The Gross Domestic Product (GDP) in the United States contracted 0.20 percent in the first 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.

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.

This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.

GDP Sales QoQ in the United States remained unchanged at 3.30 percent in the fourth quarter of 2024 from 3.30 percent in the third quarter of 2024. This dataset includes a chart with historical data for the United States GDP Sales QoQ.

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.

GDP, billion currency units in the USA, March, 2025 The most recent value is 7494.15 billion U.S. Dollar as of Q1 2025, an increase compared to the previous value of 7430.98 billion U.S. Dollar. Historically, the average for the USA from Q1 1960 to Q1 2025 is 2229.4 billion U.S. Dollar. The minimum of 135.28 billion U.S. Dollar was recorded in Q4 1960, while the maximum of 7494.15 billion U.S. Dollar was reached in Q1 2025. | TheGlobalEconomy.com

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

The United States recorded a Current Account deficit of 3.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data is updated weekly, averaging 0.000 % from Jan 2020 (Median) to 12 May 2025, with 279 observations. The data reached an all-time high of 51.517 % in 06 Jul 2020 and a record low of 0.000 % in 12 May 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Unemployment Rate.

Across the United States, the United Kingdom, Germany, and the European Union, gross domestic products (GDP) decreased in 2020 as a result of the COVID-19 pandemic. However, by 2021, growth rates were positive in all four areas again. The United Kingdom, Germany, and the European Union all experiencing slow economic growth in 2023 amid high inflation, with Germany even seeing an economic recession. GDP and its components GDP refers to the total market value of all goods and services that are produced within a country per year. It is composed of government spending, consumption, business investments and net exports. It is an important indicator to measure the economic strength of a country. Economists rely on a variety of factors when predicting future performance of the GDP. Inflation rate is one of the economic indicators providing insight into the future behavior of households, which make up a significant proportion of GDP. Projections are based on the past performance of such information. Future considerations Some factors can be more easily predicted than others. For example, projections of the annual inflation rate of the United States are easy to come by. However, the intensity and impact of something like Brexit is difficult to predict. Moreover, the occurrence and impact of events such as the COVID-19 pandemic and Russia's war in Ukraine is difficult to foresee. Hence, actual GDP growth may be higher or lower than the original estimates.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 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 Russia'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.

GDP (current US$) in France was reported at 3051831611385 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

GDP (current US$) in Sudan was reported at 109265503111 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sudan - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

United States GDP Nowcast: saar: YoY: Contribution: Production: Manufacturing Industries: sa: Shipment data was reported at 0.146 % in 12 May 2025. This records an increase from the previous number of 0.145 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Production: Manufacturing Industries: sa: Shipment data is updated weekly, averaging 0.098 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 0.341 % in 30 Sep 2024 and a record low of 0.000 % in 17 Aug 2020. United States GDP Nowcast: saar: YoY: Contribution: Production: Manufacturing Industries: sa: Shipment data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q1 2025 about implicit price deflator, headline figure, inflation, GDP, and USA.

United States GDP Nowcast: saar: YoY: Contribution: Consumer Survey: Consumer Confidence Index (CCI): sa data was reported at 2.665 % in 14 Apr 2025. This records an increase from the previous number of 2.657 % for 07 Apr 2025. United States GDP Nowcast: saar: YoY: Contribution: Consumer Survey: Consumer Confidence Index (CCI): sa data is updated weekly, averaging 3.917 % from Jan 2019 (Median) to 14 Apr 2025, with 328 observations. The data reached an all-time high of 15.876 % in 17 Feb 2020 and a record low of 0.757 % in 01 Feb 2021. United States GDP Nowcast: saar: YoY: Contribution: Consumer Survey: Consumer Confidence Index (CCI): sa data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

gdp growth rate for 2023 was 4.41%, a 0.38% decline from 2022.

<ul style='margin-top:20px;'>

<li> gdp growth rate for 2022 was <strong>4.80%</strong>, a <strong>0.6% increase</strong> from 2021.</li>
<li> gdp growth rate for 2021 was <strong>4.20%</strong>, a <strong>3.96% increase</strong> from 2020.</li>
<li> gdp growth rate for 2020 was <strong>0.24%</strong>, a <strong>4.18% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

GDP (current US$) in Norway was reported at 485310823604 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

United States Ref. Year = 2017: GDP: Volume: Total Expenditure data was reported at 28,216.869 USD bn in 2026. This records an increase from the previous number of 27,629.871 USD bn for 2025. United States Ref. Year = 2017: GDP: Volume: Total Expenditure data is updated yearly, averaging 11,385.034 USD bn from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 28,216.869 USD bn in 2026 and a record low of 3,499.000 USD bn in 1960. United States Ref. Year = 2017: GDP: Volume: Total Expenditure 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 United States – Table US.OECD.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual. TEV - Total expenditure, nominal value OECD calculation, see OECD Economic Outlook database documentation