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The U.S. public debt was $909 billion in 1980, an amount equal to 33% of America's gross domestic product (GDP); by 1990, that number had more than tripled to $3.2 trillion – 56% of GDP. [372] In 2001 the national debt was $5.7 trillion; however, the debt-to-GDP ratio remained at 1990 levels. [373]
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $28.269 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($3.987 trillion), Texas ($2.664 trillion), and New York ($2.226 trillion).
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2 ] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of ...
The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP). [ a ] GDP in 2014 Q1 decline was due to foreclosures and increased rates of household saving.
US GDP by CBSA, 2022. This is a list of U.S. metropolitan areas by their gross domestic product (GDP). ... 2021 2018 2017 2016 2015 2014 2013 2012
This is a list of cities in the world by nominal gross domestic product (GDP). ... United States: 8.104 (2021) [13] 125,767 (2021) [28] Amiens
On July 1, 2021, the Congressional Budget Office said the federal deficit would reach $3 trillion for the second year in a row. [186] The national debt of the United States as of January 2022 reached $30 trilion. [ 187 ]
August 26, 2024 at 4:10 PM. Latinas contributed $1.3 trillion to the U.S. gross domestic product in 2021, up from $661 billion in 2010 and at a growth rate nearly triple that of non-Latinos during ...