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.

The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the second quarter of 2024, the real gross domestic product (GDP) of the United States amounted to 20.92 trillion chained (2017) U.S. dollars. This was an increase from the previous quarter, when the GDP was 22.76 trillion U.S. dollars.

The Gross Domestic Product (GDP) in Germany contracted 0.20 percent in the fourth quarter of 2024 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.

In the first quarter of 2024, the GDP of the United States was three percent higher compared to the first quarter of 2023. The gross domestic product refers to the market value of all final goods and services produced in a country within a given period. The GDP of the United States amounted to 25.46 trillion U.S. dollars in 2022. The annual GDP of the United States can be found here, the growth per quarter can be found here and the chained quarterly GDP growth can be found here.

In the second quarter of 2024, Germany's gross domestic product (GDP) continued to increase compared to the previous quarter (seasonally and calendar adjusted), at 1,070 billion euros. During the first pandemic lockdown in the third quarter of 2020, the GDP was at around 857.04 billion euros. The outbreak of the COVID-19 pandemic led to a recession in 2020.

GDP: Year to Date: Secondary Industry: Yunnan data was reported at 1,033.003 RMB bn in Dec 2024. This records an increase from the previous number of 744.948 RMB bn for Sep 2024. GDP: Year to Date: Secondary Industry: Yunnan data is updated quarterly, averaging 170.365 RMB bn from Dec 1992 (Median) to Dec 2024, with 106 observations. The data reached an all-time high of 1,033.003 RMB bn in Dec 2024 and a record low of 17.270 RMB bn in Mar 2000. GDP: Year to Date: Secondary Industry: Yunnan data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

In 2024, the United States had the largest economy in the world, with a gross domestic product of just under 29 trillion U.S. dollars. China had the second largest economy, at around 18.5 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Italy's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

Gross Domestic Product (GDP): Year to Date: Hebei data was reported at 4,752.690 RMB bn in Dec 2024. This records an increase from the previous number of 3,290.400 RMB bn for Sep 2024. Gross Domestic Product (GDP): Year to Date: Hebei data is updated quarterly, averaging 999.100 RMB bn from Dec 1992 (Median) to Dec 2024, with 105 observations. The data reached an all-time high of 4,752.690 RMB bn in Dec 2024 and a record low of 92.144 RMB bn in Mar 2000. Gross Domestic Product (GDP): Year to Date: Hebei data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

GDP: Year to Date: Primary Industry: Tianjin data was reported at 28.428 RMB bn in Dec 2024. This records an increase from the previous number of 15.719 RMB bn for Sep 2024. GDP: Year to Date: Primary Industry: Tianjin data is updated quarterly, averaging 7.365 RMB bn from Dec 1992 (Median) to Dec 2024, with 104 observations. The data reached an all-time high of 28.428 RMB bn in Dec 2024 and a record low of 0.805 RMB bn in Mar 1999. GDP: Year to Date: Primary Industry: Tianjin data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

In the fourth quarter of 2024, the growth of the real gross domestic product (GDP) in China ranged at 5.4 percent compared to the same quarter of the previous year. 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. GDP growth in China In 2024, China ranged second among countries with the largest gross domestic product worldwide. Since the introduction of economic reforms in 1978, the country has experienced rapid social and economic development. In 2013, it became the world’s largest trading nation, overtaking the United States. However, per capita GDP in China was still much lower than that of industrialized countries. Until 2011, the annual growth rate of China’s GDP had constantly been above nine percent. However, economic growth has cooled down since and is projected to further slow down gradually in the future. Rising domestic wages and the competitive edge of other Asian and African countries are seen as main reasons for the stuttering in China’s economic engine. One strategy of the Chinese government to overcome this transition is a gradual shift of economic focus from industrial production to services. Challenges to GDP growth Another major challenge lies in the massive environmental pollution that China’s reckless economic growth has caused over the past decades. China’s development has been powered mostly by coal consumption, which resulted in high air pollution. To counteract industrial pollution, further investments in waste management and clean technologies are necessary. In 2017, about 1.15 percent of GDP was spent on pollution control. Surging environmental costs aside, environmental issues could also be a key to industrial transition as China placed major investments in renewable energy and clean tech projects. The consumption of green energy skyrocketed from 0.52 exajoules in 2005 to 13.3 million in 2022.

The Gross Domestic Product (GDP) in the United States expanded 2.50 percent in the fourth quarter of 2024 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 (GDP): Year to Date: Yunnan data was reported at 3,153.410 RMB bn in Dec 2024. This records an increase from the previous number of 2,211.003 RMB bn for Sep 2024. Gross Domestic Product (GDP): Year to Date: Yunnan data is updated quarterly, averaging 404.636 RMB bn from Dec 1992 (Median) to Dec 2024, with 108 observations. The data reached an all-time high of 3,153.410 RMB bn in Dec 2024 and a record low of 35.485 RMB bn in Mar 2000. Gross Domestic Product (GDP): Year to Date: Yunnan data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

According to the second preliminary announcement in March 2025, the real gross domestic product (GDP) of Japan in the fourth quarter of 2024 increased by 0.6 percent (seasonally adjusted) and 2.2 percent (annualized) compared to the previous quarter.GDP refers to the total market value of all goods and services that are produced within a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for the economic well-being of a country.

GDP: Year to Date: Beijing data was reported at 4,984.310 RMB bn in Dec 2024. This records an increase from the previous number of 3,346.200 RMB bn for Sep 2024. GDP: Year to Date: Beijing data is updated quarterly, averaging 497.280 RMB bn from Dec 1952 (Median) to Dec 2024, with 133 observations. The data reached an all-time high of 4,984.310 RMB bn in Dec 2024 and a record low of 0.788 RMB bn in Dec 1952. GDP: Year to Date: Beijing data remains active status in CEIC and is reported by Beijing Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: Quarterly.

CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data was reported at 0.123 % Point in Oct 2024. This records an increase from the previous number of -0.080 % Point for Sep 2024. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data is updated monthly, averaging 0.019 % Point from Apr 2024 (Median) to Oct 2024, with 7 observations. The data reached an all-time high of 0.123 % Point in Oct 2024 and a record low of -0.080 % Point in Sep 2024. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s National Accounts – Table CN.AJ: Gross Domestic Product: Nowcast: Next Quarter. China GDP releases in January for Q4, April for Q1, July for Q2 and October for Q3. 'Next Quarter' during periods between - October release to January release refers to Q1 GDP data estimate; January release to April release refers to Q2 GDP data estimate; April release to July release refers Q3 GDP data estimate; July release to October release refers to Q4 GDP data estimate.

Gross Domestic Product (GDP): Year to Date: Shanghai data was reported at 5,392.671 RMB bn in Dec 2024. This records an increase from the previous number of 3,438.918 RMB bn for Sep 2024. Gross Domestic Product (GDP): Year to Date: Shanghai data is updated quarterly, averaging 915.402 RMB bn from Dec 1992 (Median) to Dec 2024, with 108 observations. The data reached an all-time high of 5,392.671 RMB bn in Dec 2024 and a record low of 89.449 RMB bn in Mar 2000. Gross Domestic Product (GDP): Year to Date: Shanghai data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q3 2024 about GDP and USA.

GDP: Year to Date: Sichuan: Yibin data was reported at 400.576 RMB bn in Dec 2024. This records an increase from the previous number of 260.659 RMB bn for Sep 2024. GDP: Year to Date: Sichuan: Yibin data is updated quarterly, averaging 114.790 RMB bn from Dec 2010 (Median) to Dec 2024, with 50 observations. The data reached an all-time high of 400.576 RMB bn in Dec 2024 and a record low of 30.290 RMB bn in Mar 2013. GDP: Year to Date: Sichuan: Yibin data remains active status in CEIC and is reported by Yibin Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: Quarterly.

GDP: Year to Date: Secondary Industry: Liaoning: Fuxin data was reported at 18.810 RMB bn in Dec 2024. This records an increase from the previous number of 12.040 RMB bn for Sep 2024. GDP: Year to Date: Secondary Industry: Liaoning: Fuxin data is updated quarterly, averaging 11.079 RMB bn from Dec 2010 (Median) to Dec 2024, with 27 observations. The data reached an all-time high of 28.496 RMB bn in Dec 2013 and a record low of 2.620 RMB bn in Mar 2020. GDP: Year to Date: Secondary Industry: Liaoning: Fuxin data remains active status in CEIC and is reported by Fuxin Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: Secondary Industry: Quarterly.