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.

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

U.S. GDP for 2023 was 27.721 trillion US dollars, a 6.59% increase from 2022.

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

<li>U.S. GDP for 2022 was <strong>26.007 trillion US dollars</strong>, a <strong>9.82% increase</strong> from 2021.</li>
<li>U.S. GDP for 2021 was <strong>23.681 trillion US dollars</strong>, a <strong>10.9% increase</strong> from 2020.</li>
<li>U.S. GDP for 2020 was <strong>21.354 trillion US dollars</strong>, a <strong>0.86% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices 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. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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.

The Ministry of Finance (MoF) and the Central Statistical Office (CSO) have published helpful information on the Gross Domestic Production (GDP) that can be accessed via shared links. The GDP dataset links are based on the following: Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /TT$ Millions/ for 2018 to 2022 Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /Percentage Change/ for 2018 to 2022 Gross Domestic Product of Trinidad and Tobago at Constant (2012) Market Prices /Percentage Contribution/ for 2018 to 2022 Gross Domestic Product of Trinidad and Tobago at Market Prices (Current Prices) /TT$ Millions/ for 2018 to 2022 Gross Domestic Product of Trinidad and Tobago at Market Prices (Current Prices) /Percentage Change/ for 2018 to 2022 Gross Domestic Product of Trinidad and Tobago at Market Prices (Current Prices) /Percentage Contribution/ for 2018 to 2022

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.

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.

This statistic shows the growth of the real gross domestic product (GDP) in selected world regions from 2021 to 2024. According to the forecast, the GDP in the developed economies will grow by 2.7 percent in 2024, compared to the previous year.

Graph and download economic data for Real Gross Domestic Product for Mexico (NGDPRSAXDCMXQ) from Q1 1993 to Q1 2025 about Mexico, real, and GDP.

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.

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 Gross domestic product per capita (A939RC0A052NBEA) from 1929 to 2024 about per capita, GDP, 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.

Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, all levels of industries, (dollars x 1,000,000), annual, 5 most recent time periods.

US: GDP: Final Consumption Expenditure: Include Discrepancy data was reported at 15,478.781 USD bn in 2016. This records an increase from the previous number of 14,943.057 USD bn for 2015. US: GDP: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 4,166.663 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 15,478.781 USD bn in 2016 and a record low of 416.700 USD bn in 1960. US: GDP: Final Consumption Expenditure: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

GDP Index: Primary Industry: Fujian data was reported at 103.400 Prev Year=100 in 2024. This records a decrease from the previous number of 104.200 Prev Year=100 for 2023. GDP Index: Primary Industry: Fujian data is updated yearly, averaging 104.107 Prev Year=100 from Dec 1952 (Median) to 2024, with 73 observations. The data reached an all-time high of 118.600 Prev Year=100 in 1963 and a record low of 82.100 Prev Year=100 in 1960. GDP Index: Primary Industry: Fujian 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.AB: Gross Domestic Product: Index: by Province.

GDP Index: Secondary Industry: Henan data was reported at 106.800 Prev Year=100 in 2024. This records an increase from the previous number of 104.700 Prev Year=100 for 2023. GDP Index: Secondary Industry: Henan data is updated yearly, averaging 112.000 Prev Year=100 from Dec 1952 (Median) to 2024, with 73 observations. The data reached an all-time high of 146.900 Prev Year=100 in 1966 and a record low of 50.100 Prev Year=100 in 1961. GDP Index: Secondary Industry: Henan 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.AB: Gross Domestic Product: Index: by Province.

The statistic depicts Mexico's gross domestic product (GDP) per capita from 1987 to 2020, with projections up until 2030. The 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 for the economic strength of a country. In 2020, Mexico's GDP per capita amounted to approximately 8,744.03 U.S. dollars. For further information, see Mexico's GDP. Economy of Mexico Mexico is the third largest economy in North America and is swiftly becoming a modernized nation with more industrial and service sectors to maintain and promote economic growth nationwide. Mexico is primarily an export-oriented economy and has seen constant growth in regards to the export of goods every year over the past decade, with the exception of 2009. Mexico is also considered to be one of the premier exporters in the world, exporting more goods and services than other export-prominent countries such as Saudi Arabia and India. Like many other industrial countries worldwide, Mexico experienced an economic downturn during the global financial crisis. Several indicators of Mexico’s economic slump would be a spike in unemployment as well as a significant drop in GDP in 2009. Additionally, inflation rates slightly increased over the course of 2 years. However, Mexico’s economy evidently recovered, in particular with its inflation rate, which reached a decade low, as well as its gross domestic product per capita, which attained decade high values, both in 2014.

GDP Index: Heilongjiang data was reported at 103.200 Prev Year=100 in 2024. This records an increase from the previous number of 102.800 Prev Year=100 for 2023. GDP Index: Heilongjiang data is updated yearly, averaging 107.826 Prev Year=100 from Dec 1953 (Median) to 2024, with 72 observations. The data reached an all-time high of 140.500 Prev Year=100 in 1958 and a record low of 58.300 Prev Year=100 in 1961. GDP Index: Heilongjiang data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.AB: Gross Domestic Product: Index: by Province.

Gross Domestic Product (GDP): Hubei data was reported at 1,354.349 RMB bn in Mar 2025. This records an increase from the previous number of 1,243.300 RMB bn for Mar 2024. Gross Domestic Product (GDP): Hubei data is updated quarterly, averaging 1,354.349 RMB bn from Mar 2022 (Median) to Mar 2025, with 9 observations. The data reached an all-time high of 1,643.602 RMB bn in Dec 2022 and a record low of 1,100.300 RMB bn in Mar 2022. Gross Domestic Product (GDP): Hubei 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.