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Indicators of economy in the United States of America

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in the United States of America, on the other hand, reached USD 70,249 per capita, or 23.315 trillion USD for the whole country. This makes the United States of America the world's largest economy. If this is calculated per inhabitant, taking purchasing power parity into account, then the United States ranks 11th in the list of the richest countries.

Inflation in the United States of America in 2021 was around 4.70%. Within the EU, the average in the same year was 2.55 percent.

The index for perceived corruption in the public sector is 69, which is rather mediocre by global standards.


Back to overview: United States

Impact of the COVID-19 pandemic

Overall, the gross domestic product in the United States in 2020 decreased moderatly from 21.381 trillion US dollars to 21.060 trillion US dollars. Certainly, there have been shifts in some sectors of the economy, but a drop of 1.5 percent 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 fell from 1.8 percent previously to 1.2 percent by the end of 2020.

Unemployment rates in percentages 1991 - 2021

Economic performance 2021

 United States
Total
United States
per capita
EU
Total
EU
per capita
GDP23.315 tn USD70,248.63 USD17.177 tn USD33,384.92 USD
Gross national product23.540 tn USD70,926.07 USD16.895 tn USD32,835.37 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. Out of the 2,000 largest listed companies in the world, 585 originate from the United States. This is determined annually in the Forbes Global 2000 list. The 10 largest companies in the country in 2022 were:

Rank 1: Berkshire Hathaway (Omaha)
Rank 4: JPMorgan Chase (New York)
Rank 6: Amazon (Seattle)
Rank 7: Apple (Cupertino)
Rank 9: Bank of America (New York)
Rank 11: Alphabet (Mountain View)
Rank 12: Microsoft (Redmond)
Rank 15: ExxonMobil (Irving)
Rank 18: Wells Fargo (San Francisco)
Rank 19: Verizon Communications (New York)

Development of gross domestic product in trillions of USD 1960 - 2021



Imports and Exports 2021

 United States
Total
United States
per capita
EU
Total
EU
per capita
Imports3.394 tn USD10,227.21 USD8.916 tn USD17,329.02 USD
Exports2.533 tn USD7,631.81 USD9.554 tn USD18,569.19 USD


Development of imports and exports in billions of USD 1970 - 2021

Exports
Imports



United States of America: AirportsLargest airports and airlines in the United States of AmericaThe 30 biggest airports and 15 airlines in the United States of America with further information and data with further information on airlines and destinations
United States of America: Public HolidaysPublic holidays in the United States of America 2023-2027Statutory and inofficial holidays in the United States of America for 2023 to 2027
Currency: US dollarCountries that use the US dollarUsage and exchange rates of the US dollar. Convert USD to any other currency.