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.

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.

Description: This dataset contains historical economic data spanning from 1871 to 2024, used in Jaouad Karfali’s research on Economic Cycle Analysis with Numerical Time Cycles. The study aims to improve economic forecasting accuracy through the 9-year cycle model, which demonstrates superior predictive capabilities compared to traditional economic indicators.

Dataset Contents: The dataset includes a comprehensive range of economic indicators used in the research, such as:

USGDP_1871-2024.csv – U.S. Gross Domestic Product (GDP) data. USCPI_cleaned.csv – U.S. Consumer Price Index (CPI), cleaned and processed. USWAGE_1871-2024.csv – U.S. average wages data. EXCHANGEGLOBAL_cleaned.csv – Global exchange rates for the U.S. dollar. EXCHANGEPOUND_cleaned.csv – U.S. dollar to British pound exchange rates. INTERESTRATE_1871-2024.csv – U.S. interest rate data. UNRATE.csv – U.S. unemployment rate statistics. POPTOTUSA647NWDB.csv – U.S. total population data. Significance of the Data: This dataset serves as a foundation for a robust economic analysis of the U.S. economy over multiple decades. It was instrumental in testing the 9-year economic cycle model, which demonstrated an 85% accuracy rate in economic forecasting when compared to traditional models such as ARIMA and VAR.

Applications:

Economic Forecasting: Predicts a 1.5% decline in GDP in 2025, followed by a gradual recovery between 2026-2034. Economic Stability Analysis: Used for comparing forecasts with estimates from institutions like the IMF and World Bank. Academic and Institutional Research: Supports studies in economic cycles and long-term forecasting. Source & Further Information: For more details on the methodology and research findings, refer to the full paper published on SSRN:

https://ssrn.com/author=7429208 https://orcid.org/0009-0002-9626-7289

• Jaouad Karfali

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

This statistic shows the revenue of the industry “Pharmaceutical preparations manufacturing“ in Mexico from 2012 to 2018, with a forecast to 2024. It is projected that the revenue of Pharmaceutical preparations manufacturing in Mexico will amount to approximately 6,4 billion U.S. Dollars by 2024.

The statistic shows the growth of the real gross domestic product (GDP) in Switzerland from 2020 to 2024, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a change in it is a sign of economic growth. In 2024, the GDP in Switzerland grew by about 1.27 percent compared to the previous year. Switzerland's economy Switzerland holds one of the steadiest and secure economies in the world, enticing international investors as well as the world’s richest to deposit their money within the country. Switzerland’s relatively low population is highly educated and specialized in the workforce, something that essentially leads to a prosperous economy. In addition to its workforce earning some of the highest salaries in the world, Switzerland maintained one of the lowest unemployment rates in the Europe, despite being affected by the 2008 financial crisis. With higher wages and specialized jobs, economic growth as well as production within the country continued to grow, a fact most evident through values of GDP. As a result, Switzerland’s gross domestic product per capita was ranked among one of the highest in the world. However, economic growth did not occur too rapidly and wages were set at a reasonable controllable amount, which allowed Switzerland to maintain a low inflation rate.

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Lebanon: Economic growth forecast: The latest value from 2024 is -7.5 percent, a decline from -0.7 percent in 2023. In comparison, the world average is 3.23 percent, based on data from 186 countries. Historically, the average for Lebanon from 1980 to 2024 is 2.16 percent. The minimum value, -42.2 percent, was reached in 1989 while the maximum of 44.48 percent was recorded in 1984.

This statistic shows the real gross domestic product (GDP) growth rate in Italy 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, Italy's real GDP increased by about 0.73 percent compared to the previous year. Italy's national debt Italy’s economy is a developed industrial economy that ranks as one of the largest in the world. A large and efficient economy has helped Italy attain a spot as a member of the G7 and G8, as well as the European Union. After the Second World War, Italy experienced a significant economic boost due to support from the ‘’Free World’’, which is a term used to identify non-communist countries during the Cold War. But several decades of economic growth came to an end after the 2008 recession; from roughly 2007 to 2011, the Italian’s encountered multiple setbacks that shrunk the national economy and dramatically affected the country as a whole. Debt became a major problem and Italy saw annual national debt growth primarily due to the country’s inability to maintain its budget properly as well as an overall decrease in GDP. As a result, investors often questioned the country’s ability to pay off its debts without incurring further debt, particularly due to the country’s large debt-to-GDP ratio, which remains one of the highest in the world.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

In 2024, the German economy shrunk by 0.2 percent. This was due to persistently high inflation that was triggered by the start of the Russia-Ukraine war in 2022. In 2025 and 2026, the economy is predicted to begin growing again.

Albania DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue: Current data was reported at 28.177 % in 2026. This records an increase from the previous number of 27.865 % for 2025. Albania DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue: Current data is updated yearly, averaging 27.865 % from Dec 2024 (Median) to 2026, with 3 observations. The data reached an all-time high of 28.177 % in 2026 and a record low of 27.680 % in 2024. Albania DG ECFIN Forecast: General Government Budget: % of Nominal GDP: Revenue: Current data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s Albania – Table AL.DG ECFIN.AMECO: General Government Budget: % of Nominal GDP: Forecast.

In 2024, the output of the business services franchise industry reached *** billion U.S. dollars. The economic output of the business services franchise industry in the United States increased by approximately ** percent between 2013 and 2019, reaching *** billion U.S. dollars. In 2020, however, the sector suffered due to the COVID-19 and the output it generated fell to **** billion U.S. dollars.

The growth of the Danish gross domestic product (GDP) in 2020 was minus 2.1 percent. This is due to the outbreak of the coronavirus (COVID-19). However, the GDP recovered in 2021, growing by almost five percent. Denmark's GDP was forecast to grow by two percent in 2024.

In 2024, the annual growth rate of the real gross domestic product (GDP) in Taiwan amounted to approximately 4.6 percent. 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. GDP development in Taiwan The GDP of Taiwan displayed a comparatively stable development over the last decade with growth rates averaging 3.3 percent between 2014 and 2024. This strong economic performance was mainly due to the successful development of high-tech industries, especially in the electronics sector, and the firm integration into global value chains. The industrial sector of Taiwan is still comparatively large and produces many intermediate products for the global market. Despite the island’s small size, Taiwan is among the leading exporters and has one of the highest trade surpluses in the world. GDP per capita reached around 32,400 U.S. dollars in 2023. Current economic development Taiwan was among few to be able to maintain strong economic growth during the global spread of the coronavirus pandemic in 2020 and 2021. At the end of 2022, the country was hit by the global economic downturn, and quarterly GDP growth dropped to -3.5 percent in the first quarter of 2023. However, the economy rebounded quickly and returned to positive growth in the second quarter.

This statistic shows the revenue of the industry “Integrated circuits“ in Japan from 2012 to 2018, with a forecast to 2024. It is projected that the revenue of Integrated circuits in Japan will amount to approximately 35,3 billion U.S. Dollars by 2024.

In 2024, the growth of the real gross domestic product (GDP) in South Africa was estimated at about 0.58 percent. Between 1980 and 2024, the figure dropped by approximately 6.04 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the growth will steadily grow by around 1.23 percentage points from 2024 to 2030.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

This statistic shows the revenue of the industry “Non-ferrous metal (except aluminum) smelting and refining“ in Canada from 2012 to 2018, with a forecast to 2024. It is projected that the revenue of Non-ferrous metal (except aluminum) smelting and refining in Canada will amount to approximately 11,4 billion U.S. Dollars by 2024.