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Annual:
F.3 Distribution of National Income

   
    1946    
 
 
    2021
Millions of Dollars
Line Name 2021 Preceding
Period
Year Ago
from Period
1
National income
19,785,528 17,894,592 17,894,592
2
Compensation of employees
12,538,481 11,592,748 11,592,748
3
Wages and salaries
10,290,107 9,457,379 9,457,379
4
Supplements to wages and salaries
2,248,375 2,135,369 2,135,369
5
Proprietors' income with IVA and CCAdj
1,753,568 1,643,117 1,643,117
6
Rental income of persons with CCAdj
723,809 719,846 719,846
7
Corporate profits with IVA and CCAdj
2,771,081 2,260,100 2,260,100
8
Corporate profits with IVA
2,881,204 2,373,462 2,373,462
9
Profits before tax
3,138,073 2,399,837 2,399,837
10
Domestic nonfinancial
2,140,741 1,455,612 1,455,612
11
Domestic financial
584,957 514,600 514,600
12
Rest of the world
412,376 429,626 429,626
Less:
13
Taxes on corporate income
388,233 288,912 288,912
14
Domestic nonfinancial
280,913 204,017 204,017
15
Domestic financial
107,320 84,896 84,896
Equals:
16
Profits after tax
2,749,840 2,110,925 2,110,925
17
Net dividends
1,659,288 1,541,333 1,541,333
18
Domestic nonfinancial
1,042,169 850,174 850,174
19
Domestic financial
359,407 371,423 371,423
20
Rest of the world
257,712 319,737 319,737
21
Undistributed profits
1,090,553 569,592 569,592
22
Domestic nonfinancial
817,659 401,422 401,422
23
Domestic financial
118,230 58,281 58,281
24
Rest of the world
154,664 109,890 109,890
25
Inventory valuation adjustment (IVA)
-256,869 -26,375 -26,375
26
Capital consumption adjustment (CCAdj)
-110,124 -113,362 -113,362
27
Domestic nonfinancial
-37,339 -41,918 -41,918
28
Domestic financial
-72,785 -71,445 -71,445
29
Net interest and miscellaneous payments
644,054 665,817 665,817
30
Taxes on production and imports
1,663,398 1,526,301 1,526,301
31
Less: Subsidies
481,944 657,276 657,276
32
Business current transfer payments (net)
171,021 144,080 144,080
33
To persons (net)
70,955 44,094 44,094
34
To government (net)
97,415 97,531 97,531
35
To rest of the world (net)
2,650 2,455 2,455
36
Current surplus of government enterprises
2,059 -141 -141
Memo:
Calculation of gross domestic product from National income:
37
National Income, from line 1 above
19,785,528 17,894,592 17,894,592
Plus:
38
Private consumption of fixed capital
3,184,502 2,971,828 2,971,828
39
Government consumption of fixed capital
647,085 605,941 605,941
40
Statistical discrepancy
-128,943 -214,915 -214,915
Less:
41
Net U.S. income receipts from rest of world
173,091 196,970 196,970
Equals:
42
Gross domestic product
23,315,080 21,060,476 21,060,476
   

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