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    GDP

    Gross Domestic Product — Current Value & Historical Data

    Billions of DollarsQuarterlySeasonally Adjusted Annual Rate
    FRED
    Current Value
    31,819.46
    Billions of Dollars
    As of January 1, 2026
    +1.26%period change
    Oct 49Apr 55Oct 60Apr 66Jul 71Jul 76Oct 81Apr 87Oct 92Apr 98Oct 03Apr 09Jul 14Jan 20Jan 2608.0K16.0K24.0K32.0KBillions of Dollars

    Gray bands: NBER recessions

    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 January 1, 2026, the current gross domestic product is 31819.46 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.

    Historical Trend

    Gross Domestic Product rose 1.26% quarter-over-quarter. Over the past year, gross domestic product rose 5.92% from January 2025. In the series' tracked history, the highest recorded value was 31819.46 (January 2026), and the lowest was 243.16 (January 1947).

    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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