The Gross Domestic Product (GDP) of the United States is a measure of the country’s economic output. It is the total value of all goods and services produced in the country over a given period of time. The GDP is an important indicator of the country’s economic health and is used to measure the standard of living of its citizens.
According to the World Bank, the GDP of the United States has been steadily increasing over the past decade. In 2014, the GDP was $17,550.68 billion, and by 2022, it had grown to $25,462.70 billion. The GDP growth rate has been fluctuating over the years, with a decline of 2.60% in 2009 and an increase of 10.71% in 2021. The GDP per capita, which is the GDP divided by the population, has also been increasing over the years. In 2014, the GDP per capita was $55,124, and by 2022, it had grown to $76,399.
The Statista website provides a detailed breakdown of the GDP of the United States over the past decade. According to their data, the GDP of the United States was $14,478.06 billion in 2009 and grew to $21,060.47 billion in 2020. The GDP growth rate has been fluctuating over the years, with a decline of 2.77% in 2020 and an increase of 5.95% in 2021.
The GlobalData website provides a more detailed analysis of the real GDP of the United States between 2010 and 2021. According to their data, the real GDP grew at a compound annual growth rate (CAGR) of 2.0% during this period.
In conclusion, the GDP of the United States has been steadily increasing over the past decade, with some fluctuations in the growth rate. The GDP per capita has also been increasing over the years, indicating an improvement in the standard of living of the citizens. The real GDP growth
U.s. Gdp Chart Last 10 Years image
