Subnational government investment — Direct investment in United States of America

United States of America: Subnational government investment — Direct investment was 3.43 Percentage of GDP in 2024. ▼ Falling

Latest (2024)
3.43 Percentage of GDP
Change on year
up 2.0%
World rank
23rd
of 36 countries
All-time high
4.2 Percentage of GDP
in 2009
All-time low
2.9 Percentage of GDP
in 2022
Years of data
25
2000–2024

Subnational government investment — Direct investment in United States of America, 2000–2024

012342000201220242000: 3.7 Percentage of GDP2001: 3.8 Percentage of GDP2002: 3.9 Percentage of GDP2003: 3.9 Percentage of GDP2004: 3.8 Percentage of GDP2005: 3.8 Percentage of GDP2006: 3.7 Percentage of GDP2007: 3.9 Percentage of GDP2008: 4 Percentage of GDP2009: 4.2 Percentage of GDP2010: 4.1 Percentage of GDP2011: 3.9 Percentage of GDP2012: 3.7 Percentage of GDP2013: 3.4 Percentage of GDP2014: 3.3 Percentage of GDP2015: 3.1 Percentage of GDP2016: 3.3 Percentage of GDP2017: 3.3 Percentage of GDP2018: 3.4 Percentage of GDP2019: 3.5 Percentage of GDP2020: 3.7 Percentage of GDP2021: 3.3 Percentage of GDP2022: 2.9 Percentage of GDP2023: 3.4 Percentage of GDP2024: 3.4 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

In 2024, subnational government investment — direct investment in United States of America stood at 3.43 Percentage of GDP.

The figure is up 2.0% on the previous year and up 4.7% over ten years.

Over the whole period, subnational government investment — direct investment in United States of America peaked at 4.2 Percentage of GDP in 2009 and was at its lowest, 2.9 Percentage of GDP, in 2022.

United States of America ranks 23rd of 36 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Subnational government investment — Direct investment in United States of America, year by year

Annual values for Subnational government investment — Direct investment in United States of America, 2000 to 2024.
Year Percentage of GDP Change
2000 3.67 Percentage of GDP
2001 3.76 Percentage of GDP +2.6%
2002 3.94 Percentage of GDP +4.6%
2003 3.91 Percentage of GDP -0.7%
2004 3.85 Percentage of GDP -1.5%
2005 3.78 Percentage of GDP -1.8%
2006 3.74 Percentage of GDP -1.0%
2007 3.94 Percentage of GDP +5.2%
2008 3.96 Percentage of GDP +0.7%
2009 4.2 Percentage of GDP +6.1%
2010 4.1 Percentage of GDP -2.5%
2011 3.92 Percentage of GDP -4.5%
2012 3.66 Percentage of GDP -6.6%
2013 3.4 Percentage of GDP -7.0%
2014 3.28 Percentage of GDP -3.5%
2015 3.13 Percentage of GDP -4.5%
2016 3.28 Percentage of GDP +4.7%
2017 3.34 Percentage of GDP +2.0%
2018 3.41 Percentage of GDP +1.9%
2019 3.46 Percentage of GDP +1.5%
2020 3.69 Percentage of GDP +6.7%
2021 3.35 Percentage of GDP -9.3%
2022 2.9 Percentage of GDP -13.5%
2023 3.37 Percentage of GDP +16.3%
2024 3.43 Percentage of GDP +2.0%

United States of America compared with similar countries

  • United States of America's 3.43 Percentage of GDP is below the median for high income countries, which is 4.04 Percentage of GDP, 85% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.87 Percentage of GDP 3.67 Percentage of GDP 4.2 Percentage of GDP 10
2010s 3.5 Percentage of GDP 3.13 Percentage of GDP 4.1 Percentage of GDP 10
2020s 3.35 Percentage of GDP 2.9 Percentage of GDP 3.69 Percentage of GDP 5

Countries ranked near United States of America

  1. 20 Australia 3.66 Percentage of GDP compare
  2. 21 Italy 3.65 Percentage of GDP compare
  3. 22 OECD 3.53 Percentage of GDP compare
  4. 24 United Kingdom of Great Britain and Northern Ireland 3.2 Percentage of GDP compare
  5. 25 Belgium 3.19 Percentage of GDP compare
  6. 26 Netherlands 3.18 Percentage of GDP compare

See the full ranking of 42 places →

More economy & growth data for United States of America

All data for United States of America →

Frequently asked questions

What is subnational government investment — direct investment in United States of America?
Subnational government investment — direct investment in United States of America was 3.43 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest subnational government investment — direct investment recorded in United States of America?
The highest recorded value was 4.2 Percentage of GDP in 2009.
What is the lowest subnational government investment — direct investment recorded in United States of America?
The lowest recorded value was 2.9 Percentage of GDP in 2022.
How does United States of America rank for subnational government investment — direct investment?
United States of America ranks 23rd out of 36 countries with data for 2024.
Is subnational government investment — direct investment rising or falling in United States of America?
Over the last ten years it is up 4.7%. The long-run trend across the full record is falling.
Where does this United States of America data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Subnational government investment — Direct investment. Statizoid updates them automatically from the source API.

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Subnational government investment — Direct investment in United States of America. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/subnational-government-investment-direct-investment/united-states/

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About this data

Indicator
Subnational government investment — Direct investment
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
42 places, 1,035 data points, 2000–2024
Last refreshed

This dataset includes subnational government investment expressed in several units of measures: USD PPP, USD PPP per capita, percentage of GDP, and percentage of total public investment. The Subnational Government Structure and Finance Dashboard compiles several datasets with comparable data on institutional organisation and public finance at subnational government level. It provides data for the time period 2000 - 2024 (based on data availability), for all 38 OECD member countries, and the average for the European Union. It includes data for the subnational government sector, for both state and local government levels for some federal countries. The data for the latest year available is also available in PDF format and via an Interactive dashboard.