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Digest of Education Statistics
2021 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 2020
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 2012 dollars)2  Disposable personal income per capita Median family income Population (in thousands)
Current dollars Chained 2012 dol- lars2  All direct general expendi- tures Education expendi- tures Current dollars Chained 2012 dol- lars2  Current dollars Constant 2020 dol-lars3  Midyear data4  Resident as of July 15 
1 2 3 4 5 6 7 8 9 10 11 12 13 14
1929 $104.6 $1,110.2 --- --- $94.2 $85.3 $897.1 $686 $7,361 --- --- 121,878 121,767
1939 93.4 1,223.2 --- --- 82.4 73.6 982.2 551 7,496 --- --- 131,028 130,880
1940 102.9 1,331.1 $9,229 $2,638 91.5 79.4 1,049.3 588 7,942 --- --- 132,122 132,122
1950 299.8 2,291.1 22,787 7,177 266.6 233.7 1,617.9 1,416 10,666 --- --- 151,684 152,271
1960 542.4 3,262.1 51,876 18,719 478.9 422.1 2,282.9 2,080 12,629 $5,620 $43,106 180,760 180,671

1970
1,073.3 4,954.4 131,332 52,718 937.5 865.0 3,637.0 3,715 17,734 9,867 58,862 205,089 205,052
1971 1,164.9 5,117.6 150,674 59,413 1,014.0 932.8 3,805.2 4,002 18,321 10,285 58,780 207,692 207,661
1972 1,279.1 5,386.7 168,550 65,814 1,119.5 1,024.5 3,988.4 4,291 18,999 11,116 61,680 209,924 209,896
1973 1,425.4 5,690.9 181,357 69,714 1,253.2 1,140.8 4,236.5 4,758 19,989 12,051 62,929 211,939 211,909
1974 1,545.2 5,660.1 198,959 75,833 1,346.4 1,251.8 4,188.7 5,146 19,583 12,902 61,248 213,898 213,854

1975
1,684.9 5,648.5 230,721 87,858 1,446.0 1,369.4 4,291.4 5,657 19,869 13,719 60,180 215,981 215,973
1976 1,873.4 5,952.8 256,731 97,216 1,609.4 1,502.6 4,428.5 6,098 20,306 14,958 62,046 218,086 218,035
1977 2,081.8 6,228.1 274,215 102,780 1,792.8 1,659.2 4,568.8 6,634 20,740 16,009 62,463 220,289 220,239
1978 2,351.6 6,572.8 296,984 110,758 2,022.7 1,863.7 4,776.4 7,340 21,455 17,640 64,410 222,629 222,585
1979 2,627.3 6,780.9 327,517 119,448 2,240.3 2,082.7 4,869.1 8,057 21,630 19,587 65,324 225,106 225,055

1980
2,857.3 6,763.5 369,086 133,211 2,418.6 2,323.6 4,905.6 8,888 21,542 21,023 63,052 227,726 227,225
1981 3,207.0 6,935.2 407,449 145,784 2,714.7 2,605.1 5,025.4 9,823 21,849 22,388 61,354 230,008 229,466
1982 3,343.8 6,810.1 436,733 154,282 2,834.5 2,791.6 5,135.0 10,494 22,113 23,433 60,560 232,218 231,664
1983 3,634.0 7,122.3 466,516 163,876 3,051.5 2,981.1 5,312.2 11,216 22,669 24,580 60,923 234,333 233,792
1984 4,037.6 7,637.7 505,008 176,108 3,433.9 3,292.7 5,677.1 12,330 24,016 26,433 62,898 236,394 235,825

1985
4,339.0 7,956.2 553,899 192,686 3,669.9 3,524.9 5,847.6 13,027 24,518 27,735 63,806 238,506 237,924
1986 4,579.6 8,231.7 605,623 210,819 3,831.2 3,733.1 6,069.8 13,691 25,219 29,458 66,604 240,683 240,133
1987 4,855.2 8,516.4 657,134 226,619 4,098.5 3,961.6 6,204.1 14,297 25,548 30,970 67,694 242,843 242,289
1988 5,236.4 8,872.2 704,921 242,683 4,471.6 4,283.4 6,496.0 15,414 26,508 32,191 67,909 245,061 244,499
1989 5,641.6 9,198.0 762,360 263,898 4,760.1 4,625.6 6,686.2 16,403 27,027 34,213 69,152 247,387 246,819

1990
5,963.1 9,371.5 834,818 288,148 5,013.8 4,913.8 6,817.4 17,264 27,250 35,353 68,098 250,181 249,623
1991 6,158.1 9,361.3 908,108 309,302 5,164.4 5,084.9 6,867.0 17,734 27,086 35,939 66,796 253,530 252,981
1992 6,520.3 9,691.1 981,253 324,652 5,475.2 5,420.9 7,152.9 18,714 27,841 36,573 66,326 256,922 256,514
1993 6,858.6 9,957.7 1,033,167 342,287 5,730.3 5,657.9 7,271.1 19,245 27,935 36,959 65,377 260,282 259,919
1994 7,287.2 10,358.9 1,077,665 353,287 6,114.6 5,947.1 7,470.6 19,943 28,356 38,782 67,199 263,455 263,126

1995
7,639.7 10,637.0 1,146,188 378,273 6,452.3 6,291.4 7,718.9 20,792 28,954 40,611 68,712 266,588 266,278
1996 8,073.1 11,038.3 1,189,356 398,859 6,870.6 6,678.5 7,964.2 21,658 29,528 42,300 69,714 269,714 269,394
1997 8,577.6 11,529.2 1,247,436 419,053 7,349.9 7,092.5 8,255.8 22,570 30,246 44,568 71,897 272,958 272,647
1998 9,062.8 12,045.8 1,314,496 450,365 7,825.7 7,606.7 8,740.4 23,806 31,651 46,737 74,389 276,154 275,854
1999 9,630.7 12,623.4 1,398,533 483,259 8,291.5 8,006.8 9,052.7 24,684 32,409 48,831 76,101 279,328 279,040

2000
10,252.3 13,138.0 1,502,768 521,612 8,872.4 8,655.9 9,692.1 26,274 33,645 50,732 76,469 282,398 282,162
2001 10,581.8 13,263.4 1,621,757 563,572 9,146.6 9,012.8 9,759.2 27,255 34,216 51,407 75,342 285,225 284,969
2002 10,936.4 13,488.4 1,732,478 594,694 9,394.2 9,160.9 10,047.8 28,160 34,894 51,680 74,566 287,955 287,625
2003 11,458.2 13,865.5 1,817,513 621,335 9,815.8 9,498.5 10,309.7 29,230 35,474 52,680 74,321 290,626 290,108
2004 12,213.7 14,399.7 1,903,915 655,182 10,495.8 10,044.3 10,652.8 30,674 36,325 54,061 74,263 293,262 292,805

2005
13,036.6 14,901.3 2,007,490 688,314 11,195.5 10,604.9 10,811.4 31,732 36,526 56,194 74,664 295,993 295,517
2006 13,814.6 15,315.9 2,117,161 728,917 11,942.3 11,384.7 11,226.5 33,558 37,570 58,407 75,168 298,818 298,380
2007 14,474.2 15,623.9 2,259,364 774,170 12,297.3 12,021.4 11,492.6 34,899 38,093 61,355 76,784 301,696 301,231
2008 14,769.9 15,643.0 2,401,417 826,061 12,359.3 12,477.6 11,630.0 36,021 38,188 61,521 74,144 304,543 304,094
2009 14,478.1 15,236.3 2,495,901 851,689 12,054.8 12,059.1 11,617.9 35,568 37,814 60,088 72,670 307,240 306,772

2010
15,049.0 15,649.0 2,537,892 860,118 12,781.1 12,594.5 11,861.4 36,654 38,282 60,236 71,667 309,839 309,327
2011 15,599.7 15,891.5 2,579,509 862,271 13,375.5 13,339.3 12,107.2 38,059 38,769 60,974 70,328 312,295 311,583
2012 16,254.0 16,254.0 2,591,987 870,321 14,099.6 14,014.3 12,504.8 39,732 39,732 62,241 70,300 314,725 313,878
2013 16,843.2 16,553.3 2,628,752 878,957 14,507.1 14,193.6 12,350.0 39,474 38,947 65,471 72,869 317,099 316,060
2014 17,550.7 16,932.1 2,719,820 906,016 15,228.1 14,976.6 12,821.9 41,276 40,118 66,632 72,926 319,601 318,386

2015
18,206.0 17,390.3 2,841,079 934,353 15,749.5 15,685.2 13,330.0 42,672 41,383 70,697 77,242 322,113 320,739
2016 18,695.1 17,680.3 2,961,032 973,025 16,033.4 16,096.9 13,575.5 43,556 41,821 72,707 78,426 324,609 323,072
2017 19,479.6 18,079.1 3,074,958 1,013,378 16,774.9 16,850.2 13,956.6 45,283 42,699 76,135 80,395 326,860 325,122
2018 20,527.2 18,606.8 3,203,175 1,046,585 17,673.3 17,706.0 14,429.4 47,536 43,886 78,646 81,070 328,794 326,838
2019 21,372.6 19,032.7 3,336,134 1,088,239 18,273.1 18,424.4 14,755.2 49,073 44,644 86,011 87,085 330,513 328,330
2020 20,893.7 18,384.7 --- --- 17,710.7 19,627.6 15,672.8 52,544 47,241 84,008 84,008 331,761 329,484
---Not available.
1 Data for years prior to 1970 include expenditures for government fiscal years ending during that particular calendar year. Data for 1970 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 changes both in prices and in the composition of output. More information is available at https://apps.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 (http://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. 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 April 26, 2022, from https://census.gov/data/tables/time-series/demo/income-poverty/historical-income-families.html; Population Estimates, retrieved June 2, 2015, from https://www.census.gov/data/datasets/time-series/demo/popest/intercensal-2000-2010-national.html, and 2010 through 2021 Population Estimates, retrieved April 26, 2022, from https://www.census.gov/data/datasets/time-series/demo/popest/2010s-national-detail.html; and State and Local Government Finances, retrieved April 27, 2022, from https://www.census.gov/programs-surveys/gov-finances.html. U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts Tables, retrieved April 27, 2022, from https://apps.bea.gov/iTable/index_nipa.cfm. (This table was prepared May 2022.)

2021 Tables and Figures All Years of Tables and Figures Most Recent Full Issue of the Digest