100+ datasets found
  1. U.S. gross domestic product 2024, by state

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). U.S. gross domestic product 2024, by state [Dataset]. https://www.statista.com/statistics/248023/us-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    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.

  2. U.S. annual GDP 1990-2024

    • statista.com
    Updated May 5, 2025
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    Statista (2025). U.S. annual GDP 1990-2024 [Dataset]. https://www.statista.com/statistics/188105/annual-gdp-of-the-united-states-since-1990/
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    Dataset updated
    May 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  3. T

    United States GDP Annual Growth Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 15, 2025
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    TRADING ECONOMICS (2025). United States GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/united-states/gdp-growth-annual
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    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1948 - Jun 30, 2025
    Area covered
    United States
    Description

    The Gross Domestic Product (GDP) in the United States expanded 2.10 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  4. U.S. real per capita GDP 2024, by state

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). U.S. real per capita GDP 2024, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    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.

  5. T

    United States GDP

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 15, 2025
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    TRADING ECONOMICS (2025). United States GDP [Dataset]. https://tradingeconomics.com/united-states/gdp
    Explore at:
    xml, excel, json, csvAvailable download formats
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United States
    Description

    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.

  6. U

    United States CSI: Economic Outlook 12 Months

    • ceicdata.com
    Updated Apr 12, 2018
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    CEICdata.com (2018). United States CSI: Economic Outlook 12 Months [Dataset]. https://www.ceicdata.com/en/united-states/consumer-sentiment-index/csi-economic-outlook-12-months
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    Dataset updated
    Apr 12, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 1, 2017 - Mar 1, 2018
    Area covered
    United States
    Variables measured
    Consumer Survey
    Description

    United States CSI: Economic Outlook 12 Months data was reported at 123.000 1966=100 in Sep 2018. This records an increase from the previous number of 118.000 1966=100 for Aug 2018. United States CSI: Economic Outlook 12 Months data is updated monthly, averaging 105.000 1966=100 from Jan 1978 (Median) to Sep 2018, with 489 observations. The data reached an all-time high of 165.000 1966=100 in Jan 2000 and a record low of 31.000 1966=100 in Feb 2009. United States CSI: Economic Outlook 12 Months data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s United States – Table US.H025: Consumer Sentiment Index. The question was: Now turning to business conditions in the country as a whole -- do you think that during the next 12 months we'll have good times financially or bad times or what?

  7. U.S. share of value added to GDP 2024, by industry

    • statista.com
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    Statista, U.S. share of value added to GDP 2024, by industry [Dataset]. https://www.statista.com/statistics/248004/percentage-added-to-the-us-gdp-by-industry/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

  8. G

    Percent of world GDP by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Nov 18, 2016
    + more versions
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    Globalen LLC (2016). Percent of world GDP by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_share/
    Explore at:
    xml, excel, csvAvailable download formats
    Dataset updated
    Nov 18, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1980 - Dec 31, 2023
    Area covered
    World
    Description

    The average for 2023 based on 188 countries was 0.53 percent. The highest value was in the USA: 26.3 percent and the lowest value was in Andorra: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

  9. U

    United States US: Disaster Risk Reduction Progress Score: 1=Worst to 5=Best

    • ceicdata.com
    Updated Nov 29, 2011
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    CEICdata.com (2011). United States US: Disaster Risk Reduction Progress Score: 1=Worst to 5=Best [Dataset]. https://www.ceicdata.com/en/united-states/land-use-protected-areas-and-national-wealth/us-disaster-risk-reduction-progress-score-1worst-to-5best
    Explore at:
    Dataset updated
    Nov 29, 2011
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011
    Area covered
    United States
    Description

    United States US: Disaster Risk Reduction Progress Score: 1=Worst to 5=Best data was reported at 3.500 NA in 2011. United States US: Disaster Risk Reduction Progress Score: 1=Worst to 5=Best data is updated yearly, averaging 3.500 NA from Dec 2011 (Median) to 2011, with 1 observations. United States US: Disaster Risk Reduction Progress Score: 1=Worst to 5=Best 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: Land Use, Protected Areas and National Wealth. Disaster risk reduction progress score is an average of self-assessment scores, ranging from 1 to 5, submitted by countries under Priority 1 of the Hyogo Framework National Progress Reports. The Hyogo Framework is a global blueprint for disaster risk reduction efforts that was adopted by 168 countries in 2005. Assessments of 'Priority 1' include four indicators that reflect the degree to which countries have prioritized disaster risk reduction and the strengthening of relevant institutions.; ; (UNISDR, 2009-2011 Progress Reports, http://www.preventionweb.net/english/hyogo).; ;

  10. Latin America & Caribbean: gross domestic product 2025, by country

    • statista.com
    Updated Aug 8, 2025
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    Statista (2025). Latin America & Caribbean: gross domestic product 2025, by country [Dataset]. https://www.statista.com/statistics/802640/gross-domestic-product-gdp-latin-america-caribbean-country/
    Explore at:
    Dataset updated
    Aug 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Latin America, Caribbean, Americas, LAC
    Description

    In 2025, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

  11. V

    Quality of life measure - by state

    • data.virginia.gov
    csv
    Updated Oct 23, 2025
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    Datathon 2024 (2025). Quality of life measure - by state [Dataset]. https://data.virginia.gov/dataset/quality-of-life-by-state
    Explore at:
    csv(1738)Available download formats
    Dataset updated
    Oct 23, 2025
    Dataset authored and provided by
    Datathon 2024
    Description

    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.

  12. F

    Nominal Gross Domestic Product for United States

    • fred.stlouisfed.org
    json
    Updated Sep 1, 2025
    + more versions
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    (2025). Nominal Gross Domestic Product for United States [Dataset]. https://fred.stlouisfed.org/series/NGDPSAXDCUSQ
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Sep 1, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    United States
    Description

    Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q2 2025 about GDP and USA.

  13. T

    United States Leading Index

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 15, 2025
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    TRADING ECONOMICS (2025). United States Leading Index [Dataset]. https://tradingeconomics.com/united-states/leading-economic-index
    Explore at:
    json, excel, csv, xmlAvailable download formats
    Dataset updated
    Aug 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1959 - Aug 31, 2025
    Area covered
    United States
    Description

    Leading Economic Index the United States increased to 98.40 in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Coincident Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  14. U

    United States NJ: WR: VS: Over-the-Top (OTT)

    • ceicdata.com
    Updated Oct 15, 2025
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    CEICdata.com (2025). United States NJ: WR: VS: Over-the-Top (OTT) [Dataset]. https://www.ceicdata.com/en/united-states/number-of-mobile-voice-subscriptions-by-state-mideast-region/nj-wr-vs-overthetop-ott
    Explore at:
    Dataset updated
    Oct 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2018 - Dec 1, 2023
    Area covered
    United States
    Variables measured
    Phone Statistics
    Description

    United States NJ: WR: VS: Over-the-Top (OTT) data was reported at 951.000 Number th in Jun 2024. This records an increase from the previous number of 820.000 Number th for Dec 2023. United States NJ: WR: VS: Over-the-Top (OTT) data is updated semiannually, averaging 406.000 Number th from Jun 2014 (Median) to Jun 2024, with 21 observations. The data reached an all-time high of 951.000 Number th in Jun 2024 and a record low of 210.000 Number th in Jun 2014. United States NJ: WR: VS: Over-the-Top (OTT) data remains active status in CEIC and is reported by Federal Communications Commission. The data is categorized under Global Database’s United States – Table US.TB: Number of Mobile Voice Subscriptions: by State: Mideast Region.

  15. 160 years of economic

    • kaggle.com
    zip
    Updated Jul 29, 2025
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    willian oliveira (2025). 160 years of economic [Dataset]. https://www.kaggle.com/datasets/willianoliveiragibin/160-years-of-economic
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    zip(814 bytes)Available download formats
    Dataset updated
    Jul 29, 2025
    Authors
    willian oliveira
    License

    https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/

    Description

    Economic growth is easy to understand: it means that people have access to goods and services of increasing quantity and quality. What is hard, however, is to measure economic growth. This chart shows two ways of doing this for US growth over the past 160 years. The purple lines represent a straightforward approach: each line tracks the share of households with access to one specific good or service. Starting from the top, you see the rising provision of basic infrastructure like running water, flush toilets, and electric power. You can also see the increasing availability of communication technology: radios, TVs, the Internet, and mobile phones. And further down, you see the rise of technologies that reduced work at home: vacuum cleaners, washing machines, dryers, and dishwashers. This approach is very concrete; it shows practical ways in which the production and consumption of specific goods increased over time. The downside is that it only captures a limited number of particular goods. Millions of goods and services are produced and consumed, and most are not recorded with such precision. A way to measure how people’s access to the full range of goods and services changes is to measure people’s incomes. This way of measuring growth is shown in the top left panel. The data on average income, here measured by GDP per capita, tells us that the average American was 13 times poorer in 1860 than in 2022 (adjusted for inflation). These two ways of measuring economic growth have pros and cons: one is concrete but not comprehensive, the other is comprehensive but quite abstract. If we want to understand what growth means for our societies, I find it helpful to combine them both.

  16. T

    United States Unemployment Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +14more
    csv, excel, json, xml
    Updated Nov 20, 2025
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    TRADING ECONOMICS (2025). United States Unemployment Rate [Dataset]. https://tradingeconomics.com/united-states/unemployment-rate
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Nov 20, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1948 - Sep 30, 2025
    Area covered
    United States
    Description

    Unemployment Rate in the United States increased to 4.40 percent in September from 4.30 percent in August of 2025. This dataset provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  17. Gross domestic product of G7 countries 2000-2024

    • statista.com
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    Statista, Gross domestic product of G7 countries 2000-2024 [Dataset]. https://www.statista.com/statistics/1370584/g7-country-gdp-levels/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  18. U

    United States CSI: Economic: Expected Buss Condition: Next 5Yrs: Good Times

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). United States CSI: Economic: Expected Buss Condition: Next 5Yrs: Good Times [Dataset]. https://www.ceicdata.com/en/united-states/consumer-sentiment-index-economic-conditions/csi-economic-expected-buss-condition-next-5yrs-good-times
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 1, 2017 - Mar 1, 2018
    Area covered
    United States
    Description

    United States CSI: Economic: Expected Buss Condition: Next 5Yrs: Good Times data was reported at 49.000 % in May 2018. This records a decrease from the previous number of 51.000 % for Apr 2018. United States CSI: Economic: Expected Buss Condition: Next 5Yrs: Good Times data is updated monthly, averaging 38.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 64.000 % in Sep 2000 and a record low of 10.000 % in Jul 1979. United States CSI: Economic: Expected Buss Condition: Next 5Yrs: Good Times data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H028: Consumer Sentiment Index: Economic Conditions. The question was: Looking ahead, which would you say is more likely -- that in the country as a whole we'll have continuous good times during the next 5 years, or that we'll have periods of widespread unemployment or depression, or what?

  19. U

    United States JR: Same-Store Sales: ES: Best Buy: Best Buy US

    • ceicdata.com
    + more versions
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    CEICdata.com, United States JR: Same-Store Sales: ES: Best Buy: Best Buy US [Dataset]. https://www.ceicdata.com/en/united-states/johnson-redbook-samestore-sales-index-quarterly-yoy/jr-samestore-sales-es-best-buy-best-buy-us
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 1, 2015 - Jan 1, 2018
    Area covered
    United States
    Description

    United States JR: Same-Store Sales: ES: Best Buy: Best Buy US data was reported at 7.100 % in Apr 2018. This records a decrease from the previous number of 9.000 % for Jan 2018. United States JR: Same-Store Sales: ES: Best Buy: Best Buy US data is updated quarterly, averaging -0.100 % from Oct 2010 (Median) to Apr 2018, with 31 observations. The data reached an all-time high of 9.000 % in Jan 2018 and a record low of -5.500 % in Oct 2010. United States JR: Same-Store Sales: ES: Best Buy: Best Buy US data remains active status in CEIC and is reported by Redbook Research Inc.. The data is categorized under Global Database’s USA – Table US.H012: Johnson Redbook Same-Store Sales Index: Quarterly: YoY%.

  20. T

    United States Government Spending To GDP

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 16, 2025
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    TRADING ECONOMICS (2025). United States Government Spending To GDP [Dataset]. https://tradingeconomics.com/united-states/government-spending-to-gdp
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Oct 16, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1900 - Dec 31, 2024
    Area covered
    United States
    Description

    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.

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Statista (2025). U.S. gross domestic product 2024, by state [Dataset]. https://www.statista.com/statistics/248023/us-gross-domestic-product-gdp-by-state/
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U.S. gross domestic product 2024, by state

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14 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Nov 19, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2024
Area covered
United States
Description

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.

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