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 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

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.

The statistic shows gross domestic product (GDP) per capita in Indonesia from 1987 to 2023, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. In 2023, the GDP 29per capita in Indonesia amounted to around 4,919.94 U.S. dollars. Indonesia's gross domestic product on the rise Indonesia has the largest economy in Southeast Asia is considered one of the most important emerging market economies in the world. Indonesia is a member of the G-20 economies and a founding member of ASEAN. It has one of the largest gross domestic products in the world: In 2014, the Indonesian GDP was reported to exceed 856 billion U.S. dollars. GDP in Indonesia has been increasing rapidly and in 2011, it was estimated that it had grown by more than 6.4 percent in comparison to the previous year. That same year, global GDP amounted to more than 72 trillion U.S. dollars - with the exception of 2009, global GDP has been continuously increasing each year over the past decade. Based on purchasing power parity, Indonesia's share in the global GDP is significantly higher than that of other major economies, and in 2014 was almost on the same level with France and higher than the UK's share. According to a forecast by Goldman Sachs, Indonesia will be among the 15 countries with the largest gross domestic product worldwide by 2030. In addition, the gross domestic product per capita in Indonesia has also undergone a rapid increase. Over the past decade, GDP per capita in Indonesia has quadrupled, a remarkable feat seldom seen in any economy.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

In 2024, the gross domestic product (GDP) of Hong Kong increased by around *** percent in real terms compared to the previous year. GDP growth is estimated to reach around *** percent in 2025. The quarterly GDP growth rate in Hong Kong stood at *** percent in the fourth quarter of 2024. Drivers of growth in Hong Kong Hong Kong’s economy is dominated by the service sector, which contributes more than ** percent to the city’s GDP. This is related to Hong Kong’s status as a global financial hub and a service center for trade and investment flows from and into mainland China. Financial services, trading and logistics, professional services, and tourism are key industries in the city, with financial services alone contributing more than ** percent to the GDP. Over the last decade, financial services displayed the highest sectoral growth rates, while trading and logistics, as well as professional services, provided a significant number of jobs in the city. Current economic development The COVID-19 pandemic and consequent travel restrictions had a bad effect on Hong Kong’s economy. However, economic development stumbled already earlier with GDP growth turning negative in 2019. In real terms, the GDP is expected to finally exceed its 2018 level in 2025. GDP growth in the upcoming years is forecasted to remain slightly below ***** percent on average.

The Gross Domestic Product (GDP) in Germany expanded 0.40 percent in the first 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.

Local governments in China frequently report provincial economic growth rates that exceed their targets. Prior studies suggest that this phenomenon is attributable to governmental influence over local firms, particularly through coercing these firms into escalating investments to maximize economic expansion. Using a sample of 18,349 Chinese listed firms from 2001 to 2017, we find that firms located in regions that exceed economic growth targets tend to invest more heavily. This effect is more pronounced in years when local government officials face stronger promotion pressure; furthermore, excess economic growth is associated with diminished investment efficiency within firms and increased government subsidies. These findings suggest that excess economic growth proxies for local government opportunism and plays an important role in local firms’ investment decisions.

DO: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.038 % in 2016. This records an increase from the previous number of 0.035 % for 2015. DO: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.021 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 0.075 % in 1990 and a record low of 0.000 % in 1984. DO: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;

China's digital economy has been growing rapidly in recent years. In 2023, the economy reached a size of nearly ** trillion yuan, registering a nominal year-on-year growth of **** percent, much higher than the country's nominal GDP growth at *** percent. The digital economy accounted for around ** percent of China's GDP.

Greece GR: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. Greece GR: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.000 % from Dec 1970 (Median) to 2016, with 47 observations. Greece GR: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greece – Table GR.World Bank: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;

This table shows data on the balance and Maastricht debt of general government. These figures are also known as EMU-balance and EMU-debt (EMU stands for the Economic and Monetary Union). In this table, yearly and quarterly figures are subdivided to subsectors of general government. Furthermore, this table shows the relation between the government balance and change in Maastricht debt.

Balance and debt are the most import indicators for the healthiness of government finances in the European Union. In the Maastricht treaty and the consequent Stability and Growth Pact, it was decided that government deficit may not exceed 3 percent of gross domestic product (GDP) and Maastricht debt may not be higher than 60 percent of GDP. If government deficit exceeds the threshold of 3 percent, the member state in question shall be subject to the excessive deficit procedure.

The terms and definitions used are in accordance with the framework of the national accounts. The national accounts are based on the international definitions of the European System of Accounts (ESA 2010). However, Maastricht debt is valued at face value whereas debt instruments in national accounts are valued at market value. Maastricht debt covers the following debt instruments: deposits, short term debt securities, long term debt securities, short term loans and long term loans.

Small temporary differences in data in this table with publications of the national accounts may occur due to the fact that the government finance statistics are sometimes more up to date.

Data available from: Yearly figures from 1995, quarterly figures from 1999.

Status of the figures: The figures for the period 1995-2021 are final. The quarterly figures for 2022 are provisional. The annual figures for 2022 are final. The figures for 2023 and 2024 are provisional.

Changes as of 24 June 2025: The figures for the first quarter of 2025 are available. Figures for 2023 and 2024 have been adjusted due to updated information. The quarterly figures for 2022 and the annual figures for 2023 are final now. In the context of the revision policy of National accounts, the dividend tax has been adjusted as of the fourth quarter of 2006. The revised registration aligns more closely with the accrual principle of ESA 2010.

Changes as of 10 April 2025: Due to an error made while processing the data, the initial preliminary figures for government expenditure in 2024 were calculated incorrectly, which means that the figure published for the general government balance was also incorrect. It concerns a decrease in government expenditure. Therefore, the general government balance is 2.3 billion euros higher than originally reported. This means the government deficit is equivalent to 0.9 percent of GDP, rather than the 1.1 percent published previously. The revision also impacts the transactions in other liabilities that are not part of Maastricht debt.

When will new figures be published? Provisional quarterly figures are published three months after the end of the quarter. In September the figures on the first quarter may be revised, in December the figures on the second quarter may be revised and in March the first three quarters may be revised. Yearly figures are published for the first time three months after the end of the year concerned. Yearly figures are revised two times: 6 and 18 months after the end of the year. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures. Revised yearly figures are published in June each year. Quarterly figures are aligned to revised years at the end of June. More information on the revision policy of Dutch national accounts and government finance statistics can be found under 'relevant articles' under paragraph 3.

America’s national forests contain some of the country’s finest recreation areas,most valuable fish and wildlife habitat, and watersheds that provide clean water forcommunities across the country. The US Forest Service is charged with managingthese assets and providing for the multiple uses and benefits of the lands it owns,including recreation, wood products, watershed protection, species habitat, scenicviews, cultural and scientific values, and wilderness.Every ten to fifteen years the Forest Service must update its management plan foreach national forest, evaluating past practices, projecting future forest uses, and proposingareas for wilderness designation. The agency’s own rules for these planning effortsdirect it to pay special attention to valuable natural assets such as intact watersheds,backcountry recreation opportunities, and high quality wildlife habitat that the nationalforests are especially, if not uniquely, able to provide. But more often than not, managementplans tilt in favor of industry demands for commodities, such as timber, while givingshort shrift to wildland values. In some cases, wildland values receive no consideration—or zero value. The result is forest plans with too little protection for wilderness,and management decisions that may ignore or even undermine wildland values.America’s two largest national forests—Alaska’s Chugach and Tongass NationalForests—comprise some of the world’s largest remaining tracts of temperate rainforest.Both forests have fully functioning ecosystems, healthy wildlife populations, spectacularscenic views, and incomparable recreation opportunities. As is the case in othernational forests in America, however, the irreplaceable natural assets of the Chugachand Tongass are threatened by plans that do not give adequate attention or equalweight to wildland values in the management planning and assessment processes.The Wilderness Society’s report, Greater Than Zero: Toward the Total EconomicValue of Alaska’s national forest wildlands, brings attention to the significant wildlandvalues on the Tongass and Chugach National Forests by estimating them in dollarterms. The authors, Dr. Spencer Phillips, Robert Silverman, and Anne Goreexplain how they calculate existing economic data to reveal that Alaska’s NationalForest wildlands are worth as much as $2 billion annually. By contrast, the ForestService has essentially assessed most of those same values as zero by failing to accountfor them in their planning processes to date.Gifford Pinchot, the first Chief of the Forest Service, guided the agency by a simpleidea of conservation: to provide “…the greatest good of the greatest number forthe longest time." The Wilderness Society believes that in order to know what that“greatest good” might be, we must give adequate consideration to all of the wildlandvalues provided by the Tongass and Chugach National Forests. The implications offailing to do so are profound: the degradation of quality watersheds, the loss of valuablescientific information which may never be discovered, a paucity of wildernessand recreation areas, the disappearance of rare plants and animals, and missed economicopportunities. Based on the findings in this report the greatest source of wealthin our national forests is their worth as havens of wildness. And it is clear that theForest Service must allocate significantly more attention and resources to these overlookedassets to ensure the greater good.

United States US: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. United States US: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.000 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 0.013 % in 1990 and a record low of 0.000 % in 2016. United States US: Adjusted Savings: Net Forest Depletion: % of GNI 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: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;

Trinidad and Tobago TT: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. Trinidad and Tobago TT: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.000 % from Dec 1970 (Median) to 2016, with 47 observations. Trinidad and Tobago TT: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;

United States Depositoy Inst: Wkly: MRB: Exceeds the Top of Penalty-Free Band data was reported at 1,644.926 USD bn in 21 Nov 2018. This stayed constant from the previous number of 1,644.926 USD bn for 14 Nov 2018. United States Depositoy Inst: Wkly: MRB: Exceeds the Top of Penalty-Free Band data is updated weekly, averaging 2,260.204 USD bn from Jul 2013 (Median) to 21 Nov 2018, with 282 observations. The data reached an all-time high of 2,710.200 USD bn in 17 Sep 2014 and a record low of 1,644.926 USD bn in 21 Nov 2018. United States Depositoy Inst: Wkly: MRB: Exceeds the Top of Penalty-Free Band data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KA001: Aggregate Reserves of Depository Institutions and Monetary Base.

Laos LA: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 2.901 % in 2016. This records a decrease from the previous number of 3.018 % for 2015. Laos LA: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 3.086 % from Dec 1984 (Median) to 2016, with 33 observations. The data reached an all-time high of 5.645 % in 1995 and a record low of 0.766 % in 1985. Laos LA: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;

Poland PL: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.057 % in 2016. This records an increase from the previous number of 0.051 % for 2015. Poland PL: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.009 % from Dec 1991 (Median) to 2016, with 26 observations. The data reached an all-time high of 0.057 % in 2016 and a record low of 0.000 % in 2002. Poland PL: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Poland – Table PL.World Bank: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;

Sweden SE: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. Sweden SE: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.000 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 0.052 % in 2005 and a record low of 0.000 % in 2016. Sweden SE: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

The BRICS countries overtook the G7 countries share of the world's total gross domestic product (GDP) in terms of purchasing power parity (PPP) in 2018. By 2024, the difference had increased even further, the BRICS now holding a total 35 percent of the world's GDP compared to 30 percent held by the G7 countries.