United States of America - Gross domestic product in current market prices

6,984,700.0 (million US dollars) in 2023Q4

In 4th quarter 2023, GDP for United States of America was 6,984,700 million US dollars. GDP of United States of America increased from 2,980,900 million US dollars in 1st quarter 2004 to 6,984,700 million US dollars in 4th quarter 2023 growing at an average annual rate of 1.10%.

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What is GDP?

GDP is sum of gross value added, at purchaser prices converted at market exchange rates to current U.S. dollars, by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output. It is calculated without deducting for depreciation of fabricated capital assets or for depletion and degradation of natural resources.

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What is United States of America GDP?