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.

In 2024 the real gross domestic product (GDP) of the United States increased by 2.8 percent compared to 2023.
What does GDP growth mean? Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022. Countries with highest GDP growth rate Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

GDP from Transport in the United States increased to 744 USD Billion in the second quarter of 2025 from 735.30 USD Billion in the first quarter of 2025. This dataset provides - United States Gdp From Transportation and Warehousing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Manufacturing in the United States increased to 2405 USD Billion in the second quarter of 2025 from 2337.70 USD Billion in the first quarter of 2025. This dataset provides - United States Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Public Administration in the United States decreased to 2603.20 USD Billion in the second quarter of 2025 from 2624.30 USD Billion in the first quarter of 2025. This dataset provides - United States Gdp From Government- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic presents data regarding the digital economy as percentage of the total economy (GDP) in the United States from 2005 to 2018. During the most recently measured period, the digital economy accounted for nine percent of current-dollar value added to the overall U.S. economy. In 2018, the GDP of the United States amounted to 20.58 trillion U.S. dollars with a digital economy value added of 1.85 trillion U.S. dollars.

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

In 2022, the digital economy added 2.57 trillion U.S. dollars in value to the overall U.S. economy, up from nearly 2.4 trillion U.S. dollars in the previous year. In 2022, the GDP of the United States amounted to 25.46 trillion U.S. dollars.

GDP from Services in the United States increased to 17305.60 USD Billion in the second quarter of 2025 from 17156 USD Billion in the first quarter of 2025. This dataset provides - United States Gdp From Private Services Producing Industries- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States GDP by State per Capita: 2005p: Louisiana data was reported at 43,145.000 USD in 2012. This records an increase from the previous number of 42,764.000 USD for 2011. United States GDP by State per Capita: 2005p: Louisiana data is updated yearly, averaging 41,652.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 44,723.000 USD in 2006 and a record low of 37,439.000 USD in 1997. United States GDP by State per Capita: 2005p: Louisiana 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.A174: NIPA 2009: Gross Domestic Product by State: Per Capita.

Graph and download economic data for Value Added by Industry: Private Services-Producing Industries as a Percentage of GDP (VAPGDPSPI) from Q1 2005 to Q2 2025 about value added, percent, services, private, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Manufacturing (31-33) in the United States (USMANNQGSP) from Q1 2005 to Q2 2025 about GSP, private industries, private, manufacturing, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Construction (23) in the United States (USCONSTRQGSP) from Q1 2005 to Q2 2025 about GSP, private industries, construction, private, real, industry, GDP, and USA.

U.S. GDP - Transportation and Warehousing - Historical chart and current data through 2025.

GDP from Mining in the United States increased to 365.70 USD Billion in the second quarter of 2025 from 343.20 USD Billion in the first quarter of 2025. This dataset provides - United States Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Gross Domestic Product: Utilities (22) in the United States (USUTILNQGSP) from Q1 2005 to Q2 2025 about utilities, GSP, private industries, private, industry, GDP, and USA.

This dataset provides both quarterly and annual estimates of the value of the goods and services produced in Iowa as provided by the U.S. Department of Commerce, Bureau of Economic Analysis in tables SAGDP2N, SAGDP9N, SAGDP10N, SQGDP2, and SQGDP9. Annual data is available beginning in 1997, and quarterly beginning 2005. The data include breakdowns of industries' contributions. Quarterly estimates are presented as an annual rate.

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.

The annual per capita real GDP is also provided and is measured in chained dollars. In calculating the per capita real GDP, the real GDP is divided by the Census Bureau’s annual midyear (July 1) population estimates for the year.

United States GNP: 2005p: saar: Consumption of Fixed Capital: Government data was reported at 305.100 USD bn in Mar 2013. This records an increase from the previous number of 303.500 USD bn for Dec 2012. United States GNP: 2005p: saar: Consumption of Fixed Capital: Government data is updated quarterly, averaging 108.400 USD bn from Mar 1947 (Median) to Mar 2013, with 265 observations. The data reached an all-time high of 305.100 USD bn in Mar 2013 and a record low of 48.700 USD bn in Mar 1951. United States GNP: 2005p: saar: Consumption of Fixed Capital: Government 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.A109: NIPA 2009: GDP by Expenditure: Seasonally Adjusted at Annual Rates: 2005 Price: Chain Linked.

Graph and download economic data for Gross Domestic Product: All Industry Total in California (CANQGSP) from Q1 2005 to Q2 2025 about GSP, CA, industry, GDP, and USA.