World Factbook

United States

United States of America

Last updated: 2026-03-28 (today)

Budget

note

note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated

revenues

$4.877 trillion (2023 est.)

expenditures

$6.857 trillion (2023 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2022

$3.039 trillion (2022 est.)

Exports 2023

$3.072 trillion (2023 est.)

Exports 2024

$3.191 trillion (2024 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2022

$3.984 trillion (2022 est.)

Imports 2023

$3.857 trillion (2023 est.)

Imports 2024

$4.108 trillion (2024 est.)

Industries

highly diversified, world leading, high-technology innovator, second-largest industrial output in the world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining

Labor force

174.174 million (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

note

note: central government debt as a % of GDP

Public debt 2023

114.8% of GDP (2023 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2022

0% of GDP (2022 est.)

Remittances 2023

0% of GDP (2023 est.)

Remittances 2024

0% of GDP (2024 est.)

Exchange rates

British pounds per US dollar: 0.782 (2024 est.), 0.805 (2023 est.), 0.811 (2022 est.), 0.727 (2021 est.), 0.780 (2020 est.) Canadian dollars per US dollar: 1.369 (2024 est.), 1.35 (2023 est.), 1.302 (2022 est.), 1.254 (2021 est.), 1.341 (2020 est.) Chinese yuan per US dollar: 0.783 (2024 est.), 7.084 (2023 est.), 6.737 (2022 est.), 6.449 (2021 est.), 6.901 (2020 est.) euros per US dollar: 0.924 (2024 est.), 0.925 (2023 est.), 0.950 (2022 est.), 0.845 (2021 est.), 0.876 (2020 est.) Japanese yen per US dollar: 151.366 (2024 est.), 140.49 (2023 est.), 131.50 (2022 est.), 109.75 (2021 est.), 106.78 (2020 est.) note 1: the following countries and territories use the US dollar officially as their legal tender: British Virgin Islands, Ecuador, El Salvador, Marshall Islands, Micronesia, Palau, Timor Leste, Turks and Caicos, and islands of the Caribbean Netherlands (Bonaire, Sint Eustatius, and Saba) note 2: the following countries and territories use the US dollar as official legal tender alongside local currency: Bahamas, Barbados, Belize, and Panama

Economic overview

world’s largest economy by nominal GDP; largest importer and second-largest exporter; home to leading financial exchanges and global reserve currency; high and growing public debt; inflation moderating but remains above pre-pandemic levels

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

3.7% (2022 est.)

Unemployment rate 2023

3.7% (2023 est.)

Unemployment rate 2024

4.2% (2024 est.)

Exports - partners

Canada 14%, Mexico 13%, China 8%, Germany 5%, Japan 4% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

Mexico 15%, China 15%, Canada 14%, Germany 5%, Japan 5% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$72,700 (2022 est.)

Real GDP per capita 2023

$74,200 (2023 est.)

Real GDP per capita 2024

$75,500 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

2.5% (2022 est.)

Real GDP growth rate 2023

2.9% (2023 est.)

Real GDP growth rate 2024

2.8% (2024 est.)

Agricultural products

maize, soybeans, milk, wheat, sugar beets, sugarcane, potatoes, chicken, pork, tomatoes (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

crude petroleum, refined petroleum, natural gas, gas turbines, cars (2023)

note: top five export commodities based on value in dollars

Imports - commodities

cars, crude petroleum, broadcasting equipment, computers, garments (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2022

-$1.012 trillion (2022 est.)

Current account balance 2023

-$905.378 billion (2023 est.)

Current account balance 2024

-$1.134 trillion (2024 est.)

Taxes and other revenues

10.6% (of GDP) (2023 est.)

note: central government tax revenue as a % of GDP

GDP (official exchange rate)

$29.185 trillion (2024 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

67.9% (2024 est.)

government consumption

13.4% (2024 est.)

investment in inventories

0.1% (2024 est.)

investment in fixed capital

21.6% (2024 est.)

exports of goods and services

10.9% (2024 est.)

imports of goods and services

-14% (2024 est.)

Average household expenditures

on food

6.8% of household expenditures (2023 est.)

on alcohol and tobacco

1.9% of household expenditures (2023 est.)

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

8% (2022 est.)

Inflation rate (consumer prices) 2023

4.1% (2023 est.)

Inflation rate (consumer prices) 2024

2.9% (2024 est.)

Industrial production growth rate

3.25% (2021 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$24.276 trillion (2022 est.)

Real GDP (purchasing power parity) 2023

$24.977 trillion (2023 est.)

Real GDP (purchasing power parity) 2024

$25.676 trillion (2024 est.)

Youth unemployment rate (ages 15-24)

male

10.4% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

9.4% (2024 est.)

female

8.3% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$706.644 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$773.426 billion (2023 est.)

Reserves of foreign exchange and gold 2024

$910.037 billion (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

17.3% (2024 est.)

services

79.7% (2024 est.)

agriculture

0.9% (2024 est.)

Household income or consumption by percentage share

note

note: % share of income accruing to lowest and highest 10% of population

lowest 10%

1.8% (2023 est.)

highest 10%

30.4% (2023 est.)

Gini Index coefficient - distribution of family income

note

note: index (0-100) of income distribution; higher values represent greater inequality

Gini Index coefficient - distribution of family income 2023

41.8 (2023 est.)