The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2019 to 2023, with projections up until 2029. 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 2023, the growth of the real gross domestic product in the United States was around 2.53 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.
The gini index in Costa Rica was forecast to remain on a similar level in 2029 as compared to 2024 with 0.49 points. According to this forecast, the gini will stay nearly the same over the forecast period. The Gini coefficient here measures the degree of income inequality on a scale from 0 (=total equality of incomes) to one (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gini index in countries like Guatemala and El Salvador.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States CSI: Expected Inflation: Next 5 Yrs: Same data was reported at 1.000 % in May 2018. This records a decrease from the previous number of 2.000 % for Apr 2018. United States CSI: Expected Inflation: Next 5 Yrs: Same data is updated monthly, averaging 3.000 % from Feb 1979 (Median) to May 2018, with 380 observations. The data reached an all-time high of 16.000 % in Sep 1981 and a record low of 0.000 % in Jan 1997. United States CSI: Expected Inflation: Next 5 Yrs: Same data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H030: Consumer Sentiment Index: Unemployment, Interest Rates, Prices and Government Expectations. The questions were: 'What about the outlook for prices over the next 5 to 10 years? Do you think prices will be higher, to go up, on the average, during the next 12 months?' and 'By about what percent per year do you expect prices to go up or down, on the average, during the next 5 to 10 years?'
In January and February 2025, industrial production in China increased by 5.9 percent. On a month-to-month basis, industrial production grew by 0.51 percent in February 2025.
Singapore led the Index of Economic Freedom in 2024, with an index score of 83.5 out of 100. Switzerland, Ireland, Taiwan, and Luxembourg rounded out the top five. Economic Freedom Index In order to calculate the Economic Freedom Index, the source takes 12 different factors into account, including the rule of law, government size, regulatory efficiency, and open markets. All 12 factors are rated on a scale of zero to 100 and are weighted equally. Every country is rated within the Index in order to provide insight into the health and freedom of the global economy. Singapore's economy Singapore is one of the four so-called Asian Tigers, a term used to describe four countries in Asia that saw a booming economic development from the 1950s to the early 1990. Today, the City-State is known for its many skyscrapers, and its economy continue to boom. It has one of the lowest tax-rates in the Asia-Pacific region, and continues to be open towards foreign direct investment (FDI). Moreover, Singapore has one of the highest trade-to-GDP ratios worldwide, underlining its export-oriented economy. Finally, its geographic location has given it a strategic position as a center connecting other countries in the region with the outside world. However, the economic boom has come at a cost, with the city now ranked among the world's most expensive.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
CSI: Personal: Real Income Gains Probability: Next 5 Yrs: 50% data was reported at 18.000 % in May 2018. This records an increase from the previous number of 16.000 % for Apr 2018. CSI: Personal: Real Income Gains Probability: Next 5 Yrs: 50% data is updated monthly, averaging 17.000 % from Dec 1997 (Median) to May 2018, with 246 observations. The data reached an all-time high of 26.000 % in Feb 1998 and a record low of 11.000 % in Jul 2014. CSI: Personal: Real Income Gains Probability: Next 5 Yrs: 50% data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H024: Consumer Sentiment Index: Personal Finance. The question was: What do you think the chances are that your (family) income will increase by more than the rate of inflation in the next five years or so?
In 2023, the gross domestic product (GDP) of China amounted to around 17.8 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was three percent in 2022 and 5.2 percent in 2023. In 2023, per capita GDP in China reached around 12,600 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2023. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 31 percent in 2023. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2023. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Trinidad and Tobago TT: Persistence to Grade 5: % of Cohort data was reported at 92.066 % in 2009. This records a decrease from the previous number of 96.144 % for 2008. Trinidad and Tobago TT: Persistence to Grade 5: % of Cohort data is updated yearly, averaging 94.703 % from Dec 1990 (Median) to 2009, with 7 observations. The data reached an all-time high of 96.906 % in 2003 and a record low of 82.081 % in 1990. Trinidad and Tobago TT: Persistence to Grade 5: % of Cohort data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank: Education Statistics. Persistence to grade 5 (percentage of cohort reaching grade 5) is the share of children enrolled in the first grade of primary school who eventually reach grade 5. The estimate is based on the reconstructed cohort method.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States CSI: Personal: Losing a Job Probability: Next 5 Yrs: 0% data was reported at 42.000 % in May 2018. This records a decrease from the previous number of 45.000 % for Apr 2018. United States CSI: Personal: Losing a Job Probability: Next 5 Yrs: 0% data is updated monthly, averaging 43.000 % from Dec 1997 (Median) to May 2018, with 246 observations. The data reached an all-time high of 53.000 % in Jan 1998 and a record low of 35.000 % in Nov 2003. United States CSI: Personal: Losing a Job Probability: Next 5 Yrs: 0% data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H024: Consumer Sentiment Index: Personal Finance. The question was: During the next 5 years, what do you think the chances are that you (or your husband/wife) will lose a job you wanted to keep?
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
IP: Mfg: FB: Spring & Wire Pdts, 5 Digit data was reported at 98.500 Dec2023=100 in Jan 2025. This records a decrease from the previous number of 98.600 Dec2023=100 for Dec 2024. IP: Mfg: FB: Spring & Wire Pdts, 5 Digit data is updated monthly, averaging 98.850 Dec2023=100 from Dec 2023 (Median) to Jan 2025, with 14 observations. The data reached an all-time high of 100.300 Dec2023=100 in Feb 2024 and a record low of 98.500 Dec2023=100 in Jan 2025. IP: Mfg: FB: Spring & Wire Pdts, 5 Digit data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.JA239: Import Price Index: by NAICS.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States Imports: 5-Digit: Newsprint data was reported at 0.065 USD mn in 2017. This records an increase from the previous number of 0.025 USD mn for 2016. United States Imports: 5-Digit: Newsprint data is updated yearly, averaging 0.014 USD mn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 0.422 USD mn in 2009 and a record low of 0.000 USD mn in 2010. United States Imports: 5-Digit: Newsprint data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA080: Trade Statistics: China: Imports: Customs: End Use.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Virgin Islands (British) VG: Persistence to Grade 5: % of Cohort: Female data was reported at 33.508 % in 2017. Virgin Islands (British) VG: Persistence to Grade 5: % of Cohort: Female data is updated yearly, averaging 33.508 % from Dec 2017 (Median) to 2017, with 1 observations. The data reached an all-time high of 33.508 % in 2017 and a record low of 33.508 % in 2017. Virgin Islands (British) VG: Persistence to Grade 5: % of Cohort: Female data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Virgin Islands (British) – Table VG.World Bank.WDI: Social: Education Statistics. Persistence to grade 5 (percentage of cohort reaching grade 5) is the share of children enrolled in the first grade of primary school who eventually reach grade 5. The estimate is based on the reconstructed cohort method.;UNESCO Institute for Statistics (UIS). UIS.Stat Bulk Data Download Service. Accessed April 24, 2024. https://apiportal.uis.unesco.org/bdds.;Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States IP: Mfg: FB: Mach Shops, Trnd Pdt, & Scrw, Nut & Blt, 5 Digit data was reported at 105.700 Dec2023=100 in Dec 2024. This records a decrease from the previous number of 106.300 Dec2023=100 for Nov 2024. United States IP: Mfg: FB: Mach Shops, Trnd Pdt, & Scrw, Nut & Blt, 5 Digit data is updated monthly, averaging 103.100 Dec2023=100 from Dec 2023 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 108.400 Dec2023=100 in Sep 2024 and a record low of 98.500 Dec2023=100 in Feb 2024. United States IP: Mfg: FB: Mach Shops, Trnd Pdt, & Scrw, Nut & Blt, 5 Digit data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.JA239: Import Price Index: by NAICS.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States Imports: 5-Digit: Cocoa Beans data was reported at 0.000 USD mn in 2017. This stayed constant from the previous number of 0.000 USD mn for 2016. United States Imports: 5-Digit: Cocoa Beans data is updated yearly, averaging 0.000 USD mn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 0.254 USD mn in 2000 and a record low of 0.000 USD mn in 2017. United States Imports: 5-Digit: Cocoa Beans data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA080: Trade Statistics: China: Imports: Customs: End Use.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Domestic Indicators: Indonesia 5-Year Credit Default Swap (CDS) data was reported at 76.558 Basis Point in Jan 2025. This records a decrease from the previous number of 78.537 Basis Point for Dec 2024. Domestic Indicators: Indonesia 5-Year Credit Default Swap (CDS) data is updated monthly, averaging 103.607 Basis Point from Jan 2014 (Median) to Jan 2025, with 133 observations. The data reached an all-time high of 276.303 Basis Point in Sep 2015 and a record low of 65.982 Basis Point in Jan 2020. Domestic Indicators: Indonesia 5-Year Credit Default Swap (CDS) data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Monetary – Table ID.KAI002: Financial System Statistics: Macroeconomic Indicator.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
San Marino Persistence to Grade 5: Female: % of Cohort data was reported at 98.065 % in 2011. San Marino Persistence to Grade 5: Female: % of Cohort data is updated yearly, averaging 98.065 % from Dec 2011 (Median) to 2011, with 1 observations. San Marino Persistence to Grade 5: Female: % of Cohort data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s San Marino – Table SM.World Bank: Education Statistics. Persistence to grade 5 (percentage of cohort reaching grade 5) is the share of children enrolled in the first grade of primary school who eventually reach grade 5. The estimate is based on the reconstructed cohort method.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Japan JP: Persistence to Grade 5: Female: % of Cohort data was reported at 99.806 % in 2011. This records a decrease from the previous number of 99.936 % for 2010. Japan JP: Persistence to Grade 5: Female: % of Cohort data is updated yearly, averaging 99.921 % from Dec 1971 (Median) to 2011, with 34 observations. The data reached an all-time high of 99.997 % in 1991 and a record low of 99.713 % in 1979. Japan JP: Persistence to Grade 5: Female: % of Cohort data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Education Statistics. Persistence to grade 5 (percentage of cohort reaching grade 5) is the share of children enrolled in the first grade of primary school who eventually reach grade 5. The estimate is based on the reconstructed cohort method.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Ecuador EC: Persistence to Grade 5: % of Cohort data was reported at 92.552 % in 2016. This records an increase from the previous number of 84.673 % for 2015. Ecuador EC: Persistence to Grade 5: % of Cohort data is updated yearly, averaging 76.269 % from Dec 1971 (Median) to 2016, with 35 observations. The data reached an all-time high of 95.143 % in 2011 and a record low of 40.295 % in 1993. Ecuador EC: Persistence to Grade 5: % of Cohort data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ecuador – Table EC.World Bank: Education Statistics. Persistence to grade 5 (percentage of cohort reaching grade 5) is the share of children enrolled in the first grade of primary school who eventually reach grade 5. The estimate is based on the reconstructed cohort method.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States EP: Mfg: CE: Computer & Peripheral Eqpt, 5 Digit data was reported at 100.100 Dec2023=100 in Jan 2025. This records an increase from the previous number of 98.900 Dec2023=100 for Dec 2024. United States EP: Mfg: CE: Computer & Peripheral Eqpt, 5 Digit data is updated monthly, averaging 98.800 Dec2023=100 from Dec 2023 (Median) to Jan 2025, with 14 observations. The data reached an all-time high of 100.200 Dec2023=100 in Nov 2024 and a record low of 97.900 Dec2023=100 in Jul 2024. United States EP: Mfg: CE: Computer & Peripheral Eqpt, 5 Digit data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.JA118: Export Price Index: by NAICS.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States Imports: 5-Digit: Motorcycles and Parts data was reported at 569.423 USD mn in 2017. This records an increase from the previous number of 466.482 USD mn for 2016. United States Imports: 5-Digit: Motorcycles and Parts data is updated yearly, averaging 251.891 USD mn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 569.423 USD mn in 2017 and a record low of 4.605 USD mn in 1998. United States Imports: 5-Digit: Motorcycles and Parts data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA080: Trade Statistics: China: Imports: Customs: End Use.
The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2019 to 2023, with projections up until 2029. 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 2023, the growth of the real gross domestic product in the United States was around 2.53 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.