Annual GDP growth in United States of America
United States of America: Annual GDP growth was 2.8% in 2024. ◆ Volatile
Annual GDP growth in United States of America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
United States of America recorded 2.8% for annual gdp growth in 2024.
That represents a change of down 3.3% on the previous year and up 10.7% over ten years.
Over the whole period, annual gdp growth in United States of America peaked at 6.1% in 2021 and was at its lowest, -2.6%, in 2009.
That places United States of America 20th out of 37 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in United States of America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | 1.0% | -76.6% |
| 2002 | 1.7% | +78.0% |
| 2003 | 2.8% | +64.4% |
| 2004 | 3.8% | +37.6% |
| 2005 | 3.5% | -9.5% |
| 2006 | 2.8% | -20.1% |
| 2007 | 2.0% | -28.0% |
| 2008 | 0.1% | -94.3% |
| 2009 | -2.6% | -2368.3% |
| 2010 | 2.7% | -204.6% |
| 2011 | 1.6% | -42.0% |
| 2012 | 2.3% | +46.3% |
| 2013 | 2.1% | -7.5% |
| 2014 | 2.5% | +19.2% |
| 2015 | 2.9% | +16.7% |
| 2016 | 1.8% | -38.2% |
| 2017 | 2.5% | +35.1% |
| 2018 | 3.0% | +20.7% |
| 2019 | 2.6% | -12.9% |
| 2020 | -2.2% | -183.7% |
| 2021 | 6.1% | -379.9% |
| 2022 | 2.5% | -58.5% |
| 2023 | 2.9% | +14.9% |
| 2024 | 2.8% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -2.6% | 4.1% | 10 |
| 2010s | 2.4% | 1.6% | 3.0% | 10 |
| 2020s | 2.4% | -2.2% | 6.1% | 5 |
Countries ranked near United States of America
- 17 Malta 6.8% compare
- 18 Togo 6.5% compare
- 19 Uzbekistan 6.5% compare
- 20 India 6.5% compare
- 21 Mauritania 6.3% compare
- 22 Turkmenistan 6.3% compare
- 23 Democratic Republic of the Congo 6.1% compare
More economy & growth data for United States of America
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.43 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.14 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.43 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 6.14 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 22.22 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 21.57 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 22.22 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.57 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5.04 million million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.04 million million SLC (2024)
Frequently asked questions
- What is annual gdp growth in United States of America?
- Annual gdp growth in United States of America was 2.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in United States of America?
- The highest recorded value was 6.1% in 2021.
- What is the lowest annual gdp growth recorded in United States of America?
- The lowest recorded value was -2.6% in 2009.
- How does United States of America rank for annual gdp growth?
- United States of America ranks 20th out of 37 groups with data for 2024.
- Is annual gdp growth rising or falling in United States of America?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is volatile.
- Where does this United States of America data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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