Current Account
1
Gross value added
3,707,360
3,510,121
3,510,121
2
Less: Consumption of fixed capital
339,758
322,681
322,681
3
Equals: Net value added
3,367,602
3,187,440
3,187,440
4
Compensation of employees (paid)
1,143,662
1,084,431
1,084,431
5
Wages and salaries
968,835
918,531
918,531
6
Employers’ social contributions
174,827
165,900
165,900
7
Taxes on production and imports less subsidies
219,010
209,177
209,177
8
Operating surplus, net
2,004,931
1,893,832
1,893,832
9
Net national income/Balance of primary incomes, net
26,130
30,102
30,102
10
Operating surplus, net
2,004,931
1,893,832
1,893,832
11
Property income (interest received)
49,880
42,008
42,008
12
Less: Uses of property income (paid)
2,028,680
1,905,738
1,905,738
13
Interest
297,249
256,696
256,696
14
Withdrawals from income of quasi-corporations
1,730,883
1,648,703
1,648,703
15
Reinvested earnings on foreign direct investment
548
339
339
16
Rents on land and natural resources
0
0
0
17
Net national income/Balance of primary incomes, net
26,130
30,102
30,102
18
Less: Other current transfers (paid)
26,130
30,102
30,102
19
Equals: Disposable income, net
0
0
0
20
Equals: Net saving
0
0
0
Capital account
21
Net saving less capital transfers
3,027
9,377
9,377
22
Net saving
0
0
0
23
Less: Capital transfers paid (net)
-3,027
-9,377
-9,377
24
Capital formation, net
88,621
77,278
77,278
25
Gross fixed capital formation
424,775
397,654
397,654
26
Nonresidential
302,501
279,425
279,425
27
Residential
122,274
118,230
118,230
28
Less: Consumption of fixed capital
339,758
322,681
322,681
29
Change in private inventories
3,604
2,305
2,305
30
Net lending (+) or borrowing (-), capital account (lines 21-24)
-85,594
-67,902
-67,902
Financial account
31
Net lending (+) or borrowing (-) (line 30)
-85,594
-67,902
-67,902
32
Net acquisition of financial assets
527,763
426,350
426,350
33
Currency and deposits
98,395
64,191
64,191
34
Currency and transferable deposits
18,583
457
457
35
Time and savings deposits
79,812
63,734
63,734
36
Debt securities
6,578
5,301
5,301
37
Treasury securities
6,085
4,903
4,903
38
Municipal securities
493
398
398
39
Loans
3,820
3,077
3,077
40
Short term (consumer credit)
0
0
0
41
Long term (mortgages)
3,820
3,077
3,077
42
Equity and investment fund shares
8,931
9,618
9,618
43
Money market fund shares
8,764
7,063
7,063
44
Equity in government-sponsored enterprises
167
2,555
2,555
45
Insurance, pension and standardized guarantee schemes
-1,379
4,047
4,047
46
Other accounts receivable
411,418
340,116
340,116
47
Trade receivables
71,270
57,451
57,451
48
Other (miscellaneous assets)
340,148
282,665
282,665
49
Net incurrence of liabilities
613,141
494,060
494,060
50
Loans
326,259
261,692
261,692
51
Short term
105,754
48,976
48,976
52
Depository institution loans n.e.c.
97,592
45,402
45,402
53
Other loans and advances
8,162
3,574
3,574
54
Long term (mortgages)
220,505
212,716
212,716
55
Equity and investment fund shares
88,382
68,392
68,392
56
Equity in noncorporate business
85,450
65,711
65,711
57
Foreign direct investment in the United States
2,932
2,681
2,681
58
Other accounts payable
198,500
163,976
163,976
59
Trade payables
85,438
72,839
72,839
60
Taxes payable
9,431
7,600
7,600
61
Other (miscellaneous liabilities)
103,631
83,537
83,537
Addendum:
62
Net lending (+) or borrowing (-), financial account (lines 32-49)
-85,378
-67,710
-67,710
Other changes in volume account
63
Total other volume changes
72,990
41,814
41,814
64
Disaster losses
-13,403
-25,216
-25,216
65
Other volume changes
86,393
67,030
67,030
Revaluation account
66
Nonfinancial assets
448,952
807,599
807,599
67
Real estate
412,993
767,410
767,410
68
Residential
377,787
469,811
469,811
69
Nonresidential
35,206
297,600
297,600
70
Equipment
35,567
24,943
24,943
71
Residential
3,172
-1,378
-1,378
72
Nonresidential
32,395
26,321
26,321
73
Intellectual property products
2,801
7,386
7,386
74
Inventories
-2,409
7,860
7,860
75
Liabilities (direct investment in the U.S.)
-2,833
5,957
5,957
76
Changes in net worth due to nominal holding gains/losses
451,785
801,642
801,642
Changes in balance sheet account
77
Change in net worth (lines 24+30+63+76)
527,801
852,833
852,833
Balance sheet account (end of period)
78
Total assets
20,989,698
19,937,980
19,937,980
79
Nonfinancial assets
14,118,812
13,594,857
13,594,857
80
Real estate
12,672,967
12,231,686
12,231,686
81
Residential
7,271,104
6,887,039
6,887,039
82
Nonresidential
5,425,596
5,340,823
5,340,823
83
Equipment
875,894
834,032
834,032
84
Residential
56,348
50,284
50,284
85
Nonresidential
819,546
783,748
783,748
86
Intellectual property products
285,036
272,977
272,977
87
Inventories
261,182
259,987
259,987
88
Financial assets
6,870,886
6,343,122
6,343,122
89
Currency and deposits
1,350,836
1,252,441
1,252,441
90
Currency and transferable deposits
298,306
279,723
279,723
91
Time and savings deposits
1,052,530
972,718
972,718
92
Debt securities
79,960
73,382
73,382
93
Treasury securities
73,958
67,873
67,873
94
Municipal securities
6,002
5,509
5,509
95
Loans
46,435
42,615
42,615
96
Short term (consumer credit)
0
0
0
97
Long term (mortgages)
46,435
42,615
42,615
101
Insurance, pension and standardized guarantee schemes
118,932
120,311
120,311
102
Other accounts receivable
5,155,719
4,744,301
4,744,301
103
Trade receivables
866,408
795,138
795,138
104
Other (miscellaneous assets)
4,289,311
3,949,163
3,949,163
105
Total liabilities and net worth
20,989,698
19,937,980
19,937,980
106
Liabilities
8,335,954
7,812,037
7,812,037
107
Loans
5,663,971
5,338,654
5,338,654
108
Short term
1,615,436
1,509,681
1,509,681
109
Depository institution loans n.e.c.
1,400,900
1,303,307
1,303,307
110
Other loans and advances
214,536
206,374
206,374
111
Long term (mortgages)
4,048,535
3,828,973
3,828,973
112
Equity and investment fund shares (direct investment in the U.S.)
28,284
28,185
28,185
113
Other accounts payable
2,643,699
2,445,199
2,445,199
114
Trade payables
745,461
660,023
660,023
115
Taxes payable
149,578
140,147
140,147
116
Other (miscellaneous liabilities)
1,748,660
1,645,029
1,645,029
117
Net worth
12,653,744
12,125,942
12,125,942
