100+ datasets found
  1. United States share of global gross domestic product (GDP) 2029

    • statista.com
    • ai-chatbox.pro
    Updated Jul 4, 2024
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    Statista (2024). United States share of global gross domestic product (GDP) 2029 [Dataset]. https://www.statista.com/statistics/270267/united-states-share-of-global-gross-domestic-product-gdp/
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    Dataset updated
    Jul 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the United States accounted for 15.56 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 14.72 percent by 2029, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.

  2. T

    United States GDP

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Mar 15, 2025
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    TRADING ECONOMICS (2025). United States GDP [Dataset]. https://tradingeconomics.com/united-states/gdp
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    xml, excel, json, csvAvailable download formats
    Dataset updated
    Mar 15, 2025
    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, 2023
    Area covered
    United States
    Description

    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.

  3. T

    World - GDP

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 20, 2013
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    TRADING ECONOMICS (2013). World - GDP [Dataset]. https://tradingeconomics.com/world/gdp-us-dollar-wb-data.html
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    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    Jul 20, 2013
    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
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    World, World
    Description

    GDP (current US$) in World was reported at 106171667873321 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

  4. Global gross domestic product (GDP) 2029

    • statista.com
    Updated Jan 10, 2025
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    Statista (2025). Global gross domestic product (GDP) 2029 [Dataset]. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/
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    Dataset updated
    Jan 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    The statistic shows global gross domestic product (GDP) from 1985 to 2022, with projections up until 2029. In 2020, global GDP amounted to about 85.52 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

  5. 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.
    
  6. G

    Percent of world GDP in North America | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jul 8, 2019
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    Globalen LLC (2019). Percent of world GDP in North America | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_share/North-America/
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    xml, csv, excelAvailable download formats
    Dataset updated
    Jul 8, 2019
    Dataset authored and provided by
    Globalen LLC
    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, 1980 - Dec 31, 2023
    Area covered
    North America, World, World
    Description

    The average for 2023 based on 24 countries was 1.29 percent. The highest value was in the USA: 26.47 percent and the lowest value was in Antigua and Barbuda: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

  7. M

    U.S. GDP Growth Rate

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). U.S. GDP Growth Rate [Dataset]. https://www.macrotrends.net/global-metrics/countries/usa/united-states/gdp-growth-rate
    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 States
    Description
    U.S. gdp growth rate for 2023 was 2.89%, a 0.38% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>U.S. gdp growth rate for 2022 was <strong>2.51%</strong>, a <strong>3.54% decline</strong> from 2021.</li>
    <li>U.S. gdp growth rate for 2021 was <strong>6.06%</strong>, a <strong>8.22% increase</strong> from 2020.</li>
    <li>U.S. gdp growth rate for 2020 was <strong>-2.16%</strong>, a <strong>4.75% 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.
    
  8. T

    World GDP

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +10more
    csv, excel, json, xml
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    TRADING ECONOMICS, World GDP [Dataset]. https://tradingeconomics.com/world/gdp
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    json, excel, csv, 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, 2023
    Area covered
    World, World
    Description

    The Gross Domestic Product (GDP) in World was worth 106171.67 billion US dollars in 2023, according to official data from the World Bank. This dataset includes a chart with historical data for World GDP.

  9. United States Private Consumption: % of GDP

    • ceicdata.com
    Updated Mar 15, 2025
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    CEICdata.com (2025). United States Private Consumption: % of GDP [Dataset]. https://www.ceicdata.com/en/indicator/united-states/private-consumption--of-nominal-gdp
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    Dataset updated
    Mar 15, 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 Private Consumption: % of GDP

    • United States Private Consumption accounted for 68.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 67.7 % in the previous quarter.
    • US Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1947 to Dec 2024, with an average share of 63.5 %.
    • The data reached an all-time high of 68.8 % in Dec 2024 and a record low of 57.7 % in Mar 1952.

    CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Bureau of Economic Analysis provides Private Consumption Expenditure in USD and Nominal GDP in USD.


    Related information about United States Private Consumption: % of GDP

    • In the latest reports, US GDP expanded 1.8 % YoY in Mar 2023.
    • Its Nominal GDP reached 6,632.4 USD bn in Mar 2023.
    • US GDP Per Capita reached 59,484.0 USD in Dec 2017.
    • Its Gross Savings Rate was measured at 16.0 % in Mar 2023.

  10. United States Nominal GDP

    • ceicdata.com
    • dr.ceicdata.com
    Updated Nov 27, 2021
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    CEICdata.com (2021). United States Nominal GDP [Dataset]. https://www.ceicdata.com/en/indicator/united-states/nominal-gdp
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    Dataset updated
    Nov 27, 2021
    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
    Jun 1, 2020 - Mar 1, 2023
    Area covered
    United States
    Description

    Key information about United States Nominal GDP

    • United States Nominal GDP reached 6,621.6 USD bn in Mar 2023, compared with 6,534.5 USD bn in the previous quarter.
    • Nominal GDP in US is updated quarterly, available from Mar 1947 to Mar 2023, with an average number of 1,057.5 USD bn.
    • The data reached an all-time high of 6,621.6 USD bn in Mar 2023 and a record low of 60.8 USD bn in Mar 1947.

    CEIC de-annualizes quarterly Nominal GDP. The Bureau of Economic Analysis provides annualized Nominal GDP in USD.


    Related information about United States Nominal GDP

    • In the latest reports, US GDP expanded 1.6 % YoY in Mar 2023.
    • Its GDP deflator (implicit price deflator) increased 5.4 % in Mar 2023.
    • US GDP Per Capita reached 59,484.0 USD in Dec 2017.
    • Its Gross Savings Rate was measured at 15.9 % in Mar 2023.
    • For Nominal GDP contributions, Investment accounted for 20.7 % in Mar 2023.
    • Public Consumption accounted for 14.1 % in Mar 2023.
    • Private Consumption accounted for 67.9 % in Mar 2023.

  11. Share of global GDP per region 1820-1913

    • statista.com
    Updated Dec 31, 2006
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    Statista (2006). Share of global GDP per region 1820-1913 [Dataset]. https://www.statista.com/statistics/1238651/share-gdp-region-1820-1913/
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    Dataset updated
    Dec 31, 2006
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    Between 1820 and 1913, Asia's share of global GDP fell from 58 percent to just 27 percent. Although Asia's overall GDP grew throughout the given period, the rapid industrialization observed across Europe, North America, Australia, and New Zealand saw their combined share increase from 35 percent to 67 percent, which offset Asia's growth. In particular, the combined share of North America, Australia, and New Zealand grew over ten times larger in this period, from two percent in 1820 to 21 percent in 1913.

  12. F

    Gross Domestic Product for World

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
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    (2025). Gross Domestic Product for World [Dataset]. https://fred.stlouisfed.org/series/NYGDPMKTPCDWLD
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

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

    Description

    Graph and download economic data for Gross Domestic Product for World (NYGDPMKTPCDWLD) from 1960 to 2023 about , and GDP.

  13. M

    World GDP Growth Rate 1961-2025

    • macrotrends.net
    csv
    Updated Apr 30, 2025
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    MACROTRENDS (2025). World GDP Growth Rate 1961-2025 [Dataset]. https://www.macrotrends.net/global-metrics/countries/WLD/world/gdp-growth-rate
    Explore at:
    csvAvailable download formats
    Dataset updated
    Apr 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, 1961 - May 28, 2025
    Area covered
    World, world
    Description
    World gdp growth rate for 2023 was 2.72%, a 0.37% decline from 2022.
    <ul style='margin-top:20px;'>
    
    <li>World gdp growth rate for 2022 was <strong>3.09%</strong>, a <strong>3.17% decline</strong> from 2021.</li>
    <li>World gdp growth rate for 2021 was <strong>6.26%</strong>, a <strong>9.19% increase</strong> from 2020.</li>
    <li>World gdp growth rate for 2020 was <strong>-2.93%</strong>, a <strong>5.57% 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.
    
  14. United States US: GDP: PPP

    • ceicdata.com
    + more versions
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    CEICdata.com, United States US: GDP: PPP [Dataset]. https://www.ceicdata.com/en/united-states/gross-domestic-product-purchasing-power-parity/us-gdp-ppp
    Explore at:
    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
    Dec 1, 2005 - Dec 1, 2016
    Area covered
    United States
    Variables measured
    Gross Domestic Product
    Description

    United States US: GDP: PPP data was reported at 19,390,604.000 Intl $ mn in 2017. This records an increase from the previous number of 18,624,475.000 Intl $ mn for 2016. United States US: GDP: PPP data is updated yearly, averaging 11,892,799.000 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 19,390,604.000 Intl $ mn in 2017 and a record low of 5,979,589.000 Intl $ mn in 1990. United States US: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

  15. China's share of global gross domestic product (GDP) 1980-2030

    • statista.com
    • ai-chatbox.pro
    Updated Apr 24, 2025
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    Statista (2025). China's share of global gross domestic product (GDP) 1980-2030 [Dataset]. https://www.statista.com/statistics/270439/chinas-share-of-global-gross-domestic-product-gdp/
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    Dataset updated
    Apr 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    The graph shows China's share in global gross domestic product adjusted for purchasing-power-parity until 2024, with a forecast until 2030. In 2024, China's share was about 19.45 percent. China's global GDP share Due to the introduction of capitalist market principles in 1978, China's economic market began to show immense change and growth. China's real GDP growth ranged at 5.0 percent in 2024. China's per capita GDP is also expected to continue to grow, reaching 13,300 U.S. dollars in 2024. Comparatively, Luxembourg and Switzerland have some of the world’s largest GDP per capita with 141,100 U.S. dollars and 111,700 U.S. dollars, respectively, expected for 2025.China is the largest exporter and second largest importer of goods in the world and is also among the largest manufacturing economies. The country also ranges among the world's largest agricultural producers and consumers. It relies heavily on intensive agricultural practices and is the world's largest producer of pigs, chickens, and eggs. Livestock production has been heavily emphasized since the mid-1970s. China’s chemical industry has also seen growth with a heavy focus on fertilizers, plastics, and synthetic fibers. China's use of chemical fertilizers amounted to approximately 50.2 million metric tons in 2023. GDP composition in China Industry and construction account for less than 40 percent of China's GDP. Some of the major industries include mining and ore processing, food processing, coal, machinery, textiles and apparel, and consumer products. Almost half of China's output is dedicated to investment purposes. However, as the country tends to support gross output, innovation, technological advancement, and even quality are often lacking.

  16. Gross domestic product (GDP) of the United States 2030

    • ai-chatbox.pro
    • statista.com
    Updated May 29, 2025
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    Aaron O'Neill (2025). Gross domestic product (GDP) of the United States 2030 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F7747%2Fgross-domestic-product-gdp-worldwide%2F%23XgboD02vawLKoDs%2BT%2BQLIV8B6B4Q9itA
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    Dataset updated
    May 29, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Aaron O'Neill
    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.

  17. United States US: Final Consumption Expenditure: % of GDP

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). United States US: Final Consumption Expenditure: % of GDP [Dataset]. https://www.ceicdata.com/en/united-states/contribution-to-gdp/us-final-consumption-expenditure--of-gdp
    Explore at:
    Dataset updated
    Feb 15, 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
    Dec 1, 2005 - Dec 1, 2016
    Area covered
    United States
    Variables measured
    Gross Domestic Product
    Description

    United States US: Final Consumption Expenditure: % of GDP data was reported at 83.100 % in 2016. This records an increase from the previous number of 82.500 % for 2015. United States US: Final Consumption Expenditure: % of GDP data is updated yearly, averaging 82.700 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 85.200 % in 2011 and a record low of 81.500 % in 1997. United States US: Final Consumption Expenditure: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF: Contribution to GDP.

  18. F

    Gross Domestic Product

    • fred.stlouisfed.org
    • trends.sourcemedium.com
    json
    Updated Apr 30, 2025
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    (2025). Gross Domestic Product [Dataset]. https://fred.stlouisfed.org/series/GDP
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Apr 30, 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.

  19. United States US: GDP: Growth: Exports of Goods and Services

    • ceicdata.com
    Updated Oct 15, 2003
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    CEICdata.com (2003). United States US: GDP: Growth: Exports of Goods and Services [Dataset]. https://www.ceicdata.com/en/united-states/gross-domestic-product-annual-growth-rate/us-gdp-growth-exports-of-goods-and-services
    Explore at:
    Dataset updated
    Oct 15, 2003
    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
    Dec 1, 2005 - Dec 1, 2016
    Area covered
    United States
    Variables measured
    Gross Domestic Product
    Description

    United States US: GDP: Growth: Exports of Goods and Services data was reported at -0.329 % in 2016. This records a decrease from the previous number of 0.410 % for 2015. United States US: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 6.733 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 18.850 % in 1973 and a record low of -8.794 % in 2009. United States US: GDP: Growth: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

  20. United States US: GDP: Growth: Gross Value Added: Services

    • ceicdata.com
    Updated Oct 15, 2003
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    CEICdata.com (2003). United States US: GDP: Growth: Gross Value Added: Services [Dataset]. https://www.ceicdata.com/en/united-states/gross-domestic-product-annual-growth-rate/us-gdp-growth-gross-value-added-services
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    Dataset updated
    Oct 15, 2003
    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
    Dec 1, 2004 - Dec 1, 2015
    Area covered
    United States
    Variables measured
    Gross Domestic Product
    Description

    United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services 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: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

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Statista (2024). United States share of global gross domestic product (GDP) 2029 [Dataset]. https://www.statista.com/statistics/270267/united-states-share-of-global-gross-domestic-product-gdp/
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United States share of global gross domestic product (GDP) 2029

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16 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jul 4, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

In 2023, the United States accounted for 15.56 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 14.72 percent by 2029, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.

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