National Income by Type
Updated August 5, 2020 |
Infoplease Staff
(in billions of dollars)
Type of income | 1930 | 1940 | 1950 | 1960 | 1970 | 1980 | 1990 | 1995 | 2000 | 2001 | 2002 | 2003 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
National income | $83.1 | $91.2 | $264.4 | $474.9 | $930.9 | $2439.3 | $5089.1 | $6453.9 | $8795.2 | $8981.2 | $9290.8 | $9707.8 |
Compensation of employees | 46.9 | 52.2 | 155.3 | 296.4 | 617.2 | 1651.8 | 3338.2 | 4193.3 | 5782.7 | 5940.4 | 6019.1 | 6203.0 |
Wage and salary accruals | 46.2 | 49.9 | 147.3 | 272.9 | 551.6 | 1377.6 | 2754.0 | 3435.7 | 4829.2 | 4942.9 | 4974.6 | 5100.2 |
Supplements to wages and salaries | 0.7 | 2.3 | 8.0 | 23.6 | 65.7 | 274.2 | 584.2 | 757.7 | 953.4 | 997.6 | 1044.5 | 1102.8 |
Proprietors' income1,2 | 11.1 | 12.3 | 37.6 | 50.8 | 78.4 | 174.1 | 380.6 | 492.1 | 728.4 | 770.6 | 797.7 | 846.9 |
Farm | 4.0 | 4.1 | 12.9 | 10.5 | 12.7 | 11.3 | 31.9 | 22.7 | 22.7 | 25.0 | 14.3 | 19.5 |
Nonfarm | 7.0 | 8.2 | 24.7 | 40.3 | 65.7 | 162.8 | 348.7 | 469.5 | 705.7 | 745.6 | 783.4 | 827.4 |
Rental income1 | 5.5 | 3.9 | 9.2 | 17.1 | 21.4 | 30.0 | 50.7 | 122.1 | 150.3 | 163.1 | 173.0 | 164.2 |
Corporate profits1,2 | 7.5 | 9.8 | 36.0 | 53.8 | 83.6 | 201.1 | 437.8 | 696.7 | 817.9 | 770.4 | 904.2 | 1069.9 |
Net interest and misc. payments | 4.8 | 3.3 | 3.2 | 10.6 | 39.1 | 181.8 | 442.2 | 367.1 | 559.0 | 568.4 | 582.4 | 583.2 |
Taxes on production and imports | 7.0 | 9.8 | 23.0 | 44.6 | 91.5 | 200.7 | 425.5 | 558.2 | 708.9 | 729.8 | 760.1 | 788.7 |
Less: Subsidies3 | 0.0 | 0.6 | 0.6 | 1.1 | 4.8 | 9.8 | 26.8 | 34.0 | 44.3 | 55.3 | 38.2 | 48.2 |
Business current transfer payments (net) | 0.5 | 0.5 | 0.9 | 1.9 | 4.5 | 14.4 | 39.4 | 46.9 | 87.1 | 92.5 | 89.8 | 95.2 |
Current surplus of government enterprises3 | — | — | — | 0.9 | 0.0 | –4.8 | 1.6 | 11.4 | 5.3 | 1.2 | 2.8 | 5.0 |
Personal income | $76.3 | $78.5 | $229.0 | $411.5 | $838.8 | $2307.9 | $4878.6 | $6152.3 | $8429.7 | $8713.1 | $8910.3 | $9208.0 |
Disposable personal income | 74.7 | 76.8 | 210.1 | 365.4 | 735.7 | 2009.0 | 4285.8 | 5408.2 | 7194.0 | 7469.4 | 7857.2 | 8216.5 |
Personal savings | 3.1 | 4.4 | 15.1 | 26.7 | 69.5 | 201.4 | 299.4 | 250.9 | 168.5 | 127.2 | 183.2 | 173.5 |
1. Includes capital consumption adjustment.
2. Includes inventory valuation adjustment.
3. Prior to 1960, current surplus of government enterprises is deducted from subsidies.
Source: U.S. Department of Commerce, Bureau of Economic Analysis, Survey of Current Business, July 2004. Web: www.bea.doc.gov .
Agricultural Output by State, 2004 Crops | U.S. Economy and the Federal Budget | Balance of International Payments |