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United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services 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: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial 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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<ul style='margin-top:20px;'>
<li>U.S. GDP for 2022 was <strong>26.007 trillion US dollars</strong>, a <strong>9.82% increase</strong> from 2021.</li>
<li>U.S. GDP for 2021 was <strong>23.681 trillion US dollars</strong>, a <strong>10.9% increase</strong> from 2020.</li>
<li>U.S. GDP for 2020 was <strong>21.354 trillion US dollars</strong>, a <strong>0.86% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
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.
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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.
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.
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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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Available through DataArts, the Arts Vibrancy Index (AVI) contains data and findings of the role that arts and culture play in a city's livability and social cohesion. The National Center for Arts Research (NCAR) studies such connections between arts and cultural organizations and their communities. They combine data from nonprofit arts and cultural organizations with data for the communities in which they reside. In linking the data courses, NCAR identifies factors that affect the health and sustainability of arts organizations. NCAR realizes that each of the factors from the ecosystem included in the Arts Vibrancy Index report has an influence on a variety of financial, operating, and attendance outcomes for arts and cultural organizations. The findings are shared regarding the operating and community characteristics that drive performance - and how they affect performance - in the NCAR reports. The data that NCAR integrates for AVI report typically come from numerous sources. Organizational data that forms the basis of the Arts Dollar measures are from the Internal Revenue Service, DataArts' Cultural Data Profile, and Theatre Communications Group. Community data that forms the basis of the Arts Provider measures are from the Internal Revenue Service and the Census Bureau, which is reported by county, zip code, and census tract. State funding data is from the National Assembly of State Arts Agencies and Federal funding data is from the National Endowment for the Arts and the Institute of Museum and Library Services. The AVI reports are used by arts leaders, businesses, government agencies, funders, and engaged citizens to better understand the overall intensity and capacity of the community's arts and culture sector. Communities use the AVI and related data to benchmark themselves against an aspirational set of communities and understand what sets them apart by examining the underlying dimensions of demand, supply, and public support for arts and culture.
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Unemployment Rate in the United States remained unchanged at 4.20 percent in May. 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.
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Graph and download economic data for Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for United States (ULQELP01USQ661S) from Q1 1960 to Q3 2023 about productivity, production, and USA.
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United States US: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 188.238 USD bn in 2015. United States US: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 188.238 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 188.238 USD bn in 2015 and a record low of 188.238 USD bn in 2015. United States US: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing 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: Real. Agriculture, forestry, and fishing corresponds to ISIC divisions 01-03 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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 4. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
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Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q1 2025 about implicit price deflator, headline figure, inflation, GDP, and USA.
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United States Maryland: Debt Outstanding data was reported at 51,070,274.000 USD th in 2015. This records an increase from the previous number of 49,971,623.000 USD th for 2014. United States Maryland: Debt Outstanding data is updated yearly, averaging 12,306,564.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 51,070,274.000 USD th in 2015 and a record low of 1,446,617.000 USD th in 1957. United States Maryland: Debt Outstanding data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F008: Debt Outstanding: State and Local Government: By State.
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United States Washington: Gen Exp: Hospital data was reported at 5,221,061.000 USD th in 2015. This records an increase from the previous number of 4,770,483.000 USD th for 2014. United States Washington: Gen Exp: Hospital data is updated yearly, averaging 1,215,803.000 USD th from Jun 1977 (Median) to 2015, with 37 observations. The data reached an all-time high of 5,221,061.000 USD th in 2015 and a record low of 188,701.000 USD th in 1978. United States Washington: Gen Exp: Hospital data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F056: Revenue & Expenditure: State and Local Government: Washington.
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United States South Dakota: Gen Exp: Public Welfare data was reported at 1,049,764.000 USD th in 2015. This records an increase from the previous number of 993,541.000 USD th for 2014. United States South Dakota: Gen Exp: Public Welfare data is updated yearly, averaging 133,080.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 1,049,764.000 USD th in 2015 and a record low of 11,295.000 USD th in 1957. United States South Dakota: Gen Exp: Public Welfare data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F050: Revenue & Expenditure: State and Local Government: South Dakota.
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United States Rhode Island: Gen Exp: Public Welfare data was reported at 2,613,174.000 USD th in 2015. This records an increase from the previous number of 2,474,947.000 USD th for 2014. United States Rhode Island: Gen Exp: Public Welfare data is updated yearly, averaging 423,011.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 2,613,174.000 USD th in 2015 and a record low of 18,663.000 USD th in 1957. United States Rhode Island: Gen Exp: Public Welfare data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F048: Revenue & Expenditure: State and Local Government: Rhode Island.
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United States Rhode Island: Gen Exp: Education data was reported at 3,275,000.000 USD th in 2015. This records an increase from the previous number of 3,229,965.000 USD th for 2014. United States Rhode Island: Gen Exp: Education data is updated yearly, averaging 763,152.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 3,275,000.000 USD th in 2015 and a record low of 52,051.000 USD th in 1957. United States Rhode Island: Gen Exp: Education data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F048: Revenue & Expenditure: State and Local Government: Rhode Island.
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United States Rhode Island: Gen Exp: Natural Resources data was reported at 74,498.000 USD th in 2015. This records an increase from the previous number of 63,215.000 USD th for 2014. United States Rhode Island: Gen Exp: Natural Resources data is updated yearly, averaging 28,136.000 USD th from Jun 1977 (Median) to 2015, with 37 observations. The data reached an all-time high of 74,498.000 USD th in 2015 and a record low of 7,644.000 USD th in 1977. United States Rhode Island: Gen Exp: Natural Resources data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F048: Revenue & Expenditure: State and Local Government: Rhode Island.
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United States Washington: Gen Exp: Natural Resources data was reported at 1,340,421.000 USD th in 2015. This records an increase from the previous number of 1,244,263.000 USD th for 2014. United States Washington: Gen Exp: Natural Resources data is updated yearly, averaging 565,161.000 USD th from Jun 1977 (Median) to 2015, with 37 observations. The data reached an all-time high of 1,340,421.000 USD th in 2015 and a record low of 142,697.000 USD th in 1977. United States Washington: Gen Exp: Natural Resources data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F056: Revenue & Expenditure: State and Local Government: Washington.
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United States New York: Expenditure: Intergovernmental data was reported at 0.000 USD th in 2015. This stayed constant from the previous number of 0.000 USD th for 2014. United States New York: Expenditure: Intergovernmental data is updated yearly, averaging 229,447.000 USD th from Mar 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 954,602.000 USD th in 1997 and a record low of 0.000 USD th in 2015. United States New York: Expenditure: Intergovernmental data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F041: Revenue & Expenditure: State and Local Government: New York.
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United States Kansas: Gen Exp: Fire Protection data was reported at 324,696.000 USD th in 2015. This records an increase from the previous number of 311,550.000 USD th for 2014. United States Kansas: Gen Exp: Fire Protection data is updated yearly, averaging 73,455.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 324,696.000 USD th in 2015 and a record low of 6,579.000 USD th in 1957. United States Kansas: Gen Exp: Fire Protection data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F025: Revenue & Expenditure: State and Local Government: Kansas.
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United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services 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: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial 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.