This statistic shows the average annual change in real GDP per capita in the United States from President Hoover to Obama, as of 2011. The biggest economic growth happened during Franklin D. Roosevelt's presidency. The Real Gross Domestic Product per capita increased by 5.25 percent each year.

Additional information on President Barack Obama’s first term economic policy performance

“It’s the economy, stupid” as the now famous saying by former President Bill Clinton goes is often used to demonstrate the importance continuants place on the economy’s performance. Appointed to President of the United States in 2008, President Obama entered the job in the early stages of a global economic crisis. The unemployment rate in the United States since 1990 demonstrates that Obama oversaw a reduction in unemployment rate since an initially sharp increase to over 9 percent in 2009 and 2010. Prior to the reduction, public approval of President Obama and the Republicans in congress in handling the economy shows that the public’s trust in Obama waned from 61 percent in February 2009 to 42 percent in November 2011. The fluctuation of America’s economy meant that Obama’s first term saw him reach an average of 76 thousand private sector jobs created per month as of June 2012, leaving him sixth in private sector job creation on the list of post-war presidents.

As leader of the most economically influential country on the planet, praise and criticism of Obama’s economic performance is also a global issue. In 2012, opinion on Obama’s management of global economic issues by country demonstrates the variety in opinion held in and across countries. While countries such as Britain and Germany whose economies appeared to be recovering held Obama’s economic policy in a positive light, opinion was more negative in Egypt and Greece were the economic situation was less optimistic.

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 2023 the real gross domestic product (GDP) of the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.

What does GDP growth mean?

Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.

Countries with highest GDP growth rate

Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

This data package includes the underlying data to replicate the charts and calculations presented in The International Economic Implications of a Second Trump Presidency, PIIE Working Paper 24-20.

If you use the data, please cite as:

McKibbin, Warwick, Megan Hogan, and Marcus Noland. 2024. The International Economic Implications of a Second Trump Presidency. PIIE Working Paper 24-20. Washington: Peterson Institute for International Economics.

Adding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them. Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around **** trillion U.S. dollars, or ****** percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than ** million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.

Key information about Tajikistan Real GDP Growth

• The Gross Domestic Product (GDP) in Tajikistan expanded 8.4 % YoY in Dec 2024, following a growth of 8.4 % in the previous quarter.
• Real GDP Growth YoY data in Tajikistan is updated quarterly, available from Mar 2000 to Dec 2024, with an average rate of 7.3 %.
• The data reached an all-time high of 12.6 % in Sep 2004 and a record low of 2.7 % in Sep 2009.

• In the latest reports, Nominal GDP of Tajikistan reached 2.2 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.5 % in Mar 2023.
• GDP Per Capita in Tajikistan reached 1,131.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 37.9 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 35.5 % in Dec 2022.
• Public Consumption accounted for 10.1 % in Dec 2022.
• Private Consumption accounted for 87.6 % in Dec 2022.

This data package includes the underlying data to replicate the charts, tables, and calculations presented in The US Revenue Implications of President Trump’s 2025 Tariffs, PIIE Briefing 25-2.

If you use the data, please cite as:

McKibbin, Warwick, and Geoffrey Shuetrim. 2025. The US Revenue Implications of President Trump’s 2025 Tariffs. PIIE Briefing 25-2. Washington: Peterson Institute for International Economics.

The Politbarometer has been conducted since 1977 on an almost monthly basis by the Research Group for Elections (Forschungsgruppe Wahlen) for the Second German Television (ZDF). Since 1990, this database has also been available for the new German states. The survey focuses on the opinions and attitudes of the voting population in the Federal Republic on current political topics, parties, politicians, and voting behavior. From 1990 to 1995 and from 1999 onward, the Politbarometer surveys were conducted separately in the eastern and western federal states (Politbarometer East and Politbarometer West). The separate monthly surveys of a year are integrated into a cumulative data set that includes all surveys of a year and all variables of the respective year. The Politbarometer short surveys, collected with varying frequency throughout the year, are integrated into the annual cumulation starting from 2003.

As of 2022, former President Bill Clinton was the president who created the most jobs in the United States, at **** million jobs created during his eight year term in office. Former President Ronald Reagan created the second most jobs during his term, at **** million.

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

Recent efforts by Baker, Bloom, and Davis (2013) make it possible to evaluate whether changes in economic policy uncertainty have any bearing on the actions taken by political officials. This current project assesses whether economic policy uncertainty in the United States compels the U.S. president to increase the linguistic and substantive simplicity of public remarks. In an attempt to either decrease rising economic policy uncertainty, or stop the occurrence of economic policy uncertainty altogether, the president can choose to discuss issues in a very simple way. Time series analyses of monthly information spanning between 1993 and 2013 indicate that an increase in the economic policy uncertainty index results in an increase in presidential rhetorical simplicity. This provides an initial indication that the rhetorical strategy of linguistic and substantive simplicity employed by presidents can be shaped by economic conditions.

Key information about Tajikistan Nominal GDP Growth

• Tajikistan Nominal GDP Growth was reported at 23.985 % in Dec 2024.
• This records an increase from the previous number of 14.709 % for Sep 2024.
• Tajikistan Nominal GDP Growth data is updated quarterly, averaging 24.356 % from Mar 1994 to Dec 2024, with 124 observations.
• The data reached an all-time high of 950.000 % in Mar 1994 and a record low of -17.284 % in Sep 2013.
• Tajikistan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

The Gross Domestic Product (GDP) in Mexico expanded 0.80 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Mexico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Replication files and appendices for, "Loyalists and Switchers: Characterizing Voters’ Responses to Donald Trump’s Campaign and Presidency." Abstract: Despite characterizations of the American electorate as rooted in immovable partisan loyalties, a crucial segment of voters shift their support to or away from an incumbent president. For example, Donald Trump’s campaign won support from a slice of voters who had previously backed Barack Obama, arguably through Trump’s appeals on immigration, economic growth, populist reform, and strong leadership. Other voters rejected Trump’s rhetoric and were not persuaded by his promises. Using two original surveys, we ask what opinions and perceptions characterize voters who remained loyal in their support for or opposition to Trump from the 2016 election into his presidency, and how their views compare with the views of voters who abandoned their previous support or opposition. We find that loyalty and switching cannot be explained by demographic characteristics; instead, particular sets of attitudes on race and immigration, populism and authoritarianism, and the nation’s and their own economic well-being are all associated with loyalty to and switching from this divisive president. Our findings suggest that voters’ support for incumbents is conditioned by issue attitudes and experience; switchers’ views reveal a lot about the strengths and vulnerabilities of a president.

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.

The Gross Domestic Product (GDP) in Philippines expanded 5.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Philippines GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Tajikistan GDP Deflator Growth

• Tajikistan GDP deflator (implicit price deflator) increased 9.7 % in Sep 2022, compared with an increase of 7.8 % in the previous quarter.
• Tajikistan GDP Deflator Growth data is updated quarterly, available from Mar 2000 to Sep 2022, with an average rate of 11.6 %.
• The data reached an all-time high of 53.4 % in Mar 2001 and a record low of -0.6 % in Mar 2021.

• In the latest reports, Tajikistan GDP expanded 7.8 % YoY in Sep 2022.
• Its Nominal GDP reached 3.6 USD bn in Dec 2022.
• Tajikistan GDP Per Capita reached 1,131.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 31.0 % in Dec 2020.

Iran’s gross domestic product (GDP) inclined by 3.33 percent in 2020 after adjusting for inflation. This figure fell from 13.4 percent growth four years ago, which had been a reaction to sanctions lifting after the Joint Comprehensive Plan of Action (JPCOA) regarding Iran’s nuclear program. United States president Donald Trump ended that country’s participation in the deal, imposing new sanctions.

Political influence on the economy

Political tensions have hampered the economy of Iran, keeping growth low in spite of the country’s considerable oil reserves. The effect of these sanctions becomes obvious when looking at Iran’s oil exports to Europe over the past decade. Some analysts have blamed the new sanctions for the increase in Iran’s inflation rate, as well as the currency depreciation that has accompanied it.

Iran’s options

Although Iran’s main export partners are largely in Asia, many of the transactions are carried out using U.S. dollars. Even though other means of payment are possible, some countries worry about political ramifications of continuing trade relations with Iran. Iran’s greatest strength at the moment may be its low national debt, meaning that it can borrow a substantial amount of money if it can find a willing lender. However, given the instability of the political situation worldwide and regionally, it is difficult to assume that such a borrower exists at the moment.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to a poll conducted at the end of 2022, Americans were feeling quite pessimistic about the coming year. 90 percent of Americans felt negatively about the prospect of political conflict in 2023.

The Economy 2022 was a difficult year for many Americans, as it was for many around the world. After a year of high inflation, record fuel prices, and decreased financial security, the country greeted 2023 with high rates of skepticism and caution. Although the U.S. economy itself has experienced a strong rebound from the pandemic recession compared with other major economies, a sustained decline in consumer spending power thanks to wage growth not keeping pace with inflation has everyday Americans feeling the pinch.

U.S. political landscape The political scene in the U.S. also had a tumultuous few years in the lead up to 2023. The election of Donald Trump as the 45th President of the United States in 2016 left many voters reeling and the country more divided than ever. The beginning of 2021 was market by the January 6th attack on the Capitol, as well as the inauguration of Joe Biden. Additionally, the country continued to grapple with a politicized response to the COVID-19 pandemic and associated restrictions. 2022 began with the Russian invasion of Ukraine, ushering in the beginning of a global fuel and inflation crisis. In the midst of hardening economic conditions, the Supreme Court overturned its ruling on Roe v. Wade, returning the power to decide abortion restrictions to state legislatures.

The 2022 midterm elections saw Republicans win enough seats to take back control of the House of Representatives, but saw the GOP ultimately underperform compared to predictions at the time. The first day of the 2023 congressional term was marked by the inability of the Republican Party to unify itself behind one candidate for Speaker of the House, leading to a once in a century multi-round of Speaker elections. With new members of the House not able to be sworn in until a Speaker is elected, 2023 had a difficult start.