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