US GDP : 29016.714 (As of 2024-04-01)

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Basic Info

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. Calculated as the sum of personal consumption expenditures, business investments, government spending, and net exports (exports minus imports), GDP serves as a comprehensive indicator of the nation's economic health and growth.

US GDP was 29016.714 as of 2024-04-01, according to Bureau of Economic Analysis. Historically, US GDP reached a record high of 29016.714 and a record low of 243.164, the median value is 4415.434. Typical value range is from 18 to 25. The Year-Over-Year growth is 5.68%. GuruFocus provides the current actual value, an historical data chart and related indicators for US GDP - last updated on 2024-04-01.

Category National Accounts
Region USA
Source Bureau of Economic Analysis

Stats

Name Value
Last Value 29016.714
Latest Period 2024-04-01
Long Term Average 21,842.64
Average Annualized Growth Rate +6.38%
Value from 1 year ago 27453.815
Change from 1 year ago +5.69%
Frequency Quarterly
Unit Billion USD
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