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Annual Tables:
S.8.a State and Local Governments

   
    1945    
 
 
    2021
Millions of Dollars
Line Name Period Value Preceding
Period
Year Ago
from Period
Current account
1
Gross value added
2021 1,930,684 1,860,459 1,860,459
2
Less: Consumption of fixed capital
2021 325,237 302,827 302,827
3
Equals: Net value added
2021 1,605,447 1,557,633 1,557,633
4
Compensation of employees (paid)
2021 1,617,148 1,574,459 1,574,459
5
Wages and salaries
. . . .
6
Employers’ social contributions
. . . .
7
Operating surplus, net
2021 -11,701 -16,826 -16,826
8
Net national income/Balance of primary incomes, net
2021 1,259,295 1,160,565 1,160,565
9
Operating surplus, net
2021 -11,701 -16,826 -16,826
10
Taxes on production and imports, receivable
2021 1,467,352 1,376,644 1,376,644
11
Subsidies (paid)
2021 -3,109 -623 -623
12
Property income (received)
. . . .
13
Interest
2021 78,418 76,848 76,848
14
Distributed income of corporations (dividends)
2021 6,484 6,272 6,272
15
Rents on land and natural resources
2021 13,606 13,287 13,287
16
Less: Uses of property income (interest paid)
. . . .
17
Net national income/Balance of primary incomes, net
2021 1,259,295 1,160,565 1,160,565
18
Plus: Current taxes on income, wealth, etc. (received)
2021 692,207 586,957 586,957
19
Plus: Social benefits (received)
2021 22,102 19,892 19,892
20
Less: Social contributions (paid)
2021 901,998 808,263 808,263
21
Plus: Other current transfers (received)
2021 1,250,939 1,033,529 1,033,529
22
Less: Other current transfers (paid)
2021 0 0 0
23
Equals: Disposable income, net
2021 2,322,543 1,992,681 1,992,681
24
Less: Final consumption expenditures
2021 2,045,432 1,916,544 1,916,544
25
Equals: Net saving
. . . .
Capital account
26
Net saving less capital transfers
. . . .
27
Net saving
. . . .
28
Less: Capital transfers paid (net)
2021 -84,805 -82,671 -82,671
29
Capital formation, net
2021 135,443 155,726 155,726
30
Gross fixed capital formation (acquisition of produced nonfinancial assets)
2021 442,293 441,216 441,216
31
Less: Consumption of fixed capital
2021 325,237 302,827 302,827
32
Acquisition of nonproduced nonfinancial assets
2021 18,387 17,337 17,337
33
Net lending (+) or borrowing (-), capital account (lines 26-29)
. . . .
Financial account
34
Net lending (+) or borrowing (-) (line 33)
. . . .
35
Net acquisition of financial assets
2021 557,024 351,608 351,608
36
Currency and deposits
2021 84,504 81,255 81,255
37
Currency and transferable deposits
2021 115,741 90,797 90,797
38
Time and savings deposits
. . . .
39
Debt securities
2021 356,597 219,765 219,765
40
Open market paper
2021 4,000 -425 -425
41
Treasury securities
2021 393,019 291,326 291,326
42
Agency- and GSE-backed securities
2021 -32,723 -71,405 -71,405
43
Municipal securities
2021 3,812 1,479 1,479
44
Corporate and foreign bonds
2021 -11,511 -1,210 -1,210
45
Loans
2021 13,319 21,004 21,004
46
Short term
2021 10,000 15,698 15,698
47
Long term (mortgages)
2021 3,319 5,306 5,306
48
Equity and investment fund shares
2021 13,103 11,261 11,261
49
Money market fund shares
2021 15,303 13,461 13,461
50
Corporate equities
2021 -3,400 -3,400 -3,400
51
Mutual fund shares
2021 1,200 1,200 1,200
52
Other accounts receivable
2021 89,500 18,323 18,323
53
Trade receivables
2021 39,894 -12,881 -12,881
54
Taxes receivable
2021 5,010 13,093 13,093
55
Other (miscellaneous assets)
2021 44,596 18,111 18,111
56
Net incurrence of liabilities
2021 377,043 395,173 395,173
57
Debt securities (municipals)
2021 66,913 88,741 88,741
58
Short term
2021 -13,660 1,726 1,726
59
Other
2021 80,573 87,015 87,015
60
Loans (short term)
2021 465 999 999
61
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
2021 257,039 257,033 257,033
62
Other accounts payable (trade payables)
2021 52,626 48,400 48,400
Addendum:
63
Net lending (+) or borrowing (-), financial account (lines 35-56)
2021 179,981 -43,565 -43,565
Other changes in volume account
64
Total other volume changes
2021 -165,907 -87,169 -87,169
65
Disaster losses
2021 -4,000 0 0
66
Other volume changes
2021 -115,414 -40,523 -40,523
67
Less: Statistical discrepancy (lines 33-63)
2021 46,492 46,646 46,646
Revaluation account
68
Nonfinancial assets
2021 1,308,430 268,815 268,815
69
Structures
2021 1,286,534 260,954 260,954
70
Equipment
2021 16,127 3,326 3,326
71
Intellectual property products
2021 5,769 4,535 4,535
72
Financial assets (equity and investment fund shares)
2021 73,633 51,966 51,966
73
Liabilities (claim of pension funds on sponsor)
2021 -749,002 -504,925 -504,925
74
Changes in net worth due to nominal holding gains/losses
2021 2,131,065 825,706 825,706
Changes in balance sheet account
75
Change in net worth (lines 29+33+64+74)
2021 2,327,075 897,344 897,344
Balance sheet account (end of period)
76
Total assets
2021 18,265,255 16,290,610 16,290,610
77
Nonfinancial assets
2021 13,834,153 12,412,782 12,412,782
78
Structures
2021 13,370,839 11,980,631 11,980,631
79
Equipment
2021 293,782 274,966 274,966
80
Intellectual property products
2021 169,532 157,185 157,185
81
Financial assets
2021 4,431,102 3,877,828 3,877,828
82
Currency and deposits
2021 727,988 643,484 643,484
83
Currency and transferable deposits
2021 345,613 229,872 229,872
84
Time and savings deposits
. . . .
85
Debt securities
2021 2,177,428 1,898,134 1,898,134
86
Open market paper
2021 81,148 77,148 77,148
87
Treasury securities
2021 1,451,389 1,111,901 1,111,901
88
Agency- and GSE-backed securities
2021 422,399 466,517 466,517
89
Municipal securities
2021 22,239 18,639 18,639
90
Corporate and foreign bonds
2021 200,253 223,929 223,929
91
Loans
2021 454,219 440,979 440,979
92
Short term
2021 189,249 179,249 179,249
93
Long term (mortgages)
2021 264,970 261,730 261,730
94
Equity and investment fund shares
2021 489,557 402,821 402,821
95
Money market fund shares
2021 55,301 39,998 39,998
96
Corporate equities
2021 306,377 250,043 250,043
97
Mutual fund shares
2021 127,879 112,780 112,780
98
Other accounts receivable
2021 581,909 492,410 492,410
99
Trade receivables
2021 276,352 236,458 236,458
100
Taxes receivable
2021 199,035 194,026 194,026
101
Other (miscellaneous assets)
2021 106,522 61,926 61,926
102
Total liabilities and net worth
2021 18,265,255 16,290,610 16,290,610
103
Liabilities
2021 7,972,502 8,324,932 8,324,932
104
Debt securities (municipals)
2021 3,252,251 3,185,338 3,185,338
105
Short term
2021 32,906 46,566 46,566
106
Other
2021 3,219,345 3,138,772 3,138,772
107
Loans (short term)
2021 22,562 22,097 22,097
108
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
2021 3,547,887 4,020,321 4,020,321
109
Other accounts payable (trade payables)
2021 1,149,802 1,097,176 1,097,176
110
Net worth
2021 10,292,753 7,965,678 7,965,678
   

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