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.

View quarterly updates and historical trends for US GDP QoQ. from United States. Source: Bureau of Economic Analysis. Track economic data with YCharts ana…

The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

In the first quarter of 2025, the GDP of the United States was two percent higher compared to the first quarter of 2024. The gross domestic product refers to the market value of all final goods and services produced in a country within a given period.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint (GDPC1CTMLR) from 2009-02-18 to 2025-09-17 about projection, real, GDP, rate, and USA.

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.

In 2023, the real gross domestic product (GDP) of Maryland increased by 1.6 percent when compared to the previous year. 2021 saw the largest year for growth since 2000. The shrinkage of Maryland's GDP in 2020 can be attributed to the COVID-19 pandemic.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q2 2025 about GDP and USA.

Graph and download economic data for FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low (GDPC1CTL) from 2025 to 2028 about projection, real, GDP, rate, and USA.

United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

The United States gross domestic product (GDP) was forecast to reach over 30.1 trillion U.S. dollars in 2025. Furthermore, by 2035, it is expected to surpass 43.9 trillion U.S. dollars. GDP refers to the market value of all final goods and services produced within a country in a given period.

GDP per capita growth (annual %) in United States was reported at 1.7974 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

View monthly updates and historical trends for US Monthly Real GDP. from United States. Source: Macroeconomic Advisers. Track economic data with YCharts a…

View quarterly updates and historical trends for US GDP. from United States. Source: Bureau of Economic Analysis. Track economic data with YCharts analyti…

This dataset contains historical quarterly data for the U.S. Real Gross Domestic Product, from the first quarter of 1947 to the Q2 2023. Real GDP is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, expressed in base-year prices, and is often considered an indicator of a country's standard of living.

The dataset has two columns:

Date: The end of the respective quarter (in MM/DD/0YYYY format). Value: The Real GDP at the end of the respective quarter.

Inspiration: Real GDP is a comprehensive measure of U.S. economic activity and a key tool for economic decision-making and forecasting. Real GDP is used by economists, policy-makers, researchers, and investors to understand the growth and performance of the U.S. economy over time.

Usability: The Real GDP data can be used for a variety of purposes:

Economic Analysis: It can be used for macroeconomic analysis and forecasting. Policy Understanding: It can help understand the impact and effectiveness of economic policies implemented by the U.S. government. Investment Analysis: GDP growth impacts financial markets, and this data can help investors understand and forecast market trends. Education: It can be used in classrooms for teaching economics, finance, and related disciplines.

Graph and download economic data for Real Potential Gross Domestic Product (GDPPOT) from Q1 1949 to Q4 2035 about projection, real, GDP, and USA.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States (USAGDPRQPSMEI) from Q1 1948 to Q2 2025 about real, GDP, rate, and USA.

In 2023, the real gross domestic product of New Jersey increased by *** percent compared to the previous year. The state's real GDP experienced the most growth in 2021, when the GDP grew by *** percent when compared to the previous year. The shrinkage of the state's GDP in 2020 can be attributed to the COVID-19 pandemic.

United States US: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 0.968 % in 2016. This records a decrease from the previous number of 1.332 % for 2015. United States US: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 1.566 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 4.928 % in 1985 and a record low of -2.654 % in 2011. United States US: GDP: Growth: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;