|
|
|
Current account
|
|
|
|
|
|
|
1 |
Gross value added
|
Q3 2020
|
856,305
|
844,156
|
823,012
|
|
|
2 |
Less: Consumption of fixed capital
|
Q3 2020
|
305,820
|
303,580
|
295,795
|
|
|
3 |
Equals: Net value added
|
Q3 2020
|
550,485
|
540,576
|
527,217
|
|
|
4 |
Compensation of employees (paid)
|
Q3 2020
|
550,214
|
541,009
|
529,321
|
|
|
5 |
Operating surplus, net
|
Q3 2020
|
271
|
-433
|
-2,104
|
|
|
6 |
Net national income/Balance of primary incomes, net
|
Q3 2020
|
-1,484,627
|
-1,406,619
|
-390,773
|
|
|
7 |
Operating surplus, net
|
Q3 2020
|
271
|
-433
|
-2,104
|
|
|
8 |
Taxes on production and imports, receivable
|
Q3 2020
|
144,666
|
131,435
|
175,050
|
|
|
9 |
Subsidies (paid)
|
Q3 2020
|
-1,212,689
|
-1,085,933
|
-81,396
|
|
|
10 |
Property income received, net
|
Q3 2020
|
-416,875
|
-451,688
|
-482,323
|
|
|
11 |
Net national income/Balance of primary incomes, net
|
Q3 2020
|
-1,484,627
|
-1,406,619
|
-390,773
|
|
|
12 |
Plus: Current taxes on income, wealth, etc. (received)
|
Q3 2020
|
1,919,799
|
1,798,250
|
1,942,642
|
|
|
13 |
Plus: Social benefits (received)
|
Q3 2020
|
1,434,758
|
1,374,205
|
1,402,316
|
|
|
14 |
Less: Social contributions (paid)
|
Q3 2020
|
3,516,191
|
4,849,360
|
2,355,736
|
|
|
15 |
Plus: Other current transfers (received)
|
Q3 2020
|
58,507
|
57,923
|
82,865
|
|
|
16 |
Less: Other current transfers (paid)
|
Q3 2020
|
782,283
|
1,444,562
|
660,794
|
|
|
17 |
Equals: Disposable income, net
|
Q3 2020
|
-2,370,037
|
-4,470,163
|
20,520
|
|
|
18 |
Less: Final consumption expenditures
|
Q3 2020
|
1,144,569
|
1,168,119
|
1,104,573
|
|
|
19 |
Equals: Net saving
|
Q3 2020
|
-3,514,606
|
-5,638,282
|
-1,084,053
|
|
|
|
Capital account
|
|
|
|
|
|
|
20 |
Net saving less capital transfers
|
Q3 2020
|
-3,584,915
|
-5,706,102
|
-1,148,631
|
|
|
21 |
Net saving
|
Q3 2020
|
-3,514,606
|
-5,638,282
|
-1,084,053
|
|
|
22 |
Less: Capital transfers paid (net)
|
Q3 2020
|
70,309
|
67,820
|
64,578
|
|
|
23 |
Capital formation, net
|
Q3 2020
|
25,273
|
32,955
|
27,160
|
|
|
24 |
Gross fixed capital formation (acquisition of produced nonfinancial assets)
|
Q3 2020
|
342,233
|
336,662
|
324,708
|
|
|
25 |
Less: Consumption of fixed capital
|
Q3 2020
|
305,820
|
303,580
|
295,795
|
|
|
26 |
Acquisition of nonproduced nonfinancial assets
|
Q3 2020
|
-11,140
|
-127
|
-1,753
|
|
|
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
|
Q3 2020
|
-86,742
|
6,189,620
|
474,552
|
|
|
30 |
Monetary gold and SDRs
|
Q3 2020
|
64
|
80
|
252
|
|
|
31 |
Monetary gold
|
Q3 2020
|
0
|
0
|
0
|
|
|
32 |
SDR holdings
|
Q3 2020
|
64
|
80
|
252
|
|
|
33 |
Currency and deposits
|
Q3 2020
|
175,517
|
4,860,407
|
431,436
|
|
|
34 |
Official foreign currencies
|
Q3 2020
|
78
|
76
|
128
|
|
|
35 |
Reserve position in IMF (net)
|
Q3 2020
|
13,156
|
19,608
|
7,012
|
|
|
36 |
Currency and transferable deposits
|
Q3 2020
|
163,973
|
4,840,099
|
423,020
|
|
|
37 |
Time and savings deposits
|
Q3 2020
|
-1,688
|
624
|
1,276
|
|
|
38 |
Nonofficial foreign currencies
|
Q3 2020
|
-2
|
0
|
0
|
|
|
39 |
Debt securities
|
Q3 2020
|
0
|
0
|
0
|
|
|
40 |
Agency- and GSE-backed securities
|
Q3 2020
|
0
|
0
|
0
|
|
|
41 |
Corporate and foreign bonds
|
Q3 2020
|
0
|
0
|
0
|
|
|
42 |
Loans
|
Q3 2020
|
57,313
|
538,771
|
99,699
|
|
|
43 |
Short term
|
Q3 2020
|
61,288
|
533,211
|
88,539
|
|
|
44 |
Consumer credit
|
Q3 2020
|
54,815
|
78,375
|
87,867
|
|
|
45 |
Other loans and advances
|
Q3 2020
|
6,473
|
454,836
|
672
|
|
|
46 |
Long term (mortgages)
|
Q3 2020
|
-3,976
|
5,560
|
11,160
|
|
|
47 |
Equity and investment fund shares
|
Q3 2020
|
4,552
|
456,040
|
72
|
|
|
48 |
Corporate equities
|
Q3 2020
|
0
|
0
|
0
|
|
|
49 |
Equity in international organizations
|
Q3 2020
|
4,552
|
40
|
72
|
|
|
50 |
Equity in government-sponsored enterprises
|
Q3 2020
|
0
|
0
|
0
|
|
|
51 |
Equity investment under Public-Private Inv. Program
|
Q3 2020
|
0
|
0
|
0
|
|
|
52 |
Other accounts receivable
|
Q3 2020
|
-324,187
|
334,322
|
-56,907
|
|
|
53 |
Trade receivables
|
Q3 2020
|
545
|
25,686
|
-4,483
|
|
|
54 |
Taxes receivable
|
Q3 2020
|
-332,288
|
304,256
|
-58,172
|
|
|
55 |
Other (miscellaneous assets)
|
Q3 2020
|
7,556
|
4,380
|
5,748
|
|
|
56 |
Net incurrence of liabilities
|
Q3 2020
|
3,018,226
|
12,050,448
|
1,214,110
|
|
|
57 |
SDR allocations
|
Q3 2020
|
0
|
0
|
0
|
|
|
58 |
Currency and deposits
|
Q3 2020
|
0
|
0
|
0
|
|
|
59 |
Debt securities
|
Q3 2020
|
2,045,415
|
11,598,071
|
2,408,583
|
|
|
60 |
Treasury securities
|
Q3 2020
|
2,048,887
|
11,598,731
|
2,410,751
|
|
|
61 |
Federal agency securities
|
Q3 2020
|
-3,472
|
-660
|
-2,168
|
|
|
62 |
Loans
|
Q3 2020
|
0
|
-62,808
|
-774,556
|
|
|
63 |
Insurance, pension and standardized guarantee schemes
|
Q3 2020
|
21,971
|
-71,090
|
-382,786
|
|
|
64 |
Insurance reserves
|
Q3 2020
|
1,356
|
-40
|
1,632
|
|
|
65 |
Retiree Health Care Funds
|
Q3 2020
|
15,108
|
-2,695
|
19,210
|
|
|
66 |
Claims of pension fund on sponsor
|
Q3 2020
|
5,507
|
-68,355
|
-403,628
|
|
|
67 |
Other accounts payable
|
Q3 2020
|
950,841
|
586,275
|
-37,130
|
|
|
68 |
SDR certificates
|
Q3 2020
|
0
|
0
|
0
|
|
|
69 |
Trade payables
|
Q3 2020
|
960,645
|
585,891
|
9,754
|
|
|
70 |
Other (miscellaneous liabilities)
|
Q3 2020
|
-9,804
|
384
|
-46,884
|
|
|
|
Addendum:
|
|
|
|
|
|
|
71 |
Net lending (+) or borrowing (-), financial account (lines 29-56)
|
Q3 2020
|
-3,104,968
|
-5,860,828
|
-739,559
|
|
|
|
Other changes in volume account
|
|
|
|
|
|
|
72 |
Total other volume changes
|
Q3 2020
|
197,506
|
-85,040
|
180,688
|
|
|
73 |
Disaster losses
|
Q3 2020
|
0
|
0
|
0
|
|
|
74 |
Other volume changes
|
Q3 2020
|
673
|
267
|
146,315
|
|
|
75 |
Less: Statistical discrepancy ((lines 27-71)/4)
|
Q3 2020
|
-196,833
|
85,307
|
-34,373
|
|
|
|
Revaluation account
|
|
|
|
|
|
|
76 |
Nonfinancial assets
|
Q3 2020
|
19,700
|
6,721
|
11,345
|
|
|
77 |
Structures
|
Q3 2020
|
19,028
|
-2,884
|
6,373
|
|
|
78 |
Equipment
|
Q3 2020
|
-5,775
|
-1,002
|
781
|
|
|
79 |
Intellectual property products
|
Q3 2020
|
6,447
|
10,608
|
4,191
|
|
|
80 |
Financial assets
|
Q3 2020
|
378
|
637
|
-1,482
|
|
|
81 |
Monetary gold and SDRs
|
Q3 2020
|
1,161
|
400
|
-985
|
|
|
82 |
Currency and deposits
|
Q3 2020
|
-783
|
237
|
-497
|
|
|
83 |
Corporate equities
|
Q3 2020
|
0
|
0
|
0
|
|
|
84 |
Equity investment under Public-Private Inv. Program
|
Q3 2020
|
0
|
0
|
0
|
|
|
85 |
Liabilities (SDR allocations)
|
Q3 2020
|
1,125
|
385
|
-950
|
|
|
86 |
Changes in net worth due to nominal holding gains/losses
|
Q3 2020
|
18,953
|
6,973
|
10,813
|
|
|
|
Changes in balance sheet account
|
|
|
|
|
|
|
87 |
Change in net worth ((lines 23+27)/4 + lines 72+86)
|
Q3 2020
|
-720,282
|
-1,507,080
|
-130,220
|
|
|
|
Balance sheet account (end of period)
|
|
|
|
|
|
|
88 |
Total assets
|
Q3 2020
|
8,221,106
|
8,187,605
|
6,440,542
|
|
|
89 |
Nonfinancial assets
|
Q3 2020
|
3,668,546
|
3,639,525
|
3,587,117
|
|
|
90 |
Structures
|
Q3 2020
|
1,682,975
|
1,665,153
|
1,660,770
|
|
|
91 |
Equipment
|
Q3 2020
|
818,481
|
819,928
|
802,310
|
|
|
92 |
Intellectual property products
|
Q3 2020
|
1,167,090
|
1,154,444
|
1,124,037
|
|
|
93 |
Financial assets
|
Q3 2020
|
4,552,560
|
4,548,080
|
2,853,425
|
|
|
94 |
Monetary gold and SDRs
|
Q3 2020
|
51,737
|
50,560
|
49,980
|
|
|
95 |
Monetary gold
|
Q3 2020
|
4
|
4
|
4
|
|
|
96 |
SDR holdings
|
Q3 2020
|
51,733
|
50,556
|
49,976
|
|
|
97 |
Currency and deposits
|
Q3 2020
|
1,843,947
|
1,781,705
|
437,548
|
|
|
98 |
Official foreign currencies
|
Q3 2020
|
21,379
|
20,692
|
20,348
|
|
|
99 |
Reserve position in IMF (net)
|
Q3 2020
|
33,405
|
30,899
|
25,898
|
|
|
100 |
Currency and transferable deposits
|
Q3 2020
|
1,784,887
|
1,725,416
|
386,029
|
|
|
101 |
Time and savings deposits
|
Q3 2020
|
1,649
|
2,071
|
2,647
|
|
|
102 |
Nonofficial foreign currencies
|
Q3 2020
|
2,627
|
2,627
|
2,626
|
|
|
103 |
Debt securities
|
Q3 2020
|
493
|
493
|
493
|
|
|
104 |
Agency- and GSE-backed securities
|
Q3 2020
|
1
|
1
|
1
|
|
|
105 |
Corporate and foreign bonds
|
Q3 2020
|
492
|
492
|
492
|
|
|
106 |
Loans
|
Q3 2020
|
1,848,574
|
1,823,663
|
1,661,769
|
|
|
107 |
Short term
|
Q3 2020
|
1,722,844
|
1,696,939
|
1,538,289
|
|
|
108 |
Consumer credit
|
Q3 2020
|
1,380,061
|
1,355,774
|
1,310,988
|
|
|
109 |
Other loans and advances
|
Q3 2020
|
342,783
|
341,165
|
227,301
|
|
|
110 |
Long term (mortgages)
|
Q3 2020
|
125,730
|
126,724
|
123,480
|
|
|
111 |
Equity and investment fund shares
|
Q3 2020
|
183,905
|
182,767
|
67,459
|
|
|
112 |
Corporate equities
|
Q3 2020
|
33,178
|
33,178
|
33,178
|
|
|
113 |
Equity in international organizations
|
Q3 2020
|
69,905
|
68,767
|
67,459
|
|
|
114 |
Equity in government-sponsored enterprises
|
Q3 2020
|
0
|
0
|
0
|
|
|
115 |
Equity investment under Public-Private Inv. Program
|
Q3 2020
|
0
|
0
|
0
|
|
|
116 |
Other accounts receivable
|
Q3 2020
|
590,726
|
675,714
|
602,998
|
|
|
117 |
Trade receivables
|
Q3 2020
|
82,175
|
81,096
|
76,362
|
|
|
118 |
Taxes receivable
|
Q3 2020
|
358,237
|
446,193
|
381,500
|
|
|
119 |
Other (miscellaneous assets)
|
Q3 2020
|
150,314
|
148,425
|
145,136
|
|
|
120 |
Total liabilities and net worth
|
Q3 2020
|
8,221,106
|
8,187,605
|
6,440,542
|
|
|
121 |
Liabilities
|
Q3 2020
|
25,782,908
|
25,029,125
|
21,102,611
|
|
|
122 |
SDR allocations
|
Q3 2020
|
49,709
|
48,584
|
48,146
|
|
|
123 |
Currency and deposits
|
Q3 2020
|
25,321
|
25,321
|
25,322
|
|
|
124 |
Debt securities
|
Q3 2020
|
22,920,579
|
22,391,682
|
18,593,136
|
|
|
125 |
Treasury securities
|
Q3 2020
|
22,900,428
|
22,370,663
|
18,571,681
|
|
|
126 |
Federal agency securities
|
Q3 2020
|
20,151
|
21,019
|
21,455
|
|
|
127 |
Loans
|
Q3 2020
|
0
|
0
|
23,097
|
|
|
128 |
Insurance, pension and standardized guarantee schemes
|
Q3 2020
|
1,992,798
|
2,008,958
|
2,012,824
|
|
|
129 |
Insurance reserves
|
Q3 2020
|
52,363
|
52,024
|
52,098
|
|
|
130 |
Retiree Health Care Funds
|
Q3 2020
|
310,763
|
310,696
|
298,787
|
|
|
131 |
Claims of pension fund on sponsor
|
Q3 2020
|
1,629,672
|
1,646,238
|
1,661,939
|
|
|
132 |
Other accounts payable
|
Q3 2020
|
794,501
|
554,580
|
400,086
|
|
|
133 |
SDR certificates
|
Q3 2020
|
5,200
|
5,200
|
5,200
|
|
|
134 |
Trade payables
|
Q3 2020
|
789,301
|
549,380
|
395,082
|
|
|
135 |
Other (miscellaneous liabilities)
|
Q3 2020
|
0
|
0
|
-196
|
|
|
136 |
Net worth
|
Q3 2020
|
-17,561,802
|
-16,841,520
|
-14,662,069
|
