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.

The state of Utah experienced the most significant GDP growth in 2024, growing by seven percent from 2023. Florida, South Carolina, and North Carolina also experienced high amounts of growth in the same period. North Dakota was the only state that saw a decrease in GDP, falling 0.8 percent.

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.

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.

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 U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.

The average for 2024 based on 177 countries was 27291 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

The New York-Newark-Jersey City metro area had the highest real GDP in 2023, totaling around 1.91 billion U.S. dollars. The Los Angeles-Long Beach-Anaheim metro area also had a high real GDP of around 1.08 billion dollars. This statistic only contains the top 100 metro areas by real GDP.

Cross sectional data, all countries for the statistic Gross_Domestic_Product_Current_USD. Indicator Definition: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.Indicator Unit:The statistic is measured in USD.Descriptive Statistics regarding the Indicator "Gross Domestic Product Current Usd":The number of countries with data stands at: 179 countries.The average value across those countries stands at: 598,698,309,603.88.The standard deviation across those countries stands at: 2,660,560,559,011.12.The lowest value stands at: 160,350,639.55, and was observed in Nauru, which in this case constitutes the country that ranks last.The highest value stands at: 29,184,890,000,000.00, and was observed in United States, which in this case constitutes the country that ranks first.Looking at countries with values, the top 5 countries are:1. United States, actual value 29,184,890,000,000.00, actual ranking 1.2. China, actual value 18,743,803,170,827.20, actual ranking 2.3. Germany, actual value 4,659,929,336,890.62, actual ranking 3.4. Japan, actual value 4,026,210,821,146.81, actual ranking 4.5. India, actual value 3,912,686,168,582.21, actual ranking 5.Looking at countries with values, the bottom 5 countries are:1. Nauru, actual value 160,350,639.55, actual ranking 179.2. Marshall Islands, actual value 280,357,844.23, actual ranking 178.3. Kiribati, actual value 307,862,546.79, actual ranking 177.4. Micronesia, Fed. Sts., actual value 471,425,099.49, actual ranking 176.5. Dominica, actual value 688,881,481.48, actual ranking 175.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

Time series data for the statistic GDP_Per_Capita_Current_USD and country Tanzania. Indicator Definition:GDP per capita is gross domestic product divided by midyear population. GDP 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.The statistic "GDP Per Capita Current USD" stands at 1,185.75 United States Dollars as of 12/31/2024. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -3.16 percent compared to the value the year prior.The 1 year change in percent is -3.16.The 3 year change in percent is 2.23.The 5 year change in percent is 11.51.The 10 year change in percent is 15.94.The Serie's long term average value is 546.50 United States Dollars. It's latest available value, on 12/31/2024, is 116.97 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1970, to it's latest available value, on 12/31/2024, is +445.83%.The Serie's change in percent from it's maximum value, on 12/31/2023, to it's latest available value, on 12/31/2024, is -3.16%.

This dataset displays the current-dollar GDP by US state. The period covered includes 2003-2006. Posted for each state and year is the state GDP in millions of dollars and the percent of US total GDP. This data was collected from the Bureau of Economic Analysis at their web page at: http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm Access Date: October 29, 2007

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

In 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, Los Angeles is the second-largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP in the United States is available here. Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 U.S. dollars annually. Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.

The average for 2024 based on 175 countries was 64.6 index points. The highest value was in Somalia: 111.3 index points and the lowest value was in Norway: 12.7 index points. The indicator is available from 2007 to 2024. Below is a chart for all countries where data are available.

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.

In 2023, the GDP of the San Francisco Bay Area amounted to 681.89 billion U.S. dollars, an increase from the previous year. The overall quarterly GDP growth in the United States can be found here. The GDP of the San Francisco Bay Area The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. There are approximately 4.62 million people living in the metro area as of 2022. Silicon Valley In the ten year period between 2001 and 2011, the Bay Area saw steady GDP growth. Starting in 2012, it began to skyrocket. This is thanks to an economic boom in the tech sector, and high value companies headquartered in Silicon Valley - also part of the Bay Area. Silicon Valley is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there. Additionally, California ranked first on a list of U.S. states by GDP, with more than 3.59 trillion U.S. dollars in GDP in 2022.

Time series data for the statistic Real_GDP_Per_Capita_PPP_Constant_2017_USD and country Poland. Indicator Definition:GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country 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 constant 2017 international dollars.The statistic "Real GDP Per Capita PPP Constant 2017 USD" stands at 45,112.60 United States Dollars as of 12/31/2024, the highest value at least since 12/31/1991, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 3.30 percent compared to the value the year prior.The 1 year change in percent is 3.30.The 3 year change in percent is 9.87.The 5 year change in percent is 18.15.The 10 year change in percent is 48.72.The Serie's long term average value is 25,396.48 United States Dollars. It's latest available value, on 12/31/2024, is 77.63 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1991, to it's latest available value, on 12/31/2024, is +279.74%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.

Time series data for the statistic Consolidated foreign claims of BIS reporting banks to GDP (%) and country United States. Indicator Definition:The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.The indicator "Consolidated foreign claims of BIS reporting banks to GDP (%)" stands at 35.88 as of 12/31/2020, the highest value since 12/31/2012. Regarding the One-Year-Change of the series, the current value constitutes an increase of 12.74 percent compared to the value the year prior.The 1 year change in percent is 12.74.The 3 year change in percent is 10.21.The 5 year change in percent is 13.82.The 10 year change in percent is -1.97.The Serie's long term average value is 31.03. It's latest available value, on 12/31/2020, is 15.64 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1998, to it's latest available value, on 12/31/2020, is +36,693.88%.The Serie's change in percent from it's maximum value, on 12/31/2007, to it's latest available value, on 12/31/2020, is -20.11%.

Time series data for the statistic Real_GDP_Per_Capita_Constant_2015_USD and country Peru. Indicator Definition:GDP per capita is gross domestic product divided by midyear population. GDP 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 constant 2015 U.S. dollars.The statistic "Real GDP Per Capita Constant 2015 USD" stands at 6,711.19 United States Dollars as of 12/31/2024, the highest value at least since 12/31/1961, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 2.18 percent compared to the value the year prior.The 1 year change in percent is 2.18.The 3 year change in percent is 2.49.The 5 year change in percent is 1.28.The 10 year change in percent is 9.95.The Serie's long term average value is 4,088.41 United States Dollars. It's latest available value, on 12/31/2024, is 64.15 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1992, to it's latest available value, on 12/31/2024, is +154.18%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.