Table 1.12. National Income by Type of Income

Annual

			Billions of Dollars
	Line	Name	2024	Preceding Period	Year Ago from Period
	line 1	National income	24,196.743	23,000.599	23,000.599
	line 2	Compensation of employees	15,027.059	14,207.393	14,207.393
	line 3	Wages and salaries	12,387.929	11,732.410	11,732.410
	line 4	Government	1,849.112	1,731.904	1,731.904
	line 5	Other	10,538.817	10,000.506	10,000.506
	line 6	Supplements to wages and salaries	2,639.130	2,474.983	2,474.983
	line 7	Employer contributions for employee pension and insurance funds	1,772.686	1,660.118	1,660.118
	line 8	Employer contributions for government social insurance	866.444	814.864	814.864
	line 9	Proprietors' income with IVA and CCAdj	2,023.080	1,941.958	1,941.958
	line 10	Farm	57.843	71.369	71.369
	line 11	Nonfarm	1,965.237	1,870.590	1,870.590
	line 12	Rental income of persons with CCAdj	1,078.149	1,002.484	1,002.484
	line 13	Corporate profits with IVA and CCAdj	3,801.751	3,617.326	3,617.326
	line 14	Taxes on corporate income	680.341	613.010	613.010
	line 15	Profits after tax with IVA and CCAdj	3,121.410	3,004.316	3,004.316
	line 16	Net dividends	2,225.697	2,154.460	2,154.460
	line 17	Undistributed profits with IVA and CCAdj	895.713	849.856	849.856
	line 18	Net interest and miscellaneous payments	167.288	280.948	280.948
	line 19	Taxes on production and imports	1,954.685	1,861.013	1,861.013
	line 20	Less: Subsidies	94.239	102.252	102.252
	line 21	Business current transfer payments (net)	286.430	238.648	238.648
	line 22	To persons (net)	99.724	106.133	106.133
	line 23	To government (net)	139.976	112.565	112.565
	line 24	To the rest of the world (net)	46.729	19.949	19.949
	line 25	Current surplus of government enterprises	-47.460	-46.918	-46.918
		Addenda for corporate cash flow:
	line 26	Net cash flow with IVA	3,470.988	3,343.902	3,343.902
	line 27	Undistributed profits with IVA and CCAdj	895.713	849.856	849.856
	line 28	Consumption of fixed capital	2,583.318	2,447.353	2,447.353
	line 29	Less: Capital transfers paid (net)	8.043	-46.693	-46.693
		Addenda:
	line 30	Proprietors' income with IVA and CCAdj	2,023.080	1,941.958	1,941.958
	line 31	Farm	57.843	71.369	71.369
	line 32	Proprietors' income with IVA	69.011	82.960	82.960
	line 33	Capital consumption adjustment	-11.169	-11.591	-11.591
	line 34	Nonfarm	1,965.237	1,870.590	1,870.590
	line 35	Proprietors' income (without IVA and CCAdj)	1,652.677	1,561.043	1,561.043
	line 36	Inventory valuation adjustment	0.142	6.866	6.866
	line 37	Capital consumption adjustment	312.418	302.680	302.680
	line 38	Rental income of persons with CCAdj	1,078.149	1,002.484	1,002.484
	line 39	Rental income of persons (without CCAdj)	1,114.534	1,038.085	1,038.085
	line 40	Capital consumption adjustment	-36.385	-35.601	-35.601
	line 41	Corporate profits with IVA and CCAdj	3,801.751	3,617.326	3,617.326
	line 42	Corporate profits with IVA	4,170.245	3,888.224	3,888.224
	line 43	Profits before tax (without IVA and CCAdj)	4,179.160	3,855.237	3,855.237
	line 44	Taxes on corporate income	680.341	613.010	613.010
	line 45	Profits after tax (without IVA and CCAdj)	3,498.819	3,242.227	3,242.227
	line 46	Net dividends	2,225.697	2,154.460	2,154.460
	line 47	Undistributed profits (without IVA and CCAdj)	1,273.122	1,087.767	1,087.767
	line 48	Inventory valuation adjustment	-8.915	32.987	32.987
	line 49	Capital consumption adjustment	-368.494	-270.898	-270.898