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Digest of Education Statistics
2014 Tables and Figures All Years of Tables and Figures Most Recent Full Issue of the Digest


Table 106.60. Gross domestic product, state and local expenditures, national income, personal income, disposable personal income, median family income, and population: Selected years, 1929 through 2014
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 2009 dollars)2 Disposable personal income per capita Median family income Population (in thousands)
Current dollars Chained 2009 dollars2 All direct general expenditures Education expenditures Current dollars Chained 2009 dollars2 Current dollars Constant 2013 dollars3 Midyear data4 Resident as of July 15
1 2 3 4 5 6 7 8 9 10 11 12 13 14
1929 $104.6 $1,056.6 $94.2 $85.3 $843.0 $685 $6,917 121,878 121,767
1939 93.5 1,163.6 82.5 73.6 923.2 551 7,046 131,028 130,880
1940 102.9 1,266.1 $9,229 $2,638 91.6 79.4 986.2 588 7,464 132,122 132,122
1950 300.2 2,184.0 22,787 7,177 267.0 233.9 1,521.9 1,417 10,033 $3,319 151,684 152,271
1960 543.3 3,108.7 51,876 18,719 479.9 422.5 2,146.9 2,083 11,877 5,620 $38,684 180,760 180,671
                           
1970 1,075.9 4,722.0 131,332 52,718 940.1 864.6 3,413.2 3,713 16,643 9,867 52,825 205,089 205,052
1971 1,167.8 4,877.6 150,674 59,413 1,017.0 932.1 3,570.4 3,998 17,191 10,285 52,751 207,692 207,661
1972 1,282.4 5,134.3 168,550 65,814 1,123.0 1,023.6 3,741.2 4,287 17,821 11,116 55,353 209,924 209,896
1973 1,428.5 5,424.1 181,357 69,714 1,257.0 1,138.5 3,968.6 4,747 18,725 12,051 56,475 211,939 211,909
1974 1,548.8 5,396.0 198,959 75,833 1,350.8 1,249.3 3,923.6 5,135 18,343 12,902 54,966 213,898 213,854
                           
1975 1,688.9 5,385.4 230,721 87,858 1,451.1 1,366.9 4,020.0 5,645 18,613 13,719 54,008 215,981 215,973
1976 1,877.6 5,675.4 256,731 97,216 1,614.8 1,498.1 4,144.0 6,079 19,002 14,958 55,682 218,086 218,035
1977 2,086.0 5,937.0 274,215 102,780 1,798.7 1,654.2 4,274.8 6,613 19,406 16,009 56,056 220,289 220,239
1978 2,356.6 6,267.2 296,984 110,758 2,029.9 1,859.5 4,470.5 7,322 20,080 17,640 57,803 222,629 222,585
1979 2,632.1 6,466.2 327,517 119,448 2,248.2 2,077.9 4,557.8 8,037 20,248 19,587 58,573 225,106 225,055
                           
1980 2,862.5 6,450.4 369,086 133,211 2,426.8 2,316.8 4,590.5 8,861 20,158 21,023 56,585 227,726 227,225
1981 3,211.0 6,617.7 407,449 145,784 2,722.1 2,595.9 4,705.6 9,785 20,458 22,388 55,021 230,008 229,466
1982 3,345.0 6,491.3 436,733 154,282 2,840.4 2,778.8 4,803.3 10,442 20,685 23,433 54,312 232,218 231,664
1983 3,638.1 6,792.0 466,516 163,876 3,060.5 2,969.7 4,971.0 11,170 21,214 24,580 54,638 234,333 233,792
1984 4,040.7 7,285.0 505,008 176,108 3,444.0 3,281.3 5,314.0 12,284 22,480 26,433 56,447 236,394 235,825
                           
1985 4,346.7 7,593.8 553,899 192,686 3,684.2 3,515.9 5,476.2 12,991 22,960 27,735 57,261 238,506 237,924
1986 4,590.2 7,860.5 605,623 210,819 3,848.2 3,725.1 5,687.8 13,661 23,632 29,458 59,737 240,683 240,133
1987 4,870.2 8,132.6 657,134 226,619 4,119.2 3,955.3 5,811.0 14,274 23,929 30,970 60,750 242,843 242,289
1988 5,252.6 8,474.5 704,921 242,683 4,493.4 4,275.3 6,083.9 15,386 24,826 32,191 60,910 245,061 244,499
1989 5,657.7 8,786.4 762,360 263,898 4,782.2 4,618.2 6,268.7 16,380 25,340 34,213 62,059 247,387 246,819
                           
1990 5,979.6 8,955.0 834,818 288,148 5,036.1 4,904.5 6,393.5 17,235 25,555 35,353 61,082 250,181 249,623
1991 6,174.0 8,948.4 908,108 309,302 5,186.1 5,071.1 6,438.4 17,688 25,395 35,939 59,945 253,530 252,981
1992 6,539.3 9,266.6 981,253 324,652 5,499.7 5,410.8 6,714.2 18,684 26,133 36,573 59,494 256,922 256,514
1993 6,878.7 9,521.0 1,033,167 342,287 5,754.8 5,646.8 6,823.6 19,211 26,216 36,959 58,671 260,282 259,919
1994 7,308.8 9,905.4 1,077,665 353,287 6,140.2 5,934.7 7,010.7 19,906 26,611 38,782 60,279 263,455 263,126
                           
1995 7,664.1 10,174.8 1,146,188 378,273 6,479.5 6,276.5 7,245.8 20,753 27,180 40,611 61,637 266,588 266,278
1996 8,100.2 10,561.0 1,189,356 398,859 6,899.4 6,661.9 7,476.1 21,615 27,719 42,300 62,536 269,714 269,394
1997 8,608.5 11,034.9 1,247,436 419,053 7,380.4 7,075.0 7,751.3 22,527 28,397 44,568 64,495 272,958 272,647
1998 9,089.2 11,525.9 1,314,496 450,365 7,857.3 7,587.7 8,208.1 23,759 29,723 46,737 66,703 276,154 275,854
1999 9,660.6 12,065.9 1,398,533 483,259 8,324.4 7,983.8 8,477.7 24,617 30,350 48,831 68,268 279,328 279,040
                           
2000 10,284.8 12,559.7 1,502,768 521,612 8,907.0 8,632.8 8,902.2 26,206 31,524 50,732 68,626 282,398 282,162
2001 10,621.8 12,682.2 1,621,757 563,572 9,184.6 8,987.1 9,148.7 27,179 32,075 51,407 67,640 285,225 284,969
2002 10,977.5 12,908.8 1,732,478 594,694 9,436.8 9,149.5 9,431.6 28,127 32,754 51,680 66,918 287,955 287,625
2003 11,510.7 13,271.1 1,817,513 621,335 9,864.2 9,486.6 9,690.1 29,198 33,342 52,680 66,723 290,626 290,108
2004 12,274.9 13,773.5 1,903,915 655,182 10,540.9 10,048.3 10,035.7 30,697 34,221 54,061 66,670 293,262 292,805
                           
2005 13,093.7 14,234.2 2,007,490 688,314 11,239.8 10,609.3 10,189.4 31,760 34,424 56,194 67,053 295,993 295,517
2006 13,855.9 14,613.8 2,117,161 728,917 12,004.8 11,389.0 10,595.4 33,589 35,458 58,407 67,481 298,818 298,380
2007 14,477.6 14,873.7 2,259,364 774,170 12,321.4 11,994.9 10,820.6 34,826 35,866 61,355 68,931 301,696 301,231
2008 14,718.6 14,830.4 2,401,417 826,061 12,427.8 12,429.6 10,987.3 36,101 36,078 61,521 66,560 304,543 304,094
2009 14,418.7 14,418.7 2,495,901 851,689 12,126.1 12,087.5 10,942.5 35,616 35,616 60,088 65,257 307,240 306,772
                           
2010 14,964.4 14,783.8 2,537,892 860,118 12,739.5 12,429.3 11,055.1 36,274 35,684 60,236 64,356 309,808 309,326
2011 15,517.9 15,020.6 2,579,509 862,271 13,352.3 13,202.0 11,331.2 37,804 36,298 60,974 63,152 312,172 311,583
2012 16,163.2 15,369.2 2,587,317 869,196 14,069.5 13,887.7 11,676.2 39,377 37,126 62,241 63,145 314,499 313,874
2013 16,768.1 15,710.3 14,577.1 14,166.9 11,650.8 39,468 36,772 63,815 63,815 316,839 316,129
2014 17,418.9 16,085.6 15,076.5 14,733.9 11,943.3 40,699 37,420 319,173
—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 Data adjusted by the CPU-RS, which is a price index of inflation that incorporates most of the improvements in methodology made to the current CPI-U since 1978 into a single, uniform series. See Census Bureau, Money Income in the United States: 1999 (www.census.gov/prod/2000pubs/p60-209.pdf).
4 Population of the United States including armed forces overseas. Includes Alaska and Hawaii beginning in 1960.
5 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 Survey, Income, retrieved June 2, 2015, from http://www.census.gov/hhes/www/income/data/historical/families/; Population Estimates, retrieved June 2, 2015, from http://www.census.gov/popest/data/historical/2010s/vintage_2013/national.html; and State and Local Government Finances, retrieved June 2, 2015, from http://www.census.gov/govs/local/. U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts Tables, retrieved June 2, 2015, from http://www.bea.gov/iTable/index_nipa.cfm. (This table was prepared June 2015.)

2014 Tables and Figures All Years of Tables and Figures Most Recent Full Issue of the Digest