Current Account
1
Gross value added
2018
1,597,579
1,535,098
1,535,098
2
Less: Consumption of fixed capital
2018
237,381
222,956
222,956
3
Equals: Net value added
2018
1,360,198
1,312,142
1,312,142
4
Compensation of employees (paid)
2018
814,018
788,255
788,255
5
Wages and salaries
.
.
.
.
6
Employers’ social contributions
.
.
.
.
7
Taxes on production and imports less subsidies
2018
80,569
67,026
67,026
8
Operating surplus, net
2018
465,610
456,861
456,861
9
Net national income/Balance of primary incomes, net
2018
269,619
214,780
214,780
10
Operating surplus, net
2018
465,610
456,861
456,861
11
Property income (received)
.
.
.
.
12
Interest
.
.
.
.
13
Distributed income of corporations (dividends)
.
.
.
.
14
Reinvested earnings on U.S. direct investment abroad
.
.
.
.
15
Less: Uses of property income (paid)
.
.
.
.
16
Interest
.
.
.
.
17
Distributed income of corporations
.
.
.
.
18
Dividends
.
.
.
.
19
Withdrawals from income of quasi-corporations
.
.
.
.
20
Reinvested earnings on foreign direct investment
.
.
.
.
21
Rents on land and natural resources
.
.
.
.
22
Net national income/Balance of primary incomes, net
2018
269,619
214,780
214,780
23
Less: Current taxes on income, wealth, etc. (paid)
2018
66,030
103,708
103,708
24
Less: Other current transfers (paid)
2018
41,434
46,087
46,087
25
Equals: Disposable income, net
2018
162,154
64,985
64,985
26
Equals: Net saving
2018
162,154
64,985
64,985
Capital account
27
Net saving less capital transfers
2018
151,488
-46,257
-46,257
28
Net saving
2018
162,154
64,985
64,985
29
Less: Capital transfers paid (net)
2018
10,667
111,243
111,243
30
Capital formation, net
2018
41,868
42,497
42,497
31
Gross fixed capital formation (nonresidential)
2018
279,249
265,452
265,452
32
Less: Consumption of fixed capital
2018
237,381
222,956
222,956
33
Net lending (+) or borrowing (-), capital account (lines 27-30)
2018
109,620
-88,754
-88,754
Financial account
34
Net lending (+) or borrowing (-) (line 33)
2018
109,620
-88,754
-88,754
35
Net acquisition of financial assets
2018
1,695,733
2,822,902
2,822,902
36
Monetary gold
2018
0
0
0
37
Currency and deposits
2018
-467,117
241,299
241,299
38
Debt securities
2018
1,009,585
807,041
807,041
39
Open market paper
2018
19,782
87,685
87,685
40
Treasury securities
2018
682,447
119,900
119,900
41
Agency- and GSE-backed securities
2018
7,960
234,446
234,446
42
Municipal securities
2018
-47,785
47,545
47,545
43
Corporate and foreign bonds
2018
347,181
317,465
317,465
44
Loans
2018
1,174,571
1,340,024
1,340,024
45
Short term
2018
603,359
763,166
763,166
46
Long term (mortgages)
2018
571,212
576,858
576,858
47
Equity and investment fund shares
2018
-90,793
-12,773
-12,773
48
Corporate equities
2018
-76,114
29,036
29,036
49
Mutual fund shares
2018
-82,796
-53,415
-53,415
50
Money market fund shares
2018
-3,098
44,700
44,700
51
Equity in government-sponsored enterprises
2018
841
1,371
1,371
52
U.S. direct investment abroad
2018
5,771
39,559
39,559
53
Stock in Federal Reserve Banks
2018
946
946
946
54
Investment in subsidiaries
2018
63,657
-74,970
-74,970
55
Insurance, pension and standardized guarantee schemes
2018
246,506
379,343
379,343
56
Other accounts receivable
2018
-177,019
67,968
67,968
57
Net incurrence of liabilities
2018
1,466,814
2,556,544
2,556,544
58
Currency and deposits
2018
479,311
769,668
769,668
59
Debt securities
2018
350,789
338,231
338,231
60
Agency- and GSE-backed securities
2018
246,935
346,923
346,923
61
Corporate bonds
2018
69,922
28,074
28,074
62
Commercial paper
2018
33,932
-36,766
-36,766
63
Loans
2018
5,040
46,356
46,356
64
Short term
2018
20,880
40,781
40,781
65
Long term (mortgages)
2018
-15,840
5,575
5,575
66
Equity and investment fund shares
2018
431,539
808,805
808,805
67
Money market fund shares
2018
189,896
117,150
117,150
68
Corporate equity issues
2018
212,092
391,785
391,785
69
Mutual fund shares
2018
-67,253
318,775
318,775
70
Equity in government-sponsored enterprises
2018
1,084
4,200
4,200
71
Foreign direct investment in the United States
2018
34,466
40,958
40,958
72
Equity in noncorporate business
2018
19,122
-4,322
-4,322
73
Investment by parent
2018
41,186
-60,687
-60,687
74
Stock in Federal Reserve Banks
2018
946
946
946
75
Insurance, pension and standardized guarantee schemes
2018
513,758
517,252
517,252
76
Other accounts payable
2018
-313,623
76,232
76,232
Addendum:
77
Net lending (+) or borrowing (-), financial account (lines 35-57)
2018
228,919
266,358
266,358
Other changes in volume account
78
Total other volume changes
2018
7,926
42,956
42,956
79
Disaster losses
2018
0
-3,600
-3,600
80
Other volume changes
2018
-111,373
-308,555
-308,555
81
Less: Statistical discrepancy (lines 33-77)
2018
-119,299
-355,112
-355,112
Revaluation account
82
Nonfinancial assets
2018
54,770
26,457
26,457
83
Structures (nonresidential)
2018
47,914
30,473
30,473
84
Equipment
2018
4,328
-2,852
-2,852
85
Intellectual property products
2018
2,529
-1,165
-1,165
86
Financial assets
2018
-2,544,988
3,696,058
3,696,058
87
Debt securities
2018
-635,831
202,237
202,237
88
Corporate equities
2018
-1,924,618
3,401,377
3,401,377
89
Mutual fund shares
2018
-407,773
782,181
782,181
90
U.S. direct investment abroad
2018
21,100
23,126
23,126
91
Insurance, pension, and standardized guarantee schemes
2018
402,134
-712,863
-712,863
92
Liabilities
2018
-2,838,240
4,340,684
4,340,684
93
Corporate equity issues
2018
-1,078,756
1,300,087
1,300,087
94
Mutual fund shares
2018
-1,161,901
1,964,631
1,964,631
95
Foreign direct investment in the United States
2018
-28,030
-2,268
-2,268
96
Equity in noncorporate business
2018
-10,539
5,179
5,179
97
Investment by parent
2018
0
0
0
98
Insurance, pension and standardized guarantee schemes
2018
-559,014
1,073,055
1,073,055
99
Changes in net worth due to nominal holding gains/losses
2018
348,022
-618,169
-618,169
Changes in balance sheet account
100
Change in net worth (lines 30+33+78+99)
2018
507,436
-621,470
-621,470
Balance sheet account (end of period)
101
Total assets
2018
100,487,283
101,136,237
101,136,237
102
Nonfinancial assets
2018
2,019,501
1,922,807
1,922,807
103
Structures (nonresidential)
2018
1,141,277
1,090,408
1,090,408
104
Equipment
2018
653,832
627,302
627,302
105
Intellectual property products
2018
224,392
205,097
205,097
106
Financial assets
2018
98,467,782
99,213,430
99,213,430
107
Monetary gold
2018
11,037
11,037
11,037
108
Currency and deposits
2018
2,433,314
2,900,855
2,900,855
109
Debt securities
2018
26,162,034
25,814,280
25,814,280
110
Open market paper
2018
658,189
635,878
635,878
111
Treasury securities
2018
8,764,549
8,129,304
8,129,304
112
Agency- and GSE-backed securities
2018
6,876,441
6,946,379
6,946,379
113
Municipal securities
2018
1,976,952
2,093,396
2,093,396
114
Corporate and foreign bonds
2018
7,885,903
8,009,323
8,009,323
115
Loans
2018
26,827,227
25,680,175
25,680,175
116
Short term
2018
11,923,573
11,320,509
11,320,509
117
Long term (mortgages)
2018
14,903,654
14,359,666
14,359,666
118
Equity and investment fund shares
2018
30,204,534
32,606,618
32,606,618
119
Corporate equities
2018
18,731,307
20,732,039
20,732,039
120
Mutual fund shares
2018
5,523,671
6,014,240
6,014,240
121
Money market fund shares
2018
543,735
546,833
546,833
122
Equity in government-sponsored enterprises
2018
38,498
37,657
37,657
123
U.S. direct investment abroad
2018
1,007,774
980,903
980,903
124
Stock in Federal Reserve Banks
2018
32,335
31,389
31,389
125
Investment in subsidiaries
2018
4,327,214
4,263,557
4,263,557
126
Insurance, pension and standardized guarantee schemes
2018
8,637,580
7,930,482
7,930,482
127
Other accounts receivable
2018
4,192,056
4,269,983
4,269,983
128
Total liabilities and net worth
2018
100,487,283
101,136,237
101,136,237
129
Liabilities
2018
101,420,679
102,577,069
102,577,069
130
Currency and deposits
2018
18,634,866
18,155,555
18,155,555
131
Debt securities
2018
14,289,200
13,957,786
13,957,786
132
Agency- and GSE-backed securities
2018
9,089,983
8,843,048
8,843,048
133
Corporate bonds
2018
4,768,061
4,717,514
4,717,514
134
Commercial paper
2018
431,156
397,224
397,224
135
Loans
2018
5,008,826
5,003,786
5,003,786
136
Short term
2018
4,782,622
4,761,742
4,761,742
137
Long term (mortgages)
2018
226,204
242,044
242,044
138
Equity and investment fund shares
2018
32,227,037
34,074,724
34,074,724
139
Money market fund shares
2018
3,038,342
2,848,446
2,848,446
140
Corporate equity issues
2018
9,175,114
10,041,778
10,041,778
141
Mutual fund shares
2018
14,669,831
15,898,985
15,898,985
142
Equity in government-sponsored enterprises
2018
52,232
51,148
51,148
143
Foreign direct investment in the United States
2018
766,744
760,308
760,308
144
Equity in noncorporate business
2018
70,407
61,824
61,824
145
Investment by parent
2018
4,422,032
4,380,846
4,380,846
146
Stock in Federal Reserve Banks
2018
32,335
31,389
31,389
147
Insurance, pension and standardized guarantee schemes
2018
30,243,594
30,230,260
30,230,260
148
Other accounts payable
2018
1,017,156
1,154,958
1,154,958
149
Net worth
2018
-933,396
-1,440,832
-1,440,832
