22k
3.6k

U.S. - Real GDP growth by year 1990-2018

Real GDP growth of the United States from 1990 to 2018

by Erin Duffin, last edited Apr 29, 2019
U.S. - Real GDP growth by year 1990-2018 This graph shows the Real GDP growth rate of the United States from 1990 to 2018. Gross domestic product (GDP) refers to the market value of all final goods and services produced within a country in a given period. The Real GDP growth is adjusted for price changes, as inflation or deflation and is chained to the U.S. dollar value of 2009. The Real GDP increased by 2.9 percent in 2018. According to the BEA, the deceleration in real GDP in 2011 primarily reflected downturns in private inventory investment and in federal government spending and a deceleration in exports that were partly offset by a deceleration in imports and an acceleration in nonresidential fixed investment. The annual GDP in current U.S. dollars can be found here. A projection of the annual inflation rate of the country can be accessed here. Also, see the US GDP for further information.
The monthly inflation rate for the country can also be accessed here.

Gross Domestic Product

The Gross Domestic Product is the market value of all goods and services produced by labor and property within a country, regardless of nationality, in a given period of time. Normally, the GDP is calculated on an annual basis and includes all private and public consumption, investments, government expenditure and net exports. The Gross Domestic Product is one of the main indicators in measuring a country’s standard of living.

The real GDP, as shown in the above statistic, is composed to compensate for changes in the value of the national currency, defined as inflation or deflation, which allows for the comparison of a country’s annual GDP over a longer period of time (i.e. several years or decades). In order to achieve this, the market value of all elements of the GDP for all shown years is chained to a preselected dollar value. In case of the U.S. real GDP, the data are chained to the 2005 U.S. dollar value to correct for inflation.

The United States has by far the largest Gross Domestic Product of any single country on the globe. Only the European Union, with the combined GDP of its 27 member states, can top the U.S. GDP, and though China’s economy has grown rapidly to become the second-largest economy by GDP, China produces only half the market value of goods and services that the United States produces.
Show more

Real GDP growth of the United States from 1990 to 2018

Loading statistic...
YearAnnual rate in percent
'182.9%
'172.2%
'161.6%
'152.9%
'142.5%
'131.8%
'122.2%
'111.6%
'102.6%
'09-2.5%
'08-0.1%
'071.9%
'062.9%
'053.5%
'043.8%
'032.9%
'021.7%
'011%
'004.1%
'994.8%
'984.5%
'974.4%
'963.8%
'952.7%
'944%
'932.8%
'923.5%
'91-0.1%
'901.9%
YearAnnual rate in percent
'182.9%
'172.2%
'161.6%
'152.9%
'142.5%
'131.8%
'122.2%
'111.6%
'102.6%
'09-2.5%
'08-0.1%
'071.9%
'062.9%
'053.5%
'043.8%
'032.9%
'021.7%
'011%
'004.1%
'994.8%
'984.5%
'974.4%
'963.8%
'952.7%
'944%
'932.8%
'923.5%
'91-0.1%
'901.9%

© Statista 2019

About this statistic

Sources: BEA; US Department of Commerce

Download Settings Share
Download started
Please be patient - this may take a moment
by Erin Duffin, last edited Apr 29, 2019
This graph shows the Real GDP growth rate of the United States from 1990 to 2018. Gross domestic product (GDP) refers to the market value of all final goods and services produced within a country in a given period. The Real GDP growth is adjusted for price changes, as inflation or deflation and is chained to the U.S. dollar value of 2009. The Real GDP increased by 2.9 percent in 2018. According to the BEA, the deceleration in real GDP in 2011 primarily reflected downturns in private inventory investment and in federal government spending and a deceleration in exports that were partly offset by a deceleration in imports and an acceleration in nonresidential fixed investment. The annual GDP in current U.S. dollars can be found here. A projection of the annual inflation rate of the country can be accessed here. Also, see the US GDP for further information.

The monthly inflation rate for the country can also be accessed here.

Gross Domestic Product

The Gross Domestic Product is the market value of all goods and services produced by labor and property within a country, regardless of nationality, in a given period of time. Normally, the GDP is calculated on an annual basis and includes all private and public consumption, investments, government expenditure and net exports. The Gross Domestic Product is one of the main indicators in measuring a country’s standard of living.

The real GDP, as shown in the above statistic, is composed to compensate for changes in the value of the national currency, defined as inflation or deflation, which allows for the comparison of a country’s annual GDP over a longer period of time (i.e. several years or decades). In order to achieve this, the market value of all elements of the GDP for all shown years is chained to a preselected dollar value. In case of the U.S. real GDP, the data are chained to the 2005 U.S. dollar value to correct for inflation.

The United States has by far the largest Gross Domestic Product of any single country on the globe. Only the European Union, with the combined GDP of its 27 member states, can top the U.S. GDP, and though China’s economy has grown rapidly to become the second-largest economy by GDP, China produces only half the market value of goods and services that the United States produces.
Show more

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

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

United States - annual GDP 1990-2018

Economy

United States - annual GDP 1990-2018

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
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

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