Financial Accounts of the United States - Z.1
F.3 Distribution of National Income (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. national income | FA086010005 | 18273.1 | 17710.7 | 18473.4 | 16241.3 | 17544.3 | 18583.8 | 19086.8 | 19575.1 | 20198.0 | 1 |
| Households and nonprofit organizations; compensation of employees received | FA156025105 | 11447.7 | 11572.2 | 11755.5 | 11029.2 | 11539.7 | 11964.2 | 12088.9 | 12416.6 | 12729.9 | 2 |
| Households and nonprofit organizations; wages and salaries received (IMA) | FA156020101 | 9323.5 | 9444.1 | 9604.1 | 8979.0 | 9410.3 | 9783.0 | 9879.2 | 10180.4 | 10462.4 | 3 |
| Households and nonprofit organizations; supplements to wages and salaries | FA156401101 | 2124.2 | 2128.0 | 2151.4 | 2050.2 | 2129.4 | 2181.1 | 2209.7 | 2236.2 | 2267.5 | 4 |
| Nonfinancial business; proprietors' income with IVA and CCAdj | FA146111105 | 1598.9 | 1650.0 | 1638.3 | 1471.1 | 1760.7 | 1730.0 | 1714.0 | 1848.2 | 1854.2 | 5 |
| Nonfinancial noncorporate business; rental income of persons with CCAdj | FA116112101 | 692.1 | 711.6 | 712.2 | 709.5 | 714.5 | 710.0 | 716.9 | 716.3 | 728.0 | 6 |
| Corporate business; corporate profits before tax including IVA and CCAdj | FA096060035 | 2367.8 | 2243.8 | 2169.5 | 1942.6 | 2435.4 | 2427.5 | 2551.4 | 2819.2 | 2940.6 | 7 |
| Corporate business; corporate profits before tax with IVA excluding CCAdj | FA096060025 | 2254.6 | 2165.9 | 2081.9 | 1864.0 | 2360.5 | 2357.2 | 2461.8 | 2747.7 | 2898.3 | 8 |
| Corporate business; corporate profits before tax excluding IVA and CCAdj | FA096060005 | 2254.6 | 2184.1 | 1988.8 | 1818.9 | 2448.4 | 2480.1 | 2711.3 | 3069.0 | 3139.1 | 9 |
| Nonfinancial corporate business; corporate profits before tax excluding IVA and CCAdj | FA106060005 | 1208.0 | 1226.8 | 1023.7 | 910.0 | 1491.5 | 1482.1 | 1725.1 | 2031.9 | 2041.7 | 10 |
| Domestic financial sectors; corporate profits before tax excluding IVA and CCAdj | FA796060005 | 533.2 | 502.5 | 486.0 | 500.6 | 502.4 | 521.0 | 519.9 | 576.9 | 597.1 | 11 |
| Rest of the world; corporate profits before tax excluding IVA and CCAdj | FA266060005 | 513.4 | 454.7 | 479.1 | 408.3 | 454.5 | 477.0 | 466.4 | 460.2 | 500.3 | 12 |
| Corporate business; taxes on corporate income (accrual basis) | FA096231001 | 302.2 | 275.6 | 245.4 | 241.2 | 300.3 | 315.6 | 343.7 | 378.6 | 396.9 | 13 |
| Nonfinancial corporate business; taxes on corporate income | FA106231005 | 203.6 | 189.6 | 162.8 | 158.7 | 214.1 | 222.7 | 244.8 | 276.1 | 287.2 | 14 |
| Domestic financial sectors; taxes on corporate income | FA796231003 | 98.6 | 86.0 | 82.7 | 82.4 | 86.2 | 92.9 | 98.9 | 102.5 | 109.7 | 15 |
| Corporate business; corporate profits after tax excluding IVA and CCAdj | FA096060015 | 1952.4 | 1908.4 | 1743.4 | 1577.7 | 2148.2 | 2164.5 | 2367.6 | 2690.4 | 2742.1 | 16 |
| Corporate business; net dividends paid | FA096121073 | 1386.4 | 1394.9 | 1417.7 | 1395.7 | 1368.6 | 1397.5 | 1359.7 | 1411.0 | 1439.5 | 17 |
| Nonfinancial corporate business; net dividends paid | FA106121075 | 695.7 | 796.2 | 756.5 | 789.5 | 766.3 | 872.5 | 759.1 | 874.8 | 822.2 | 18 |
| Domestic financial sectors; net dividends paid | FA796121073 | 224.3 | 289.9 | 206.6 | 313.7 | 340.8 | 298.6 | 248.5 | 282.7 | 278.7 | 19 |
| Rest of the world; net dividends paid | FA266121073 | 466.4 | 308.7 | 454.6 | 292.5 | 261.5 | 226.4 | 352.1 | 253.6 | 338.6 | 20 |
| Corporate business; undistributed corporate profits excluding IVA and CCAdj | FA096006401 | 566.0 | 513.6 | 325.7 | 182.1 | 779.5 | 767.0 | 1007.9 | 1279.4 | 1302.6 | 21 |
| Nonfinancial corporate business; undistributed corporate profits excluding IVA and CCAdj | FA106006405 | 308.7 | 241.1 | 104.5 | -38.2 | 511.1 | 386.8 | 721.2 | 881.1 | 932.3 | 22 |
| Domestic financial sectors; undistributed corporate profits excluding CCAdj | FA796006403 | 210.2 | 126.5 | 196.8 | 104.5 | 75.5 | 129.4 | 172.4 | 191.7 | 208.7 | 23 |
| Rest of the world; undistributed corporate profits | FA266006403 | 47.1 | 146.0 | 24.4 | 115.9 | 193.0 | 250.7 | 114.3 | 206.6 | 161.6 | 24 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FA105020601 | -0.0 | -18.2 | 93.0 | 45.1 | -88.0 | -122.9 | -249.5 | -321.2 | -240.8 | 25 |
| Corporate business; capital consumption adjustment (CCADj) | FA096310003 | 113.2 | 77.9 | 87.6 | 78.6 | 74.9 | 70.4 | 89.6 | 71.4 | 42.4 | 26 |
| Nonfinancial corporate business; capital consumption adjustment (CCADj) | FA106310005 | 139.5 | 113.4 | 121.6 | 113.6 | 110.7 | 107.6 | 124.4 | 110.6 | 87.9 | 27 |
| Domestic financial sectors; capital consumption adjustment (CCAdj) | FA796310003 | -26.3 | -35.5 | -34.0 | -35.0 | -35.7 | -37.3 | -34.8 | -39.1 | -45.5 | 28 |
| National income; net interest and miscellaneous payments | FA086130003 | 558.2 | 618.8 | 566.9 | 619.3 | 623.0 | 666.0 | 695.2 | 693.6 | 683.0 | 29 |
| General government; taxes on production and imports, receivable (IMA) | FA366240005 | 1532.3 | 1534.7 | 1577.1 | 1460.5 | 1544.0 | 1557.0 | 1580.1 | 1636.3 | 1661.6 | 30 |
| General government; subsidies paid | FA366402005 | 73.0 | 761.4 | 80.9 | 1124.3 | 1221.2 | 619.2 | 406.3 | 705.6 | 555.1 | 31 |
| Nonfinancial business; other current transfers paid | FA146403005 | 162.3 | 158.6 | 149.4 | 152.8 | 165.8 | 166.3 | 165.8 | 166.0 | 162.4 | 32 |
| Households and nonprofit organizations; other current transfers received (IMA) | FA156403101 | 56.0 | 59.9 | 58.0 | 63.3 | 58.9 | 59.2 | 62.0 | 71.2 | 67.9 | 33 |
| General government; other current transfers received from business | FA366403145 | 95.7 | 97.8 | 93.3 | 95.1 | 99.7 | 103.2 | 98.4 | 94.4 | 94.0 | 34 |
| Rest of the world; other current transfers received | FA266403101 | 10.6 | 0.9 | -1.9 | -5.6 | 7.2 | 3.9 | 5.4 | 0.4 | 0.5 | 35 |
| General government; operating surplus, net | FA366402105 | -13.3 | -17.5 | -14.6 | -19.5 | -17.7 | -18.1 | -19.3 | -15.4 | -6.6 | 36 |
| U.S. national income | FA086010005 | 18273.1 | 17710.7 | 18473.4 | 16241.3 | 17544.3 | 18583.8 | 19086.8 | 19575.1 | 20198.0 | 37 |
| Private domestic sectors; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis | FA836300005 | 2848.6 | 2969.6 | 2924.5 | 2949.0 | 2981.5 | 3023.3 | 3071.2 | 3150.1 | 3243.9 | 38 |
| General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) | FA366300005 | 586.9 | 606.4 | 597.8 | 601.9 | 609.6 | 616.1 | 624.7 | 637.8 | 651.3 | 39 |
| Gross domestic product (GDP); statistical discrepancy (calculated from components) | FA087005005 | -69.7 | -170.6 | -274.5 | -142.8 | 230.0 | -495.0 | -509.7 | -391.7 | -657.9 | 40 |
| Rest of the world; net income payments to the U.S. | FA266904005 | 266.4 | 222.3 | 239.9 | 172.0 | 226.8 | 250.6 | 234.8 | 230.4 | 248.3 | 41 |
| Gross domestic product (GDP); sum of pieces (2) | FA086902005 | 21372.6 | 20893.7 | 21481.4 | 19477.4 | 21138.6 | 21477.6 | 22038.2 | 22741.0 | 23187.0 | 42 |
NOTES
- This table corresponds to NIPA table 1.12 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
- The relationship of National income (line 37) to Gross domestic product (line 42) is shown on NIPA table 1.7.5 in the Survey of Current Business, Bureau of Economic Analysis.
Last Update: December 9, 2021