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Relation of U.S. GDP, U.S. GNP and U.S. National Income

Annual Report (In billions $)



Relation of GDP, GNP and National Income
(In billions $)

2018
2018

2017
2017

2016
2016
2015

rev.
2014

adv.
Gross domestic product (GDP)
20,494.1 19,485.4 18,707.2 17,947.0 17,418.9
Income receipts from the rest of the world
1,076.8 957.1 859.1 616.9 827.7
Less: Income payments to the rest of the world
-815.4 -713.4 -643.8 -2,821.3 -616.0
Equals: Gross national product (GNP)
20,755.5 19,729.1 18,922.5 15,534.5 17,630.6
Less: Consumption of fixed capital
3,273.9 3,116.2 2,990.5 7,824.0 2,736.2
Less: Statistical discrepancy
62.4 143.2 126.9 -1,830.9 176.0
Equals: National income
17,544.0 16,756.1 16,058.9 656.6 15,070.4
Compensation of employees
10,855.9 10,407.2 9,956.2 2,008.9 9,221.6
Wage & salary accruals
8,835.0 8,453.8 8,080.7 523.8 7,446.0
Supplements to wages & salaries
2,021.0 1,953.4 1,875.6 1,177.3 1,775.6
Corporate profits with inventory valuation & capital consumption adj.
- 2,099.3 2,035.0 2,008.9 2,089.8
Proprietors' income with inventory valuation & capital consumption adj.
1,578.8 1,500.9 1,419.3 1,388.3 1,380.2
Rental income of persons with capital consumption adj.
759.9 730.2 694.8 656.6 640.2
Net interest & miscellaneous payments
577.1 576.4 546.0 523.8 486.3
Taxes on production & imports less subsidies
1,362.6 1,285.9 1,241.9 1,177.3 1,145.8
Business current transfer payments
159.5 161.2 168.1 141.2 140.6
Current surplus of government enterprises
-12.6 -4.9 -2.3 -16.5 -34.2
Addenda:            
Gross domestic income
- 19,425.6 18,834.0 18,153.9 16,931.9


     
       
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