The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 35.07 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

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.

The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.

U.S. GDP for 2023 was 27.721 trillion US dollars, a 6.59% increase from 2022.

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

<li>U.S. GDP for 2022 was <strong>26.007 trillion US dollars</strong>, a <strong>9.82% increase</strong> from 2021.</li>
<li>U.S. GDP for 2021 was <strong>23.681 trillion US dollars</strong>, a <strong>10.9% increase</strong> from 2020.</li>
<li>U.S. GDP for 2020 was <strong>21.354 trillion US dollars</strong>, a <strong>0.86% 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.

The state of Florida experienced the most significant GDP growth in 2023, growing by 9.8 percent from 2022. Washington, South Carolina, and Nebraska also experienced high amounts of growth in the same period. Wyoming saw the smallest increase, at only two percent.

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.

The Gross Domestic Product (GDP) in the United States contracted 0.50 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.

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.

Quality of life is a measure of comfort, health, and happiness by a person or a group of people. Quality of life is determined by both material factors, such as income and housing, and broader considerations like health, education, and freedom. Each year, US & World News releases its “Best States to Live in” report, which ranks states on the quality of life each state provides its residents. In order to determine rankings, U.S. News & World Report considers a wide range of factors, including healthcare, education, economy, infrastructure, opportunity, fiscal stability, crime and corrections, and the natural environment. More information on these categories and what is measured in each can be found below:

Healthcare includes access, quality, and affordability of healthcare, as well as health measurements, such as obesity rates and rates of smoking. Education measures how well public schools perform in terms of testing and graduation rates, as well as tuition costs associated with higher education and college debt load. Economy looks at GDP growth, migration to the state, and new business. Infrastructure includes transportation availability, road quality, communications, and internet access. Opportunity includes poverty rates, cost of living, housing costs and gender and racial equality. Fiscal Stability considers the health of the government's finances, including how well the state balances its budget. Crime and Corrections ranks a state’s public safety and measures prison systems and their populations. Natural Environment looks at the quality of air and water and exposure to pollution.

Graph and download economic data for Gross Domestic Product: Private Services-Providing Industries in the Great Lakes BEA Region (GLAKPRISERVPRONGSP) from 1997 to 2024 about Great Lakes BEA Region, GSP, private industries, services, private, industry, GDP, and USA.

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.

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.

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

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

<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.

United States CSI: Economic Outlook 5 Years data was reported at 106.000 1966=100 in Sep 2018. This records an increase from the previous number of 101.000 1966=100 for Aug 2018. United States CSI: Economic Outlook 5 Years data is updated monthly, averaging 92.000 1966=100 from Jan 1978 (Median) to Sep 2018, with 489 observations. The data reached an all-time high of 136.000 1966=100 in Sep 2000 and a record low of 40.000 1966=100 in Jul 1979. United States CSI: Economic Outlook 5 Years data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s United States – Table US.H025: Consumer Sentiment Index. The question was: Looking ahead, which would you say is more likely -- that in the country as a whole we'll have continuous good times during the next 5 years, or that we'll have periods of widespread unemployment or depression, or what?

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

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

This layer contains data on the wages paid to employees working in the six economic sectors that are dependent on the resources of the oceans and Great Lakes. They include: Marine Construction, Living Resources, Offshore Mineral Extraction, Ship and Boat Building, Tourism and Recreation, Marine Transportation, and a total, All Ocean Sectors. http://coast.noaa.gov/dataregistry/search/dataset/info/enow

© NOAA Office for Coastal Management (coastal.info@noaa.gov)

© NOAA Office for Coastal Management (coastal.info@noaa.gov) This layer is a component of Ocean Economy by Indicator.

This map 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).

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Weekly Economic Index in the United States decreased to 1.75 percent in May 31 from 2.03 percent in the previous week. This dataset includes a chart with historical data for the United States Weekly Economic Index.

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.

Graph and download economic data for Chain-Type Quantity Index for Real GDP: All Industry Total in the Great Lakes BEA Region (GLAKQGSP) from 1997 to 2024 about Great Lakes BEA Region, quantity index, GSP, industry, GDP, and USA.