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United States Real GDP

The United States' real GDP rose to $22.68 trillion in 2024, up from $22.06 trillion in 2023, according to World Bank. This represents an increase of 2.8% ($616.91 billion) from the previous year and accounts for 23.45% of the world's total real GDP. The United States has the highest real GDP, followed by China and Japan.

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 Real GDP (Trillion USD)
2024 22.68
2023 22.06
2022 21.44
2021 20.92
2020 19.72
2019 20.16
2018 19.65
2017 19.09
2016 18.63
2015 18.3
2014 17.77
2013 17.33
2012 16.97
2011 16.59
2010 16.34
2009 15.91
2008 16.33
2007 16.31
2006 15.99
2005 15.56
2004 15.04
2003 14.48
2002 14.08
2001 13.85
2000 13.72
1999 13.18
1998 12.58
1997 12.04
1996 11.53
1995 11.11
1994 10.82
1993 10.4
1992 10.12
1991 9.77
1990 9.79
1989 9.6
1988 9.26
1987 8.89
1986 8.6
1985 8.31
1984 7.98
1983 7.44
1982 7.11
1981 7.24
1980 7.06
1979 7.08
1978 6.86
1977 6.5
1976 6.22
1975 5.9
1974 5.91
1973 5.94
1972 5.62
1971 5.34
1970 5.17
1969 5.16
1968 5.01
1967 4.77
1966 4.65
1965 4.36
1964 4.09
1963 3.87
1962 3.71
1961 3.49
1960 3.41
United States Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in United States, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $29.18T $27.72T 2024
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