Gross Domestic Product — Annual growth US$ in United States of America
United States of America: Gross Domestic Product — Annual growth US$ was 5.28 % in 2024. ▼ Falling
Gross Domestic Product — Annual growth US$ in United States of America, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross domestic product — annual growth us$ in United States of America stood at 5.28 %.
Compared with earlier readings it is down 19.8% on the previous year and up 22.6% over ten years.
Over the whole period, gross domestic product — annual growth us$ in United States of America peaked at 12.96 % in 1978 and was at its lowest, -1.98 %, in 2009.
United States of America ranks 15th of 29 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Gross Domestic Product — Annual growth US$ in United States of America, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 8.53 % | — |
| 1972 | 9.81 % | +15.0% |
| 1973 | 11.44 % | +16.6% |
| 1974 | 8.41 % | -26.5% |
| 1975 | 9.04 % | +7.5% |
| 1976 | 11.19 % | +23.8% |
| 1977 | 11.12 % | -0.6% |
| 1978 | 12.96 % | +16.5% |
| 1979 | 11.73 % | -9.5% |
| 1980 | 8.75 % | -25.3% |
| 1981 | 12.24 % | +39.8% |
| 1982 | 4.26 % | -65.2% |
| 1983 | 8.68 % | +103.6% |
| 1984 | 11.11 % | +27.9% |
| 1985 | 7.46 % | -32.8% |
| 1986 | 5.55 % | -25.7% |
| 1987 | 6.02 % | +8.5% |
| 1988 | 7.85 % | +30.5% |
| 1989 | 7.74 % | -1.5% |
| 1990 | 5.7 % | -26.3% |
| 1991 | 3.27 % | -42.6% |
| 1992 | 5.88 % | +79.9% |
| 1993 | 5.19 % | -11.8% |
| 1994 | 6.25 % | +20.5% |
| 1995 | 4.84 % | -22.6% |
| 1996 | 5.67 % | +17.3% |
| 1997 | 6.25 % | +10.1% |
| 1998 | 5.66 % | -9.5% |
| 1999 | 6.27 % | +10.9% |
| 2000 | 6.44 % | +2.6% |
| 2001 | 3.23 % | -49.8% |
| 2002 | 3.28 % | +1.6% |
| 2003 | 4.83 % | +47.1% |
| 2004 | 6.64 % | +37.6% |
| 2005 | 6.73 % | +1.3% |
| 2006 | 5.95 % | -11.5% |
| 2007 | 4.77 % | -19.9% |
| 2008 | 2.04 % | -57.2% |
| 2009 | -1.98 % | -196.7% |
| 2010 | 3.94 % | -299.6% |
| 2011 | 3.66 % | -7.2% |
| 2012 | 4.19 % | +14.6% |
| 2013 | 3.86 % | -8.1% |
| 2014 | 4.31 % | +11.8% |
| 2015 | 3.9 % | -9.5% |
| 2016 | 2.79 % | -28.6% |
| 2017 | 4.29 % | +54.0% |
| 2018 | 5.33 % | +24.1% |
| 2019 | 4.28 % | -19.7% |
| 2020 | -0.863 % | -120.2% |
| 2021 | 10.9 % | -1362.7% |
| 2022 | 9.82 % | -9.9% |
| 2023 | 6.59 % | -32.9% |
| 2024 | 5.28 % | -19.8% |
Biggest year-on-year movements
Years where Gross Domestic Product — Annual growth US$ in United States of America changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1362.7% | -0.863 % | 10.9 % |
| 2010 | +299.6% | -1.98 % | 3.94 % |
| 2009 | -196.7% | 2.04 % | -1.98 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.47 % | 8.41 % | 12.96 % | 9 |
| 1980s | 7.97 % | 4.26 % | 12.24 % | 10 |
| 1990s | 5.5 % | 3.27 % | 6.27 % | 10 |
| 2000s | 4.19 % | -1.98 % | 6.73 % | 10 |
| 2010s | 4.05 % | 2.79 % | 5.33 % | 10 |
| 2020s | 6.35 % | -0.863 % | 10.9 % | 5 |
Countries ranked near United States of America
- 12 Mongolia 16.04 % compare
- 12 Melanesia 5.12 % compare
- 13 Tajikistan 16.01 % compare
- 13 Polynesia 4.78 % compare
- 14 Albania 15.38 % compare
- 15 Democratic Republic of the Congo 2.68 % compare
- 15 Kenya 15.24 % compare
- 16 Democratic People's Republic of Korea 2 % compare
- 16 Sao Tome and Principe 15.18 % compare
- 17 Kyrgyzstan 15.13 % compare
- 17 United Republic of Tanzania 0.6673 % compare
- 18 Lao People's Democratic Republic -2.97 % compare
- 18 Sierra Leone 14.64 % 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$, 2015 prices 5.04 million million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.04 million million SLC (2024)
Frequently asked questions
- What is gross domestic product — annual growth us$ in United States of America?
- Gross domestic product — annual growth us$ in United States of America was 5.28 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — annual growth us$ recorded in United States of America?
- The highest recorded value was 12.96 % in 1978.
- What is the lowest gross domestic product — annual growth us$ recorded in United States of America?
- The lowest recorded value was -1.98 % in 2009.
- How does United States of America rank for gross domestic product — annual growth us$?
- United States of America ranks 15th out of 29 groups with data for 2024.
- Is gross domestic product — annual growth us$ rising or falling in United States of America?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is falling.
- Where does this United States of America data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Annual growth US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).