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The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
Largest economies in the world by GDP (PPP) in 2024 ... for 180 of the 193 current United Nations member states as well as Hong Kong ... United States: 29,170,000: 2024:
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...
“The GDP revisions show the U.S. economy was in good shape in mid-2024,” Bill Adams, chief economist for Comerica Bank, said Thursday. “Solid growth of consumer spending propelled the ...
The US economy grew at a 3% annualized pace in the second quarter, a faster rate than Wall Street had expected. The Bureau of Economic Analysis's third estimate of second quarter US gross domestic ...
The United States has been the world's largest national economy in terms of GDP since around 1890. [98] For many years following the Great Depression of the 1930s, when the danger of recession appeared most serious, the government strengthened the economy by spending heavily itself or cutting taxes so that consumers would spend more and by ...
December 13, 2024 at 10:30 AM. ... By contrast, the U.S. federal government ran a deficit of $1.8 trillion last year, which is about 6 percent of America's current GDP of about $29.3 trillion.