The total assets of financial institutions in the United States increased significantly between 2002 and 2023, despite a decline in the value of assets of every major financial institution type in 2022. In 2023, the assets of banks in the U.S. amounted to approximately 31.13 trillion U.S. dollars, up from 30.35 trillion U.S. dollars a year earlier. On the other hand, central bank assets were the only category to decline in 2023, dropping to 6.79 trillion U.S. dollars compared to the prior year.
Total assets of financial institutions in the United States from 2002 to 2023, by institution type
(in trillion U.S. dollars)
The source adds the following information: Financial assets when available, otherwise total assets. Based on time series data included in jurisdictions’ 2024 submissions. Banks refer to the broader category of deposit-taking corporations. The OFI series contains a break in 2008 due to different starting points for data collection of some OFI-subsectors.
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Financial Stability Board. (December 16, 2024). Total assets of financial institutions in the United States from 2002 to 2023, by institution type (in trillion U.S. dollars) [Graph]. In Statista. Retrieved January 18, 2025, from https://www.statista.com/statistics/421749/financial-institutions-assets-usa-by-institution-type/?__sso_cookie_checker=failed
Financial Stability Board. "Total assets of financial institutions in the United States from 2002 to 2023, by institution type (in trillion U.S. dollars)." Chart. December 16, 2024. Statista. Accessed January 18, 2025. https://www.statista.com/statistics/421749/financial-institutions-assets-usa-by-institution-type/?__sso_cookie_checker=failed
Financial Stability Board. (2024). Total assets of financial institutions in the United States from 2002 to 2023, by institution type (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: January 18, 2025. https://www.statista.com/statistics/421749/financial-institutions-assets-usa-by-institution-type/?__sso_cookie_checker=failed
Financial Stability Board. "Total Assets of Financial Institutions in The United States from 2002 to 2023, by Institution Type (in Trillion U.S. Dollars)." Statista, Statista Inc., 16 Dec 2024, https://www.statista.com/statistics/421749/financial-institutions-assets-usa-by-institution-type/?__sso_cookie_checker=failed
Financial Stability Board, Total assets of financial institutions in the United States from 2002 to 2023, by institution type (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/421749/financial-institutions-assets-usa-by-institution-type/?__sso_cookie_checker=failed (last visited January 18, 2025)
Total assets of financial institutions in the United States from 2002 to 2023, by institution type (in trillion U.S. dollars) [Graph], Financial Stability Board, December 16, 2024. [Online]. Available: https://www.statista.com/statistics/421749/financial-institutions-assets-usa-by-institution-type/?__sso_cookie_checker=failed
