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Indicators of economy in the United States

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in the United States reached 63.593 US dollars per inhabitant, or 20,953.03 tn US Dollar in the whole country. This makes the United States the world's largest economy. If this is calculated per inhabitant taking into account the purchasing power parity, then the United States is in the list of the world's richest countries in place 10.

Inflation in the United States was in 2021 at around 4.70%. Within the EU, the average in the same year was 2.62%.

The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: United States

Impact of the Covid-19 pandemic in 2020

Overall, the gross domestic product in the United States in 2020 decreased moderatly from 21,433.22 trillion US Dollar to 20,953.03 trillion US Dollar. Certainly, there have been shifts in some sectors of the economy, but a minus of 2.2% is still comparatively good this year. Numerous countries suffered more substantial losses. The tourism sector alone slumped by around 65 percent. The unemployment rate rose from 3.7 to 8.1 percent. The inflation rate has fallen from 1.8 percent previously to 1.2 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 United States
Total
United States
per capita
EU
Total
EU
per capita
GDP20,953.03 tn USD63,593.44 USD15,291.93 tn USD29,692.11 USD
Gross national product21,261.52 tn USD64,529.74 USD15,330.84 tn USD29,767.66 USD


the United States ranked 11th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 590 of the 2000 largest listed companies in the world originate from the United States. This is determined annually in the Forbes Global 2000 list. The 10 largest companies in the country were in 2021:

Rank 2: JPMorgan Chase (New York)
Rank 3: Berkshire Hathaway (Omaha)
Rank 6: Apple (Cupertino)
Rank 6: Bank of America (Charlotte)
Rank 10: Amazon (Seattle)
Rank 13: Alphabet (Mountain View)
Rank 15: Microsoft (Redmond)
Rank 16: Citigroup (New York)
Rank 18: Walmart (Bentonville)
Rank 19: Wells Fargo (San Francisco)

GDP development in trillion US Dollar 1960 - 2020



Im- and Exports 2020

 United States
Total
United States
per capita
EU
Total
EU
per capita
Imports2,811.12 bn USD8,531.90 USD7,340.01 bn USD14,251.98 USD
Exports2,134.45 bn USD6,478.14 USD7,939.04 bn USD15,415.11 USD


Development of imports and exports in billion US dollars 1970 - 2020

Exports
Imports



United States: AirportsLargest airports and airlines in the United StatesThe 30 biggest airports and 30 airlines in the United States with further information and data
United States: Public HolidaysPublic holidays in the United States 2022-2026Statutory and inofficial holidays in the United States for 2022 to 2026
Countries with US DollarCountries that use the US DollarUsage and exchange rates of the US Dollar. Convert the USD into any other currency.