United States Real GDP Growth

1948 - 2020 | Quarterly | % | CEIC Data

The Gross Domestic Product (GDP) in United States contracted 2.9 % YoY in Sep 2020, following a negative growth of 9.0 % in the previous quarter. Real GDP Growth YoY data in United States is updated quarterly, available from Mar 1948 to Sep 2020, with an average rate of 3.1 %. The data reached an all-time high of 13.4 % in Dec 1950 and a record low of -9.0 % in Jun 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. The Bureau of Economic Analysis provides Real GDP in USD, at chain linked 2012 prices.

In the latest reports, Nominal GDP of United States reached 5,289.4 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 1.2 % in Sep 2020. GDP Per Capita in United States reached 59,484.0 USD in Dec 2017. Its Gross Savings Rate was measured at 16.8 % in Jun 2020.

View United States's Real GDP Growth from Mar 1948 to Sep 2020 in the chart:

United States Real GDP Growth

What was United States's Real GDP Growth in Sep 2020?

Last Previous Min Max Unit Frequency Range
-2.9 Sep 2020 -9.0 Jun 2020 -9.0 Jun 2020 13.4 Dec 1950 % quarterly Mar 1948 - Sep 2020

Real GDP Growth by Country Comparison

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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -11.0 Jun 2020 quarterly Mar 2010 - Jun 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -19.8 Jun 2020 quarterly Mar 2005 - Jun 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -6.3 Jun 2020 quarterly Sep 1960 - Jun 2020
Austria (%) -14.5 Jun 2020 quarterly Mar 1989 - Jun 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -8.9 Jun 2020 quarterly Mar 2009 - Jun 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -3.3 Jun 2020 quarterly Mar 2006 - Jun 2020

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United States Key Series

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Includes 350 key indicators for United States, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -14.9 Sep 2020 quarterly Sep 1981 - Sep 2020
Consolidated Fiscal Balance (USD mn) -284,071.000 Oct 2020 monthly Oct 1980 - Oct 2020
Tax Revenue (USD mn) 336,325.000 Dec 2020 monthly Dec 1967 - Dec 2020
Tax Revenue: % of GDP (%) 15.9 2019 yearly 1968 - 2019
National Government Debt (USD mn) 27,747,798.0 Dec 2020 monthly Jan 1969 - Dec 2020
Government Debt: % of GDP (%) 128.3 Sep 2020 quarterly Mar 1969 - Sep 2020
Forecast: Government Expenditure (USD bn) 9,257.653 2025 yearly 2001 - 2025
Forecast: Government Net Debt (USD bn) 35,294.369 2025 yearly 2001 - 2025
Forecast: Government Revenue (USD bn) 7,840.214 2025 yearly 2001 - 2025
Federal Government Receipts (USD bn) 219.553 Nov 2020 monthly Dec 1967 - Nov 2020
Federal Government Financing: Borrowing from the Public (USD bn) 251.250 Nov 2020 monthly Sep 1982 - Nov 2020
Federal Govt Receipts: Excise Taxes (USD bn) 5.602 Nov 2020 monthly Dec 1967 - Nov 2020
Federal Government Outlays (USD bn) 364.819 Nov 2020 monthly Oct 1980 - Nov 2020
Federal Debt: Public Debt Securities (PDS) (USD bn) 27,747.798 Dec 2020 monthly Jan 1969 - Dec 2020
Gross Federal Debt: Annual: Percentage of GDP (%) 106.900 2019 yearly 1940 - 2019

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