Economy of the United States

The United States has a highly developed mixed economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity. As of 2024, it... Wikipedia

  • Currency:  United States dollar (Sign: $, Code: USD), US Dollar Index
  • Fiscal year:  October 1 – September 30
  • Trade organizations:  WTO, G-20, G7, OECD, USMCA, APEC and others
  • Population:  341,413,812 (March 1, 2025)
  • GDP:  $30.337 trillion (nominal, 2025), $30.337 trillion (PPP, 2025)
  • GDP rank:  1st (nominal, 2025), 2nd (PPP, 2025)
  • GDP growth:  2.5% (2022), 2.9% (2023), 2.8% (2024), 2.7% (2025f)
  • GDP per capita:  $89,678 (nominal, 2025), $89,678 (PPP, 2025)
  • GDP per capita rank:  7th (nominal, 2025), 9th (PPP, 2025)
  • GDP by sector:  Agriculture: 0.9%, Industry: 18.9%, Services: 80.2%, (2017 est.)
  • GDP by component:  Household consumption: 67.9%, Government consumption: 17.3%, Investment in fixed capital: 17.5%, Investment in inventories: 0.2%, Exports of goods and services: 11.1%, Imports of goods and services: −14%, (2023 est.)
  • Inflation (CPI):  2.9% (2024)
  • Population below poverty line:  11.1% (2023), 36.8 million (2023)
  • Gini coefficient:  46.5 high (2023, USCB), 41.3 high (2022, World Bank), 44.3 high (2021, CBO)
  • Human Development Index:  0.927 very high (2022) (20th), 0.823 very high IHDI (27th) (2022)
  • Labor force:  168,110,083 (2024), 62.6% employment rate (2024)
  • Labor force by occupation:  Agriculture: 1.0%, Industry: 19%, Services: 80%, (FY 2018)
  • Unemployment:  4.1% (February 2025), 12.9% youth unemployment (February 2025, 16 to 19 year-olds), 7.1 million unemployed (February 2025)
  • Average gross salary:  $5,605, monthly (2023)
  • Median gross salary:  $1,041 weekly (Q2, 2022)
  • Average net salary:  $4,246, monthly (2023)
  • Main industries:  High-technology, petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, agribusiness, food processing
  • Exports:  $3.191 trillion (2024)
  • Export goods:  Agricultural products 10.7%, Fuels and mining products 9.4%, Manufacturers 74.8%, Others 5.1%
  • Main export partners:  17.9%, 16.9%, 16.2%, 7.0%, 3.9%, Other countries 38.1%
  • Imports:  $4.110 trillion (2024)
  • Import goods:  Agricultural products 10.5%, Fuels and mining products 10.7%, Manufacturers 78.4%, Others 4.2%
  • Main import partners:  18.5%, 15.5%, 13.4%, 12.6%, 4.5%, Others 35.5%
  • FDI stock:  Inward: $367 billion (2021), Outward: $403 billion (2021)
  • Current account:  −$948.64 billion (2024), −3.25% of GDP (2024)
  • Gross external debt:  $27 trillion (2023)
  • Public debt:  $35.294 trillion, 121% of GDP (2024)
  • Revenues:  $8.720 trillion, 29.9% of GDP (2024)
  • Expenses:  $10.945 trillion, 37.5% of GDP (2024), Government spending in the United States
  • Economic aid:  donor: ODA, $35.26 billion (2017)
  • Credit rating:  Standard & Poor's, AA+ (Domestic), AA+ (Foreign), AAA (T&C Assessment), Outlook: Stable, Moody's, Aaa, Outlook: Stable, Fitch, AA+, Outlook: Stable, Scope Ratings, AA, Outlook: Negative
  • Foreign reserves:  $250 billion (2024)
  • Data source:  DuckDuckGo