The US economy expanded by 2.2% in 2025, slowing from 2.8% in 2024 and marking the weakest annual growth rate since the 2.1% contraction recorded during the pandemic in 2020. While consumer spending and nonresidential investment remained solid, net exports weighed on growth. The rollout of US tariffs in the first half of the year prompted businesses and households to front-load purchases, driving imports to record highs and widening the trade deficit. Residential investment also declined, and federal government spending contracted amid the longest government shutdown on record. Public-sector employment continued to fall as aggressive downsizing efforts, including buyouts and restructuring initiatives led by the Department of Government Efficiency (DOGE), reduced the federal workforce. source: U.S. Bureau of Economic Analysis
Full Year GDP Growth in the United States decreased to 2.20 percent in 2025 from 2.80 percent in 2024. Full Year GDP Growth in the United States averaged 3.28 percent from 1930 until 2025, reaching an all time high of 18.90 percent in 1942 and a record low of -12.90 percent in 1932. This page includes a chart with historical data for the United States Full Year GDP Growth. United States Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.
Full Year GDP Growth in the United States decreased to 2.20 percent in 2025 from 2.80 percent in 2024. Full Year GDP Growth in the United States is expected to reach 2.30 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Full Year GDP Growth is projected to trend around 2.00 percent in 2027 and 1.90 percent in 2028, according to our econometric models.