Annual Tables

S.1.a Total Economy - Current Account

The Financial Accounts (formerly known as the Flow of Funds accounts) are a set of financial accounts used to track the sources and uses of funds by sector. They are a component of a system of macroeconomic accounts including the National Income and Product accounts (NIPA) and balance of payments accounts, all of which serve as a comprehensive set of information on the economy’s performance.(1) Some important inferences that can be drawn from the Financial accounts are the financial strength of a given sector, new economic trends, changes in the composition of wealth, and development of new financial instruments over time.(1)
Sectors are compiled into three categories: households, nonfinancial businesses, and banks. The sources of funds for a sector are its internal funds (savings from income after consumption) and external funds (loans from banks and other financial intermediaries). (1) Funds for a given sector are used for its investments in physical and financial assets. Dividing sources and uses of funds into two categories helps the staff of the Federal Reserve System pay particular attention to external sources of funds and financial uses of funds.(2) One example is whether households are borrowing more from banks—or in other words, whether household debt is rising. Another example might be whether banks are using more of their funds to provide loans to consumers. Transactions within a sector are not shown in the accounts; however, transactions between sectors are.(2) Monitoring the external flows of funds provides insights into a sector’s health and the performance of the economy as a whole.
Data for the Financial accounts are compiled from a large number of reports and publications, including regulatory reports such as those submitted by banks, tax filings, and surveys conducted by the Federal Reserve System.(2) The Financial accounts are published quarterly as a set of tables in the Federal Reserve’s Z.1 statistical release.
(1) Teplin, Albert M. “The U.S. Flow of Funds Accounts and Their Uses.” Federal Reserve Bulletin, July 2001; http://www.federalreserve.gov/pubs/bulletin/2001/0701lead.pdf.
(2) Board of Governors of the Federal Reserve System. “Guide to the Flow of Funds Accounts.” 2000, http://www.federalreserve.gov/apps/fof/.

For questions on the data, please contact the data source: https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/z1/%
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    1946    
 
 
    2025
Line Name Period Value Preceding
Period 		Year Ago
from Period 		Units
line 1
Gross value added (income approach) 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 2
Less: Consumption of fixed capital 		2025 5,065,844 Millions of U.S. Dollars 4,796,699 Millions of U.S. Dollars 4,796,699 Millions of U.S. Dollars Mil. of U.S. $
line 3
Equals: Net value added 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 4
Compensation of employees (paid) 		2025 15,767,870 Millions of U.S. Dollars 15,049,123 Millions of U.S. Dollars 15,049,123 Millions of U.S. Dollars Mil. of U.S. $
line 5
Wages and salaries 		2025 12,998,448 Millions of U.S. Dollars 12,409,992 Millions of U.S. Dollars 12,409,992 Millions of U.S. Dollars Mil. of U.S. $
line 6
Employers’ social contributions 		2025 2,769,423 Millions of U.S. Dollars 2,639,132 Millions of U.S. Dollars 2,639,132 Millions of U.S. Dollars Mil. of U.S. $
line 7
Taxes on production and imports less subsidies 		2025 2,100,777 Millions of U.S. Dollars 1,860,446 Millions of U.S. Dollars 1,860,446 Millions of U.S. Dollars Mil. of U.S. $
line 8
Operating surplus, net 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 9
Plus: Income receipts from the rest of the world 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 10
Less: Income payments to the rest of the world 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 11
Equals: Net national income/Balance of primary incomes, net 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 12
Operating surplus, net 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 13
Compensation of employees (received) 		2025 15,744,982 Millions of U.S. Dollars 15,027,061 Millions of U.S. Dollars 15,027,061 Millions of U.S. Dollars Mil. of U.S. $
line 14
Wages and salaries 		2025 12,975,560 Millions of U.S. Dollars 12,387,929 Millions of U.S. Dollars 12,387,929 Millions of U.S. Dollars Mil. of U.S. $
line 15
Employers’ social contributions 		2025 2,769,423 Millions of U.S. Dollars 2,639,132 Millions of U.S. Dollars 2,639,132 Millions of U.S. Dollars Mil. of U.S. $
line 16
Taxes on production and imports, receivable 		2025 2,212,884 Millions of U.S. Dollars 1,954,685 Millions of U.S. Dollars 1,954,685 Millions of U.S. Dollars Mil. of U.S. $
line 17
Subsidies paid 		2025 -112,108 Millions of U.S. Dollars -94,240 Millions of U.S. Dollars -94,240 Millions of U.S. Dollars Mil. of U.S. $
line 18
Property income (received) 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 19
Interest 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 20
Distributed income of corporations 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 21
Dividends 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 22
Withdrawals from income of quasi-corporations 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 23
Reinvested earnings on U.S. direct investment abroad 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 24
Rents on land and natural resources 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 25
Less: Uses of property income (paid) 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 26
Interest 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 27
Distributed income of corporations 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 28
Dividends 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 29
Withdrawals from income of quasi-corporations 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 30
Reinvested earnings on foreign direct investment 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 31
Rents on land and natural resources 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 32
Net national income/Balance of primary incomes, net 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 33
Plus: Current taxes on income, wealth, etc. (received) 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 34
Less: Current taxes on income, wealth, etc. (paid) 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 35
Plus: Social benefits (received) 		2025 6,876,280 Millions of U.S. Dollars 6,385,303 Millions of U.S. Dollars 6,385,303 Millions of U.S. Dollars Mil. of U.S. $
line 36
Less: Social contributions (paid) 		2025 6,907,719 Millions of U.S. Dollars 6,413,169 Millions of U.S. Dollars 6,413,169 Millions of U.S. Dollars Mil. of U.S. $
line 37
Plus: Other current transfers (received) 		2025 1,366,122 Millions of U.S. Dollars 1,345,582 Millions of U.S. Dollars 1,345,582 Millions of U.S. Dollars Mil. of U.S. $
line 38
Less: Other current transfers (paid) 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 39
Equals: Disposable income, net 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 40
Less: Final consumption expenditures 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 41
Equals: Net saving 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
Addendum:
line 42
Gross value added (line 1) 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 43
Plus statistical discrepancy (NIPA) 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 44
Equals: GDP (NIPA, expenditure approach) 		2025 30,767,090 Millions of U.S. Dollars 29,298,012 Millions of U.S. Dollars 29,298,012 Millions of U.S. Dollars Mil. of U.S. $
line 45
Average of GDP and GDI 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 46
Statistical discrepancy as a percentage of GDP 		. . Percent . Percent . Percent %
   

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