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.

In the first quarter of 2024, the GDP of the United States was three percent higher compared to the first quarter of 2023. The gross domestic product refers to the market value of all final goods and services produced in a country within a given period. The GDP of the United States amounted to 25.46 trillion U.S. dollars in 2022. The annual GDP of the United States can be found here, the growth per quarter can be found here and the chained quarterly GDP growth can be found here.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q3 2024 about GDP and USA.

This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.

The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States (USAGDPRQPSMEI) from Q1 1948 to Q4 2024 about real, GDP, rate, and USA.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median (GDPC1MDLR) from 2015-06-17 to 2025-03-19 about projection, median, real, GDP, rate, and USA.

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 4.6 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2023, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 27.5 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 823 billion U.S. dollars in 2023.

United States US: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 0.968 % in 2016. This records a decrease from the previous number of 1.332 % for 2015. United States US: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 1.566 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 4.928 % in 1985 and a record low of -2.654 % in 2011. United States US: GDP: Growth: Final Consumption Expenditure: General Government 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 percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

United States GDP Growth Tracker: Yo2Y data was reported at 5.414 % in 23 Apr 2023. This records a decrease from the previous number of 5.752 % for 16 Apr 2023. United States GDP Growth Tracker: Yo2Y data is updated weekly, averaging 4.092 % from May 2020 (Median) to 23 Apr 2023, with 155 observations. The data reached an all-time high of 23.838 % in 03 Apr 2022 and a record low of -8.163 % in 24 May 2020. United States GDP Growth Tracker: Yo2Y data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.WT: GDP Growth Tracker: Weekly.

Graph and download economic data for Contributions to percent change in real gross domestic product: Exports of goods and services (A020RY2Q224SBEA) from Q2 1947 to Q4 2024 about contributions, exports, percent, goods, services, real, GDP, and USA.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for United States (USAGDPNQDSMEI) from Q1 1960 to Q3 2023 about GDP and USA.

Government spending in the United States was last recorded at 34.4 percent of GDP in 2023 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q4 2024 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

United States US: GDP: saar: Net Current Transfers from Abroad data was reported at -173.200 USD bn in 2016. This records a decrease from the previous number of -161.150 USD bn for 2015. United States US: GDP: saar: Net Current Transfers from Abroad data is updated yearly, averaging -17.050 USD bn from Dec 1948 (Median) to 2016, with 69 observations. The data reached an all-time high of 4.900 USD bn in 1991 and a record low of -173.200 USD bn in 2016. United States US: GDP: saar: Net Current Transfers from Abroad data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Utah (UTRGSP) from 1997 to 2023 about UT, GSP, real, industry, GDP, and USA.

United States - Real Gross Domestic Product was 5.70000 % Chg. from Preceding Period in January of 2021, according to the United States Federal Reserve. Historically, United States - Real Gross Domestic Product reached a record high of 18.90000 in January of 1942 and a record low of -12.90000 in January of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Real Gross Domestic Product - last updated from the United States Federal Reserve on March of 2025.

In 2023, the United States had a real gross domestic product of about 22 trillion U.S. dollars (2017 chained). See the U.S. GDP for further information. Real Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices.

Real GDP in the U.S.

The real GDP of the U.S. has increased from 9.37 trillion U.S. dollars (2012 chained) in 1990 to 22 trillion U.S. dollars in 2023. Like many of the worlds major economies, the United States has experienced a steady growth in GDP over the last few years. The Indian economy was expected to experienced growth of 9.4 percent between 2020 and 2021, while China’s GDP was expected to grow 8.1 percent in the same period. One of the defining qualities of the United States’ economy is its diversity and advanced technological advancements. Industries such as finance, real estate, health care, and business and education services are large contributors to the economy, while the manufacturing sector accounts for about 11 percent of the country’s wealth.

The GDP generated by each state can also vary widely based on principal industries and production. In 2021, California had the highest state GDP in the United States, reaching 3.35 trillion U.S. dollars; comparatively, Vermont generated a GDP of 36.17 billion U.S. dollars in that year.

Graph and download economic data for Gross Domestic Product: Real Estate (531) in the United States (USREALNGSP) from 1997 to 2023 about leases, finance, insurance, rent, real estate, GSP, private industries, private, industry, GDP, and USA.

United States - Real Gross Domestic Product was 7.00000 % Chg. from Preceding Period in October of 2021, according to the United States Federal Reserve. Historically, United States - Real Gross Domestic Product reached a record high of 33.80000 in July of 2020 and a record low of -31.20000 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Real Gross Domestic Product - last updated from the United States Federal Reserve on March of 2025.