Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income

Quarterly

	Line	Name	Q2 2025	Q1 2025	Q2 2024	Units
	line 1	Gross domestic product (GDP)	30,485.729 Billions of Dollars	30,042.113 Billions of Dollars	29,147.044 Billions of Dollars	Bil. of $
	line 2	Plus: Income receipts from the rest of the world	1,525.809 Billions of Dollars	1,454.809 Billions of Dollars	1,498.604 Billions of Dollars	Bil. of $
	line 3	Less: Income payments to the rest of the world	1,544.187 Billions of Dollars	1,452.731 Billions of Dollars	1,510.637 Billions of Dollars	Bil. of $
	line 4	Equals: Gross national product	30,467.351 Billions of Dollars	30,044.191 Billions of Dollars	29,135.011 Billions of Dollars	Bil. of $
	line 5	Less: Consumption of fixed capital	4,994.803 Billions of Dollars	4,943.183 Billions of Dollars	4,762.119 Billions of Dollars	Bil. of $
	line 6	Private	4,154.161 Billions of Dollars	4,112.407 Billions of Dollars	3,964.249 Billions of Dollars	Bil. of $
	line 7	Domestic business	3,247.891 Billions of Dollars	3,213.451 Billions of Dollars	3,090.825 Billions of Dollars	Bil. of $
	line 8	Capital consumption allowances	3,605.123 Billions of Dollars	3,563.577 Billions of Dollars	2,988.235 Billions of Dollars	Bil. of $
	line 9	Less: Capital consumption adjustment	357.232 Billions of Dollars	350.126 Billions of Dollars	-102.590 Billions of Dollars	Bil. of $
	line 10	Households and institutions	906.270 Billions of Dollars	898.956 Billions of Dollars	873.424 Billions of Dollars	Bil. of $
	line 11	Government	840.642 Billions of Dollars	830.776 Billions of Dollars	797.870 Billions of Dollars	Bil. of $
	line 12	General government	723.836 Billions of Dollars	716.284 Billions of Dollars	686.450 Billions of Dollars	Bil. of $
	line 13	Government enterprises	116.806 Billions of Dollars	114.492 Billions of Dollars	111.420 Billions of Dollars	Bil. of $
	line 14	Equals: Net national product	25,472.548 Billions of Dollars	25,101.009 Billions of Dollars	24,372.892 Billions of Dollars	Bil. of $
	line 15	Less: Statistical discrepancy	149.885 Billions of Dollars	146.463 Billions of Dollars	285.924 Billions of Dollars	Bil. of $
	line 16	Equals: National income	25,322.663 Billions of Dollars	24,954.546 Billions of Dollars	24,086.968 Billions of Dollars	Bil. of $
		Less:
	line 17	Corporate profits with inventory valuation and capital consumption adjustments	3,929.661 Billions of Dollars	3,922.871 Billions of Dollars	3,793.125 Billions of Dollars	Bil. of $
	line 18	Taxes on production and imports less subsidies	2,083.143 Billions of Dollars	1,906.660 Billions of Dollars	1,849.488 Billions of Dollars	Bil. of $
	line 19	Contributions for government social insurance, domestic	2,016.502 Billions of Dollars	1,995.915 Billions of Dollars	1,912.931 Billions of Dollars	Bil. of $
	line 20	Net interest and miscellaneous payments on assets	162.373 Billions of Dollars	167.479 Billions of Dollars	183.145 Billions of Dollars	Bil. of $
	line 21	Business current transfer payments (net)	274.248 Billions of Dollars	276.116 Billions of Dollars	282.196 Billions of Dollars	Bil. of $
	line 22	Current surplus of government enterprises	-52.430 Billions of Dollars	-48.322 Billions of Dollars	-47.577 Billions of Dollars	Bil. of $
	line 23	Plus: Personal income receipts on assets	4,205.672 Billions of Dollars	4,195.863 Billions of Dollars	4,153.621 Billions of Dollars	Bil. of $
	line 24	Plus: Personal current transfer receipts	4,952.264 Billions of Dollars	4,788.021 Billions of Dollars	4,533.516 Billions of Dollars	Bil. of $
	line 25	Equals: Personal income	26,067.099 Billions of Dollars	25,717.710 Billions of Dollars	24,800.796 Billions of Dollars	Bil. of $
		Addenda:
	line 26	Gross domestic income (GDI)	30,335.845 Billions of Dollars	29,895.650 Billions of Dollars	28,861.120 Billions of Dollars	Bil. of $
	line 27	Average of GDP and GDI	30,410.787 Billions of Dollars	29,968.882 Billions of Dollars	29,004.082 Billions of Dollars	Bil. of $
	line 28	Gross national income	30,317.466 Billions of Dollars	29,897.729 Billions of Dollars	28,849.087 Billions of Dollars	Bil. of $
	line 29	Gross national factor income	28,012.504 Billions of Dollars	27,763.274 Billions of Dollars	26,764.980 Billions of Dollars	Bil. of $
	line 30	Net domestic product	25,490.927 Billions of Dollars	25,098.931 Billions of Dollars	24,384.925 Billions of Dollars	Bil. of $
	line 31	Net domestic income	25,341.042 Billions of Dollars	24,952.468 Billions of Dollars	24,099.001 Billions of Dollars	Bil. of $
	line 32	Net national factor income	23,017.701 Billions of Dollars	22,820.092 Billions of Dollars	22,002.861 Billions of Dollars	Bil. of $
	line 33	Net domestic purchases	26,390.726 Billions of Dollars	26,363.535 Billions of Dollars	25,279.296 Billions of Dollars	Bil. of $
	line 34	Statistical discrepancy as a percentage of GDP	0.5 Percentage of GDP	0.5 Percentage of GDP	1.0 Percentage of GDP	Percentage of GDP