Table 1.12. National Income by Type of Income

Quarterly

			Billions of Dollars
	Line	Name	Q2 2025	Q1 2025	Q2 2024
	line 1	National income	25,322.663	24,954.546	24,086.968
	line 2	Compensation of employees	15,701.301	15,510.885	14,943.680
	line 3	Wages and salaries	12,945.118	12,788.686	12,317.156
	line 4	Government	1,929.695	1,909.662	1,837.392
	line 5	Other	11,015.422	10,879.024	10,479.764
	line 6	Supplements to wages and salaries	2,756.183	2,722.198	2,626.524
	line 7	Employer contributions for employee pension and insurance funds	1,848.028	1,823.794	1,764.792
	line 8	Employer contributions for government social insurance	908.155	898.404	861.732
	line 9	Proprietors' income with IVA and CCAdj	2,105.150	2,103.269	2,013.245
	line 10	Farm	78.184	84.198	52.478
	line 11	Nonfarm	2,026.966	2,019.071	1,960.767
	line 12	Rental income of persons with CCAdj	1,119.216	1,115.588	1,069.665
	line 13	Corporate profits with IVA and CCAdj	3,929.661	3,922.871	3,793.125
	line 14	Taxes on corporate income	670.256	670.431	682.519
	line 15	Profits after tax with IVA and CCAdj	3,259.405	3,252.440	3,110.607
	line 16	Net dividends	2,257.756	2,255.659	2,232.573
	line 17	Undistributed profits with IVA and CCAdj	1,001.650	996.782	878.034
	line 18	Net interest and miscellaneous payments	162.373	167.479	183.145
	line 19	Taxes on production and imports	2,203.114	2,014.357	1,943.205
	line 20	Less: Subsidies	119.970	107.697	93.717
	line 21	Business current transfer payments (net)	274.248	276.116	282.196
	line 22	To persons (net)	100.303	103.023	108.662
	line 23	To government (net)	131.397	128.924	128.058
	line 24	To the rest of the world (net)	42.548	44.168	45.476
	line 25	Current surplus of government enterprises	-52.430	-48.322	-47.577
		Addenda for corporate cash flow:
	line 26	Net cash flow with IVA	3,693.469	3,584.420	3,440.710
	line 27	Undistributed profits with IVA and CCAdj	1,001.650	996.782	878.034
	line 28	Consumption of fixed capital	2,696.064	2,667.240	2,563.207
	line 29	Less: Capital transfers paid (net)	4.245	79.602	0.531
		Addenda:
	line 30	Proprietors' income with IVA and CCAdj	2,105.150	2,103.269	2,013.245
	line 31	Farm	78.184	84.198	52.478
	line 32	Proprietors' income with IVA	88.177	94.270	63.611
	line 33	Capital consumption adjustment	-9.992	-10.073	-11.133
	line 34	Nonfarm	2,026.966	2,019.071	1,960.767
	line 35	Proprietors' income (without IVA and CCAdj)	1,574.611	1,565.686	1,648.055
	line 36	Inventory valuation adjustment	-5.220	-3.232	2.516
	line 37	Capital consumption adjustment	457.575	456.617	310.196
	line 38	Rental income of persons with CCAdj	1,119.216	1,115.588	1,069.665
	line 39	Rental income of persons (without CCAdj)	1,156.375	1,152.482	1,105.870
	line 40	Capital consumption adjustment	-37.159	-36.894	-36.205
	line 41	Corporate profits with IVA and CCAdj	3,929.661	3,922.871	3,793.125
	line 42	Corporate profits with IVA	3,982.853	3,982.395	4,158.573
	line 43	Profits before tax (without IVA and CCAdj)	4,026.153	4,006.211	4,151.237
	line 44	Taxes on corporate income	670.256	670.431	682.519
	line 45	Profits after tax (without IVA and CCAdj)	3,355.897	3,335.780	3,468.719
	line 46	Net dividends	2,257.756	2,255.659	2,232.573
	line 47	Undistributed profits (without IVA and CCAdj)	1,098.141	1,080.122	1,236.146
	line 48	Inventory valuation adjustment	-43.300	-23.816	7.336
	line 49	Capital consumption adjustment	-53.192	-59.524	-365.448