41k
9.6k

Annual U.S. GDP 1990-2018

Gross domestic product (GDP) of the United States from 1990 to 2018 (in billion current U.S. dollars )

by Erin Duffin, last edited Apr 29, 2019
Annual U.S. GDP 1990-2018 This statistic shows the development of the gross domestic product of the United States of America from 1990 to 2018. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. The U.S. GDP increased to about 20.5 trillion U.S. dollars in 2018. The annual growth rate of the Real GDP can be found here. Currently, the United States is ranked first in the world GDP ranking. See, for example, the Russian GDP for comparison.


U.S. Finances

The gross domestic product (GDP) is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

Although the United States had the highest Gross Domestic Product (GDP) in the world in 2017, the national debts of the United States are rising steadily. The national debt of the United States amounted to 16,707.32 billion U.S. dollars in 2012 and grew up to 20,498.52 billion U.S. dollars in 2017.

A ranking of individual state debt in the United States shows that California is the state with the highest amount of debt in the United States, while New York was on rank 2, New York’s debt amounted to 387.47 billion U.S. dollars. Vermont, North Dakota and South Dakota are the states with the lowest amount of debt.

The U.S. government receives a part of its budget from taxpayers. According to the U.S. Census Bureau, the American government’s tax revenue was about 911.7 billion U.S. dollars in 2015.

Since 2002, the total amounts of the receipts are lower than the amount of the outlays of the United States and the U.S. Office of Management and Budget forecast that the gap between the receipts and outlays of the United States will not close until 2019.
The result of this development is that the U.S. won't be able to reduce the national debt within the coming decade.
Show more

Gross domestic product (GDP) of the United States from 1990 to 2018 (in billion current U.S. dollars )

Loading statistic...
Expand statistic
YearGDP (in billion current U.S. dollars)
201820,500.6
201719,485.4
201618,707.2
201518,219.3
201417,521.7
201316,784.9
201216,197
201115,542.6
201014,992.1
200914,448.9
200814,712.8
200714,451.9
200613,814.6
200513,036.6
200412,213.7
200311,458.2
200210,936.4
200110,581.8
200010,252.3
19999,630.7
19989,062.8
19978,577.6
19968,073.1
19957,639.7
19947,287.2
19936,858.6
19926,520.3
19916,158.1
19905,963.1
YearGDP (in billion current U.S. dollars)
201820,500.6
201719,485.4
201618,707.2
201518,219.3
201417,521.7
201316,784.9
201216,197
201115,542.6
201014,992.1
200914,448.9
200814,712.8
200714,451.9
200613,814.6
200513,036.6
200412,213.7
200311,458.2
200210,936.4
200110,581.8
200010,252.3
19999,630.7
19989,062.8
19978,577.6
19968,073.1
19957,639.7
19947,287.2
19936,858.6
19926,520.3
19916,158.1
19905,963.1

© Statista 2019

About this statistic

Source: BEA

Download Settings Share
Download started
Please be patient - this may take a moment
by Erin Duffin, last edited Apr 29, 2019
This statistic shows the development of the gross domestic product of the United States of America from 1990 to 2018. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. The U.S. GDP increased to about 20.5 trillion U.S. dollars in 2018. The annual growth rate of the Real GDP can be found here. Currently, the United States is ranked first in the world GDP ranking. See, for example, the Russian GDP for comparison.



U.S. Finances

The gross domestic product (GDP) is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

Although the United States had the highest Gross Domestic Product (GDP) in the world in 2017, the national debts of the United States are rising steadily. The national debt of the United States amounted to 16,707.32 billion U.S. dollars in 2012 and grew up to 20,498.52 billion U.S. dollars in 2017.

A ranking of individual state debt in the United States shows that California is the state with the highest amount of debt in the United States, while New York was on rank 2, New York’s debt amounted to 387.47 billion U.S. dollars. Vermont, North Dakota and South Dakota are the states with the lowest amount of debt.

The U.S. government receives a part of its budget from taxpayers. According to the U.S. Census Bureau, the American government’s tax revenue was about 911.7 billion U.S. dollars in 2015.

Since 2002, the total amounts of the receipts are lower than the amount of the outlays of the United States and the U.S. Office of Management and Budget forecast that the gap between the receipts and outlays of the United States will not close until 2019.
The result of this development is that the U.S. won't be able to reduce the national debt within the coming decade.
Show more
You need to log in to download this statistic
Register for free
Already a member?
Log in

Other statistics on the topic

GDP of the United States
Real GDP growth in the United States, by quarter 2011-2019

Economy

Real GDP growth in the United States, by quarter 2011-2019

Annual growth rate of U.S. real GDP 1990-2018

Economy

Annual growth rate of U.S. real GDP 1990-2018

Countries with the largest gross domestic product (GDP) 2017

Other

Countries with the largest gross domestic product (GDP) 2017

Countries with the largest gross domestic product (GDP) per capita 2017

Other

Countries with the largest gross domestic product (GDP) per capita 2017

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Gross Domestic Product (GDP) of the U.S.
Gross Domestic Product (GDP) of the U.S.

All Information
in one Presentation

Gross Domestic Product (GDP) of the U.S.
  • 64 page/s
  • English
  • pptx
  • Detailed references

Everything On "Gross Domestic Product (GDP) of the U.S." in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Go to dossier
Other Reports & Dossiers
Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Gross Domestic Product (GDP) of the U.S."
  • Overview
The most important statistics
  • GDP by sector and industry
  • GDP by state
  • GDP by metropolitan area
  • International comparison
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
Topics
Studies
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

Menu