Level Chart

Basic Info

US GDP is at a current level of 27.94T, up from 27.61T last quarter and up from 26.41T one year ago. This is a change of 1.21% from last quarter and 5.82% from one year ago.

US GDP or Gross Domestic Product is the total value of goods produced and services provided in the US. It is a vital indicator to analyze the health of the US economy. The metric is calculated as the sum of Private Consumption, Gross Investment, Government Spending and Net Exports. Two quarters of consecutive negative real GDP growth signifies a recession. Additionally, GDP is used by the FOMC as a gauge to make their interest rate decisions. In the post World War II boom years, US GDP grew as high as 26.80% in a year, but by the late 20th century 2-7% nominal growth was more the norm.

Stats

Last Value 27.94T
Latest Period Dec 2023
Last Updated Feb 28 2024, 08:32 EST
Next Release Mar 28 2024, 08:30 EDT (R)
Average Growth Rate 6.26%
Value from Last Quarter 27.61T
Change from Last Quarter 1.21%
Value from 1 Year Ago 26.41T
Change from 1 Year Ago 5.82%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
Download Source File Upgrade

Historical Data

View and export this data back to 1947. Upgrade now.
Date Value
December 31, 2023 27.94T
September 30, 2023 27.61T
June 30, 2023 27.06T
March 31, 2023 26.81T
December 31, 2022 26.41T
September 30, 2022 25.99T
June 30, 2022 25.54T
March 31, 2022 25.03T
December 31, 2021 24.65T
September 30, 2021 23.83T
June 30, 2021 23.29T
March 31, 2021 22.60T
December 31, 2020 22.02T
September 30, 2020 21.65T
June 30, 2020 19.91T
March 31, 2020 21.71T
December 31, 2019 21.90T
September 30, 2019 21.69T
June 30, 2019 21.38T
March 31, 2019 21.10T
December 31, 2018 20.92T
September 30, 2018 20.80T
June 30, 2018 20.58T
March 31, 2018 20.33T
December 31, 2017 20.04T
Date Value
September 30, 2017 19.69T
June 30, 2017 19.44T
March 31, 2017 19.15T
December 31, 2016 18.97T
September 30, 2016 18.78T
June 30, 2016 18.61T
March 31, 2016 18.43T
December 31, 2015 18.33T
September 30, 2015 18.31T
June 30, 2015 18.19T
March 31, 2015 17.99T
December 31, 2014 17.85T
September 30, 2014 17.74T
June 30, 2014 17.46T
March 31, 2014 17.14T
December 31, 2013 17.13T
September 30, 2013 16.91T
June 30, 2013 16.70T
March 31, 2013 16.63T
December 31, 2012 16.42T
September 30, 2012 16.32T
June 30, 2012 16.21T
March 31, 2012 16.07T
December 31, 2011 15.84T
September 30, 2011 15.65T

Basic Info

US GDP is at a current level of 27.94T, up from 27.61T last quarter and up from 26.41T one year ago. This is a change of 1.21% from last quarter and 5.82% from one year ago.

US GDP or Gross Domestic Product is the total value of goods produced and services provided in the US. It is a vital indicator to analyze the health of the US economy. The metric is calculated as the sum of Private Consumption, Gross Investment, Government Spending and Net Exports. Two quarters of consecutive negative real GDP growth signifies a recession. Additionally, GDP is used by the FOMC as a gauge to make their interest rate decisions. In the post World War II boom years, US GDP grew as high as 26.80% in a year, but by the late 20th century 2-7% nominal growth was more the norm.

Stats

Last Value 27.94T
Latest Period Dec 2023
Last Updated Feb 28 2024, 08:32 EST
Next Release Mar 28 2024, 08:30 EDT (R)
Average Growth Rate 6.26%
Value from Last Quarter 27.61T
Change from Last Quarter 1.21%
Value from 1 Year Ago 26.41T
Change from 1 Year Ago 5.82%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
Download Source File Upgrade