View quarterly updates and historical trends for US GDP - Contribution of Finance and Insurance Industries. from United States. Source: Bureau of Economic…

Graph and download economic data for Gross Domestic Product: Finance and Insurance (52) in the United States (USFININSNGSP) from 1997 to 2024 about leases, real estate, rent, finance, insurance, GSP, private industries, private, industry, GDP, and USA.

In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

Graph and download economic data for Insurance Company Assets to GDP for United States (DDDI11USA156NWDB) from 1980 to 2020 about companies, insurance, assets, GDP, and USA.

United States - Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance as a Percentage of GDP was 7.90% in April of 2025, according to the United States Federal Reserve. Historically, United States - Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance as a Percentage of GDP reached a record high of 8.50 in April of 2020 and a record low of 4.80 in October of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance as a Percentage of GDP - last updated from the United States Federal Reserve on December of 2025.

Actual value and historical data chart for United States Insurance Company Assets To GDP Percent

Graph and download economic data for Real Gross Domestic Product: Finance and Insurance (52) in the United States (USFININSRQGSP) from Q1 2005 to Q2 2025 about leases, real estate, rent, finance, insurance, GSP, private industries, private, real, industry, GDP, and USA.

Graph and download economic data for Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance as a Percentage of GDP (VAPGDPFI) from Q1 2005 to Q2 2025 about value added, financing, leases, real estate, rent, finance, insurance, private industries, percent, private, industry, GDP, and USA.

In 2023, U.S. national health expenditure as a share of its gross domestic product (GDP) reached 17.6 percent, this was an increase on the previous year. The United States has the highest health spending based on GDP share among developed countries. Both public and private health spending in the U.S. is much higher than other developed countries. Why the U.S. pays so much moreWhile private health spending in Canada stays at around three percent and in Germany under two percent of the gross domestic product, it is nearly nine percent in the United States. Another reason for high costs can be found in physicians’ salaries, which are much higher in the U.S. than in other wealthy countries. A general practitioner in the U.S. earns nearly twice as much as the average physician in other high-income countries. Additionally, medicine spending per capita is also significantly higher in the United States. Finally, inflated health care administration costs are another of the predominant factors which make health care spending in the U.S. out of proportion. It is important to state that Americans do not pay more because they have a higher health care utilization, but mainly because of higher prices. Expected developmentsBy 2031, it is expected that health care spending in the U.S. will reach nearly one fifth of the nation’s gross domestic product. Or in dollar-terms, health care expenditures will accumulate to about seven trillion U.S. dollars in total.

Medicare outlays in the United States reached 3.2 percent of GDP in 2024. This amounted to a total value of 910 billion U.S. dollars. The share of this expenditure was expected to increase to four percent of U.S. GDP by 2035.

United States GDPS: saar: AR: Pvt: Finance & Insurance data was reported at 3.968 USD bn in Jun 2018. This records a decrease from the previous number of 4.003 USD bn for Mar 2018. United States GDPS: saar: AR: Pvt: Finance & Insurance data is updated quarterly, averaging 4.428 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 5.479 USD bn in Jun 2011 and a record low of 3.391 USD bn in Dec 2008. United States GDPS: saar: AR: Pvt: Finance & Insurance data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A123: NIPA 2018: GDP by State: Southeast Region: Chain Linked 2012 Price: saar.

In 2024, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 6.2 trillion U.S. dollars to the national GDP. Gross Domestic Product Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country. U.S. GDP California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.

In 2023, insurance penetration was highest in the South Africa where the value of insurance premiums accounted for almost ** percent of GDP. Insurance penetration is used as an indicator of insurance sector development within a country and is calculated as the ratio of total insurance premiums to gross domestic product in a given year. In 2023, the insurance penetration in United States equaled **** percent of its GDP. Thus, the value of insurance premiums written in United States in that year equaled more than one **th of its GDP. Auto insurance leads the U.S. P&C marketIn 2023, private passenger auto insurance held the largest share of net premiums written by property and casualty insurance companies in the United States. Additionally, commercial auto insurance also accounted for a significant portion of net premiums. Combined, these two insurance lines made up about ** percent of the property and casualty insurance market.United States' life insurance market Households often rely on life insurance to ensure financial stability for dependents and to cover obligations like debts, mortgages, and education costs. The number of life insurance companies in the United States has remained steady over the past five years. The United States' population has been gradually climbing during this time, which means that the number of potential insurance customers has also been increasing.

Graph and download economic data for Non-Life Insurance Premium Volume to GDP for United States (DDDI10USA156NWDB) from 1996 to 2020 about premium, life, insurance, GDP, and USA.

United States - Contributions to Percent Change in Real GDP by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance was 0.70000 Percentage Points in April of 2025, according to the United States Federal Reserve. Historically, United States - Contributions to Percent Change in Real GDP by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance reached a record high of 6.39000 in January of 2009 and a record low of -2.58000 in October of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Contributions to Percent Change in Real GDP by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance - last updated from the United States Federal Reserve on November of 2025.

Gross Domestic Product: Finance and Insurance (NAICS 52) in the Plains BEA Region was 179658.50000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, Gross Domestic Product: Finance and Insurance (NAICS 52) in the Plains BEA Region reached a record high of 179658.50000 in April of 2025 and a record low of 54201.90000 in October of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Finance and Insurance (NAICS 52) in the Plains BEA Region - last updated from the United States Federal Reserve on November of 2025.

Gross Domestic Product: Private Industries: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance for United States Metropolitan Portion was 1924793.08900 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product: Private Industries: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance for United States Metropolitan Portion reached a record high of 1924793.08900 in January of 2023 and a record low of 755833.43400 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Private Industries: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance for United States Metropolitan Portion - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Real Estate and Rental and Leasing as a Percentage of GDP (VAPGDPRL) from Q1 2005 to Q2 2025 about value added, financing, leases, real estate, rent, insurance, private industries, percent, private, industry, GDP, and USA.

Gross Domestic Product: Insurance Carriers and Related Activities (NAICS 524) in the Great Lakes BEA Region was 124356.50000 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product: Insurance Carriers and Related Activities (NAICS 524) in the Great Lakes BEA Region reached a record high of 124356.50000 in January of 2023 and a record low of 41336.80000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Insurance Carriers and Related Activities (NAICS 524) in the Great Lakes BEA Region - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Full-time and part-time employees: Domestic private industries: Finance and insurance (N4257C0A173NBEA) from 1998 to 2024 about part-time, full-time, finance, insurance, private industries, domestic, private, employment, industry, GDP, and USA.