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) 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.

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.

The USA: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 29184.89 billion U.S. dollars, an increase from 27720.71 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for the USA from 1960 to 2024 is 8865.89 billion U.S. dollars. The minimum value, 542.39 billion U.S. dollars, was reached in 1960 while the maximum of 29184.89 billion U.S. dollars was recorded in 2024.

The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

In 2023, the United States had a real gross domestic product of about 23.3 trillion U.S. dollars (2017 chained). See the U.S. GDP for further information. Real Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices. Real GDP in the U.S. The real GDP of the U.S. has increased from 9.37 trillion U.S. dollars (2012 chained) in 1990 to 22 trillion U.S. dollars in 2023. Like many of the worlds major economies, the United States has experienced a steady growth in GDP over the last few years. The Indian economy was expected to experienced growth of 9.4 percent between 2020 and 2021, while China’s GDP was expected to grow 8.1 percent in the same period. One of the defining qualities of the United States’ economy is its diversity and advanced technological advancements. Industries such as finance, real estate, health care, and business and education services are large contributors to the economy, while the manufacturing sector accounts for about 11 percent of the country’s wealth. The GDP generated by each state can also vary widely based on principal industries and production. In 2021, California had the highest state GDP in the United States, reaching 3.35 trillion U.S. dollars; comparatively, Vermont generated a GDP of 36.17 billion U.S. dollars in that year.

In 2018, Germany’s GDP peaked at around four billion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards 5.57 billion by 2030. Germany has the fourth-largest GDP in the world, after the United States, China, and Japan. The national debt of Germany has steadily been falling since 2012 and is now about a quarter of the size of Japan’s and half that of the United States. Development of GDP per capita Gross domestic product per capita in Germany has been increasing since 2015 and experienced its last period of decline between the mid-nineties and early noughties. In 2001, GDP per capita was the lowest it had been since the early nineties, but more than doubled by the time of the financial crisis in 2008. GDP per capita fluctuated throughout the subsequent decade, before reaching around 48,000 U.S. dollars in 2018. Largest economic sectors The service sector generates the highest share of GDP in Germany at nearly 70 percent. Finance and telecommunications are a large part of the service sector, as well as tourism – including hospitality and accommodation. Roughly a quarter of GDP currently comes from the production industry, not including construction. Agriculture, fishing, and forestry make up less than one percent.

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2024, with projections up until 2030. The gross domestic product of the United States in 2024 amounted to around 29.18 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.

The Bahamas: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 13.6 billion U.S. dollars, an increase from 13.2 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for the Bahamas from 1960 to 2024 is 8.2 billion U.S. dollars. The minimum value, 2.2 billion U.S. dollars, was reached in 1960 while the maximum of 13.6 billion U.S. dollars was recorded in 2024.

Japan: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 4026.21 billion U.S. dollars, a decline from 4213.17 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Japan from 1960 to 2024 is 2955.86 billion U.S. dollars. The minimum value, 47.42 billion U.S. dollars, was reached in 1960 while the maximum of 6272.36 billion U.S. dollars was recorded in 2012.

Mexico: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 1852.72 billion U.S. dollars, an increase from 1793.8 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Mexico from 1960 to 2024 is 559.47 billion U.S. dollars. The minimum value, 13.04 billion U.S. dollars, was reached in 1960 while the maximum of 1852.72 billion U.S. dollars was recorded in 2024.

In 2024, the real gross domestic product (GDP) of Illinois was 895.34 billion U.S. dollars. This is an increase from the previous year, when the state's real GDP stood at 885.65 billion U.S. dollars.

Djibouti: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 4.09 billion U.S. dollars, an increase from 3.92 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Djibouti from 1985 to 2024 is 1.38 billion U.S. dollars. The minimum value, 0.34 billion U.S. dollars, was reached in 1985 while the maximum of 4.09 billion U.S. dollars was recorded in 2024.

The Gross Domestic Product (GDP) in Panama was worth 86.26 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Panama represents 0.08 percent of the world economy. This dataset provides - Panama GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Gross Domestic Product (ND000334Q) from Q1 2002 to Q2 2025 about real, GDP, and USA.

The Gross Domestic Product (GDP) In the Euro Area was worth 16406.13 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Euro Area represents 14.74 percent of the world economy. This dataset provides the latest reported value for - Euro Area GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Real gross domestic product: Services (A341RX1Q020SBEA) from Q1 1947 to Q1 2025 about services, real, GDP, and USA.

The gross domestic product (GDP) in current prices in Israel amounted to about 540.38 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 515.31 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 190.05 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The gross domestic product (GDP) in current prices in Jordan was estimated at about 53.43 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 49.50 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 20.15 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Saudi Arabia: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 1237.53 billion U.S. dollars, an increase from 1218.58 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Saudi Arabia from 1960 to 2024 is 293.86 billion U.S. dollars. The minimum value, 1.75 billion U.S. dollars, was reached in 1960 while the maximum of 1239.08 billion U.S. dollars was recorded in 2022.