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.

Graph and download economic data for Gross domestic product per capita (A939RC0A052NBEA) from 1929 to 2024 about per capita, GDP, and USA.

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

At the turn of the 20th century, industrialization in Western Europe and North America saw new countries emerge (or return) as major economic powers. Germany (established in 1871) and the United States were the two countries that began to challenge the established powers such as Britain and the Netherlands on an industrial scale, while France's invigorated banking system compensated for its slow rate of industrialization. This period also saw Scandinavian countries catch up with modernization rates observed in other Western European countries; the wealth of natural resources, increased industrial output, and strong shipping networks combined to allow GDP per capita to grow at rates similar to the United States and France and Germany.

Between 1970 and 1913, GDP per capita in the three emerging regions roughly doubled, outpacing growth in countries considered economic and industrial "leaders" for most of the 1800s. While Britain had been the leading global superpower for most of the 19th century and still maintained healthy economic growth in the given period, the rise of Germany and the U.S. at this time would (and, later, the Soviet Union) go on to shape global economic development over the subsequent decades.

Graph and download economic data for Constant GDP per capita for the United States (NYGDPPCAPKDUSA) from 1960 to 2024 about per capita, real, GDP, and USA.

In 1950, GDP per capita in Western Europe (29 countries) was just 48 percent of GDP per capita in the U.S. The post-war economic boom from 1950 to 1973 was the most prosperous period in Western Europe's history, and GDP per capita more than doubled in this period, reaching 69 percent of the U.S.' rate. Due to several economic crises in Europe in the following decades, growth rates in Western Europe remained relatively stable. Still, they did not reach the same heights as seen during the so-called Golden Age of Capitalism.

In contrast, the U.S. had been harder hit than Western Europe by the economic difficulties of the 1970s and 1980s, but the dissolution of the Soviet Union in 1991 coincided with one of the most successful decades in U.S. history, with the economy thriving in the 1990s. For Western Europe, the fall of communism had a knock-on effect that limited growth in the early 1990s, although GDP per capita compared to the U.S. was fairly similar to 1973's rate (albeit lower) at 66 percent.

Historical chart and dataset showing World GDP per capita by year from 1960 to 2023.

The Gross Domestic Product per capita in Palau was last recorded at 12379.79 US dollars in 2023. The GDP per Capita in Palau is equivalent to 98 percent of the world's average. This dataset provides the latest reported value for - Palau GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus 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.

United States US: GDP: Real: GNI per Capita data was reported at 52,878.329 USD in 2016. This records an increase from the previous number of 52,523.808 USD for 2015. United States US: GDP: Real: GNI per Capita data is updated yearly, averaging 37,251.309 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 52,878.329 USD in 2016 and a record low of 23,452.922 USD in 1970. United States US: GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

After relatively stable economic growth since 2000, Cuba's GDP per capita stood at over 9,600 U.S. dollars in 2020. However, given the ongoing economic crisis in Cuba, due to the compounding effects of U.S. sanctions, the COVID-19 pandemic, recent figures are unavailable. For years, much of the Cuban population has gone without basic essentials, with food, fuel, and medicine shortages, as well as water cut-offs and electricity blackouts a common problem for millions of Cubans.

Canada GDP per capita for 2023 was $53,431, a 3.74% decline from 2022.

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

<li>Canada GDP per capita for 2022 was <strong>$55,509</strong>, a <strong>5.74% increase</strong> from 2021.</li>
<li>Canada GDP per capita for 2021 was <strong>$52,497</strong>, a <strong>20.58% increase</strong> from 2020.</li>
<li>Canada GDP per capita for 2020 was <strong>$43,538</strong>, a <strong>6.07% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. 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. Data are in current U.S. dollars.

The Gross Domestic Product per capita in Samoa was last recorded at 4378.05 US dollars in 2024. The GDP per Capita in Samoa is equivalent to 35 percent of the world's average. This dataset provides the latest reported value for - Samoa GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

The Gross Domestic Product per capita in China was last recorded at 13121.68 US dollars in 2024. The GDP per Capita in China is equivalent to 104 percent of the world's average. This dataset provides - China GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

France GDP per capita for 2023 was $44,461, a 8.74% increase from 2022.

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

<li>France GDP per capita for 2022 was <strong>$40,886</strong>, a <strong>6.38% decline</strong> from 2021.</li>
<li>France GDP per capita for 2021 was <strong>$43,671</strong>, a <strong>11.46% increase</strong> from 2020.</li>
<li>France GDP per capita for 2020 was <strong>$39,180</strong>, a <strong>3.25% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. 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. Data are in current U.S. dollars.

Monaco: GDP per capita, constant dollars: The latest value from 2022 is 228667.94 U.S. dollars, an increase from 204610.13 U.S. dollars in 2021. In comparison, the world average is 16535.72 U.S. dollars, based on data from 188 countries. Historically, the average for Monaco from 1970 to 2022 is 122588.47 U.S. dollars. The minimum value, 72743.91 U.S. dollars, was reached in 1970 while the maximum of 228667.94 U.S. dollars was recorded in 2022.

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 per capita in Andorra was last recorded at 41034.51 US dollars in 2024. The GDP per Capita in Andorra is equivalent to 325 percent of the world's average. This dataset provides the latest reported value for - Andorra Gdp Per Capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Cuba was last recorded at 7433.43 US dollars in 2023. The GDP per Capita in Cuba is equivalent to 59 percent of the world's average. This dataset provides - Cuba GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.