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    1946    

 

 

    2023

			Millions of Dollars
	Line	Name	2023	Preceding Period	Year Ago from Period
	line 1	National income	22,403,559	21,678,391	21,678,391
	line 2	Compensation of employees	14,254,248	13,439,187	13,439,187
	line 3	Wages and salaries	11,816,974	11,116,027	11,116,027
	line 4	Supplements to wages and salaries	2,437,275	2,323,160	2,323,160
	line 5	Proprietors' income with IVA and CCAdj	1,849,210	1,790,876	1,790,876
	line 6	Rental income of persons with CCAdj	967,325	878,270	878,270
	line 7	Corporate profits with IVA and CCAdj	3,222,613	3,208,691	3,208,691
	line 8	Corporate profits with IVA	3,563,514	3,426,715	3,426,715
	line 9	Profits before tax	3,544,696	3,522,950	3,522,950
	line 10	Domestic nonfinancial	2,468,262	2,451,544	2,451,544
	line 11	Domestic financial	556,238	598,562	598,562
	line 12	Rest of the world	520,196	472,845	472,845
		Less:
	line 13	Taxes on corporate income	571,897	542,401	542,401
	line 14	Domestic nonfinancial	431,047	416,902	416,902
	line 15	Domestic financial	140,850	125,500	125,500
		Equals:
	line 16	Profits after tax	2,972,799	2,980,549	2,980,549
	line 17	Net dividends	1,849,019	1,887,251	1,887,251
	line 18	Domestic nonfinancial	1,063,847	1,233,269	1,233,269
	line 19	Domestic financial	345,756	319,288	319,288
	line 20	Rest of the world	439,416	334,694	334,694
	line 21	Undistributed profits	1,123,780	1,093,298	1,093,298
	line 22	Domestic nonfinancial	973,369	801,373	801,373
	line 23	Domestic financial	69,632	153,774	153,774
	line 24	Rest of the world	80,780	138,151	138,151
	line 25	Inventory valuation adjustment (IVA)	18,818	-96,235	-96,235
	line 26	Capital consumption adjustment (CCAdj)	-340,901	-218,025	-218,025
	line 27	Domestic nonfinancial	-247,159	-137,726	-137,726
	line 28	Domestic financial	-93,742	-80,299	-80,299
	line 29	Net interest and miscellaneous payments	176,628	457,350	457,350
	line 30	Taxes on production and imports	1,829,852	1,810,224	1,810,224
	line 31	Less: Subsidies	101,144	127,449	127,449
	line 32	Business current transfer payments (net)	214,520	216,807	216,807
	line 33	To persons (net)	104,287	99,141	99,141
	line 34	To government (net)	115,426	115,187	115,187
	line 35	To rest of the world (net)	-5,193	2,480	2,480
	line 36	Current surplus of government enterprises	-9,693	4,436	4,436
		Memo:
		Calculation of gross domestic product from National income:
	line 37	National Income, from line 1 above	22,403,559	21,678,391	21,678,391
		Plus:
	line 38	Private consumption of fixed capital	3,821,663	3,577,566	3,577,566
	line 39	Government consumption of fixed capital	763,712	722,321	722,321
	line 40	Statistical discrepancy	535,232	-52,294	-52,294
		Less:
	line 41	Net U.S. income receipts from rest of world	166,323	181,875	181,875
		Equals:
	line 42	Gross domestic product	27,357,841	25,744,109	25,744,109

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