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    GDP

    Gross Domestic Product — Current Value & Historical Data

    Billions of DollarsQuarterlySeasonally Adjusted Annual Rate
    FRED
    Current Value
    31,422.53
    Billions of Dollars
    As of October 1, 2025
    +1.04%period change
    Oct 14Oct 15Oct 16Oct 17Oct 18Oct 19Oct 20Oct 21Oct 22Oct 23Oct 24Oct 2508.0K16.0K24.0K32.0KBillions of Dollars

    What is Gross Domestic Product?

    U.S. Gross Domestic Product (GDP) is the total dollar value of all final goods and services produced within the United States during a given period, published quarterly by the Bureau of Economic Analysis. Nominal GDP measures output at current-period prices — not adjusted for inflation — and is the denominator in the debt-to-GDP ratio, revenue-to-GDP comparisons, and other fiscal sustainability metrics. BEA releases three estimates for each quarter: an advance release about one month after quarter-end, a second estimate, and a third estimate, each incorporating more complete source data. Benchmark revisions every five years reconcile GDP against the underlying industry and tax-return source data. U.S. nominal GDP crossed $28 trillion in 2024, more than triple the $9 trillion level in 2000.

    Current Gross Domestic Product Value

    As of October 1, 2025, the current gross domestic product is 31422.53 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.

    Historical Trend

    Gross Domestic Product rose 1.04% quarter-over-quarter. Over the past year, gross domestic product rose 5.36% from October 2024. In the series' tracked history, the highest recorded value was 31422.53 (October 2025), and the lowest was 17197.74 (January 2014).

    Methodology & Source

    Source: Bureau of Economic Analysis

    Frequency: Quarterly

    Units: Billions of Dollars

    Notes:

    BEA Account Code: A191RC Gross domestic product (GDP), the featured measure of U.S. output, is the market value of the goods and services produced by labor and property located in the United States.For more information, see the Guide to the National Income and Product Accounts of the United States ...

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