Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook 1920–1939: The Roaring Twenties and the Great Depression. California would be the fifth largest economy in the world. Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com. The Gross Domestic Product (GDP) in the United States was worth 21427.70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. State personal consumption expenditures (PCE) increased 3.9 percent in 2019, a deceleration from the 4.9 percent increase in 2018. The BEA sub-divides personal consumption expenditures into goods and services. Register in seconds and access exclusive features. Figures before 2005 were for full years only. US real GDP growth by year took a nosedive and the whole country was plunged into despair, with thousands of people losing their jobs and their fortunes.. It’s difficult to pin down one event as the cause of this severe economic downturn. The percent change in real GDP ranged from 62.5 percent in Greensville + Emporia, VA, to … GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2019. ... 1960 - 2019 GDP … Healthcare spending as a percentage as of the US GDP has plateaued. India, Japan, and Indonesia are third, fourth and fifth largest contributer, respectively. The current U.S. gross domestic product (GDP) growth rate is 33.4% for the third quarter of 2020. The period from which the weights for a measurement series are derived. GDP United States third quarter of 2020 GDP rises 2% in United States in third quarter Gross … Rebasing changes the reference year (or base year) for the real (chained dollar and quantity index) estimates and price indexes and expresses GDP and other NIPA aggregates … Figure 3: Healthcare Spending vs GDP Growth in the United States. "Percentage added to the Gross Domestic Product (GDP) of the United States of America in 2019, by industry (as a percentage of GDP)." In, BEA, und US Department of Commerce. (billed annually). Please refer to the dataset Gross domestic product (GDP), 2019 archive to access longer time series based on the methodology prior to the 2019 benchmark revisions. Please refer to the dataset Gross domestic product (GDP), 2019 archive to access longer time series based on the methodology prior to the 2019 benchmark revisions. IMF forecasts US GDP to reach $20,513 billion and GDP per capita to reach $62,518 by 2018. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. The US GDP during 1980 was $2,857 billion and GDP per capita was $12,553. Please authenticate by going to "My account" → "Administration". Upgrade now. During 2018, the US real GDP growth was 2.9%. US GDP as a percentage of World GDP: Formula: US GDP * 100.00 / World GDP: Historical Data. Agriculture, food, and related industries contributed $1.109 trillion to the U.S. gross domestic product (GDP) in 2019, a 5.2-percent share. This feature is limited to our corporate solutions. It's the best way to compare different years. The latest number compares with 13.4% for real estate, 12.8% for professional and business services and 12.3% for governments, according to the figures on GDP by industry. Please create an employee account to be able to mark statistics as favorites. The above 15 economies represent a whopping 75% of total global GDP, which added up to $85.8 trillion in 2018 according to the World Bank. This first list is a list of countries by military expenditure share of GDP—more specifically, a list of the top 15 countries by percentage share in recent years—the amount spent by a nation on its military as a share of its GDP.. Three years after Donald Trump campaigned for president pledging a factory renaissance, the opposite appears to be happening. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Many people may be aware of the ballooning US government debt, which is now approaching $20 trillion in 2017. The United States experienced some of its best years of job gains in 2014 and 2015 in Obama’s second term when the economy added more than 225,000 jobs a … Most interestingly, the gap between China and the United States is narrowing — and in nominal terms, China’s economy is now 66.4% the size. Gross Domestic Product (GDP), by state 2019, GVA distribution in India FY 2019 by sector, Annual U.S. GDP growth, by quarter 2010-2020, Annual growth of the real GDP in Virginia 2000-2019, Percentage added to the Gross Domestic Product (GDP) of the United States of America in 2019, by industry (as a percentage of GDP), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Finance, insurance, real estate, rental, and leasing, Educational services, health care, and social assistance, Arts, entertainment, recreation, accommodation, and food services, Agriculture, forestry, fishing, and hunting. If California were its own nation, it would … GDP (current US$) - European Union, United States, China from The World Bank: Data. The United States economy broke out of its decade-long slough in 2018 with its strongest growth since the financial crisis and recession. Learn more about how Statista can support your business. A closer view of 2018 shows that the impressive annual real GDP growth of 2.9 percent was bolstered by strong contribution from growth in the professional and business services (0.6 percentage points), followed by the manufacturing; trade, transport, and warehousing; and information industries (close to 0.5 percentage points each) (figure 3). The data presented covers projections of real GDP growth, characterizing each country's output of final goods … In 2019, that was $13.28 trillion. If the territories are included, the total is 21,845,847 million. US GDP Growth Rate table by year, historic, and current data. GDP (nominal) of United States has increased by $859 billion in 2019 followed by China with $772 billion. Manufacturing made up 11% of gross domestic product in the second quarter, the smallest share in data going back to 1947 and down from 11.1% in the prior period, a Commerce Department report showed Tuesday. Read more about Budget 2019: Govt allots Rs 4.3 trn for defence, down to nearly 2% of GDP on Business Standard. GDP (current US$) - European Union, United States, China from The World Bank: Data. 14  Q4: 2.4% The fourth quarter of 2019 saw a 2.4% increase, just slightly higher than the BEA's original estimates of … Agriculture, food, and related industries contributed $1.109 trillion to the U.S. gross domestic product (GDP) in 2019, a 5.2-percent share. "Percentage Added to The Gross Domestic Product (Gdp) of The United States of America in 2019, by Industry (as a Percentage of Gdp). ... 1960 - 2019 GDP … The national income and product accounts (NIPAs) currently use the year 2000 as the base period. Total output from manufacturing was $2,334.60 billion in 2018. United States Export Facts. View and export this data back to 1960. In 2019, military spending accounted for 3.4% of U.S. GDP. State and local spending data for individual states begins in 1957. Gross … and over 1 Mio. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In 2019, the mining industry added 1.5 percent … Detailed table of spending data sources here. source: World Bank 10Y 25Y and over 1 Mio. That was … During 2018, the US GDP per capita was $62,606. $) Share in 2019 (%) Rank PPP/Nom; 2018 2019 Change N. America World N. America World; Antigua and Barbuda: 2.583 US Wholesale Inventories Revised to a Flat Reading, US Jobless Rate Remains Well Above Pre-Pandemic Levels, US Average Hourly Earnings Rise More than Expected, ISM Non-Manufacturing PMI at 3-Month High, Egypt Inflation Rate Eases to 5.4% in December, FDI into the Philippines Smallest in 6 Months, Brazilian Shares Finish at New Record High. B. Find Out . The current base year for GDP calculations is 2012. ", BEA & US Department of Commerce, Percentage added to the Gross Domestic Product (GDP) of the United States of America in 2019, by industry (as a percentage of GDP) Statista, https://www.statista.com/statistics/248004/percentage-added-to-the-us-gdp-by-industry/ (last visited January 11, 2021), Percentage added to the Gross Domestic Product (GDP) of the United States of America in 2019, by industry, UK economic and financial indicators post Brexit referendum, Forecasted effect of Brexit on real GDP in the United Kingdom (UK) in 2030, Forecasted effect of Brexit on GBP per household in the United Kingdom (UK) in 2030, Monthly development of the FTSE 100 Index capital return 2016-2020, Monthly development of the FTSE 250 Index (capital return) 2015-2020, Reaction of stock exchanges to Brexit 2016, Monthly Consumer Confidence Index (CCI) in the UK 2015-2017, Monthly Consumer Confidence Index (CCI) in the UK 2015-2016, Monthly Consumer Confidence Index (CCI) in the EU 2015-2017, Business Confidence Index (BCI) in the UK 2018-2020, Forecasted EUR GBP exchange rate profiles under different Brexit scenarios 2016-2019, Post-Brexit: forecasted losses in UK total exports by main EU market 2015, Post-Brexit: forecasted losses in total UK exports 2015, by scenario and sector, Potential cost of EU tariffs on food exports from UK to European Union (EU) in 2015, Producer Price Index (PPI) of the United Kingdom 1996-2019, Quarterly Producer Price Index (PPI) of the United Kingdom 2000-2020, Producer Price Index (PPI) UK - input prices (excl. 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