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
521,710
420,726
420,726
33
Currency and deposits
97,992
64,594
64,594
34
Currency and transferable deposits
18,180
860
860
35
Time and savings deposits
79,812
63,734
63,734
36
Debt securities
6,507
5,203
5,203
37
Treasury securities
6,018
4,812
4,812
38
Municipal securities
489
391
391
39
Loans
3,779
3,020
3,020
40
Short term (consumer credit)
0
0
0
41
Long term (mortgages)
3,779
3,020
3,020
42
Equity and investment fund shares
8,835
9,487
9,487
43
Money market fund shares
8,668
6,932
6,932
44
Equity in government-sponsored enterprises
167
2,555
2,555
45
Insurance, pension and standardized guarantee schemes
-2,161
4,831
4,831
46
Other accounts receivable
406,758
333,591
333,591
47
Trade receivables
70,505
56,380
56,380
48
Other (miscellaneous assets)
336,253
277,211
277,211
49
Net incurrence of liabilities
607,089
488,436
488,436
50
Loans
321,514
258,434
258,434
51
Short term
103,715
48,977
48,977
52
Depository institution loans n.e.c.
95,553
45,403
45,403
53
Other loans and advances
8,162
3,574
3,574
54
Long term (mortgages)
217,799
209,457
209,457
55
Equity and investment fund shares
89,835
68,461
68,461
56
Equity in noncorporate business
86,903
65,780
65,780
57
Foreign direct investment in the United States
2,932
2,681
2,681
58
Other accounts payable
195,740
161,541
161,541
59
Trade payables
83,895
72,105
72,105
60
Taxes payable
9,328
7,458
7,458
61
Other (miscellaneous liabilities)
102,517
81,978
81,978
Addendum:
62
Net lending (+) or borrowing (-), financial account (lines 32-49)
-85,379
-67,710
-67,710
Other changes in volume account
63
Total other volume changes
71,506
39,192
39,192
64
Disaster losses
-13,403
-25,216
-25,216
65
Other volume changes
84,909
64,408
64,408
Revaluation account
66
Nonfinancial assets
424,325
807,571
807,571
67
Real estate
388,367
767,382
767,382
68
Residential
368,211
471,661
471,661
69
Nonresidential
17,324
301,678
301,678
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
2,800
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
427,158
801,614
801,614
Changes in balance sheet account
77
Change in net worth (lines 24+30+63+76)
501,692
850,182
850,182
Balance sheet account (end of period)
78
Total assets
20,954,286
19,936,180
19,936,180
79
Nonfinancial assets
14,095,079
13,598,682
13,598,682
80
Real estate
12,672,967
12,231,686
12,231,686
81
Residential
7,275,428
6,900,939
6,900,939
82
Nonresidential
5,425,823
5,358,932
5,358,932
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
6,859,207
6,337,498
6,337,498
89
Currency and deposits
1,350,836
1,252,844
1,252,844
90
Currency and transferable deposits
298,306
280,126
280,126
91
Time and savings deposits
1,052,530
972,718
972,718
92
Debt securities
79,791
73,284
73,284
93
Treasury securities
73,800
67,782
67,782
94
Municipal securities
5,991
5,502
5,502
95
Loans
46,337
42,558
42,558
96
Short term (consumer credit)
0
0
0
97
Long term (mortgages)
46,337
42,558
42,558
101
Insurance, pension and standardized guarantee schemes
118,932
121,093
121,093
102
Other accounts receivable
5,144,534
4,737,776
4,737,776
103
Trade receivables
864,572
794,067
794,067
104
Other (miscellaneous assets)
4,279,962
3,943,709
3,943,709
105
Total liabilities and net worth
20,954,286
19,936,180
19,936,180
106
Liabilities
8,322,768
7,806,354
7,806,354
107
Loans
5,655,981
5,335,406
5,335,406
108
Short term
1,613,397
1,509,682
1,509,682
109
Depository institution loans n.e.c.
1,398,861
1,303,308
1,303,308
110
Other loans and advances
214,536
206,374
206,374
111
Long term (mortgages)
4,042,584
3,825,724
3,825,724
112
Equity and investment fund shares (direct investment in the U.S.)
28,284
28,185
28,185
113
Other accounts payable
2,638,503
2,442,763
2,442,763
114
Trade payables
743,183
659,288
659,288
115
Taxes payable
149,333
140,005
140,005
116
Other (miscellaneous liabilities)
1,745,987
1,643,470
1,643,470
117
Net worth
12,631,518
12,129,826
12,129,826
