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: 11/5/2008   Last Revised on October 30, 2008  Next Release Date November 25, 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
   2008   
III
1Gross domestic product12,959,64813,134,14213,249,59713,370,12813,510,88313,737,50813,950,56014,031,21314,150,83314,294,45114,429,156
2Plus: Income receipts from the rest of
    the world
661,865720,043745,921773,676788,228852,845898,455907,376843,229822,809---  
3Less: Income payments to the rest of
    the world
582,355634,833679,443691,827715,819793,181786,254742,001705,054708,947---  
4Equals: Gross national product13,039,15813,219,35213,316,07513,451,97713,583,29213,797,17214,062,76114,196,58814,289,00814,408,313---  
5Less: Consumption of fixed capital1,582,6751,612,5481,638,3421,662,1681,684,2681,707,0461,731,9211,758,6011,777,9511,803,1051,900,217
6            Private1,323,1391,346,7661,367,7941,386,2241,402,0551,420,0091,440,0841,462,2801,477,4771,497,4191,588,029
7               Domestic business1,059,8391,077,8481,094,4801,109,7331,123,6091,138,5091,154,4331,171,3811,186,0501,205,6221,266,875
8                  Capital consumption
                      allowances
997,9051,002,7071,008,4811,015,2261,043,8321,051,5781,059,3541,067,1601,286,0361,295,1991,323,608
9                  Less: Capital
                      consumption adjustment
-61,934-75,141-85,999-94,507-79,777-86,931-95,079-104,22199,98689,57756,733
10               Households and
                   institutions
263,300268,918273,315276,492278,446281,500285,650290,898291,426291,797321,154
11            Government259,536265,782270,548275,944282,213287,037291,837296,321300,474305,686312,188
12               General government216,757221,840225,837230,245235,503239,467243,421247,137250,813255,201260,637
13               Government enterprises42,77943,94244,71145,69946,71047,57048,41649,18449,66150,48551,551
14Equals: Net national product11,456,48311,606,80411,677,73311,789,80911,899,02412,090,12612,330,84012,437,98712,511,05712,605,208---  
15Less: Statistical discrepancy-154,629-131,694-170,834-194,908-188,422-143,447-7,79613,85163,41098,352---  
16Equals: National income11,611,11211,738,49811,848,56711,984,71712,087,44612,233,57312,338,63612,424,13612,447,64712,506,856---  
17Less: Corporate profits with inventory
    valuation and capital consumption
    adjustments
1,634,1961,681,6271,713,8131,644,5281,617,7651,672,5341,668,3451,611,0501,593,5281,533,281---  
18         Taxes on production and
             imports less subsidies 1
908,497923,826931,987941,482955,204956,419965,677975,312975,120988,541987,555
19         Contributions for government
             social insurance
917,068918,856925,504940,444959,812959,112966,048975,260992,196997,0041,002,180
20         Net interest and
             miscellaneous payments on assets
615,548629,723630,123649,322645,827660,828662,991688,070662,343683,354666,089
21         Business current transfer
             payments (net)
85,13483,54186,02586,77898,26097,356102,216103,072103,227102,14092,810
22         Current surplus of government
             enterprises 1
-7,821-8,314-9,145-9,183-10,844-8,473-5,514-6,729-7,104-7,723-8,022
23         Wage accruals less
             disbursements
-20,0000025,000-25,000000000
24Plus: Personal income receipts on assets1,735,4441,809,4791,865,7751,888,5711,930,8961,982,5242,030,9172,056,1992,054,1052,052,3222,070,585
25         Personal current transfer
             receipts
1,567,6411,594,4671,620,0961,629,8001,695,7151,699,1551,720,5811,737,7851,778,0511,926,2701,871,627
26Equals: Personal income10,781,57510,913,18511,056,13111,224,71711,473,03311,577,47611,730,37111,872,08511,960,49312,188,85112,219,914
  Addenda:
27   Gross domestic income13,114,27713,265,83613,420,43113,565,03613,699,30513,880,95513,958,35614,017,36214,087,42314,196,099---  
28   Gross national income13,193,78713,351,04613,486,90913,646,88513,771,71413,940,61914,070,55714,182,73714,225,59814,309,961---  
29   Gross national factor income 2 12,207,97712,351,99312,478,04212,627,80812,729,09412,895,31713,008,17813,111,08213,154,35513,227,003---  
30   Net domestic product11,376,97311,521,59411,611,25511,707,96011,826,61512,030,46212,218,63912,272,61212,372,88212,491,34612,528,939
31   Net domestic income11,531,60211,653,28811,782,08911,902,86812,015,03712,173,90912,226,43512,258,76112,309,47212,392,994---  
32   Net national factor income 3 10,625,30210,739,44510,839,70010,965,64011,044,82611,188,27111,276,25711,352,48111,376,40411,423,898---  
       Footnotes

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