The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

In 2023, the state of California added about 3.2 trillion chained (2017) U.S. dollars of value to the U.S. real gross domestic product (GDP). Total real GDP amounted to about 22.7 trillion chained (2017) U.S. dollars.

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.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

Key information about United States Nominal GDP

• United States Nominal GDP reached 6,621.6 USD bn in Mar 2023, compared with 6,534.5 USD bn in the previous quarter.
• Nominal GDP in US is updated quarterly, available from Mar 1947 to Mar 2023, with an average number of 1,057.5 USD bn.
• The data reached an all-time high of 6,621.6 USD bn in Mar 2023 and a record low of 60.8 USD bn in Mar 1947.

• In the latest reports, US GDP expanded 1.6 % YoY in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.4 % in Mar 2023.
• US GDP Per Capita reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 15.9 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 20.7 % in Mar 2023.
• Public Consumption accounted for 14.1 % in Mar 2023.
• Private Consumption accounted for 67.9 % in Mar 2023.

The Gross Domestic Product (GDP) in the United States expanded 3.80 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.

United States Gross Domestic Product by State(GDPS): saar: Alabama data was reported at 329.002 USD bn in Dec 2024. This records an increase from the previous number of 324.078 USD bn for Sep 2024. United States Gross Domestic Product by State(GDPS): saar: Alabama data is updated quarterly, averaging 199.938 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 329.002 USD bn in Dec 2024 and a record low of 155.647 USD bn in Mar 2005. United States Gross Domestic Product by State(GDPS): saar: Alabama data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A082: NIPA 2023: GDP by State: Southeast Region: Current Price: saar.

The Gross Domestic Product per capita in the United States was last recorded at 66682.61 US dollars in 2024. The GDP per Capita in the United States is equivalent to 528 percent of the world's average. This dataset provides - United States GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Total Gross Domestic Product for State College, PA (MSA) (NGMP44300) from 2001 to 2023 about State College, PA, industry, GDP, and USA.

The state of Utah experienced the most significant GDP growth in 2024, growing by seven percent from 2023. Florida, South Carolina, and North Carolina also experienced high amounts of growth in the same period. North Dakota was the only state that saw a decrease in GDP, falling 0.8 percent.

Key information about United States Real GDP Growth

• The Gross Domestic Product (GDP) in United States expanded 1.6 % YoY in Mar 2023, following a growth of 0.9 % in the previous quarter.
• Real GDP Growth YoY data in US is updated quarterly, available from Mar 1948 to Mar 2023, with an average rate of 3.0 %.
• The data reached an all-time high of 13.4 % in Dec 1950 and a record low of -8.4 % in Jun 2020.

• In the latest reports, Nominal GDP of US reached 6,621.6 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.4 % in Mar 2023.
• GDP Per Capita in US reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 15.9 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 20.7 % in Mar 2023.
• Public Consumption accounted for 14.1 % in Mar 2023.
• Private Consumption accounted for 67.9 % in Mar 2023.

GDPS: saar: ME: Pvt: Information (IF) data was reported at 1.743 USD bn in Dec 2024. This records an increase from the previous number of 1.709 USD bn for Sep 2024. GDPS: saar: ME: Pvt: Information (IF) data is updated quarterly, averaging 1.228 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 1.748 USD bn in Dec 2023 and a record low of 0.979 USD bn in Dec 2012. GDPS: saar: ME: Pvt: Information (IF) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A076: NIPA 2023: GDP by State: New England Region: Current Price: saar.

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.

GDPS: saar: NV: Pvt: Information (IF) data was reported at 7.544 USD bn in Dec 2024. This records an increase from the previous number of 7.437 USD bn for Sep 2024. GDPS: saar: NV: Pvt: Information (IF) data is updated quarterly, averaging 3.703 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 7.544 USD bn in Dec 2024 and a record low of 2.631 USD bn in Dec 2005. GDPS: saar: NV: Pvt: Information (IF) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A070: NIPA 2023: GDP by State: Far West Region: Current Price: saar.

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

GDPS: saar: CT: Pvt: Information (IF) data was reported at 19.617 USD bn in Dec 2024. This records a decrease from the previous number of 19.671 USD bn for Sep 2024. GDPS: saar: CT: Pvt: Information (IF) data is updated quarterly, averaging 12.597 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 19.671 USD bn in Sep 2024 and a record low of 8.387 USD bn in Sep 2005. GDPS: saar: CT: Pvt: Information (IF) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A076: NIPA 2023: GDP by State: New England Region: Current Price: saar.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in California (CARGSP) from 1997 to 2024 about GSP, CA, real, industry, GDP, and USA.

GDPS: saar: MA: Pvt: AA: Arts, Entertainment & Recreation (ER) data was reported at 8.109 USD bn in Dec 2024. This records a decrease from the previous number of 8.138 USD bn for Sep 2024. GDPS: saar: MA: Pvt: AA: Arts, Entertainment & Recreation (ER) data is updated quarterly, averaging 5.167 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 8.224 USD bn in Jun 2024 and a record low of 2.690 USD bn in Jun 2020. GDPS: saar: MA: Pvt: AA: Arts, Entertainment & Recreation (ER) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A076: NIPA 2023: GDP by State: New England Region: Current Price: saar.

Full Year GDP Growth in the United States decreased to 2.80 percent in 2024 from 2.90 percent in 2023. This dataset includes a chart with historical data for the United States Full Year GDP Growth.

United States GDPS: saar: CT: Pvt: PB: Prof, Scientific & Tech Svcs (ST) data was reported at 26.799 USD bn in Dec 2024. This records an increase from the previous number of 26.354 USD bn for Sep 2024. United States GDPS: saar: CT: Pvt: PB: Prof, Scientific & Tech Svcs (ST) data is updated quarterly, averaging 17.386 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 26.799 USD bn in Dec 2024 and a record low of 13.176 USD bn in Sep 2005. United States GDPS: saar: CT: Pvt: PB: Prof, Scientific & Tech Svcs (ST) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A076: NIPA 2023: GDP by State: New England Region: Current Price: saar.