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US real GDPUU

US real GDP

23.53 TUSDR
−16.2 B
USD
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USGDPCP chart


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Key data points


Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
‪23.54 T‬ USD on Dec 31, 2024
Lowest
‪2.35 T‬ USD on Mar 31, 1950

About US real GDP


Category
GDP
Source
Bureau of Economics Analysis
Frequency
Quarterly
Units
USD

USA in figures — see more economic indicators tied to USGDPCP.
USFYGDPG
R
Full Year GDP Growth
2.8%
USGDP
R
GDP
27.72 TUSD
USGDPA
R
GDP From Agriculture
203.5 BUSD
USGDPC
R
GDP From Construction
873.8 BUSD
USGDPCP
R
Real GDP
23.53 TUSD
USGDPMAN
R
GDP From Manufacturing
2.41 TUSD
USGDPMIN
R
GDP From Mining
343.6 BUSD
USGDPPA
R
GDP From Public Administration
2.65 TUSD
USGDPPC
R
GDP Per Capita
65.88 KUSD
USGDPPCP
R
GDP Per Capita PPP
74.58 KUSD
USGDPQQ
R
GDP Growth Rate
2.4%
USGDPS
R
GDP From Services
17.05 TUSD
USGDPSA
R
GDP Sales
−2.5%
USGDPT
R
GDP From Transport
730.5 BUSD
USGDPU
R
GDP From Utilities
350.8 BUSD
USGDPYY
R
GDP Growth
2%
USGFCF
R
Gross Fixed Capital Formation
4.35 TUSD
USGNP
R
Gross National Product
23.62 TUSD
USRCNSMSPND
R
Real Consumer Spending
1.8%
USWEI
R
Weekly Economic Index
%

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter US real GDP was 23.53 T USD, and the quarter before it reached 23.54 T USD.