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.

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.

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

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

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

The gross domestic product (GDP) in current prices in Indonesia amounted to about 1.40 trillion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 1.30 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 669.21 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 Ghana was worth 82.83 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Ghana represents 0.08 percent of the world economy. This dataset provides the latest reported value for - Ghana 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) in current prices in Ireland was about 577.22 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 555.79 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 156.96 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 the Bahamas was estimated at about 14.76 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 12.16 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 3.13 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.

Brazil: Gross Domestic Product, billions of U.S. dollars: The latest value from 2023 is 2173.67 billion U.S. dollars, an increase from 1951.92 billion U.S. dollars in 2022. In comparison, the world average is 569.16 billion U.S. dollars, based on data from 184 countries. Historically, the average for Brazil from 1960 to 2023 is 761.58 billion U.S. dollars. The minimum value, 17.03 billion U.S. dollars, was reached in 1960 while the maximum of 2616.16 billion U.S. dollars was recorded in 2011.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for United States (USAGDPNQDSMEI) from Q1 1960 to Q3 2023 about GDP and USA.

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Germany: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 4659.93 billion U.S. dollars, an increase from 4525.7 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 Germany from 1960 to 2024 is 1924.88 billion U.S. dollars. The minimum value, 84.62 billion U.S. dollars, was reached in 1960 while the maximum of 4659.93 billion U.S. dollars was recorded in 2024.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

Kazakhstan: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 288.41 billion U.S. dollars, an increase from 261.84 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 Kazakhstan from 1990 to 2024 is 110.14 billion U.S. dollars. The minimum value, 16.87 billion U.S. dollars, was reached in 1999 while the maximum of 288.41 billion U.S. dollars was recorded in 2024.

The gross domestic product (GDP) in current prices in Iran was about 401.36 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 305.51 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 89.56 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.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 Russia was worth 2173.84 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Russia represents 2.05 percent of the world economy. This dataset provides the latest reported value for - Russia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Palau: Gross Domestic Product, billions of U.S. dollars: The latest value from 2023 is 0.28 billion U.S. dollars, an increase from 0.26 billion U.S. dollars in 2022. In comparison, the world average is 569.16 billion U.S. dollars, based on data from 184 countries. Historically, the average for Palau from 1970 to 2023 is 0.13 billion U.S. dollars. The minimum value, 0.01 billion U.S. dollars, was reached in 1970 while the maximum of 0.3 billion U.S. dollars was recorded in 2016.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Japan (JPNGDPNQDSMEI) from Q1 1994 to Q3 2023 about Japan and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for China (CHNGDPNQDSMEI) from Q1 1992 to Q3 2023 about China and GDP.