Table 7. Relation of Gross Domestic Product, Gross National Product, and National Income [Billions of dollars] Seasonally adjusted at annual rates Line 2019 2020 2021 2021 2022 Line Q3 Q4 Q1 Q2 Q3 1 Gross domestic product (GDP) 21,381.0 21,060.5 23,315.1 23,550.4 24,349.1 24,740.5 25,248.5 25,663.3 2 Plus: Income receipts from the rest of the world 1,172.2 971.3 1,087.0 1,106.8 1,120.9 1,147.1 1,231.3 3 Less: Income payments to the rest of the world 894.2 774.3 913.9 939.0 939.5 958.4 1,023.3 4 Equals: Gross national product 21,659.0 21,257.4 23,488.2 23,718.3 24,530.6 24,929.2 25,456.4 A 5 Less: Consumption of fixed capital 3,436.6 3,577.8 3,831.6 3,875.7 3,984.9 4,113.6 4,242.1 4,360.1 5 6 Less: Statistical discrepancy -105.5 -214.9 -128.9 -133.5 -124.2 -277.0 -323.1 7 Equals: National income 18,327.9 17,894.6 19,785.5 19,976.1 20,669.9 21,092.6 21,537.4 8 Compensation of employees 11,448.1 11,592.7 12,538.5 12,681.3 13,044.4 13,259.7 13,469.0 13,696.5 8 9 Wages and salaries 9,324.6 9,457.4 10,290.1 10,422.3 10,748.4 10,925.5 11,108.4 11,307.0 9 10 Supplements to wages and salaries 2,123.5 2,135.4 2,248.4 2,259.0 2,296.0 2,334.2 2,360.5 2,389.6 10 11 Proprietors' income with inventory valuation and capital consumption adjustments 1,601.4 1,643.1 1,753.6 1,792.7 1,789.8 1,811.4 1,835.4 1,859.5 11 12 Rental income of persons with capital consumption adjustment 698.2 719.8 723.8 722.7 739.6 744.9 775.9 794.5 12 13 Corporate profits with inventory valuation and capital consumption adjustments 2,402.2 2,260.1 2,771.1 2,843.5 2,865.9 2,869.6 3,001.3 13 14 Net interest and miscellaneous payments 571.2 665.8 644.1 622.0 621.5 630.2 608.2 531.7 14 15 Taxes on production and imports less subsidies 1,457.1 869.0 1,181.5 1,133.7 1,424.3 1,604.9 1,652.0 1,678.8 15 16 Business current transfer payments (net) 164.0 144.1 171.0 176.9 178.8 170.1 198.7 174.2 16 17 Current surplus of government enterprises -14.2 -0.1 2.1 3.3 5.8 1.8 .3.0 -6.5 17 Addenda: 18 Gross domestic income (GDI) 21,486.5 21,275.4 23,444.0 23,683.9 24,473.3 25,017.5 25,571.6 18 19 Average of GDP and GDI 21,433.7 21,167.9 23,379.6 23,617.2 24,411.2 24,879.0 25,410.0 19 20 Statistical discrepancy as a percentage of GDP -0.5 -1.0 -0.6 -0.6 -0.5 -1.1 -1.3 20 Source: U.S. Bureau of Economic AnalysisOctober 27, 2022 Table 8. Personal Income and Its Disposition (Billions of dollars] Seasonally adjusted at annual rates Line 2019 2020 2021 2021 2022 Line Q3 Q4 Q1 Q2 Q3 1 Personal income 18,587.0 19,832.3 21,294.8 21,005.2 21,162.1 21,319.8 21,625.5 21,916.8 1 2 Compensation of employees 11,448.1 11,592.7 12,538.5 12,681.3 13,044.4 13,259.7 13,469.0 13,696.5 2 Wages and salaries 9,324.6 9,457.4 10,290.1 10,422.3 10,748.4 10,925.5 11,108.4 11,307.0 3 A Supplements to wages and salaries 2,123.5 2,135.4 2,248.4 2,259.0 2,296.0 2,334.2 2,360.5 2,389.6 4 5 Proprietors' income with inventory valuation and capital consumption adjustments 1,601.4 1,643.1 1,753.6 1,792.7 1,789.8 1,811.4 1,835.4 1,859.5 5 6 Farm 29.1 45.2 51.3 63.8 43.9 74.4 95.7 95.7 6 Nonfarm 1,572.3 1,597.9 1,702.2 1,728.9 1,745.9 1,737.0 1,739.7 1,763.8 7 8 Rental income of persons with capital consumption adjustment 698.2 719.8 723.8 722.7 739.6 744.9 775.9 794.5 8 9 Personal income receipts on assets 3,119.0 3,095.4 3,202.4 3,222.9 3,258.5 3,269.9 3,323.0 3,373.0 9 10 Personal interest income 1,658.1 1,647.3 1,658.6 1,655.7 1,657.5 1,670.8 1,708.6 1,743.0 10 11 Personal dividend income 1,460.9 1,448.1 1,543.9 1,567.3 1,601.0 1,599.1 1,614.4 1,630.1 11 12 Personal current transfer receipts 3,144.8 4,231.2 4,617.3 4,139.6 3,925.7 3,868.7 3,883.2 3,882.0 12 13 Less: Contributions for government social insurance, domestic 1,424.6 1,450.0 1,540.8 1,554.0 1,595.8 1,634.7 1,660.9 1,688.8 13 14 Less: Personal current taxes 2,198.4 2,236.4 2,661.7 2,693.2 2,806.1 3,145.5 3,197.9 3,220.8 14 15 Equals: Disposable personal income 16,388.6 17,595.9 18,633.1 18,312.0 18,356.1 18,174.4 18,427.6 18,696.0 15 16 Less: Personal outlays 14,942.0 14,603.6 16,389.8 16,643.0 17,019.0 17,389.5 17,798.7 18,069.9 16 17 Equals: Personal saving 1,446.6 2,992.3 2,243.4 1,669.1 1,337.1 784.9 629.0 626.1 17 18 Personal saving as a percentage of disposable personal income 8.8 17.0 12.0 9.1 7.3 4.3 3.4 3.3 18 Addenda: 19 Personal income excluding current transfer receipts, billions of chained (2012) dollars 14,046.9 14,036.8 14,424.3 14,491.6 14,589.6 14,507.5 14,492.4 14,581.1 19 20 Disposable personal income, billions of chained (2012) dollars 14,907.8 15,831.6 16,115.7 15,734.4 15,537.3 15,108.8 15,052.1 15,115.7 20 1. Personal income is also equal to national income less corporate profits with inventory valuation and capital consumption adjustments, taxes on production and imports less subsidies, contributions for government social insurance, net interest and miscellaneous payments, business current transfer payments (net), and current surplus of government enterprises, plus