GDP (constant LCU), annual growth rate in United States

United States: GDP (constant LCU), annual growth rate was 2.8 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.8 % change on previous year
Change on year
down 3.2%
World rank
120th
of 212 countries
All-time high
7.24 % change on previous year
in 1984
All-time low
-2.58 % change on previous year
in 2009
Years of data
54
1971–2024

GDP (constant LCU), annual growth rate in United States, 1971–2024

-202468197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (constant lcu), annual growth rate in United States is 2.8 % change on previous year, measured in 2024.

Compared with earlier readings it is down 3.2% on the previous year and up 10.8% over ten years.

Over the whole period, gdp (constant lcu), annual growth rate in United States peaked at 7.24 % change on previous year in 1984 and was at its lowest, -2.58 % change on previous year, in 2009.

That places United States 120th out of 212 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU), annual growth rate in United States, year by year

Annual values for GDP (constant LCU), annual growth rate in United States, 1971 to 2024.
Year % change on previous year Change
1971 3.29 % change on previous year
1972 5.26 % change on previous year +59.6%
1973 5.65 % change on previous year +7.4%
1974 -0.5406 % change on previous year -109.6%
1975 -0.2055 % change on previous year -62.0%
1976 5.39 % change on previous year -2722.1%
1977 4.62 % change on previous year -14.2%
1978 5.54 % change on previous year +19.7%
1979 3.17 % change on previous year -42.8%
1980 -0.2567 % change on previous year -108.1%
1981 2.54 % change on previous year -1088.5%
1982 -1.8 % change on previous year -171.1%
1983 4.58 % change on previous year -354.2%
1984 7.24 % change on previous year +57.9%
1985 4.17 % change on previous year -42.4%
1986 3.46 % change on previous year -17.0%
1987 3.45 % change on previous year -0.2%
1988 4.18 % change on previous year +20.9%
1989 3.67 % change on previous year -12.1%
1990 1.89 % change on previous year -48.6%
1991 -0.1084 % change on previous year -105.7%
1992 3.52 % change on previous year -3349.4%
1993 2.75 % change on previous year -21.9%
1994 4.03 % change on previous year +46.4%
1995 2.68 % change on previous year -33.4%
1996 3.77 % change on previous year +40.5%
1997 4.45 % change on previous year +17.9%
1998 4.48 % change on previous year +0.8%
1999 4.79 % change on previous year +6.8%
2000 4.08 % change on previous year -14.9%
2001 0.9556 % change on previous year -76.6%
2002 1.7 % change on previous year +78.0%
2003 2.8 % change on previous year +64.4%
2004 3.85 % change on previous year +37.6%
2005 3.48 % change on previous year -9.5%
2006 2.78 % change on previous year -20.1%
2007 2 % change on previous year -28.0%
2008 0.1139 % change on previous year -94.3%
2009 -2.58 % change on previous year -2361.3%
2010 2.7 % change on previous year -204.6%
2011 1.56 % change on previous year -42.0%
2012 2.29 % change on previous year +46.4%
2013 2.12 % change on previous year -7.5%
2014 2.52 % change on previous year +19.2%
2015 2.95 % change on previous year +16.7%
2016 1.82 % change on previous year -38.2%
2017 2.46 % change on previous year +35.0%
2018 2.97 % change on previous year +20.7%
2019 2.58 % change on previous year -12.9%
2020 -2.16 % change on previous year -183.7%
2021 6.05 % change on previous year -379.9%
2022 2.51 % change on previous year -58.5%
2023 2.89 % change on previous year +14.9%
2024 2.8 % change on previous year -3.2%

United States compared with similar countries

  • United States's 2.8 % change on previous year is above the median for high income countries, which is 2.27 % change on previous year, 1.2× the median. (83 countries reporting)

Biggest year-on-year movements

Years where GDP (constant LCU), annual growth rate in United States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 +3349.4% -0.1084 % change on previous year 3.52 % change on previous year
1976 +2722.1% -0.2055 % change on previous year 5.39 % change on previous year
2009 -2361.3% 0.1139 % change on previous year -2.58 % change on previous year
1981 +1088.5% -0.2567 % change on previous year 2.54 % change on previous year
2021 +379.9% -2.16 % change on previous year 6.05 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.57 % change on previous year -0.5406 % change on previous year 5.65 % change on previous year 9
1980s 3.12 % change on previous year -1.8 % change on previous year 7.24 % change on previous year 10
1990s 3.23 % change on previous year -0.1084 % change on previous year 4.79 % change on previous year 10
2000s 1.92 % change on previous year -2.58 % change on previous year 4.08 % change on previous year 10
2010s 2.4 % change on previous year 1.56 % change on previous year 2.97 % change on previous year 10
2020s 2.42 % change on previous year -2.16 % change on previous year 6.05 % change on previous year 5

Countries ranked near United States

  1. 117 Panama 2.86 % change on previous year compare
  2. 118 Suriname 2.84 % change on previous year compare
  3. 119 Bulgaria 2.81 % change on previous year compare
  4. 121 Lithuania 2.77 % change on previous year compare
  5. 122 Marshall Islands 2.77 % change on previous year compare
  6. 123 Qatar 2.77 % change on previous year compare

See the full ranking of 212 places →

More population data for United States

All data for United States →

Frequently asked questions

What is gdp (constant lcu), annual growth rate in United States?
Gdp (constant lcu), annual growth rate in United States was 2.8 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (constant lcu), annual growth rate recorded in United States?
The highest recorded value was 7.24 % change on previous year in 1984.
What is the lowest gdp (constant lcu), annual growth rate recorded in United States?
The lowest recorded value was -2.58 % change on previous year in 2009.
How does United States rank for gdp (constant lcu), annual growth rate?
United States ranks 120th out of 212 countries with data for 2024.
Is gdp (constant lcu), annual growth rate rising or falling in United States?
Over the last ten years it is up 10.8%. The long-run trend across the full record is volatile.
Where does this United States data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (constant LCU), annual growth rate in United States. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-annual-growth-rate-2/united-states/

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How this figure is calculated

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
212 places, 10,021 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.