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U.S. per capita GDP 1810–1815 in constant 2009 dollars [104] The economy grew every year from 1812 to 1815 despite a large loss of business by East Coast shipping interests. Wartime inflation averaged 4.8% a year. [105] The national economy grew 1812–1815 at the rate of 3.7% a year, after accounting for inflation.
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
This measures the average production of a person in the country. Lists of GDP per capita: List of countries by GDP (nominal) per capita; List of countries by GDP (PPP) per capita; The major advantage of GDP per capita as an indicator of the standard of living is that it is measured frequently, widely, and consistently.
Evolution of the GDP per capita for selected European countries between 1830 and 1890, according to Bairoch. The following estimates were made by the economic historian Paul Bairoch. [24] Unlike other estimates on this page, the GNP (PPP) per capita is given here in 1960 US dollars. Unlike Maddison, Bairoch allows for the fluctuation of borders ...
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in USDs and have not been adjusted for inflation.
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In 2011, the US has an estimated per capita gross domestic product (PPP) of $47,200, and is the most technologically developed economy in North America. [11] The United States' services sector comprises 80% of the country's GDP (estimated in 2017), industry comprises 19.1% and agriculture comprises 0.9%. [11]