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.

The Gross Domestic Product (GDP) in the United States contracted 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

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, 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.

This layer is a component of ENOW_Counties.

This map service presents spatial information about the Economics: National Ocean Watch (ENOW) data in the Web Mercator projection. The ENOW data provides time-series data on the ocean and Great Lakes economy, which includes six economic sectors dependent on the oceans and Great Lakes, and measures four economic indicators: Establishments, Employment, Wages, and Gross Domestic Product (GDP). The annual time-series data are available for about 400 coastal counties, 30 coastal states, 8 regions, and the nation. The service was developed by the National Oceanic and Atmospheric Administration (NOAA), but may contain data and information from a variety of data sources, including non-NOAA data. NOAA provides the information “as-is” and shall incur no responsibility or liability as to the completeness or accuracy of this information. NOAA assumes no responsibility arising from the use of this information. The NOAA Office for Coastal Management will make every effort to provide continual access to this service but it may need to be taken down during routine IT maintenance or in case of an emergency. If you plan to ingest this service into your own application and would like to be informed about planned and unplanned service outages or changes to existing services, please register for our Data Services Newsletter (http://coast.noaa.gov/digitalcoast/publications/subscribe). For additional information, please contact the NOAA Office for Coastal Management (coastal.info@noaa.gov).

© NOAA Office for Coastal Management

The Gross Domestic Product (GDP) in the United States expanded 2 percent in the first 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.

U.S. gdp growth rate for 2023 was 2.54%, a 0.61% increase from 2022.

<ul style='margin-top:20px;'>

<li>U.S. gdp growth rate for 2022 was <strong>1.94%</strong>, a <strong>3.86% decline</strong> from 2021.</li>
<li>U.S. gdp growth rate for 2021 was <strong>5.80%</strong>, a <strong>8.01% increase</strong> from 2020.</li>
<li>U.S. gdp growth rate for 2020 was <strong>-2.21%</strong>, a <strong>4.68% 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.

This map shows how the United States Gross Domestic Product (GDP) has changed from 1997 to 2016. This is shown by states, and is represented as a percent change over time. GDP values are in 2016 dollars.Data is from the US Bureau of Economic Analysis and was downloaded from here. The state boundaries are generalized 2010 state boundaries from the Census Bureau's 2010 MAF/TIGER database. Note-- NAICS Industry detail is based on the 2007 North American Industry Classification System (NAICS)

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

GDP, billion currency units in the USA, March, 2025 The most recent value is 7494.15 billion U.S. Dollar as of Q1 2025, an increase compared to the previous value of 7430.98 billion U.S. Dollar. Historically, the average for the USA from Q1 1960 to Q1 2025 is 2229.4 billion U.S. Dollar. The minimum of 135.28 billion U.S. Dollar was recorded in Q4 1960, while the maximum of 7494.15 billion U.S. Dollar was reached in Q1 2025. | TheGlobalEconomy.com

The Gross Domestic Product per capita in the United States was last recorded at 65875.18 US dollars in 2023. The GDP per Capita in the United States is equivalent to 522 percent of the world's average. This dataset provides - United States GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

This layer is a component of ENOW_Counties.

This map service presents spatial information about the Economics: National Ocean Watch (ENOW) data in the Web Mercator projection. The ENOW data provides time-series data on the ocean and Great Lakes economy, which includes six economic sectors dependent on the oceans and Great Lakes, and measures four economic indicators: Establishments, Employment, Wages, and Gross Domestic Product (GDP). The annual time-series data are available for about 400 coastal counties, 30 coastal states, 8 regions, and the nation. The service was developed by the National Oceanic and Atmospheric Administration (NOAA), but may contain data and information from a variety of data sources, including non-NOAA data. NOAA provides the information “as-is” and shall incur no responsibility or liability as to the completeness or accuracy of this information. NOAA assumes no responsibility arising from the use of this information. The NOAA Office for Coastal Management will make every effort to provide continual access to this service but it may need to be taken down during routine IT maintenance or in case of an emergency. If you plan to ingest this service into your own application and would like to be informed about planned and unplanned service outages or changes to existing services, please register for our Data Services Newsletter (http://coast.noaa.gov/digitalcoast/publications/subscribe). For additional information, please contact the NOAA Office for Coastal Management (coastal.info@noaa.gov).

© NOAA Office for Coastal Management

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 USA: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 74578 U.S. dollars, an increase from 72842 U.S. dollars in 2022. In comparison, the world average is 26826 U.S. dollars, based on data from 183 countries. Historically, the average for the USA from 1990 to 2023 is 58328 U.S. dollars. The minimum value, 43742 U.S. dollars, was reached in 1991 while the maximum of 74578 U.S. dollars was recorded in 2023.

This map shows the Gross Domestic Product (GDP) by state in the USA from 2016. This is represented by total GDP in 2016 dollars and by the percent of total US GDP. The GDP amount represents the total of all industries tracked using the NAICS system. The popup shows the percent of US total GDP, and the chart within the popup shows with the annual trend of GDP amount since 1997. Data is from the US Bureau of Economic Analysis and was downloaded from here. The state boundaries are generalized 2010 state boundaries from the Census Bureau's 2010 MAF/TIGER database. Note-- NAICS Industry detail is based on the 2007 North American Industry Classification System (NAICS).

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q4 2024 about GDP and USA.

This map represents the year(s) which had the most growth in GDP per state in the USA. This is shown by representing the predominant rate of growth between any two years from 1997 to 2016. The map is anchored around the 2008 recession, so that years of predominant growth BEFORE 2008 are in shades of green, and years of predominant growth AFTER 2008 are in shades of blue. The darkest greens had peaks in growth farther in the past, and the darkest shade of blue had the most recent peak in growth.Data is from the US Bureau of Economic Analysis and was downloaded from here. The state boundaries are generalized 2010 state boundaries from the Census Bureau's 2010 MAF/TIGER database. Note-- NAICS Industry detail is based on the 2007 North American Industry Classification System (NAICS).

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>2.54% increase</strong> from 2021.</li>
<li>World GDP for 2021 was <strong>97.527 trillion US dollars</strong>, a <strong>13.96% increase</strong> from 2020.</li>
<li>World GDP for 2020 was <strong>85.578 trillion US dollars</strong>, a <strong>2.69% 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.