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: Finance, Insurance, Real Estate, Rental, and Leasing: Finance and Insurance as a Percentage of GDP (VAPGDPFI) from Q1 2005 to Q1 2025 about value added, financing, leases, finance, insurance, rent, real estate, private industries, percent, private, industry, GDP, and USA.

Graph and download economic data for Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Real Estate and Rental and Leasing as a Percentage of GDP (VAPGDPRL) from Q1 2005 to Q4 2024 about value added, financing, leases, insurance, rent, real estate, private industries, percent, private, industry, GDP, and USA.

United States - Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing as a Percentage of GDP was 21.30% in October of 2024, according to the United States Federal Reserve. Historically, United States - Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing as a Percentage of GDP reached a record high of 22.70 in April of 2020 and a record low of 18.30 in October of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Value Added by Industry: Finance, Insurance, Real Estate, Rental, and Leasing as a Percentage of GDP - last updated from the United States Federal Reserve on July of 2025.

The average for 2021 based on 17 countries was 61.83 percent. The highest value was in Belize: 98.18 percent and the lowest value was in Haiti: 24.17 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.

Graph and download economic data for Contributions to Percent Change in Real GDP by Industry: Finance, Insurance, Real Estate, Rental, and Leasing: Real Estate and Rental and Leasing (CPGDPRL) from Q2 2005 to Q1 2025 about contributions, financing, leases, insurance, rent, real estate, private industries, percent, private, real, industry, GDP, and USA.

In the third quarter of 2024, household debt in the United States amounted to over 71.66 percent of its GDP. It can be generally observed that U.S. households are more indebted by the end of the year than in any other quarter. The debt of households peaked in the last quarter of 2020, reaching the highest value since 2013. Debt to GDP ratio As it can be observed here, the household debt to GDP ratio decreased overall in the recent years. The steady growth of the gross domestic product in the United States could be a factor explaining this tendency. If the volume of debt grows at a slower pace than the GDP, the debt to GDP ratio would decrease. In addition to that, the overall value of mortgage debt in the U.S., which is the most significant component of the household debt, decreased from 2012 to the third quarter of 2014, but it has rebounded since then. Public debt in the U.S. Public debt in the United States, which is the amount of money borrowed by the government to finance budget deficits, has been increasing almost every single year. Not only that, but according to that forecast it is also expected to keep increasing during the coming years. The major holders of American government debt, as of December 2023, were Federal Reserve and government accounts and foreign and international holders. The ratio of national debt to GDP of the United States was higher than that of other major economies, but lower than that of Japan. Some of the lowest debt to GDP ratios were observed in Hong Kong SAR, Kuwait, and Turkmenistan.

Domestic credit provided by financial sector (% of GDP) in North America was reported at 289 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. North America - Domestic credit provided by banking sector (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

United States US: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data was reported at 1.830 % in 2017. This records a decrease from the previous number of 2.655 % for 2016. United States US: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data is updated yearly, averaging 1.007 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 3.404 % in 2000 and a record low of 0.075 % in 1971. United States US: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP 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: Balance of Payments: Capital and Financial Account. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.; ; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Financial system deposits to GDP (%) in United States was reported at 101 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Financial system deposits to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2023, domestic credit provided by the financial sector of Chile and El Salvador represented over *** percent of their gross domestic product (GDP). Meanwhile, financial credits in Nicaragua amounted to ** percent of its GDP that same year. The volume of loans in Chile has remained stable during the last couple of years.

Graph and download economic data for Financial Soundness Indicator, Other Financial Corporations; Financial Assets as a Percent of Gross Domestic Product, Level (BOGZ1FL010000276Q) from Q4 1946 to Q1 2025 about finance companies, companies, finance, financial, percent, assets, GDP, indexes, and USA.

Key information about United States Total Debt: % of GDP

• United States Total Debt accounted for 722.0 % of the country's GDP in 2024, compared with the ratio of 722.0 % in the previous quarter.
• US Total Debt: % of GDP data is updated quarterly, available from Dec 1951 to Sep 2024.
• The data reached an all-time high of 834.9 % in Mar 2021 and a record low of 309.4 % in Jun 1953.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as sum of Liabilities for NonFinancial Business, Federal Government, State and Local Government, Households & Nonprofit Organizations and Financial Business less Mutual Fund Shares. Federal Reserve Board provides Total Debt in local currency. Bureau of Economic Analysis provides Nominal GDP in local currency.

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.

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.

In 2024, Japan had the highest level of total non-financial debt among advanced economies, reaching 394 percent of the country's GDP. Total non-financial debt includes government debt, as well as private and business debt. Debt of the financial sector is not included in the figures.

Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States was 143.00000 Percentage of GDP in October of 2024, according to the United States Federal Reserve. Historically, Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States reached a record high of 172.00000 in July of 2008 and a record low of 47.10000 in October of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Real Gross Domestic Product: Finance and Insurance (52) in the United States (USFININSRQGSP) from Q1 2005 to Q1 2025 about leases, finance, insurance, rent, real estate, GSP, private industries, private, real, industry, GDP, and USA.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by June 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached ***** percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

On October 29, 1929, the U.S. experienced the most devastating stock market crash in it's history. The Wall Street Crash of 1929 set in motion the Great Depression, which lasted for twelve years and affected virtually all industrialized countries. In the United States, GDP fell to it's lowest recorded level of just 57 billion U.S dollars in 1933, before rising again shortly before the Second World War. After the war, GDP fluctuated, but it increased gradually until the Great Recession in 2008. Real GDP Real GDP allows us to compare GDP over time, by adjusting all figures for inflation. In this case, all numbers have been adjusted to the value of the US dollar in FY2012. While GDP rose every year between 1946 and 2008, when this is adjusted for inflation it can see that the real GDP dropped at least once in every decade except the 1960s and 2010s. The Great Recession Apart from the Great Depression, and immediately after WWII, there have been two times where both GDP and real GDP dropped together. The first was during the Great Recession, which lasted from December 2007 until June 2009 in the US, although its impact was felt for years after this. After the collapse of the financial sector in the US, the government famously bailed out some of the country's largest banking and lending institutions. Since recovery began in late 2009, US GDP has grown year-on-year, and reached 21.4 trillion dollars in 2019. The coronavirus pandemic and the associated lockdowns then saw GDP fall again, for the first time in a decade. As economic recovery from the pandemic has been compounded by supply chain issues, inflation, and rising global geopolitical instability, it remains to be seen what the future holds for the U.S. economy.