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.

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.

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.

In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

Graph and download economic data for Value Added by Industry: Manufacturing as a Percentage of GDP (VAPGDPMA) from Q1 2005 to Q2 2025 about value added, private industries, percent, private, manufacturing, industry, GDP, and USA.

The USA: Percent of world GDP: The latest value from 2023 is 26.3 percent, an increase from 25.73 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for the USA from 1980 to 2023 is 26.89 percent. The minimum value, 21.2 percent, was reached in 2011 while the maximum of 35.32 percent was recorded in 1985.

United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 11.601 % in 2016. This records a decrease from the previous number of 11.919 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 12.807 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 16.022 % in 1997 and a record low of 11.601 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

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.

Graph and download economic data for Real Value Added by Gross Domestic Product (RVAAI) from Q1 2005 to Q2 2025 about value added, real, GDP, and USA.

The USA: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 29184.89 billion U.S. dollars, an increase from 27720.71 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for the USA from 1960 to 2024 is 8865.89 billion U.S. dollars. The minimum value, 542.39 billion U.S. dollars, was reached in 1960 while the maximum of 29184.89 billion U.S. dollars was recorded in 2024.

Graph and download economic data for Real Gross Value Added: Gross Domestic Product: General Government (A765RL1Q225SBEA) from Q2 1947 to Q2 2025 about value added, gross, government, real, GDP, rate, and USA.

United States Gross Value Added (GVA): saar data was reported at 19,931.717 USD bn in Mar 2018. This records an increase from the previous number of 19,699.332 USD bn for Dec 2017. United States Gross Value Added (GVA): saar data is updated quarterly, averaging 5,305.278 USD bn from Mar 1959 (Median) to Mar 2018, with 237 observations. The data reached an all-time high of 19,931.717 USD bn in Mar 2018 and a record low of 517.130 USD bn in Mar 1959. United States Gross Value Added (GVA): saar data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB074: Integrated Macroeconomic Accounts: Total Economy and Sectors: Selected Aggregates.

Consumption as percent of GDP in the USA, June, 2025 The most recent value is 68.2 percent as of Q2 2025, a decline compared to the previous value of 68.42 percent. Historically, the average for the USA from Q1 1960 to Q2 2025 is 64.16 percent. The minimum of 58.52 percent was recorded in Q1 1967, while the maximum of 69.06 percent was reached in Q1 2011. | TheGlobalEconomy.com

The USA: Value added in the services sector as percent of GDP: The latest value from 2024 is 79.68 percent, an increase from 79.14 percent in 2023. In comparison, the world average is 55.77 percent, based on data from 151 countries. Historically, the average for the USA from 1997 to 2024 is 76.93 percent. The minimum value, 72.86 percent, was reached in 1997 while the maximum of 80.01 percent was recorded in 2020.

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.

United States US: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 1,913.786 USD bn in 2016. This records an increase from the previous number of 1,903.491 USD bn for 2015. United States US: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 1,786.379 USD bn from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 1,913.868 USD bn in 2007 and a record low of 1,352.050 USD bn in 1997. United States US: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing 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: Real. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 3. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.

The Gross Domestic Product (GDP) in Russia was worth 2173.84 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Russia represents 2.05 percent of the world economy. This dataset provides the latest reported value for - Russia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Sweden was worth 610.12 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Sweden represents 0.57 percent of the world economy. This dataset provides the latest reported value for - Sweden GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This dataset presents statistics for Wholesale Trade: Inventories by Valuation Method for the U.S.