|
|
|
Current account
|
|
|
|
|
|
|
1 |
Gross value added
|
Q1 2022
|
916,935
|
904,928
|
873,574
|
|
|
2 |
Less: Consumption of fixed capital
|
Q1 2022
|
336,301
|
328,758
|
312,745
|
|
|
3 |
Equals: Net value added
|
Q1 2022
|
580,634
|
576,170
|
560,829
|
|
|
4 |
Compensation of employees (paid)
|
Q1 2022
|
585,160
|
577,212
|
562,474
|
|
|
5 |
Operating surplus, net
|
Q1 2022
|
-4,526
|
-1,042
|
-1,645
|
|
|
6 |
Net national income/Balance of primary incomes, net
|
Q1 2022
|
-353,433
|
-515,723
|
-632,114
|
|
|
7 |
Operating surplus, net
|
Q1 2022
|
-4,526
|
-1,042
|
-1,645
|
|
|
8 |
Taxes on production and imports, receivable
|
Q1 2022
|
193,235
|
178,254
|
166,232
|
|
|
9 |
Subsidies (paid)
|
Q1 2022
|
-149,409
|
-304,683
|
-403,764
|
|
|
10 |
Property income received, net
|
Q1 2022
|
-392,733
|
-388,252
|
-392,937
|
|
|
11 |
Net national income/Balance of primary incomes, net
|
Q1 2022
|
-353,433
|
-515,723
|
-632,114
|
|
|
12 |
Plus: Current taxes on income, wealth, etc. (received)
|
Q1 2022
|
2,655,677
|
2,438,484
|
2,127,743
|
|
|
13 |
Plus: Social benefits (received)
|
Q1 2022
|
1,682,025
|
1,638,989
|
1,517,944
|
|
|
14 |
Less: Social contributions (paid)
|
Q1 2022
|
2,909,117
|
2,964,012
|
5,107,387
|
|
|
15 |
Plus: Other current transfers (received)
|
Q1 2022
|
55,643
|
57,472
|
62,757
|
|
|
16 |
Less: Other current transfers (paid)
|
Q1 2022
|
977,902
|
957,696
|
837,856
|
|
|
17 |
Equals: Disposable income, net
|
Q1 2022
|
152,893
|
-302,486
|
-2,868,913
|
|
|
18 |
Less: Final consumption expenditures
|
Q1 2022
|
1,195,087
|
1,195,648
|
1,219,947
|
|
|
19 |
Equals: Net saving
|
Q1 2022
|
-1,042,194
|
-1,498,134
|
-4,088,860
|
|
|
|
Capital account
|
|
|
|
|
|
|
20 |
Net saving less capital transfers
|
Q1 2022
|
-1,110,152
|
-1,564,523
|
-4,366,041
|
|
|
21 |
Net saving
|
Q1 2022
|
-1,042,194
|
-1,498,134
|
-4,088,860
|
|
|
22 |
Less: Capital transfers paid (net)
|
Q1 2022
|
67,958
|
66,389
|
277,181
|
|
|
23 |
Capital formation, net
|
Q1 2022
|
-285,811
|
41,704
|
17,671
|
|
|
24 |
Gross fixed capital formation (acquisition of produced nonfinancial assets)
|
Q1 2022
|
374,913
|
370,504
|
348,686
|
|
|
25 |
Less: Consumption of fixed capital
|
Q1 2022
|
336,301
|
328,758
|
312,745
|
|
|
26 |
Acquisition of nonproduced nonfinancial assets
|
Q1 2022
|
-324,423
|
-42
|
-18,270
|
|
|
27 |
Net lending (+) or borrowing (-), capital account (lines 20-23)
|
.
|
.
|
.
|
.
|
|
|
|
Financial account
|
|
|
|
|
|
|
28 |
Net lending (+) or borrowing (-) (line 27)
|
.
|
.
|
.
|
.
|
|
|
29 |
Net acquisition of financial assets
|
Q1 2022
|
1,391,960
|
806,982
|
-2,395,212
|
|
|
30 |
Monetary gold and SDRs
|
Q1 2022
|
2,000
|
3,340
|
32
|
|
|
31 |
Monetary gold
|
Q1 2022
|
0
|
0
|
0
|
|
|
32 |
SDR holdings
|
Q1 2022
|
2,000
|
3,340
|
32
|
|
|
33 |
Currency and deposits
|
Q1 2022
|
1,166,322
|
655,848
|
-2,247,638
|
|
|
34 |
Official foreign currencies
|
Q1 2022
|
-400
|
18
|
100
|
|
|
35 |
Reserve position in IMF (net)
|
Q1 2022
|
-2,004
|
8,680
|
-8,624
|
|
|
36 |
Currency and transferable deposits
|
Q1 2022
|
1,168,481
|
644,666
|
-2,274,594
|
|
|
37 |
Time and savings deposits
|
Q1 2022
|
244
|
2,484
|
35,480
|
|
|
38 |
Nonofficial foreign currencies
|
Q1 2022
|
1
|
0
|
0
|
|
|
39 |
Debt securities
|
Q1 2022
|
0
|
0
|
0
|
|
|
40 |
Agency- and GSE-backed securities
|
Q1 2022
|
0
|
0
|
0
|
|
|
41 |
Corporate and foreign bonds
|
Q1 2022
|
0
|
0
|
0
|
|
|
42 |
Loans
|
Q1 2022
|
229,388
|
217,892
|
112,667
|
|
|
43 |
Short term
|
Q1 2022
|
222,180
|
211,392
|
108,315
|
|
|
44 |
Consumer credit
|
Q1 2022
|
37,927
|
21,016
|
78,483
|
|
|
45 |
Other loans and advances
|
Q1 2022
|
184,253
|
190,376
|
29,832
|
|
|
46 |
Long term (mortgages)
|
Q1 2022
|
7,208
|
6,500
|
4,352
|
|
|
47 |
Equity and investment fund shares
|
Q1 2022
|
-3,473
|
-22,404
|
-244,212
|
|
|
48 |
Corporate equities
|
Q1 2022
|
0
|
-40
|
-40
|
|
|
49 |
Equity in international organizations
|
Q1 2022
|
-3,469
|
0
|
4,676
|
|
|
50 |
Equity in government-sponsored enterprises
|
Q1 2022
|
0
|
0
|
0
|
|
|
51 |
Equity investment under Public-Private Inv. Program
|
Q1 2022
|
0
|
0
|
0
|
|
|
52 |
Other accounts receivable
|
Q1 2022
|
-2,276
|
-47,654
|
-16,022
|
|
|
53 |
Trade receivables
|
Q1 2022
|
11,584
|
4,518
|
30,214
|
|
|
54 |
Taxes receivable
|
Q1 2022
|
-21,576
|
-60,844
|
-54,740
|
|
|
55 |
Other (miscellaneous assets)
|
Q1 2022
|
7,716
|
8,672
|
8,504
|
|
|
56 |
Net incurrence of liabilities
|
Q1 2022
|
3,539,097
|
2,026,426
|
1,810,502
|
|
|
57 |
SDR allocations
|
Q1 2022
|
0
|
0
|
0
|
|
|
58 |
Currency and deposits
|
Q1 2022
|
0
|
0
|
0
|
|
|
59 |
Debt securities
|
Q1 2022
|
3,765,643
|
3,345,898
|
2,122,311
|
|
|
60 |
Treasury securities
|
Q1 2022
|
3,767,203
|
3,344,754
|
2,123,831
|
|
|
61 |
Federal agency securities
|
Q1 2022
|
-1,560
|
1,144
|
-1,520
|
|
|
62 |
Loans
|
Q1 2022
|
0
|
-722,228
|
0
|
|
|
63 |
Insurance, pension and standardized guarantee schemes
|
Q1 2022
|
-87,819
|
-317,862
|
-52,088
|
|
|
64 |
Insurance reserves
|
Q1 2022
|
884
|
-376
|
1,136
|
|
|
65 |
Retiree Health Care Funds
|
Q1 2022
|
28,053
|
21,408
|
14,485
|
|
|
66 |
Claims of pension fund on sponsor
|
Q1 2022
|
-116,756
|
-338,894
|
-67,709
|
|
|
67 |
Other accounts payable
|
Q1 2022
|
-138,727
|
-279,383
|
-259,721
|
|
|
68 |
SDR certificates
|
Q1 2022
|
0
|
0
|
0
|
|
|
69 |
Trade payables
|
Q1 2022
|
74,653
|
83,565
|
35,747
|
|
|
70 |
Other (miscellaneous liabilities)
|
Q1 2022
|
-4,156
|
3,904
|
-21,636
|
|
|
|
Addendum:
|
|
|
|
|
|
|
71 |
Net lending (+) or borrowing (-), financial account (lines 29-56)
|
Q1 2022
|
-2,147,137
|
-1,219,443
|
-4,205,714
|
|
|
|
Other changes in volume account
|
|
|
|
|
|
|
72 |
Total other volume changes
|
Q1 2022
|
-99,471
|
-83,830
|
183,081
|
|
|
73 |
Disaster losses
|
Q1 2022
|
0
|
0
|
0
|
|
|
74 |
Other volume changes
|
Q1 2022
|
74,034
|
-5,047
|
-6,876
|
|
|
75 |
Less: Statistical discrepancy ((lines 27-71)/4)
|
Q1 2022
|
173,505
|
78,782
|
-189,957
|
|
|
|
Revaluation account
|
|
|
|
|
|
|
76 |
Nonfinancial assets
|
Q1 2022
|
100,690
|
80,065
|
43,424
|
|
|
77 |
Structures
|
Q1 2022
|
64,331
|
51,453
|
32,796
|
|
|
78 |
Equipment
|
Q1 2022
|
18,283
|
14,057
|
3,209
|
|
|
79 |
Intellectual property products
|
Q1 2022
|
18,077
|
14,555
|
7,420
|
|
|
80 |
Financial assets
|
Q1 2022
|
-1,531
|
-1,317
|
-1,404
|
|
|
81 |
Monetary gold and SDRs
|
Q1 2022
|
-998
|
-1,080
|
-848
|
|
|
82 |
Currency and deposits
|
Q1 2022
|
-533
|
-237
|
-556
|
|
|
83 |
Corporate equities
|
Q1 2022
|
0
|
0
|
0
|
|
|
84 |
Equity investment under Public-Private Inv. Program
|
Q1 2022
|
0
|
0
|
0
|
|
|
85 |
Liabilities (SDR allocations)
|
Q1 2022
|
-1,975
|
-1,066
|
-814
|
|
|
86 |
Changes in net worth due to nominal holding gains/losses
|
Q1 2022
|
101,134
|
79,814
|
42,834
|
|
|
|
Changes in balance sheet account
|
|
|
|
|
|
|
87 |
Change in net worth ((lines 23+27)/4 + lines 72+86)
|
Q1 2022
|
-256,134
|
-351,071
|
-860,386
|
|
|
|
Balance sheet account (end of period)
|
|
|
|
|
|
|
88 |
Total assets
|
Q1 2022
|
8,093,036
|
7,622,087
|
7,858,946
|
|
|
89 |
Nonfinancial assets
|
Q1 2022
|
4,133,507
|
4,024,610
|
3,784,857
|
|
|
90 |
Structures
|
Q1 2022
|
1,937,316
|
1,875,472
|
1,736,717
|
|
|
91 |
Equipment
|
Q1 2022
|
931,170
|
908,103
|
859,958
|
|
|
92 |
Intellectual property products
|
Q1 2022
|
1,265,021
|
1,241,035
|
1,188,182
|
|
|
93 |
Financial assets
|
Q1 2022
|
3,959,529
|
3,597,477
|
4,074,089
|
|
|
94 |
Monetary gold and SDRs
|
Q1 2022
|
163,135
|
163,633
|
52,106
|
|
|
95 |
Monetary gold
|
Q1 2022
|
4
|
4
|
4
|
|
|
96 |
SDR holdings
|
Q1 2022
|
163,131
|
163,629
|
52,102
|
|
|
97 |
Currency and deposits
|
Q1 2022
|
715,446
|
471,312
|
1,184,474
|
|
|
98 |
Official foreign currencies
|
Q1 2022
|
19,504
|
20,154
|
20,965
|
|
|
99 |
Reserve position in IMF (net)
|
Q1 2022
|
35,074
|
36,108
|
33,925
|
|
|
100 |
Currency and transferable deposits
|
Q1 2022
|
655,813
|
410,056
|
1,117,106
|
|
|
101 |
Time and savings deposits
|
Q1 2022
|
2,429
|
2,368
|
9,851
|
|
|
102 |
Nonofficial foreign currencies
|
Q1 2022
|
2,626
|
2,626
|
2,627
|
|
|
103 |
Debt securities
|
Q1 2022
|
493
|
493
|
493
|
|
|
104 |
Agency- and GSE-backed securities
|
Q1 2022
|
1
|
1
|
1
|
|
|
105 |
Corporate and foreign bonds
|
Q1 2022
|
492
|
492
|
492
|
|
|
106 |
Loans
|
Q1 2022
|
2,170,532
|
2,104,611
|
1,964,810
|
|
|
107 |
Short term
|
Q1 2022
|
2,035,586
|
1,971,467
|
1,836,571
|
|
|
108 |
Consumer credit
|
Q1 2022
|
1,454,412
|
1,436,356
|
1,410,110
|
|
|
109 |
Other loans and advances
|
Q1 2022
|
581,174
|
535,111
|
426,461
|
|
|
110 |
Long term (mortgages)
|
Q1 2022
|
134,946
|
133,144
|
128,239
|
|
|
111 |
Equity and investment fund shares
|
Q1 2022
|
90,902
|
91,770
|
122,253
|
|
|
112 |
Corporate equities
|
Q1 2022
|
33,158
|
33,158
|
33,168
|
|
|
113 |
Equity in international organizations
|
Q1 2022
|
69,645
|
70,512
|
70,475
|
|
|
114 |
Equity in government-sponsored enterprises
|
Q1 2022
|
0
|
0
|
0
|
|
|
115 |
Equity investment under Public-Private Inv. Program
|
Q1 2022
|
0
|
0
|
0
|
|
|
116 |
Other accounts receivable
|
Q1 2022
|
785,863
|
732,500
|
716,785
|
|
|
117 |
Trade receivables
|
Q1 2022
|
98,011
|
95,512
|
92,071
|
|
|
118 |
Taxes receivable
|
Q1 2022
|
526,658
|
477,723
|
470,785
|
|
|
119 |
Other (miscellaneous assets)
|
Q1 2022
|
161,194
|
159,265
|
153,929
|
|
|
120 |
Total liabilities and net worth
|
Q1 2022
|
8,093,036
|
7,622,087
|
7,858,946
|
|
|
121 |
Liabilities
|
Q1 2022
|
28,858,812
|
28,131,729
|
26,938,694
|
|
|
122 |
SDR allocations
|
Q1 2022
|
158,785
|
160,760
|
50,050
|
|
|
123 |
Currency and deposits
|
Q1 2022
|
23,006
|
23,006
|
23,126
|
|
|
124 |
Debt securities
|
Q1 2022
|
26,035,871
|
25,304,484
|
23,962,809
|
|
|
125 |
Treasury securities
|
Q1 2022
|
26,016,474
|
25,284,697
|
23,942,982
|
|
|
126 |
Federal agency securities
|
Q1 2022
|
19,397
|
19,787
|
19,827
|
|
|
127 |
Loans
|
Q1 2022
|
0
|
0
|
0
|
|
|
128 |
Insurance, pension and standardized guarantee schemes
|
Q1 2022
|
2,041,229
|
2,016,391
|
2,086,708
|
|
|
129 |
Insurance reserves
|
Q1 2022
|
52,869
|
52,648
|
52,655
|
|
|
130 |
Retiree Health Care Funds
|
Q1 2022
|
346,811
|
345,080
|
322,181
|
|
|
131 |
Claims of pension fund on sponsor
|
Q1 2022
|
1,641,549
|
1,618,663
|
1,711,872
|
|
|
132 |
Other accounts payable
|
Q1 2022
|
599,921
|
627,088
|
816,001
|
|
|
133 |
SDR certificates
|
Q1 2022
|
5,200
|
5,200
|
5,200
|
|
|
134 |
Trade payables
|
Q1 2022
|
540,735
|
515,596
|
464,097
|
|
|
135 |
Other (miscellaneous liabilities)
|
Q1 2022
|
0
|
0
|
0
|
|
|
136 |
Net worth
|
Q1 2022
|
-20,765,776
|
-20,509,642
|
-19,079,748
|
