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Economy & jobs
Statistics · Country
Economic growth in United States
2002 – 2024 · 23 data points
Updated Oct 21, 2026
Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2002 – 2024
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Overview
6 figures
People
18 figures
Economy
18 figures
Housing
6 figures
Education
10 figures
Tourism
3 figures
Climate
3 figures
Latest value · 2024
2.8%
First value · 2002
1.7%
vs World
−0.1 pp
World: 2.9% · 2025
Economic growth, 2002 – 2024 percent · United States
2.8%
2024
Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2002 – 2024
Compared with Economic growth · percent
United States
2.8%
World
2.9% · 2025
Sources: U.S. Bureau of Economic Analysis, Regional Economic Accounts · World Bank — World Development Indicators
The series at a glance United States · 2002 – 2024
Latest value
2.8% · 2024
First value
1.7% · 2002
Highest
6.2% · 2021
Lowest
-2.6% · 2009
Data points
23
By year
All years · 2002 – 2024
| Year | United States | Change | World |
|---|---|---|---|
| 2024 | 2.8% | 2.9% | |
| 2023 | 2.9% | 2.9% | |
| 2022 | 2.5% | 3.4% | |
| 2021 | 6.2% | 6.5% | |
| 2020 | -2.1% | -2.9% | |
| 2019 | 2.6% | 2.7% | |
| 2018 | 3.0% | 3.3% | |
| 2017 | 2.5% | 3.4% | |
| 2016 | 1.8% | 2.8% | |
| 2015 | 3.0% | 3.1% | |
| 2014 | 2.5% | 3.2% | |
| 2013 | 2.1% | 2.9% | |
| 2012 | 2.3% | 2.7% | |
| 2011 | 1.6% | 3.3% | |
| 2010 | 2.7% | 4.5% | |
| 2009 | -2.6% | -1.3% | |
| 2008 | 0.1% | 2.1% | |
| 2007 | 2.0% | 4.4% | |
| 2006 | 2.8% | 4.5% | |
| 2005 | 3.5% | 4.1% | |
| 2004 | 3.8% | 4.5% | |
| 2003 | 2.8% | 3.1% | |
| 2002 | 1.7% | 2.3% |
Sources: U.S. Bureau of Economic Analysis, Regional Economic Accounts · World Bank — World Development Indicators, 2002 – 2024
What it means
How much the economy grew or shrank compared with the year before.
How it is calculated
Change in GDP at constant prices (inflation removed) from the previous year, in percent.
Economy & jobs
United States in numbers
GDP per person
$86,142
2024
GDP per person (PPP)
$86,142
2024
Gross domestic product
$29T
2024
Inflation
2.9%
2024
Unemployment rate
3.6%
2023
Youth unemployment
9.3%
2025
Employment rate
70.3%
2024
Labour force participation
63.5%
2024
Household income per person
$64,426
2024
Median household income
$80,734
2024
Income per person
$44,673
2024
Personal income per person
$73,204
2024