National Income and Expenditure Components

National Income and Expenditure Components

• Personal consumption expenditure, reflecting household spending on goods and services, amounted to Rs. 12,518 billion.
• Compensation of employers, encompassing wages and salaries paid to employees, totaled Rs. 11,278 billion.
• Net factor income from abroad, representing the difference between income earned by domestic residents from assets abroad and income earned by foreign residents from assets within the country, registered a negative value of Rs. 18 billion, implying a net outflow of income.
• Gross private domestic investment, reflecting businesses' spending on new capital goods, reached Rs. 3,668 billion.
• Rent, a component of property income, amounted to Rs. 280 billion.
• Interest, another type of property income, reached Rs. 1,142 billion.
• Net indirect business taxes, the difference between taxes levied on businesses and subsidies provided to them, stood at Rs. 1,382 billion.
• Corporate income, reflecting profits earned by companies, reached Rs. 2,514 billion.
• Proprietor's income, representing income earned by self-employed individuals, totaled Rs. 1,422 billion.
• Consumption of fixed capital, signifying the depreciation of existing capital stock, amounted to Rs. 572 billion.
• Government purchases, reflecting government spending on goods and services, reached Rs. 4,486 billion.
• Net export, the difference between exports and imports, registered a negative value of Rs. 740 billion, indicating a trade deficit.
• Dividends, payments made by companies to shareholders, totaled Rs. 794 billion.
• Under-distributed corporate profile, representing retained earnings not yet distributed to shareholders, amounted to Rs. 548 billion.
• Transfer payments, reflecting government spending on social welfare programs, reached Rs. 3,060 billion.
• Social security contribution, representing mandatory contributions made by employees and employers for social security, reached Rs. 1,412 billion.
• Personal taxes, reflecting taxes levied on individuals, amounted to Rs. 2,584 billion.

This quiz explores the various components of national income and expenditure, highlighting key aspects such as personal consumption, compensation of employers, and gross private investment. Test your understanding of these economic indicators and their implications for the economy.