|
|
Current account
|
|
|
|
|
|
1 |
Gross value added
|
.
|
.
|
.
|
.
|
|
2 |
Less: Consumption of fixed capital
|
.
|
.
|
.
|
.
|
|
3 |
Equals: Net value added
|
.
|
.
|
.
|
.
|
|
4 |
Compensation of employees (paid)
|
.
|
.
|
.
|
.
|
|
5 |
Wages and salaries
|
.
|
.
|
.
|
.
|
|
6 |
Employers’ social contributions
|
.
|
.
|
.
|
.
|
|
7 |
Taxes on production and imports less subsidies
|
.
|
.
|
.
|
.
|
|
8 |
Operating surplus, net
|
.
|
.
|
.
|
.
|
|
9 |
Net national income/Balance of primary incomes, net
|
.
|
.
|
.
|
.
|
|
10 |
Operating surplus, net
|
.
|
.
|
.
|
.
|
|
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
|
.
|
.
|
.
|
.
|
|
23 |
Less: Current taxes on income, wealth, etc. (paid)
|
.
|
.
|
.
|
.
|
|
24 |
Less: Other current transfers (paid)
|
.
|
.
|
.
|
.
|
|
25 |
Equals: Disposable income, net
|
.
|
.
|
.
|
.
|
|
26 |
Equals: Net saving
|
.
|
.
|
.
|
.
|
|
|
Capital account
|
|
|
|
|
|
27 |
Net saving less capital transfers
|
.
|
.
|
.
|
.
|
|
28 |
Net saving
|
.
|
.
|
.
|
.
|
|
29 |
Less: Capital transfers paid (net)
|
.
|
.
|
.
|
.
|
|
30 |
Capital formation, net
|
.
|
.
|
.
|
.
|
|
31 |
Gross fixed capital formation (nonresidential)
|
.
|
.
|
.
|
.
|
|
32 |
Less: Consumption of fixed capital
|
.
|
.
|
.
|
.
|
|
33 |
Net lending (+) or borrowing (-), capital account (lines 27-30)
|
.
|
.
|
.
|
.
|
|
|
Financial account
|
|
|
|
|
|
34 |
Net lending (+) or borrowing (-) (line 33)
|
.
|
.
|
.
|
.
|
|
35 |
Net acquisition of financial assets
|
2022
|
1,223,047
|
2,938,142
|
2,938,142
|
|
36 |
Currency and deposits
|
2022
|
106,242
|
-47,588
|
-47,588
|
|
37 |
Debt securities
|
2022
|
-169,153
|
-431,135
|
-431,135
|
|
38 |
Open market paper
|
2022
|
148,905
|
4,779
|
4,779
|
|
39 |
Treasury securities
|
2022
|
-517,309
|
-432,337
|
-432,337
|
|
40 |
Agency- and GSE-backed securities
|
2022
|
286,380
|
-485,741
|
-485,741
|
|
41 |
Municipal securities
|
2022
|
-83,722
|
119,650
|
119,650
|
|
42 |
Corporate and foreign bonds
|
2022
|
-3,407
|
362,514
|
362,514
|
|
43 |
Loans
|
2022
|
1,791,105
|
2,593,870
|
2,593,870
|
|
44 |
Short term
|
2022
|
1,184,107
|
1,630,441
|
1,630,441
|
|
45 |
Long term (mortgages)
|
2022
|
613,042
|
967,811
|
967,811
|
|
46 |
Equity and investment fund shares
|
2022
|
25,933
|
700,554
|
700,554
|
|
47 |
Corporate equities
|
2022
|
12,535
|
380,565
|
380,565
|
|
48 |
Money market fund shares
|
2022
|
-34,713
|
163,974
|
163,974
|
|
49 |
Equity in government-sponsored enterprises
|
2022
|
-14
|
-28
|
-28
|
|
50 |
U.S. direct investment abroad
|
2022
|
27,982
|
23,098
|
23,098
|
|
51 |
Investment in subsidiaries
|
2022
|
-39,778
|
186,565
|
186,565
|
|
52 |
Insurance, pension and standardized guarantee schemes
|
2022
|
4,000
|
4,000
|
4,000
|
|
53 |
Other accounts receivable
|
2022
|
-535,080
|
118,441
|
118,441
|
|
54 |
Net incurrence of liabilities
|
2022
|
409,033
|
1,957,006
|
1,957,006
|
|
55 |
Currency and deposits
|
2022
|
-3,492
|
-1,037
|
-1,037
|
|
56 |
Debt securities
|
2022
|
1,190,297
|
899,465
|
899,465
|
|
57 |
Agency- and GSE-backed securities
|
2022
|
1,018,336
|
612,888
|
612,888
|
|
58 |
Corporate bonds
|
2022
|
115,469
|
282,289
|
282,289
|
|
59 |
Commercial paper
|
2022
|
56,492
|
4,288
|
4,288
|
|
60 |
Loans
|
2022
|
-94,895
|
15,380
|
15,380
|
|
61 |
Short term
|
2022
|
-81,749
|
16,959
|
16,959
|
|
62 |
Long term (mortgages)
|
2022
|
15,594
|
-8,924
|
-8,924
|
|
63 |
Equity and investment fund shares
|
2022
|
-54,808
|
1,428,774
|
1,428,774
|
|
64 |
Money market fund shares
|
2022
|
17,606
|
439,535
|
439,535
|
|
65 |
Corporate equity issues
|
2022
|
563,054
|
875,478
|
875,478
|
|
66 |
Mutual fund shares
|
2022
|
-779,066
|
215,720
|
215,720
|
|
67 |
Equity in government-sponsored enterprises
|
2022
|
18,101
|
-903
|
-903
|
|
68 |
Foreign direct investment in the United States
|
2022
|
7,925
|
22,143
|
22,143
|
|
69 |
Equity in noncorporate business
|
.
|
.
|
.
|
.
|
|
70 |
Investment by parent
|
2022
|
31,663
|
754
|
754
|
|
71 |
Other accounts payable
|
2022
|
49,843
|
395,288
|
395,288
|
|
|
Addendum:
|
|
|
|
|
|
72 |
Net lending (+) or borrowing (-), financial account (lines 35-54)
|
2022
|
136,103
|
200,272
|
200,272
|
|
|
Other changes in volume account
|
|
|
|
|
|
73 |
Total other volume changes
|
.
|
.
|
.
|
.
|
|
74 |
Disaster losses
|
.
|
.
|
.
|
.
|
|
75 |
Other volume changes
|
.
|
.
|
.
|
.
|
|
76 |
Less: Statistical discrepancy (lines 33-72)
|
.
|
.
|
.
|
.
|
|
|
Revaluation account
|
|
|
|
|
|
77 |
Nonfinancial assets
|
.
|
.
|
.
|
.
|
|
78 |
Structures (nonresidential)
|
2022
|
125,414
|
120,004
|
120,004
|
|
79 |
Equipment
|
2022
|
37,597
|
35,783
|
35,783
|
|
80 |
Intellectual property products
|
2022
|
-1,606
|
-745
|
-745
|
|
81 |
Financial assets
|
2022
|
-6,011,202
|
3,163,323
|
3,163,323
|
|
82 |
Debt securities
|
2022
|
-1,239,711
|
-317,364
|
-317,364
|
|
83 |
Corporate equities
|
2022
|
-4,595,393
|
3,365,139
|
3,365,139
|
|
84 |
U.S. direct investment abroad
|
2022
|
-83,031
|
54,368
|
54,368
|
|
85 |
Liabilities
|
2022
|
-6,366,518
|
5,369,930
|
5,369,930
|
|
86 |
Corporate equity issues
|
2022
|
-2,088,075
|
2,795,788
|
2,795,788
|
|
87 |
Mutual fund shares
|
2022
|
-4,096,379
|
2,430,485
|
2,430,485
|
|
88 |
Foreign direct investment in the United States
|
2022
|
-182,065
|
143,657
|
143,657
|
|
89 |
Equity in noncorporate business
|
.
|
.
|
.
|
.
|
|
90 |
Investment by parent
|
2022
|
0
|
0
|
0
|
|
91 |
Changes in net worth due to nominal holding gains/losses
|
2022
|
516,721
|
-2,051,566
|
-2,051,566
|
|
|
Changes in balance sheet account
|
|
|
|
|
|
92 |
Change in net worth (lines 30+33+73+91)
|
2022
|
934,811
|
-1,687,828
|
-1,687,828
|
|
|
Balance sheet account (end of period)
|
|
|
|
|
|
93 |
Total assets
|
2022
|
57,529,697
|
61,766,513
|
61,766,513
|
|
94 |
Nonfinancial assets
|
.
|
.
|
.
|
.
|
|
95 |
Structures (nonresidential)
|
2022
|
951,938
|
824,075
|
824,075
|
|
96 |
Equipment
|
2022
|
553,140
|
525,909
|
525,909
|
|
97 |
Intellectual property products
|
2022
|
157,342
|
144,832
|
144,832
|
|
98 |
Financial assets
|
2022
|
55,867,277
|
60,271,697
|
60,271,697
|
|
99 |
Currency and deposits
|
2022
|
1,388,407
|
1,282,165
|
1,282,165
|
|
100 |
Debt securities
|
2022
|
9,942,676
|
11,331,367
|
11,331,367
|
|
101 |
Open market paper
|
2022
|
678,595
|
507,984
|
507,984
|
|
102 |
Treasury securities
|
2022
|
3,390,434
|
4,230,632
|
4,230,632
|
|
103 |
Agency- and GSE-backed securities
|
2022
|
1,596,984
|
1,406,154
|
1,406,154
|
|
104 |
Municipal securities
|
2022
|
1,079,627
|
1,302,450
|
1,302,450
|
|
105 |
Corporate and foreign bonds
|
2022
|
3,197,036
|
3,884,147
|
3,884,147
|
|
106 |
Loans
|
2022
|
19,481,745
|
17,678,444
|
17,678,444
|
|
107 |
Short term
|
2022
|
8,099,723
|
6,915,616
|
6,915,616
|
|
108 |
Long term (mortgages)
|
2022
|
11,386,503
|
10,761,265
|
10,761,265
|
|
109 |
Equity and investment fund shares
|
2022
|
21,350,248
|
26,089,895
|
26,089,895
|
|
110 |
Corporate equities
|
2022
|
17,112,582
|
21,695,440
|
21,695,440
|
|
111 |
Money market fund shares
|
2022
|
555,642
|
590,355
|
590,355
|
|
112 |
Equity in government-sponsored enterprises
|
2022
|
17
|
31
|
31
|
|
113 |
U.S. direct investment abroad
|
.
|
.
|
.
|
.
|
|
114 |
Investment in subsidiaries
|
2022
|
3,528,104
|
3,578,583
|
3,578,583
|
|
115 |
Insurance, pension and standardized guarantee schemes
|
2022
|
77,017
|
73,016
|
73,016
|
|
116 |
Other accounts receivable
|
2022
|
3,627,185
|
3,816,811
|
3,816,811
|
|
117 |
Total liabilities and net worth
|
2022
|
57,529,697
|
61,766,513
|
61,766,513
|
|
118 |
Liabilities
|
2022
|
59,660,949
|
64,832,576
|
64,832,576
|
|
119 |
Currency and deposits
|
2022
|
10,811
|
14,303
|
14,303
|
|
120 |
Debt securities
|
2022
|
16,554,616
|
15,365,363
|
15,365,363
|
|
121 |
Agency- and GSE-backed securities
|
2022
|
11,697,690
|
10,679,354
|
10,679,354
|
|
122 |
Corporate bonds
|
2022
|
4,466,247
|
4,351,822
|
4,351,822
|
|
123 |
Commercial paper
|
2022
|
390,679
|
334,187
|
334,187
|
|
124 |
Loans
|
2022
|
3,774,377
|
3,877,765
|
3,877,765
|
|
125 |
Short term
|
2022
|
3,419,090
|
3,500,839
|
3,500,839
|
|
126 |
Long term (mortgages)
|
2022
|
263,207
|
247,613
|
247,613
|
|
127 |
Equity and investment fund shares
|
2022
|
36,339,984
|
42,762,112
|
42,762,112
|
|
128 |
Money market fund shares
|
2022
|
5,223,061
|
5,205,455
|
5,205,455
|
|
129 |
Corporate equity issues
|
2022
|
12,754,727
|
14,279,748
|
14,279,748
|
|
130 |
Mutual fund shares
|
2022
|
17,333,316
|
22,208,761
|
22,208,761
|
|
131 |
Equity in government-sponsored enterprises
|
2022
|
58,970
|
40,869
|
40,869
|
|
132 |
Foreign direct investment in the United States
|
.
|
.
|
.
|
.
|
|
133 |
Equity in noncorporate business
|
.
|
.
|
.
|
.
|
|
134 |
Investment by parent
|
2022
|
1,046,413
|
1,025,451
|
1,025,451
|
|
135 |
Other accounts payable
|
2022
|
2,981,161
|
2,813,033
|
2,813,033
|
|
136 |
Net worth
|
2022
|
-2,131,252
|
-3,066,063
|
-3,066,063
|