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The Gross Domestic Product (GDP) in the United States contracted 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
As of the third quarter of 2024, the GDP of the U.S. grew by 2.8 percent from the second quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.
In the first quarter of 2024, the GDP of the United States was three percent higher compared to the first quarter of 2023. The gross domestic product refers to the market value of all final goods and services produced in a country within a given period. The GDP of the United States amounted to 25.46 trillion U.S. dollars in 2022. The annual GDP of the United States can be found here, the growth per quarter can be found here and the chained quarterly GDP growth can be found here.
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View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.
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The Gross Domestic Product (GDP) in Germany expanded 0.40 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In the first quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. 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. GDP growth in China In 2024, China ranged second among countries with the largest gross domestic product worldwide. Since the introduction of economic reforms in 1978, the country has experienced rapid social and economic development. In 2013, it became the world’s largest trading nation, overtaking the United States. However, per capita GDP in China was still much lower than that of industrialized countries. Until 2011, the annual growth rate of China’s GDP had constantly been above nine percent. However, economic growth has cooled down since and is projected to further slow down gradually in the future. Rising domestic wages and the competitive edge of other Asian and African countries are seen as main reasons for the stuttering in China’s economic engine. One strategy of the Chinese government to overcome this transition is a gradual shift of economic focus from industrial production to services. Challenges to GDP growth Another major challenge lies in the massive environmental pollution that China’s reckless economic growth has caused over the past decades. China’s development has been powered mostly by coal consumption, which resulted in high air pollution. To counteract industrial pollution, further investments in waste management and clean technologies are necessary. In 2017, about **** percent of GDP was spent on pollution control. Surging environmental costs aside, environmental issues could also be a key to industrial transition as China placed major investments in renewable energy and clean tech projects. The consumption of green energy skyrocketed from **** exajoules in 2005 to **** million in 2022.
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The Gross Domestic Product (GDP) in Japan stagnated 0 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data was reported at 0.112 % Point in Mar 2025. This records an increase from the previous number of -0.114 % Point for Feb 2025. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data is updated monthly, averaging 0.019 % Point from Oct 2024 (Median) to Mar 2025, with 6 observations. The data reached an all-time high of 0.112 % Point in Mar 2025 and a record low of -0.114 % Point in Feb 2025. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s National Accounts – Table CN.AJ: Gross Domestic Product: Nowcast: Next Quarter. China GDP releases in January for Q4, April for Q1, July for Q2 and October for Q3. 'Next Quarter' during periods between - October release to January release refers to Q1 GDP data estimate; January release to April release refers to Q2 GDP data estimate; April release to July release refers Q3 GDP data estimate; July release to October release refers to Q4 GDP data estimate.
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The Gross Domestic Product (GDP) in China expanded 1.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPNSAXDCUSQ) from Q1 1950 to Q1 2025 about GDP and USA.
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Graph and download economic data for GDPNow (GDPNOW) from Q3 2011 to Q2 2025 about nowcast, projection, headline figure, GDP, rate, and USA.
In the first quarter of 2025, Germany's gross domestic product (GDP) continued to increase compared to the previous quarter, with unadjusted figures showing around 1.1 trillion euros. Figures passed the one trillion mark at the end of 2022.
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Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States (USAGDPRQPSMEI) from Q1 1948 to Q1 2025 about real, GDP, rate, and USA.
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Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q1 2025 about per capita, real, GDP, and USA.
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CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Current Quarter: Property Market: Floor Space Sold data was reported at 0.096 % Point in Mar 2025. This records an increase from the previous number of 0.024 % Point for Feb 2025. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Current Quarter: Property Market: Floor Space Sold data is updated monthly, averaging 0.060 % Point from Oct 2024 (Median) to Mar 2025, with 6 observations. The data reached an all-time high of 0.138 % Point in Nov 2024 and a record low of 0.022 % Point in Jan 2025. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Current Quarter: Property Market: Floor Space Sold data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s National Accounts – Table CN.AJ: Gross Domestic Product: Nowcast: Current Quarter. China GDP releases in January for Q4, April for Q1, July for Q2 and October for Q3. 'Next Quarter' during periods between - October release to January release refers to Q1 GDP data estimate; January release to April release refers to Q2 GDP data estimate; April release to July release refers Q3 GDP data estimate; July release to October release refers to Q4 GDP data estimate.
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CN: GDP Nowcast: China: Impact: Current Quarter: Property Market: Real Estate Investment data was reported at -0.028 % Point in Mar 2025. This records an increase from the previous number of -0.083 % Point for Feb 2025. CN: GDP Nowcast: China: Impact: Current Quarter: Property Market: Real Estate Investment data is updated monthly, averaging -0.051 % Point from Oct 2024 (Median) to Mar 2025, with 6 observations. The data reached an all-time high of 0.102 % Point in Dec 2024 and a record low of -0.126 % Point in Jan 2025. CN: GDP Nowcast: China: Impact: Current Quarter: Property Market: Real Estate Investment data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s National Accounts – Table CN.AJ: Gross Domestic Product: Nowcast: Current Quarter. China GDP releases in January for Q4, April for Q1, July for Q2 and October for Q3. 'Next Quarter' during periods between - October release to January release refers to Q1 GDP data estimate; January release to April release refers to Q2 GDP data estimate; April release to July release refers Q3 GDP data estimate; July release to October release refers to Q4 GDP data estimate.
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The Gross Domestic Product (GDP) In the Euro Area expanded 0.60 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Euro Area GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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GDP Nowcast: Brazil: Impact: Next Quarter: Prices: General Price Index data was reported at -0.004 % Point in Mar 2025. This records an increase from the previous number of -0.028 % Point for Feb 2025. GDP Nowcast: Brazil: Impact: Next Quarter: Prices: General Price Index data is updated monthly, averaging -0.003 % Point from Sep 2024 (Median) to Mar 2025, with 7 observations. The data reached an all-time high of -0.000 % Point in Dec 2024 and a record low of -0.028 % Point in Feb 2025. GDP Nowcast: Brazil: Impact: Next Quarter: Prices: General Price Index data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Brazil Premium Database’s National Accounts – Table BR.AB003: Gross Domestic Product: Nowcast: Next Quarter.
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Graph and download economic data for Real Gross Domestic Product: All Industry Total in the District of Columbia (DCRQGSP) from Q1 2005 to Q1 2025 about DC, GSP, real, industry, GDP, and USA.
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Graph and download economic data for Real Potential Gross Domestic Product (GDPPOT) from Q1 1949 to Q4 2035 about projection, real, GDP, and USA.
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The Gross Domestic Product (GDP) in the United States contracted 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.