Graph and download economic data for Gross Domestic Product Excluding Research and Development (Y695RC1Q027SBEA) from Q1 1947 to Q1 2025 about R&D, GDP, and USA.

The Gross Domestic Product (GDP) in the United States expanded 2 percent in the first 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.

The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

International Data & Economic Analysis (IDEA) is USAID's comprehensive source of economic and social data and analysis. IDEA brings together over 12,000 data series from over 125 sources into one location for easy access by USAID and its partners through the USAID public website. The data are broken down by countries, years and the following sectors: Economy, Country Ratings and Rankings, Trade, Development Assistance, Education, Health, Population, and Natural Resources. IDEA regularly updates the database as new data become available. Examples of IDEA sources include the Demographic and Health Surveys, STATcompiler; UN Food and Agriculture Organization, Food Price Index; IMF, Direction of Trade Statistics; Millennium Challenge Corporation; and World Bank, World Development Indicators. The database can be queried by navigating to the site displayed in the Home Page field below.

Key information about United States Real GDP Growth

• The Gross Domestic Product (GDP) in United States expanded 1.6 % YoY in Mar 2023, following a growth of 0.9 % in the previous quarter.
• Real GDP Growth YoY data in US is updated quarterly, available from Mar 1948 to Mar 2023, with an average rate of 3.0 %.
• The data reached an all-time high of 13.4 % in Dec 1950 and a record low of -8.4 % in Jun 2020.

• In the latest reports, Nominal GDP of US reached 6,621.6 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.4 % in Mar 2023.
• GDP Per Capita in US reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 15.9 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 20.7 % in Mar 2023.
• Public Consumption accounted for 14.1 % in Mar 2023.
• Private Consumption accounted for 67.9 % in Mar 2023.

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.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in the Plains BEA Region (PLNSRQGSP) from Q1 2005 to Q4 2024 about Plains BEA Region, GSP, real, industry, GDP, and USA.

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

This filtered view presents the real gross domestic product annual rate for the State of Iowa in dollars estimated quarterly. Estimated values are reported in millions of 2012 chained dollars were multiplied by 1,000,000 for use in measures and visualizations.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa. Quarterly GDP estimates are reported using annual rates, for ease of comparison. 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). Iowa GDP excludes 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. 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.

Graph and download economic data for Government subsidies: Economic affairs (G170791A027NBEA) from 1959 to 2023 about economic affairs, subsidies, government, GDP, and USA.

This filtered view presents Real Gross Domestic Product for the State of Iowa by year for the manufacturing sector and its reported subsectors beginning in 1997.

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, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.

United States Imports: Services: ME: Financial data was reported at 408.000 USD mn in 2016. This records an increase from the previous number of 399.000 USD mn for 2015. United States Imports: Services: ME: Financial data is updated yearly, averaging 352.000 USD mn from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 491.000 USD mn in 2008 and a record low of 239.000 USD mn in 2006. United States Imports: Services: ME: Financial data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA032: Trade Statistics: Services: Middle East.

United States Exports: Services: LW: Travel: Other Business & Personal data was reported at 34.032 USD bn in 2016. This records a decrease from the previous number of 35.113 USD bn for 2015. United States Exports: Services: LW: Travel: Other Business & Personal data is updated yearly, averaging 20.256 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 35.113 USD bn in 2015 and a record low of 13.062 USD bn in 2003. United States Exports: Services: LW: Travel: Other Business & Personal data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA028: Trade Statistics: Services: Latin America & Other Western Hemisphere.

This filtered view presents Real Gross Domestic Product for the information sector and its subsectors in the State of Iowa by year beginning in 1997.

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, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.

United States Exports: Services: LW: Financial data was reported at 41.176 USD bn in 2017. This records an increase from the previous number of 37.940 USD bn for 2016. United States Exports: Services: LW: Financial data is updated yearly, averaging 21.797 USD bn from Dec 2006 (Median) to 2017, with 12 observations. The data reached an all-time high of 44.750 USD bn in 2014 and a record low of 13.514 USD bn in 2006. United States Exports: Services: LW: Financial data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.JA028: Trade Statistics: Services: Latin America & Other Western Hemisphere.

United States Imports of Services: Latin America & Other Western Hemisphere data was reported at 100.219 USD bn in 2016. This records a decrease from the previous number of 100.412 USD bn for 2015. United States Imports of Services: Latin America & Other Western Hemisphere data is updated yearly, averaging 72.399 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 100.412 USD bn in 2015 and a record low of 34.546 USD bn in 1999. United States Imports of Services: Latin America & Other Western Hemisphere data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA020: Trade Statistics: Services: By Country.

Graph and download economic data for Gross Domestic Product: State and Local in the New England BEA Region (NENGGOVSLNGSP) from 1997 to 2024 about New England BEA Region, state & local, GSP, government, industry, GDP, and USA.

This filtered view presents Real Gross Domestic Product for the professional, scientific, and technical services sector and its subsectors in the State of Iowa by year beginning in 1997.

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, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.

United States Exports: Services: Travel: Personal data was reported at 164.980 USD bn in 2016. This records an increase from the previous number of 162.218 USD bn for 2015. United States Exports: Services: Travel: Personal data is updated yearly, averaging 79.801 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 164.980 USD bn in 2016 and a record low of 49.297 USD bn in 2002. United States Exports: Services: Travel: Personal data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA021: Trade Statistics: Services: By Type.

United States Exports: Services: LW: IPC: Affiliated (AF) data was reported at 7.632 USD bn in 2017. This records a decrease from the previous number of 7.984 USD bn for 2016. United States Exports: Services: LW: IPC: Affiliated (AF) data is updated yearly, averaging 8.113 USD bn from Dec 2006 (Median) to 2017, with 12 observations. The data reached an all-time high of 9.414 USD bn in 2011 and a record low of 4.796 USD bn in 2006. United States Exports: Services: LW: IPC: Affiliated (AF) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.JA028: Trade Statistics: Services: Latin America & Other Western Hemisphere.