Table 1.14. Gross Value Added of Domestic Corporate Business in Current Dollars and Gross Value Added of Nonfinancial Domestic Corporate Business in Current and Chained Dollars

Quarterly

	Line	Name	Q2 2025	Q1 2025	Q2 2024	Units
	line 1	Gross value added of corporate business	17,739.062 Billions of Dollars	17,437.181 Billions of Dollars	16,887.432 Billions of Dollars	Bil. of $
	line 2	Consumption of fixed capital	2,696.064 Billions of Dollars	2,667.240 Billions of Dollars	2,563.207 Billions of Dollars	Bil. of $
	line 3	Net value added	15,042.998 Billions of Dollars	14,769.941 Billions of Dollars	14,324.225 Billions of Dollars	Bil. of $
	line 4	Compensation of employees	9,875.315 Billions of Dollars	9,750.798 Billions of Dollars	9,400.129 Billions of Dollars	Bil. of $
	line 5	Wages and salaries	8,354.853 Billions of Dollars	8,251.412 Billions of Dollars	7,959.680 Billions of Dollars	Bil. of $
	line 6	Supplements to wages and salaries	1,520.462 Billions of Dollars	1,499.386 Billions of Dollars	1,440.449 Billions of Dollars	Bil. of $
	line 7	Taxes on production and imports less subsidies	1,404.182 Billions of Dollars	1,285.931 Billions of Dollars	1,243.191 Billions of Dollars	Bil. of $
	line 8	Net operating surplus	3,763.502 Billions of Dollars	3,733.212 Billions of Dollars	3,680.905 Billions of Dollars	Bil. of $
	line 9	Net interest and miscellaneous payments	68.388 Billions of Dollars	57.214 Billions of Dollars	90.954 Billions of Dollars	Bil. of $
	line 10	Business current transfer payments (net)	236.912 Billions of Dollars	238.950 Billions of Dollars	246.549 Billions of Dollars	Bil. of $
	line 11	Corporate profits with IVA and CCAdj	3,458.201 Billions of Dollars	3,437.048 Billions of Dollars	3,343.401 Billions of Dollars	Bil. of $
	line 12	Taxes on corporate income	670.256 Billions of Dollars	670.431 Billions of Dollars	682.519 Billions of Dollars	Bil. of $
	line 13	Profits after tax with IVA and CCAdj	2,787.945 Billions of Dollars	2,766.617 Billions of Dollars	2,660.882 Billions of Dollars	Bil. of $
	line 14	Net dividends	1,578.528 Billions of Dollars	1,833.128 Billions of Dollars	1,776.435 Billions of Dollars	Bil. of $
	line 15	Undistributed profits with IVA and CCAdj	1,209.417 Billions of Dollars	933.489 Billions of Dollars	884.447 Billions of Dollars	Bil. of $
	line 16	Gross value added of financial corporate business	2,274.893 Billions of Dollars	2,210.458 Billions of Dollars	2,098.750 Billions of Dollars	Bil. of $
	line 17	Gross value added of nonfinancial corporate business	15,464.169 Billions of Dollars	15,226.723 Billions of Dollars	14,788.681 Billions of Dollars	Bil. of $
	line 18	Consumption of fixed capital	2,374.610 Billions of Dollars	2,348.114 Billions of Dollars	2,257.276 Billions of Dollars	Bil. of $
	line 19	Net value added	13,089.559 Billions of Dollars	12,878.609 Billions of Dollars	12,531.405 Billions of Dollars	Bil. of $
	line 20	Compensation of employees	8,799.766 Billions of Dollars	8,702.787 Billions of Dollars	8,414.713 Billions of Dollars	Bil. of $
	line 21	Wages and salaries	7,439.480 Billions of Dollars	7,361.021 Billions of Dollars	7,124.707 Billions of Dollars	Bil. of $
	line 22	Supplements to wages and salaries	1,360.287 Billions of Dollars	1,341.766 Billions of Dollars	1,290.006 Billions of Dollars	Bil. of $
	line 23	Taxes on production and imports less subsidies	1,308.816 Billions of Dollars	1,198.894 Billions of Dollars	1,158.879 Billions of Dollars	Bil. of $
	line 24	Net operating surplus	2,980.977 Billions of Dollars	2,976.928 Billions of Dollars	2,957.813 Billions of Dollars	Bil. of $
	line 25	Net interest and miscellaneous payments	206.325 Billions of Dollars	206.158 Billions of Dollars	199.358 Billions of Dollars	Bil. of $
	line 26	Business current transfer payments (net)	93.850 Billions of Dollars	102.945 Billions of Dollars	101.832 Billions of Dollars	Bil. of $
	line 27	Corporate profits with IVA and CCAdj	2,680.802 Billions of Dollars	2,667.825 Billions of Dollars	2,656.623 Billions of Dollars	Bil. of $
	line 28	Taxes on corporate income	514.546 Billions of Dollars	516.683 Billions of Dollars	542.998 Billions of Dollars	Bil. of $
	line 29	Profits after tax with IVA and CCAdj	2,166.256 Billions of Dollars	2,151.141 Billions of Dollars	2,113.625 Billions of Dollars	Bil. of $
	line 30	Net dividends	1,295.897 Billions of Dollars	1,504.478 Billions of Dollars	1,460.703 Billions of Dollars	Bil. of $
	line 31	Undistributed profits with IVA and CCAdj	870.359 Billions of Dollars	646.663 Billions of Dollars	652.922 Billions of Dollars	Bil. of $
		Addenda:
		Corporate business:
	line 32	Profits before tax (without IVA and CCAdj)	3,554.693 Billions of Dollars	3,520.388 Billions of Dollars	3,701.513 Billions of Dollars	Bil. of $
	line 33	Profits after tax (without IVA and CCAdj)	2,884.437 Billions of Dollars	2,849.957 Billions of Dollars	3,018.994 Billions of Dollars	Bil. of $
	line 34	Undistributed profits after tax (without IVA and CCAdj)	1,305.909 Billions of Dollars	1,016.829 Billions of Dollars	1,242.559 Billions of Dollars	Bil. of $
	line 35	Inventory valuation adjustment	-43.300 Billions of Dollars	-23.816 Billions of Dollars	7.336 Billions of Dollars	Bil. of $
	line 36	Capital consumption adjustment	-53.192 Billions of Dollars	-59.524 Billions of Dollars	-365.448 Billions of Dollars	Bil. of $
		Nonfinancial corporate business:
	line 37	Profits before tax (without IVA and CCAdj)	2,696.147 Billions of Dollars	2,668.053 Billions of Dollars	2,911.757 Billions of Dollars	Bil. of $
	line 38	Profits after tax (without IVA and CCAdj)	2,181.600 Billions of Dollars	2,151.370 Billions of Dollars	2,368.759 Billions of Dollars	Bil. of $
	line 39	Inventory valuation adjustment	-43.300 Billions of Dollars	-23.816 Billions of Dollars	7.336 Billions of Dollars	Bil. of $
	line 40	Capital consumption adjustment	27.956 Billions of Dollars	23.587 Billions of Dollars	-262.470 Billions of Dollars	Bil. of $
		Value added, in billions of chained dollars:
	line 41	Gross value added of nonfinancial corporate business	12,193.455 Billions of Chained 2017 Dollars	11,997.635 Billions of Chained 2017 Dollars	11,799.396 Billions of Chained 2017 Dollars	Bil. of Chn. 2017 $
	line 42	Consumption of fixed capital	2,039.872 Billions of Chained 2017 Dollars	2,013.359 Billions of Chained 2017 Dollars	1,954.408 Billions of Chained 2017 Dollars	Bil. of Chn. 2017 $
	line 43	Net value added	10,153.582 Billions of Chained 2017 Dollars	9,984.275 Billions of Chained 2017 Dollars	9,844.987 Billions of Chained 2017 Dollars	Bil. of Chn. 2017 $