U.S. GDP for 2023 was 27.721 trillion US dollars, a 6.59% increase from 2022.

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<li>U.S. GDP for 2022 was <strong>26.007 trillion US dollars</strong>, a <strong>9.82% increase</strong> from 2021.</li>
<li>U.S. GDP for 2021 was <strong>23.681 trillion US dollars</strong>, a <strong>10.9% increase</strong> from 2020.</li>
<li>U.S. GDP for 2020 was <strong>21.354 trillion US dollars</strong>, a <strong>0.86% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 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.

U.S. economic growth for 2018 was $20,891, a 1.13% increase from 2018.

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<li>U.S. economic growth for 2018 was <strong>$20,658</strong>, a <strong>1.21% increase</strong> from 2018.</li>
<li>U.S. economic growth for 2018 was <strong>$20,412</strong>, a <strong>1.85% increase</strong> from 2018.</li>
<li>U.S. economic growth for 2018 was <strong>$20,041</strong>, a <strong>1.05% increase</strong> from 2017.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

In 2024, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.4 trillion U.S. dollars, whereas Mexico's amounted to almost two trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

CSI: Government Economic Policy: Good Job data was reported at 28.000 % in May 2018. This records a decrease from the previous number of 30.000 % for Apr 2018. CSI: Government Economic Policy: Good Job data is updated monthly, averaging 19.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 49.000 % in Mar 1999 and a record low of 4.000 % in Dec 2008. CSI: Government Economic Policy: Good Job 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 question was: As to the economic policy of the government -- I mean steps taken to fight inflation or unemployment -- would you say the government is going a good job, only fair, or a poor job?

In 2024, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 6.2 trillion U.S. dollars to the national GDP. Gross Domestic Product Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country. U.S. GDP California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.

The United States has, by far, the largest gross domestic product (GDP) of the G7 countries. Moreover, while the GDP of the other six countries fluctuated between 2000 and 2024, the U.S.' grew almost constantly, reaching an estimated 29.2 trillion U.S. dollars in 2024. The United States is also the world's largest economy ahead of China. Germany had the second largest economy of the G7 countries at around 4.7 trillion U.S. dollars.

In 2020, almost half of Americans believed that cash or money markets funds were the best financial defense against economic uncertainty. Only eight percent of Americans thought that index funds were good at providing necessary financial security. The COVID-19 pandemic has caused significant uncertainty and volatility across the global economy, and the majority of adults were uncertain about their country's ability to recover as of April 2020.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States GDPS: 2017p: Wisconsin data was reported at 357.337 USD bn in Dec 2024. This records an increase from the previous number of 356.725 USD bn for Sep 2024. United States GDPS: 2017p: Wisconsin data is updated quarterly, averaging 312.347 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 357.337 USD bn in Dec 2024 and a record low of 273.479 USD bn in Mar 2009. United States GDPS: 2017p: Wisconsin data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A073: NIPA 2023: GDP by State: Great Lakes Region: Chain Linked 2017 Price: saar.

United States GDPS: 2017p: MI: Government data was reported at 56.639 USD bn in Dec 2024. This records an increase from the previous number of 56.513 USD bn for Sep 2024. United States GDPS: 2017p: MI: Government data is updated quarterly, averaging 54.316 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 63.289 USD bn in Jun 2005 and a record low of 50.428 USD bn in Jun 2020. United States GDPS: 2017p: MI: Government data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A073: NIPA 2023: GDP by State: Great Lakes Region: Chain Linked 2017 Price: saar.

United States GDPS: 2017p: OH: Private Industries data was reported at 660.637 USD bn in Dec 2024. This records an increase from the previous number of 656.091 USD bn for Sep 2024. United States GDPS: 2017p: OH: Private Industries data is updated quarterly, averaging 561.598 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 660.637 USD bn in Dec 2024 and a record low of 477.440 USD bn in Jun 2009. United States GDPS: 2017p: OH: Private Industries data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A073: NIPA 2023: GDP by State: Great Lakes Region: Chain Linked 2017 Price: saar.

United States GDPS: saar: MI: Pvt: Educational Services data was reported at 4.314 USD bn in Jun 2018. This records a decrease from the previous number of 4.327 USD bn for Mar 2018. United States GDPS: saar: MI: Pvt: Educational Services data is updated quarterly, averaging 3.866 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 4.327 USD bn in Mar 2018 and a record low of 2.634 USD bn in Mar 2005. United States GDPS: saar: MI: Pvt: Educational Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A112: NIPA 2018: GDP by State: Great Lakes Region: Current Price: saar.

In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

United States GDPS: saar: MI: Pvt: EH: Educational Services data was reported at 5.159 USD bn in Dec 2024. This records an increase from the previous number of 5.099 USD bn for Sep 2024. United States GDPS: saar: MI: Pvt: EH: Educational Services data is updated quarterly, averaging 4.048 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 5.159 USD bn in Dec 2024 and a record low of 2.641 USD bn in Mar 2005. United States GDPS: saar: MI: Pvt: EH: Educational Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A072: NIPA 2023: GDP by State: Great Lakes Region: Current Price: saar.

Historical chart and dataset showing Brazil economic growth by year from 1960 to 2023.

United States CSI: Economic: Expected Business Condition: Next Yr: Good Times data was reported at 55.000 % in May 2018. This records an increase from the previous number of 49.000 % for Apr 2018. United States CSI: Economic: Expected Business Condition: Next Yr: Good Times data is updated monthly, averaging 44.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 77.000 % in Jan 2000 and a record low of 11.000 % in Apr 1980. United States CSI: Economic: Expected Business Condition: Next Yr: Good Times data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H028: Consumer Sentiment Index: Economic Conditions. The question was: Now turning to business conditions in the country as a whole -- do you think that during the next 12 months we'll have good times financially or bad times or what?

Graph and download economic data for Real Gross Domestic Product: Military in the Great Lakes BEA Region (GLAKGOVFEDMILRGSP) from 1997 to 2024 about Great Lakes BEA Region, military, GSP, federal, government, real, industry, GDP, and USA.

Nonemployer Statistics for Economics: National Ocean Watch (ENOW NES) contains annual time-series data for over 400 coastal counties, 30 coastal states, and the nation, derived from the United States Census Bureau. ENOW NES data report the number of nonemployer establishments and gross receipts, within the six sectors of the ocean and Great Lakes economy, .

The average for 2023 based on 183 countries was 26826 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Burundi: 829 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.