As of the third quarter of 2024, the GDP of the U.S. grew by 2.8 percent from the second quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.

The Gross Domestic Product (GDP) in the United States contracted 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

The Gross Domestic Product (GDP) in Japan stagnated 0 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

During the third quarter of 2021, Italy's GDP volume increased by 2.2 percent compared to the previous quarter. In 2020, the highest loss was recorded between April and June 2020, when the gross domestic product dropped by 12.9 percent compared to the first quarter of 2020. In the summer of 2020, Italy's GDP volume grew by 15.9 percent, a significant recover when referring to the second quarter of 2020.

The Gross Domestic Product (GDP) in China expanded 1.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the first quarter of 2025, the quarterly gross domestic product of the United Kingdom was approximately, 646.8 billion British pounds, compared with around 642 billion pounds in the previous quarter. The large dip in GDP that can be seen in the second quarter of 2020 saw the UK economy fall from 604.7 billion pounds to 481.8 billion, with more usual levels of output not recovering until well into 2021. The COVID-19 lockdowns enacted by the UK government at that time was the main reason for this large fall in GDP. Growth lagging as UK heads into 2025 After ending 2023 in recession, the UK economy started 2024 with the strongest quarterly GDP growth in several years, growing by 0.7 percent in the first quarter, and then by 0.4 percent in the second quarter. Economic growth in the second half of the year was, however, far less promising, with GDP flatlining in the third quarter, and monthly GDP shrinking by 0.1 percent in September and then again in October. Although GDP is still forecast to grow in 2025, the overall economic picture is precarious. In November, UK inflation rose to 2.6 percent, compared with just 1.7 percent in September, while the labor market continues to show signs of cooling after a period of high job vacancies and low unemployment. Labour pinning hopes on long-term growth After winning its first general election in 19 years in 2024, the Labour Government has seen its approval ratings plummet in its first few months in office. This shaky start is partly due to a government strategy of making unpopular decisions early in their tenure, which they hope will eventually encourage stable economic growth in the mid to long-term. By far the least popular policy was the withdrawal of winter fuel benefits for a significant number of pensioners, a cost-cutting measure deemed necessary due to the UK's vulnerable public finance position, with government debt at around 100 percent of GDP. A further measure introduced was a national insurance tax increase for employers, with almost half of UK firms citing increased taxes as their main external concern in Q3 2024. Avoiding any further tax rises or cuts to services will depend on if policies in other areas, such as planning reform, will kickstart the UK economy in time before the next election.

The Gross Domestic Product (GDP) in China expanded 5.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for GDPNow (GDPNOW) from Q3 2011 to Q2 2025 about nowcast, projection, headline figure, GDP, rate, and USA.

CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Foreign Reserves data was reported at -0.018 % Point in Mar 2025. This records a decrease from the previous number of 0.023 % Point for Feb 2025. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Foreign Reserves data is updated monthly, averaging -0.050 % Point from Oct 2024 (Median) to Mar 2025, with 6 observations. The data reached an all-time high of 0.075 % Point in Jan 2025 and a record low of -0.293 % Point in Dec 2024. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Foreign Reserves data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s National Accounts – Table CN.AJ: Gross Domestic Product: Nowcast: Next Quarter. China GDP releases in January for Q4, April for Q1, July for Q2 and October for Q3. 'Next Quarter' during periods between - October release to January release refers to Q1 GDP data estimate; January release to April release refers to Q2 GDP data estimate; April release to July release refers Q3 GDP data estimate; July release to October release refers to Q4 GDP data estimate.

Show the Value of GDP, Growth rate in current prices. Showing the moving series indicators such as (Index size numbers , Growth rate) Showing Chain Linked (Growth Rate , Index , Volume)

In the fourth quarter of 2024, gross domestic product in the Republic of Ireland grew by 3.6 percent when compared with the previous quarter. Between the first quarter of 2022 and the most recent quarter, GDP grew fastest in the third quarter of 2023 at 4.1 percent, and declined the most in the first quarter of 2023.

These data represent the Gross Domestic Product by economic activity 2016 - the third quarter

The Gross Domestic Product (GDP) In the Euro Area expanded 0.60 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Euro Area GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the fourth quarter of 2024, the real gross domestic product (GDP) of Macao increased by 3.4 percent compared to the same quarter of the previous year. GDP growth in Macao had suffered hard from the coronavirus COVID-19 pandemic, but benefited greatly from the lifting of travel restrictions for Chinese visitors.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Nebraska (NERQGSP) from Q1 2005 to Q4 2024 about NE, GSP, real, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product (OB000334Q) from Q1 2003 to Q1 2025 about real, GDP, and USA.

The table shows quarterly GDP levels around the world, i.e. the value of all goods and services produced on the territory of the country over a three month period. This is nominal GDP so its changes over time reflect both changes in the amounts of goods and services produced as well as their prices. The first column of the table is the most recent GDP number released by the national governments. Please note that we update these data on a daily basis. The second column is the percent change in the nominal GDP from the previous quarter. The third column is the percent change from the same quarter last year. The latter one is a useful measure of growth as it eliminates seasonal factors by comparing the GDP levels at the same time of the current and the previous year. Real GDP growth, i.e. excluding price changes, is typically about 1-3 percent per year. Therefore, nominal rates of growth well in excess of that are definitely due to rising prices much more than to rising output levels.

Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.

In the first quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. IT services displayed the highest sectoral growth reaching **** percent compared to *** percent in the real estate sector.