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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 $) |
2020
2020 |
2019
2019 |
2018
2018 |
2017
2017 |
2016
2016 |
Gross domestic product
(GDP) |
|
20,934.9 |
21,427.7 |
20,494.1 |
19,485.4 |
18,707.2 |
Income receipts from the
rest of the world |
|
- |
1,158.8 |
1,076.8 |
957.1 |
859.1 |
Less:
Income payments to the rest of the world |
|
- |
-863.3 |
-815.4 |
-713.4 |
-643.8 |
Equals: Gross national
product (GNP) |
|
- |
21,723.2 |
20,755.5 |
19,729.1 |
18,922.5 |
Less:
Consumption of fixed capital |
|
3,559.0 |
3,463.0 |
3,273.9 |
3,116.2 |
2,990.5 |
Less:
Statistical discrepancy |
|
- |
-98.2 |
62.4 |
143.2 |
126.9 |
Equals: National
income |
|
- |
18,162.0 |
17,544.0 |
16,756.1 |
16,058.9 |
Compensation of employees |
|
11,449.5 |
11,427.7 |
10,855.9 |
10,407.2 |
9,956.2 |
Wage & salary accruals |
|
9,331.9 |
9,304.2 |
8,835.0 |
8,453.8 |
8,080.7 |
Supplements to wages &
salaries |
|
2,117.6 |
2,123.5 |
2,021.0 |
1,953.4 |
1,875.6 |
Corporate profits with inventory
valuation & capital consumption adj. |
|
- |
367.4 |
341.4 |
2,099.3 |
2,035.0 |
Proprietors' income with
inventory valuation & capital consumption adj. |
|
1,694.6 |
1,658.2 |
1,578.8 |
1,500.9 |
1,419.3 |
Rental income of persons
with capital consumption adj. |
|
801.9 |
777.9 |
759.9 |
730.2 |
694.8 |
Net interest & miscellaneous
payments |
|
618.6 |
644.9 |
577.1 |
576.4 |
546.0 |
Taxes on production &
imports less subsidies |
|
733.4 |
1,420.1 |
1,362.6 |
1,285.9 |
1,241.9 |
Business current transfer
payments |
|
164.6 |
170.7 |
159.5 |
161.2 |
168.1 |
Current surplus of government
enterprises |
|
-18.3 |
-12.2 |
-12.6 |
-4.9 |
-2.3 |
Addenda: |
|
|
|
|
|
|
Gross domestic income |
|
21,420.4 |
21,329.5 |
20,569.4 |
19,425.6 |
18,834.0 |
|