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.
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Unemployment Rate in the United States remained unchanged at 4.20 percent in May. This dataset provides the latest reported value for - United States Unemployment 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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The Gross Domestic Product (GDP) in the United States expanded 2 percent in the first 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.
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The Gross Domestic Product (GDP) in the United States contracted 0.50 percent in the first 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.
The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2024, with projections up until 2030. The gross domestic product of the United States in 2024 amounted to around 29.18 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.
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The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 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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Mexico Exports: United States: Nickel & Articles data was reported at 9.658 USD mn in Nov 2021. This records an increase from the previous number of 8.381 USD mn for Oct 2021. Mexico Exports: United States: Nickel & Articles data is updated monthly, averaging 3.931 USD mn from Jan 2003 (Median) to Nov 2021, with 227 observations. The data reached an all-time high of 13.531 USD mn in Dec 2018 and a record low of 1.154 USD mn in Jun 2012. Mexico Exports: United States: Nickel & Articles data remains active status in CEIC and is reported by Ministry of Economy. The data is categorized under Global Database’s Mexico – Table MX.JA013: Exports: by Country and Commodity: by 2 Digit HS Code: Ministry of Economy (Discontinued).
In April 2025, the agriculture and related private wage and salary workers industry had the highest unemployment rate in the United States, at eight percent. In comparison, government workers had the lowest unemployment rate, at 1.8 percent. The average for all industries was 3.9 percent. U.S. unemployment There are several factors that impact unemployment, as it fluctuates with the state of the economy. Unfortunately, the forecasted unemployment rate in the United States is expected to increase as we head into the latter half of the decade. Those with a bachelor’s degree or higher saw the lowest unemployment rate from 1992 to 2022 in the United States, which is attributed to the fact that higher levels of education are seen as more desirable in the workforce. Nevada unemployment Nevada is one of the states with the highest unemployment rates in the country and Vermont typically has one of the lowest unemployment rates. These are seasonally adjusted rates, which means that seasonal factors such as holiday periods and weather events that influence employment periods are removed. Nevada's economy consists of industries that are currently suffering high unemployment rates such as tourism. As of May 2023, about 5.4 percent of Nevada's population was unemployed, possibly due to the lingering impact of the coronavirus pandemic.
In 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.
This data package includes the underlying data to replicate the charts and calculations presented in The International Economic Implications of a Second Trump Presidency, PIIE Working Paper 24-20.
If you use the data, please cite as:
McKibbin, Warwick, Megan Hogan, and Marcus Noland. 2024. The International Economic Implications of a Second Trump Presidency. PIIE Working Paper 24-20. Washington: Peterson Institute for International Economics.
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Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to Apr 2025 about BOP, balance, headline figure, trade, goods, services, and USA.
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Mexico Exports: United States: Zinc & Articles data was reported at 23.688 USD mn in Nov 2021. This records a decrease from the previous number of 45.919 USD mn for Oct 2021. Mexico Exports: United States: Zinc & Articles data is updated monthly, averaging 19.268 USD mn from Jan 2003 (Median) to Nov 2021, with 227 observations. The data reached an all-time high of 62.030 USD mn in Oct 2006 and a record low of 7.261 USD mn in Mar 2016. Mexico Exports: United States: Zinc & Articles data remains active status in CEIC and is reported by Ministry of Economy. The data is categorized under Global Database’s Mexico – Table MX.JA013: Exports: by Country and Commodity: by 2 Digit HS Code: Ministry of Economy (Discontinued).
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Inflation Rate in the United States increased to 2.40 percent in May from 2.30 percent in April of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in East Asia decouples from the United States: Trade war, COVID-19, and East Asia’s new trade blocs, PIIE Working Paper 20-9.
If you use the data, please cite as: Petri, Peter A., and Michael G. Plummer. (2020). East Asia decouples from the United States: Trade war, COVID-19, and East Asia’s new trade blocs. PIIE Working Paper 20-9. Peterson Institute for International Economics.
The discovery of oil has had a huge impact on economics and politics within the Middle East, as well as the region’s relationship with the west and the way regional standards of living. Before the discovery of oil, fishing and pearling were the primary economic sectors of many Gulf States. After the discovery of oil and due to the immense value of oil, many Middle East countries made oil their economic focus, changing livelihood of their people in just a few decades. One example is Kuwait, whose economy focused mainly on fishing and pearling prior to the discovery of oil in 1934. Now, oil extraction and processing accounts for 50% of the country’s GDP, 90% of export earnings, and 75% of government revenues1. Typically, the more oil a country exports the less economically diverse it is. Booz & Company did a study to look at the economic diversity of the Gulf States, which are very oil-rich, in comparison to the rest of the world, and found that the economic diversity of the GCC (the countries of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) was much lower than that of European or other “western” states3. Since oil is a nonrenewable resource it will become important for these countries to diversify their economies and become independent of oil as reserve levels decline. Recently, attempts of economic diversification have been made in several oil diverse nations such as the aluminum smelting industry in Bahrain, Qatar, and the UAE, taken up as an attempt to diversify their economy6; however, the reason that the industry of aluminum smelting has grown in these counties is because aluminum smelting requires immense amounts of oil. Therefore, the economics of these counties is in reality not that diversified. The Export Diversity Index is defined as the number of prominent commodities a country exports. Goods made from the same derivative, such as crude oil and petroleum products, were categorized as belonging in the same industry for simplicity purposes. The data represented in the map was obtained from lists of each country's ten most lucrative exports, and the index ranges on a scale of 1 to 10 different exports4. We noticed that the countries with the greatest volume oil resources had the lowest score on the index because more goods they produced were related to the oil industry. The map of oil reserves gives a good visual representation of which Middle Eastern countries are the most oil-rich, and shows a high concentration of marks in the Gulf states, particularly the in the Persian Gulf where off-shore reserves are located. The countries with the lowest score on the index were Saudi Arabia (with a score of 2), Kuwait (4), Bahrain (2), and Qatar (2). It is interesting to note that although other countries may have high concentrations of certain resources within their borders it is only the oil-rich countries that have the lowest levels of export diversity. The only exceptions to this trend are countries with a government that has made particularly strong efforts to become less oil-reliant, such as the United Arab Emirates7. Although, we recognize that a country's economic diversity also accounts for its domestic economy, which generally relies heavily on the country's exports. Therefore this analysis concludes that the Export Diversity Index is an indicator of a country's economic index. The data we have compiled has implications for the future of many of the Gulf States, especially Saudi Arabia, as the international community attempts to wean itself off of fossil fuels.Amanda Doyle, March 2012WORKS CITED1.“Kuwait Economy”. Encycopedia of the Nations, Advameg, Inc. 2011. http://www.nationsencyclopedia.com/Asia-and-Oceania/Kuwait-ECONOMY.html.2.Burke, Edmund, and Yaghoubian, David N. Struggle and Survival in the Modern Middle East. 2nd ed. University of California Press: Berkley, CA, 2006.3.“Economic Diversification”. The Ideation Center. 2011. http://www.ideationcenter.com/home/ideation_article/economic_diversification.4."UN Data: Country Profile”. UN Division of Statistics, United Nations. 2011. http://data.un.org/CountryProfile.aspx5."USGS identifies potential giant oil and gas fields in Israel/Palestine”. EnerGeoPolitics. 2010. http://energeopolitics.com/2010/04/09/usgs-identifies-potential-giant-oil-and-gas-fields-in-israelpalestine/6. "A Summary of Existing and New-Buuild Smelters in the Middle East". Aluminium International Today. January /February 2009. http://www.improvingperformance.com/papers/Primary%20Article%20AIT.pdf.7. "UAE to Diversify Economy - To Reduce Dependence on Oil and Natural Gas Revenues". Oil Gas Articles. 2011. http://www.oilgasarticles.com/articles/416/2/UAE-to-Diversify-Economy---To-Reduce-Dependence-on-oil-and-Natural-Gas-Revenues/Page2.html?PHPSESSID=e10561d4a9d2cf87f64fbdeb2e00f65d.
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Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to Apr 2025 about savings, personal, rate, and USA.
Do narratives about the causes of inequality influence support for redistribution? Scholarship suggests that information about levels of inequality does not easily shift redistributive attitudes. We embed information about inequality within a commentary article depicting the economy as being rigged to advantage elites, a common populist narrative of both the left and right. Drawing on the media effects and political economy literatures, we expect articles employing narratives that portray inequality as the consequence of systemic unfairness to increase demands for redistribution. We test this proposition via an online survey experiment with 7,426 respondents in Australia, France, Germany, Switzerland, the United Kingdom, and the United States. Our narrative treatment significantly increases attitudes favoring redistribution in five of the countries. In the US the treatment has no effect. We consider several reasons for the non-result in the US – highlighting beliefs about government inefficiency – and conclude by discussing general implications of our findings.
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Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Median (FEDTARMD) from 2025 to 2027 about projection, federal, median, rate, and USA.
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Graph and download economic data for Economic Policy Uncertainty Index for United States (USEPUINDXD) from 1985-01-01 to 2025-06-25 about uncertainty, academic data, indexes, 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.