This statistic shows the average annual change in real GDP per capita in the United States from President Hoover to Obama, as of 2011. The biggest economic growth happened during Franklin D. Roosevelt's presidency. The Real Gross Domestic Product per capita increased by 5.25 percent each year.

Additional information on President Barack Obama’s first term economic policy performance

“It’s the economy, stupid” as the now famous saying by former President Bill Clinton goes is often used to demonstrate the importance continuants place on the economy’s performance. Appointed to President of the United States in 2008, President Obama entered the job in the early stages of a global economic crisis. The unemployment rate in the United States since 1990 demonstrates that Obama oversaw a reduction in unemployment rate since an initially sharp increase to over 9 percent in 2009 and 2010. Prior to the reduction, public approval of President Obama and the Republicans in congress in handling the economy shows that the public’s trust in Obama waned from 61 percent in February 2009 to 42 percent in November 2011. The fluctuation of America’s economy meant that Obama’s first term saw him reach an average of 76 thousand private sector jobs created per month as of June 2012, leaving him sixth in private sector job creation on the list of post-war presidents.

As leader of the most economically influential country on the planet, praise and criticism of Obama’s economic performance is also a global issue. In 2012, opinion on Obama’s management of global economic issues by country demonstrates the variety in opinion held in and across countries. While countries such as Britain and Germany whose economies appeared to be recovering held Obama’s economic policy in a positive light, opinion was more negative in Egypt and Greece were the economic situation was less optimistic.

In 2023 the real gross domestic product (GDP) of the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.

What does GDP growth mean?

Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.

Countries with highest GDP growth rate

Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

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.

Key information about Tajikistan Real GDP Growth

• The Gross Domestic Product (GDP) in Tajikistan expanded 8.4 % YoY in Dec 2024, following a growth of 8.4 % in the previous quarter.
• Real GDP Growth YoY data in Tajikistan is updated quarterly, available from Mar 2000 to Dec 2024, with an average rate of 7.3 %.
• The data reached an all-time high of 12.6 % in Sep 2004 and a record low of 2.7 % in Sep 2009.

Agency on Statistics under the President of the Republic of Tajikistan provides quarterly Real GDP Growth.


Related information about Tajikistan Real GDP Growth

• In the latest reports, Nominal GDP of Tajikistan reached 2.2 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.5 % in Mar 2023.
• GDP Per Capita in Tajikistan reached 1,131.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 37.9 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 35.5 % in Dec 2022.
• Public Consumption accounted for 10.1 % in Dec 2022.
• Private Consumption accounted for 87.6 % in Dec 2022.

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.

The Gross Domestic Product (GDP) in Mexico expanded 0.80 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Mexico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Tajikistan GDP Deflator Growth

• Tajikistan GDP deflator (implicit price deflator) increased 9.7 % in Sep 2022, compared with an increase of 7.8 % in the previous quarter.
• Tajikistan GDP Deflator Growth data is updated quarterly, available from Mar 2000 to Sep 2022, with an average rate of 11.6 %.
• The data reached an all-time high of 53.4 % in Mar 2001 and a record low of -0.6 % in Mar 2021.

CEIC calculates GDP Deflator Growth from quarterly Nominal GDP and quarterly Real GDP Growth. Agency on Statistics under the President of the Republic of Tajikistan provides Nominal GDP in local currency and Real GDP Growth.


Related information about Tajikistan GDP Deflator Growth

• In the latest reports, Tajikistan GDP expanded 7.8 % YoY in Sep 2022.
• Its Nominal GDP reached 3.6 USD bn in Dec 2022.
• Tajikistan GDP Per Capita reached 1,131.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 31.0 % in Dec 2020.

Iran’s gross domestic product (GDP) inclined by 3.33 percent in 2020 after adjusting for inflation. This figure fell from 13.4 percent growth four years ago, which had been a reaction to sanctions lifting after the Joint Comprehensive Plan of Action (JPCOA) regarding Iran’s nuclear program. United States president Donald Trump ended that country’s participation in the deal, imposing new sanctions.

Political influence on the economy

Political tensions have hampered the economy of Iran, keeping growth low in spite of the country’s considerable oil reserves. The effect of these sanctions becomes obvious when looking at Iran’s oil exports to Europe over the past decade. Some analysts have blamed the new sanctions for the increase in Iran’s inflation rate, as well as the currency depreciation that has accompanied it.

Iran’s options

Although Iran’s main export partners are largely in Asia, many of the transactions are carried out using U.S. dollars. Even though other means of payment are possible, some countries worry about political ramifications of continuing trade relations with Iran. Iran’s greatest strength at the moment may be its low national debt, meaning that it can borrow a substantial amount of money if it can find a willing lender. However, given the instability of the political situation worldwide and regionally, it is difficult to assume that such a borrower exists at the moment.

President Biden Job Approval - Economy | RealClearPolling

During the period beginning roughly in the mid-1980s until the Global Financial Crisis (2007-2008), the U.S. economy experienced a time of relative economic calm, with low inflation and consistent GDP growth. Compared with the turbulent economic era which had preceded it in the 1970s and the early 1980s, the lack of extreme fluctuations in the business cycle led some commentators to suggest that macroeconomic issues such as high inflation, long-term unemployment and financial crises were a thing of the past. Indeed, the President of the American Economic Association, Professor Robert Lucas, famously proclaimed in 2003 that "central problem of depression prevention has been solved, for all practical purposes". Ben Bernanke, the future chairman of the Federal Reserve during the Global Financial Crisis (GFC) and 2022 Nobel Prize in Economics recipient, coined the term 'the Great Moderation' to describe this era of newfound economic confidence. The era came to an abrupt end with the outbreak of the GFC in the Summer of 2007, as the U.S. financial system began to crash due to a downturn in the real estate market.

Causes of the Great Moderation, and its downfall

A number of factors have been cited as contributing to the Great Moderation including central bank monetary policies, the shift from manufacturing to services in the economy, improvements in information technology and management practices, as well as reduced energy prices. The period coincided with the term of Fed chairman Alan Greenspan (1987-2006), famous for the 'Greenspan put', a policy which meant that the Fed would proactively address downturns in the stock market using its monetary policy tools. These economic factors came to prominence at the same time as the end of the Cold War (1947-1991), with the U.S. attaining a new level of hegemony in global politics, as its main geopolitical rival, the Soviet Union, no longer existed. During the Great Moderation, the U.S. experienced a recession twice, between July 1990 and March 1991, and again from March 2001 tom November 2001, however, these relatively short recessions did not knock the U.S. off its growth path. The build up of household and corporate debt over the early 2000s eventually led to the Global Financial Crisis, as the bursting of the U.S. housing bubble in 2007 reverberated across the financial system, with a subsequent credit freeze and mass defaults.

RealClearPolitics - President Trump Approval - Economy

Tajikistan Real(GDP) Gross Domestic ProductIndex: Annual data was reported at 328.100 1995=100 in 2016. This records an increase from the previous number of 307.000 1995=100 for 2015. Tajikistan Real(GDP) Gross Domestic ProductIndex: Annual data is updated yearly, averaging 164.500 1995=100 from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 328.100 1995=100 in 2016 and a record low of 83.300 1995=100 in 1996. Tajikistan Real(GDP) Gross Domestic ProductIndex: Annual data remains active status in CEIC and is reported by Аgency on Statistics under the President of the Republic of Tajikistan. The data is categorized under Global Database’s Tajikistan – Table TJ.A002: Gross Domestic Product: Real.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

The WEI is an index of real economic activity using timely and relevant high-frequency data. It represents the common component of ten different daily and weekly series covering consumer behavior, the labor market, and production. The WEI is scaled to the four-quarter GDP growth rate; for example, if the WEI reads -2 percent and the current level of the WEI persists for an entire quarter, one would expect, on average, GDP that quarter to be 2 percent lower than a year previously.

The WEI is a composite of 10 weekly economic indicators: Redbook same-store sales, Rasmussen Consumer Index, new claims for unemployment insurance, continued claims for unemployment insurance, adjusted income/employment tax withholdings (from Booth Financial Consulting), railroad traffic originated (from the Association of American Railroads), the American Staffing Association Staffing Index, steel production, wholesale sales of gasoline, diesel, and jet fuel, and weekly average US electricity load (with remaining data supplied by Haver Analytics). All series are represented as year-over-year percentage changes. These series are combined into a single index of weekly economic activity.

For additional details, including an analysis of the performance of the model, see Lewis, Mertens, and Stock (2020), “U.S. Economic Activity during the Early Weeks of the SARS-Cov-2 Outbreak.” (https://www.newyorkfed.org/research/staff_reports/sr920)

This index has been developed by Daniel Lewis, an economist in the Federal Reserve Bank of New York, Karel Mertens, a senior economic policy advisor at the Federal Reserve Bank of Dallas, and James Stock, the Harold Hitchings Burbank Professor of Political Economy, Faculty of Arts and Sciences of Harvard University.

The index is not an official forecast of the Federal Reserve Bank of New York, its president, the Federal Reserve System, or the Federal Open Market Committee.

Key information about Tajikistan Labour Productivity Growth

• Tajikistan Labour Productivity dropped by 5.75 % YoY in Dec 2019, compared with a growth of 6.49 % in the previous year
• Tajikistan Labour Productivity Growth data is updated yearly, available from Dec 1991 to Dec 2019, averaging at 5.75 %
• The data reached an all-time high of 9.28 % in Dec 2003 and a record low of -26.69 % in Dec 1992

CEIC calculates Labour Productivity Growth from annual Real GDP Index and annual Employment. Agency on Statistics under the President of the Republic of Tajikistan provides Real GDP Index at 1995 prices and Employment. Labour Productivity Growth prior to 1996 is calculated from Real GDP sourced from the World Bank

Os dados de Crescimento Real do PIB do Tajiquistão foram registrados em 8.4 % em 2024-12. Este manteve-se constante com relação aos números anteriores de 8.4 % em 2024-09. Os dados de Crescimento Real do PIB do Tajiquistão são atualizados trimestral, com uma média de 7.3 % em 2000-03 até 2024-12, com 100 observações. Os dados alcançaram um alto recorde de 12.6 % em 2004-09 e um baixo recorde de 2.7 % em 2009-09. Os dados de Crescimento Real do PIB do Tajiquistão permanecem com status ativo na CEIC e são reportados pela fonte: Аgency on Statistics under the President of the Republic of Tajikistan. Os dados são classificados sob o Global Database’ Tadjiquistão – Table TJ.A003: Gross Domestic Product: Real.

Tadschikistans Wachstum reales BIP belief sich im 2024-12 auf 8.4 %. Dies stellt keine Veränderung im Vergleich zu den vorherigen Zahlen von 8.4 % für 2024-09 dar. Tadschikistans Wachstum reales BIP werden vierteljährlich aktualisiert, mit einem Durchschnitt von 7.3 % von 2000-03 bis 2024-12, mit 100 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 12.6 % im 2004-09 und ein Rekordtief in Höhe von 2.7 % im 2009-09. Tadschikistans Wachstum reales BIP Daten behalten den Aktiv-Status in CEIC und werden von Аgency on Statistics under the President of the Republic of Tajikistan gemeldet. Die Daten werden unter Global Databases Tadschikistan – Table TJ.A003: Gross Domestic Product: Real kategorisiert.

The Gross Domestic Product (GDP) in Philippines expanded 5.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Philippines GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interactive chart of historical data comparing the level of gross domestic product (GDP) with Federal Debt.