United States GDP (ECONOMICS:USGDP) — Historical Data and Chart

Overview

USGDP chart

Key data points

About US GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

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One of the ways to count US GDP is to add up its consumer spending, business investment, government spending, and net exports.

In 2023 US GDP was 27.36 T USD, and the previous year it amounted to 25.74 T USD.

US GDP accounts for 25.95% of the world GDP.

GDP per capita is gross domestic product divided by a country's population. In 2023 US GDP per capita was ‪65.02 K‬ USD, and in 2022 it amounted to ‪63.72 K‬ USD.

Last quarter US real GDP amounted to ‪23.39 T‬ USD, the quarter before that it was ‪23.22 T‬ USD.

Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.

The highest figure US GDP has ever reached is 27.36 T USD.

The lowest ever value US GDP has reached is 543.3 B USD.