Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income

Quarterly

	Line	Name	Period	Value	Preceding Period	Year Ago from Period	Units
	line 1	Gross domestic product (GDP)	Q1 2025	29,977.632 Billions of Dollars	29,723.864 Billions of Dollars	28,624.069 Billions of Dollars	Bil. of $
	line 2	Plus: Income receipts from the rest of the world	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 3	Less: Income payments to the rest of the world	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 4	Equals: Gross national product	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 5	Less: Consumption of fixed capital	Q1 2025	4,961.468 Billions of Dollars	4,916.043 Billions of Dollars	4,714.085 Billions of Dollars	Bil. of $
	line 6	Private	Q1 2025	4,126.168 Billions of Dollars	4,091.208 Billions of Dollars	3,917.974 Billions of Dollars	Bil. of $
	line 7	Domestic business	Q1 2025	3,225.553 Billions of Dollars	3,197.225 Billions of Dollars	3,051.863 Billions of Dollars	Bil. of $
	line 8	Capital consumption allowances	Q1 2025	3,248.939 Billions of Dollars	3,295.814 Billions of Dollars	3,171.254 Billions of Dollars	Bil. of $
	line 9	Less: Capital consumption adjustment	Q1 2025	23.386 Billions of Dollars	98.590 Billions of Dollars	119.391 Billions of Dollars	Bil. of $
	line 10	Households and institutions	Q1 2025	900.615 Billions of Dollars	893.984 Billions of Dollars	866.111 Billions of Dollars	Bil. of $
	line 11	Government	Q1 2025	835.301 Billions of Dollars	824.835 Billions of Dollars	796.110 Billions of Dollars	Bil. of $
	line 12	General government	Q1 2025	721.288 Billions of Dollars	711.695 Billions of Dollars	685.152 Billions of Dollars	Bil. of $
	line 13	Government enterprises	Q1 2025	114.013 Billions of Dollars	113.140 Billions of Dollars	110.958 Billions of Dollars	Bil. of $
	line 14	Equals: Net national product	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 15	Less: Statistical discrepancy	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 16	Equals: National income	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
		Less:
	line 17	Corporate profits with inventory valuation and capital consumption adjustments	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 18	Taxes on production and imports less subsidies	Q1 2025	1,932.293 Billions of Dollars	1,909.961 Billions of Dollars	1,841.104 Billions of Dollars	Bil. of $
	line 19	Contributions for government social insurance, domestic	Q1 2025	1,946.448 Billions of Dollars	1,918.239 Billions of Dollars	1,882.852 Billions of Dollars	Bil. of $
	line 20	Net interest and miscellaneous payments on assets	Q1 2025	228.304 Billions of Dollars	188.701 Billions of Dollars	228.284 Billions of Dollars	Bil. of $
	line 21	Business current transfer payments (net)	Q1 2025	312.138 Billions of Dollars	308.186 Billions of Dollars	311.668 Billions of Dollars	Bil. of $
	line 22	Current surplus of government enterprises	Q1 2025	-36.986 Billions of Dollars	-39.661 Billions of Dollars	-40.482 Billions of Dollars	Bil. of $
	line 23	Plus: Personal income receipts on assets	Q1 2025	4,015.209 Billions of Dollars	3,958.303 Billions of Dollars	3,938.948 Billions of Dollars	Bil. of $
	line 24	Plus: Personal current transfer receipts	Q1 2025	4,768.559 Billions of Dollars	4,626.617 Billions of Dollars	4,446.104 Billions of Dollars	Bil. of $
	line 25	Equals: Personal income	Q1 2025	25,397.150 Billions of Dollars	24,998.417 Billions of Dollars	24,344.193 Billions of Dollars	Bil. of $
		Addenda:
	line 26	Gross domestic income (GDI)	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 27	Average of GDP and GDI	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 28	Gross national income	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 29	Gross national factor income	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 30	Net domestic product	Q1 2025	25,016.163 Billions of Dollars	24,807.821 Billions of Dollars	23,909.985 Billions of Dollars	Bil. of $
	line 31	Net domestic income	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 32	Net national factor income	.	. Billions of Dollars	. Billions of Dollars	. Billions of Dollars	Bil. of $
	line 33	Net domestic purchases	Q1 2025	26,278.471 Billions of Dollars	25,727.905 Billions of Dollars	24,751.553 Billions of Dollars	Bil. of $
	line 34	Statistical discrepancy as a percentage of GDP	.	. Percentage of GDP	. Percentage of GDP	. Percentage of GDP	Percentage of GDP