Annual Tables

S.64.a Pension Funds

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/%
For questions on FRED functionality, please contact: https://fred.stlouisfed.org/contactus/

   

Please select a date range

    1945    
 
 
    2024
Line Name 2024 Preceding
Period 		Year Ago
from Period 		Units
Current account
line 1
Gross value added 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 2
Less: Consumption of fixed capital 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 3
Equals: Net value added 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 4
Compensation of employees (paid) 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 5
Wages and salaries 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 6
Employers’ social contributions 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 7
Taxes on production and imports less subsidies 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 8
Operating surplus, net 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 9
Net national income/Balance of primary incomes, net 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 10
Operating surplus, net 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 11
Property income (received) 		725,857 Millions of U.S. Dollars 707,365 Millions of U.S. Dollars 707,365 Millions of U.S. Dollars Mil. of U.S. $
line 12
Interest 		521,882 Millions of U.S. Dollars 506,352 Millions of U.S. Dollars 506,352 Millions of U.S. Dollars Mil. of U.S. $
line 13
Distributed income of corporations (dividends) 		203,975 Millions of U.S. Dollars 201,013 Millions of U.S. Dollars 201,013 Millions of U.S. Dollars Mil. of U.S. $
line 14
Reinvested earnings on U.S. direct investment abroad 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 15
Less: Uses of property income (paid) 		725,857 Millions of U.S. Dollars 707,365 Millions of U.S. Dollars 707,365 Millions of U.S. Dollars Mil. of U.S. $
line 16
Interest 		521,882 Millions of U.S. Dollars 506,352 Millions of U.S. Dollars 506,352 Millions of U.S. Dollars Mil. of U.S. $
line 17
Distributed income of corporations 		203,975 Millions of U.S. Dollars 201,013 Millions of U.S. Dollars 201,013 Millions of U.S. Dollars Mil. of U.S. $
line 18
Dividends 		203,975 Millions of U.S. Dollars 201,013 Millions of U.S. Dollars 201,013 Millions of U.S. Dollars Mil. of U.S. $
line 19
Withdrawals from income of quasi-corporations 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 20
Reinvested earnings on foreign direct investment 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 21
Rents on land and natural resources 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 22
Net national income/Balance of primary incomes, net 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 23
Less: Current taxes on income, wealth, etc. (paid) 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 24
Plus: Other current transfers received, net 		0 Millions of U.S. Dollars -1 Millions of U.S. Dollars -1 Millions of U.S. Dollars Mil. of U.S. $
line 25
Equals: Disposable income, net 		0 Millions of U.S. Dollars -1 Millions of U.S. Dollars -1 Millions of U.S. Dollars Mil. of U.S. $
line 26
Equals: Net saving 		0 Millions of U.S. Dollars -1 Millions of U.S. Dollars -1 Millions of U.S. Dollars Mil. of U.S. $
Capital account
line 27
Net saving less capital transfers 		0 Millions of U.S. Dollars 45,910 Millions of U.S. Dollars 45,910 Millions of U.S. Dollars Mil. of U.S. $
line 28
Net saving 		0 Millions of U.S. Dollars -1 Millions of U.S. Dollars -1 Millions of U.S. Dollars Mil. of U.S. $
line 29
Less: Capital transfers (net) 		0 Millions of U.S. Dollars -45,911 Millions of U.S. Dollars -45,911 Millions of U.S. Dollars Mil. of U.S. $
line 30
Capital formation, net 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 31
Gross fixed capital formation (nonresidential) 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 32
Less: Consumption of fixed capital 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 33
Net lending (+) or borrowing (-), capital account (lines 27-30) 		0 Millions of U.S. Dollars 45,910 Millions of U.S. Dollars 45,910 Millions of U.S. Dollars Mil. of U.S. $
Addenda:
line 34
Other current transfers received, net (line 24) 		0 Millions of U.S. Dollars -1 Millions of U.S. Dollars -1 Millions of U.S. Dollars Mil. of U.S. $
line 35
Contributions received 		2,025,140 Millions of U.S. Dollars 1,940,017 Millions of U.S. Dollars 1,940,017 Millions of U.S. Dollars Mil. of U.S. $
line 36
Claims to pension benefits 		1,312,882 Millions of U.S. Dollars 1,244,903 Millions of U.S. Dollars 1,244,903 Millions of U.S. Dollars Mil. of U.S. $
line 37
Actual employer contributions 		844,142 Millions of U.S. Dollars 845,999 Millions of U.S. Dollars 845,999 Millions of U.S. Dollars Mil. of U.S. $
line 38
Imputed employer contributions 		-180,307 Millions of U.S. Dollars -211,524 Millions of U.S. Dollars -211,524 Millions of U.S. Dollars Mil. of U.S. $
line 39
Actual household contributions 		692,152 Millions of U.S. Dollars 650,826 Millions of U.S. Dollars 650,826 Millions of U.S. Dollars Mil. of U.S. $
line 40
Less: pension service charges for defined benefit (DB) plans 		43,105 Millions of U.S. Dollars 40,398 Millions of U.S. Dollars 40,398 Millions of U.S. Dollars Mil. of U.S. $
line 41
Household pension contribution supplements 		725,857 Millions of U.S. Dollars 707,365 Millions of U.S. Dollars 707,365 Millions of U.S. Dollars Mil. of U.S. $
line 42
Less: pension service charge for defined contribution (DC) plans 		13,599 Millions of U.S. Dollars 12,251 Millions of U.S. Dollars 12,251 Millions of U.S. Dollars Mil. of U.S. $
line 43
Less: benefit payments and withdrawals 		1,859,021 Millions of U.S. Dollars 1,756,166 Millions of U.S. Dollars 1,756,166 Millions of U.S. Dollars Mil. of U.S. $
line 44
Less: net change in benefit entitlements from DB plans 		-4,257 Millions of U.S. Dollars 15,118 Millions of U.S. Dollars 15,118 Millions of U.S. Dollars Mil. of U.S. $
line 45
Less: net change in assets from current transaction for DC plans 		170,376 Millions of U.S. Dollars 168,734 Millions of U.S. Dollars 168,734 Millions of U.S. Dollars Mil. of U.S. $
Financial account
line 46
Net lending (+) or borrowing (-) (line 33) 		0 Millions of U.S. Dollars 45,910 Millions of U.S. Dollars 45,910 Millions of U.S. Dollars Mil. of U.S. $
line 47
Net acquisition of financial assets 		307,007 Millions of U.S. Dollars 508,613 Millions of U.S. Dollars 508,613 Millions of U.S. Dollars Mil. of U.S. $
line 48
Currency and deposits 		19,207 Millions of U.S. Dollars -10,253 Millions of U.S. Dollars -10,253 Millions of U.S. Dollars Mil. of U.S. $
line 49
Currency and transferable deposits 		22,174 Millions of U.S. Dollars -6,184 Millions of U.S. Dollars -6,184 Millions of U.S. Dollars Mil. of U.S. $
line 50
Time and savings deposits 		-2,967 Millions of U.S. Dollars -4,069 Millions of U.S. Dollars -4,069 Millions of U.S. Dollars Mil. of U.S. $
line 51
Debt securities 		231,554 Millions of U.S. Dollars 122,188 Millions of U.S. Dollars 122,188 Millions of U.S. Dollars Mil. of U.S. $
line 52
Open market paper 		-895 Millions of U.S. Dollars 608 Millions of U.S. Dollars 608 Millions of U.S. Dollars Mil. of U.S. $
line 53
Treasury securities 		117,752 Millions of U.S. Dollars 121,592 Millions of U.S. Dollars 121,592 Millions of U.S. Dollars Mil. of U.S. $
line 54
Agency- and GSE-backed securities 		33,906 Millions of U.S. Dollars 15,442 Millions of U.S. Dollars 15,442 Millions of U.S. Dollars Mil. of U.S. $
line 55
Municipal securities 		4 Millions of U.S. Dollars -4 Millions of U.S. Dollars -4 Millions of U.S. Dollars Mil. of U.S. $
line 56
Corporate and foreign bonds 		80,787 Millions of U.S. Dollars -15,450 Millions of U.S. Dollars -15,450 Millions of U.S. Dollars Mil. of U.S. $
line 57
Loans 		295,181 Millions of U.S. Dollars 270,092 Millions of U.S. Dollars 270,092 Millions of U.S. Dollars Mil. of U.S. $
line 58
Short term 		291,675 Millions of U.S. Dollars 265,083 Millions of U.S. Dollars 265,083 Millions of U.S. Dollars Mil. of U.S. $
line 59
Long term (mortgages) 		3,506 Millions of U.S. Dollars 5,009 Millions of U.S. Dollars 5,009 Millions of U.S. Dollars Mil. of U.S. $
line 60
Equity and investment fund shares 		-419,799 Millions of U.S. Dollars -238,174 Millions of U.S. Dollars -238,174 Millions of U.S. Dollars Mil. of U.S. $
line 61
Corporate equities 		-249,882 Millions of U.S. Dollars -312,377 Millions of U.S. Dollars -312,377 Millions of U.S. Dollars Mil. of U.S. $
line 62
Mutual fund shares 		-183,493 Millions of U.S. Dollars 75,976 Millions of U.S. Dollars 75,976 Millions of U.S. Dollars Mil. of U.S. $
line 63
Money market fund shares 		13,576 Millions of U.S. Dollars -1,773 Millions of U.S. Dollars -1,773 Millions of U.S. Dollars Mil. of U.S. $
line 64
Insurance, pension and standardized guarantee schemes 		249,851 Millions of U.S. Dollars 270,768 Millions of U.S. Dollars 270,768 Millions of U.S. Dollars Mil. of U.S. $
line 65
Other accounts receivable 		-68,987 Millions of U.S. Dollars 93,992 Millions of U.S. Dollars 93,992 Millions of U.S. Dollars Mil. of U.S. $
line 66
Net incurrence of liabilities (pension entitlements) 		313,350 Millions of U.S. Dollars 469,414 Millions of U.S. Dollars 469,414 Millions of U.S. Dollars Mil. of U.S. $
Addendum:
line 67
Net lending (+) or borrowing (-), financial account (lines 47-66) 		-6,343 Millions of U.S. Dollars 39,199 Millions of U.S. Dollars 39,199 Millions of U.S. Dollars Mil. of U.S. $
Other changes in volume account
line 68
Total other volume changes 		5,173 Millions of U.S. Dollars 63,224 Millions of U.S. Dollars 63,224 Millions of U.S. Dollars Mil. of U.S. $
line 69
Disaster losses 		0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 70
Other volume changes 		11,516 Millions of U.S. Dollars 69,935 Millions of U.S. Dollars 69,935 Millions of U.S. Dollars Mil. of U.S. $
line 71
Less: Statistical discrepancy (lines 33-67) 		6,343 Millions of U.S. Dollars 6,712 Millions of U.S. Dollars 6,712 Millions of U.S. Dollars Mil. of U.S. $
Revaluation account
line 72
Nonfinancial assets 		364 Millions of U.S. Dollars -179 Millions of U.S. Dollars -179 Millions of U.S. Dollars Mil. of U.S. $
line 73
Structures (nonresidential) 		245 Millions of U.S. Dollars -133 Millions of U.S. Dollars -133 Millions of U.S. Dollars Mil. of U.S. $
line 74
Equipment 		19 Millions of U.S. Dollars 12 Millions of U.S. Dollars 12 Millions of U.S. Dollars Mil. of U.S. $
line 75
Intellectual property products 		100 Millions of U.S. Dollars -58 Millions of U.S. Dollars -58 Millions of U.S. Dollars Mil. of U.S. $
line 76
Financial assets 		1,208,472 Millions of Dollars 1,213,718 Millions of Dollars 1,213,718 Millions of Dollars Mil. of $
line 77
Debt securities 		-25,880 Millions of U.S. Dollars 93,447 Millions of U.S. Dollars 93,447 Millions of U.S. Dollars Mil. of U.S. $
line 78
Corporate equities 		1,349,798 Millions of U.S. Dollars 1,204,480 Millions of U.S. Dollars 1,204,480 Millions of U.S. Dollars Mil. of U.S. $
line 79
Mutual fund shares 		624,552 Millions of U.S. Dollars 703,548 Millions of U.S. Dollars 703,548 Millions of U.S. Dollars Mil. of U.S. $
line 80
Insurance, pension, and standardized guarantee schemes 		-741,786 Millions of U.S. Dollars -785,743 Millions of U.S. Dollars -785,743 Millions of U.S. Dollars Mil. of U.S. $
line 81
Liabilities (pension entitlements) 		1,283,956 Millions of U.S. Dollars 1,301,852 Millions of U.S. Dollars 1,301,852 Millions of U.S. Dollars Mil. of U.S. $
line 82
Changes in net worth due to nominal holding gains/losses 		-71,184 Millions of Dollars -87,792 Millions of Dollars -87,792 Millions of Dollars Mil. of $
Changes in balance sheet account
line 83
Change in net worth (lines 30+33+68+82) 		9,554 Millions of U.S. Dollars 74,836 Millions of U.S. Dollars 74,836 Millions of U.S. Dollars Mil. of U.S. $
Balance sheet account (end of period)
line 84
Total assets 		28,204,557 Millions of U.S. Dollars 26,541,854 Millions of U.S. Dollars 26,541,854 Millions of U.S. Dollars Mil. of U.S. $
line 85
Nonfinancial assets 		35,285 Millions of U.S. Dollars 28,578 Millions of U.S. Dollars 28,578 Millions of U.S. Dollars Mil. of U.S. $
line 86
Structures (nonresidential) 		26,819 Millions of U.S. Dollars 21,416 Millions of U.S. Dollars 21,416 Millions of U.S. Dollars Mil. of U.S. $
line 87
Equipment 		2,174 Millions of U.S. Dollars 1,790 Millions of U.S. Dollars 1,790 Millions of U.S. Dollars Mil. of U.S. $
line 88
Intellectual property products 		6,292 Millions of U.S. Dollars 5,372 Millions of U.S. Dollars 5,372 Millions of U.S. Dollars Mil. of U.S. $
line 89
Financial assets 		28,169,272 Millions of U.S. Dollars 26,513,276 Millions of U.S. Dollars 26,513,276 Millions of U.S. Dollars Mil. of U.S. $
line 90
Currency and deposits 		78,642 Millions of U.S. Dollars 59,435 Millions of U.S. Dollars 59,435 Millions of U.S. Dollars Mil. of U.S. $
line 91
Currency and transferable deposits 		64,844 Millions of U.S. Dollars 42,670 Millions of U.S. Dollars 42,670 Millions of U.S. Dollars Mil. of U.S. $
line 92
Time and savings deposits 		13,798 Millions of U.S. Dollars 16,765 Millions of U.S. Dollars 16,765 Millions of U.S. Dollars Mil. of U.S. $
line 93
Debt securities 		2,994,609 Millions of U.S. Dollars 2,788,935 Millions of U.S. Dollars 2,788,935 Millions of U.S. Dollars Mil. of U.S. $
line 94
Open market paper 		45,795 Millions of U.S. Dollars 46,690 Millions of U.S. Dollars 46,690 Millions of U.S. Dollars Mil. of U.S. $
line 95
Treasury securities 		1,013,073 Millions of U.S. Dollars 907,398 Millions of U.S. Dollars 907,398 Millions of U.S. Dollars Mil. of U.S. $
line 96
Agency- and GSE-backed securities 		453,375 Millions of U.S. Dollars 416,693 Millions of U.S. Dollars 416,693 Millions of U.S. Dollars Mil. of U.S. $
line 97
Municipal securities 		25 Millions of U.S. Dollars 22 Millions of U.S. Dollars 22 Millions of U.S. Dollars Mil. of U.S. $
line 98
Corporate and foreign bonds 		1,482,341 Millions of U.S. Dollars 1,418,132 Millions of U.S. Dollars 1,418,132 Millions of U.S. Dollars Mil. of U.S. $
line 99
Loans 		3,333,131 Millions of U.S. Dollars 3,037,950 Millions of U.S. Dollars 3,037,950 Millions of U.S. Dollars Mil. of U.S. $
line 100
Short term 		3,299,404 Millions of U.S. Dollars 3,007,729 Millions of U.S. Dollars 3,007,729 Millions of U.S. Dollars Mil. of U.S. $
line 101
Long term (mortgages) 		33,727 Millions of U.S. Dollars 30,221 Millions of U.S. Dollars 30,221 Millions of U.S. Dollars Mil. of U.S. $
line 102
Equity and investment fund shares 		14,477,990 Millions of U.S. Dollars 12,923,439 Millions of U.S. Dollars 12,923,439 Millions of U.S. Dollars Mil. of U.S. $
line 103
Corporate equities 		8,480,627 Millions of U.S. Dollars 7,380,711 Millions of U.S. Dollars 7,380,711 Millions of U.S. Dollars Mil. of U.S. $
line 104
Mutual fund shares 		5,762,871 Millions of U.S. Dollars 5,321,812 Millions of U.S. Dollars 5,321,812 Millions of U.S. Dollars Mil. of U.S. $
line 105
Money market fund shares 		234,492 Millions of U.S. Dollars 220,916 Millions of U.S. Dollars 220,916 Millions of U.S. Dollars Mil. of U.S. $
line 106
Insurance, pension and standardized guarantee schemes 		5,235,572 Millions of U.S. Dollars 5,666,491 Millions of U.S. Dollars 5,666,491 Millions of U.S. Dollars Mil. of U.S. $
line 107
Other accounts receivable 		2,049,328 Millions of U.S. Dollars 2,037,026 Millions of U.S. Dollars 2,037,026 Millions of U.S. Dollars Mil. of U.S. $
line 108
Total liabilities and net worth 		28,204,557 Millions of U.S. Dollars 26,541,854 Millions of U.S. Dollars 26,541,854 Millions of U.S. Dollars Mil. of U.S. $
line 109
Liabilities (pension entitlements) 		28,355,634 Millions of U.S. Dollars 26,702,485 Millions of U.S. Dollars 26,702,485 Millions of U.S. Dollars Mil. of U.S. $
line 110
Net worth 		-151,077 Millions of U.S. Dollars -160,631 Millions of U.S. Dollars -160,631 Millions of U.S. Dollars Mil. of U.S. $
   

Back to Top

Subscribe to the FRED newsletter

Follow us

 

Need Help?

Questions or Comments
FRED Help
Legal
Privacy Notice & Policy