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.

According to the second preliminary announcement in March 2025, the real gross domestic product (GDP) of Japan in the fourth quarter of 2024 increased by 0.6 percent (seasonally adjusted) and 2.2 percent (annualized) compared to the previous quarter.GDP refers to the total market value of all goods and services that are produced within a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for the economic well-being of a country.

The Gross Domestic Product (GDP) in Germany contracted 0.20 percent in the fourth quarter of 2024 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 fourth quarter of 2024, the gross domestic product (GDP) at current prices in Japan increased by four percent year-on-year, according to the second preliminary announcement in March 2025. GDP refers to the total market value of all goods and services that are produced within a country.

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.

The Gross Domestic Product (GDP) in China expanded 1.60 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in the United States expanded 2.50 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Indonesia Real GDP Growth

• The Gross Domestic Product (GDP) in Indonesia expanded 5.0 % YoY in Dec 2022, following a growth of 5.7 % in the previous quarter.
• Real GDP Growth YoY data in Indonesia is updated quarterly, available from Mar 1994 to Dec 2022, with an average rate of 5.1 %.
• The data reached an all-time high of 10.7 % in Jun 1994 and a record low of -18.3 % in Dec 1998.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Central Bureau of Statistics provides Real GDP in local currency, at 2010 prices, based on SNA 2008. Real GDP Growth prior to Q1 2011 is calculated from Real GDP at 2000 prices and prior to Q1 2001 from Real GDP at 1993 prices, both based on SNA 1993. CEIC menghitung Pertumbuhan PDB Riil dari PDB Riil triwulanan. BPS menyediakan PDB Riil dalam mata uang dalam negeri, pada harga tahun 2010.


Related information about Indonesia Real GDP Growth

• In the latest reports, Nominal GDP of Indonesia reached 328.6 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 8.3 % in Dec 2022.
• GDP Per Capita in Indonesia reached 4,783.3 USD in Dec 2022.
• Its Gross Savings Rate was measured at 37.3 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 27.6 % in Dec 2022.
• Public Consumption accounted for 9.9 % in Dec 2022.
• Private Consumption accounted for 52.8 % in Dec 2022.

The Gross Domestic Product (GDP) in Lithuania expanded 0.80 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Algeria Real GDP Growth

• The Gross Domestic Product (GDP) in Algeria expanded 2.0 % YoY in Sep 2024, following a growth of 3.7 % in the previous quarter.
• Real GDP Growth YoY data in Algeria is updated quarterly, available from Mar 2000 to Sep 2024, with an average rate of 3.1 %.
• The data reached an all-time high of 8.1 % in Jun 2021 and a record low of -10.2 % in Jun 2020.

CEIC extends history for quarterly Real GDP Growth. The National Office of Statistics provides Real GDP Growth at chain linked previous year prices based on SNA 2008. Real GDP Growth prior to Q1 2002 is based on SNA 1993.


Related information about Algeria Real GDP Growth

• In the latest reports, Nominal GDP of Algeria reached 51.3 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 2.0 % in Sep 2024.
• GDP Per Capita in Algeria reached 3,630.4 USD in Dec 2021.
• Its Gross Savings Rate was measured at 36.1 % in Dec 2021.
• For Nominal GDP contributions, Investment accounted for 37.7 % in Dec 2023.
• Public Consumption accounted for 16.9 % in Dec 2023.
• Private Consumption accounted for 41.2 % in Dec 2023.

The Gross Domestic Product (GDP) in France contracted 0.10 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides the latest reported value for - France GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Gross Domestic Product: All Industry Total in Michigan (MINQGSP) from Q1 2005 to Q3 2024 about MI, GSP, industry, GDP, and USA.

Graph and download economic data for GDPNow (GDPNOW) from Q3 2011 to Q1 2025 about nowcast, projection, headline figure, GDP, rate, and USA.

In the fourth quarter of 2024, the growth of the real gross domestic product (GDP) in China ranged at 5.4 percent compared to the same quarter of the previous year. Leasing and business services displayed the highest sectoral growth reaching 11.0 percent compared to 2.0 percent in the real estate sector.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q3 2024 about GDP and USA.

Key information about Poland Real GDP Growth

• The Gross Domestic Product (GDP) in Poland expanded 0.4 % YoY in Dec 2022, following a growth of 4.5 % in the previous quarter.
• Real GDP Growth YoY data in Poland is updated quarterly, available from Mar 1996 to Dec 2022, with an average rate of 4.0 %.
• The data reached an all-time high of 12.0 % in Jun 2021 and a record low of -7.3 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP Index. Statistics Poland provides Real GDP Index based on ESA 2010, at chain linked 2015 prices. Real GDP Growth prior to Q1 2016 is calculated from Real GDP Index at chain linked 2010 prices. Real GDP Growth prior to Q1 2003 is calculated from Real GDP Index based on ESA 1995, at chain linked 2005 prices.


Related information about Poland Real GDP Growth

• In the latest reports, Nominal GDP of Poland reached 188.1 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 12.4 % in Sep 2022.
• GDP Per Capita in Poland reached 18,221.6 USD in Dec 2022.
• Its Gross Savings Rate was measured at 29.7 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 28.5 % in Dec 2022.
• Public Consumption accounted for 20.1 % in Dec 2022.
• Private Consumption accounted for 50.2 % in Dec 2022.

Key information about Canada Nominal GDP Growth

• Canada Nominal GDP Growth was reported at 4.311 % in Sep 2024.
• This records a decrease from the previous number of 5.115 % for Jun 2024.
• Canada Nominal GDP Growth data is updated quarterly, averaging 6.510 % from Mar 1958 to Sep 2024, with 267 observations.
• The data reached an all-time high of 23.418 % in Jun 2021 and a record low of -12.831 % in Jun 2020.
• Canada 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. Statistics Canada provides Nominal GDP in local currency. Nominal GDP prior to Q1 1962 is sourced from the International Monetary Fund.

Key information about Ghana Real GDP Growth

• The Gross Domestic Product (GDP) in Ghana expanded 1.7 % YoY in Sep 2024, following a growth of 1.6 % in the previous quarter.
• Real GDP Growth YoY data in Ghana is updated quarterly, available from Jun 2006 to Sep 2024, with an average rate of 1.4 %.
• The data reached an all-time high of 4.9 % in Jun 2006 and a record low of -1.3 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. Ghana Statistical Service provides Real GDP in local currency, at chain linked 2013 prices. Real GDP Growth prior to Q1 2007 is calculated from Real GDP based on SNA 1993, at 2006 prices.


Related information about Ghana Real GDP Growth

• In the latest reports, Nominal GDP of Ghana reached 17.8 USD bn in Sep 2024.
• Its GDP deflator (implicit price deflator) increased 20.7 % in Jun 2024.
• GDP Per Capita in Ghana reached 2,353.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 9.9 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 10.8 % in Dec 2023.
• Public Consumption accounted for 5.9 % in Dec 2023.
• Private Consumption accounted for 84.2 % in Dec 2023.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q4 2024 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q4 2024 about per capita, real, GDP, and USA.