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 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.

The Gross Domestic Product (GDP) in Mexico was worth 1852.72 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Mexico represents 1.75 percent of the world economy. This dataset provides - Mexico GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

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.

GDP per capita (current US$) is an economic indicator that measures the average economic output per person in a country. It is calculated by dividing the total Gross Domestic Product (GDP) of a country by its population, both measured in current US dollars. GDP per capita provides a useful metric for comparing the economic well-being and living standards between different countries.

There are various sources where you can find GDP per capita data, including international organizations, government agencies, and financial institutions. Some prominent sources for GDP per capita data include:

1. World Bank: The World Bank provides comprehensive data on GDP per capita for countries around the world. They maintain the World Development Indicators (WDI) database, which includes GDP per capita figures for different years.

2. International Monetary Fund (IMF): The IMF also offers GDP per capita data through their World Economic Outlook (WEO) database. It provides economic indicators and forecasts, including GDP per capita figures for various countries.

3. National Statistical Agencies: Many countries have their own national statistical agencies that publish GDP per capita data. These agencies collect and analyze economic data, including GDP and population figures, to calculate GDP per capita.

4. Central Banks: In some cases, central banks may also provide GDP per capita data for their respective countries. They often publish economic indicators and reports that include GDP per capita figures.

When using GDP per capita data, it's important to note that it represents an average measure and does not necessarily reflect the distribution of wealth within a country. Additionally, GDP per capita figures are often adjusted for inflation to provide real GDP per capita, which accounts for changes in the purchasing power of money over time.

To access the most up-to-date and accurate GDP per capita data, it is recommended to refer to reputable sources mentioned above or consult the official websites of international organizations, government agencies, or central banks that specialize in economic data and analysis.

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.

Explore the latest Saudi Arabia Gross Domestic Product by Kind of Economic Activity data at current prices. Find insights on Mining and Quarrying, Manufacturing, Construction, Petroleum Refining, Agriculture, and more.

Mining and Quarrying, Net Taxes on Products, Manufacturing, Manufacturing excluding petroleum refining, Construction, Crude Petroleum and Natural Gas, Agriculture, Forestry and Fishing, Manufacturing, Electricity, Gas and Water, Petroleum Refining, Community, Social and Personal Services, Gross Value Added, Finance, Insurance, Real Estate and Business Services, Real Estate, Transport, Storage and Communication, Wholesale and Retail Trade, Restaurants and hotels, Real Estate and Business Services, Government Services, Gross Domestic Product, Insurance and Business sevices, GDP, National Accounts, GDP data

Saudi Arabia Follow data.kapsarc.org for timely data to advance energy economics research..Preliminary Data: 2021Indicator Definition: It expresses the total of final goods and services produced during a certain period of time (usually a year) within the geographical borders of the country, whether that was done by the citizens of the country or foreigners residing in it.

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

In 2023, the United States accounted for 15.56 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 14.72 percent by 2029, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.

The Gross Domestic Product (GDP) in Nigeria was worth 187.76 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Nigeria represents 0.18 percent of the world economy. This dataset provides the latest reported value for - Nigeria GDP - 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) is quantified annually by means of the statistical operation of synthesis Economic Accounts, which includes the activity of economic agents in the Basque Country by accounting for the total monetary value of the current production of goods and services. It allows to know the evolution of the economy in nominal and real terms, presenting the economic analysis on the side of supply, demand and rents. Gross domestic product is undoubtedly the most important economic macromagnitude for estimating the productive capacity of an economy.

The Gross Domestic Product (GDP) is quantified annually by means of the statistical operation of synthesis Economic Accounts, which includes the activity of economic agents in the Basque Country by accounting for the total monetary value of the current production of goods and services. It allows to know the evolution of the economy in nominal and real terms, presenting the economic analysis on the side of supply, demand and rents. Gross domestic product is undoubtedly the most important economic macromagnitude for estimating the productive capacity of an economy.

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Italy GDP: Industry: Means of Transport data was reported at 0.000 ITL bn in Mar 1998. This records a decrease from the previous number of 5,349.000 ITL bn for Dec 1996. Italy GDP: Industry: Means of Transport data is updated quarterly, averaging 2,789.000 ITL bn from Mar 1970 (Median) to Mar 1998, with 109 observations. The data reached an all-time high of 5,844.000 ITL bn in Sep 1990 and a record low of 0.000 ITL bn in Mar 1998. Italy GDP: Industry: Means of Transport data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.A146: GDP by Industry: Current Price: LIRE.

GDP, short for Gross Domestic Product, is defined as the total market value of all final goods and services produced within a country in a given period. It includes private and public consumption, private and public investment, and exports less imports.

CN: Gross Domestic Product: Current PPP data was reported at 34,643.710 USD bn in 2023. This records an increase from the previous number of 31,773.150 USD bn for 2022. CN: Gross Domestic Product: Current PPP data is updated yearly, averaging 4,522.776 USD bn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 34,643.710 USD bn in 2023 and a record low of 350.540 USD bn in 1981. CN: Gross Domestic Product: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual.

The national breakdown by source of funds does not fully match with the classification defined in the Frascati Manual. The R&D financed by the government, business enterprises, and by the rest of the world can be retrieved but part of the expenditure has no specific source of financing, i.e. self-raised funding (in particular for independent research institutions), the funds from the higher education sector and left-over government grants from previous years.

The government and higher education sectors cover all fields of NSE and SSH while the business enterprise sector only covers the fields of NSE. There are only few organisations in the private non-profit sector, hence no R&D survey has been carried out in this sector and the data are not available.

From 2009, researcher data are collected according to the Frascati Manual definition of researcher. Beforehand, this was only the case for independent research institutions, while for the other sectors data were collected according to the UNESCO concept of “scientist and engineer”.

In 2009, the survey coverage in the business and the government sectors has been expanded.

Before 2000, all of the personnel data and 95% of the expenditure data in the business enterprise sector are for large and medium-sized enterprises only. Since 2000 however, the survey covers almost all industries and all enterprises above a certain threshold. In 2000 and 2004, a census of all enterprises was held, while in the intermediate years data for small enterprises are estimated.

Due to the reform of the S&T system some government institutions have become enterprises, and their R&D data have been reflected in the Business Enterprise sector since 2000.

Explore the impact of the U.S. trade deficit reaching new heights alongside declining GDP forecasts, and what it means for the economy and various industries.