|
|
|
Current account
|
|
|
|
|
|
|
1 |
Gross value added
|
Q2 2020
|
845,357
|
834,672
|
816,224
|
|
|
2 |
Less: Consumption of fixed capital
|
Q2 2020
|
303,571
|
300,541
|
293,065
|
|
|
3 |
Equals: Net value added
|
Q2 2020
|
541,786
|
534,131
|
523,159
|
|
|
4 |
Compensation of employees (paid)
|
Q2 2020
|
542,101
|
535,120
|
525,099
|
|
|
5 |
Operating surplus, net
|
Q2 2020
|
-315
|
-989
|
-1,940
|
|
|
6 |
Net national income/Balance of primary incomes, net
|
Q2 2020
|
-1,400,814
|
-360,534
|
-355,520
|
|
|
7 |
Operating surplus, net
|
Q2 2020
|
-315
|
-989
|
-1,940
|
|
|
8 |
Taxes on production and imports, receivable
|
Q2 2020
|
131,095
|
183,813
|
168,297
|
|
|
9 |
Subsidies (paid)
|
Q2 2020
|
-1,086,165
|
-74,482
|
-60,487
|
|
|
10 |
Property income received, net
|
Q2 2020
|
-445,429
|
-468,876
|
-461,390
|
|
|
11 |
Net national income/Balance of primary incomes, net
|
Q2 2020
|
-1,400,814
|
-360,534
|
-355,520
|
|
|
12 |
Plus: Current taxes on income, wealth, etc. (received)
|
Q2 2020
|
1,799,747
|
1,966,170
|
1,955,079
|
|
|
13 |
Plus: Social benefits (received)
|
Q2 2020
|
1,366,172
|
1,436,437
|
1,397,810
|
|
|
14 |
Less: Social contributions (paid)
|
Q2 2020
|
4,869,525
|
2,447,444
|
2,339,643
|
|
|
15 |
Plus: Other current transfers (received)
|
Q2 2020
|
57,923
|
54,821
|
63,047
|
|
|
16 |
Less: Other current transfers (paid)
|
Q2 2020
|
1,445,012
|
682,265
|
658,891
|
|
|
17 |
Equals: Disposable income, net
|
Q2 2020
|
-4,491,509
|
-32,815
|
61,882
|
|
|
18 |
Less: Final consumption expenditures
|
Q2 2020
|
1,167,557
|
1,117,986
|
1,094,908
|
|
|
19 |
Equals: Net saving
|
Q2 2020
|
-5,659,066
|
-1,150,801
|
-1,033,026
|
|
|
|
Capital account
|
|
|
|
|
|
|
20 |
Net saving less capital transfers
|
Q2 2020
|
-5,726,436
|
-1,226,393
|
-1,094,844
|
|
|
21 |
Net saving
|
Q2 2020
|
-5,659,066
|
-1,150,801
|
-1,033,026
|
|
|
22 |
Less: Capital transfers paid (net)
|
Q2 2020
|
67,370
|
75,592
|
61,818
|
|
|
23 |
Capital formation, net
|
Q2 2020
|
37,994
|
33,573
|
20,791
|
|
|
24 |
Gross fixed capital formation (acquisition of produced nonfinancial assets)
|
Q2 2020
|
341,692
|
334,565
|
315,717
|
|
|
25 |
Less: Consumption of fixed capital
|
Q2 2020
|
303,571
|
300,541
|
293,065
|
|
|
26 |
Acquisition of nonproduced nonfinancial assets
|
Q2 2020
|
-127
|
-451
|
-1,861
|
|
|
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
|
Q2 2020
|
6,167,908
|
676,548
|
-217,073
|
|
|
30 |
Monetary gold and SDRs
|
Q2 2020
|
80
|
196
|
240
|
|
|
31 |
Monetary gold
|
Q2 2020
|
0
|
0
|
0
|
|
|
32 |
SDR holdings
|
Q2 2020
|
80
|
196
|
240
|
|
|
33 |
Currency and deposits
|
Q2 2020
|
4,860,407
|
639,807
|
-274,844
|
|
|
34 |
Official foreign currencies
|
Q2 2020
|
76
|
66
|
102
|
|
|
35 |
Reserve position in IMF (net)
|
Q2 2020
|
19,608
|
-1,300
|
8,992
|
|
|
36 |
Currency and transferable deposits
|
Q2 2020
|
4,840,099
|
642,629
|
-284,926
|
|
|
37 |
Time and savings deposits
|
Q2 2020
|
624
|
-1,588
|
988
|
|
|
38 |
Nonofficial foreign currencies
|
Q2 2020
|
0
|
0
|
0
|
|
|
39 |
Debt securities
|
Q2 2020
|
0
|
0
|
0
|
|
|
40 |
Agency- and GSE-backed securities
|
Q2 2020
|
0
|
0
|
0
|
|
|
41 |
Corporate and foreign bonds
|
Q2 2020
|
0
|
0
|
0
|
|
|
42 |
Loans
|
Q2 2020
|
537,279
|
75,774
|
84,464
|
|
|
43 |
Short term
|
Q2 2020
|
531,719
|
69,666
|
97,460
|
|
|
44 |
Consumer credit
|
Q2 2020
|
76,883
|
83,670
|
91,476
|
|
|
45 |
Other loans and advances
|
Q2 2020
|
454,836
|
-14,004
|
5,984
|
|
|
46 |
Long term (mortgages)
|
Q2 2020
|
5,560
|
6,108
|
-12,996
|
|
|
47 |
Equity and investment fund shares
|
Q2 2020
|
456,040
|
5,192
|
5,396
|
|
|
48 |
Corporate equities
|
Q2 2020
|
0
|
0
|
0
|
|
|
49 |
Equity in international organizations
|
Q2 2020
|
40
|
5,192
|
5,396
|
|
|
50 |
Equity in government-sponsored enterprises
|
Q2 2020
|
0
|
0
|
0
|
|
|
51 |
Equity investment under Public-Private Inv. Program
|
Q2 2020
|
0
|
0
|
0
|
|
|
52 |
Other accounts receivable
|
Q2 2020
|
314,102
|
-44,420
|
-32,329
|
|
|
53 |
Trade receivables
|
Q2 2020
|
4,270
|
680
|
2,739
|
|
|
54 |
Taxes receivable
|
Q2 2020
|
305,452
|
-51,772
|
-41,788
|
|
|
55 |
Other (miscellaneous assets)
|
Q2 2020
|
4,380
|
6,672
|
6,720
|
|
|
56 |
Net incurrence of liabilities
|
Q2 2020
|
12,055,812
|
2,112,660
|
805,747
|
|
|
57 |
SDR allocations
|
Q2 2020
|
0
|
0
|
0
|
|
|
58 |
Currency and deposits
|
Q2 2020
|
0
|
-4
|
0
|
|
|
59 |
Debt securities
|
Q2 2020
|
11,598,071
|
2,168,214
|
569,623
|
|
|
60 |
Treasury securities
|
Q2 2020
|
11,598,731
|
2,168,322
|
570,439
|
|
|
61 |
Federal agency securities
|
Q2 2020
|
-660
|
-108
|
-816
|
|
|
62 |
Loans
|
Q2 2020
|
-62,808
|
-556
|
5,692
|
|
|
63 |
Insurance, pension and standardized guarantee schemes
|
Q2 2020
|
-71,090
|
-36,139
|
200,812
|
|
|
64 |
Insurance reserves
|
Q2 2020
|
-40
|
-588
|
-412
|
|
|
65 |
Retiree Health Care Funds
|
Q2 2020
|
-2,695
|
12,278
|
9,636
|
|
|
66 |
Claims of pension fund on sponsor
|
Q2 2020
|
-68,355
|
-47,829
|
191,587
|
|
|
67 |
Other accounts payable
|
Q2 2020
|
591,639
|
-18,855
|
29,620
|
|
|
68 |
SDR certificates
|
Q2 2020
|
0
|
0
|
0
|
|
|
69 |
Trade payables
|
Q2 2020
|
591,255
|
-6,167
|
3,020
|
|
|
70 |
Other (miscellaneous liabilities)
|
Q2 2020
|
384
|
-12,688
|
26,600
|
|
|
|
Addendum:
|
|
|
|
|
|
|
71 |
Net lending (+) or borrowing (-), financial account (lines 29-56)
|
Q2 2020
|
-5,887,904
|
-1,436,112
|
-1,022,821
|
|
|
|
Other changes in volume account
|
|
|
|
|
|
|
72 |
Total other volume changes
|
Q2 2020
|
-91,160
|
-63,934
|
161,638
|
|
|
73 |
Disaster losses
|
Q2 2020
|
0
|
0
|
0
|
|
|
74 |
Other volume changes
|
Q2 2020
|
267
|
-2,720
|
7,461
|
|
|
75 |
Less: Statistical discrepancy ((lines 27-71)/4)
|
Q2 2020
|
91,427
|
61,214
|
-154,177
|
|
|
|
Revaluation account
|
|
|
|
|
|
|
76 |
Nonfinancial assets
|
Q2 2020
|
6,581
|
12,759
|
8,218
|
|
|
77 |
Structures
|
Q2 2020
|
-3,073
|
9,312
|
10,323
|
|
|
78 |
Equipment
|
Q2 2020
|
-1,058
|
-741
|
-4,214
|
|
|
79 |
Intellectual property products
|
Q2 2020
|
10,712
|
4,189
|
2,110
|
|
|
80 |
Financial assets
|
Q2 2020
|
637
|
-996
|
109
|
|
|
81 |
Monetary gold and SDRs
|
Q2 2020
|
400
|
-662
|
72
|
|
|
82 |
Currency and deposits
|
Q2 2020
|
237
|
-334
|
37
|
|
|
83 |
Corporate equities
|
Q2 2020
|
0
|
0
|
0
|
|
|
84 |
Equity investment under Public-Private Inv. Program
|
Q2 2020
|
0
|
0
|
0
|
|
|
85 |
Liabilities (SDR allocations)
|
Q2 2020
|
385
|
-636
|
69
|
|
|
86 |
Changes in net worth due to nominal holding gains/losses
|
Q2 2020
|
6,833
|
12,399
|
8,258
|
|
|
|
Changes in balance sheet account
|
|
|
|
|
|
|
87 |
Change in net worth ((lines 23+27)/4 + lines 72+86)
|
Q2 2020
|
-1,512,908
|
-332,020
|
-95,868
|
|
|
|
Balance sheet account (end of period)
|
|
|
|
|
|
|
88 |
Total assets
|
Q2 2020
|
8,182,959
|
6,681,283
|
6,119,498
|
|
|
89 |
Nonfinancial assets
|
Q2 2020
|
3,640,681
|
3,624,365
|
3,568,119
|
|
|
90 |
Structures
|
Q2 2020
|
1,664,932
|
1,669,136
|
1,655,877
|
|
|
91 |
Equipment
|
Q2 2020
|
819,839
|
815,566
|
796,590
|
|
|
92 |
Intellectual property products
|
Q2 2020
|
1,155,910
|
1,139,663
|
1,115,652
|
|
|
93 |
Financial assets
|
Q2 2020
|
4,542,278
|
3,056,918
|
2,551,379
|
|
|
94 |
Monetary gold and SDRs
|
Q2 2020
|
50,560
|
50,140
|
50,902
|
|
|
95 |
Monetary gold
|
Q2 2020
|
4
|
4
|
4
|
|
|
96 |
SDR holdings
|
Q2 2020
|
50,556
|
50,136
|
50,898
|
|
|
97 |
Currency and deposits
|
Q2 2020
|
1,781,705
|
569,710
|
317,463
|
|
|
98 |
Official foreign currencies
|
Q2 2020
|
20,685
|
20,460
|
20,872
|
|
|
99 |
Reserve position in IMF (net)
|
Q2 2020
|
30,899
|
25,760
|
24,642
|
|
|
100 |
Currency and transferable deposits
|
Q2 2020
|
1,725,423
|
518,948
|
266,995
|
|
|
101 |
Time and savings deposits
|
Q2 2020
|
2,071
|
1,915
|
2,328
|
|
|
102 |
Nonofficial foreign currencies
|
Q2 2020
|
2,627
|
2,627
|
2,626
|
|
|
103 |
Debt securities
|
Q2 2020
|
493
|
493
|
493
|
|
|
104 |
Agency- and GSE-backed securities
|
Q2 2020
|
1
|
1
|
1
|
|
|
105 |
Corporate and foreign bonds
|
Q2 2020
|
492
|
492
|
492
|
|
|
106 |
Loans
|
Q2 2020
|
1,823,290
|
1,703,388
|
1,626,170
|
|
|
107 |
Short term
|
Q2 2020
|
1,696,566
|
1,578,054
|
1,505,480
|
|
|
108 |
Consumer credit
|
Q2 2020
|
1,355,401
|
1,350,598
|
1,278,347
|
|
|
109 |
Other loans and advances
|
Q2 2020
|
341,165
|
227,456
|
227,133
|
|
|
110 |
Long term (mortgages)
|
Q2 2020
|
126,724
|
125,334
|
120,690
|
|
|
111 |
Equity and investment fund shares
|
Q2 2020
|
182,767
|
68,757
|
67,441
|
|
|
112 |
Corporate equities
|
Q2 2020
|
33,178
|
33,178
|
33,178
|
|
|
113 |
Equity in international organizations
|
Q2 2020
|
68,767
|
68,757
|
67,441
|
|
|
114 |
Equity in government-sponsored enterprises
|
Q2 2020
|
0
|
0
|
0
|
|
|
115 |
Equity investment under Public-Private Inv. Program
|
Q2 2020
|
0
|
0
|
0
|
|
|
116 |
Other accounts receivable
|
Q2 2020
|
670,285
|
631,252
|
455,732
|
|
|
117 |
Trade receivables
|
Q2 2020
|
75,583
|
73,742
|
76,911
|
|
|
118 |
Taxes receivable
|
Q2 2020
|
446,277
|
410,180
|
235,122
|
|
|
119 |
Other (miscellaneous assets)
|
Q2 2020
|
148,425
|
147,330
|
143,699
|
|
|
120 |
Total liabilities and net worth
|
Q2 2020
|
8,182,959
|
6,681,283
|
6,119,498
|
|
|
121 |
Liabilities
|
Q2 2020
|
25,013,188
|
21,998,604
|
20,633,395
|
|
|
122 |
SDR allocations
|
Q2 2020
|
48,584
|
48,199
|
49,096
|
|
|
123 |
Currency and deposits
|
Q2 2020
|
25,321
|
25,321
|
25,322
|
|
|
124 |
Debt securities
|
Q2 2020
|
22,391,682
|
19,539,608
|
17,836,285
|
|
|
125 |
Treasury securities
|
Q2 2020
|
22,370,663
|
19,518,424
|
17,814,288
|
|
|
126 |
Federal agency securities
|
Q2 2020
|
21,019
|
21,184
|
21,997
|
|
|
127 |
Loans
|
Q2 2020
|
0
|
15,702
|
216,736
|
|
|
128 |
Insurance, pension and standardized guarantee schemes
|
Q2 2020
|
2,008,958
|
1,981,805
|
2,125,685
|
|
|
129 |
Insurance reserves
|
Q2 2020
|
52,024
|
52,034
|
51,690
|
|
|
130 |
Retiree Health Care Funds
|
Q2 2020
|
310,696
|
313,640
|
297,601
|
|
|
131 |
Claims of pension fund on sponsor
|
Q2 2020
|
1,646,238
|
1,616,131
|
1,776,394
|
|
|
132 |
Other accounts payable
|
Q2 2020
|
538,643
|
387,969
|
380,271
|
|
|
133 |
SDR certificates
|
Q2 2020
|
5,200
|
5,200
|
5,200
|
|
|
134 |
Trade payables
|
Q2 2020
|
533,443
|
382,969
|
375,264
|
|
|
135 |
Other (miscellaneous liabilities)
|
Q2 2020
|
0
|
-200
|
-193
|
|
|
136 |
Net worth
|
Q2 2020
|
-16,830,229
|
-15,317,321
|
-14,513,897
|
