In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20.7 percent. The construction industry contributed around four percent of GDP in the same year.
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Graph and download economic data for Contributions to Percent Change in Real GDP by Industry: Government: Federal (CPGDPF) from Q2 2005 to Q4 2024 about contributions, federal, percent, government, real, GDP, and USA.
In 2023, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 5.66 trillion U.S. dollars to the national GDP.
Gross Domestic Product
Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country.
U.S. GDP
California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.
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GDP from Manufacturing in the United States increased to 2402.80 USD Billion in the third quarter of 2024 from 2383.80 USD Billion in the second quarter of 2024. This dataset provides - United States Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Gross Domestic Product: Manufacturing (31-33) in the United States (USMANNQGSP) from Q1 2005 to Q3 2024 about GSP, private industries, private, manufacturing, industry, GDP, and USA.
In 2021, the agriculture sector contributed around 0.94 percent to the Gross Domestic Product (GDP) of the United States. In that same year, 17.61 percent came from industry, and the service sector contributed the most to the GDP, at 76.4 percent.
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United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 11.601 % in 2016. This records a decrease from the previous number of 11.919 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 12.807 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 16.022 % in 1997 and a record low of 11.601 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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GDP from Services in the United States increased to 17050.50 USD Billion in the fourth quarter of 2024 from 16949.30 USD Billion in the third quarter of 2024. This dataset provides - United States Gdp From Private Services Producing Industries- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United States US: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 41.166 % in 2015. This stayed constant from the previous number of 41.166 % for 2014. United States US: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 49.199 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 51.786 % in 1998 and a record low of 38.398 % in 1996. United States US: GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;
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United States US: GDP: % of Manufacturing: Other Manufacturing data was reported at 38.796 % in 2011. This records an increase from the previous number of 37.666 % for 2010. United States US: GDP: % of Manufacturing: Other Manufacturing data is updated yearly, averaging 48.171 % from Dec 1963 (Median) to 2011, with 47 observations. The data reached an all-time high of 49.983 % in 1979 and a record low of 37.666 % in 2010. United States US: GDP: % of Manufacturing: Other Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Other manufacturing, a residual, covers wood and related products (ISIC division 20), paper and related products (ISIC divisions 21 and 22), petroleum and related products (ISIC division 23), basic metals and mineral products (ISIC division27), fabricated metal products and professional goods (ISIC division 28), and other industries (ISIC divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;
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United States US: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 15.162 % in 2011. This records a decrease from the previous number of 15.734 % for 2010. United States US: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 11.852 % from Dec 1963 (Median) to 2011, with 47 observations. The data reached an all-time high of 15.734 % in 2010 and a record low of 9.901 % in 1979. United States US: GDP: % of Manufacturing: Food, Beverages and Tobacco data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;
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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.
The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2023, with projections up until 2029. The gross domestic product of the United States in 2023 amounted to around 27.72 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.
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United States GDP: GO: Addenda: Private Goods Producing Industries data was reported at 8,347.899 USD bn in 2017. This records an increase from the previous number of 7,861.289 USD bn for 2016. United States GDP: GO: Addenda: Private Goods Producing Industries data is updated yearly, averaging 6,903.897 USD bn from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 8,545.411 USD bn in 2014 and a record low of 5,041.816 USD bn in 1997. United States GDP: GO: Addenda: Private Goods Producing Industries 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.A091: NIPA 2018: GDP by Industry: Gross Output: Current Price: Annual.
This table contains 52 series, with data for years 1947 - 2009 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: United States ...) Components (15 items: Total gross national product; Total gross domestic product; Gross domestic product; business; Gross domestic product; business; non-farm ...) Prices (4 items: Current prices; 1992 constant prices; Chained (2000) dollars; Chained (1996) dollars ...).
In 2023, around 678.2 billion 2017 U.S. dollars was added to the GDP of Georgia across all industries. In that year, the finance, insurance, and real estate industry was the most valuable, contributing 142.75 billion U.S. dollars. The utilities industry added a further 11.42 billion chained 2017 U.S. dollars of value to the state GDP.
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United States - Contributions to Percent Change in Real GDP by Industry: Educational Services, Health Care, and Social Assistance was 0.40000 Percentage Points in July of 2024, according to the United States Federal Reserve. Historically, United States - Contributions to Percent Change in Real GDP by Industry: Educational Services, Health Care, and Social Assistance reached a record high of 5.25000 in July of 2020 and a record low of -4.49000 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Contributions to Percent Change in Real GDP by Industry: Educational Services, Health Care, and Social Assistance - last updated from the United States Federal Reserve on March of 2025.
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United States GDP: II: PI: IF: Publishing Industries: Incl Software data was reported at 190.284 USD bn in 2023. This records a decrease from the previous number of 195.685 USD bn for 2022. United States GDP: II: PI: IF: Publishing Industries: Incl Software data is updated yearly, averaging 126.396 USD bn from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 195.685 USD bn in 2022 and a record low of 95.193 USD bn in 1997. United States GDP: II: PI: IF: Publishing Industries: Incl Software 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.A055: NIPA 2023: GDP by Industry: Intermediate Inputs: Current Price: Annual.
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United States US: GDP: Growth: Gross Value Added: Industry data was reported at 0.122 % in 2016. This records a decrease from the previous number of 1.917 % for 2015. United States US: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 2.074 % from Dec 1998 (Median) to 2016, with 19 observations. The data reached an all-time high of 5.448 % in 1999 and a record low of -6.184 % in 2009. United States US: GDP: Growth: Gross Value Added: Industry 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: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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United States Gross Domestic Product (GDP): Gross Output (GO): 2017p data was reported at 39,391.167 USD bn in 2023. This records an increase from the previous number of 38,494.353 USD bn for 2022. United States Gross Domestic Product (GDP): Gross Output (GO): 2017p data is updated yearly, averaging 29,965.558 USD bn from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 39,391.167 USD bn in 2023 and a record low of 22,692.093 USD bn in 1997. United States Gross Domestic Product (GDP): Gross Output (GO): 2017p 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.A049: NIPA 2023: GDP by Industry: Gross Output: Chain Linked 2017 Price: Annual.
In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20.7 percent. The construction industry contributed around four percent of GDP in the same year.