1929    
 
 
    2022
Billions of Dollars
Line Name 2022 Preceding
Period
Year Ago
from Period
1
Gross domestic product (GDP)
25,462.722 23,315.081 23,315.081
2
Plus: Income receipts from the rest of the world
1,256.234 1,086.987 1,086.987
3
Less: Income payments to the rest of the world
1,078.828 913.897 913.897
4
Equals: Gross national product
25,640.128 23,488.172 23,488.172
5
Less: Consumption of fixed capital
4,284.735 3,831.587 3,831.587
6
Private
3,568.270 3,184.502 3,184.502
7
Domestic business
2,767.939 2,480.008 2,480.008
8
Capital consumption allowances
2,852.075 2,775.316 2,775.316
9
Less: Capital consumption adjustment
84.137 295.308 295.308
10
Households and institutions
800.331 704.494 704.494
11
Government
716.465 647.085 647.085
12
General government
615.643 559.489 559.489
13
Government enterprises
100.822 87.596 87.596
14
Equals: Net national product
21,355.394 19,656.585 19,656.585
15
Less: Statistical discrepancy
-162.631 -128.941 -128.941
16
Equals: National income
21,518.024 19,785.526 19,785.526
Less:
17
Corporate profits with inventory valuation and capital consumption adjustments
2,952.609 2,771.080 2,771.080
18
Taxes on production and imports less subsidies
1,648.734 1,181.454 1,181.454
19
Contributions for government social insurance, domestic
1,672.119 1,540.798 1,540.798
20
Net interest and miscellaneous payments on assets
542.136 644.054 644.054
21
Business current transfer payments (net)
183.298 171.021 171.021
22
Current surplus of government enterprises
-3.417 2.059 2.059
23
Plus: Personal income receipts on assets
3,343.923 3,202.429 3,202.429
24
Plus: Personal current transfer receipts
3,910.746 4,617.326 4,617.326
25
Equals: Personal income
21,777.215 21,294.815 21,294.815
Addenda:
26
Gross domestic income (GDI)
25,625.353 23,444.022 23,444.022
27
Average of GDP and GDI
25,544.037 23,379.552 23,379.552
28
Gross national income
25,802.759 23,617.113 23,617.113
29
Gross national factor income
23,974.144 22,262.579 22,262.579
30
Net domestic product
21,177.987 19,483.494 19,483.494
31
Net domestic income
21,340.618 19,612.435 19,612.435
32
Net national factor income
19,689.409 18,430.992 18,430.992
33
Net domestic purchases
22,153.022 20,345.207 20,345.207
34
Statistical discrepancy as a percentage of GDP
-0.6 -0.6 -0.6
   

Subscribe to the FRED newsletter


Follow us

Back to Top