100+ datasets found
  1. Gross domestic product (GDP) of the United States 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
    + more versions
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    Statista (2025). Gross domestic product (GDP) of the United States 2030 [Dataset]. https://www.statista.com/statistics/263591/gross-domestic-product-gdp-of-the-united-states/
    Explore at:
    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  2. Countries with the largest gross domestic product (GDP) 2025

    • statista.com
    • ai-chatbox.pro
    Updated May 28, 2025
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    Statista (2025). Countries with the largest gross domestic product (GDP) 2025 [Dataset]. https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/
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    Dataset updated
    May 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Worldwide
    Description

    In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

  3. T

    United States GDP

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States GDP [Dataset]. https://tradingeconomics.com/united-states/gdp
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    xml, excel, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United States
    Description

    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.

  4. M

    Data from: U.S. GDP

    • macrotrends.net
    csv
    Updated Jun 30, 2025
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    MACROTRENDS (2025). U.S. GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/usa/united-states/gdp-gross-domestic-product
    Explore at:
    csvAvailable download formats
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1960 - Dec 31, 2023
    Area covered
    United States
    Description

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

  5. U.S. annual GDP 1990-2024

    • ai-chatbox.pro
    • statista.com
    Updated May 13, 2025
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    Abigail Tierney (2025). U.S. annual GDP 1990-2024 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F8913%2Fprimary-sector-of-the-us%2F%23XgboDwS6a1rKoGJjSPEePEUG%2FVFd%2Bik%3D
    Explore at:
    Dataset updated
    May 13, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Abigail Tierney
    Area covered
    United States
    Description

    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.

  6. F

    Gross Domestic Product

    • fred.stlouisfed.org
    • trends.sourcemedium.com
    json
    Updated May 29, 2025
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    (2025). Gross Domestic Product [Dataset]. https://fred.stlouisfed.org/series/GDP
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    jsonAvailable download formats
    Dataset updated
    May 29, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

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

  7. M

    World GDP

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). World GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/wld/world/gdp-gross-domestic-product
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    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    world, World
    Description
    World GDP for 2023 was 100.000 trillion US dollars, a 0% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>World GDP for 2022 was <strong>100.000 trillion US dollars</strong>, a <strong>2.2% increase</strong> from 2021.</li>
    <li>World GDP for 2021 was <strong>97.848 trillion US dollars</strong>, a <strong>14.09% increase</strong> from 2020.</li>
    <li>World GDP for 2020 was <strong>85.763 trillion US dollars</strong>, a <strong>2.71% decline</strong> from 2019.</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.
    
  8. F

    Nominal Gross Domestic Product for United States

    • fred.stlouisfed.org
    json
    Updated Jun 16, 2025
    + more versions
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    (2025). Nominal Gross Domestic Product for United States [Dataset]. https://fred.stlouisfed.org/series/NGDPSAXDCUSQ
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    United States
    Description

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

  9. U.S. chained real GDP 1990-2023

    • statista.com
    • ai-chatbox.pro
    Updated Jul 5, 2024
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    Statista (2024). U.S. chained real GDP 1990-2023 [Dataset]. https://www.statista.com/statistics/188141/annual-real-gdp-of-the-united-states-since-1990-in-chained-us-dollars/
    Explore at:
    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the United States had a real gross domestic product of about 22 trillion U.S. dollars (2017 chained). See the U.S. GDP for further information. Real Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices.

    Real GDP in the U.S.

    The real GDP of the U.S. has increased from 9.37 trillion U.S. dollars (2012 chained) in 1990 to 22 trillion U.S. dollars in 2023. Like many of the worlds major economies, the United States has experienced a steady growth in GDP over the last few years. The Indian economy was expected to experienced growth of 9.4 percent between 2020 and 2021, while China’s GDP was expected to grow 8.1 percent in the same period. One of the defining qualities of the United States’ economy is its diversity and advanced technological advancements. Industries such as finance, real estate, health care, and business and education services are large contributors to the economy, while the manufacturing sector accounts for about 11 percent of the country’s wealth.

    The GDP generated by each state can also vary widely based on principal industries and production. In 2021, California had the highest state GDP in the United States, reaching 3.35 trillion U.S. dollars; comparatively, Vermont generated a GDP of 36.17 billion U.S. dollars in that year.

  10. Annual GDP and real GDP for the United States 1929-2022

    • statista.com
    Updated Jul 4, 2024
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    Statista (2024). Annual GDP and real GDP for the United States 1929-2022 [Dataset]. https://www.statista.com/statistics/1031678/gdp-and-real-gdp-united-states-1930-2019/
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    Dataset updated
    Jul 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  11. T

    China GDP

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, China GDP [Dataset]. https://tradingeconomics.com/china/gdp
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    China
    Description

    The Gross Domestic Product (GDP) in China was worth 18743.80 billion US dollars in 2024, according to official data from the World Bank. The GDP value of China represents 17.65 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  12. F

    Gross Domestic Product: All Industry Total in Florida

    • fred.stlouisfed.org
    json
    Updated Mar 28, 2025
    + more versions
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    (2025). Gross Domestic Product: All Industry Total in Florida [Dataset]. https://fred.stlouisfed.org/series/FLNGSP
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 28, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    Florida
    Description

    Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNGSP) from 1997 to 2024 about GSP, FL, industry, GDP, and USA.

  13. F

    Gross Domestic Product: All Industry Total in New York

    • fred.stlouisfed.org
    json
    Updated Mar 28, 2025
    + more versions
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    (2025). Gross Domestic Product: All Industry Total in New York [Dataset]. https://fred.stlouisfed.org/series/NYNGSP
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 28, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    New York
    Description

    Graph and download economic data for Gross Domestic Product: All Industry Total in New York (NYNGSP) from 1997 to 2024 about GSP, NY, industry, GDP, and USA.

  14. M

    Mexico GDP

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). Mexico GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/mex/mexico/gdp-gross-domestic-product
    Explore at:
    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Mexico
    Description
    Mexico GDP for 2023 was 1.789 trillion US dollars, a 22.18% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>Mexico GDP for 2022 was <strong>1.464 trillion US dollars</strong>, a <strong>11.22% increase</strong> from 2021.</li>
    <li>Mexico GDP for 2021 was <strong>1.317 trillion US dollars</strong>, a <strong>17.44% increase</strong> from 2020.</li>
    <li>Mexico GDP for 2020 was <strong>1.121 trillion US dollars</strong>, a <strong>14.04% decline</strong> from 2019.</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.
    
  15. T

    Germany GDP

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Germany GDP [Dataset]. https://tradingeconomics.com/germany/gdp
    Explore at:
    excel, xml, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1970 - Dec 31, 2024
    Area covered
    Germany
    Description

    The Gross Domestic Product (GDP) in Germany was worth 4659.93 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Germany represents 4.39 percent of the world economy. This dataset provides the latest reported value for - Germany GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  16. M

    U.K. GDP

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). U.K. GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/gbr/united-kingdom/gdp-gross-domestic-product
    Explore at:
    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    United Kingdom
    Description
    U.K. GDP for 2023 was 3.381 trillion US dollars, a 8.57% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>U.K. GDP for 2022 was <strong>3.114 trillion US dollars</strong>, a <strong>0.93% decline</strong> from 2021.</li>
    <li>U.K. GDP for 2021 was <strong>3.143 trillion US dollars</strong>, a <strong>16.56% increase</strong> from 2020.</li>
    <li>U.K. GDP for 2020 was <strong>2.697 trillion US dollars</strong>, a <strong>5.42% decline</strong> from 2019.</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.
    
  17. United States Government Debt: % of GDP

    • ceicdata.com
    Updated Feb 13, 2025
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    CEICdata.com (2025). United States Government Debt: % of GDP [Dataset]. https://www.ceicdata.com/en/indicator/united-states/government-debt--of-nominal-gdp
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    Dataset updated
    Feb 13, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    United States
    Description

    Key information about United States Government Debt: % of GDP

    • United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
    • US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
    • The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

    CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


    Related information about United States Government Debt: % of GDP

    • In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
    • The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

  18. M

    Russia GDP

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). Russia GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/RUS/south-africa/gdp-gross-domestic-product
    Explore at:
    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Russia
    Description
    Russia GDP for 2023 was 2.021 trillion US dollars, a 10.79% decline from 2022.
    <ul style='margin-top:20px;'>
    
    <li>Russia GDP for 2022 was <strong>2.266 trillion US dollars</strong>, a <strong>22.93% increase</strong> from 2021.</li>
    <li>Russia GDP for 2021 was <strong>1.843 trillion US dollars</strong>, a <strong>23.46% increase</strong> from 2020.</li>
    <li>Russia GDP for 2020 was <strong>1.493 trillion US dollars</strong>, a <strong>11.81% decline</strong> from 2019.</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.
    
  19. F

    Gross Domestic Product: All Industry Total in Texas

    • fred.stlouisfed.org
    json
    Updated Mar 28, 2025
    + more versions
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    (2025). Gross Domestic Product: All Industry Total in Texas [Dataset]. https://fred.stlouisfed.org/series/TXNGSP
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 28, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    Texas
    Description

    Graph and download economic data for Gross Domestic Product: All Industry Total in Texas (TXNGSP) from 1997 to 2024 about GSP, TX, industry, GDP, and USA.

  20. F

    Nominal Potential Gross Domestic Product

    • fred.stlouisfed.org
    json
    Updated Mar 17, 2025
    + more versions
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    (2025). Nominal Potential Gross Domestic Product [Dataset]. https://fred.stlouisfed.org/series/NGDPPOT
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 17, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Nominal Potential Gross Domestic Product (NGDPPOT) from Q1 1949 to Q4 2035 about projection, GDP, and USA.

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Statista (2025). Gross domestic product (GDP) of the United States 2030 [Dataset]. https://www.statista.com/statistics/263591/gross-domestic-product-gdp-of-the-united-states/
Organization logo

Gross domestic product (GDP) of the United States 2030

Explore at:
20 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 21, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

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