The Gross Domestic Product (GDP) in the United States expanded 2 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Covid-19 pandemic saw growth fall by 2.2 percent, compared with an increase of 2.5 percent the year before. The last time the real GDP growth rates fell by a similar level was during the Great Recession in 2009, and the only other time since the Second World War where real GDP fell by more than one percent was in the early 1980s recession. The given records began following the Wall Street Crash in 1929, and GDP growth fluctuated greatly between the Great Depression and the 1950s, before growth became more consistent.

The Gross Domestic Product (GDP) in Japan stagnated 0 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - 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.

Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q2 2025 about per capita, real, GDP, and USA.

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2024, with projections up until 2030. The gross domestic product of the United States in 2024 amounted to around 29.18 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.

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

As shown in this statistic, the gross domestic product (GDP) in current prices in Puerto Rico is approximately 122.52 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A comparison to the earliest shown observation from 1980 reveals a total increase by approximately 108.08 billion U.S. dollars. The trajectory from 1980 to 2025 shows however that this increase did not happen continuously.Continuous rise between 2025 and 2030The GDP will be around 137.98 billion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 15.46 billion U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

As shown in this statistic, the gross domestic product (GDP) in current prices in Costa Rica amounts to approximately 102.59 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 97.74 billion U.S. dollars. Looking at the trajectory between 1980 and 2025, one can observe that this increase however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the GDP will lie at about 137.04 billion U.S. dollars, according to forecasts. From 2025 onwards, there is an overall increase by approximately 34.45 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

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

The gross domestic product (GDP) in current prices in Norway is approximately 504.28 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 439.84 billion U.S. dollars. From the pattern between 1980 and 2025 it becomes clear that this increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will be around 591.97 billion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 87.69 billion U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The gross domestic product (GDP) in current prices in Colombia is approximately 427.77 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A total increase by approximately 381.27 billion U.S. dollars can be observed between 1980 and 2025. The data emphasizes however that this increase did not happen continuously.Continuous rise between 2025 and 2030The GDP will amount to close to 534.35 billion U.S. dollars in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately 106.58 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Depicted is the gross domestic product (GDP) in current prices in Guatemala which lies at approximately 121.18 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A total increase by approximately 113.46 billion U.S. dollars can be seen between 1980 and 2025. This increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will be about 177.94 billion U.S. dollars in 2030, according to forecasts. From 2025 onwards, there is an overall increase by approximately 56.76 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The here depicted gross domestic product (GDP) in current prices in Chile is approximately 343.82 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A comparison to the earliest shown observation from 1980 reveals a total increase by approximately 314.79 billion U.S. dollars. The trajectory from 1980 to 2025 shows however that this increase did not happen continuously.Continuous rise between 2025 and 2030The GDP will stand at about 422.79 billion U.S. dollars in 2030, according to forecasts. From 2025 onwards, there is an overall increase by approximately 78.97 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023 the real gross domestic product (GDP) of the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.

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.

The here depicted gross domestic product (GDP) in current prices in the Dominican Republic lies at approximately 127.83 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 119.16 billion U.S. dollars. From the pattern between 1980 and 2025 it becomes clear that this increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will amount to about 178.50 billion U.S. dollars in 2030, according to forecasts. From 2025 onwards, there is an overall increase by approximately 50.67 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The here depicted gross domestic product (GDP) in current prices in Ireland stands at approximately 598.84 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 577.41 billion U.S. dollars. From the pattern between 1980 and 2025 it becomes clear that this increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will lie at around 734.18 billion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 135.34 billion U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

This statistic shows the gross domestic product (GDP) in current prices in Uruguay which amounts to approximately 79.73 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A total increase by approximately 67.51 billion U.S. dollars can be seen between 1980 and 2025. This increase however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the GDP will stand at about 106.34 billion U.S. dollars, according to forecasts. From 2025 onwards, there is an overall increase by approximately 26.61 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.