027003 Transferable deposits 26.8 11.0 13.2 13.4 21

22 FA263030005 Time deposits 47.3 38.0 52.5 46.9 22

23 FA264016005 Net interbank items due from U.S. banks 213.9 -136.0 312.2 30.6 23

24 FA264022005 Debt securities 203.6 495.7 547.7 534.3 24

25 FA263069103 Open market paper 0.7 -0.1 -1.7 7.6 25

26 FA263061105 Treasury securities 355.3 589.7 424.9 317.4 26

27 FA263061705 Agency- and GSE-backed securities (2) -41.6 -73.6 -83.7 -5.2 27

28 FA263062003 Municipal securities 0.6 -0.6 4.3 4.3 28

29 FA263063005 Corporate bonds -111.5 -19.7 203.9 210.1 29

30 FA264041005 Loans (short term) 126.5 -59.1 31.1 155.9 30

31 FA262051003 Security repurchases 92.6 -6.9 35.3 105.4 31

32 FA263069500 Loans to U.S. corporate business 33.9 -52.2 -4.2 50.5 32

33 FA263081005 Equity and investment fund shares 359.4 432.9 149.1 266.7 33

34 FA263034003 Money market fund shares 4.6 22.6 11.3 5.2 34

35 FA263064105 Corporate equities 44.0 126.8 -59.1 117.3 35

36 FA263064203 Mutual fund shares 74.7 89.7 -19.6 32.6 36

37 FA263092001 Foreign direct investment in the United States 236.1 193.8 216.6 111.6 37

38 FA263070003 Other accounts receivable 17.1 11.6 12.3 14.3 38

39 FA264190005 Net incurrence of liabilities 633.0 388.3 782.4 804.4 39

40 FA313011303 SDR holdings -1.8 0.0 0.0 0.0 40

41 FA264100005 Currency and deposits -197.3 -143.0 23.6 -117.9 41

42 FA263111503 Official foreign currencies -0.5 0.4 0.3 0.2 42

43 FA263111403 Reserve position in IMF (net) 18.1 4.0 -3.4 -3.8 43

44 FA263191005 U.S. private deposits -215.0 -147.5 26.7 -114.3 44

45 FA313091105 Nonofficial foreign currencies 0.0 0.0 -0.0 0.0 45

46 FA264122005 Debt securities 128.2 159.0 202.8 108.8 46

47 FA263169105 Commercial paper -53.5 27.9 34.0 -22.6 47

48 FA263163005 Bonds 181.7 131.2 168.9 131.4 48

49 FA264141005 Loans (short term) 240.7 -14.8 -52.1 59.0 49

50 FA262151003 Security repurchases 96.4 40.2 -84.0 26.4 50

51 FA263169005 Other loans and advances 1.4 5.6 1.4 2.8 51

52 FA263168005 Depository institution loans n.e.c. 43.2 30.4 39.1 28.6 52

53 FA713091103 Nonoff. foreign currencies (swap lines) 99.7 -90.9 -8.6 1.3 53
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FFA Coded Tables, December 10, 2015 179

S.9.a Rest of the World 

Billions of dollars

2011 2012 2013 2014

 

54 FA263181105 Equity and investment fund shares 459.2 386.3 598.3 761.2 54

55 FA263164103 Corporate equities 7.0 95.8 284.3 436.5 55

56 FA313092803 U.S. government equity in IBRD, etc. 2.6 2.4 2.2 2.3 56

57 FA263192005 U.S. direct investment abroad 419.1 339.7 328.6 336.9 57

58 FA263194735 Investment by holding companies 30.6 -51.5 -16.9 -14.6 58

59 FA263170003 Other accounts payable 4.0 0.7 9.8 -6.8 59

 Addendum:

60 FA265000005 Net lending (+) or borrowing (-), financial account (lines 15-39) 416.7 462.8 373.4 323.8 60

 Other changes in volume account

61 FV268090185 Total other volume changes -70.6 -4.6 -17.4 -77.8 61

62 FV268090085 Other volume changes -4.2 -5.7 5.8 0.0 62

63 FU267005005 Less: Statistical discrepancy (lines 13-60) (3) 66.5 -1.2 23.2 77.8 63

 Revaluation account

64 FR264090005 Financial assets 167.2 598.5 1026.0 727.9 64

65 FR263011005 Monetary gold and SDRs -0.2 0.1 0.1 -3.2 65

66 FR264000005 Currency and deposits 0.1 -0.2 -0.7 -0.3 66

67 FR264022005 Debt securities 293.5 120.5 -324.4 24.4 67

68 FR263069103 Open market paper -0.2 0.2 0.3 -1.0 68

69 FR263061105 Treasury securities 190.3 -22.6 -202.6 45.0 69

70 FR263061705 Agency- and GSE-backed securities 23.9 -3.4 -33.8 24.0 70

71 FR263063005 Corporate bonds 79.4 146.3 -88.3 -43.5 71

72 FR263081005 Equity and investment fund shares -126.1 478.2 1347.0 707.2 72

73 FR263064105 Corporate equities -56.8 429.0 1310.5 623.5 73

74 FR263064203 Mutual fund shares -8.3 35.4 76.2 22.0 74

75 FR263092001 Foreign direct investment in the United States -61.0 13.8 -39.7 61.7 75

76 FR263070003 Other accounts receivable -0.1 0.0 3.9 -0.2 76

77 FR264194005 Liabilities -709.0 949.5 739.0 -284.1 77

78 FR313011303 SDR holdings -0.1 0.1 0.1 -3.3 78

79 FR264100005 Currency and deposits -22.7 -1.8 -3.9 -17.0 79

80 FR263111503 Official foreign currencies 0.3 -2.3 -2.6 -5.9 80

81 FR263111403 Reserve position in IMF (net) -0.5 0.0 0.0 -1.7 81

82 FR263191005 U.S. private deposits -22.5 0.4 -1.3 -9.4 82

83 FR263191103 Nonofficial foreign currencies 0.0 0.0 0.0 0.0 83

84 FR263163005 Debt securities (corporate bonds) 54.2 148.4 -119.1 27.1 84

85 FR263169205 Loans (other loans and advances) 0.0 0.0 0.0 0.0 85

86 FR263181105 Equity and investment fund shares -740.4 803.0 860.4 -290.5 86

87 FR263164103 Corporate equities -647.3 724.7 866.7 -189.7 87

88 FR263192005 U.S. direct investment abroad -93.1 78.3 -6.3 -100.7 88

89 FR263170003 Other accounts payable 0.0 -0.1 1.5 -0.4 89

90 FR265000005 Changes in net worth due to nominal holding gains/losses 876.2 -351.0 286.9 1012.0 90

 Changes in balance sheet account

91 FC262090095 Change in net worth (lines 13+61+90) 1288.7 106.1 666.1 1335.8 91

 Financial balance sheet account (end of period) (4)

92 FL264090005 Total financial assets 17513.0 18962.6 21136.5 22992.6 92

93 FL313111303 SDR allocations 54.2 54.3 54.4 51.2 93

94 FL264000005 Currency and deposits 1066.0 1035.9 1450.7 1607.5 94

95 FL263025003 Currency 397.1 454.2 491.9 558.2 95

96 FL263027003 Transferable deposits 75.2 86.2 99.4 112.8 96

97 FL263030005 Time deposits 355.6 393.4 445.1 491.7 97

98 FL264016005 Net interbank items due from U.S. banks 238.1 102.1 414.2 444.8 98
Inte

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180 FFA Coded Tables, December 10, 2015

S.9.a Rest of the World 

Billions of dollars

2011 2012 2013 2014

 

99 FL264022005 Debt securities 8748.7 9364.8 9588.1 10146.9 99

100 FL263069103 Open market paper 102.7 102.8 101.3 107.9 100

101 FL263061105 Treasury securities 5004.4 5571.5 5793.8 6156.2 101

102 FL263061705 Agency- and GSE-backed securities (2) 1078.2 1001.2 883.8 902.6 102

103 FL263062003 Municipal securities 72.4 71.8 76.1 80.4 103

104 FL263063005 Corporate bonds 2491.0 2617.6 2733.1 2899.7 104

105 FL264041005 Loans (short term) 874.6 815.5 846.6 1002.5 105

106 FL262051003 Security repurchases 678.5 671.6 706.9 812.3 106

107 FL263069500 Loans to U.S. corporate business 196.1 143.9 139.7 190.2 107

108 FL263081005 Equity and investment fund shares 6640.6 7551.7 9047.8 10021.7 108

109 FL263034003 Money market fund shares 74.4 96.9 108.2 113.4 109

110 LM263064105 Corporate equities 3397.2 3953.0 5204.4 5945.2 110

111 LM263064203 Mutual fund shares 370.4 495.4 552.0 606.7 111

112 FL263092001 Foreign direct investment in the United States 2798.7 3006.3 3183.2 3356.5 112

113 FL263070003 Other accounts receivable 128.8 140.5 148.8 162.9 113

114 FL262100005 Total liabilities and net worth 17513.0 18962.6 21136.5 22992.6 114

115 FL264194005 Total liabilities 13932.9 15276.4 16784.2 17304.5 115

116 FL313011303 SDR holdings 55.0 55.1 55.2 51.9 116

117 FL264100005 Currency and deposits 1150.8 1005.9 1025.6 890.6 117

118 FL263111503 Official foreign currencies 51.6 49.7 47.4 41.8 118

119 FL263111403 Reserve position in IMF (net) 30.1 34.2 30.8 25.2 119

120 FL263191005 U.S. private deposits 1066.4 919.4 944.8 821.1 120

121 FL313091105 Nonofficial foreign currencies 2.6 2.6 2.6 2.6 121

122 FL264122005 Debt securities 2258.7 2566.1 2649.9 2785.8 122

123 FL263169105 Commercial paper 345.1 373.0 407.0 384.3 123

124 FL263163005 Bonds 1913.6 2193.1 2242.9 2401.5 124

125 FL264141005 Loans (short term) 1090.7 1081.7 1029.5 1088.6 125

126 FL262151003 Security repurchases 764.7 804.9 720.9 747.3 126

127 FL263169005 Other loans and advances 21.0 30.2 31.6 34.5 127

128 FL263168005 Depository institution loans n.e.c. 205.2 237.7 276.7 305.3 128

129 FL713091103 Nonoff. foreign currencies (swap lines) 99.8 8.9 0.3 1.5 129

130 FL263181105 Equity and investment fund shares 9322.6 10511.9 11970.6 12441.4 130

131 LM263164103 Corporate equities 4501.4 5321.9 6472.9 6719.7 131

132 FL313092803 U.S. government equity in IBRD, etc. 55.4 57.8 60.0 62.4 132

133 FL263192005 U.S. direct investment abroad 4599.5 5017.5 5339.8 5576.0 133

134 FL263194735 Investment by holding companies 166.3 114.7 97.9 83.3 134

135 FL263170003 Other accounts payable 55.1 55.7 53.4 46.2 135

136 FL262090095 Net worth (external account) 3580.1 3686.2 4352.3 5688.1 136

(1) Prior to 1999, current taxes, contributions for government social insurance, and transfer receipts from the rest of the world (line 8) are not separately displayed, and line 4 includes

 current taxes and transfer payments to the rest of the world net of current taxes, contributions for government social insurance, and transfer receipts from the rest of the world.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes nonfinancial assets, including nonproduced nonfinancial assets.

IBRD International Bank for Reconstruction and Development

IMF International Monetary Fund

SDRs Special Drawing Rights

n.e.c. Not elsewhere classified