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.

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.

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.

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

In most years since 1980, global GDP growth has been relatively consistent, generally fluctuating between two and five percent growth from year to year. The most notable exceptions to this were during the Great Recession in 2009, and again in 2020 during the Covid-19 pandemic, where the global economy actually shrank in both of these years. As the world economy continues to deal with the economic impact of the pandemic, as well as the fallout from Russia's invasion of Ukraine in 2022, the future remains uncertain, however current estimates suggest that annual growth will return to steady figures of around 3 percent in 2029.

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, volume measures, lowest industry levels only, (dollars x 1,000,000), annual average, 5 most recent time periods.

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.

This statistic shows the growth of the real gross domestic product (GDP) in selected world regions from 2021 to 2024. According to the forecast, the GDP in the developed economies will grow by *** percent in 2024, compared to the previous year.

Graph and download economic data for Real Gross Domestic Product for Italy (NGDPRSAXDCITQ) from Q1 1996 to Q1 2025 about Italy, real, and GDP.

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.

CEIC extends history for quarterly Real GDP growth. The State Statistics Service of Ukraine provides Real GDP Growth at 2010 prices, based on SNA 2008. Real GDP Growth prior to Q1 2011 is at 2007 prices, based on SNA 1993.


Related information about Ukraine Real GDP Growth

• 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.

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.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Federal State Statistics Service provides Real GDP in local currency at 2021 prices, based on SNA 2008. Real GDP Growth prior to Q1 2012 is calculated from Real GDP at 2008 prices and prior to Q1 2004 from Real GDP at 2003 prices, both based on SNA 1993.


Related information about Russia Real GDP Growth

• 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.

Key information about Norway Real GDP Growth

• The Gross Domestic Product (GDP) in Norway expanded 1.8 % YoY in Dec 2022, following a growth of 2.3 % in the previous quarter.
• Real GDP Growth YoY data in Norway is updated quarterly, available from Mar 1979 to Dec 2022, with an average rate of 2.3 %.
• The data reached an all-time high of 10.7 % in Mar 1980 and a record low of -5.3 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. Statistics Norway provides Real GDP in local currency, at chain linked 2020 prices.


Related information about Norway Real GDP Growth

• In the latest reports, Nominal GDP of Norway reached 133.7 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 10.2 % in Dec 2022.
• GDP Per Capita in Norway reached 89,114.7 USD in Dec 2021.
• Its Gross Savings Rate was measured at 45.6 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 22.4 % in Dec 2022.
• Public Consumption accounted for 18.8 % in Dec 2022.
• Private Consumption accounted for 35.6 % in Dec 2022.

Key information about Spain Real GDP Growth

• The Gross Domestic Product (GDP) in Spain expanded 2.7 % YoY in Dec 2022, following a growth of 4.8 % in the previous quarter.
• Real GDP Growth YoY data in Spain is updated quarterly, available from Mar 1996 to Dec 2022, with an average rate of 2.9 %.
• The data reached an all-time high of 17.9 % in Jun 2021 and a record low of -21.9 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP Index. The National Statistics Institute provides Real GDP Index at chain linked 2015 prices.


Related information about Spain Real GDP Growth

• In the latest reports, Nominal GDP of Spain reached 352.1 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 5.2 % in Dec 2022.
• GDP Per Capita in Spain reached 27,002.6 USD in Dec 2020.
• Its Gross Savings Rate was measured at 21.3 % in Sep 2022.
• For Nominal GDP contributions, Investment accounted for 22.0 % in Dec 2022.
• Public Consumption accounted for 22.1 % in Dec 2022.
• Private Consumption accounted for 53.1 % in Dec 2022.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product for Mexico (NGDPRSAXDCMXQ) from Q1 1993 to Q1 2025 about Mexico, real, and GDP.

GDP: Guangdong: Zhuhai data was reported at 447.906 RMB bn in 2024. This records an increase from the previous number of 423.322 RMB bn for 2023. GDP: Guangdong: Zhuhai data is updated yearly, averaging 39.402 RMB bn from Dec 1979 (Median) to 2024, with 46 observations. The data reached an all-time high of 447.906 RMB bn in 2024 and a record low of 0.209 RMB bn in 1979. GDP: Guangdong: Zhuhai data remains active status in CEIC and is reported by Zhuhai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

Key information about France Real GDP Growth

• The Gross Domestic Product (GDP) in France expanded 0.9 % YoY in Mar 2023, following a growth of 0.6 % in the previous quarter.
• Real GDP Growth YoY data in France is updated quarterly, available from Mar 1950 to Mar 2023, with an average rate of 2.8 %.
• The data reached an all-time high of 17.8 % in Jun 2021 and a record low of -18.0 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The National Institute of Statistics and Economic Studies provides Real GDP in EUR, at chain linked 2014 prices.


Related information about France Real GDP Growth

• In the latest reports, Nominal GDP of France reached 736.3 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.5 % in Mar 2023.
• GDP Per Capita in France reached 40,533.9 USD in Dec 2022.
• Its Gross Savings Rate was measured at 14.2 % in Dec 2017.
• For Nominal GDP contributions, Investment accounted for 26.1 % in Mar 2023.
• Public Consumption accounted for 23.3 % in Mar 2023.
• Private Consumption accounted for 54.1 % in Mar 2023.

This table contains 114 series, with data for years 1919 - 1971 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Industry (114 items: Real domestic product; Agriculture; Forestry; Fishing and trapping; ...).