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Table 33. Gross domestic product, state and local expenditures, national income, personal income, disposable personal income, median family income, and population: Selected years, 1929 through 2011
Year Gross domestic product (in billions) State and local direct general expenditures (in millions)1 National income (in billions) Personal income (in billions) Disposable personal income (in billions of chained 2005 dollars)2 Disposable personal income per capita Median family income Population (in thousands)
Current dollars Chained 2005 dol-
lars2
All direct general expendi-
tures
Education expendi-
tures
Current dollars Chained 2005 dollars2 Midyear data3 Resident as of July 14
1 2 3 4 5 6 7 8 9 10 11 12 13
1929 $103.6 $976.1 $93.9 $84.9 $791.6 $683 $6,495 121,878 121,767
1939 92.2 1,071.9 82.0 72.9 861.0 545 6,571 131,028 130,880
1940 101.4 1,165.9 $9,229 $2,638 90.9 78.4 918.2 581 6,950 132,122 132,122
1950 293.7 2,004.2 22,787 7,177 263.9 228.9 1,400.9 1,384 9,236 $3,319 151,684 152,271
1960 526.4 2,828.5 51,876 18,719 473.9 411.3 1,963.1 2,020 10,860 5,620 180,760 180,671
                         
1970 1,038.3 4,266.3 131,332 52,718 929.5 838.6 3,107.3 3,586 15,151 9,867 205,089 205,052
1971 1,126.8 4,409.5 150,674 59,413 1,005.6 903.1 3,247.7 3,859 15,637 10,285 207,692 207,661
1972 1,237.9 4,643.8 168,550 65,814 1,110.3 992.6 3,405.2 4,140 16,221 11,116 209,924 209,896
1973 1,382.3 4,912.8 181,357 69,714 1,246.1 1,110.5 3,636.6 4,615 17,159 12,051 211,939 211,909
1974 1,499.5 4,885.7 198,959 75,833 1,341.5 1,222.7 3,608.6 5,010 16,871 12,902 213,898 213,854
                         
1975 1,637.7 4,875.4 230,721 87,858 1,444.0 1,334.9 3,689.5 5,497 17,083 13,719 215,981 215,973
1976 1,824.6 5,136.9 256,731 97,216 1,609.8 1,474.7 3,836.6 5,972 17,592 14,958 218,086 218,035
1977 2,030.1 5,373.1 274,215 102,780 1,797.4 1,632.5 3,969.0 6,514 18,017 16,009 220,289 220,239
1978 2,293.8 5,672.8 296,984 110,758 2,027.9 1,836.7 4,154.6 7,220 18,662 17,640 222,629 222,585
1979 2,562.2 5,850.1 327,517 119,448 2,248.3 2,059.5 4,251.9 7,956 18,888 19,587 225,106 225,055
                         
1980 2,788.1 5,834.0 369,086 133,211 2,433.0 2,301.5 4,293.7 8,794 18,855 21,023 227,726 227,225
1981 3,126.8 5,982.1 407,449 145,784 2,729.8 2,582.3 4,407.9 9,726 19,164 22,388 230,008 229,466
1982 3,253.2 5,865.9 436,733 154,282 2,851.4 2,766.8 4,504.4 10,390 19,397 23,433 232,218 231,664
1983 3,534.6 6,130.9 466,516 163,876 3,070.9 2,952.2 4,653.5 11,095 19,859 24,674 234,333 233,792
1984 3,930.9 6,571.5 505,008 176,108 3,461.3 3,268.9 4,986.9 12,232 21,096 26,433 236,394 235,825
                         
1985 4,217.5 6,843.4 553,899 192,686 3,696.3 3,496.7 5,142.4 12,911 21,561 27,735 238,506 237,924
1986 4,460.1 7,080.5 605,623 210,819 3,871.5 3,696.0 5,312.6 13,540 22,073 29,458 240,683 240,133
1987 4,736.4 7,307.0 657,134 226,619 4,150.0 3,924.4 5,399.9 14,146 22,236 30,970 242,843 242,289
1988 5,100.4 7,607.4 704,921 242,683 4,522.3 4,231.2 5,633.0 15,206 22,986 32,191 245,061 244,499
1989 5,482.1 7,879.2 762,360 263,898 4,800.5 4,557.5 5,782.5 16,134 23,374 34,213 247,387 246,819
                         
1990 5,800.5 8,027.1 834,818 288,148 5,059.5 4,846.7 5,893.6 17,004 23,557 35,353 250,181 249,623
1991 5,992.1 8,008.3 908,108 309,302 5,217.9 5,031.5 5,943.2 17,532 23,442 35,939 253,530 252,981
1992 6,342.3 8,280.0 981,253 324,652 5,517.1 5,347.3 6,152.5 18,436 23,947 36,573 256,922 256,514
1993 6,667.4 8,516.2 1,033,167 342,287 5,784.7 5,568.1 6,255.3 18,909 24,033 36,959 260,282 259,919
1994 7,085.2 8,863.1 1,077,665 353,287 6,181.3 5,874.8 6,456.0 19,678 24,505 38,782 263,455 263,126
                         
1995 7,414.7 9,086.0 1,146,188 378,273 6,522.3 6,200.9 6,648.6 20,470 24,939 40,611 266,588 266,278
1996 7,838.5 9,425.8 1,189,356 398,859 6,931.7 6,591.6 6,867.8 21,355 25,463 42,300 269,714 269,394
1997 8,332.4 9,845.9 1,247,436 419,053 7,406.0 7,000.7 7,110.4 22,255 26,049 44,568 272,958 272,647
1998 8,793.5 10,274.7 1,314,496 450,365 7,875.6 7,525.4 7,535.4 23,534 27,287 46,737 276,154 275,854
1999 9,353.5 10,770.7 1,398,533 483,259 8,358.0 7,910.8 7,763.1 24,356 27,792 48,950 279,328 279,040
                         
2000 9,951.5 11,216.4 1,502,768 521,612 8,938.9 8,559.4 8,157.8 25,946 28,888 50,732 282,398 282,162
2001 10,286.2 11,337.5 1,621,757 563,572 9,185.2 8,883.3 8,356.2 26,816 29,297 51,407 285,225 284,969
2002 10,642.3 11,543.1 1,732,478 594,694 9,408.5 9,060.1 8,633.2 27,816 29,981 51,680 287,955 287,625
2003 11,142.2 11,836.4 1,817,513 621,335 9,840.2 9,378.1 8,850.5 28,827 30,453 52,680 290,626 290,108
2004 11,853.3 12,246.9 1,903,915 655,182 10,534.0 9,937.2 9,152.9 30,312 31,211 54,061 293,262 292,805
                         
2005 12,623.0 12,623.0 2,007,490 688,314 11,273.8 10,485.9 9,277.3 31,343 31,343 56,194 295,993 295,517
2006 13,377.2 12,958.5 2,117,161 728,917 12,031.2 11,268.1 9,652.8 33,183 32,303 58,407 298,818 298,380
2007 14,028.7 13,206.4 2,255,229 773,676 12,396.4 11,912.3 9,880.3 34,550 32,749 61,355 301,696 301,231
2008 14,291.5 13,161.9 2,401,417 826,061 12,609.1 12,460.2 10,119.5 36,200 33,229 61,521 304,543 304,094
2009 13,973.7 12,757.9 2,496,365 852,172 12,132.6 11,867.0 9,836.7 34,899 32,016 60,088 307,240 306,772
                         
2010 14,498.9 13,063.0 2,538,114 859,965 12,811.4 12,321.9 10,016.5 35,920 32,335 60,236 309,774 309,330
2011 15,075.7 13,299.1 13,358.9 12,947.3 10,149.7 37,012 32,527 60,974 312,040 311,592
—Not available.
1 Data for years prior to 1963 include expenditures for government fiscal years ending during that particular calendar year. Data for 1963 and later years are the aggregations of expenditures for government fiscal years that ended on June 30 of the stated year. General expenditures exclude expenditures of publicly owned utilities and liquor stores, and of insurance-trust activities. Intergovernmental payments between state and local governments are excluded. Payments to the federal government are included.
2 Constant dollars based on a chain-price index, which uses the geometric mean of output weights of adjacent time periods compiled over a time series. Chain-price indexes reflect changes in prices, while implicit price deflators reflect both changes in prices and in the composition of output. More information is available at https://www.bea.gov/scb/account_articles/national/0597od/maintext.htm.
3 Population of the United States including Armed Forces overseas. Includes Alaska and Hawaii beginning in 1960.
4 Resident population of the United States. Includes Alaska and Hawaii beginning in 1958. Data for 1990 and later years include revisions based on the 2000 census. Excludes overseas armed forces personnel.
NOTE: Gross domestic product (GDP) data are adjusted by the GDP chained weight price deflator. Personal income data are adjusted by the personal consumption deflator. Some data have been revised from previously published figures.
SOURCE: U.S. Department of Commerce, Census Bureau, Current Population Reports, Income, Poverty, and Health Insurance in the United States, retrieved January 10, 2013, from http://www.census.gov/hhes/www/income/data/historical/families/; Population Estimates, retrieved August 14, 2012, from http://www.census.gov/popest/data/national/asrh/2011/index.html; and State and Local Government Finances, retrieved January 10, 2013, from http://www.census.gov/govs/estimate/. U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts Tables, retrieved January 10, 2013, from http://www.bea.gov/iTable/index_nipa.cfm. (This table was prepared January 2013.)
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National Center for Education Statistics - http://nces.ed.gov
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