In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

The Gross Domestic Product (GDP) in the United States expanded 2 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in the United States expanded 3 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q2 2025 about per capita, real, GDP, and USA.

The Gross Domestic Product per capita in the United States was last recorded at 66682.61 US dollars in 2024. The GDP per Capita in the United States is equivalent to 528 percent of the world's average. This dataset provides - United States GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP, billion currency units in the USA, June, 2025 The most recent value is 7582.78 billion U.S. Dollar as of Q2 2025, an increase compared to the previous value of 7490.5 billion U.S. Dollar. Historically, the average for the USA from Q1 1960 to Q2 2025 is 2249.82 billion U.S. Dollar. The minimum of 135.28 billion U.S. Dollar was recorded in Q4 1960, while the maximum of 7582.78 billion U.S. Dollar was reached in Q2 2025. | TheGlobalEconomy.com

Graph and download economic data for FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median (GDPC1MD) from 2025 to 2027 about projection, median, real, GDP, rate, and USA.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

Investment as percent of GDP in the USA, March, 2025 The most recent value is 17.99 percent as of Q1 2025, an increase compared to the previous value of 17.75 percent. Historically, the average for the USA from Q1 1960 to Q1 2025 is 16.97 percent. The minimum of 13.47 percent was recorded in Q1 2010, while the maximum of 19.98 percent was reached in Q3 1979. | TheGlobalEconomy.com

United States GDP Nowcast: saar: YoY: Contribution: Construction: Private Housing Units Authorized: Total data was reported at 1.166 % in 12 May 2025. This records a decrease from the previous number of 1.168 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Construction: Private Housing Units Authorized: Total data is updated weekly, averaging 0.427 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 1.815 % in 10 Aug 2020 and a record low of 0.000 % in 18 May 2020. United States GDP Nowcast: saar: YoY: Contribution: Construction: Private Housing Units Authorized: Total data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

Consumption as percent of GDP in the USA, March, 2025 The most recent value is 68.29 percent as of Q1 2025, an increase compared to the previous value of 68.15 percent. Historically, the average for the USA from Q1 1960 to Q1 2025 is 64.15 percent. The minimum of 58.52 percent was recorded in Q1 1967, while the maximum of 69.06 percent was reached in Q1 2011. | TheGlobalEconomy.com

United States GDP Nowcast: saar: YoY: Contribution: Construction data was reported at 2.471 % in 12 May 2025. This records an increase from the previous number of 2.466 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Construction data is updated weekly, averaging 1.100 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 6.568 % in 17 Aug 2020 and a record low of 0.001 % in 17 Jun 2019. United States GDP Nowcast: saar: YoY: Contribution: Construction data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

United States GDP Nowcast: saar: YoY: Contribution: Energy data was reported at 14.762 % in 12 May 2025. This records an increase from the previous number of 14.754 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Energy data is updated weekly, averaging 14.114 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 14.887 % in 13 Feb 2023 and a record low of 5.551 % in 19 Aug 2019. United States GDP Nowcast: saar: YoY: Contribution: Energy data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

United States GDP Nowcast: saar: YoY: Contribution: Transportation data was reported at 0.475 % in 12 May 2025. This records a decrease from the previous number of 0.476 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Transportation data is updated weekly, averaging 0.255 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 0.714 % in 18 Feb 2019 and a record low of 0.000 % in 25 Mar 2019. United States GDP Nowcast: saar: YoY: Contribution: Transportation data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.