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.

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.

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.

In the second quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. GDP growth in China In 2024, China ranged second among countries with the largest gross domestic product worldwide. Since the introduction of economic reforms in 1978, the country has experienced rapid social and economic development. In 2013, it became the world’s largest trading nation, overtaking the United States. However, per capita GDP in China was still much lower than that of industrialized countries. Until 2011, the annual growth rate of China’s GDP had constantly been above nine percent. However, economic growth has cooled down since and is projected to further slow down gradually in the future. Rising domestic wages and the competitive edge of other Asian and African countries are seen as main reasons for the stuttering in China’s economic engine. One strategy of the Chinese government to overcome this transition is a gradual shift of economic focus from industrial production to services. Challenges to GDP growth Another major challenge lies in the massive environmental pollution that China’s reckless economic growth has caused over the past decades. China’s development has been powered mostly by coal consumption, which resulted in high air pollution. To counteract industrial pollution, further investments in waste management and clean technologies are necessary. In 2017, about **** percent of GDP was spent on pollution control. Surging environmental costs aside, environmental issues could also be a key to industrial transition as China placed major investments in renewable energy and clean tech projects. The consumption of green energy skyrocketed from **** exajoules in 2005 to **** million in 2022.

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

The Gross Domestic Product (GDP) in the United States expanded 2 percent in the first 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.

Historical chart and dataset showing U.S. GDP by year from 1960 to 2023.

This statistic shows the 20 countries with the highest decrease of the gross domestic product (GDP) in 2024. In 2024, South Sudan ranked 1st among the countries with the highest GDP decrease with a decrease of approximately 27.61 percent compared to the previous year.

U.S. gdp growth rate for 2023 was 2.89%, a 0.38% increase from 2022.

<ul style='margin-top:20px;'>

<li>U.S. gdp growth rate for 2022 was <strong>2.51%</strong>, a <strong>3.54% decline</strong> from 2021.</li>
<li>U.S. gdp growth rate for 2021 was <strong>6.06%</strong>, a <strong>8.22% increase</strong> from 2020.</li>
<li>U.S. gdp growth rate for 2020 was <strong>-2.16%</strong>, a <strong>4.75% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

The Gross Domestic Product (GDP) in Greece was worth 257.14 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Greece represents 0.24 percent of the world economy. This dataset provides the latest reported value for - Greece GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the growth rate of Australia’s real GDP from 2020 to 2024, with projections up until 2030. In 2024, GDP in Australia grew by about 1.04 percent on the previous year.The recession-proof land down underGDP is one of the primary indicators used to gauge the state and health of a country’s economy. It is the total market value of all final goods and services that have been produced within a country in a given period of time, usually a year. GDP figures allow us to understand a country’s economy in a clear way. Real GDP, in a similar vein, is also a very useful indicator; this is a measurement that takes prices changes (inflation and deflation) into account, therefore acting as a key indicator for economic growth.The gross domestic product (GDP) growth rate in Australia has, for sometime, been able to get a steady foothold in the somewhat shaky post-recession world, shaky, but far from catastrophic. The annual growth rate between the 2008 and 2009 financial years, for example, a time at which the world was brought to its proverbial knees, saw growth rates down under reach to 2.49 and 1.37 percent respectively on the previous years, whereas the GDP growth rate in the United States plummeted well into the minus zone. Australia, like all other capitalist nations, is at the mercy of international markets, and when the world economy takes a hit, it would be foolish to suggest it could emerge fully unscathed. However, Australia has earned some much deserved praise and attention owing to the fact that it has managed to remain recession-free for the past twenty years. This could be thanks to its abundance of raw materials, the Australian mining boom, the fact the recession came at a time of high commodity prices and, maybe most importantly, that just under a third of its exports go to China.

Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, (dollars x 1,000,000), monthly, 5 most recent time periods.

We use the yield curve to predict future GDP growth and recession probabilities. The spread between short- and long-term rates typically correlates with economic growth. Predications are calculated using a model developed by the Federal Reserve Bank of Cleveland. Released monthly.

Graph and download economic data for Shares of gross domestic product: Gross private domestic investment: Fixed investment: Nonresidential (A008RE1Q156NBEA) from Q1 1947 to Q1 2025 about Shares of GDP, nonresidential, fixed, investment, gross, domestic, private, GDP, and USA.

The average for 2023 based on 184 countries was 0.54 percent. The highest value was in the USA: 26.47 percent and the lowest value was in Andorra: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

In 2022, the global economic development slowed down. After bouncing back and being on track to recover from the disruptions caused by the COVID-19 pandemic, economies worldwide started suffering again due to high inflation and disrupted supply chains. During the second quarter of 2024, the GDP growth rate in the countries included varied, with the GDP of India growing by *** percent. Meanwhile, the GDP of Germany shrunk by *** percent in the second quarter of 2024.

The Gross Domestic Product (GDP) in South Korea contracted 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - South Korea GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Year GDP Growth in World increased to 3.20 percent in 2024 from 2.80 percent in 2023. This dataset includes a chart with historical data for World Full Year GDP Growth.

Gross Domestic Product (GDP) is one of the best known indicators of economic activity and is widely used to monitor economic performance. GDP statistics for Scotland are produced by the Scottish Government and have been designated as National Statistics. This dataset contains statistics for the output approach to GDP and growth in real terms, and includes results for the whole economy (Total GDP) and industry sectors. GDP can also be broken down using the income and expenditure approaches, which are available as separate datasets. There are two updates to the output by industry statistics each quarter. The First Estimate of GDP growth is published around 80 days after the quarter’s end, and an updated second estimate is published in the Quarterly National Accounts around 120 days after the quarter’s end. The First Estimate of GDP statistics will be published on this website as open data; the Second Estimate will not currently be available as open data, but will be available on the Scottish Government website. Results for previous periods are also open to revision each quarter. Further details on Scottish GDP statistics, including methodology notes and the revisions policy, are available. The Industry Sector dimension in this dataset contains the broad industry sectors used on GDP statistics for Scotland the UK. These are based on industry sections from the Standard Industrial Classification (SIC, 2007). Further information can be found here The Measure Type dimension in this dataset contains four GDP measures, detailed below. The index measure is rounded to 4 decimal places and the growth rate measures are rounded to 1 decimal place. It is not always possible to replicate the published growth rates using rounded data, but all results are also available unrounded in the downloadable spreadsheets from the latest publication. • 4Q-on-4Q is the percentage change (growth rate) for the latest four quarters compared to the previous four non-overlapping quarters. This rolling annual growth rate gives a smoothed measure of recent trends. This growth rate is calculated from the Index measure. • Index represents the level of output in real, or volume, terms for each industry or total GDP, relative to the base year (2019). An index value of more than 100 means that output is higher than in the base year, and a value of less than 100 means that output is lower than in the base year. • q-on-q is the percentage change (growth rate) for the latest quarter compared to the previous quarter. This quarterly growth rate is usually taken as the headline measure of GDP growth. This growth rate is calculated from the Index measure. • q-on-q year ago is the percentage change (growth rate) for the latest quarter compared to the same quarter in the previous year. This growth rate over the year is usually compared to other statistics such as earnings or price inflation. This growth rate is calculated from the Index measure. The Reference Period dimension relates to standard calendar quarters. Quarter 1 refers to the period from January to March, Quarter 2 refers to April to June, Quarter 3 refers to July to September, and Quarter 4 refers to October to December. The Reference Area dimension for this dataset only contains results for Scotland, with no breakdowns to other areas. In this dataset, all results relate to Scotland’s onshore economy and do not include the output of offshore oil and gas extraction in Scottish Adjacent Waters. Each industry sector is indexed to make them comparable. For each sector, the value during 2019 is taken as the base year, and given the value of 100. All indexed values are chainlinked volume measures, and given relative to the base year.

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