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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 $)

2021
2021

2020
2020

2019
2019

2018
2018

2017
2017
Gross domestic product (GDP)
22,996.1 20,893.7 21,427.7 20,494.1 19,485.4
Income receipts from the rest of the world
1,145.0 992.9 1,158.8 1,076.8 957.1
Less: Income payments to the rest of the world
-892.5 -770.6 -863.3 -815.4 -713.4
Equals: Gross national product (GNP)
23,248.5 21,116.1 21,723.2 20,755.5 19,729.1
Less: Consumption of fixed capital
3,847.9 3,575.9 3,463.0 3,273.9 3,116.2
Less: Statistical discrepancy
519.5 170.6 -98.2 62.4 143.2
Equals: National income
19,920.2 17,710.7 18,162.0 17,544.0 16,756.1
Compensation of employees
12,580.9 11,572.2 11,427.7 10,855.9 10,407.2
Wage & salary accruals
10,327.1 9,444.1 9,304.2 8,835.0 8,453.8
Supplements to wages & salaries
2,253.7 2,128.0 2,123.5 2,021.0 1,953.4
Corporate profits with inventory valuation & capital consumption adj.
2,805.8 394.7 367.4 341.4 2,099.3
Proprietors' income with inventory valuation & capital consumption adj.
1,821.9 1,650.0 1,658.2 1,578.8 1,500.9
Rental income of persons with capital consumption adj.
726.4 711.6 777.9 759.9 730.2
Net interest & miscellaneous payments
686.1 618.8 644.9 577.1 576.4
Taxes on production & imports less subsidies
1,148.1 773.3 1,420.1 1,362.6 1,285.9
Business current transfer payments
164.0 158.6 170.7 159.5 161.2
Current surplus of government enterprises
-12.9 -17.5 -12.2 -12.6 -4.9
Addenda:            
Gross domestic income
21,420.4 21,420.4 21,329.5 20,569.4 19,425.6


     
       
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