In 2023, the United States had a real gross domestic product of about 22 trillion U.S. dollars (2017 chained). See the U.S. GDP for further information.
Real Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices.
Real GDP in the U.S.
The real GDP of the U.S. has increased from 9.37 trillion U.S. dollars (2012 chained) in 1990 to 22 trillion U.S. dollars in 2023. Like many of the worlds major economies, the United States has experienced a steady growth in GDP over the last few years. The Indian economy was expected to experienced growth of 9.4 percent between 2020 and 2021, while China’s GDP was expected to grow 8.1 percent in the same period. One of the defining qualities of the United States’ economy is its diversity and advanced technological advancements. Industries such as finance, real estate, health care, and business and education services are large contributors to the economy, while the manufacturing sector accounts for about 11 percent of the country’s wealth.
The GDP generated by each state can also vary widely based on principal industries and production. In 2021, California had the highest state GDP in the United States, reaching 3.35 trillion U.S. dollars; comparatively, Vermont generated a GDP of 36.17 billion U.S. dollars in that year.
Real gross domestic product of the United States from 1990 to 2023
(in billion chained 2012 U.S. dollars)
Real Gross domestic product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices. Data presented until 2016 are in 2012 chained U.S. dollars. The following years are in 2017 chained U.S. dollars.
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BEA. (March 30, 2024). Real gross domestic product of the United States from 1990 to 2023 (in billion chained 2012 U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/188141/annual-real-gdp-of-the-united-states-since-1990-in-chained-us-dollars/
BEA. "Real gross domestic product of the United States from 1990 to 2023 (in billion chained 2012 U.S. dollars)." Chart. March 30, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/188141/annual-real-gdp-of-the-united-states-since-1990-in-chained-us-dollars/
BEA. (2024). Real gross domestic product of the United States from 1990 to 2023 (in billion chained 2012 U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/188141/annual-real-gdp-of-the-united-states-since-1990-in-chained-us-dollars/
BEA. "Real Gross Domestic Product of The United States from 1990 to 2023 (in Billion Chained 2012 U.S. Dollars)." Statista, Statista Inc., 30 Mar 2024, https://www.statista.com/statistics/188141/annual-real-gdp-of-the-united-states-since-1990-in-chained-us-dollars/
BEA, Real gross domestic product of the United States from 1990 to 2023 (in billion chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/188141/annual-real-gdp-of-the-united-states-since-1990-in-chained-us-dollars/ (last visited September 01, 2024)
Real gross domestic product of the United States from 1990 to 2023 (in billion chained 2012 U.S. dollars) [Graph], BEA, March 30, 2024. [Online]. Available: https://www.statista.com/statistics/188141/annual-real-gdp-of-the-united-states-since-1990-in-chained-us-dollars/