2015 GDP Real GDP increased 2.4 percent in 2015 (that is, from the 2014 annual level to the 2015 annual level), the same rate as in 2014.
The GDP figure in 2015 was $18,238,300 million , United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $711,000 million with respect to 2014.
Real GDP increased 1.6 percent in 2016 (that is, from the 2015 annual level to the 2016 annual level), compared with an increase of 2.6 percent in 2015 (table 1).
U.S. gdp growth rate for 2019 was 2.16%, a 0.77% decline from 2018. U.S. gdp growth rate for 2018 was 2.93%, a 0.56% increase from 2017. U.S. gdp growth rate for 2017 was 2.37%, a 0.73% increase from 2016. U.S. gdp growth rate for 2016 was 1.64%, a 1.27% decline from 2015.
In 2014 , for example, the economy rose at an annual rate of 5.1% in the second quarter and by 4.9% in the third quarter. Compared with the second quarter of 2017, the economy grew by 2.8% in the April-June period.
Current-dollar GDP decreased 2.3 percent, or $500.6 billion, in 2020 to a level of $20.93 trillion, compared with an increase of 4.0 percent, or $821.3 billion, in 2019 (tables 1 and 3).
New statistics released today by the U.S. Bureau of Economic Analysis show that economic growth slowed in most states and regions of the U.S. in 2008 as economic growth overall slowed. Growth in real U.S. GDP by state slowed from 2.0 percent in 2007 to 0.7 percent in 2008 .
In 2015 and 2016, the United States experienced the second type of event. There was a sharp slowdown in business investment, caused by an interrelated weakening in emerging markets, a drop in the price of oil and other commodities, and a run-up in the value of the dollar.
Top 10 Largest Economies In The World by GDP Nominal (2015)
|Rank||Country||2015 T $|
The GDP figure in 2016 was $18,745,100 million , United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $506,800 million with respect to 2015.
India gdp growth rate for 2018 was 6.12%, a 0.92% decline from 2017. India gdp growth rate for 2017 was 7.04%, a 1.21% decline from 2016. India gdp growth rate for 2016 was 8.26%, a 0.26% increase from 2015.
The statistics were compiled from the International Monetary Fund World Economic Outlook Database with the vast majority of estimates corresponding to the 2019 calendar year. List (2019)
|Rank||Country/region||Real GDP growth rate (%)|
Current‑dollar GDP increased 38.0 percent, or $1.64 trillion , in the third quarter to a level of $21.16 trillion . In the second quarter, GDP decreased 32.8 percent, or $2.04 trillion (tables 1 and 3).
The current U.S. gross domestic product ( GDP ) growth rate is 33.1% for the third quarter of 2020.
U.S. GDP by Year Since 1929 Compared to Major Events
|Year||Nominal GDP (trillions)||GDP Growth Rate|