Topic: GDP of the U.S. (2024)

Editor’s Picks Current statistics on this topic

Key Economic IndicatorsU.S. real GDP growth by quarter Q1 2013- Q1 2024

Further recommended statistics

Overview

11
  • Basic Statistic U.S. annual GDP 1990-2023
  • Basic Statistic U.S. chained real GDP 1990-2023
  • Basic Statistic U.S. real GDP growth rate 1990-2023
  • Basic Statistic U.S. real GDP Q4 2013- Q4 2024
  • Premium Statistic Weekly GDP growth rate in the U.S. 2021-2023
  • Basic Statistic U.S. real GDP growth by quarter Q1 2013- Q1 2024
  • Basic Statistic Gross domestic product (GDP) per capita in the United States 2029
  • Basic Statistic U.S. per capita real GDP 2022
  • Basic Statistic U.S. GDP forecast 2024-2034
  • Premium Statistic U.S. gross value added to GDP 2022, by sector
  • Basic Statistic U.S. budget balance and forecast as a percentage of GDP 2000-2034

Overview

  • Basic Statistic U.S. annual GDP 1990-2023

    Topic: GDP of the U.S. (4)

    U.S. annual GDP 1990-2023

    Gross domestic product of the United States from 1990 to 2023 (in billion current U.S. dollars )

  • Basic Statistic U.S. chained real GDP 1990-2023

    Topic: GDP of the U.S. (5)

    U.S. chained real GDP 1990-2023

    Real gross domestic product of the United States from 1990 to 2023 (in billion chained 2012 U.S. dollars)

  • Basic Statistic U.S. real GDP growth rate 1990-2023

    Topic: GDP of the U.S. (6)

    U.S. real GDP growth rate 1990-2023

    Annual growth of the real gross domestic product of the United States from 1990 to 2023

  • Basic Statistic U.S. real GDP Q4 2013- Q4 2024

    Topic: GDP of the U.S. (7)

    U.S. real GDP Q4 2013- Q4 2024

    Quarterly real gross domestic product of the United States from the first quarter of 2013 to the first quarter of 2024 (in trillion chained 2017 U.S. dollars)

  • Premium Statistic Weekly GDP growth rate in the U.S. 2021-2023

    Topic: GDP of the U.S. (8)

    Weekly GDP growth rate in the U.S. 2021-2023

    Weekly gross domestic product (GDP) growth rate in the United States from January 2021 to April 2023 (compared to previous year)

  • Basic Statistic U.S. real GDP growth by quarter Q1 2013- Q1 2024

    Topic: GDP of the U.S. (9)

    U.S. real GDP growth by quarter Q1 2013- Q1 2024

    Annualized growth of real GDP in the United States from the first quarter of 2013 to the first quarter of 2024

  • Basic Statistic Gross domestic product (GDP) per capita in the United States 2029

    Topic: GDP of the U.S. (10)

    Gross domestic product (GDP) per capita in the United States 2029

    Gross domestic product (GDP) per capita in the United States in current prices from 1987 to 2029 (in U.S. dollars)

  • Basic Statistic U.S. per capita real GDP 2022

    Topic: GDP of the U.S. (11)

    U.S. per capita real GDP 2022

    Per capita real gross domestic product of the United States from 1990 to 2022 (in chained 2012 U.S. dollars)

  • Basic Statistic U.S. GDP forecast 2024-2034

    Topic: GDP of the U.S. (12)

    U.S. GDP forecast 2024-2034

    Forecast of the gross domestic product of the United States from fiscal year 2024 to fiscal year 2034 (in billion U.S. dollars)

  • Premium Statistic U.S. gross value added to GDP 2022, by sector

    Topic: GDP of the U.S. (13)

    U.S. gross value added to GDP 2022, by sector

    Gross value added to the gross domestic product in the United States from 1990 to 2022, by sector (in billion U.S. dollars)

  • Basic Statistic U.S. budget balance and forecast as a percentage of GDP 2000-2034

GDP by sector and industry

10
  • Premium Statistic U.S. real value added to GDP 1990-2022, by sector
  • Basic Statistic U.S. value added to GDP 2023, by industry
  • Basic Statistic U.S. gross domestic product contributions 2000-2021, by sector
  • Basic Statistic U.S. change in real value added to GDP 2022, by industry
  • Premium Statistic U.S. change in value added to real GDP 2012-2022, by industry
  • Premium Statistic U.S. value added to GDP by manufacturing industry 2000-2023
  • Premium Statistic Tech GDP as a percent of total GDP in the U.S. 2017-2022
  • Premium Statistic U.S. digital economy value added to GDP 2022, by industry
  • Basic Statistic U.S. value added to GDP by services sector 2022, by industry
  • Premium Statistic U.S. value added to GDP by construction industry 2000-2022

GDP by sector and industry

  • Premium Statistic U.S. real value added to GDP 1990-2022, by sector

    Topic: GDP of the U.S. (15)

    U.S. real value added to GDP 1990-2022, by sector

    Real gross value added to the gross domestic product of the United States from 1990 to 2022, by sector (in billion chained 2017 U.S. dollars)

  • Basic Statistic U.S. value added to GDP 2023, by industry

    Topic: GDP of the U.S. (16)

    U.S. value added to GDP 2023, by industry

    Value added to the gross domestic product of the United States in 2023, by industry (in billion U.S. dollars)

  • Basic Statistic U.S. gross domestic product contributions 2000-2021, by sector

    Topic: GDP of the U.S. (17)

    U.S. gross domestic product contributions 2000-2021, by sector

    Value added to gross domestic product across economic sectors in the United States from 2000 to 2021 (as a share of GDP)

  • Basic Statistic U.S. change in real value added to GDP 2022, by industry

    Topic: GDP of the U.S. (18)

    U.S. change in real value added to GDP 2022, by industry

    Change in real value added to the gross domestic product of the United States in 2022, by industry

  • Premium Statistic U.S. change in value added to real GDP 2012-2022, by industry

    Topic: GDP of the U.S. (19)

    U.S. change in value added to real GDP 2012-2022, by industry

    Ten year percentage change in value added to the real gross domestic product of the United States between 2012 and 2022, by industry

  • Premium Statistic U.S. value added to GDP by manufacturing industry 2000-2023

    Topic: GDP of the U.S. (20)

    U.S. value added to GDP by manufacturing industry 2000-2023

    Value added to the gross domestic product by the manufacturing industry in the United States from 2000 to 2023 (in trillion U.S. dollars)

  • Premium Statistic Tech GDP as a percent of total GDP in the U.S. 2017-2022

    Topic: GDP of the U.S. (21)

    Tech GDP as a percent of total GDP in the U.S. 2017-2022

    Tech sector as a percentage of total gross domestic product (GDP) in the United States from 2017 to 2022

  • Premium Statistic U.S. digital economy value added to GDP 2022, by industry

    Topic: GDP of the U.S. (22)

    U.S. digital economy value added to GDP 2022, by industry

    Value added to the total economy (GDP) by the digital economy in the United States in 2022, by industry (in million U.S. dollars)

  • Basic Statistic U.S. value added to GDP by services sector 2022, by industry

    Topic: GDP of the U.S. (23)

    U.S. value added to GDP by services sector 2022, by industry

    Service sector value added to the gross domestic product of the United States in 2022, by industry (in billion U.S. dollars)

  • Premium Statistic U.S. value added to GDP by construction industry 2000-2022

    Topic: GDP of the U.S. (24)

    U.S. value added to GDP by construction industry 2000-2022

    Value added to gross domestic product by the construction industry in the United States from 2000 to 2022 (in billion U.S. dollars)

GDP by state

11
  • Basic Statistic U.S. gross domestic product 2022, by state
  • Basic Statistic U.S. real gross domestic product 2022, by state
  • Basic Statistic U.S. real GDP growth 2022, by state
  • Basic Statistic U.S. real GDP of California 2000-2023
  • Basic Statistic U.S. real value added to GDP in California 2022, by industry
  • Basic Statistic U.S. real GDP of Texas 2000-2023
  • Basic Statistic U.S. real value added to GDP in Texas 2022, by industry
  • Basic Statistic U.S. real GDP of New York 2000-2023
  • Basic Statistic U.S. real value added to GDP in New York 2022, by industry
  • Basic Statistic U.S. real GDP of Florida 2000-2023
  • Basic Statistic U.S. real value added to GDP in Florida, by industry

GDP by state

  • Basic Statistic U.S. gross domestic product 2022, by state

    Topic: GDP of the U.S. (25)

    U.S. gross domestic product 2022, by state

    Gross domestic product of the United States in 2022, by state (in billion current U.S. dollars)

  • Basic Statistic U.S. real gross domestic product 2022, by state

    Topic: GDP of the U.S. (26)

    U.S. real gross domestic product 2022, by state

    Real gross domestic product (GDP) of the United States in 2022, by state (in billion chained 2017 U.S. dollars)

  • Basic Statistic U.S. real GDP growth 2022, by state

    Topic: GDP of the U.S. (27)

    U.S. real GDP growth 2022, by state

    Percent change in the real gross domestic product of the United States in 2022, by state

  • Basic Statistic U.S. real GDP of California 2000-2023

    Topic: GDP of the U.S. (28)

    U.S. real GDP of California 2000-2023

    Real gross domestic product of California in the United States from 2000 to 2023 (in billion U.S. dollars)

  • Basic Statistic U.S. real value added to GDP in California 2022, by industry

    Topic: GDP of the U.S. (29)

    U.S. real value added to GDP in California 2022, by industry

    Real value added to the gross domestic product of California in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)

  • Basic Statistic U.S. real GDP of Texas 2000-2023

    Topic: GDP of the U.S. (30)

    U.S. real GDP of Texas 2000-2023

    Real gross domestic product of Texas from 2000 to 2023 (in billion U.S. dollars)

  • Basic Statistic U.S. real value added to GDP in Texas 2022, by industry

    Topic: GDP of the U.S. (31)

    U.S. real value added to GDP in Texas 2022, by industry

    Real value added to the gross domestic product of Texas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)

  • Basic Statistic U.S. real GDP of New York 2000-2023

    Topic: GDP of the U.S. (32)

    U.S. real GDP of New York 2000-2023

    Real gross domestic product of New York in the United States from 2000 to 2023 (in billion U.S. dollars)

  • Basic Statistic U.S. real value added to GDP in New York 2022, by industry

    Topic: GDP of the U.S. (33)

    U.S. real value added to GDP in New York 2022, by industry

    Real value added to the gross domestic product of New York in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)

  • Basic Statistic U.S. real GDP of Florida 2000-2023

    Topic: GDP of the U.S. (34)

    U.S. real GDP of Florida 2000-2023

    Real gross domestic product of Florida in the United States from 2000 to 2023 (in billion U.S. dollars)

  • Basic Statistic U.S. real value added to GDP in Florida, by industry

    Topic: GDP of the U.S. (35)

    U.S. real value added to GDP in Florida, by industry

    Real value added to the gross domestic product of Florida in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)

GDP by metropolitan area

9
  • Premium Statistic U.S. metro areas - ranked by Gross Metropolitan Product (GMP) 2021
  • Basic Statistic U.S. real GDP 2021, by metro area
  • Premium Statistic U.S. real GDP annual percent change 2022, by metro area
  • Basic Statistic U.S. real GDP per capita 2021, by metro area
  • Premium Statistic U.S. New York metro area GDP 2001-2022
  • Basic Statistic U.S. Los Angeles metro area GDP 2001-2022
  • Premium Statistic U.S. Chicago metro area GDP 2001-2022
  • Premium Statistic U.S. San Francisco Bay Area GDP 2001-2022
  • Premium Statistic U.S. Dallas-Fort Worth metro area GDP 2001-2022

GDP by metropolitan area

  • Premium Statistic U.S. metro areas - ranked by Gross Metropolitan Product (GMP) 2021

    Topic: GDP of the U.S. (36)

    U.S. metro areas - ranked by Gross Metropolitan Product (GMP) 2021

    Forecasted Gross Metropolitan Product (GMP) of the United States in 2021, by metropolitan area (in billion current U.S. dollars)

  • Basic Statistic U.S. real GDP 2021, by metro area

    Topic: GDP of the U.S. (37)

    U.S. real GDP 2021, by metro area

    Real gross domestic product of the United States in 2021, by metropolitan area (in million chained 2012 U.S. dollars)

  • Premium Statistic U.S. real GDP annual percent change 2022, by metro area

    Topic: GDP of the U.S. (38)

    U.S. real GDP annual percent change 2022, by metro area

    Annual percent change in the real GDP of the United States in 2022, by metropolitan area

  • Basic Statistic U.S. real GDP per capita 2021, by metro area

    Topic: GDP of the U.S. (39)

    U.S. real GDP per capita 2021, by metro area

    Per capita real gross domestic product of the United States in 2021, by metropolitan area (in chained 2012 U.S. dollars)

  • Premium Statistic U.S. New York metro area GDP 2001-2022

    Topic: GDP of the U.S. (40)

    U.S. New York metro area GDP 2001-2022

    GDP of the New York metro area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars)

  • Basic Statistic U.S. Los Angeles metro area GDP 2001-2022

    Topic: GDP of the U.S. (41)

    U.S. Los Angeles metro area GDP 2001-2022

    Real GDP of the Los Angeles metro area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars)

  • Premium Statistic U.S. Chicago metro area GDP 2001-2022

    Topic: GDP of the U.S. (42)

    U.S. Chicago metro area GDP 2001-2022

    GDP of the Chicago metro area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars)

  • Premium Statistic U.S. San Francisco Bay Area GDP 2001-2022

    Topic: GDP of the U.S. (43)

    U.S. San Francisco Bay Area GDP 2001-2022

    GDP of the San Francisco Bay Area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars)

  • Premium Statistic U.S. Dallas-Fort Worth metro area GDP 2001-2022

    Topic: GDP of the U.S. (44)

    U.S. Dallas-Fort Worth metro area GDP 2001-2022

    GDP of the Dallas-Fort Worth metropolitan area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars)

International comparison

4
  • Basic Statistic United States share of global gross domestic product (GDP) 2028
  • Basic Statistic Countries with the largest gross domestic product (GDP) 2022
  • Basic Statistic Countries with the largest gross domestic product (GDP) per capita 2022
  • Premium Statistic GDP growth in the leading industrial and emerging countries 2nd quarter 2023

International comparison

  • Basic Statistic United States share of global gross domestic product (GDP) 2028

    Topic: GDP of the U.S. (45)

    United States share of global gross domestic product (GDP) 2028

    United States' share of global gross domestic product (GDP) adjusted for purchasing power parity (PPP) from 2018 to 2028

  • Basic Statistic Countries with the largest gross domestic product (GDP) 2022

    Topic: GDP of the U.S. (46)

    Countries with the largest gross domestic product (GDP) 2022

    The 20 countries with the largest gross domestic product (GDP) in 2022 (in billion U.S. dollars)

  • Basic Statistic Countries with the largest gross domestic product (GDP) per capita 2022

    Topic: GDP of the U.S. (47)

    Countries with the largest gross domestic product (GDP) per capita 2022

    The 20 countries with the largest gross domestic product (GDP) per capita in 2022 (in U.S. dollars)

  • Premium Statistic GDP growth in the leading industrial and emerging countries 2nd quarter 2023

    Topic: GDP of the U.S. (48)

    GDP growth in the leading industrial and emerging countries 2nd quarter 2023

    Growth of the real gross domestic product (GDP) in the leading industrial and emerging countries from 2nd quarter 2021 to 2nd quarter 2023 (compared to the previous quarter)

Topic: GDP of the U.S. (2024)

FAQs

Topic: GDP of the U.S.? ›

A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them).

What is the topic of GDP? ›

GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.

What is the GDP of the United States defined as? ›

Gross domestic product (GDP) The market value of the goods and services produced by labor and property located in the United States.

Where can I find US GDP? ›

U.S. Bureau of Economic Analysis, Gross Domestic Product [GDP], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDP, June 7, 2024.

What is the US history GDP? ›

GDP in the United States averaged 8213.43 USD Billion from 1960 until 2022, reaching an all time high of 25439.70 USD Billion in 2022 and a record low of 543.30 USD Billion in 1960.

What does GDP tell us about? ›

GDP measures the monetary value of goods and services produced within a country's borders in a given time, usually a quarter or a year. Changes in output over time as measured by the GDP are the most comprehensive gauge of an economy's health.

What is the main idea of GDP? ›

Key Takeaways

Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and its growth rate.

What is the definition of GDP in the United States? ›

The value of the final goods and services produced in the United States is the gross domestic product. The percentage that GDP grew (or shrank) from one period to another is an important way for Americans to gauge how their economy is doing.

What makes us GDP? ›

GDP is the way we measure the U.S. economy and its growth.

GDP = the total market value of the final goods and services produced within the United States in a year. A good is a video game, a car, an apple, a gold ring.

What GDP does the US have? ›

Economy of the United States
Trade organizationsWTO, G-20, G7, OECD, USMCA, APEC and others
Country groupDeveloped/Advanced High-income economy Diversified North American economy Welfare state
Statistics
Population340,332,281 (August 30, 2023)
GDP$28.78 trillion (nominal; 2024) $28.78 trillion (PPP; 2024)
44 more rows

What is US GDP right now? ›

US GDP is at a current level of 28.26T, up from 27.96T last quarter and up from 26.81T one year ago.

Who measures US GDP? ›

U.S. Bureau of Economic Analysis (BEA)

What are the components of America's GDP? ›

The four components of gross domestic product are personal consumption, business investment, government spending, and net exports.

What made America wealthy? ›

As part of the Second Industrial Revolution, the country underwent an impressive economic expansion — led by the day's larger-than-life figures of wealth and power. Much of this growth was courtesy of railroads — which now spanned from coast to coast — as well as factories, steel, and the coal mining industry.

Who has the highest GDP? ›

With a GDP of more than 20 trillion dollars, the United States of America is the world's largest economy.

How is GDP calculated? ›

The formula for calculating GDP with the expenditure approach is the following: GDP = private consumption + gross private investment + government investment + government spending + (exports – imports). GDP is usually calculated by the national statistical agency of the country following the international standard.

Is GDP a microeconomic topic? ›

Microeconomics covers topics related to the actions of individual people or businesses within the economy, while macroeconomics examines the larger economy and broader issues, such as GDP, inflation, growth rates, and trade.

How do you explain GDP simply? ›

Gross Domestic Product or GDP is referred to as the total monetary value of all the final goods and services produced within the geographic boundaries of a country, during a given period (usually a year). Gross Domestic Product is one of the most important indicators of the economic status of a country.

What is GDP in your own words? ›

Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period.

What are the four concepts of GDP? ›

What are the 4 main components of GDP? There are four main components of GDP; consumption, investment, government spending, and exports. Consumption is the largest component of GDP and is a measure of all spending by households on goods and services.

References

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