[Economic Report of the President (1999)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



NATIONAL INCOME OR EXPENDITURE


[[Page 356]]


Table B-26.--Relation of gross domestic product, gross national product, net national product, and
national income, 1959-98
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Plus:                        Less: Consumption of fixed                           Less:
Receipts    Less:                        capital                     ----------------------------------    Plus:
of    Payments           ------------------------------                                              Subsidies
Gross    factor       of     Equals:                                 Equals:   Indirect                             less      Equals:
Year or      domestic   income    factor     Gross                                    Net     business  Business                 current    National
quarter       product    from     income   national                                national   tax and   transfer  Statistical   surplus of   income
rest of  to  rest   product   Total   Private  Government   product    nontax   payments  discrepancy   government
the     of  the                                                    liability                         enterprises
world     world
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959...........     507.2       4.3       1.5     510.1     54.6     40.5       14.1      455.5      41.9        1.4       -1.6           0.1      413.9

1960...........     526.6       5.0       1.8     529.8     56.6     42.1       14.5      473.2      45.5        1.4       -3.2            .3      429.8
1961...........     544.8       5.4       1.8     548.4     58.1     43.1       15.0      490.3      48.1        1.5       -2.8           1.3      444.8
1962...........     585.2       6.1       1.8     589.4     60.4     44.6       15.8      529.0      51.7        1.6       -1.8           1.5      479.0
1963...........     617.4       6.6       2.1     621.9     63.0     46.3       16.7      559.0      54.7        1.8       -3.0            .9      506.3
1964...........     663.0       7.4       2.4     668.0     66.0     48.6       17.4      602.1      58.8        2.0       -1.5           1.4      544.1
1965...........     719.1       8.1       2.7     724.5     70.2     52.0       18.2      654.3      62.7        2.2        -.8           1.7      592.0
1966...........     787.8       8.3       3.1     793.0     75.9     56.6       19.3      717.1      65.4        2.3        3.3           3.0      648.9
1967...........     833.6       8.9       3.4     839.1     82.3     61.5       20.8      756.7      70.4        2.5        1.3           2.9      685.5
1968...........     910.6      10.3       4.1     916.7     89.8     67.3       22.4      827.0      79.0        2.8         .9           3.1      747.3
1969...........     982.2      11.9       5.8     988.4     98.3     74.3       24.1      890.0      86.6        3.1       -1.5           3.6      805.4

1970...........   1,035.6      13.0       6.6   1,042.0    107.0     81.2       25.8      935.0      94.3        3.2        1.9           4.9      840.6
1971...........   1,125.4      14.1       6.4   1,133.1    116.5     88.9       27.6    1,016.6     103.6        3.4        6.1           5.1      908.6
1972...........   1,237.3      16.4       7.7   1,246.0    127.6     97.8       29.9    1,118.3     111.4        3.9        4.3           6.4    1,005.3
1973...........   1,382.6      23.8      11.1   1,395.4    140.0    107.1       32.9    1,255.4     121.0        4.5        3.4           5.9    1,132.3
1974...........   1,496.9      30.3      14.6   1,512.6    162.5    124.5       38.0    1,350.0     129.3        5.0        5.5           4.5    1,214.9
1975...........   1,630.6      28.2      14.9   1,643.9    188.7    146.3       42.4    1,455.2     140.0        5.2       12.1           8.1    1,305.9
1976...........   1,819.0      32.9      15.7   1,836.1    206.0    161.3       44.7    1,630.0     151.6        6.5       19.9           7.4    1,459.4
1977...........   2,026.9      37.9      17.2   2,047.5    228.6    181.0       47.6    1,818.9     165.5        7.3       18.2          10.1    1,638.0
1978...........   2,291.4      47.4      25.3   2,313.5    258.3    206.8       51.5    2,055.2     177.8        8.2       18.1          11.1    1,862.3
1979...........   2,557.5      70.4      37.5   2,590.4    296.7    239.9       56.8    2,293.6     188.7        9.9       28.2          11.7    2,078.5

1980...........   2,784.2      81.8      46.5   2,819.5    339.4    276.0       63.4    2,480.1     212.0       11.2       27.6          15.2    2,244.5
1981...........   3,115.9      95.6      60.9   3,150.6    388.5    318.0       70.4    2,762.1     249.3       13.4       14.9          16.9    2,501.4
1982...........   3,242.1      96.9      65.8   3,273.2    424.3    346.2       78.1    2,848.9     256.4       15.2       -2.5          21.1    2,600.8
1983...........   3,514.5      97.6      65.6   3,546.5    445.3    365.2       80.1    3,101.3     280.1       16.2       37.1          25.6    2,793.3
1984...........   3,902.4     118.7      87.6   3,933.5    461.5    378.4       83.1    3,472.0     309.5       18.6        5.0          25.5    3,164.4
1985...........   4,180.7     108.1      87.7   4,201.0    486.6    399.5       87.1    3,714.5     329.6       20.9        2.4          21.9    3,383.4
1986...........   4,422.2     106.5      93.6   4,435.1    517.9    424.4       93.5    3,917.2     344.7       23.9       23.3          25.1    3,550.3
1987...........   4,692.3     116.0     107.1   4,701.3    545.8    447.0       98.7    4,155.5     364.8       24.2      -15.4          31.0    3,813.0
1988...........   5,049.6     144.7     131.7   5,062.6    582.2    478.0      104.2    4,480.5     385.5       25.4      -47.3          28.5    4,145.3
1989...........   5,438.7     169.0     154.8   5,452.8    625.4    515.1      110.3    4,827.4     414.7       26.3       13.2          24.2    4,397.3

1990...........   5,743.8     177.5     156.4   5,764.9    651.5    534.3      117.3    5,113.4     442.6       26.5       17.4          25.3    4,652.1
1991...........   5,916.7     156.2     140.5   5,932.4    679.9    556.4      123.5    5,252.5     478.1       26.3       10.1          23.6    4,761.6
1992...........   6,244.4     137.9     126.8   6,255.5    713.5    585.4      128.2    5,542.0     505.6       28.4       44.8          27.1    4,990.4
1993...........   6,558.1     150.8     132.1   6,576.8    727.9    594.5      133.4    5,848.9     532.5       28.2       52.6          31.1    5,266.8
1994...........   6,947.0     176.5     168.3   6,955.2    777.5    638.6      138.8    6,177.7     568.5       30.5       14.6          26.6    5,590.7
1995...........   7,269.6     225.2     207.6   7,287.1    800.8    657.0      143.8    6,486.3     581.2       32.9      -26.5          25.1    5,923.7
1996...........   7,661.6     235.5     223.1   7,674.0    832.0    684.3      147.7    6,842.0     606.4       33.8      -32.2          22.0    6,256.0
1997...........   8,110.9     265.5     273.5   8,102.9    871.8    720.2      151.6    7,231.1     627.2       35.1      -55.8          21.9    6,646.5

1993:I.........   6,444.5     145.6     122.1   6,468.1    721.8    590.5      131.3    5,746.2     520.6       27.8       71.0          33.0    5,159.8
II.........   6,509.1     148.9     132.7   6,525.3    720.7    588.1      132.7    5,804.6     525.9       27.7       46.9          32.8    5,236.9
III........   6,574.6     153.2     130.9   6,596.9    735.3    601.1      134.2    5,861.5     534.4       28.2       47.5          30.2    5,281.7
IV.........   6,704.2     155.6     142.7   6,717.1    733.6    598.1      135.5    5,983.5     549.4       29.0       45.0          28.5    5,388.7

1994:I.........   6,794.3     161.1     144.2   6,811.2    823.3    685.2      138.1    5,987.9     556.9       29.7        6.3          28.1    5,423.2
II.........   6,911.4     168.3     159.3   6,920.3    753.1    614.9      138.1    6,167.3     564.4       30.1       42.4          25.9    5,556.3
III........   6,986.5     181.9     176.1   6,992.3    762.2    623.3      138.9    6,230.1     573.2       30.7       15.2          25.1    5,636.1
IV.........   7,095.7     194.6     193.5   7,096.8    771.4    631.2      140.2    6,325.4     579.4       31.5       -5.4          27.4    5,747.3

1995:I.........   7,170.8     216.9     198.4   7,189.3    783.1    641.2      142.0    6,406.2     579.1       32.5        3.1          24.6    5,816.1
II.........   7,210.9     227.4     205.0   7,233.3    794.4    651.1      143.3    6,438.9     580.6       32.6      -22.7          24.9    5,873.3
III........   7,304.8     224.6     216.2   7,313.2    803.5    659.2      144.3    6,509.7     579.6       33.3      -43.0          25.5    5,965.3
IV.........   7,391.9     231.6     210.9   7,412.6    822.2    676.4      145.7    6,590.5     585.6       33.4      -43.2          25.2    6,039.8

1996:I.........   7,495.3     229.7     210.0   7,515.0    818.6    672.2      146.4    6,696.4     593.9       33.2      -26.3          24.0    6,119.6
II.........   7,629.2     229.3     215.2   7,643.3    826.4    679.2      147.2    6,816.9     599.7       33.7      -20.6          22.8    6,226.8
III........   7,703.4     234.7     229.5   7,708.6    836.5    688.5      148.0    6,872.1     603.8       33.9      -49.3          20.0    6,303.6
IV.........   7,818.4     248.2     237.6   7,829.0    846.4    697.3      149.2    6,982.6     628.3       34.2      -32.6          21.2    6,373.9

1997:I.........   7,955.0     253.1     255.6   7,952.4    856.1    705.8      150.3    7,096.3     617.2       34.5      -43.1          21.3    6,509.0
II.........   8,063.4     268.3     269.4   8,062.3    866.5    714.9      151.6    7,195.8     625.0       35.0      -47.7          21.0    6,604.5
III........   8,170.8     274.3     283.0   8,162.0    877.0    725.2      151.8    7,285.1     632.0       35.4      -65.1          22.0    6,704.8
IV.........   8,254.5     266.3     285.9   8,234.9    887.6    734.7      152.9    7,347.3     634.5       35.6      -67.3          23.4    6,767.9

1998:I.........   8,384.2     270.3     285.1   8,369.4    894.5    741.1      153.4    7,474.9     641.9       35.6      -54.1          23.5    6,875.0
II.........   8,440.6     270.6     289.3   8,421.8    902.3    748.5      153.7    7,519.6     647.7       36.0      -85.7          23.9    6,945.5
III........   8,537.9     265.0     292.1   8,510.9    912.3    757.3      155.0    7,598.5     656.5       36.3     -102.0          24.6    7,032.3
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Source: Department of Commerce, Bureau of Economic Analysis.