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.

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.

This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.

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, 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.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

By April 2026, it is projected that there is a probability of ***** percent that the United States will fall into another economic recession. This reflects a significant decrease from the projection of the preceding month.

This statistic shows the Economic Confidence Index, created by Gallup, on a monthly basis for the ongoing year. The survey is conducted doing weekly telephone interviews among approx. 2,499 adults in the U.S. The graph shows the results for the first update each month to depict an annual trend. The Index is computed by adding the percentage of Americans rating current economic conditions to the percentage saying the economy is (getting better minus getting worse), and then dividing that sum by 2. The Index has a value between null and +100. In December 2017, the U.S. Economic Confidence Index stood at 8.

Graph and download economic data for Government Current Expenditures (GEXPND) from Q1 1947 to Q1 2025 about expenditures, government, GDP, and USA.

Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q1 2025 about public, debt, federal, government, and USA.

Graph and download economic data for Current Account Balance: Total Trade of Goods for the United States (DISCONTINUED) (BPBLTD01USA637S) from 1960 to 2013 about current account, BOP, trade, goods, and USA.

Merchandise imports by the reporting economy (current US$) in Trinidad and Tobago was reported at 8921308654 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Trinidad and Tobago - Merchandise imports by the reporting economy - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 3.95 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.

In 2023, the real gross domestic product (GDP) of California was 3.23 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.23 trillion U.S. dollars.

Merchandise exports by the reporting economy (current US$) in Trinidad and Tobago was reported at 7606199527 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Trinidad and Tobago - Merchandise exports by the reporting economy - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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

United States CA: saar: NNI: PI: Reinvested Earnings on US Direct Invt Abroad data was reported at -740.727 USD bn in Mar 2018. This records a decrease from the previous number of 352.446 USD bn for Dec 2017. United States CA: saar: NNI: PI: Reinvested Earnings on US Direct Invt Abroad data is updated quarterly, averaging 0.000 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 352.446 USD bn in Dec 2017 and a record low of -740.727 USD bn in Mar 2018. United States CA: saar: NNI: PI: Reinvested Earnings on US Direct Invt Abroad 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.

United States CA: saar: Plus: Other Current Transfers Received data was reported at 864.129 USD bn in Mar 2018. This records an increase from the previous number of 834.249 USD bn for Dec 2017. United States CA: saar: Plus: Other Current Transfers Received data is updated quarterly, averaging 201.663 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 6,053.000 USD bn in Dec 1958 and a record low of 5.267 USD bn in Mar 1959. United States CA: saar: Plus: Other Current Transfers Received 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.

Ukraine: Gross Domestic Product, billions of U.S. dollars: The latest value from 2023 is 178.76 billion U.S. dollars, an increase from 161.99 billion U.S. dollars in 2022. In comparison, the world average is 569.16 billion U.S. dollars, based on data from 184 countries. Historically, the average for Ukraine from 1987 to 2023 is 102.13 billion U.S. dollars. The minimum value, 31.58 billion U.S. dollars, was reached in 1999 while the maximum of 199.77 billion U.S. dollars was recorded in 2021.

United States CA: saar: NVA: Compensation of Employees (COE) data was reported at 10,622.048 USD bn in Mar 2018. This records an increase from the previous number of 10,485.714 USD bn for Dec 2017. United States CA: saar: NVA: Compensation of Employees (COE) data is updated quarterly, averaging 3,628.984 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 272,783.000 USD bn in Dec 1958 and a record low of 280.305 USD bn in Mar 1959. United States CA: saar: NVA: Compensation of Employees (COE) 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.