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

In 2024, 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 6.2 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.

GDP (current US$) in United States was reported at 29184890000000 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

The USA: Carbon intensity: The latest value from 2023 is 0.19 kg of CO2 per dollar of GDP, a decline from 0.2 kg of CO2 per dollar of GDP in 2022. In comparison, the world average is 0.19 kg of CO2 per dollar of GDP, based on data from 179 countries. Historically, the average for the USA from 1990 to 2023 is 0.32 kg of CO2 per dollar of GDP. The minimum value, 0.19 kg of CO2 per dollar of GDP, was reached in 2023 while the maximum of 0.45 kg of CO2 per dollar of GDP was recorded in 1990.

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.

The United States gross domestic product (GDP) was forecast to reach over 30.1 trillion U.S. dollars in 2025. Furthermore, by 2035, it is expected to surpass 43.9 trillion U.S. dollars. GDP refers to the market value of all final goods and services produced within a country in a given period.

Historical dataset showing North America gdp growth rate by year from 1961 to 2023.

United States GDP: II: PI: FR: RL: RE: Housing data was reported at 292.562 USD bn in 2024. This records an increase from the previous number of 286.468 USD bn for 2023. United States GDP: II: PI: FR: RL: RE: Housing data is updated yearly, averaging 160.613 USD bn from Dec 1997 (Median) to 2024, with 28 observations. The data reached an all-time high of 299.706 USD bn in 2021 and a record low of 88.038 USD bn in 1997. United States GDP: II: PI: FR: RL: RE: Housing 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.A061: NIPA 2023: GDP by Industry: Intermediate Inputs: Current Price: Annual.

Key information about US Tax revenue: % of GDP

• United States Tax revenue: % of GDP was reported at 16.5 % in Dec 2024.
• This records an increase from the previous number of 16.1 % for Dec 2023.
• US Tax revenue: % of GDP data is updated yearly, averaging 18.0 % from Dec 1968 to 2024, with 57 observations.
• The data reached an all-time high of 19.5 % in 2000 and a record low of 13.7 % in 2009.
• US Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from monthly Tax Revenue and annual Nominal GDP. Tax Revenue is calculated as the sum of Individual Income Taxes, Corporation Income Taxes, Social Insurance Taxes, Excise Tax, Estate and Gift Taxes and Customs Duties. The Bureau of the Fiscal Service provides Tax Revenue in USD. The Bureau of Economic Analysis provides Nominal GDP in USD.

In 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, Los Angeles is the second-largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP in the United States is available here. Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 U.S. dollars annually. Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.

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.

The real gross domestic product of the United States grew to 68,522 chained U.S. dollars in 2024. This reflects a slight increase from the previous year when the real per capita GDP was 66,755 chained U.S. dollars. For the recorded period, the lowest real per capita real GDP was in 1991, at 39,618 chained U.S. dollars.

Actual value and historical data chart for United States GDP Current Lcu

Graph and download economic data for Shares of gross domestic product: Imports of goods and services (B021RE1A156NBEA) from 1929 to 2024 about Shares of GDP, imports, goods, services, GDP, and USA.

Historical dataset showing U.S. debt to gdp ratio by year from 1989 to 2023.

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.

- Full-time workers, aged 15 years and older: In Economy, among full-time, year-round workers aged 15 years and older, males earned a median income of $41,250, while females earned $48,750

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

Graph and download economic data for Gross Domestic Product: All Industries in Columbia County, NY (GDPALL36021) from 2001 to 2023 about Columbia County, NY; NY; industry; GDP; and USA.

United States Fed Govt Outlays: Mandatory & Net Interest (MI): as % of GDP data was reported at 16.400 % in 2023. This records a decrease from the previous number of 18.200 % for 2022. United States Fed Govt Outlays: Mandatory & Net Interest (MI): as % of GDP data is updated yearly, averaging 11.950 % from Sep 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 23.100 % in 2020 and a record low of 5.700 % in 1966. United States Fed Govt Outlays: Mandatory & Net Interest (MI): as % of GDP data remains active status in CEIC and is reported by Office of Management and Budget. The data is categorized under Global Database’s United States – Table US.F006: Federal Government Receipts and Outlays: Annual.

Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q2 2025 about implicit price deflator, headline figure, inflation, GDP, and USA.

United States GDP: 2017p: YoY%: Import data was reported at 12.700 % in Mar 2025. This records an increase from the previous number of 5.700 % for Dec 2024. United States GDP: 2017p: YoY%: Import data is updated quarterly, averaging 3.800 % from Mar 2003 (Median) to Mar 2025, with 89 observations. The data reached an all-time high of 31.200 % in Jun 2021 and a record low of -22.700 % in Jun 2020. United States GDP: 2017p: YoY%: Import 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.A009: NIPA 2023: GDP by Expenditure: Chain Linked 2017 Price: YoY.