United States GDP Annual Growth Rate 1948-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in the United States expanded 2.70 percent in the second quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in the United States averaged 3.23 percent from 1948 until 2015, 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. GDP Annual Growth Rate in the United States is reported by the U.S. Bureau of Economic Analysis.

United States GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.90 13.40 -4.10 1948 - 2015 percent Quarterly
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. Content for - United States GDP Annual Growth Rate - was last refreshed on Saturday, August 29, 2015.


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 17419.00 16768.10 17419.00 543.30 USD Billion [+]
GDP Growth Rate 3.70 0.60 16.90 -10.00 percent [+]
GDP Annual Growth Rate 2.70 2.90 13.40 -4.10 percent [+]
GDP Constant Prices 16324.30 16177.30 16324.30 2084.60 USD Billion [+]
Gross National Product 16509.30 16371.40 16509.30 2098.40 USD Billion [+]
GDP per capita 46405.26 45660.73 46405.26 15791.86 USD [+]
Gross Fixed Capital Formation 2728.60 2701.40 2728.60 1215.60 USD Billion [+]
GDP per capita PPP 52117.76 51281.58 52117.76 36543.10 USD [+]
Gdp From Agriculture 190.70 209.00 235.10 123.30 USD Billion [+]
Gdp From Construction 686.20 672.70 721.60 528.70 USD Billion [+]
Gdp From Manufacturing 2116.60 2116.90 2116.90 1679.40 USD Billion [+]
Gdp From Mining 332.50 435.10 476.10 197.60 USD Billion [+]
Gdp From Public Administration 2270.60 2257.40 2270.60 1705.00 USD Billion [+]
Gdp From Services 12096.60 12012.70 12096.60 8469.60 USD Billion [+]
Gdp From Transport 515.40 518.20 518.20 357.50 USD Billion [+]
Gdp From Utilities 296.60 294.10 296.60 193.00 USD Billion [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -2.60 Jun/15 -1.60 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.20 Jun/15 1.00 5.00 -5.60 percent [+]
France 1.00 Jun/15 0.82 12.50 -3.95 percent [+]
Germany 1.60 Jun/15 1.20 6.00 -7.90 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.67 Jun/15 4.71 7.16 1.56 percent [+]
Italy 0.50 Jun/15 0.10 10.30 -6.90 percent [+]
Japan 0.70 Jun/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.20 Jun/15 2.50 8.50 -8.10 percent [+]
Netherlands 1.60 Jun/15 2.50 5.80 -4.40 percent [+]
Russia -4.60 Jun/15 -2.20 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.20 Jun/15 1.20 5.40 -3.60 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.70 Jun/15 2.90 13.40 -4.10 percent [+]