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The Gross Domestic Product (GDP) in the United States expanded 2 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
As of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth 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.
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The Gross Domestic Product (GDP) in Brazil expanded 2.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Brazil GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The gross domestic product (GDP) of all G7 countries decreased sharply in 2009 and 2020 due to the financial crisis and COVID-19 pandemic, respectively. The growth decline was heavier after the COVID-19 pandemic than the financial crisis. Moreover, Italy had a negative GDP growth rate in 2012 and 2013 following the euro crisis. In 2023, Germany experienced an economic recession.
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The Gross Domestic Product (GDP) in Argentina expanded 6.30 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Argentina GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about US Nominal GDP Growth
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.
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The Gross Domestic Product (GDP) in Taiwan expanded 8.01 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Taiwan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The latest data from show economic growth of 1.6 percent,
which is an increase from the rate of growth of 0.7 percent in the previous quarter and
an increase compared to the growth rate of 0.5 percent in the same quarter last year.
The economic growth time series for Sweden cover the period from...
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.
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The latest data from show economic growth of 5.2 percent,
which is a decrease from the rate of growth of 5.4 percent in the previous quarter and
an increase compared to the growth rate of 4.7 percent in the same quarter last year.
The economic growth time series for China cover the period from...
In most years since 1980, global GDP growth has been relatively consistent, generally fluctuating between two and five percent growth from year to year. The most notable exceptions to this were during the Great Recession in 2009, and again in 2020 during the Covid-19 pandemic, where the global economy actually shrank in both of these years. As the world economy continues to deal with the economic impact of the pandemic, as well as the fallout from Russia's invasion of Ukraine in 2022, the future remains uncertain, however current estimates suggest that annual growth will return to steady figures of around 3 percent in 2029.
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The latest data from show economic growth of 1.5 pour cent,
which is a decrease from the rate of growth of 1.6 pour cent in the previous quarter and
an increase compared to the growth rate of 0.5 pour cent in the same quarter last year.
The economic growth time series for cover the period from...
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Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median (GDPC1MDLR) from 2015-06-17 to 2025-09-17 about projection, median, real, GDP, rate, and USA.
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The latest data from show economic growth of 0.2 percent,
which is a decrease from the rate of growth of 1 percent in the previous quarter and
an increase compared to the growth rate of -0.7 percent in the same quarter last year.
The economic growth time series for Finland cover the period from...
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The Gross Domestic Product (GDP) in Sweden expanded 1.40 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Sweden GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Historical dataset showing Central America gdp growth rate by year from N/A to N/A.
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The Gross Domestic Product (GDP) In the Euro Area expanded 1.50 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Series Name: Annual growth rate of real GDP per capita (percent)Series Code: NY_GDP_PCAPRelease Version: 2020.Q2.G.03 This dataset is the part of the Global SDG Indicator Database compiled through the UN System in preparation for the Secretary-General's annual report on Progress towards the Sustainable Development Goals.Indicator 8.1.1: Annual growth rate of real GDP per capitaTarget 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countriesGoal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allFor more information on the compilation methodology of this dataset, see https://unstats.un.org/sdgs/metadata/
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Key information about Spain Real GDP Growth
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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The Gross Domestic Product (GDP) in the United States expanded 2 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.