The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.

U.S. economic growth for 2018 was $20,891, a 1.13% increase from 2018.

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<li>U.S. economic growth for 2018 was <strong>$20,658</strong>, a <strong>1.21% increase</strong> from 2018.</li>
<li>U.S. economic growth for 2018 was <strong>$20,412</strong>, a <strong>1.85% increase</strong> from 2018.</li>
<li>U.S. economic growth for 2018 was <strong>$20,041</strong>, a <strong>1.05% increase</strong> from 2017.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

Graph and download economic data for FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Low (GDPC1RL) from 2025 to 2027 about projection, real, GDP, rate, and USA.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High (GDPC1CTHLR) from 2009-02-18 to 2025-03-19 about projection, real, GDP, rate, and USA.

Iran gdp growth rate for 2023 was 4.95%, a 1.18% increase from 2022.

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<li>Iran gdp growth rate for 2022 was <strong>3.78%</strong>, a <strong>0.94% decline</strong> from 2021.</li>
<li>Iran gdp growth rate for 2021 was <strong>4.72%</strong>, a <strong>1.39% increase</strong> from 2020.</li>
<li>Iran gdp growth rate for 2020 was <strong>3.33%</strong>, a <strong>6.4% increase</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Across the United States, the United Kingdom, Germany, and the European Union, gross domestic products (GDP) decreased in 2020 as a result of the COVID-19 pandemic. However, by 2021, growth rates were positive in all four areas again. The United Kingdom, Germany, and the European Union all experiencing slow economic growth in 2023 amid high inflation, with Germany even seeing an economic recession. GDP and its components GDP refers to the total market value of all goods and services that are produced within a country per year. It is composed of government spending, consumption, business investments and net exports. It is an important indicator to measure the economic strength of a country. Economists rely on a variety of factors when predicting future performance of the GDP. Inflation rate is one of the economic indicators providing insight into the future behavior of households, which make up a significant proportion of GDP. Projections are based on the past performance of such information. Future considerations Some factors can be more easily predicted than others. For example, projections of the annual inflation rate of the United States are easy to come by. However, the intensity and impact of something like Brexit is difficult to predict. Moreover, the occurrence and impact of events such as the COVID-19 pandemic and Russia's war in Ukraine is difficult to foresee. Hence, actual GDP growth may be higher or lower than the original estimates.

GDP Growth Contribution Investment in the United States increased to 3.60 percentage points in the first quarter of 2025 from -1.03 percentage points in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States GDP Growth Contribution Investment.

In 2023, the GDP of the United States increased by about 2.5 percent compared to the previous year. This comes amid high nflation rates globally, and countries such as Argentina and Germany even experiencing economic decline. 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 to measure the economic strength of a country.

Virgin Islands (U.S.) gdp growth rate for 2021 was 2.85%, a 4.77% increase from 2020.

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<li>Virgin Islands (U.S.) gdp growth rate for 2020 was <strong>-1.92%</strong>, a <strong>4.85% decline</strong> from 2019.</li>
<li>Virgin Islands (U.S.) gdp growth rate for 2019 was <strong>2.93%</strong>, a <strong>1.03% increase</strong> from 2018.</li>
<li>Virgin Islands (U.S.) gdp growth rate for 2018 was <strong>1.90%</strong>, a <strong>2.64% increase</strong> from 2017.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

GDP (current US$) in United States was reported at 27720709000000 USD in 2023, 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 May of 2025.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q1 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Latin America & Caribbean gdp growth rate for 2023 was 2.15%, a 1.83% decline from 2022.

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<li>Latin America & Caribbean gdp growth rate for 2022 was <strong>3.99%</strong>, a <strong>3.01% decline</strong> from 2021.</li>
<li>Latin America & Caribbean gdp growth rate for 2021 was <strong>7.00%</strong>, a <strong>13.65% increase</strong> from 2020.</li>
<li>Latin America & Caribbean gdp growth rate for 2020 was <strong>-6.65%</strong>, a <strong>7.37% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Isle of Man gdp growth rate for 2021 was 3.84%, a 12.67% increase from 2020.

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<li>Isle of Man gdp growth rate for 2020 was <strong>-8.84%</strong>, a <strong>9.09% decline</strong> from 2019.</li>
<li>Isle of Man gdp growth rate for 2019 was <strong>0.25%</strong>, a <strong>1.96% decline</strong> from 2018.</li>
<li>Isle of Man gdp growth rate for 2018 was <strong>2.21%</strong>, a <strong>0.62% decline</strong> from 2017.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Global real gross domestic product (GDP) growth is estimated to remain around three percent until 2025. While the increase is expected to be only 0.8 percent in the Euro Area in 2024, it is estimated to grow by over five percent in emerging and developing Asia.

GDP per capita growth (annual %) in United States was reported at 2.3827 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Central America gdp growth rate for was 0.00%, a 0% increase from .

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<li>Central America gdp growth rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>Central America gdp growth rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>Central America gdp growth rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Graph and download economic data for Contributions to percent change in real gross domestic product: Exports of goods and services (A020RY2Q224SBEA) from Q2 1947 to Q1 2025 about contributions, exports, percent, goods, services, real, GDP, and USA.