GDP (current US$), annual growth rate in United States

United States: GDP (current US$), annual growth rate was 5.28 % change on previous year in 2024. ▼ Falling

Latest (2024)
5.28 % change on previous year
Change on year
down 19.8%
World rank
117th
of 211 countries
All-time high
12.96 % change on previous year
in 1978
All-time low
-1.98 % change on previous year
in 2009
Years of data
54
1971–2024

GDP (current US$), annual growth rate in United States, 1971–2024

051015197119972024

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

Analysis

United States recorded 5.28 % change on previous year for gdp (current us$), annual growth rate in 2024.

Compared with earlier readings it is down 19.8% on the previous year and up 22.6% over ten years.

Over the whole period, gdp (current us$), annual growth rate in United States peaked at 12.96 % change on previous year in 1978 and was at its lowest, -1.98 % change on previous year, in 2009.

That places United States 117th out of 211 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 54 years of available data.

GDP (current US$), annual growth rate in United States, year by year

Annual values for GDP (current US$), annual growth rate in United States, 1971 to 2024.
Year % change on previous year Change
1971 8.53 % change on previous year
1972 9.81 % change on previous year +15.0%
1973 11.44 % change on previous year +16.6%
1974 8.41 % change on previous year -26.5%
1975 9.04 % change on previous year +7.5%
1976 11.19 % change on previous year +23.8%
1977 11.13 % change on previous year -0.6%
1978 12.96 % change on previous year +16.5%
1979 11.73 % change on previous year -9.5%
1980 8.75 % change on previous year -25.3%
1981 12.24 % change on previous year +39.8%
1982 4.26 % change on previous year -65.2%
1983 8.68 % change on previous year +103.6%
1984 11.11 % change on previous year +27.9%
1985 7.46 % change on previous year -32.8%
1986 5.55 % change on previous year -25.7%
1987 6.02 % change on previous year +8.5%
1988 7.85 % change on previous year +30.5%
1989 7.74 % change on previous year -1.5%
1990 5.7 % change on previous year -26.3%
1991 3.27 % change on previous year -42.6%
1992 5.88 % change on previous year +79.9%
1993 5.19 % change on previous year -11.8%
1994 6.25 % change on previous year +20.5%
1995 4.84 % change on previous year -22.6%
1996 5.67 % change on previous year +17.3%
1997 6.25 % change on previous year +10.1%
1998 5.66 % change on previous year -9.5%
1999 6.27 % change on previous year +10.8%
2000 6.44 % change on previous year +2.6%
2001 3.23 % change on previous year -49.8%
2002 3.28 % change on previous year +1.6%
2003 4.83 % change on previous year +47.1%
2004 6.64 % change on previous year +37.6%
2005 6.73 % change on previous year +1.3%
2006 5.95 % change on previous year -11.5%
2007 4.77 % change on previous year -19.9%
2008 2.04 % change on previous year -57.1%
2009 -1.98 % change on previous year -196.7%
2010 3.94 % change on previous year -299.6%
2011 3.66 % change on previous year -7.2%
2012 4.19 % change on previous year +14.6%
2013 3.86 % change on previous year -8.1%
2014 4.31 % change on previous year +11.8%
2015 3.9 % change on previous year -9.5%
2016 2.79 % change on previous year -28.6%
2017 4.29 % change on previous year +54.0%
2018 5.33 % change on previous year +24.1%
2019 4.28 % change on previous year -19.7%
2020 -0.863 % change on previous year -120.2%
2021 10.9 % change on previous year -1362.7%
2022 9.82 % change on previous year -9.9%
2023 6.59 % change on previous year -32.9%
2024 5.28 % change on previous year -19.8%

United States compared with similar countries

  • United States's 5.28 % change on previous year is below the median for high income countries, which is 5.39 % change on previous year, 98% of the median. (82 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$), 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
2021 +1362.7% -0.863 % change on previous year 10.9 % change on previous year
2010 +299.6% -1.98 % change on previous year 3.94 % change on previous year
2009 -196.7% 2.04 % change on previous year -1.98 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.47 % change on previous year 8.41 % change on previous year 12.96 % change on previous year 9
1980s 7.97 % change on previous year 4.26 % change on previous year 12.24 % change on previous year 10
1990s 5.5 % change on previous year 3.27 % change on previous year 6.27 % change on previous year 10
2000s 4.19 % change on previous year -1.98 % change on previous year 6.73 % change on previous year 10
2010s 4.05 % change on previous year 2.79 % change on previous year 5.33 % change on previous year 10
2020s 6.35 % change on previous year -0.863 % change on previous year 10.9 % change on previous year 5

Countries ranked near United States

  1. 114 Israel 5.5 % change on previous year compare
  2. 115 Denmark 5.49 % change on previous year compare
  3. 116 Tuvalu 5.44 % change on previous year compare
  4. 118 Ukraine 5.25 % change on previous year compare
  5. 119 South Africa 5.14 % change on previous year compare
  6. 120 Senegal 5.12 % change on previous year compare

See the full ranking of 211 places →

More population data for United States

All data for United States →

Frequently asked questions

What is gdp (current us$), annual growth rate in United States?
Gdp (current us$), annual growth rate in United States was 5.28 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in United States?
The highest recorded value was 12.96 % change on previous year in 1978.
What is the lowest gdp (current us$), annual growth rate recorded in United States?
The lowest recorded value was -1.98 % change on previous year in 2009.
How does United States rank for gdp (current us$), annual growth rate?
United States ranks 117th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in United States?
Over the last ten years it is up 22.6%. The long-run trend across the full record is falling.
Where does this United States data come from?
The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

The year-on-year percentage change in GDP (current US$). 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 (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

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