In the first quarter of 2024, the GDP of the United States was three percent higher compared to the first quarter of 2023. The gross domestic product refers to the market value of all final goods and services produced in a country within a given period. The GDP of the United States amounted to 25.46 trillion U.S. dollars in 2022. The annual GDP of the United States can be found here, the growth per quarter can be found here and the chained quarterly GDP growth can be found here.

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.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High (GDPC1CTHLR) from 2009-02-18 to 2025-06-18 about projection, real, GDP, rate, and USA.

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.

The USA: Economic growth forecast: The latest value from 2030 is 2.12 percent, unchanged from 2.12 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for the USA from 1980 to 2030 is 2.56 percent. The minimum value, -2.58 percent, was reached in 2009 while the maximum of 7.24 percent was recorded in 1984.

In 2023, the real gross domestic product (GDP) of Georgia increased by 1.9 percent compared to the previous year. 2021 saw the most growth experienced by the state's GDP since 2000. Georgia's GDP experienced the largest decrease in 2009, when it declined by 3.7 percent compared to the previous year.

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

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States GDP Growth Tracker: Yo2Y data was reported at 5.414 % in 23 Apr 2023. This records a decrease from the previous number of 5.752 % for 16 Apr 2023. United States GDP Growth Tracker: Yo2Y data is updated weekly, averaging 4.092 % from May 2020 (Median) to 23 Apr 2023, with 155 observations. The data reached an all-time high of 23.838 % in 03 Apr 2022 and a record low of -8.163 % in 24 May 2020. United States GDP Growth Tracker: Yo2Y data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.WT: GDP Growth Tracker: Weekly.

Investment growth in the USA, March, 2025 The most recent value is 4.87 percent as of Q1 2025, an increase compared to the previous value of 4.54 percent. Historically, the average for the USA from Q1 1961 to Q1 2025 is 6.9 percent. The minimum of -20 percent was recorded in Q2 2009, while the maximum of 24.65 percent was reached in Q3 1977. | TheGlobalEconomy.com

Consumption growth in the USA, March, 2025 The most recent value is 5.5 percent as of Q1 2025, a decline compared to the previous value of 5.66 percent. Historically, the average for the USA from Q1 1961 to Q1 2025 is 6.65 percent. The minimum of -10.4 percent was recorded in Q2 2020, while the maximum of 21.74 percent was reached in Q2 2021. | TheGlobalEconomy.com

In 2023, the GDP of the United States increased by about *** percent compared to the previous year. This comes amid high inflation rates globally, and countries such as Argentina and Germany even experiencing economic decline. 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 to measure the economic strength of a country.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States (USAGDPRQPSMEI) from Q1 1948 to Q1 2025 about real, GDP, rate, and USA.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q1 2025 about GDP and USA.

United States US: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 0.968 % in 2016. This records a decrease from the previous number of 1.332 % for 2015. United States US: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 1.566 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 4.928 % in 1985 and a record low of -2.654 % in 2011. United States US: GDP: Growth: Final Consumption Expenditure: General Government 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 percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Gross fixed capital formation (annual % growth) in United States was reported at 4.4346 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Gross fixed capital formation (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint was 1.80000 Fourth Qtr. to Fourth Qtr. % Chg. in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint reached a record high of 5.50000 in January of 2021 and a record low of -2.35000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United States (LORSGPORUSQ659S) from Q1 1948 to Q4 2023 about leading indicator, GDP, and USA.

The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in United States was reported at 1.9 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.