The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical chart and dataset showing U.S. GDP by year from 1960 to 2023.

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

In 2023, the real gross domestic product (GDP) of California was 3.23 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.23 trillion U.S. dollars.

As of 2019, Argentina was the country that spent the most time in economic recession in the Americas since 1950. Up to one third of the time since 1950, the Argentine economy was in contraction. In Venezuela, the percentage of time in recession amounted to 28 percent in the same period, whereas in the U.S. it represented around ten percent.

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The United States is the 2 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. This dataset provides the latest reported value for - United States Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States WE: Age 16 & Over: No. of Workers: Black or African American (BA) data was reported at 14,902.000 Person th in Mar 2020. This records a decrease from the previous number of 15,463.000 Person th for Dec 2019. United States WE: Age 16 & Over: No. of Workers: Black or African American (BA) data is updated quarterly, averaging 12,501.000 Person th from Mar 2000 (Median) to Mar 2020, with 81 observations. The data reached an all-time high of 15,843.000 Person th in Sep 2019 and a record low of 11,375.000 Person th in Mar 2010. United States WE: Age 16 & Over: No. of Workers: Black or African American (BA) data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G030: Current Population Survey: Usual Weekly Earnings.

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.

United States USB: Net Income Due to Bank data was reported at 1,543,087.000 USD th in Dec 2019. This records a decrease from the previous number of 1,911,991.000 USD th for Sep 2019. United States USB: Net Income Due to Bank data is updated quarterly, averaging 1,110,672.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 1,911,991.000 USD th in Sep 2019 and a record low of 51,082.000 USD th in Sep 2001. United States USB: Net Income Due to Bank data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB058: Financial Data: Federal Deposit Insurance Corporation: US Bank National.

Graph and download economic data for Gross Domestic Product: All Industry Total in Kentucky (KYNGSP) from 1997 to 2024 about GSP, KY, industry, GDP, and USA.

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Economy. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Economy, the median income for all workers aged 15 years and older, regardless of work hours, was $40,197 for males and $22,500 for females.

These income figures highlight a substantial gender-based income gap in Economy. Women, regardless of work hours, earn 56 cents for each dollar earned by men. This significant gender pay gap, approximately 44%, underscores concerning gender-based income inequality in the town of Economy.

Surprisingly, within the subset of full-time workers, women earn a higher income than men, earning 1.18 dollars for every dollar earned by men. This suggests that within full-time roles, womens median incomes significantly surpass mens, contrary to broader workforce trends.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Economy median household income by race. You can refer the same here

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

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.

United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High was 4.70000 Fourth Qtr., % in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High reached a record high of 6.90000 in January of 2020 and a record low of 3.60000 in January of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High - last updated from the United States Federal Reserve on July of 2025.

United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Low was 3.50000 Fourth Qtr., % in March of 2025, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Low reached a record high of 5.20000 in September of 2013 and a record low of 3.50000 in December of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Low - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSDFYGDP) from 1930 to 2023 about budget, federal, percent, GDP, and USA.

United States USB: LC: TL: DE: Held in Domestic Office data was reported at 346,975,331.000 USD th in Dec 2019. This records a decrease from the previous number of 350,821,446.000 USD th for Sep 2019. United States USB: LC: TL: DE: Held in Domestic Office data is updated quarterly, averaging 172,168,794.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 350,821,446.000 USD th in Sep 2019 and a record low of 48,738,815.000 USD th in Mar 2001. United States USB: LC: TL: DE: Held in Domestic Office data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB058: Financial Data: Federal Deposit Insurance Corporation: US Bank National.

The benchmark interest rate in the United States was last recorded at 4.50 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States US: Deposit Takers: Earnings and Profitability: Return on Assets: Total Assets data was reported at 24,974.637 USD bn in Sep 2024. This records an increase from the previous number of 24,862.308 USD bn for Jun 2024. United States US: Deposit Takers: Earnings and Profitability: Return on Assets: Total Assets data is updated quarterly, averaging 16,476.685 USD bn from Mar 2009 (Median) to Sep 2024, with 63 observations. The data reached an all-time high of 24,974.637 USD bn in Sep 2024 and a record low of 13,100.795 USD bn in Jun 2010. United States US: Deposit Takers: Earnings and Profitability: Return on Assets: Total Assets 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.FSI: 2019 Methodology: Financial Soundness Indicators: Quarterly.