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.

Historical chart and dataset showing U.S. GDP by year from 1960 to 2023.

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.

In 2023, the real gross domestic product (GDP) of Florida was about 1.28 trillion U.S. dollars. This is an increase from the previous year, when the state's GDP stood at around 1.22 trillion U.S. dollars.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q1 2025 about GDP and USA.

In most years since 1980, global GDP growth has been relatively consistent, generally fluctuating between two and five percent growth from year to year. The most notable exceptions to this were during the Great Recession in 2009, and again in 2020 during the Covid-19 pandemic, where the global economy actually shrank in both of these years. As the world economy continues to deal with the economic impact of the pandemic, as well as the fallout from Russia's invasion of Ukraine in 2022, the future remains uncertain, however current estimates suggest that annual growth will return to steady figures of around 3 percent in 2029.

This dataset provides values for FULL YEAR GDP GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Turkmenistan was worth 64.24 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Turkmenistan represents 0.06 percent of the world economy. This dataset provides the latest reported value for - Turkmenistan GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Full Year GDP Growth in Cuba decreased to -1.90 percent in 2023 from 1.80 percent in 2022. This dataset includes a chart with historical data for Cuba Full Year Gdp Growth.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q1 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States (USAGDPRQPSMEI) from Q1 1948 to Q1 2025 about real, GDP, rate, and USA.

Graph and download economic data for Gross Domestic Product: All Industry Total in Illinois (ILNGSP) from 1997 to 2024 about IL, GSP, industry, GDP, and USA.

Historical chart and dataset showing Norway GDP by year from 1960 to 2023.

Full Year GDP Growth in Germany decreased by 0.20 percent in 2024 from -0.30 percent in 2023. This dataset includes a chart with historical data for Germany Full Year GDP Growth.

Full Year GDP Growth in Slovakia increased to 2.10 percent in 2024 from 1.60 percent in 2023. This dataset includes a chart with historical data for Slovakia Full Year GDP Growth.

In 2023, the real gross domestic product (GDP) of Texas was 2.03 trillion U.S. dollars. This is an increase from the previous year, when the state's real GDP stood at 1.92 trillion U.S. dollars.

Gross Domestic Product (GDP): Year to Date: Xinjiang data was reported at 472.909 RMB bn in Mar 2025. This records a decrease from the previous number of 2,053.408 RMB bn for Dec 2024. Gross Domestic Product (GDP): Year to Date: Xinjiang data is updated quarterly, averaging 279.566 RMB bn from Dec 1992 (Median) to Mar 2025, with 109 observations. The data reached an all-time high of 2,053.408 RMB bn in Dec 2024 and a record low of 16.715 RMB bn in Mar 1999. Gross Domestic Product (GDP): Year to Date: Xinjiang 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.

Historical chart and dataset showing Azerbaijan GDP by year from 1990 to 2023.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSDFYGDP) from 1930 to 2023 about budget, federal, percent, GDP, and USA.