United States GDP Annual Growth Rate
Last Release
Sep 2019
Actual
2.1 %
Forecast
N/A
Previous
2.3 %
Frequency
Quarterly
Units In
%
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
13.4 % Dec 1950 | -3.9 % Jun 2009 | 3.2 % | 1948 - 2019 | U.S. Bureau of Economic Analysis |
The United States is the world’s largest economy. Yet, in the last two decades, like in the case of many other developed nations, its growth rates have been decreasing. If in the 50’s and 60’s the average growth rate was above 4 percent, in the 70’s and 80’s dropped to around 3 percent. In the last ten years, the average rate has been below 2 percent and since the second quarter of 2000 has never reached the 5 percent level.
United States GDP Annual Growth Rate History
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United States gdp Indicators
All United States indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| GDP | 20,494.1 Dec 2018 | 19,485.39 Dec 2017 | 543.3 Dec 1960 | 20,494.1 Dec 2018 | USD Billion | Yearly | 1960 - 2018 |
| GDP Annual Growth Rate | 2.1 Sep 2019 | 2.3 Jun 2019 | -3.9 Jun 2009 | 13.4 Dec 1950 | % | Quarterly | 1948 - 2019 |
| GDP Constant Prices | 19,121.11 Sep 2019 | 19,021.86 Jun 2019 | 2,184.87 Mar 1950 | 19,121.11 Sep 2019 | USD Billion | Quarterly | 1950 - 2019 |
| GDP From Agriculture | 243.1 Sep 2019 | 238.5 Jun 2019 | 168.4 Sep 2007 | 243.1 Sep 2019 | USD Billion | Quarterly | 2005 - 2019 |
| GDP From Construction | 651.4 Sep 2019 | 654.8 Jun 2019 | 531.7 Mar 2011 | 794.5 Mar 2005 | USD Billion | Quarterly | 2005 - 2019 |
| GDP From Manufacturing | 2,190.4 Sep 2019 | 2,167.3 Jun 2019 | 1,798.6 Mar 2009 | 2,190.4 Sep 2019 | USD Billion | Quarterly | 2005 - 2019 |
GDP Annual Growth Rate across North America
GDP Annual Growth Rate global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Canada | 1.6 Jun 2019 | 1.4 Mar 2019 | -4.1 Dec 1982 | 9.3 Mar 1962 | % | Quarterly | 1962 - 2019 |
| Mexico | -0.3 Sep 2019 | -0.9 Jun 2019 | -9.1 Jun 1995 | 9 Dec 1996 | % | Quarterly | 1994 - 2019 |
| Puerto Rico | -4.7 Dec 2018 | -3 Dec 2017 | -4.7 Dec 2018 | 13.8 Dec 1971 | % | Yearly | 1961 - 2018 |
| United States | 2.1 Sep 2019 | 2.3 Jun 2019 | -3.9 Jun 2009 | 13.4 Dec 1950 | % | Quarterly | 1948 - 2019 |