The US Department of Commerce recently released new data on the second adjustment of the national economy in 2021. Among them, the nominal GDP that has not been adjusted for calendar and season was US$23023.5 billion, with an actual increase of 5.6% - a result of more than US$23 trillion, continuing to rank first among countries and regions around the world.
If we look at the accounting caliber after "calendar and seasonal adjustment", the United States' GDP in 2021 was US$22997.5 billion (not exceeding 23 trillion) - the reason why has two different numbers is because: When calculating national economic data, the United States will announce the results under the two statistical caliber "seasonal adjustment" and "unseasonal adjustment".
Nansheng once pointed out in the article "Does the United States' GDP exceed 23 trillion US dollars in 2021?" that the GDP announced by my country is all under the statistical caliber of "unseasonal adjustment". Based on the idea of trying to be unified in comparison standards, Nansheng's articles usually give priority to reporting on "unseasonal GDP".
The population announced by the US authorities in 2021 will be around 331.5 million - whether calculated based on "unseasonally adjusted GDP" or "seasonally adjusted GDP", US per capita GDP 4 can basically be written as US$69,400 , still leading among the world's major economic powers.
The per capita income of the United States in 2021 exceeds US$63,000?
The above figure is the preliminary revenue statistics table for 2021 released by the US authorities. Among them, the Personal income column seems to clearly state: Americans' income in 2021 will be US$21076.8 billion - the proportion of 's revenue of more than US$21 trillion is more than 90% compared with GDP of about US$23 trillion.
is calculated based on a population of about 331.5 million. Wouldn’t the per capita income of the U.S. residents in 2021 have exceeded US$63,000? On the network, there are really some irresponsible self-media that calculate this way, and draw the view that the US economic development is highly beneficial to the people.
Netizens who often follow financial news may have noticed that the 2020 survey results released by the U.S. Department of Labor: the average household income of American residents is around $97,000. The average number of households given by the Pew Research Center in the United States is around 2.6, and the per capita income of is around 2020, which is around 37,300 US dollars.
How can the per capita income of American residents increase so much in just one year? Moreover, this per capita income value of more than US$63,000 also does not match the values previously announced by institutions such as United Nations , World Bank , IMF.
Jerry Guo (American, well-known blogger) once made a video about the monthly income of employed people. After an immediate interview, it was found that the average monthly income of most "employed people" living in New York, USA is only slightly more than US$4,000 - this is completely incompatible with the average annual income of US$63,000. Where exactly is the problem with ?
What is the income of American residents in 2021?
concluded that the proportion of US residents' income accounts for more than 90% of GDP. This is the result of those self-media authors who are not professional and make the mistake of metaphysics - mistakenly understand Personal income as "residents". This concept has a detailed English explanation in the report (the bottom of the article will be presented)
Personal income, which is essentially based on: based on national income, and the result of comprehensive adjustments to various projects such as profits, inventory, and capital consumption. That is, Personal income is not a resident's income, and the resident's income is only part of Personal income.
What truly belongs to the resident remuneration part is the "Compensation of employees" in the statistical table, with the total amount in 2021 being US$1,258.05 billion - more than US$12.58 trillion. Based on the population of about 331.5 million, the per capita income of U.S. residents in 2021 will be around 38,000 US dollars.
This matches the 2020 resident income value found by the U.S. Department of Labor. - the per capita income of residents increased from about $37,300 to around $38,000 in 2021. Compared with the per capita GDP of US$69,400, the proportion is around 54.7%.What do netizens think about this? This article is compiled and written by [Nan Sheng]. Please do not reprint or plagiarize without authorization!
Finally, the U.S. Department of Commerce's English explanation of Personal income: Personal income is also equal to national income less corporate profits with inventory valuation and capital consumption adjustments, taxes on production and imports less subsidies, contributions for government social insurance, net interest and miscellaneous payments, business current transfer payments (net), and current surplus of government enterprises, plus personal income receipts on assets, and personal current transfer receipts
