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

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.

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 the United States contracted 0.50 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 Gross Domestic Product (GDP) in the United States expanded 2 percent in the first quarter of 2025 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.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Ohio (OHRGSP) from 1997 to 2024 about OH, GSP, real, industry, GDP, and USA.

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 the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.

What does GDP growth mean?

Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.

Countries with highest GDP growth rate

Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

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

Graph and download economic data for Gross Domestic Product: All Industry Total in Missouri (MONQGSP) from Q1 2005 to Q1 2025 about MO, GSP, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Florida (FLRQGSP) from Q1 2005 to Q1 2025 about GSP, FL, real, industry, GDP, and USA.

Gross Domestic Product in United States was 22749846000000.00000 Bil. of Chn. 2005 US $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product in United States reached a record high of 22749846000000.00000 in January of 2024 and a record low of 2172432000000.00000 in July of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product in United States - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Gross Domestic Product: All Industry Total in the United States (USNQGSP) from Q1 2005 to Q1 2025 about GSP, industry, GDP, and USA.

United States - Gross domestic product: Imputations was 3726.90400 Bil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - Gross domestic product: Imputations reached a record high of 3726.90400 in January of 2022 and a record low of 6.89400 in January of 1933. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Gross domestic product: Imputations - last updated from the United States Federal Reserve on July of 2025.

United States - Real Gross Domestic Product was 23526.08500 Bil. of Chn. 2009 $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Real Gross Domestic Product reached a record high of 23530.90900 in October of 2024 and a record low of 2172.43200 in July of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Real Gross Domestic Product - last updated from the United States Federal Reserve on June of 2025.

The Gross Domestic Product (GDP) in Germany was worth 4659.93 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Germany represents 4.39 percent of the world economy. This dataset provides the latest reported value for - Germany 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 China was worth 18743.80 billion US dollars in 2024, according to official data from the World Bank. The GDP value of China represents 17.65 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Domestic Product: Motion Picture and Sound Recording Industries (NAICS 512) in New York was 24498.90000 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product: Motion Picture and Sound Recording Industries (NAICS 512) in New York reached a record high of 24498.90000 in January of 2023 and a record low of 7910.60000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Motion Picture and Sound Recording Industries (NAICS 512) in New York - last updated from the United States Federal Reserve on July of 2025.

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.

United States - Command-Basis Gross Domestic Product was 2.90000 % Chg. from Preceding Period in January of 2024, according to the United States Federal Reserve. Historically, United States - Command-Basis Gross Domestic Product reached a record high of 18.70000 in January of 1942 and a record low of -13.00000 in January of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Command-Basis Gross Domestic Product - last updated from the United States Federal Reserve on June of 2025.