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.

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.

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.

United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

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.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q1 2025 about GDP and USA.

United States US: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 0.968 % in 2016. This records a decrease from the previous number of 1.332 % for 2015. United States US: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 1.566 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 4.928 % in 1985 and a record low of -2.654 % in 2011. United States US: GDP: Growth: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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 Q2 2025 about real, GDP, rate, and USA.

In 2024, the real gross domestic product (GDP) of California was 3.37 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.25 trillion U.S. dollars.

Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Punjab data was reported at 2.445 % in 2025. This records a decrease from the previous number of 2.476 % for 2024. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Punjab data is updated yearly, averaging 2.848 % from Mar 2005 (Median) to 2025, with 21 observations. The data reached an all-time high of 3.259 % in 2005 and a record low of 2.445 % in 2025. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Punjab data remains active status in CEIC and is reported by CEIC Data. The data is categorized under India Premium Database’s General Election – Table IN.GEI003: Memo Items: State Economy: Gross State Domestic Product: Contribution: National Gross Domestic Product. Data prior to 2012 is based on GDP at Factor Cost

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint (GDPC1CTMLR) from 2009-02-18 to 2025-06-18 about projection, real, GDP, rate, and USA.

This dataset provides both quarterly and annual estimates of the value of the goods and services produced in Iowa as provided by the U.S. Department of Commerce, Bureau of Economic Analysis in tables SAGDP2N, SAGDP9N, SAGDP10N, SQGDP2, and SQGDP9. Annual data is available beginning in 1997, and quarterly beginning 2005. The data include breakdowns of industries' contributions. Quarterly estimates are presented as an annual rate. Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars. The annual per capita real GDP is also provided and is measured in chained dollars. In calculating the per capita real GDP, the real GDP is divided by the Census Bureau’s annual midyear (July 1) population estimates for the year.

GDP per Capita: State of São Paulo: Growth Rate data was reported at 0.166 % in 2023. This records a decrease from the previous number of 2.869 % for 2022. GDP per Capita: State of São Paulo: Growth Rate data is updated yearly, averaging 1.009 % from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 6.600 % in 2021 and a record low of -4.958 % in 2015. GDP per Capita: State of São Paulo: Growth Rate data remains active status in CEIC and is reported by State System of Data Analysis Foundation. The data is categorized under Brazil Premium Database’s National Accounts – Table BR.AG022: SNA 2008: Gross Domestic Product per Capita: Southeast: São Paulo.

Key information about Russia Real GDP Growth

• The Gross Domestic Product (GDP) in Russia contracted 2.6 % YoY in Mar 2023, following a negative growth of 3.2 % in the previous quarter.
• Real GDP Growth YoY data in Russia is updated quarterly, available from Mar 1996 to Mar 2023, with an average rate of 2.7 %.
• The data reached an all-time high of 12.3 % in Dec 1999 and a record low of -9.4 % in Jun 2009.

• In the latest reports, Nominal GDP of Russia reached 494.7 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 0.7 % in Mar 2023.
• GDP Per Capita in Russia reached 15,074.8 USD in Dec 2022.
• Its Gross Savings Rate was measured at 35.2 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 28.9 % in Dec 2022.
• Public Consumption accounted for 17.5 % in Dec 2022.
• Private Consumption accounted for 47.3 % in Dec 2022.

United States US: GDP: USD data was reported at 19,390.604 USD bn in 2017. This records an increase from the previous number of 18,624.475 USD bn for 2016. United States US: GDP: USD data is updated yearly, averaging 5,455.161 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 19,390.604 USD bn in 2017 and a record low of 543.300 USD bn in 1960. United States US: GDP: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

In 2023, the United States had a real gross domestic product of about 23.3 trillion U.S. dollars (2017 chained). See the U.S. GDP for further information. Real Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices. Real GDP in the U.S. The real GDP of the U.S. has increased from 9.37 trillion U.S. dollars (2012 chained) in 1990 to 22 trillion U.S. dollars in 2023. Like many of the worlds major economies, the United States has experienced a steady growth in GDP over the last few years. The Indian economy was expected to experienced growth of 9.4 percent between 2020 and 2021, while China’s GDP was expected to grow 8.1 percent in the same period. One of the defining qualities of the United States’ economy is its diversity and advanced technological advancements. Industries such as finance, real estate, health care, and business and education services are large contributors to the economy, while the manufacturing sector accounts for about 11 percent of the country’s wealth. The GDP generated by each state can also vary widely based on principal industries and production. In 2021, California had the highest state GDP in the United States, reaching 3.35 trillion U.S. dollars; comparatively, Vermont generated a GDP of 36.17 billion U.S. dollars in that year.

Key information about Russia Nominal GDP Growth

• Russia Nominal GDP Growth was reported at 19.527 % in Mar 2024.
• This records an increase from the previous number of 19.473 % for Dec 2023.
• Russia Nominal GDP Growth data is updated quarterly, averaging 19.527 % from Mar 1994 to Mar 2024, with 121 observations.
• The data reached an all-time high of 544.118 % in Mar 1994 and a record low of -10.715 % in Jun 2020.
• Russia 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.

Key information about Ukraine Real GDP Growth

• The Gross Domestic Product (GDP) in Ukraine contracted 31.4 % YoY in Dec 2022, following a negative growth of 30.6 % in the previous quarter.
• Real GDP Growth YoY data in Ukraine is updated quarterly, available from Mar 2002 to Dec 2022, with an average rate of 3.2 %.
• The data reached an all-time high of 14.0 % in Sep 2004 and a record low of -36.9 % in Jun 2022.

• In the latest reports, Nominal GDP of Ukraine reached 44.4 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 36.5 % in Dec 2022.
• GDP Per Capita in Ukraine reached 4,827.9 USD in Dec 2021.
• Its Gross Savings Rate was measured at -4.2 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 18.0 % in Dec 2022.
• Public Consumption accounted for 43.4 % in Dec 2022.
• Private Consumption accounted for 60.8 % in Dec 2022.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Idaho (IDRQGSP) from Q1 2005 to Q1 2025 about ID, GSP, real, industry, GDP, and USA.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.