In December 2024, a public opinion survey found that only *** percent of Americans felt that the economy was in an excellent state. Of the Americans surveyed, ** percent considered the economy to be in a poor state.

Graph and download economic data for Government current expenditures: Economic affairs: Space (G160241A027NBEA) from 1959 to 2023 about outer space, economic affairs, expenditures, government, GDP, and USA.

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.

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.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

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.

United States CSI: Current Economic Condition data was reported at 112.300 1966=100 in Nov 2018. This records a decrease from the previous number of 113.100 1966=100 for Oct 2018. United States CSI: Current Economic Condition data is updated monthly, averaging 102.000 1966=100 from Jan 1978 (Median) to Nov 2018, with 491 observations. The data reached an all-time high of 121.200 1966=100 in Mar 2018 and a record low of 57.500 1966=100 in Nov 2008. United States CSI: Current Economic Condition data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s United States – Table US.H025: Consumer Sentiment Index.

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.

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

As of the third quarter of 2024, the GDP of the U.S. grew by 2.8 percent from the second 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.

U.S. gdp growth rate for 2023 was 2.89%, a 0.38% increase from 2022.

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

<li>U.S. gdp growth rate for 2022 was <strong>2.51%</strong>, a <strong>3.54% decline</strong> from 2021.</li>
<li>U.S. gdp growth rate for 2021 was <strong>6.06%</strong>, a <strong>8.22% increase</strong> from 2020.</li>
<li>U.S. gdp growth rate for 2020 was <strong>-2.16%</strong>, a <strong>4.75% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.

Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q1 2025 about per capita, real, GDP, and USA.

Graph and download economic data for Share of Labour Compensation in GDP at Current National Prices for United States (LABSHPUSA156NRUG) from 1950 to 2019 about compensation, labor, GDP, and USA.

United States Current Account (CA): saar: Gross Value Added data was reported at 19,931.717 USD bn in Mar 2018. This records an increase from the previous number of 19,699.332 USD bn for Dec 2017. United States Current Account (CA): saar: Gross Value Added data is updated quarterly, averaging 4,159.732 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 19,931.717 USD bn in Mar 2018 and a record low of 0.000 USD bn in Dec 1958. United States Current Account (CA): saar: Gross Value Added data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB073: Integrated Macroeconomic Accounts: Total Economy: Current Account.

GDP per capita (current US$) is an economic indicator that measures the average economic output per person in a country. It is calculated by dividing the total Gross Domestic Product (GDP) of a country by its population, both measured in current US dollars. GDP per capita provides a useful metric for comparing the economic well-being and living standards between different countries.

There are various sources where you can find GDP per capita data, including international organizations, government agencies, and financial institutions. Some prominent sources for GDP per capita data include:

1. World Bank: The World Bank provides comprehensive data on GDP per capita for countries around the world. They maintain the World Development Indicators (WDI) database, which includes GDP per capita figures for different years.

2. International Monetary Fund (IMF): The IMF also offers GDP per capita data through their World Economic Outlook (WEO) database. It provides economic indicators and forecasts, including GDP per capita figures for various countries.

3. National Statistical Agencies: Many countries have their own national statistical agencies that publish GDP per capita data. These agencies collect and analyze economic data, including GDP and population figures, to calculate GDP per capita.

4. Central Banks: In some cases, central banks may also provide GDP per capita data for their respective countries. They often publish economic indicators and reports that include GDP per capita figures.

When using GDP per capita data, it's important to note that it represents an average measure and does not necessarily reflect the distribution of wealth within a country. Additionally, GDP per capita figures are often adjusted for inflation to provide real GDP per capita, which accounts for changes in the purchasing power of money over time.

To access the most up-to-date and accurate GDP per capita data, it is recommended to refer to reputable sources mentioned above or consult the official websites of international organizations, government agencies, or central banks that specialize in economic data and analysis.

Graph and download economic data for Gross National Product (GNP) from Q1 1947 to Q1 2025 about GNP, GDP, and USA.

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.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

United States CA: saar: Less: Current Taxes on Income Paid data was reported at 2,307.353 USD bn in Sep 2018. This records an increase from the previous number of 2,270.081 USD bn for Jun 2018. United States CA: saar: Less: Current Taxes on Income Paid data is updated quarterly, averaging 488.894 USD bn from Dec 1951 (Median) to Sep 2018, with 268 observations. The data reached an all-time high of 2,413.667 USD bn in Sep 2017 and a record low of 0.000 USD bn in Dec 1958. United States CA: saar: Less: Current Taxes on Income Paid data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.AB073: Integrated Macroeconomic Accounts: Total Economy: Current Account.