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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 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 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.
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Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q2 2025 about per capita, real, GDP, and USA.
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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 statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. 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. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.
Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, volume measures, lowest industry levels only, (dollars x 1,000,000), annual average, 5 most recent time periods.
Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in chained (2017) and current dollars (dollars x 1,000,000).
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The Gross Domestic Product (GDP) in the United States expanded 2.10 percent in the second 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.
Gross Domestic Product - Table 310-31004 : Component contribution to year-on-year percentage change in real terms of Gross Domestic Product (GDP)
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Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q2 2025 about GDP and USA.
Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in chained and current dollars, growth rate.
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.
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Palau PW: GDP: Real: Terms of Trade Adjustment data was reported at 10.413 USD mn in 2016. This records an increase from the previous number of 6.013 USD mn for 2015. Palau PW: GDP: Real: Terms of Trade Adjustment data is updated yearly, averaging -1.071 USD mn from Sep 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 10.413 USD mn in 2016 and a record low of -9.422 USD mn in 2011. Palau PW: GDP: Real: Terms of Trade Adjustment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Palau – Table PW.World Bank: Gross Domestic Product: Real. The terms of trade effect equals capacity to import less exports of goods and services in constant prices. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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United States US: GDP: Real: Terms of Trade Adjustment data was reported at 107.299 USD bn in 2016. This records an increase from the previous number of 78.350 USD bn for 2015. United States US: GDP: Real: Terms of Trade Adjustment data is updated yearly, averaging 27.480 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 107.299 USD bn in 2016 and a record low of -68.643 USD bn in 2008. United States US: GDP: Real: Terms of Trade Adjustment 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: Real. The terms of trade effect equals capacity to import less exports of goods and services in constant prices. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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View yearly updates and historical trends for US GDP as % of World GDP. from United States. Source: World Bank. Track economic data with YCharts analytics.
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Graph and download economic data for Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) from 1929 to 2024 about outlays, Net, federal, GDP, and USA.
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Mali ML: GDP: Real: Terms of Trade Adjustment data was reported at 1,381,578.663 XOF mn in 2017. This records a decrease from the previous number of 1,582,628.087 XOF mn for 2016. Mali ML: GDP: Real: Terms of Trade Adjustment data is updated yearly, averaging 8,446.884 XOF mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 1,582,628.087 XOF mn in 2016 and a record low of -112,149.846 XOF mn in 2005. Mali ML: GDP: Real: Terms of Trade Adjustment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mali – Table ML.World Bank.WDI: Gross Domestic Product: Real. The terms of trade effect equals capacity to import less exports of goods and services in constant prices. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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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.
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Turkey TR: GDP: Real: Terms of Trade Adjustment data was reported at -30,658.047 TRY mn in 2017. This records a decrease from the previous number of -8,896.155 TRY mn for 2016. Turkey TR: GDP: Real: Terms of Trade Adjustment data is updated yearly, averaging -5,258.211 TRY mn from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 9,478.595 TRY mn in 1999 and a record low of -30,658.047 TRY mn in 2017. Turkey TR: GDP: Real: Terms of Trade Adjustment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkey – Table TR.World Bank.WDI: Gross Domestic Product: Real. The terms of trade effect equals capacity to import less exports of goods and services in constant prices. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.