The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

The size of the five original BRICS economies in 2023 - Brazil, Russia, China, India, South Africa - is comparable to the United States and the EU-27 put together. On a PPP (purchasing power parity) basis, China ranks as the world's largest economy. India takes up the economic parity of about **** the EU-27. The rise of these developing economies gave rise to questions on the role the United States plays in international trade and cross-border finance. FX reserve managers around the world expect to shift their holdings towards the Chinese yuan in the long term, as of 2023.

In 2025, 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 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 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.

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.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

About this dataset

Context

The dataset tabulates the median household income in Economy. It can be utilized to understand the trend in median household income and to analyze the income distribution in Economy by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Economy, IN Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Economy, IN: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Economy, IN
• Economy, IN households by income brackets: family, non-family, and total, in 2022 inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Economy median household income. You can refer the same here

This dataset presents statistics by employment and sales, value of shipments, or revenue size for establishments and firms; single unit and multiunit firms; concentration of largest firms; and legal form of organization for selected industries for the U.S. Includes only establishments and firms with payroll.

Global Sharing Economy market size was USD 145.22 Billion in 2022. Sharing Economy Industry's Compound Annual Growth Rate will be 32.6% from 2023 to 2030. What is driving the Sharing Economy Market?

The proliferation of advanced digital platforms and devices

In recent years, the sharing economy has changed the way individuals share and conduct transactions in digital areas. The recent technological advancements have enabled transactions to take place on demand, to be precisely measurable in time and thus more scalable, and to be dynamically matched through an online platform. Advanced digital platforms and devices, such as smartphones and high-speed internet, have increased connectivity. This connectivity enables sharing economy platforms to connect providers and consumers effortlessly. People can easily access sharing economy services through mobile apps or websites, facilitating resource and service sharing. Digital platforms provide users with easy access to information about available resources and services. Through sharing economy platforms, individuals can quickly find and compare options, making it convenient to rent or share assets. The availability of detailed listings, photos, reviews, and ratings helps users make informed decisions and build trust in the sharing economy ecosystem. The companies in the sharing economy are growing as a result of profound shifts in consumer behavior. One of the major players in sharing economy is Uber which has in just a few years completely transformed industries and became the largest player in the sharing economy. Uber manages around 157 000 rides globally on an average day. According to Uber, 131 million people used Uber in 2022, an 11% increase by 2021. Moreover, the increasing adoption of smartphones is supporting the growth of the sharing economy. Smartphones provide individuals with constant access to sharing economy platforms, enabling on-the-go booking, real-time communication with service providers, and instant updates. The convenience and mobility offered by smartphones have significantly expanded the reach and usage of sharing economy services. According to the source GSMA Intelligence, smartphones accounted for 68% of total mobile connections in 2020,8 compared to 64% in 2019 and 47% in 2016 across the world. Thus, the increasing usage of smartphones globally led to adopt the digital platforms, which in turn fuels the growth of the sharing economy. Furthermore, the development of advanced digital platforms prioritizes user experience and offers intuitive interfaces by allowing individuals to easily navigate and interact with the platforms. Companies are increasingly expanding their business in the shared mobility industry and developing innovative platforms for users. For instance, Force Motors launched a next-generation shared mobility platform called Urbania. The simplicity and convenience of these platforms make it easy for users to engage in sharing activities, accelerating the growth of the sharing economy market. These technological advancements for the development of cost-effective products have been contributing to driving the growth and adoption of sharing economy services.

Changing consumer preferences fuels the market growth


Rising focus on sustainability and environmental consciousness (Access Detailed Analysis in the Full Report Version)


Substantial growth of the entertainment industry (Access Detailed Analysis in the Full Report Version)

Introduction of Sharing Economy

The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of providing, acquiring, or sharing access to goods and services that is often facilitated by a community-based online platform. Sharing economy (SE) is a relatively new field of economics, gaining more traction from various industries. It has several applications in materials, transportation, hospitality, and sharing of information and knowledge. SE is related to various economic and environmental aspects such as sustainability, environment-friendly practices, circularity, less production, and more responsible use of resources. Sharing economy helps connect goods and services seekers with their providers using technology. It helps businesses reduce costs and increase efficiency along with environment-friendly choices for consumers. Further, some prominent factors that led to the boost of economy sharing are...

The Digital Circular Economy Market Report is Segmented by Solution Type (Digital Circular Platforms, Iot Sensors and Asset Tracking, and More), Business Model (Product-As-A-Service, Sharing/Access Platforms, and More), Deployment Mode (Cloud, On-Premises, and Hybrid), End-User Industry (Manufacturing, Consumer Electronics, Automotive and Mobility, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

United States CPI U: Northeast: Size Class B/C data was reported at 156.752 Dec1996=100 in Oct 2018. This records a decrease from the previous number of 156.961 Dec1996=100 for Sep 2018. United States CPI U: Northeast: Size Class B/C data is updated monthly, averaging 132.049 Dec1996=100 from Dec 1996 (Median) to Oct 2018, with 263 observations. The data reached an all-time high of 157.350 Dec1996=100 in Aug 2018 and a record low of 100.000 Dec1996=100 in Jan 1997. United States CPI U: Northeast: Size Class B/C data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I014: Consumer Price Index: Urban: By Region. All metropolitan areas with population smaller than 1.5 million

Introduction

Creator Economy Statisitcs: The Creator Economy is an evolving digital ecosystem where individuals generate income by creating and sharing original content, products, or services directly to online audiences. This economy grew alongside the rise of social media and e-commerce platforms, enabling creators such as influencers, artists, educators, and gamers to build personal brands and earn through sponsorships, advertisements, subscriptions, and direct sales. Technological advancements have democratized content creation, making it accessible to anyone with internet access, thus transforming how creativity and expertise are shared and monetized without reliance on traditional media or corporate intermediaries.

The Creator Economy industry encompasses the platforms, tools, investors, and businesses that support creators’ activities and monetization efforts. It includes social media networks, content marketplaces, payment systems, analytics services, and creator enablement tools that allow individuals to grow their audience, manage their presence, and commercialize their work. This industry is rapidly expanding with millions of active creators worldwide and significant capital inflows. It is shifting traditional marketing approaches as brands increasingly partner with creators for authentic engagement and niche targeting.

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TLDR: Editor’s Choice

• The global creator economy is set to grow from USD 149.4 Billion in 2024 to USD 1,072.8 Billion by 2034, at a strong 21.8% CAGR.
• Only 4%-10% of creators earn over USD 100K annually, making high-income professionals rare.
• YouTube, Instagram, and TikTok deliver the best ROI for brand campaigns.
• Over 91% of creators now use generative AI to scale content production.
• Around 500 million people are active in the passion economy.
• Gender split shows 52% men, while 46.7% of creators work full-time.
• Just 13% are Gen Z, and 67% have 1K–10K followers, highlighting micro-creators’ dominance.
• On average, creators take 6.5 months to earn their first dollar.
• 70% spend 10 hours or fewer weekly on content production.
• Merchandise businesses generate USD 500 Million+ annually within this ecosystem.
• Shopify leads the creator economy revenues with USD 5.2 Billion.

By the year 2030, it is projected that China will eclipse the United States and have the largest gross domestic product (GDP) in the world, at 31.7 trillion U.S. dollars. The United States is projected to have the second largest GDP, at 22.9 trillion U.S. dollars.

What is gross domestic product?

Gross domestic product, or GDP, is an economic measure of a country’s production in time. It includes all goods and services produced by a country and is used by economists to determine the health of a country’s economy. However, since GDP just shows the size of an economy and is not adjusted for the country’s size, this can make direct country comparisons complicated.

The growth of the global economy

Currently, the United States has the largest GDP in the world, at 20.5 trillion U.S. dollars. China has the second largest GDP, at 13.4 trillion U.S. dollars. In the coming years, production will become faster and more global, which will help to grow the global economy.

The data and code of Agricultural policy should prioritize investment in expanding farm sizes amid declining rural populations.

This dataset presents statistics by employment and sales, value of shipments, or revenue size for establishments and firms; single unit and multiunit firms; concentration of largest firms; and legal form of organization for selected industries for the U.S. Includes only establishments and firms with payroll.

International Trade in Services by Company Characteristics (STEC): By type of operation, main economic activity, size range and geographic area. Annual. National.

The Gross Domestic Product (GDP) in Russia was worth 2173.84 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Russia represents 2.05 percent of the world economy. This dataset provides the latest reported value for - Russia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Companies Survey: Main economic variables by activity groups. Annual. National.

Austria Household Size: Average data was reported at 2.172 Person in 2024. This records a decrease from the previous number of 2.182 Person for 2023. Austria Household Size: Average data is updated yearly, averaging 2.345 Person from Dec 1985 (Median) to 2024, with 40 observations. The data reached an all-time high of 2.671 Person in 1985 and a record low of 2.172 Person in 2024. Austria Household Size: Average data remains active status in CEIC and is reported by Statistics Austria. The data is categorized under Global Database’s Austria – Table AT.H019: Average Household Size.

Europe Creator Economy Market valued at US$ 32.84 Bn in 2025, is anticipated to reaching US$ 157.27 Bn by 2032, with a steady annual growth rate of 25.1%.