united states gdp per capita 2020

GDP per capita is gross domestic product divided by midyear population. Evolution: GDP growth rate at constant prices United States, United States (USA) GDP - Gross Domestic Product, Subscribe to our free email alert service, In March of 2021, Industrial Production went up in Sweden, Producer price goes up in April of 2021 in Turkey, In March of 2021, Industrial Production went up in Malta, In March of 2021, Producer price went up in Romania, Fewer April passenger car sales in United States, Paraguayans CPI increased up to 2.5% year-on-year in April of 2021, In March of 2021, Industrial Production went up in Portugal, Producer price increases up to 2.9% in March of 2021 in Austria. The percent change in real GDP in the fourth quarter ranged from 9.9 percent in South Dakota to 1.2 percent in the District of Columbia. The absolute value of GDP in United States dropped €815,268$496,600 million with respect to 2019. In 2020, the United States' real per capita personal income grew by 4.52% 63,051 (US dollars) in 2020. Projected growth rate: % Debt. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The GDP figure in 2020 was €18,330,065$20,936,600 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. GDP per Capita in the United States of America (with a population of 325,084,756 people) was $53,366 in 2017, an increase of $823 from $52,543 in 2016; this represents a change of 1.6% in GDP per capita. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. Retail sales grew 9.8% in month-on-month seasonally-adjusted terms in March, which contrasted February's 2.7% decrease. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. In 2019, the gross domestic product per … The chart below provides the US GDP per capita data from 1980 to 2020. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in United States was €36,557$48,403. United States Economic News. In 2019, GDP per capita for United States of America was 65,298 US dollars. GDP per capita is gross domestic product divided by midyear population. GDP per capita (current US$) - United States. In the long-term, the United States GDP per capita is projected to trend around 54200.00 USD in 2021 and 55000.00 USD in 2022, according to our econometric models. Here you will find an updated list and a map with all the countries by GDP per capita according to the most recent data from the International Monetary Fund (2020).. Texas represents 8.8% of the total GDP of the United States. I hope you find the information useful. China. 63,051 (US dollars) in 2020. US$ per capita. -tenths of one percent less than the previous year, when changed 2.2%. Publish your articles and forecasts in our website. GDP – Nominal: $14.86 trillion. GDP per capita is gross domestic product divided by midyear population. 1. CSV XML EXCEL. Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the fourth quarter of 2020, as real GDP for the nation increased at an annual rate of 4.3 percent. The US has the most technologically powerful economy in the world, with a per capita GDP of $59,500. U.S. gdp per capita … India. GDP per capita is gross domestic product divided by midyear population. The Trading Economics Application Programming Interface (API) provides direct access to our data. India’s economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK … 2. April 13, 2021 The ratio of largest per capita GDP to smallest per capita GDP was up from 2.27 last quarter and up from 2.27 last year. GDP per capita PPP in the United States is expected to reach 59770.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. Rebasing changes the reference year (or base year) for the real (chained dollar and quantity index) estimates and price indexes and expresses GDP and other NIPA … The US GDP per capita was GDP per capita, PPP (current international $) - United States from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Its Gross Savings Rate was measured at 16.5 % in Sep 2020. It has been suggested that this article be merged into List of states and territories of the United States by GDP. United States GDP Value was 21433 USD Billion in 2021. The period from which the weights for a measurement series are derived. HCI and GDP Per Capita PPP (log scale, horizontal axis) ... United States. Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the fourth quarter of 2020, as real GDP for the nation increased at an annual rate of 4.3 percent. On average, the United States' real per capita personal income grew at an annual rate of 2.27% over 1959-2020. GDP per capita (current US$) - United States from The World Bank: Data. The US GDP reached $20,580 billion and India GDP reached $2,719 billion during 2018. The national income and product accounts (NIPAs) currently use the year 2000 as the base period. If we order the countries according to their GDP per capita, United States is very well positioned in terms of the standard of living of its population, coming 8th out of the 196 countries whose GDP we publish. The United States recorded its highest growth in 1984 (5.53%) and posted its lowest growth in 2009 (-3.87%). So, the US GDP was 7.6-times of India GDP in 2018. The current base year for GDP calculations is 2012. Between 1970 and 2019, GDP per capita of United States of America grew substantially from 5,234 to 65,298 US dollars rising at an increasing annual rate that reached a maximum of 11.77% in 1978 and then decreased to 3.65% in 2019. For Nominal GDP contributions, Investment accounted for 21.9 % in Dec 2020. GDP per capita of United States of America increased from 37,101 US dollars in 2001 to 63,051 US dollars in 2020 growing at an average annual rate of 2.86%. Its GDP deflator (implicit price deflator) increased 1.3 % in Dec 2020. The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. GDP Per Capita in US reached 59,484.0 USD in Dec 2017. ( Discuss ) Proposed since April 2021. US Real GDP Growth 1980-2020 During 2018, the US real GDP growth was 2.9%. The latest comprehensive information for - United States GDP per capita - including latest news, historical data table, charts and more. 63,051 (US dollars) in 2020. U.S. gdp per capita for 2019 was $65,298, a 3.65% increase from 2018. Find Out . Gross Domestic Product of United States grew 1.6% in the forth quarter of 2020 compared to the previous quarter. In 2020, GDP per capita for United States of America was 63,051 US dollars. The US has the most technologically powerful economy in the world, with a per capita GDP of $59,500. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. In the latest reports, Nominal GDP of US reached 5,369.9 USD bn in Dec 2020. This is a list of U.S. states and U.S. territories sorted by their gross domestic product (GDP) per capita . This rate is 57 GDP Growth Rate in 2017 was 2.27%, representing a change of 376,278,687,800 US$ over 2016, when Real GDP was $16,972,347,070,400. The GDP per capita of United States in 2020 was €55,806 $63,742, €2,482 $1,512 less than in 2019, when it was €58,288 $65,254. Read more. In 2020, GDP per capita for United States of America was 63,051 US dollars. ( Discuss ) Proposed since April 2021. Dollars) GDP growth gains momentum in the first quarter. . GDP per capita in the United States is expected to reach 53240.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States GDP per capita PPP is projected to trend around 60500.00 USD in 2021 and 61100.00 USD in 2022, according to our econometric models. GDP per capita ($/Int. GDP per Capita: $10,839. Fifty states saw their per capita GDP contract in current dollars from the previous quarter. Household debt, % of net disposable income, 2018 ... Q2-2020 United States Per 100 inhabitants: Total Per 100 inhabitants Q4-2010-Q2-2020 United States (red), OECD - Total (black) Total Per 100 inhabitants Gross Domestic Product of United States fell -3.5% in 2020 compared to last year. The median per capita GDP in the 50 US states is $57,227.97 (down from $63,336.46 last quarter and down from $62,664.88 last year) and the mean $58,540.03 (down from $64,860.75 the previous quarter and down from $64,333.38 last year). United States Gross Domestic Product (GDP) per Capita reached 59,484.000 USD in Dec 2017, compared with 57,542.000 USD in Dec 2016. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. The statistic shows the gross domestic product (GDP) per capita in the United States from 1985 to 2019, with projections up until 2025. U.S. Economic Growth - Historical Data; Date GDP Per Capita Growth Rate; 2018-12-01: $20,891.37B: $63,647: 2.56%: 2018-09-01: $20,658.20B: $63,041: 3.31%: 2018-06-01 United States GDP (Gross Domestic Product) was INT$0.00billion for 2020 in PPP terms. With the per-capita gross domestic product of the state being $61,682, the Texas GDP ranking in this category is a bit worse. Find Out The year-on-year change in GDP was 0.4%, 28 -tenths of one percent more than the -2.4% recorded in the forth quarter of 2020. This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. Key information about United States GDP Per Capita. The statistic shows the gross domestic product (GDP) per capita in the United States from 1985 to 2019, with projections up until 2025. The GDP per capita of United States in 2020 was €55,806$63,742, €2,482$1,512 less than in 2019, when it was €58,288$65,254. This is a list of U.S. states and territories by Gross Domestic Product (GDP). Here we show you the progression of the GDP in United States. Download historical data for 20 million indicators using your browser. In Q4 of 2019, the economy even hit the $1.91 trillion mark before dropping to the current $1.89 trillion. The GDP per capita of United States in 2020 was $63,742, $1,512 less than in 2019, when it was $65,254. United States: Inflation hits highest level since August 2018 in March. United States: Retail sales record quickest growth since May 2020 in March. $) Nominal PPP; 2020: 63,051: 63,051: 2021: 66,144: 66,144: 2022: 69,004: 69,004: 2023: 71,538: 71,538: 2024: 73,974: 73,974: 2025: 76,475: 76,475 INTRODUCTION. Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q1 2021 about per capita, real, GDP, and USA. The median per capita GDP in the 50 US states is $57,227.97 (down from $63,336.46 last quarter and down from $62,664.88 last year) and the mean $58,540.03 (down from $64,860.75 the previous quarter and down from $64,333.38 last year). According to a preliminary GDP estimate released by the Bureau of Economic Analysis, the economy expanded 6.4% in Q1 in seasonally-adjusted annualized terms (SAAR), beating analysts’ expectations of 6.1% growth and accelerating from the previous quarter’s 4.3% rise. Direct access to our calendar releases and historical data. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. US dollars/capita 2019 United States US dollars/capita: Total US dollars/capita 2000-2019 United States (red) Total US dollars/capita 2019 United States (red) Hospital beds Indicator: 2.9 Total Per 1 000 inhabitants 2017 United States Per 1 000 inhabitants: Total Per 1 000 inhabitants 1998-2017 United States (red) Total Per 1 000 inhabitants 2018 GDP Growth Rate in 2017 was 2.27%, representing a change of 376,278,687,800 US$ over 2016, when Real GDP was $16,972,347,070,400. The GDP per capita of United States in 2020 was $63,742, $1,512 less than in 2019, when it … US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. The percent change in real GDP in the fourth quarter ranged from 9.9 percent in South Dakota to 1.2 percent in the District of Columbia. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in United States … GDP – Purchasing Power Parity … You can see GDP in other countries in GDP and see all the economic information about United States in United States's economy. GDP per Capita in the United States of America (with a population of 325,084,756 people) was $53,366 in 2017, an increase of $823 from $52,543 in 2016; this represents a change of 1.6% in GDP per capita. April 15, 2021. US GDP Per Capita data is updated yearly, available from Dec 1929 to Dec 2017, with an average number of 6,740.000 USD. This page is a list of the countries of the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year. 1. IMF estimates the US GDP per capita to be $64,767 during 2019 and $66,900 during 2020. This is a list of U.S. states and U.S. territories sorted by their gross domestic product (GDP) per capita . Let us start by comparing the economy size and per capita output of the US and India. This rate is 5 -tenths of one percent higher than the figure of 1.1% published in the third quarter of 2020. Structure of United States GDP: from agriculture, manufacturing, mining and services. USA - GDP per capita (U.S. 2. Gross domestic product (GDP), US dollars/capita, 2020. United States of America - Gross domestic product per capita in current prices. ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 1960-2019 Data | 2020-2021 Forecast | Historical. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). It has been suggested that this article be merged into List of states and territories of the United States by GDP. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. US Q1 Nonfarm Labor Costs Fall Less than Expected, US Labour Productivity Rises More than Expected, US Weekly Jobless Claims Fall to Over 1-Year Low, US Crude Stocks Post Biggest Fall in Over 3 Months, US Services Sector Activity Growth Eases in April, US Services Sector Expands at Record Pace: Markit, Brazilian Equities Edge Higher on Thursday, Baltic Exchange Dry Index Snaps 15-Day Winning Run, Taiwan Wholesale Price Inflation Jumps to 11-Year High. In the third quarter of 2020, the state of California added about 2.74 trillion chained (2012) U.S. dollars of value to the U.S. real GDP. Data. World Bank national accounts data, and OECD National Accounts data files. Fifty states saw their per capita GDP contract in current dollars from the previous quarter. In this category is a list of U.S. States and U.S. territories sorted by their gross domestic divided! Programming Interface ( API ) provides direct access to our data U.S. States and U.S. territories sorted by their domestic... 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