In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20.7 percent. The construction industry contributed around four percent of GDP in the same year.
In 2021, the agriculture sector contributed around 0.94 percent to the Gross Domestic Product (GDP) of the United States. In that same year, 17.61 percent came from industry, and the service sector contributed the most to the GDP, at 76.4 percent.
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This table contains 52 series, with data for years 1947 - 2009 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: United States ...) Components (15 items: Total gross national product; Total gross domestic product; Gross domestic product; business; Gross domestic product; business; non-farm ...) Prices (4 items: Current prices; 1992 constant prices; Chained (2000) dollars; Chained (1996) dollars ...).
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United States US: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 1.014 % in 2016. This records a decrease from the previous number of 1.070 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 1.139 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 1.380 % in 2013 and a record low of 0.969 % in 2002. United States US: GDP: % of GDP: Gross Value Added: Agriculture 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: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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United States US: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 41.166 % in 2015. This stayed constant from the previous number of 41.166 % for 2014. United States US: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 49.199 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 51.786 % in 1998 and a record low of 38.398 % in 1996. United States US: GDP: % of Manufacturing: Medium and High Tech Industry 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: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;
In 2023, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 5.66 trillion U.S. dollars to the national GDP.
Gross Domestic Product
Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country.
U.S. GDP
California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.
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Graph and download economic data for Gross Domestic Product: All Industry Total in the United States (USNQGSP) from Q1 2005 to Q3 2024 about GSP, industry, GDP, and USA.
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The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Contributions to Percent Change in Real GDP by Industry: Government: Federal (CPGDPF) from Q2 2005 to Q4 2024 about contributions, federal, percent, government, real, GDP, and USA.
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United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 11.601 % in 2016. This records a decrease from the previous number of 11.919 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 12.807 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 16.022 % in 1997 and a record low of 11.601 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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GDP from Manufacturing in the United States increased to 2402.80 USD Billion in the third quarter of 2024 from 2383.80 USD Billion in the second quarter of 2024. This dataset provides - United States Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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GDP from Services in the United States increased to 17050.50 USD Billion in the fourth quarter of 2024 from 16949.30 USD Billion in the third quarter of 2024. This dataset provides - United States Gdp From Private Services Producing Industries- actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, the United States tech sector contributed nearly two trillion U.S. dollars to the country's overall gross domestic product (GDP), making up approximately 8.9 percent of total GDP. Since 2018, the tech sector's yearly percentage of total GDP has remained relatively consistent.
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United States US: GDP: % of GDP: Gross Value Added: Industry data was reported at 18.880 % in 2016. This records a decrease from the previous number of 19.442 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 20.827 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 23.138 % in 1997 and a record low of 18.880 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry 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: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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Graph and download economic data for Gross Domestic Product: All Industry Total in the Southeast BEA Region (SESTNQGSP) from Q1 2005 to Q3 2024 about Southeast BEA Region, GSP, industry, GDP, and USA.
The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2023, with projections up until 2029. The gross domestic product of the United States in 2023 amounted to around 27.72 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.
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Graph and download economic data for Gross Domestic Product: Professional, Scientific, and Technical Services (54) in the United States (USPROBUSNQGSP) from Q1 2005 to Q3 2024 about science, professional, GSP, private industries, business, services, private, industry, GDP, and USA.
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This filtered view presents Real Gross Domestic Product for the accommodation and food services sector and its subsectors in the State of Iowa by year beginning in 1997.
Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.
Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.
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Graph and download economic data for Value Added by Industry: Other Services, Except Government as a Percentage of GDP (VAPGDPOSEG) from Q1 2005 to Q3 2024 about value added, private industries, percent, government, services, private, industry, GDP, and USA.
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Graph and download economic data for Real Gross Domestic Product: Utilities (22) in the United States (USUTILRGSP) from 1997 to 2023 about utilities, GSP, private industries, private, real, industry, GDP, and USA.
In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20.7 percent. The construction industry contributed around four percent of GDP in the same year.