Gross Domestic Product — Value Standard Local Currency, annual growth in United States
United States: Gross Domestic Product — Value Standard Local Currency, annual growth was 5.28 % change on previous year in 2024. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, annual growth in United States, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, annual growth in United States is 5.28 % change on previous year, measured in 2024.
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 — value standard local currency, annual growth in United States peaked at 12.96 % change on previous year in 1978 and was at its lowest, -1.98 % change on previous year, in 2009.
United States ranks 143rd of 218 countries 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 — Value Standard Local Currency, annual growth in United States, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.53 % change on previous year | — |
| 1972 | 9.81 % change on previous year | +15.0% |
| 1973 | 11.44 % change on previous year | +16.6% |
| 1974 | 8.41 % change on previous year | -26.5% |
| 1975 | 9.04 % change on previous year | +7.5% |
| 1976 | 11.19 % change on previous year | +23.8% |
| 1977 | 11.13 % change on previous year | -0.6% |
| 1978 | 12.96 % change on previous year | +16.5% |
| 1979 | 11.73 % change on previous year | -9.5% |
| 1980 | 8.75 % change on previous year | -25.3% |
| 1981 | 12.24 % change on previous year | +39.8% |
| 1982 | 4.26 % change on previous year | -65.2% |
| 1983 | 8.68 % change on previous year | +103.6% |
| 1984 | 11.11 % change on previous year | +27.9% |
| 1985 | 7.46 % change on previous year | -32.8% |
| 1986 | 5.55 % change on previous year | -25.7% |
| 1987 | 6.02 % change on previous year | +8.5% |
| 1988 | 7.85 % change on previous year | +30.5% |
| 1989 | 7.74 % change on previous year | -1.5% |
| 1990 | 5.7 % change on previous year | -26.3% |
| 1991 | 3.27 % change on previous year | -42.6% |
| 1992 | 5.88 % change on previous year | +79.9% |
| 1993 | 5.19 % change on previous year | -11.8% |
| 1994 | 6.25 % change on previous year | +20.5% |
| 1995 | 4.84 % change on previous year | -22.6% |
| 1996 | 5.67 % change on previous year | +17.3% |
| 1997 | 6.25 % change on previous year | +10.1% |
| 1998 | 5.66 % change on previous year | -9.5% |
| 1999 | 6.27 % change on previous year | +10.8% |
| 2000 | 6.44 % change on previous year | +2.6% |
| 2001 | 3.23 % change on previous year | -49.8% |
| 2002 | 3.28 % change on previous year | +1.6% |
| 2003 | 4.82 % change on previous year | +47.0% |
| 2004 | 6.64 % change on previous year | +37.6% |
| 2005 | 6.73 % change on previous year | +1.3% |
| 2006 | 5.95 % change on previous year | -11.5% |
| 2007 | 4.77 % change on previous year | -19.9% |
| 2008 | 2.04 % change on previous year | -57.1% |
| 2009 | -1.98 % change on previous year | -196.7% |
| 2010 | 3.94 % change on previous year | -299.6% |
| 2011 | 3.66 % change on previous year | -7.2% |
| 2012 | 4.19 % change on previous year | +14.6% |
| 2013 | 3.86 % change on previous year | -8.1% |
| 2014 | 4.31 % change on previous year | +11.8% |
| 2015 | 3.9 % change on previous year | -9.5% |
| 2016 | 2.79 % change on previous year | -28.6% |
| 2017 | 4.29 % change on previous year | +54.0% |
| 2018 | 5.33 % change on previous year | +24.1% |
| 2019 | 4.28 % change on previous year | -19.7% |
| 2020 | -0.863 % change on previous year | -120.2% |
| 2021 | 10.9 % change on previous year | -1362.7% |
| 2022 | 9.82 % change on previous year | -9.9% |
| 2023 | 6.59 % change on previous year | -32.9% |
| 2024 | 5.28 % change on previous year | -19.8% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth in United States 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 % change on previous year | 10.9 % change on previous year |
| 2010 | +299.6% | -1.98 % change on previous year | 3.94 % change on previous year |
| 2009 | -196.7% | 2.04 % change on previous year | -1.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.47 % change on previous year | 8.41 % change on previous year | 12.96 % change on previous year | 9 |
| 1980s | 7.97 % change on previous year | 4.26 % change on previous year | 12.24 % change on previous year | 10 |
| 1990s | 5.5 % change on previous year | 3.27 % change on previous year | 6.27 % change on previous year | 10 |
| 2000s | 4.19 % change on previous year | -1.98 % change on previous year | 6.73 % change on previous year | 10 |
| 2010s | 4.05 % change on previous year | 2.79 % change on previous year | 5.33 % change on previous year | 10 |
| 2020s | 6.35 % change on previous year | -0.863 % change on previous year | 10.9 % change on previous year | 5 |
Countries ranked near United States
- 140 Greece 5.5 % change on previous year compare
- 141 Eswatini 5.47 % change on previous year compare
- 142 Eritrea 5.42 % change on previous year compare
- 144 United Kingdom 5.16 % change on previous year compare
- 145 Czechia 5.15 % change on previous year compare
- 146 Grenada 5.09 % change on previous year compare
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in United States?
- Gross domestic product — value standard local currency, annual growth in United States was 5.28 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in United States?
- The highest recorded value was 12.96 % change on previous year in 1978.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in United States?
- The lowest recorded value was -1.98 % change on previous year in 2009.
- How does United States rank for gross domestic product — value standard local currency, annual growth?
- United States ranks 143rd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in United States?
- 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 data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.