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 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.

Historical chart and dataset showing U.S. GDP by year from 1960 to 2023.

Unemployment Rate in the United States decreased to 4.10 percent in June from 4.20 percent in May of 2025. 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.

The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, 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 35.07 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.

Flows Into Unemployment: Employed data was reported at 1,319.000 Person th in Sep 2018. This records a decrease from the previous number of 1,799.000 Person th for Aug 2018. Flows Into Unemployment: Employed data is updated monthly, averaging 1,788.500 Person th from Feb 1990 (Median) to Sep 2018, with 344 observations. The data reached an all-time high of 3,435.000 Person th in Jan 2009 and a record low of 1,137.000 Person th in May 2018. Flows Into Unemployment: Employed data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G012: Current Population Survey: Labour Force Status Flows.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q1 2025 about GDP and USA.

Graph and download economic data for Government current expenditures: State and local: Education: Elementary and secondary (G161081A027NBEA) from 1959 to 2023 about elementary, state & local, secondary, expenditures, education, government, GDP, and USA.

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.

Graph and download economic data for Government current expenditures: State and local: Public order and safety: Fire (G160861A027NBEA) from 1959 to 2023 about safety, state & local, expenditures, government, GDP, and USA.

Flows Into Unemployment: sa: Female: Unemployed data was reported at 1,347.000 Person th in Jun 2018. This records an increase from the previous number of 1,279.000 Person th for May 2018. Flows Into Unemployment: sa: Female: Unemployed data is updated monthly, averaging 1,794.000 Person th from Feb 1990 (Median) to Jun 2018, with 341 observations. The data reached an all-time high of 3,896.000 Person th in Oct 2009 and a record low of 1,043.000 Person th in Nov 1999. Flows Into Unemployment: sa: Female: Unemployed data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G012: Current Population Survey: Labour Force Status Flows.

Graph and download economic data for Unemployment Level - 20 Yrs. & over (LNS13000024) from Jan 1948 to May 2025 about 20 years +, household survey, unemployment, and USA.

United States - Government current expenditures: State and local: Economic affairs: Other economic affairs: Other was -0.60800 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Government current expenditures: State and local: Economic affairs: Other economic affairs: Other reached a record high of 0.32000 in January of 2004 and a record low of -0.60800 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Government current expenditures: State and local: Economic affairs: Other economic affairs: Other - last updated from the United States Federal Reserve on June of 2025.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for State and Local government current transfer payments (NA000294Q) from Q1 1947 to Q1 2025 about transfers, state & local, payments, government, GDP, and USA.

Graph and download economic data for State and local government current tax receipts: Personal current taxes: Income taxes (B245RC1Q027SBEA) from Q1 1958 to Q1 2025 about state & local, receipts, tax, government, personal, income, GDP, and USA.

United States Flows Into Unemployment: Unemployed data was reported at 2,740.000 Person th in Oct 2018. This records a decrease from the previous number of 2,777.000 Person th for Sep 2018. United States Flows Into Unemployment: Unemployed data is updated monthly, averaging 4,123.000 Person th from Feb 1990 (Median) to Oct 2018, with 345 observations. The data reached an all-time high of 10,801.000 Person th in Feb 2010 and a record low of 2,104.000 Person th in Jun 2000. United States Flows Into Unemployment: Unemployed data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G012: Current Population Survey: Labour Force Status Flows.

CSI: Economic: Current Business Condition: 1Yr Ago: Better Now data was reported at 60.000 % in May 2018. This records an increase from the previous number of 58.000 % for Apr 2018. CSI: Economic: Current Business Condition: 1Yr Ago: Better Now data is updated monthly, averaging 45.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 75.000 % in Jan 1984 and a record low of 2.000 % in Jan 2009. CSI: Economic: Current Business Condition: 1Yr Ago: Better Now 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: Would you say that at the present time business conditions are better or worse than they were a year ago?

Flows Into Not in Labour Force: sa: Employed data was reported at 4,571.000 Person th in Jun 2018. This records an increase from the previous number of 4,404.000 Person th for May 2018. Flows Into Not in Labour Force: sa: Employed data is updated monthly, averaging 3,759.000 Person th from Feb 1990 (Median) to Jun 2018, with 341 observations. The data reached an all-time high of 5,206.000 Person th in Oct 2017 and a record low of 2,869.000 Person th in Apr 1992. Flows Into Not in Labour Force: sa: Employed data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G012: Current Population Survey: Labour Force Status Flows.

United States Employment: Management, Business & Financial Operations data was reported at 25,231.000 Person th in Jun 2018. This records a decrease from the previous number of 25,784.000 Person th for May 2018. United States Employment: Management, Business & Financial Operations data is updated monthly, averaging 19,605.000 Person th from Jan 1983 (Median) to Jun 2018, with 426 observations. The data reached an all-time high of 25,992.000 Person th in Mar 2018 and a record low of 11,609.000 Person th in Feb 1983. United States Employment: Management, Business & Financial Operations data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G013: Current Population Survey: Employment.