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View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.
Version history:This data are a new version of Geiger et al (2017, http:doi.org/10.5880/PIK.2017.003). Please use this updated version of this dataset which contains the following correction of errors in the original dataset: The linear interpolation in GDP per capita for Aruba (ABW) between observations in 2005 and SSP2 projections in 2010 was replaced by observed GDP per capita values for the years 2006-2009, as the SSP2 projection for Aruba turned out to be incorrect. As a result of this, the national GDP per capita and GDP timeseries for Aruba between 2006 and 2009 is different from the previous version. We here provide three different economic time series that amend or combine various existing time series for Gross Domestic Product (GDP), GDP per capita, and population to create consistent and continuous economic time series between 1850 and 2009 for up to 195 countries. All data, including the data description are included in a zip folder (2018-010_GDP_1850-2009_Data_v2.zip): (1) A continuous table of global income data (in 1990 Geary-Khamis $) based on the Maddison Project data base (MPD) for 160 individual countries and 3 groups of countries from 1850-2010: Maddison_Project_data_completed_1850-2010.csv. (2) A continuous table of global income data (in 2005 PPP $, PPP = purchasing power parity) for 195 countries based on a merged and harmonized dataset between MPD and Penn World Tables (PWT, version v8.1) from 1850-2009, and additionally extended using PWT v9.0 and World Development Indicators (WDI), that is consistent with future GDP per capita projections from the Shared Socioeconomic Pathways (SSPs): GDP-per-capita-national_PPP2005_SSP-harmonized_1850-2009_v2.csv. (3) A continuous table of global GDP data (in 2005 PPP $) for 195 countries from 1850-2009 based on the second income data set multiplied by country population data, again consistent with future SSP GDP projections: GDP-national_PPP2005_SSP-harmonized_1850-2009_v2.csv. These data are supplemented by a masking table indicating MPD original data and amended data based on current country definitions (Maddison_data_availability_masked_1850-2010.csv) and a file with PPP conversion factors used in this study (PPP_conversion_factors_PPP1990-PPP2005.csv). We use various interpolation and extrapolation methods to handle missing data and discuss the advantages and limitations of our methodology. Despite known shortcomings this data set aims to provide valuable input, e.g., for climate impact research in order to consistently analyze economic impacts from pre-industrial times to the distant future. More information about data sources and data format description is given in the data description file (2018-010_Data-Description-GDP_1850-2009_v2.pdf).
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Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q2 2025 about implicit price deflator, headline figure, inflation, GDP, and USA.
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The Gross Domestic Product (GDP) in the United States expanded 3.80 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.
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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.
Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in chained (2017) and current dollars (dollars x 1,000,000).
Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units (ESA 2010, 8.89). It can be defined in three ways: a production approach, an income approach and an expenditure approach. Values are seasonally adjusted (SA). The ESA 2010 (European System of Accounts) regulation may be referred to for more specific explanations on methodology.
Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, (dollars x 1,000,000), monthly, 5 most recent time periods.
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GDP (gross domestic product) reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Expressing GDP in PPS (purchasing power standards) eliminates differences in price levels between countries, and calculations on a per capita basis allows for the comparison of economies significantly different in absolute size. Expressed in million euro, euro per capita, and in million purchasing power standards.
As of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.
In 2024 the real gross domestic product (GDP) of the United States increased by 2.8 percent compared to 2023.
What does GDP growth mean?
Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.
Countries with highest GDP growth rate
Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.
This dataset provides statistics on real gross domestic product (GDP) and real GDP per capita for subnational regions. Real values are deflation-adjusted using the Regional Producer Price Index (ROPI), where available.
Data source and definition
Regional gross domestic product data is collected at current prices, in millions of national currency from Eurostat (reg_eco10) for EU countries and via delegates of the OECD Working Party on Territorial Indicators (WPTI), as well as from national statistical offices' websites.
To allow comparability over time and between countries, data at current prices are transformed into constant prices and purchasing power parity measures. Regional GDP per capita is calculated by dividing regional GDP by the average annual population of the region.
See method and detailed data sources in Regions and Cities at a Glance 2024, Annex.
Definition of regions
Regions are subnational units below national boundaries. OECD countries have two regional levels: large regions (territorial level 2 or TL2) and small regions (territorial level 3 or TL3). The OECD regions are presented in the OECD Territorial grid (pdf) and in the OECD Territorial correspondence table (xlsx).
Use of economic data on small regions
When economic analyses are carried out at the TL3 level, it is advisable to aggregate data at the metropolitan region level when several TL3 regions are associated to the same metropolitan region. Metropolitan regions combine TL3 regions when 50% or more of the regional population live in a functionnal urban areas above 250 000 inhabitants. This approach corrects the distortions created by commuting. Correspondence between TL3 and metropolitan regions:(xlsx).
Small regions (TL3) are categorized based on shared characteristics into regional typologies. See the economic indicators aggregated by territorial typology at country level on the access to City typology (link) and by urban-rural typology (link).
Cite this dataset
OECD Regions and Cities databases http://oe.cd/geostats
Further information
Contact: RegionStat@oecd.org
In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.
The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.
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We here provide three different economic time series that amend or combine various existing time series for Gross Domestic Product (GDP), GDP per capita, and population to create consistent and continuous economic time series between 1850 and 2009 for up to 195 countries:
(1) A continuous table of global income data (in 1990 Geary-Khamis $) based on the Maddison Project data base (MPD) for 160 individual countries and 3 groups of countries from 1850-2010: Maddison_Project_data_completed_1850-2010.csv.(2) A continuous table of global income data (in 2005 PPP $, PPP = purchasing power parity) for 195 countries based on a merged and harmonized dataset between MPD and Penn World Tables (PWT, version v8.1) from 1850-2009, and additionally extended using PWT v9.0 and World Development Indicators (WDI), that is consistent with future GDP per capita projections from the Shared Socioeconomic Pathways (SSPs): GDP-per-capita-national_PPP2005_SSP-harmonized_1850-2009.csv.(3) A continuous table of global GDP data (in 2005 PPP $) for 195 countries from 1850-2009 based on the second income data set multiplied by country population data, again consistent with future SSP GDP projections: GDP-national_PPP2005_SSP-harmonized_1850-2009.csv.
These data are supplemented by a masking table indicating MPD original data and amended data based on current country definitions (Maddison_data_availability_masked_1850-2010.csv) and a file with PPP conversion factors used in this study (PPP_conversion_factors_PPP1990-PPP2005.csv).
We use various interpolation and extrapolation methods to handle missing data and discuss the advantages and limitations of our methodology. Despite known shortcomings this data set aims to provide valuable input, e.g., for climate impact research in order to consistently analyze economic impacts from pre-industrial times to the distant future. More information about data sources and data format description is given in the data description file (Data-Description-GDP_1850-2009.pdf).
Version history: Please use the updated version of this dataset which contains correction of errors in the original dataset. For a detailed description of the changes please consult the CHANGELOG included in the data description document of the new version.
The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.
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This table presents annual data on the output components, the final expenditure categories and the income components of gross domestic product of the Netherlands. In the national accounts gross domestic product is approached from three points of view: from the output, from the generation of income and from the final expenditure. Gross domestic product is a main macroeconomic indicator. The volume change of gross domestic product is a measure for the economic growth of a country.
Data available from: 1995.
Status of the figures: Data from 1995 up to and including 2023 are final. Data of 2024 are provisional.
Changes as of June 24th 2025: Data of 2024 have been added to this table.
When will new figures be published? Provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year.
This table contains data for gross domestic product (GDP), in current dollars, for all census metropolitan area and non-census metropolitan areas.
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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.
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The Gross Domestic Product (GDP) in the United States expanded 2.10 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.
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View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.