United States GDP Annual Growth Rate  1948-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in the United States expanded 1.70 percent in the third quarter of 2016 over the same quarter of the previous year. Meanwhile, the Federal Open Market Committee raised its GDP growth forecasts for 2016 to 1.9 percent from 1.8 percent in the September projection and for 2017 to 2.1 percent from 2 percent previously estimated. GDP Annual Growth Rate in the United States averaged 3.20 percent from 1948 until 2016, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -4.10 percent in the second quarter of 2009.

United States GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-03-28 12:30 PM Q4 2012 1.7%(R) 2.6%
2013-04-26 01:30 PM Q1 2013 1.8% 1.7%
2013-05-30 01:30 PM Q1 2013 1.8% 1.7% 1.8% 1.8%




United States GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.50 1.40 16.90 -10.00 percent [+]
GDP Annual Growth Rate 1.70 1.30 13.40 -4.10 percent [+]
GDP 18036.65 17393.10 18036.65 543.30 USD Billion [+]
GDP Constant Prices 16727.00 16583.10 16727.00 2084.60 USD Billion [+]
Gross National Product 16897.40 16757.60 16897.40 2098.40 USD Billion [+]
Gross Fixed Capital Formation 2779.30 2778.80 2794.50 1215.60 USD Billion [+]
GDP per capita 51638.10 50727.80 51638.10 17036.90 USD [+]
GDP per capita PPP 52704.20 51775.09 52704.20 36543.08 USD [+]
GDP From Agriculture 162.10 182.20 235.10 123.30 USD Billion [+]
GDP From Construction 779.00 761.20 779.00 528.70 USD Billion [+]
GDP From Manufacturing 2171.70 2159.00 2187.70 1679.40 USD Billion [+]
GDP From Mining 258.30 215.20 476.10 197.60 USD Billion [+]
GDP From Public Administration 2381.00 2356.50 2381.00 1705.00 USD Billion [+]
GDP From Services 12698.00 12556.10 12698.00 8469.60 USD Billion [+]
GDP From Transport 561.10 534.10 561.10 357.50 USD Billion [+]
GDP From Utilities 283.90 285.00 296.60 193.00 USD Billion [+]



United States GDP Annual Growth Rate Notes

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. This page provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.30 13.40 -4.10 1948 - 2016 percent Quarterly



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Republic of the Congo 1.20 Dec/15
Japan 1.10 Sep/16
France 1.00 Sep/16
Italy 1.00 Sep/16
Lebanon 1.00 Dec/15
Barbados 0.90 Dec/15
Saudi Arabia 0.90 Sep/16
Nepal 0.77 Dec/15
South Africa 0.70 Sep/16
Bahamas 0.60 Dec/16
Iran 0.60 Mar/15
Kazakhstan 0.40 Sep/16
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