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.

The Gross Domestic Product (GDP) in the United States expanded 3 percent in the second 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.

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

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.

In the third quarter of 2024, the Gross Domestic Product (GDP) in Algeria grew by *** percent compared to the same quarter of the previous year. Previously, the economy contracted due to the coronavirus (COVID-19) pandemic: In the second quarter of 2020, the GDP experienced the sharpest decline at minus **** percent.

Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q2 2025 about per capita, real, GDP, and USA.

During the third quarter of 2021, Italy's GDP volume increased by 2.2 percent compared to the previous quarter. In 2020, the highest loss was recorded between April and June 2020, when the gross domestic product dropped by 12.9 percent compared to the first quarter of 2020. In the summer of 2020, Italy's GDP volume grew by 15.9 percent, a significant recover when referring to the second quarter of 2020.

GDP Growth Annualized in Japan increased to 1 percent in the second quarter of 2025 from 0.60 percent in the first quarter of 2025. This dataset provides the latest reported value for - Japan GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for GDPNow (GDPNOW) from Q3 2011 to Q3 2025 about nowcast, projection, headline figure, GDP, rate, and USA.

The Gross Domestic Product (GDP) in Germany contracted 0.10 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

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

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

The Gross Domestic Product (GDP) in Canada expanded 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Gross Domestic Product (Euro/ECU Series) for United Kingdom (DISCONTINUED) (CLVMEURNSAB1GQUK) from Q1 1995 to Q3 2020 about United Kingdom, real, and GDP.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Key information about Israel Real GDP Growth

• The Gross Domestic Product (GDP) in Israel expanded 2.5 % YoY in Dec 2022, following a growth of 5.8 % in the previous quarter.
• Real GDP Growth YoY data in Israel is updated quarterly, available from Mar 1996 to Dec 2022, with an average rate of 4.3 %.
• The data reached an all-time high of 15.4 % in Jun 2021 and a record low of -8.1 % in Jun 2020.

• In the latest reports, Nominal GDP of Israel reached 133.4 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 4.8 % in Dec 2022.
• GDP Per Capita in Israel reached 54,724.6 USD in Dec 2022.
• Its Gross Savings Rate was measured at 31.5 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 27.4 % in Dec 2022.
• Public Consumption accounted for 20.5 % in Dec 2022.
• Private Consumption accounted for 47.9 % in Dec 2022.

Economic growth, quarterly in the Philippines, June, 2025 The most recent value is 1.5 percent as of Q2 2025, an increase compared to the previous value of 1.25 percent. Historically, the average for the Philippines from Q2 2000 to Q2 2025 is 1.23 percent. The minimum of -13.85 percent was recorded in Q2 2020, while the maximum of 6.89 percent was reached in Q3 2020. | TheGlobalEconomy.com

In Norway, the gross domestic product (GDP) increased by 4.4 percent in the last quarter of 2023 compared to the same quarter the previous year. In the second quarter of 2020, directly after the outbreak of COVID-19, the growth rate fell by almost 10 percent compared to 2019. The GDP of Norway had a positive growth rate from the third quarter of 2020 until the third quarter of 2022, before decreasing in the end of 2022 and through much of 2023.