100+ datasets found
  1. Gross domestic product (GDP) growth rate in the United States 2029

    • statista.com
    Updated Nov 29, 2024
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    Statista (2024). Gross domestic product (GDP) growth rate in the United States 2029 [Dataset]. https://www.statista.com/statistics/263614/gross-domestic-product-gdp-growth-rate-in-the-united-states/
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    Dataset updated
    Nov 29, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2019 to 2023, with projections up until 2029. 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 2023, the growth of the real gross domestic product in the United States was around 2.53 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.

  2. F

    Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally...

    • fred.stlouisfed.org
    json
    Updated Apr 10, 2024
    + more versions
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    (2024). Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United States [Dataset]. https://fred.stlouisfed.org/series/LORSGPORUSQ659S
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    jsonAvailable download formats
    Dataset updated
    Apr 10, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    United States
    Description

    Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United States (LORSGPORUSQ659S) from Q1 1948 to Q4 2023 about leading indicator, GDP, and USA.

  3. F

    Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally...

    • fred.stlouisfed.org
    json
    Updated Apr 10, 2024
    + more versions
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    (2024). Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Turkiye [Dataset]. https://fred.stlouisfed.org/series/LORSGPORTRQ659S
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    jsonAvailable download formats
    Dataset updated
    Apr 10, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Türkiye
    Description

    Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Turkiye (LORSGPORTRQ659S) from Q1 1961 to Q3 2023 about leading indicator, Turkey, and GDP.

  4. India - Economy and Growth

    • data.humdata.org
    csv
    Updated Feb 27, 2025
    + more versions
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    World Bank Group (2025). India - Economy and Growth [Dataset]. https://data.humdata.org/dataset/world-bank-economy-and-growth-indicators-for-india
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    csv(1276898), csv(5423)Available download formats
    Dataset updated
    Feb 27, 2025
    Dataset provided by
    World Bankhttp://worldbank.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

    Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

  5. Iraq - Economy and Growth

    • data.humdata.org
    csv
    Updated Jan 27, 2025
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    World Bank Group (2025). Iraq - Economy and Growth [Dataset]. https://data.humdata.org/dataset/world-bank-economy-and-growth-indicators-for-iraq
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    csv(795412), csv(4034)Available download formats
    Dataset updated
    Jan 27, 2025
    Dataset provided by
    World Bankhttp://worldbank.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Iraq
    Description

    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

    Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

  6. Haiti - Economy and Growth

    • data.humdata.org
    csv
    Updated Feb 27, 2025
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    World Bank Group (2025). Haiti - Economy and Growth [Dataset]. https://data.humdata.org/dataset/world-bank-economy-and-growth-indicators-for-haiti
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    csv(5292), csv(883984)Available download formats
    Dataset updated
    Feb 27, 2025
    Dataset provided by
    World Bankhttp://worldbank.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Haiti
    Description

    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

    Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

  7. Trinidad and Tobago - Economy and Growth

    • data.humdata.org
    csv
    Updated Feb 27, 2025
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    World Bank Group (2025). Trinidad and Tobago - Economy and Growth [Dataset]. https://data.humdata.org/dataset/world-bank-economy-and-growth-indicators-for-trinidad-and-tobago
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    csv(764086), csv(5454)Available download formats
    Dataset updated
    Feb 27, 2025
    Dataset provided by
    World Bankhttp://worldbank.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Trinidad and Tobago
    Description

    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

    Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

  8. F

    Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally...

    • fred.stlouisfed.org
    json
    Updated Apr 10, 2024
    + more versions
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    (2024). Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Germany [Dataset]. https://fred.stlouisfed.org/series/LORSGPORDEQ659S
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Apr 10, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Germany
    Description

    Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Germany (LORSGPORDEQ659S) from Q1 1961 to Q4 2023 about leading indicator, Germany, and GDP.

  9. Monthly change of industrial production in China 2025

    • statista.com
    Updated Jan 24, 2025
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    Statista Research Department (2025). Monthly change of industrial production in China 2025 [Dataset]. https://www.statista.com/topics/5819/key-economic-indicators-of-china/
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    Dataset updated
    Jan 24, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Area covered
    China
    Description

    In January and February 2025, industrial production in China increased by 5.9 percent. On a month-to-month basis, industrial production grew by 0.51 percent in February 2025.

  10. Approaches of domestic product (GDP); National Accounts

    • data.overheid.nl
    • cbs.nl
    atom, json
    Updated Jun 24, 2024
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    Centraal Bureau voor de Statistiek (Rijk) (2024). Approaches of domestic product (GDP); National Accounts [Dataset]. https://data.overheid.nl/dataset/48177-approaches-of-domestic-product--gdp---national-accounts
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    json(KB), atom(KB)Available download formats
    Dataset updated
    Jun 24, 2024
    Dataset provided by
    Statistics Netherlands
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    This table presents annual data on the output components, the final expenditure categories and the income components of gross domestic product of the Netherlands. In the national accounts gross domestic product is approached from three points of view: from the output, from the generation of income and from the final expenditure. Gross domestic product is a main macroeconomic indicator. The volume change of gross domestic product is a measure for the economic growth of a country.

    Data available from: 1995.

    Status of the figures: Data from 1995 up to and including 2022 are final. Data of 2023 are provisional.

    Changes as of June 24th 2024: This is a new table. Statistics Netherlands has carried out a revision of the national accounts. The Dutch national accounts are recently revised. New statistical sources, methods and concepts are implemented in the national accounts, in order to align the picture of the Dutch economy with all underlying source data and international guidelines for the compilation of the national accounts. This table contains revised data. For further information see section 3.

    When will new figures be published? Provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year.

  11. U

    United States Nominal GDP Growth

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). United States Nominal GDP Growth [Dataset]. https://www.ceicdata.com/en/indicator/united-states/nominal-gdp-growth
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    United States
    Description

    Key information about US Nominal GDP Growth

    • United States Nominal GDP Growth was reported at 5.028 % in Dec 2024.
    • This records a decrease from the previous number of 5.032 % for Sep 2024.
    • US Nominal GDP Growth data is updated quarterly, averaging 6.138 % from Mar 1948 to Dec 2024, with 308 observations.
    • The data reached an all-time high of 19.646 % in Mar 1951 and a record low of -6.835 % in Jun 2020.
    • US Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
    • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

    CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Bureau of Economic Analysis provides Nominal GDP in USD.

  12. F

    Leading Indicators OECD: Reference Series: Gross Domestic Product: Original...

    • fred.stlouisfed.org
    json
    Updated Dec 28, 2022
    + more versions
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    (2022). Leading Indicators OECD: Reference Series: Gross Domestic Product: Original Series for Norway [Dataset]. https://fred.stlouisfed.org/series/LORSGPORNOQ661S
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    jsonAvailable download formats
    Dataset updated
    Dec 28, 2022
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Norway
    Description

    Graph and download economic data for Leading Indicators OECD: Reference Series: Gross Domestic Product: Original Series for Norway (LORSGPORNOQ661S) from Q1 1960 to Q3 2022 about Norway, leading indicator, and GDP.

  13. Gross domestic product (GDP) growth rate in China 2014-2029

    • statista.com
    Updated Jan 17, 2025
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    Statista (2025). Gross domestic product (GDP) growth rate in China 2014-2029 [Dataset]. https://www.statista.com/statistics/263616/gross-domestic-product-gdp-growth-rate-in-china/
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    Dataset updated
    Jan 17, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 4.6 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2023, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 27.5 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 823 billion U.S. dollars in 2023.

  14. a

    Indicator 1.5.2: Direct economic loss attributed to disasters (current...

    • sdgdaf-sdgs.hub.arcgis.com
    • sdgs.amerigeoss.org
    Updated Sep 9, 2021
    + more versions
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    UN DESA Statistics Division (2021). Indicator 1.5.2: Direct economic loss attributed to disasters (current United States dollars) [Dataset]. https://sdgdaf-sdgs.hub.arcgis.com/items/80b1b9fba0a2417985982179b91c30e9
    Explore at:
    Dataset updated
    Sep 9, 2021
    Dataset authored and provided by
    UN DESA Statistics Division
    Area covered
    Pacific Ocean, North Pacific Ocean
    Description

    Series Name: Direct economic loss attributed to disasters (current United States dollars)Series Code: VC_DSR_GDPLSRelease Version: 2021.Q2.G.03 This dataset is the part of the Global SDG Indicator Database compiled through the UN System in preparation for the Secretary-General's annual report on Progress towards the Sustainable Development Goals.Indicator 1.5.2: Direct economic loss attributed to disasters in relation to global gross domestic product (GDP)Target 1.5: By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disastersGoal 1: End poverty in all its forms everywhereFor more information on the compilation methodology of this dataset, see https://unstats.un.org/sdgs/metadata/

  15. Virgin Islands (U.S.) - Economy and Growth

    • data.humdata.org
    csv
    Updated Feb 27, 2025
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    World Bank Group (2025). Virgin Islands (U.S.) - Economy and Growth [Dataset]. https://data.humdata.org/dataset/world-bank-economy-and-growth-indicators-for-virgin-islands-u-s
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    csv(187219), csv(2411)Available download formats
    Dataset updated
    Feb 27, 2025
    Dataset provided by
    World Bankhttp://worldbank.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    U.S. Virgin Islands
    Description

    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

    Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

  16. Belgium - Economy and Growth

    • data.amerigeoss.org
    • data.humdata.org
    csv
    Updated Mar 12, 2025
    + more versions
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    UN Humanitarian Data Exchange (2025). Belgium - Economy and Growth [Dataset]. https://data.amerigeoss.org/dataset/world-bank-economy-and-growth-indicators-for-belgium
    Explore at:
    csv(4258), csv(953897)Available download formats
    Dataset updated
    Mar 12, 2025
    Dataset provided by
    United Nationshttp://un.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Belgium
    Description

    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

    Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

  17. Countries with the highest growth of the gross domestic product (GDP) 2023

    • statista.com
    Updated Jul 4, 2024
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    Statista (2024). Countries with the highest growth of the gross domestic product (GDP) 2023 [Dataset]. https://www.statista.com/statistics/273977/countries-with-the-highest-growth-of-the-gross-domestic-product-gdp/
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    Dataset updated
    Jul 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Worldwide
    Description

    This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2023. In 2023, Guyana ranked 2nd with an estimated GDP growth of approximately 32.96 percent compared to the previous year. GDP around the world Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly 75 trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than 18.56 trillion U.S. dollars, which makes up more than 15.7 percent of the global GDP. The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016. Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by 6 percent. Based on this estimate, GDP in China will be at around 14.6 trillion U.S. dollars by 2019.

  18. Gross domestic product (GDP) growth rate in Italy 2029

    • statista.com
    Updated Nov 29, 2024
    + more versions
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    Statista (2024). Gross domestic product (GDP) growth rate in Italy 2029 [Dataset]. https://www.statista.com/statistics/263606/gross-domestic-product-gdp-growth-rate-in-italy/
    Explore at:
    Dataset updated
    Nov 29, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Italy
    Description

    This statistic shows the real gross domestic product (GDP) growth rate in Italy from 2019 to 2023, with projections up until 2029. 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 2023, Italy's real GDP increased by about 0.92 percent compared to the previous year.

    Italy's national debt

    Italy’s economy is a developed industrial economy that ranks as one of the largest in the world. A large and efficient economy has helped Italy attain a spot as a member of the G7 and G8, as well as the European Union. After the Second World War, Italy experienced a significant economic boost due to support from the ‘’Free World’’, which is a term used to identify non-communist countries during the Cold War. But several decades of economic growth came to an end after the 2008 recession; from roughly 2007 to 2011, the Italian’s encountered multiple setbacks that shrunk the national economy and dramatically affected the country as a whole. Debt became a major problem and Italy saw annual national debt growth primarily due to the country’s inability to maintain its budget properly as well as an overall decrease in GDP. As a result, investors often questioned the country’s ability to pay off its debts without incurring further debt, particularly due to the country’s large debt-to-GDP ratio, which remains one of the highest in the world.

  19. c

    OECD Main Economic Indicators, 1955-2021

    • datacatalogue.cessda.eu
    • b2find.dkrz.de
    Updated Nov 28, 2024
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    Organisation for Economic Co-operation and Development (2024). OECD Main Economic Indicators, 1955-2021 [Dataset]. http://doi.org/10.5255/UKDA-SN-4744-9
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    Dataset updated
    Nov 28, 2024
    Authors
    Organisation for Economic Co-operation and Development
    Area covered
    United Kingdom
    Variables measured
    Administrative units (geographical/political), Cross-national, National
    Description

    Abstract copyright UK Data Service and data collection copyright owner.


    The Organisation for Economic Co-operation and Development (OECD) produces annual, quarterly and monthly data for main economic indicators (MEI). The variables cover national accounts, industrial production, employment, prices, business trends and trade for the member countries of the OECD and select non-member countries. The dataset also includes the OECD's leading indicators (key variables that signal changes in the business cycle).

    The OECD defines each variable separately for each country. Nevertheless, the data are considered sufficiently similar to enable comparisons between countries, especially for relative values and rates of change.

    These data were first provided by the UK Data Service in January 2003.


    Main Topics:

    The topics listed below correspond to the first OECD subject level:
    • leading indicators (indicators that run 6-12 months ahead of GNP cycle)
    • national accounts
    • national income
    • production
    • business tendency surveys
    • consumer surveys
    • manufacturing
    • construction
    • domestic demand
    • employment
    • unemployment
    • other labour market indicators
    • labour compensation
    • producer prices
    • consumer price index
    • other prices
    • monetary aggregates and their components
    • domestic credit and debt
    • interest rates
    • security issues
    • share prices
    • currency conversions
    • external finance
    • foreign trade
    • balance of payments
    • capital and financial accounts
    • financial accounts
    • net errors and omissions
    • world trade

  20. Latin America & Caribbean: gross domestic product 2024, by country

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). Latin America & Caribbean: gross domestic product 2024, by country [Dataset]. https://www.statista.com/statistics/802640/gross-domestic-product-gdp-latin-america-caribbean-country/
    Explore at:
    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Caribbean, Latin America, Americas, LAC
    Description

    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.

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Statista (2024). Gross domestic product (GDP) growth rate in the United States 2029 [Dataset]. https://www.statista.com/statistics/263614/gross-domestic-product-gdp-growth-rate-in-the-united-states/
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Gross domestic product (GDP) growth rate in the United States 2029

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12 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Nov 29, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2019 to 2023, with projections up until 2029. 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 2023, the growth of the real gross domestic product in the United States was around 2.53 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.

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