When converted to the value of one US dollar in 2020, goods and services that cost one dollar in 1700 would cost just over 63 dollars in 2020, this means that one dollar in 1700 was worth approximately 63 times more than it is today. This data can be used to calculate how much goods and services from the years shown would cost today, by multiplying the price from then by the number shown in the graph. For example, an item that cost 50 dollars in 1970 would theoretically cost 335.5 US dollars in 2020 (50 x 6.71 = 335.5), although it is important to remember that the prices of individual goods and services inflate at different rates than currency, therefore this graph must only be used as a guide.

One United States dollar was worth over ****** Indonesian rupiah in May 2024, the highest value in a comparison of over 50 different currencies worldwide. All countries and territories shown here are based on the Big Mac Index - a measurement of how much a single Big Mac is worth across different areas in the world. This exchange rate comparison reveals a strong position of the dollar in Asia and Latin America. Note, though, that several of the top currencies shown here do not rank among the most traded. The quarterly U.S. dollar exchange rate against the ten biggest forex currencies only contains the Korean won and the Japanese yen.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Purchasing Power of the Consumer Dollar in U.S. City Average (CUUR0000SA0R) from Jan 1913 to May 2025 about urban, consumer, CPI, inflation, price index, indexes, price, and USA.

The DXY exchange rate rose to 97.9584 on July 14, 2025, up 0.11% from the previous session. Over the past month, the United States Dollar has weakened 0.32%, and is down by 6.03% over the last 12 months. United States Dollar - values, historical data, forecasts and news - updated on July of 2025.

The US dollar index of February 2025 was higher than it was in 2024, although below the peak in late 2022. This reveals itself in a historical graphic on the past 50 years, measuring the relative strength of the U.S. dollar. This metric is different from other FX graphics that compare the U.S. dollar against other currencies. The history of the DXY Index The index shown here – often referred to with the code DXY, or USDX – measures the value of the U.S. dollar compared to a basket of six other foreign currencies. This basket includes the euro, the Swiss franc, the Japanese yen, the Canadian dollar, the British pound, and the Swedish króna. The index was created in 1973, after the arrival of the petrodollar and the dissolution of the Bretton Woods Agreement. Today, most of these currencies remain connected to the United States' largest trade partners. The relevance of the DXY Index The index focuses on trade and the strength of the U.S. dollar against specific currencies. It less on inflation or devaluation, which is measured in alternative metrics like the Big Mac Index. Indeed, as the methodology behind the DXY Index has only been updated once – when the euro arrived in 1999 – some argue this composition is not accurate to the current state of the world. The price development of the U.S. dollar affects many things, including commodity prices in general.

In economics, the inflation rate is a measure of the change in price of a basket of goods. The most common measure being the consumer price index. It is the percentage rate of change in price level over time, and also indicates the rate of decrease in the purchasing power of money. The annual rate of inflation for 2023, was 4.1 percent higher in the United States when compared to the previous year. More information on inflation and the consumer price index can be found on our dedicated topic page. Additionally, the monthly rate of inflation in the United States can be accessed here. Inflation and purchasing power Inflation is a key economic indicator, and gives economists and consumers alike a look at changes in prices in the wider economy. For example, if an average pair of socks costs 100 dollars one year and 105 dollars the following year, the inflation rate is five percent. This means the amount of goods an individual can purchase with a unit of currency has decreased. This concept is often referred to as purchasing power. The data presents the average rate of inflation in a year, whereas the monthly measure of inflation measures the change in prices compared with prices one year ago. For example, monthly inflation in the U.S. reached a peak in June 2022 at 9.1 percent. This means that prices were 9.1 percent higher than they were in June of 2021. The purchasing power is the extent to which a person has available funds to make purchases. The Big Mac Index has been published by The Economist since 1986 and exemplifies purchasing power on a global scale, allowing us to see note the differences between different countries currencies. Switzerland for example, has the most expensive Big Mac in the world, costing consumers 6.71 U.S. dollars as of July 2022, whereas a Big Mac cost 5.15 dollars in the United States, and 4.77 dollars in the Euro area. One of the most important tools in influencing the rate of inflation is interest rates. The Federal Reserve of the United States has the capacity to make changes to the federal interest rate . Changes to the rate of inflation are thought to be an imbalance between supply and demand. After COVID-19 related lockdowns came to an end there was a sudden increase in demand for goods and services with consumers having more funds than usual thanks to reduced spending during lockdown and government funded economic support. Additionally, supply-chain related bottlenecks also due to lockdowns around the world and the Russian invasion of Ukraine meant that there was a decrease in the supply of goods and services. By increasing the interest rate, the Federal Reserve aims to reduce spending, and thus bring demand back into balance with supply.

Graph and download economic data for Nominal Broad U.S. Dollar Index (DTWEXBGS) from 2006-01-02 to 2025-07-03 about trade-weighted, broad, exchange rate, currency, goods, services, rate, indexes, and USA.

Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

The Consumer Price Index in the United States increased 0.10 percent in May of 2025 over the previous month. This dataset provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The EUR/USD exchange rate fell to 1.1663 on July 14, 2025, down 0.21% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 0.88%, and is up by 7.02% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on July of 2025.

When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

Consumer Price Index CPI in the United States increased to 321.47 points in May from 320.80 points in April of 2025. This dataset provides the latest reported value for - United States Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Updated for 2013-17: US Census American Community Survey (2012-2016) data table for: Income subject area. Provides information about: FAMILY INCOME IN THE PAST 12 MONTHS (IN INFLATION-ADJUSTED DOLLARS) for the universe of: Families. These data are extrapolated estimates only, based on sampling; they are not actual complete counts. The data is based on 2010 Census Tracts. Table ACS_B19101_FAMILYINCOME contains both the Estimate value in the E item for the census topic and an adjacent M item which defines the Margin of Error for the value. The Margin of Error (MOE) is the plus/minus range for the item estimate value, where the range between the Estimate minus the Margin of Error and the Estimate plus the Margin of Error defines the 90% confidence interval of the item value. Many of the Margin of Error values are significant relative to the size of the Estimate value. This table contains 17 item(s) extracted from a larger sequence table. This extracted subset represents that portion of the sequence that is considered high priority. Other portions of this sequence that are not included can be identified in the data dictionary information provided in the Supplemental Information section below. This table information is also provided as a customized layer file: B19101_AREA_FAMILYINCOME.lyr where the table information is joined to the 2010 TRACTS_AREA census geography on the GEOID item. Both the table and customized lyr file name do not contain the year descriptor (i.e. 2012-2016) for the current ACS series. This is intentional in order to maintain the same table name in each successive ACS update. The alias of each item's (E)stimate and (M)easure of Error value stores this year date information as beginning YY and ending YY, i.e., 'E1216' and 'M1216' followed by the rest of the alias description. In this way users of the data tables or lyr files that support field aliases can determine which ACS series is being represented by the current table contents.

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, for 2020, the 2020 Census provides the official counts of the population and housing units for the nation, states, counties, cities, and towns. For 2016 to 2019, the Population Estimates Program provides estimates of the population for the nation, states, counties, cities, and towns and intercensal housing unit estimates for the nation, states, and counties..Supporting documentation on code lists, subject definitions, data accuracy, and statistical testing can be found on the American Community Survey website in the Technical Documentation section.Sample size and data quality measures (including coverage rates, allocation rates, and response rates) can be found on the American Community Survey website in the Methodology section..Source: U.S. Census Bureau, 2016-2020 American Community Survey 5-Year Estimates.Data are based on a sample and are subject to sampling variability. The degree of uncertainty for an estimate arising from sampling variability is represented through the use of a margin of error. The value shown here is the 90 percent margin of error. The margin of error can be interpreted roughly as providing a 90 percent probability that the interval defined by the estimate minus the margin of error and the estimate plus the margin of error (the lower and upper confidence bounds) contains the true value. In addition to sampling variability, the ACS estimates are subject to nonsampling error (for a discussion of nonsampling variability, see ACS Technical Documentation). The effect of nonsampling error is not represented in these tables..When information is missing or inconsistent, the Census Bureau logically assigns an acceptable value using the response to a related question or questions. If a logical assignment is not possible, data are filled using a statistical process called allocation, which uses a similar individual or household to provide a donor value. The "Allocated" section is the number of respondents who received an allocated value for a particular subject..Between 2018 and 2019 the American Community Survey retirement income question changed. These changes resulted in an increase in both the number of households reporting retirement income and higher aggregate retirement income at the national level. For more information see Changes to the Retirement Income Question ..The categories for relationship to householder were revised in 2019. For more information see Revisions to the Relationship to Household item..The 2016-2020 American Community Survey (ACS) data generally reflect the September 2018 Office of Management and Budget (OMB) delineations of metropolitan and micropolitan statistical areas. In certain instances, the names, codes, and boundaries of the principal cities shown in ACS tables may differ from the OMB delineation lists due to differences in the effective dates of the geographic entities..Estimates of urban and rural populations, housing units, and characteristics reflect boundaries of urban areas defined based on Census 2010 data. As a result, data for urban and rural areas from the ACS do not necessarily reflect the results of ongoing urbanization..Explanation of Symbols:- The estimate could not be computed because there were an insufficient number of sample observations. For a ratio of medians estimate, one or both of the median estimates falls in the lowest interval or highest interval of an open-ended distribution.N The estimate or margin of error cannot be displayed because there were an insufficient number of sample cases in the selected geographic area. (X) The estimate or margin of error is not applicable or not available.median- The median falls in the lowest interval of an open-ended distribution (for example "2,500-")median+ The median falls in the highest interval of an open-ended distribution (for example "250,000+").** The margin of error could not be computed because there were an insufficient number of sample observations.*** The margin of error could not be computed because the median falls in the lowest interval or highest interval of an open-ended distribution.***** A margin of error is not appropriate because the corresponding estimate is controlled to an independent population or housing estimate. Effectively, the corresponding estimate has no sampling error and the margin of error may be treated as zero.

Supporting documentation on code lists, subject definitions, data accuracy, and statistical testing can be found on the American Community Survey website in the Data and Documentation section...Sample size and data quality measures (including coverage rates, allocation rates, and response rates) can be found on the American Community Survey website in the Methodology section..Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, it is the Census Bureau''s Population Estimates Program that produces and disseminates the official estimates of the population for the nation, states, counties, cities and towns and estimates of housing units for states and counties..Explanation of Symbols:An ''**'' entry in the margin of error column indicates that either no sample observations or too few sample observations were available to compute a standard error and thus the margin of error. A statistical test is not appropriate..An ''-'' entry in the estimate column indicates that either no sample observations or too few sample observations were available to compute an estimate, or a ratio of medians cannot be calculated because one or both of the median estimates falls in the lowest interval or upper interval of an open-ended distribution..An ''-'' following a median estimate means the median falls in the lowest interval of an open-ended distribution..An ''+'' following a median estimate means the median falls in the upper interval of an open-ended distribution..An ''***'' entry in the margin of error column indicates that the median falls in the lowest interval or upper interval of an open-ended distribution. A statistical test is not appropriate..An ''*****'' entry in the margin of error column indicates that the estimate is controlled. A statistical test for sampling variability is not appropriate. .An ''N'' entry in the estimate and margin of error columns indicates that data for this geographic area cannot be displayed because the number of sample cases is too small..An ''(X)'' means that the estimate is not applicable or not available..Estimates of urban and rural population, housing units, and characteristics reflect boundaries of urban areas defined based on Census 2010 data. As a result, data for urban and rural areas from the ACS do not necessarily reflect the results of ongoing urbanization..While the 2013 American Community Survey (ACS) data generally reflect the February 2013 Office of Management and Budget (OMB) definitions of metropolitan and micropolitan statistical areas; in certain instances the names, codes, and boundaries of the principal cities shown in ACS tables may differ from the OMB definitions due to differences in the effective dates of the geographic entities..In data year 2013, there were a series of changes to data collection operations that could have affected some estimates. These changes include the addition of Internet as a mode of data collection, the end of the content portion of Failed Edit Follow-Up interviewing, and the loss of one monthly panel due to the Federal Government shut down in October 2013. For more information, see: User Notes.Data are based on a sample and are subject to sampling variability. The degree of uncertainty for an estimate arising from sampling variability is represented through the use of a margin of error. The value shown here is the 90 percent margin of error. The margin of error can be interpreted roughly as providing a 90 percent probability that the interval defined by the estimate minus the margin of error and the estimate plus the margin of error (the lower and upper confidence bounds) contains the true value. In addition to sampling variability, the ACS estimates are subject to nonsampling error (for a discussion of nonsampling variability, see Accuracy of the Data). The effect of nonsampling error is not represented in these tables..Source: U.S. Census Bureau, 2013 American Community Survey

Updated for 2013-17: US Census American Community Survey data table for: Income subject area. Provides information about: HOUSEHOLD INCOME IN THE PAST 12 MONTHS (IN INFLATION-ADJUSTED DOLLARS) (WHITE ALONE, NOT HISPANIC OR LATINO HOUSEHOLDER) for the universe of: Households with a householder who is White alone, not Hispanic or Latino. These data are extrapolated estimates only, based on sampling; they are not actual complete counts. The data is based on 2010 Census Tracts. Table ACS_B19001H_HSEHLDINCOMEWHITENOTHISP contains both the Estimate value in the E item for the census topic and an adjacent M item which defines the Margin of Error for the value. The Margin of Error (MOE) is the plus/minus range for the item estimate value, where the range between the Estimate minus the Margin of Error and the Estimate plus the Margin of Error defines the 90% confidence interval of the item value. Many of the Margin of Error values are significant relative to the size of the Estimate value. This table contains 17 item(s) extracted from a larger sequence table. This extracted subset represents that portion of the sequence that is considered high priority. Other portions of this sequence that are not included can be identified in the data dictionary information provided in the Supplemental Information section below. This table information is also provided as a customized layer file: B19001H_AREA_HSEHLDINCOMEWHITENOTHISP.lyr where the table information is joined to the 2010 TRACTS_AREA census geography on the GEOID item. Both the table and customized lyr file name do not contain the year descriptor (i.e. 2012-2016) for the current ACS series. This is intentional in order to maintain the same table name in each successive ACS update. The alias of each item's (E)stimate and (M)easure of Error value stores this year date information as beginning YY and ending YY, i.e., 'E1216' and 'M1216' followed by the rest of the alias description. In this way users of the data tables or lyr files that support field aliases can determine which ACS series is being represented by the current table contents.

Updated for 2013-17:US Census American Community Survey data table for: Income subject area. Provides information about: FAMILY INCOME IN THE PAST 12 MONTHS (IN INFLATION-ADJUSTED DOLLARS) (TWO OR MORE RACES HOUSEHOLDER) for the universe of: Families with a householder who is Two or more races. These data are extrapolated estimates only, based on sampling; they are not actual complete counts. The data is based on 2010 Census Tracts. Table ACS_B19101G_FAMILYINCOME2RACES contains both the Estimate value in the E item for the census topic and an adjacent M item which defines the Margin of Error for the value. The Margin of Error (MOE) is the plus/minus range for the item estimate value, where the range between the Estimate minus the Margin of Error and the Estimate plus the Margin of Error defines the 90% confidence interval of the item value. Many of the Margin of Error values are significant relative to the size of the Estimate value. This table contains 17 item(s) extracted from a larger sequence table. This extracted subset represents that portion of the sequence that is considered high priority. Other portions of this sequence that are not included can be identified in the data dictionary information provided in the Supplemental Information section below. This table information is also provided as a customized layer file: B19101G_AREA_FAMILYINCOME2RACES.lyr where the table information is joined to the 2010 TRACTS_AREA census geography on the GEOID item. Both the table and customized lyr file name do not contain the year descriptor (i.e. 2012-2016) for the current ACS series. This is intentional in order to maintain the same table name in each successive ACS update. The alias of each item's (E)stimate and (M)easure of Error value stores this year date information as beginning YY and ending YY, i.e., 'E1216' and 'M1216' followed by the rest of the alias description. In this way users of the data tables or lyr files that support field aliases can determine which ACS series is being represented by the current table contents.

U.S. GNP for 2023 was 26.945 trillion US dollars, a 4.38% increase from 2022.

<ul style='margin-top:20px;'>

<li>U.S. GNP for 2022 was <strong>25.815 trillion US dollars</strong>, a <strong>8.74% increase</strong> from 2021.</li>
<li>U.S. GNP for 2021 was <strong>23.741 trillion US dollars</strong>, a <strong>10.81% increase</strong> from 2020.</li>
<li>U.S. GNP for 2020 was <strong>21.425 trillion US dollars</strong>, a <strong>1.46% decline</strong> from 2019.</li>
</ul>GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Graph and download economic data for Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Turkey (CCUSMA02TRM618N) from Jan 1957 to May 2025 about Turkey, exchange rate, currency, and rate.

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.