National Income and Product Accounts Table

Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income
[Millions of dollars]   Seasonally adjusted at annual rates

Cautionary note on the use of data in millions of dollars -- The tables provided include estimates in millions of dollars for NIPA series that appear regularly in the national income and product account (NIPA) tables published in the Survey of Current Business. The Bureau of Economic Analysis (BEA) generally does not include estimates at this level of precision in the published tables because the associated sampling and nonsampling errors are larger than this implied level of precision. Compared with the published aggregates, the million-dollar estimates are generally not any more accurate.
Today is: 9/17/2008   Last Revised on August 28, 2008  Next Release Date September 26, 2008
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Line      2006   
I
   2006   
II
   2006   
III
   2006   
IV
   2007   
I
   2007   
II
   2007   
III
   2007   
IV
   2008   
I
   2008   
II
1Gross domestic product12,959,64813,134,14213,249,59713,370,12813,510,88313,737,50813,950,56014,031,21314,150,83314,312,469
2Plus: Income receipts from the rest of
    the world
661,865720,043745,921773,676788,228852,845898,455907,376843,229825,429
3Less: Income payments to the rest of
    the world
582,355634,833679,443691,827715,819793,181786,254742,001705,054710,224
4Equals: Gross national product13,039,15813,219,35213,316,07513,451,97713,583,29213,797,17214,062,76114,196,58814,289,00814,427,674
5Less: Consumption of fixed capital1,582,6751,612,5481,638,3421,662,1681,684,2681,707,0461,731,9211,758,6011,777,9511,804,431
6            Private1,323,1391,346,7661,367,7941,386,2241,402,0551,420,0091,440,0841,462,2801,477,4771,498,668
7               Domestic business1,059,8391,077,8481,094,4801,109,7331,123,6091,138,5091,154,4331,171,3811,186,0501,206,120
8                  Capital consumption
                      allowances
997,9051,002,7071,008,4811,015,2261,043,8321,051,5781,059,3541,067,1601,286,0361,295,199
9                  Less: Capital
                      consumption adjustment
-61,934-75,141-85,999-94,507-79,777-86,931-95,079-104,22199,98689,079
10               Households and
                   institutions
263,300268,918273,315276,492278,446281,500285,650290,898291,426292,549
11            Government259,536265,782270,548275,944282,213287,037291,837296,321300,474305,763
12               General government216,757221,840225,837230,245235,503239,467243,421247,137250,813255,256
13               Government enterprises42,77943,94244,71145,69946,71047,57048,41649,18449,66150,507
14Equals: Net national product11,456,48311,606,80411,677,73311,789,80911,899,02412,090,12612,330,84012,437,98712,511,05712,623,243
15Less: Statistical discrepancy-154,629-131,694-170,834-194,908-188,422-143,447-7,79613,85163,410111,773
16Equals: National income11,611,11211,738,49811,848,56711,984,71712,087,44612,233,57312,338,63612,424,13612,447,64712,511,470
17Less: Corporate profits with inventory
    valuation and capital consumption
    adjustments
1,634,1961,681,6271,713,8131,644,5281,617,7651,672,5341,668,3451,611,0501,593,5281,555,721
18         Taxes on production and
             imports less subsidies 1
908,497923,826931,987941,482955,204956,419965,677975,312975,120981,198
19         Contributions for government
             social insurance
917,068918,856925,504940,444959,812959,112966,048975,260992,196996,924
20         Net interest and
             miscellaneous payments on assets
615,548629,723630,123649,322645,827660,828662,991688,070662,343677,200
21         Business current transfer
             payments (net)
85,13483,54186,02586,77898,26097,356102,216103,072103,227103,047
22         Current surplus of government
             enterprises 1
-7,821-8,314-9,145-9,183-10,844-8,473-5,514-6,729-7,104-7,653
23         Wage accruals less
             disbursements
-20,0000025,000-25,00000000
24Plus: Personal income receipts on assets1,735,4441,809,4791,865,7751,888,5711,930,8961,982,5242,030,9172,056,1992,054,1052,043,009
25         Personal current transfer
             receipts
1,567,6411,594,4671,620,0961,629,8001,695,7151,699,1551,720,5811,737,7851,778,0511,926,178
26Equals: Personal income10,781,57510,913,18511,056,13111,224,71711,473,03311,577,47611,730,37111,872,08511,960,49312,174,220
  Addenda:
27   Gross domestic income13,114,27713,265,83613,420,43113,565,03613,699,30513,880,95513,958,35614,017,36214,087,42314,200,696
28   Gross national income13,193,78713,351,04613,486,90913,646,88513,771,71413,940,61914,070,55714,182,73714,225,59814,315,901
29   Gross national factor income 2 12,207,97712,351,99312,478,04212,627,80812,729,09412,895,31713,008,17813,111,08213,154,35513,239,309
30   Net domestic product11,376,97311,521,59411,611,25511,707,96011,826,61512,030,46212,218,63912,272,61212,372,88212,508,038
31   Net domestic income11,531,60211,653,28811,782,08911,902,86812,015,03712,173,90912,226,43512,258,76112,309,47212,396,265
32   Net national factor income 3 10,625,30210,739,44510,839,70010,965,64011,044,82611,188,27111,276,25711,352,48111,376,40411,434,878
       Footnotes

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