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United States GDP

The United States' GDP rose to $29.18 trillion in 2024, up from $27.72 trillion in 2023, according to World Bank. This represents an increase of 5.3% ($1.46 trillion) from the previous year and accounts for 26.22% of the world's total GDP. The United States has the highest GDP, followed by China and Germany.

The United States' GDP per capita rose to $66,682.61 in 2024, up from $65,505.26 in 2023.

Yearly Historical Data (1960-2024)

(in Trillion USD)
Year GDP (Trillion USD)
2024 29.18
2023 27.72
2022 26.01
2021 23.68
2020 21.35
2019 21.54
2018 20.66
2017 19.61
2016 18.8
2015 18.3
2014 17.61
2013 16.88
2012 16.25
2011 15.6
2010 15.05
2009 14.48
2008 14.77
2007 14.47
2006 13.82
2005 13.04
2004 12.22
2003 11.46
2002 10.93
2001 10.58
2000 10.25
1999 9.63
1998 9.06
1997 8.58
1996 8.07
1995 7.64
1994 7.29
1993 6.86
1992 6.52
1991 6.16
1990 5.96
1989 5.64
1988 5.24
1987 4.86
1986 4.58
1985 4.34
1984 4.04
1983 3.63
1982 3.34
1981 3.21
1980 2.86
1979 2.63
1978 2.35
1977 2.08
1976 1.87
1975 1.68
1974 1.55
1973 1.43
1972 1.28
1971 1.16
1970 1.07
1969 1.02
1968 0.94
1967 0.86
1966 0.81
1965 0.74
1964 0.69
1963 0.64
1962 0.6
1961 0.56
1960 0.54
United States GDP : Definition
GDP measures the total value of all goods and services produced in United States, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.8% 2.89% 2024
GDP Growth Rate (QoQ) 3.8% -0.6% Jun'25
GDP Growth Rate (YoY) 2.1% 2% Jun'25
GDP per Capita $66,682.61 $65,505.26 2024
GDP per Capita PPP $75,491.61 $74,158.72 2024
R&D Expenditure (% GDP) 3.59% 3.48% 2022
Real GDP $22.68T $22.06T 2024