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.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 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.

Quality of life is a measure of comfort, health, and happiness by a person or a group of people. Quality of life is determined by both material factors, such as income and housing, and broader considerations like health, education, and freedom. Each year, US & World News releases its “Best States to Live in” report, which ranks states on the quality of life each state provides its residents. In order to determine rankings, U.S. News & World Report considers a wide range of factors, including healthcare, education, economy, infrastructure, opportunity, fiscal stability, crime and corrections, and the natural environment. More information on these categories and what is measured in each can be found below:

Healthcare includes access, quality, and affordability of healthcare, as well as health measurements, such as obesity rates and rates of smoking. Education measures how well public schools perform in terms of testing and graduation rates, as well as tuition costs associated with higher education and college debt load. Economy looks at GDP growth, migration to the state, and new business. Infrastructure includes transportation availability, road quality, communications, and internet access. Opportunity includes poverty rates, cost of living, housing costs and gender and racial equality. Fiscal Stability considers the health of the government's finances, including how well the state balances its budget. Crime and Corrections ranks a state’s public safety and measures prison systems and their populations. Natural Environment looks at the quality of air and water and exposure to pollution.

The United States is the 2 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. This dataset provides the latest reported value for - United States Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

United States GDPS: saar: OK: Pvt: Information (IF) data was reported at 5.920 USD bn in Dec 2024. This records an increase from the previous number of 5.837 USD bn for Sep 2024. United States GDPS: saar: OK: Pvt: Information (IF) data is updated quarterly, averaging 4.550 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 6.488 USD bn in Sep 2019 and a record low of 3.566 USD bn in Dec 2012. United States GDPS: saar: OK: Pvt: Information (IF) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A084: NIPA 2023: GDP by State: Southwest Region: Current Price: saar.

United States GDPS: saar: IN: Pvt: Administrative & Waste Mng't Services data was reported at 11.086 USD bn in Jun 2018. This records an increase from the previous number of 10.922 USD bn for Mar 2018. United States GDPS: saar: IN: Pvt: Administrative & Waste Mng't Services data is updated quarterly, averaging 8.041 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 11.086 USD bn in Jun 2018 and a record low of 6.226 USD bn in Mar 2005. United States GDPS: saar: IN: Pvt: Administrative & Waste Mng't Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A112: NIPA 2018: GDP by State: Great Lakes Region: Current Price: saar.

Explore the World Competitiveness Ranking dataset for 2016, including key indicators such as GDP per capita, fixed telephone tariffs, and pension funding. Discover insights on social cohesion, scientific research, and digital transformation in various countries.

Social cohesion, The image abroad of your country encourages business development, Scientific articles published by origin of author, International Telecommunication Union, World Telecommunication/ICT Indicators database, Data reproduced with the kind permission of ITU, National sources, Fixed telephone tariffs, GDP (PPP) per capita, Overall, Exports of goods - growth, Pension funding is adequately addressed for the future, Companies are very good at using big data and analytics to support decision-making, Gross fixed capital formation - real growth, Economic Performance, Scientific research legislation, Percentage of GDP, Health infrastructure meets the needs of society, Estimates based on preliminary data for the most recent year., Singapore: including re-exports., Value, Laws relating to scientific research do encourage innovation, % of GDP, Gross Domestic Product (GDP), Health Infrastructure, Digital transformation in companies is generally well understood, Industrial disputes, EE, Female / male ratio, State ownership of enterprises, Total expenditure on R&D (%), Score, Colombia, Estimates for the most recent year., Percentage change, based on US$ values, Number of listed domestic companies, Tax evasion is not a threat to your economy, Scientific articles, Tax evasion, % change, Use of big data and analytics, National sources, Disposable Income, Equal opportunity, Listed domestic companies, Government budget surplus/deficit (%), Pension funding, US$ per capita at purchasing power parity, Estimates; US$ per capita at purchasing power parity, Image abroad or branding, Equal opportunity legislation in your economy encourages economic development, Number, Article counts are from a selection of journals, books, and conference proceedings in S&E from Scopus. Articles are classified by their year of publication and are assigned to a region/country/economy on the basis of the institutional address(es) listed in the article. Articles are credited on a fractional-count basis. The sum of the countries/economies may not add to the world total because of rounding. Some publications have incomplete address information for coauthored publications in the Scopus database. The unassigned category count is the sum of fractional counts for publications that cannot be assigned to a country or economy. Hong Kong: research output items by the higher education institutions funded by the University Grants Committee only., State ownership of enterprises is not a threat to business activities, Protectionism does not impair the conduct of your business, Digital transformation in companies, Total final energy consumption per capita, Social cohesion is high, Rank, MTOE per capita, Percentage change, based on constant prices, US$ billions, National sources, World Trade Organization Statistics database, Rank, Score, Value, World Rankings

Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Mongolia, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Kingdom, Venezuela

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In 2023, the state of California added about 3.2 trillion chained (2017) U.S. dollars of value to the U.S. real gross domestic product (GDP). Total real GDP amounted to about 22.7 trillion chained (2017) U.S. dollars.

United States GDPS: 2012p: saar: OK: Pvt: Educational Services data was reported at 965.300 USD mn in Jun 2018. This records a decrease from the previous number of 970.900 USD mn for Mar 2018. United States GDPS: 2012p: saar: OK: Pvt: Educational Services data is updated quarterly, averaging 1.007 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 1.069 USD bn in Dec 2014 and a record low of 898.000 USD mn in Dec 2006. United States GDPS: 2012p: saar: OK: Pvt: Educational Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A125: NIPA 2018: GDP by State: Southwest Region: Chain Linked 2012 Price: saar.

The United States has, by far, the largest gross domestic product (GDP) of the G7 countries. Moreover, while the GDP of the other six countries fluctuated between 2000 and 2024, the U.S.' grew almost constantly, reaching an estimated 29.2 trillion U.S. dollars in 2024. The United States is also the world's largest economy ahead of China. Germany had the second largest economy of the G7 countries at around 4.7 trillion U.S. dollars.

United States GDPS: saar: WV: Pvt: Management of Companies & Enterprises data was reported at 719.200 USD mn in Jun 2018. This records an increase from the previous number of 706.700 USD mn for Mar 2018. United States GDPS: saar: WV: Pvt: Management of Companies & Enterprises data is updated quarterly, averaging 611.950 USD mn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 858.500 USD mn in Jun 2011 and a record low of 314.800 USD mn in Jun 2005. United States GDPS: saar: WV: Pvt: Management of Companies & Enterprises data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A122: NIPA 2018: GDP by State: Southeast Region: Current Price: saar.

Graph and download economic data for Market Hotness: Hotness Rank in Syracuse, NY (CBSA) (HORAMSA45060) from Aug 2017 to Oct 2025 about Syracuse, rank, NY, and USA.

Graph and download economic data for Market Hotness: Hotness Rank in State College, PA (CBSA) (HORAYYMSA44300) from Aug 2018 to Oct 2025 about State College, rank, PA, and USA.

United States GDPS: saar: CT: Pvt: Finance & Insurance data was reported at 34.759 USD bn in Jun 2018. This records an increase from the previous number of 34.431 USD bn for Mar 2018. United States GDPS: saar: CT: Pvt: Finance & Insurance data is updated quarterly, averaging 33.960 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 38.797 USD bn in Mar 2007 and a record low of 22.167 USD bn in Dec 2008. United States GDPS: saar: CT: Pvt: Finance & Insurance data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A060: NIPA 2018: GDP by State: New England Region: Current Price: saar.

United States GDPS: saar: SC: Pvt: Other Svcs excl Gov't data was reported at 8.759 USD bn in Dec 2024. This records an increase from the previous number of 8.594 USD bn for Sep 2024. United States GDPS: saar: SC: Pvt: Other Svcs excl Gov't data is updated quarterly, averaging 4.960 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 8.759 USD bn in Dec 2024 and a record low of 3.594 USD bn in Mar 2005. United States GDPS: saar: SC: Pvt: Other Svcs excl Gov't data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A082: NIPA 2023: GDP by State: Southeast Region: Current Price: saar.

In 1938, the year before the Second World War, the United States had, by far, the largest economy in the world in terms of gross domestic product (GDP). The five Allied Great Powers that emerged victorious from the war, along with the three Axis Tripartite Pact countries that were ultimately defeated made up the eight largest independent economies in 1938.

When values are converted into 1990 international dollars, the U.S. GDP was over 800 billion dollars in 1938, which was more than double that of the second largest economy, the Soviet Union. Even the combined economies of the UK, its dominions, and colonies had a value of just over 680 billion 1990 dollars, showing that the United States had established itself as the world's leading economy during the interwar period (despite the Great Depression).

Interestingly, the British and Dutch colonies had larger combined GDPs than their respective metropoles, which was a key motivator for the Japanese invasion of these territories in East Asia during the war. Trade with neutral and non-belligerent countries also contributed greatly to the economic development of Allied and Axis powers throughout the war; for example, natural resources from Latin America were essential to the American war effort, while German manufacturing was often dependent on Swedish iron supplies.

United States GDPS: saar: IA: Pvt: Administrative & Waste Mng't Services data was reported at 3.896 USD bn in Jun 2018. This records an increase from the previous number of 3.835 USD bn for Mar 2018. United States GDPS: saar: IA: Pvt: Administrative & Waste Mng't Services data is updated quarterly, averaging 3.115 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 3.896 USD bn in Jun 2018 and a record low of 2.259 USD bn in Mar 2005. United States GDPS: saar: IA: Pvt: Administrative & Waste Mng't Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A118: NIPA 2018: GDP by State: Plains Region: Current Price: saar.

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.