Releases > Gross Domestic Product > Release Tables > SECTION 1 - DOMESTIC PRODUCT AND INCOME > Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income

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    Q1 1947    

 

 

    Q4 2020

			Billions of Dollars
	Line	Name	Q4 2020	Q3 2020	Q4 2019
	1	Gross domestic product	21,494.731	21,170.252	21,747.394
	2	Plus: Income receipts from the rest of the world	1,001.479	973.018	1,165.874
	3	Less: Income payments to the rest of the world	791.583	761.670	884.789
	4	Equals: Gross national product	21,704.628	21,381.600	22,028.479
	5	Less: Consumption of fixed capital	3,620.725	3,572.311	3,474.446
	6	Private	3,003.337	2,961.480	2,878.875
	7	Domestic business	2,355.313	2,327.727	2,269.931
	8	Capital consumption allowances	2,663.200	2,640.558	2,623.611
	9	Less: Capital consumption adjustment	307.887	312.831	354.173
	10	Households and institutions	648.024	633.753	608.944
	11	Government	617.388	610.831	595.571
	12	General government	532.536	526.914	514.218
	13	Government enterprises	84.852	83.917	81.353
	14	Equals: Net national product	18,083.902	17,809.289	18,554.033
	15	Less: Statistical discrepancy	-183.056	367.173	26.220
	16	Equals: National income	18,266.959	17,442.116	18,527.813
		Less:
	17	Corporate profits with inventory valuation and capital consumption adjustments	2,294.300	2,325.730	2,311.272
	18	Taxes on production and imports less subsidies	901.144	275.762	1,428.492
	19	Contributions for government social insurance, domestic	1,462.410	1,441.648	1,432.875
	20	Net interest and miscellaneous payments on assets	651.189	617.225	585.954
	21	Business current transfer payments (net)	171.883	169.319	151.988
	22	Current surplus of government enterprises	-19.690	-19.483	-7.927
	23	Plus: Personal income receipts on assets	2,904.297	2,852.324	2,980.444
	24	Plus: Personal current transfer receipts	3,792.053	4,369.264	3,155.158
	25	Equals: Personal income	19,502.071	19,853.502	18,760.761
		Addenda:
	26	Gross domestic income	21,677.787	20,803.079	21,721.174
	27	Gross national income	21,887.684	21,014.427	22,002.259
	28	Gross national factor income	20,834.346	20,588.828	20,429.706
	29	Net domestic product	17,874.005	17,597.941	18,272.948
	30	Net domestic income	18,057.062	17,230.768	18,246.728
	31	Net national factor income	17,213.621	17,016.517	16,955.260
	32	Net domestic purchases	18,677.754	18,334.065	18,822.705

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