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 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.

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

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.

In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

The average for 2023 based on 188 countries was 0.53 percent. The highest value was in the USA: 26.3 percent and the lowest value was in Andorra: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Explore the World Competitiveness Ranking dataset for 2016, including key indicators such as GDP per capita, fixed telephone tariffs, and pension funding. Discover insights on social cohesion, scientific research, and digital transformation in various countries.

Social cohesion, The image abroad of your country encourages business development, Scientific articles published by origin of author, International Telecommunication Union, World Telecommunication/ICT Indicators database, Data reproduced with the kind permission of ITU, National sources, Fixed telephone tariffs, GDP (PPP) per capita, Overall, Exports of goods - growth, Pension funding is adequately addressed for the future, Companies are very good at using big data and analytics to support decision-making, Gross fixed capital formation - real growth, Economic Performance, Scientific research legislation, Percentage of GDP, Health infrastructure meets the needs of society, Estimates based on preliminary data for the most recent year., Singapore: including re-exports., Value, Laws relating to scientific research do encourage innovation, % of GDP, Gross Domestic Product (GDP), Health Infrastructure, Digital transformation in companies is generally well understood, Industrial disputes, EE, Female / male ratio, State ownership of enterprises, Total expenditure on R&D (%), Score, Colombia, Estimates for the most recent year., Percentage change, based on US$ values, Number of listed domestic companies, Tax evasion is not a threat to your economy, Scientific articles, Tax evasion, % change, Use of big data and analytics, National sources, Disposable Income, Equal opportunity, Listed domestic companies, Government budget surplus/deficit (%), Pension funding, US$ per capita at purchasing power parity, Estimates; US$ per capita at purchasing power parity, Image abroad or branding, Equal opportunity legislation in your economy encourages economic development, Number, Article counts are from a selection of journals, books, and conference proceedings in S&E from Scopus. Articles are classified by their year of publication and are assigned to a region/country/economy on the basis of the institutional address(es) listed in the article. Articles are credited on a fractional-count basis. The sum of the countries/economies may not add to the world total because of rounding. Some publications have incomplete address information for coauthored publications in the Scopus database. The unassigned category count is the sum of fractional counts for publications that cannot be assigned to a country or economy. Hong Kong: research output items by the higher education institutions funded by the University Grants Committee only., State ownership of enterprises is not a threat to business activities, Protectionism does not impair the conduct of your business, Digital transformation in companies, Total final energy consumption per capita, Social cohesion is high, Rank, MTOE per capita, Percentage change, based on constant prices, US$ billions, National sources, World Trade Organization Statistics database, Rank, Score, Value, World Rankings

Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Mongolia, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Kingdom, Venezuela

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The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 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.

In 2023, the United States had a real gross domestic product of about 22 trillion U.S. dollars (2017 chained). See the U.S. GDP for further information. Real Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices.

Real GDP in the U.S.

The real GDP of the U.S. has increased from 9.37 trillion U.S. dollars (2012 chained) in 1990 to 22 trillion U.S. dollars in 2023. Like many of the worlds major economies, the United States has experienced a steady growth in GDP over the last few years. The Indian economy was expected to experienced growth of 9.4 percent between 2020 and 2021, while China’s GDP was expected to grow 8.1 percent in the same period. One of the defining qualities of the United States’ economy is its diversity and advanced technological advancements. Industries such as finance, real estate, health care, and business and education services are large contributors to the economy, while the manufacturing sector accounts for about 11 percent of the country’s wealth.

The GDP generated by each state can also vary widely based on principal industries and production. In 2021, California had the highest state GDP in the United States, reaching 3.35 trillion U.S. dollars; comparatively, Vermont generated a GDP of 36.17 billion U.S. dollars in that year.

Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, all levels of industries, (dollars x 1,000,000), annual, 5 most recent time periods.

According to Cognitive Market Research, the global Canned Fish market size will be USD 36152.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 14461.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 10845.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 8315.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1807.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 723.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Mackerel is the fastest-growing segment of the Canned Fish industry

Market Dynamics of Canned Fish Market

Key Drivers for Canned Fish Market

Rising Popularity of Convenience Foods to Boost Market Growth

As more individuals lead busy lifestyles, there is an increasing demand for convenient, pre-cooked, or easy-to-prepare food options. Canned fish aligns perfectly with the broader trend of ready-to-eat foods, making it an appealing choice for consumers. According to IFIC 2023, Popular diets today include high-protein (18%), mindful eating (17%), calorie-counting (12%), clean eating (12%), and intermittent fasting (12%). A recent Brandwatch report highlights that online searches for "high protein" peaked at a five-year high in early 2023 and have since remained elevated. In the 12 months leading up to May 31, discussions around high protein increased by 32% year-over-year. Additionally, the growth of single-person households worldwide further drives this demand. Smaller households often prefer products like canned fish that provide portion-controlled, easy-to-store, and simple-to-prepare meals.

Global Trade and Distribution Networks to Drive Market Growth

The global canned fish market benefits from well-established and expanding distribution channels, including supermarkets, hypermarkets, online retail platforms, and food service providers, all of which continue to increase their offerings of canned fish products. In 2019, U.S. seafood imports were valued at $22.4 billion, contributing a total of $26.95 billion in direct industry output to the U.S. economy. The broader impact of seafood imports on the U.S. economy exceeds $70 billion in industry output or sales revenue, $37 billion in total value added, and $24 billion in labor income. Shrimp imports alone accounted for more than $6 billion in 2019, representing 27% of total U.S. seafood imports, while salmon was the second largest import category, making up 19% of the total. With the economic contribution of seafood imports being significant, including labor income, industry output, and total value added, the canned fish market benefits from the broader growth in the seafood industry. This economic momentum strengthens the supply chains and the overall demand for canned fish, particularly as consumer preferences for convenient, ready-to-eat options increase.

Restraint Factor for the Canned Fish Market

Challenges of Sustainability and Overfishing

Market growth is being hindered by overfishing and ecological issues. As sustainability regulations become more stringent, the availability of certain fish species may decrease, leading to increased costs. Additionally, contamination risks, such as mercury found in predatory fish (e.g., tuna), raise health concerns, particularly for children and pregnant women, which undermines consumer confidence.

Price Sensitivity in Emerging Markets

In regions where price sensitivity is prevalent, canned fish competes with locally sourced fresh seafood and more affordable protein options. Although the convenience of canned fish is attractive, economic disparities lead consumers to be reluctant to pay higher prices for packaged products. This situation restricts market penetration in developing countries and...

In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 3.1 percent in 2022 and 5.4 percent in 2023. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

Potato late-blight disease is as a major constraint to potato production in Kenya. The use of fungicides to control the disease is limited by the practice of delaying application until the symptoms are visible, and inappropriate application rates and methods. Biotech crops, such as 3R-gene potato, are providing sustainable solutions to crop protection challenges in agriculture, but little is known about their social and economic potential in any country. To gain greater insights into the potential of 3R-gene potato in Kenya, this study evaluates the economic benefits of Asante, Shangi, and Tigoni potato varieties, which are resistant to late blight. Data from experts along the potato value chain and secondary sources are analyzed using the economic surplus model and a real options model. First, experts’ opinions revealed that late-blight disease is responsible for 23% of production loss annually, and that 12% of the production costs are due to the use of fungicides to control late blight disease. Secondly, the study results suggest that the release of 3R-gene Shangi would generate the greatest economic benefits of KES 845.9 million (US$ 8.2 million) annually. The expected net benefits of 3R-gene Asante are KES 7.3 million (US$ 0.07 million) annually. 3R-gene Tigoni, with the lowest potential adoption rates, would be expected to realize a negative net of KES of -1.26 million (US$ -0.01 million) annually. Significant potential economic gains, which is expected to increase with better awareness of biotech crops, support the immediate release of 3R-gene Shangi in Kenya.

Potato late-blight disease is as a major constraint to potato production in Kenya. The use of fungicides to control the disease is limited by the practice of delaying application until the symptoms are visible, and inappropriate application rates and methods. Biotech crops, such as 3R-gene potato, are providing sustainable solutions to crop protection challenges in agriculture, but little is known about their social and economic potential in any country. To gain greater insights into the potential of 3R-gene potato in Kenya, this study evaluates the economic benefits of Asante, Shangi, and Tigoni potato varieties, which are resistant to late blight. Data from experts along the potato value chain and secondary sources are analyzed using the economic surplus model and a real options model. First, experts’ opinions revealed that late-blight disease is responsible for 23% of production loss annually, and that 12% of the production costs are due to the use of fungicides to control late blight disease. Secondly, the study results suggest that the release of 3R-gene Shangi would generate the greatest economic benefits of KES 845.9 million (US$ 8.2 million) annually. The expected net benefits of 3R-gene Asante are KES 7.3 million (US$ 0.07 million) annually. 3R-gene Tigoni, with the lowest potential adoption rates, would be expected to realize a negative net of KES of -1.26 million (US$ -0.01 million) annually. Significant potential economic gains, which is expected to increase with better awareness of biotech crops, support the immediate release of 3R-gene Shangi in Kenya.

Potato late-blight disease is as a major constraint to potato production in Kenya. The use of fungicides to control the disease is limited by the practice of delaying application until the symptoms are visible, and inappropriate application rates and methods. Biotech crops, such as 3R-gene potato, are providing sustainable solutions to crop protection challenges in agriculture, but little is known about their social and economic potential in any country. To gain greater insights into the potential of 3R-gene potato in Kenya, this study evaluates the economic benefits of Asante, Shangi, and Tigoni potato varieties, which are resistant to late blight. Data from experts along the potato value chain and secondary sources are analyzed using the economic surplus model and a real options model. First, experts’ opinions revealed that late-blight disease is responsible for 23% of production loss annually, and that 12% of the production costs are due to the use of fungicides to control late blight disease. Secondly, the study results suggest that the release of 3R-gene Shangi would generate the greatest economic benefits of KES 845.9 million (US$ 8.2 million) annually. The expected net benefits of 3R-gene Asante are KES 7.3 million (US$ 0.07 million) annually. 3R-gene Tigoni, with the lowest potential adoption rates, would be expected to realize a negative net of KES of -1.26 million (US$ -0.01 million) annually. Significant potential economic gains, which is expected to increase with better awareness of biotech crops, support the immediate release of 3R-gene Shangi in Kenya.

Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.