Graph and download economic data for Gross National Product (GNP) from Q1 1947 to Q1 2025 about GNP, GDP, and USA.

Gross National Product in the United States increased to 23744.70 USD Billion in the second quarter of 2025 from 23561.70 USD Billion in the first quarter of 2025. This dataset provides - United States Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Gross National Product (GNPC96) from Q1 1947 to Q2 2025 about GNP, real, GDP, and USA.

Key information about United States Gross National Product (GNP)

• United States Gross National Product (GNP) was reported at 7,347.016 USD bn in Sep 2024.
• This records an increase from the previous number of 7,269.154 USD bn for Jun 2024.
• US Gross National Product (GNP) data is updated quarterly, averaging 1,117.425 USD bn from Mar 1947 to Sep 2024, with 311 observations.
• The data reached an all-time high of 7,347.016 USD bn in Sep 2024 and a record low of 61.035 USD bn in Mar 1947.

• US Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC de-annualises quarterly Gross National Product. The Bureau of Economic Analysis provides annualised Gross National Product in USD. Seasonally adjusted auxiliary series is used since non-seasonally adjusted data is unavailable from the source.

Graph and download economic data for Gross National Product (GNP); Total, Transactions (BOGZ1FA086902101A) from 1946 to 2024 about GNP, transactions, and USA.

United States Gross National Product (GNP) data was reported at 19,729.061 USD bn in 2017. This records an increase from the previous number of 18,922.511 USD bn for 2016. United States Gross National Product (GNP) data is updated yearly, averaging 1,437.995 USD bn from Dec 1929 (Median) to 2017, with 89 observations. The data reached an all-time high of 19,729.061 USD bn in 2017 and a record low of 57.454 USD bn in 1933. United States Gross National Product (GNP) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A006: NIPA 2018: GDP by Expenditure: Annual Average: Current Price.

Graph and download economic data for Gross National Product (GNPA) from 1929 to 2024 about GNP, GDP, and USA.

This table contains 68 series, with data for years 1947 - 1995 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: United States ...) Prices (3 items: 1972 constant dollars; 1982 constant dollars; 1987 constant dollars ...) Components (25 items: Gross national product; Total personal consumption expenditures; Personal consumption expenditures; durable goods; Personal consumption expenditures; non-durable goods ...).

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.

United States US: GDP: Growth: GNI per Capita data was reported at 0.675 % in 2016. This records a decrease from the previous number of 1.876 % for 2015. United States US: GDP: Growth: GNI per Capita data is updated yearly, averaging 2.062 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 6.200 % in 1984 and a record low of -3.728 % in 2009. United States US: GDP: Growth: 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: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

United States GNP: 2005p: saar: Consumption of Fixed Capital: Government data was reported at 305.100 USD bn in Mar 2013. This records an increase from the previous number of 303.500 USD bn for Dec 2012. United States GNP: 2005p: saar: Consumption of Fixed Capital: Government data is updated quarterly, averaging 108.400 USD bn from Mar 1947 (Median) to Mar 2013, with 265 observations. The data reached an all-time high of 305.100 USD bn in Mar 2013 and a record low of 48.700 USD bn in Mar 1951. United States GNP: 2005p: saar: Consumption of Fixed Capital: Government data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A109: NIPA 2009: GDP by Expenditure: Seasonally Adjusted at Annual Rates: 2005 Price: Chain Linked.

Key information about European Union Gross National Product (GNP)

• European Union Gross National Product (GNP) was reported at 18,438.535 USD bn in Dec 2023.
• This records an increase from the previous number of 16,776.559 USD bn for Dec 2022.
• EU Gross National Product (GNP) data is updated yearly, averaging 6,705.917 USD bn from Dec 1960 to 2023, with 64 observations.
• The data reached an all-time high of 18,438.535 USD bn in 2023 and a record low of 285.630 USD bn in 1960.

• EU Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• The World Bank provides annual Gross National Product in USD.

United States GNP: saar: FC: Private data was reported at 1,691.500 USD bn in Mar 2013. This records an increase from the previous number of 1,669.000 USD bn for Dec 2012. United States GNP: saar: FC: Private data is updated quarterly, averaging 267.400 USD bn from Mar 1947 (Median) to Mar 2013, with 265 observations. The data reached an all-time high of 1,691.500 USD bn in Mar 2013 and a record low of 14.600 USD bn in Mar 1947. United States GNP: saar: FC: Private data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A108: NIPA 2009: GDP by Expenditure: Seasonally Adjusted at Annual Rates: Current Price.

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 (GDP) of California was about 4.1 trillion U.S. dollars in 2024, 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 45.71 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.

Among the service sector in the United States, the real estate, rental and leasing industry added the most value to the GDP in 2023. In that year, this industry added 3.67 trillion U.S. dollars to the national GDP. Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it cannot be used to calculate the standard of living. The annual GDP of the United States since 1990 can be accessed here.

United States US: GDP: USD: Gross National Income data was reported at 19,607.598 USD bn in 2017. This records an increase from the previous number of 18,968.714 USD bn for 2016. United States US: GDP: USD: Gross National Income data is updated yearly, averaging 5,447.032 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 19,607.598 USD bn in 2017 and a record low of 546.400 USD bn in 1960. United States US: GDP: USD: Gross National Income 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: Nominal. 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 current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

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.

As of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.