In 2024, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.4 trillion U.S. dollars, whereas Mexico's amounted to almost two trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

The gross domestic product (GDP) of the United States amounted to **** trillion U.S. dollars in 2023, making it the largest economy in the G20 and the largest worldwide. China was the second largest economy in that year, with a GDP valued at **** trillion U.S. dollars. It is worth noticing that while the U.S. GDP was forecast to increase by around **** trillion U.S. dollars until 2027, China's GDP is forecast to grow by around *** trillion U.S. dollars in the same time.

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 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.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Normalized for United States (USALORSGPNOSTSAM) from Feb 1947 to Nov 2023 about leading indicator and GDP.

United States State Leading Index: Massachusetts data was reported at 0.270 % in Jul 2018. This records a decrease from the previous number of 1.314 % for Jun 2018. United States State Leading Index: Massachusetts data is updated monthly, averaging 1.687 % from Jan 1982 (Median) to Jul 2018, with 439 observations. The data reached an all-time high of 5.452 % in Jun 1983 and a record low of -4.495 % in Jan 2009. United States State Leading Index: Massachusetts data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S008: State Leading Index.

The United States has, by far, the largest gross domestic product (GDP) of the G7 countries. Moreover, while the GDP of the other six countries fluctuated between 2000 and 2024, the U.S.' grew almost constantly, reaching an estimated 29.2 trillion U.S. dollars in 2024. The United States is also the world's largest economy ahead of China. Germany had the second largest economy of the G7 countries at around 4.7 trillion U.S. dollars.

United States State Leading Index: Minnesota data was reported at 2.333 % in Jul 2018. This records a decrease from the previous number of 2.428 % for Jun 2018. United States State Leading Index: Minnesota data is updated monthly, averaging 1.588 % from Jan 1982 (Median) to Jul 2018, with 439 observations. The data reached an all-time high of 3.973 % in Jul 1983 and a record low of -2.349 % in Mar 2009. United States State Leading Index: Minnesota data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S008: State Leading Index.

The average for 2023 based on 20 countries was 32.24 million. The highest value was in Brazil: 216.42 million and the lowest value was in Puerto Rico: 3.21 million. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Major Five Asia was 99.95974 Index in August of 2023, according to the United States Federal Reserve. Historically, United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Major Five Asia reached a record high of 102.57904 in December of 2007 and a record low of 86.26633 in February of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Major Five Asia - last updated from the United States Federal Reserve on May of 2025.

Graph and download economic data for Gross Domestic Product: Private Services-Providing Industries in Major County, OK (GDPSERV40093) from 2001 to 2023 about Major County, OK; services-providing; OK; private; industry; GDP; and USA.

The size of the five original BRICS economies in 2023 - Brazil, Russia, China, India, South Africa - is comparable to the United States and the EU-27 put together. On a PPP (purchasing power parity) basis, China ranks as the world's largest economy. India takes up the economic parity of about **** the EU-27. The rise of these developing economies gave rise to questions on the role the United States plays in international trade and cross-border finance. FX reserve managers around the world expect to shift their holdings towards the Chinese yuan in the long term, as of 2023.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSDFYGDP) from 1930 to 2023 about budget, federal, percent, GDP, and USA.

United States Treasury Securities: Foreign Holder: Latin America data was reported at 489.758 USD bn in Jan 2025. This records a decrease from the previous number of 496.453 USD bn for Dec 2024. United States Treasury Securities: Foreign Holder: Latin America data is updated monthly, averaging 427.467 USD bn from Dec 2011 (Median) to Jan 2025, with 158 observations. The data reached an all-time high of 521.161 USD bn in Sep 2024 and a record low of 331.815 USD bn in Dec 2011. United States Treasury Securities: Foreign Holder: Latin America data remains active status in CEIC and is reported by U.S. Department of the Treasury. The data is categorized under Global Database’s United States – Table US.Z061: Major Foreign Holders of US Treasury Securities.

The average for 2023 based on 10 countries was 53.56 billion U.S. dollars. The highest value was in Brazil: 289.79 billion U.S. dollars and the lowest value was in Suriname: 0.88 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Graph and download economic data for Amplitude-Adjusted Composite Index of Leading Series, Eight Series, Weighted for United States (M1602BUSM358SNBR) from Jan 1948 to Sep 1964 about leading index, composite, and USA.

Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Major Five Asia was 151.89180 Index in August of 2023, according to the United States Federal Reserve. Historically, Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Major Five Asia reached a record high of 151.89180 in August of 2023 and a record low of 8.54763 in January of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Major Five Asia - last updated from the United States Federal Reserve on July of 2025.

United States State Leading Index: New Jersey data was reported at 1.727 % in Jul 2018. This records a decrease from the previous number of 2.170 % for Jun 2018. United States State Leading Index: New Jersey data is updated monthly, averaging 1.280 % from Jan 1982 (Median) to Jul 2018, with 439 observations. The data reached an all-time high of 3.499 % in Jul 1983 and a record low of -2.412 % in Mar 2009. United States State Leading Index: New Jersey data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S008: State Leading Index.

The statistic shows the largest countries in South America, based on land area. Brazil is the largest country by far, with a total area of over 8.5 million square kilometers, followed by Argentina, with almost 2.8 million square kilometers.

In North America Sharing Economy Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,