F.3 Distribution of National Income (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
U.S. national income FA086010005 17854 19909.7 21678.4 22429.6 22136.9 22241.8 22522.2 22817.5 23094.8 1
Households and nonprofit organizations; compensation of employees received FA156025105 11594.7 12545.9 13439.2 14234 13965.2 14154.1 14368.7 14448.1 14647.9 2
Households and nonprofit organizations; wages and salaries received (IMA) FA156020101 9464.6 10312.6 11116 11798.1 11565.4 11733.3 11917.5 11976 12141.8 3
Households and nonprofit organizations; supplements to wages and salaries FA156401101 2130 2233.2 2323.2 2436 2399.8 2420.9 2451.2 2472.1 2506.2 4
Nonfinancial business; proprietors' income with IVA and CCAdj FA146111105 1583.8 1749.1 1790.9 1848.4 1827.4 1824.1 1859.6 1882.6 1890.4 5
Nonfinancial noncorporate business; rental income of persons with CCAdj FA116112101 756.1 814.2 878.3 967.3 945.8 961.1 974.4 988.1 1023.2 6
Corporate business; corporate profits before tax including IVA and CCAdj FA096060035 2383.3 2922.8 3208.7 3258 3165.1 3172.1 3280.7 3414.2 3393.1 7
Corporate business; corporate profits before tax with IVA excluding CCAdj FA096060025 2478.2 2992.1 3426.7 3599.3 3502.8 3513.6 3620.1 3760.7 3822.4 8
Corporate business; corporate profits before tax excluding IVA and CCAdj FA096060005 2494.9 3249.1 3523 3559.7 3457.6 3473.1 3600.6 3707.4 3833.2 9
Nonfinancial corporate business; corporate profits before tax excluding IVA and CCAdj FA106060005 1510.7 2234 2451.5 2492.1 2373.9 2422.1 2531.6 2640.8 2665.7 10
Domestic financial sectors; corporate profits before tax excluding IVA and CCAdj FA796060005 535.9 581.5 598.6 556.8 591.7 537 546.1 552.7 634.3 11
Rest of the world; corporate profits before tax excluding IVA and CCAdj FA266060005 448.3 433.6 472.8 510.7 492 514.1 522.9 514 533.3 12
Corporate business; taxes on corporate income (accrual basis) FA096231001 307.5 404.6 542.4 585.2 576.5 570.3 582.8 611.1 638.6 13
Nonfinancial corporate business; taxes on corporate income FA106231005 208.6 298 416.9 446.7 437.4 430.4 441.3 477.8 479.6 14
Domestic financial sectors; taxes on corporate income FA796231003 98.9 106.6 125.5 138.5 139.1 139.9 141.5 133.3 159 15
Corporate business; corporate profits after tax excluding IVA and CCAdj FA096060015 2187.4 2844.5 2980.5 2974.5 2881 2902.9 3017.8 3096.3 3194.6 16
Corporate business; net dividends paid FA096121073 1496.7 1814.7 1887.3 1848.8 1840.2 1855.8 1837.6 1861.4 1893.6 17
Nonfinancial corporate business; net dividends paid FA106121075 832.6 1109.6 1233.3 1086.5 1076 1097.4 1044.4 1128.1 1069.4 18
Domestic financial sectors; net dividends paid FA796121073 339.2 370.3 319.3 348.7 335.6 351.6 346.5 361 339.7 19
Rest of the world; net dividends paid FA266121073 324.9 334.9 334.7 413.6 428.6 406.8 446.7 372.3 484.5 20
Corporate business; undistributed corporate profits excluding IVA and CCAdj FA096006401 690.7 1029.8 1093.3 1125.8 1040.8 1047.1 1180.2 1234.9 1301 21
Nonfinancial corporate business; undistributed corporate profits excluding IVA and CCAdj FA106006405 469.4 826.5 801.4 958.9 860.4 894.3 1045.9 1034.9 1116.6 22
Domestic financial sectors; undistributed corporate profits excluding CCAdj FA796006403 97.9 104.6 153.8 69.7 117 45.5 58.1 58.3 135.5 23
Rest of the world; undistributed corporate profits FA266006403 123.4 98.8 138.2 97.2 63.4 107.3 76.2 141.7 48.8 24
Nonfinancial corporate business; inventory valuation adjustment (IVA) FA105020601 -16.7 -257.1 -96.2 39.6 45.3 40.5 19.5 53.3 -10.8 25
Corporate business; capital consumption adjustment (CCADj) FA096310003 -94.9 -69.3 -218 -341.3 -337.7 -341.5 -339.4 -346.4 -429.3 26
Nonfinancial corporate business; capital consumption adjustment (CCADj) FA106310005 -27.6 -7 -137.7 -247.5 -243.8 -248.1 -245.8 -252.3 -327.3 27
Domestic financial sectors; capital consumption adjustment (CCAdj) FA796310003 -67.3 -62.3 -80.3 -93.8 -94 -93.4 -93.6 -94.2 -102 28
National income; net interest and miscellaneous payments FA086130003 529.3 504.6 457.4 185.4 307.8 212.4 105.7 115.8 114.4 29
General government; taxes on production and imports, receivable (IMA) FA366240005 1520.5 1671.9 1810.2 1832.6 1831.1 1821.6 1830.7 1847.2 1855.2 30
General government; subsidies paid FA366402005 656.9 482.7 127.4 101.1 101.4 99.9 103.1 100 97.2 31
Nonfinancial business; other current transfers paid FA146403005 145 189 216.8 214.5 203.1 206.4 216.7 231.7 277.8 32
Households and nonprofit organizations; other current transfers received (IMA) FA156403101 47.2 87.7 99.1 104.3 100.9 102.8 105.9 107.5 113.8 33
General government; other current transfers received from business FA366403145 96.9 102.4 115.2 115.4 108.7 108.4 114.9 129.6 167.2 34
Rest of the world; other current transfers received FA266403101 0.9 -1.1 2.5 -5.2 -6.6 -4.9 -4.1 -5.5 -3.3 35
General government; operating surplus, net FA366402105 -1.8 -5 4.4 -9.7 -7.1 -10 -11.2 -10.3 -9.9 36
U.S. national income FA086010005 17854 19909.7 21678.4 22429.6 22136.9 22241.8 22522.2 22817.5 23094.8 37
Private domestic sectors; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA836300005 3007.7 3214.3 3577.6 3822.1 3753.3 3797.3 3844.5 3893 3929.4 38
General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA366300005 617.8 659 722.3 763.7 754.1 759.7 766.9 774.2 782.5 39
Gross domestic product (GDP); statistical discrepancy (calculated from components) FA087005005 58.2 -5.5 -52.3 509.7 328.2 437.3 640.5 633 620.8 40
Rest of the world; net income payments to the U.S. FA266904005 214.8 183.5 181.9 164.2 158.9 173.1 164.1 160.8 171.6 41
Gross domestic product (GDP); sum of pieces (2) FA086902005 21323 23594 25744.1 27360.9 26813.6 27063 27610.1 27957 28255.9 42

NOTES

  1. This table corresponds to NIPA table 1.12 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
  2. 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: June 7, 2024