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Quarterly levels for UK gross domestic product (GDP), in chained volume measures at market prices.
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.
This dataset provides both quarterly and annual estimates of the value of the goods and services produced in Iowa as provided by the U.S. Department of Commerce, Bureau of Economic Analysis in tables SAGDP2N, SAGDP9N, SAGDP10N, SQGDP2, and SQGDP9. Annual data is available beginning in 1997, and quarterly beginning 2005. The data include breakdowns of industries' contributions. Quarterly estimates are presented as an annual rate. Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars. The annual per capita real GDP is also provided and is measured in chained dollars. In calculating the per capita real GDP, the real GDP is divided by the Census Bureau’s annual midyear (July 1) population estimates for the year.
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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.
The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.
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Recent years have seen many attempts to combine expenditure-side estimates of U.S. real output (GDE) growth with income-side estimates (GDI) to improve estimates of real GDP growth. We show how to incorporate information from multiple releases of noisy data to provide more precise estimates while avoiding some of the identifying assumptions required in earlier work. This relies on a new insight: using multiple data releases allows us to distinguish news and noise measurement errors in situations where a single vintage does not. We find that (a) the data prefer averaging across multiple releases instead of discarding early releases in favor of later ones, and (b) that initial estimates of GDI are quite informative. Our new measure, GDP++, undergoes smaller revisions and tracks expenditure measures of GDP growth more closely than either the simple average of the expenditure and income measures published by the BEA or the GDP growth measure of Aruoba et al. published by the Federal Reserve Bank of Philadelphia.
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Gross Domestic Product (GDP) is one of the best known indicators of economic activity and is widely used to monitor economic performance. GDP statistics for Scotland are produced by the Scottish Government and have been designated as National Statistics. This dataset contains statistics for the output approach to GDP and growth in real terms, and includes results for the whole economy (Total GDP) and industry sectors. GDP can also be broken down using the income and expenditure approaches, which are available as separate datasets. There are two updates to the output by industry statistics each quarter. The First Estimate of GDP growth is published around 80 days after the quarter’s end, and an updated second estimate is published in the Quarterly National Accounts around 120 days after the quarter’s end. The First Estimate of GDP statistics will be published on this website as open data; the Second Estimate will not currently be available as open data, but will be available on the Scottish Government website. Results for previous periods are also open to revision each quarter. Further details on Scottish GDP statistics, including methodology notes and the revisions policy, are available. The Industry Sector dimension in this dataset contains the broad industry sectors used on GDP statistics for Scotland the UK. These are based on industry sections from the Standard Industrial Classification (SIC, 2007). Further information can be found here The Measure Type dimension in this dataset contains four GDP measures, detailed below. The index measure is rounded to 4 decimal places and the growth rate measures are rounded to 1 decimal place. It is not always possible to replicate the published growth rates using rounded data, but all results are also available unrounded in the downloadable spreadsheets from the latest publication. • 4Q-on-4Q is the percentage change (growth rate) for the latest four quarters compared to the previous four non-overlapping quarters. This rolling annual growth rate gives a smoothed measure of recent trends. This growth rate is calculated from the Index measure. • Index represents the level of output in real, or volume, terms for each industry or total GDP, relative to the base year (2019). An index value of more than 100 means that output is higher than in the base year, and a value of less than 100 means that output is lower than in the base year. • q-on-q is the percentage change (growth rate) for the latest quarter compared to the previous quarter. This quarterly growth rate is usually taken as the headline measure of GDP growth. This growth rate is calculated from the Index measure. • q-on-q year ago is the percentage change (growth rate) for the latest quarter compared to the same quarter in the previous year. This growth rate over the year is usually compared to other statistics such as earnings or price inflation. This growth rate is calculated from the Index measure. The Reference Period dimension relates to standard calendar quarters. Quarter 1 refers to the period from January to March, Quarter 2 refers to April to June, Quarter 3 refers to July to September, and Quarter 4 refers to October to December. The Reference Area dimension for this dataset only contains results for Scotland, with no breakdowns to other areas. In this dataset, all results relate to Scotland’s onshore economy and do not include the output of offshore oil and gas extraction in Scottish Adjacent Waters. Each industry sector is indexed to make them comparable. For each sector, the value during 2019 is taken as the base year, and given the value of 100. All indexed values are chainlinked volume measures, and given relative to the base year.
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New Zealand NZT Forecast:(GDP) Gross Domestic ProductProduction Measure: Average: YoY data was reported at 2.300 % in 2023. This records a decrease from the previous number of 2.500 % for 2022. New Zealand NZT Forecast:(GDP) Gross Domestic ProductProduction Measure: Average: YoY data is updated yearly, averaging 2.750 % from Jun 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 4.200 % in 1999 and a record low of -0.900 % in 2009. New Zealand NZT Forecast:(GDP) Gross Domestic ProductProduction Measure: Average: YoY data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.A023: Real GDP: Forecast: New Zealand Treasury.
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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 2023 are final. Data of 2024 are provisional.
Changes as of June 24th 2025: Data of 2024 have been added to this table.
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.
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Graph and download economic data for Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Original series for OECD - Europe (OECDELORSGPORIXOBSAM) from Feb 1960 to Aug 2022 about OECD Europe, leading indicator, origination, Europe, and GDP.
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Gross domestic product (GDP) is a measure for the economic activity. It refers to the value of the total output of goods and services produced by an economy, less intermediate consumption, plus net taxes on products and imports. GDP per capita is calculated as the ratio of GDP to the average population in a specific year. Basic figures are expressed in purchasing power standards (PPS), which represents a common currency that eliminates the differences in price levels between countries to allow meaningful volume comparisons of GDP. The values are also offered as an index calculated in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Please note that this index is intended for cross-country comparisons rather than for temporal comparisons. Finally, the disparities indicator offered for EU aggregates is calculated as the coefficient of variation of the national figures. This time series offers a measure of the convergence of economic activity between the EU Member States. Copyright notice and free re-use of data on: https://ec.europa.eu/eurostat/about-us/policies/copyright
The indicator is calculated as the ratio of real GDP to the average population of a specific year. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time. It includes goods and services that have markets (or which could have markets) and products which are produced by general government and non-profit institutions. It is a measure of economic activity and is also used as a proxy for the development in a country’s material living standards. However, it is a limited measure of economic welfare. For example, neither does GDP include most unpaid household work nor does GDP take account of negative effects of economic activity, like environmental degradation.
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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.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
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This filtered view presents Real Gross Domestic Product for the accommodation and food services sector and its subsectors in the State of Iowa by year beginning in 1997.
Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.
Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.
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Graph and download economic data for Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Greece (GRCLORSGPNOSTSAM) from Feb 1960 to May 2022 about Greece, leading indicator, and GDP.
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Key information about Bolivia Real GDP Growth
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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.
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Indonesia Estimated Economic Indicators: Upcoming Annual:(GDP) Gross Domestic ProductGrowth: Next year: Mean Point Estimates data was reported at 3.460 % in Jun 2020. This records a decrease from the previous number of 5.090 % for Mar 2020. Indonesia Estimated Economic Indicators: Upcoming Annual:(GDP) Gross Domestic ProductGrowth: Next year: Mean Point Estimates data is updated quarterly, averaging 5.400 % from Mar 2007 (Median) to Jun 2020, with 41 observations. The data reached an all-time high of 6.800 % in Sep 2011 and a record low of 3.460 % in Jun 2020. Indonesia Estimated Economic Indicators: Upcoming Annual:(GDP) Gross Domestic ProductGrowth: Next year: Mean Point Estimates data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Business and Economic Survey – Table ID.SG002: Estimated Annual Economic Indicators.
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This filtered view presents Real Gross Domestic Product for the government and government enterprises sector and its subsectors in the State of Iowa by year beginning in 1997.
Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.
Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.
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Quarterly levels for UK gross domestic product (GDP), in chained volume measures at market prices.