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.
This statistic shows the share of economic sectors in the global gross domestic product (GDP) from 2014 to 2024. In 2024, agriculture contributed 4.02 percent, industry contributed approximately 25.97 percent and services contributed about 66.24 percent to the global gross domestic product. See global GDP for comparison.
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GDP: 2014-15p: Western Australia data was reported at 255,214.000 AUD mn in 2016. This records an increase from the previous number of 250,377.000 AUD mn for 2015. GDP: 2014-15p: Western Australia data is updated yearly, averaging 135,469.000 AUD mn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 255,214.000 AUD mn in 2016 and a record low of 77,947.000 AUD mn in 1990. GDP: 2014-15p: Western Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.
A series for the GDP deflator in index form is produced by the Treasury from data provided by the Office for National Statistics (ONS) and the Office for Budget Responsibility (OBR). The GDP deflator set is updated after every ONS Quarterly National Accounts release (at the end of each quarter) and whenever the OBR updates its GDP deflator forecasts (usually twice a year).
http://www.ons.gov.uk/ons/guide-method/method-quality/specific/economy/national-accounts/changes-to-national-accounts/index.html" class="govuk-link">The link below explains how changes to National Accounts methodologies this September will impact upon a number of Office for National Statistics (ONS) outputs including GDP.
GDP forecasts were produced at Autumn Statement 2014 and therefore data from 2014-15 onwards have been revised as a result of the methodology described above.
Outturn data are the latest Quarterly National Accounts figures from the ONS, 30 September 2014 and their subsequent corrected release of 6 October 2014. GDP deflators from 1955-56 to 2013-14 have been taken directly from fiscal period ONS series L8GG. GDP deflators from 1955 to 2013 have been taken from calendar period ONS series MNF2.
Forecasts are from the OBR as at the 3 December 2014 Autumn Statement.
The next GDP deflator updated will be shortly after the Q3 2014 Quarterly National Accounts release due out on 23 December 2014.
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Statistical records relating to the monetary measures of Solomon Islands total economic activities from the year 2007 - 2014 . The table shows that approximately 43% of GDP was derived a) agriculture forestry and fisheries and b) industry (including mining, water etc). Although the contribution of these sectors has decreased slightly since 2007 (43%), this shows the continuing importance of natural resources / ecosystem services in economic development. There is also potential future development in these sectors, for example in the field of offshore mining.
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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.
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Australia GDP: 2014-15p data was reported at 1,661,739.000 AUD mn in 2016. This records an increase from the previous number of 1,617,016.000 AUD mn for 2015. Australia GDP: 2014-15p data is updated yearly, averaging 1,143,313.000 AUD mn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 1,661,739.000 AUD mn in 2016 and a record low of 753,556.000 AUD mn in 1991. Australia GDP: 2014-15p data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State. Rebased from 2014-15p to 2015-16p. Replacement series ID: 397545457
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Australia GDP: 2014-15p: Victoria data was reported at 373,624.000 AUD mn in 2016. This records an increase from the previous number of 361,669.000 AUD mn for 2015. Australia GDP: 2014-15p: Victoria data is updated yearly, averaging 273,261.000 AUD mn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 373,624.000 AUD mn in 2016 and a record low of 177,863.000 AUD mn in 1992. Australia GDP: 2014-15p: Victoria data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.
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The Gross Domestic Product (GDP) in China was worth 18743.80 billion US dollars in 2024, according to official data from the World Bank. The GDP value of China represents 17.65 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
A series for the GDP deflator in index form is produced by the Treasury from data provided by the Office for National Statistics (ONS) and the Office for Budget Responsibility (OBR). The GDP deflator set is updated after every ONS Quarterly National Accounts release (at the end of each quarter) and whenever the OBR updates its GDP deflator forecasts (usually twice a year).
http://www.ons.gov.uk/ons/guide-method/method-quality/specific/economy/national-accounts/changes-to-national-accounts/index.html" class="govuk-link">This link explains how changes to National Accounts methodologies in September 2014 impacted upon a number of Office for National Statistics (ONS) outputs, including GDP.
GDP forecasts were produced at Autumn Statement 2014 and therefore data from 2014-15 onwards were revised as a result of the methodology described above.
Outturn data are the latest Quarterly National Accounts figures from the ONS, 23 December 2014. GDP deflators from 1955-56 to 2013-14 have been taken directly from fiscal period ONS series L8GG. GDP deflators from 1955 to 2013 have been taken from calendar period ONS series MNF2.
Forecasts are from the OBR as at the 3 December 2014 Autumn Statement. The next GDP deflator update will be shortly after the Budget which is due on 18 March 2014.
The value of the French Gross Domestic Product (GDP) has been reduced by several hundred billion euros between 2019 and 2020. In 2019, the total value of the wealth created on the French territory amounted to more than ***** billion euros. The coronavirus COVID-19 and the numerous sanitary measures put in place by the government to stop the pandemic has heavily impacted the French economy. In 2020, the GDP amounted to more than ***** billion euros. This is the first decrease in GDP recorded since 2014.
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Real GDP 2014p: Quarterly: Iran data was reported at 3,129,991,465.600 IRR mn in Jun 2018. This records a decrease from the previous number of 3,304,688,663.680 IRR mn for Mar 2018. Real GDP 2014p: Quarterly: Iran data is updated quarterly, averaging 2,719,336,096.125 IRR mn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 3,533,978,736.160 IRR mn in Sep 2017 and a record low of 2,144,677,159.766 IRR mn in Mar 2005. Real GDP 2014p: Quarterly: Iran data remains active status in CEIC and is reported by CEIC Data. The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Real GDP 2014 Price: Middle East and Africa. CEIC calculates quarterly Real GDP at 2014 prices from quarterly Nominal GDP and quarterly Real GDP at 2011-12 prices. The Central Bank of the Islamic Republic of Iran provides Nominal GDP in local currency and Real GDP in local currency.
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Australia GDP per Capita: 2014-15p data was reported at 69,421.000 AUD in 2016. This records an increase from the previous number of 68,486.000 AUD for 2015. Australia GDP per Capita: 2014-15p data is updated yearly, averaging 42,898.000 AUD from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 69,421.000 AUD in 2016 and a record low of 23,948.000 AUD in 1962. Australia GDP per Capita: 2014-15p data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A170: SNA08: Gross Domestic Product per Capita. Rebased from 2014-15p to 2015-16p. Replacement series ID: 396057477
Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, all levels of industries, (dollars x 1,000,000), annual, 5 most recent time periods.
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Graph and download economic data for Gross Domestic Product for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023) (CPMNACNSAB1GQEA) from Q1 1995 to Q1 2025 about Euro Area, Europe, and GDP.
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GDP: 2014-15p: Australian Capital Territory data was reported at 36,225.000 AUD mn in 2016. This records an increase from the previous number of 35,029.000 AUD mn for 2015. GDP: 2014-15p: Australian Capital Territory data is updated yearly, averaging 26,249.000 AUD mn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 36,225.000 AUD mn in 2016 and a record low of 18,404.000 AUD mn in 1990. GDP: 2014-15p: Australian Capital Territory data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.
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Australia GDP: 2014-15p: Tasmania data was reported at 26,039.000 AUD mn in 2016. This records an increase from the previous number of 25,695.000 AUD mn for 2015. Australia GDP: 2014-15p: Tasmania data is updated yearly, averaging 21,110.000 AUD mn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 26,039.000 AUD mn in 2016 and a record low of 15,858.000 AUD mn in 1990. Australia GDP: 2014-15p: Tasmania data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.
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GDP from Services in Gambia increased to 9732024 GMD Thousand in the fourth quarter of 2024 from 9467807 GMD Thousand in the third quarter of 2024. This dataset provides - Gambia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Data and expert analysis on India’s GDP and GSDP including per capita values, sector and industry contribution, GVA, and comparison with global peers.
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Key information about Belarus Real GDP Growth
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.