Includes historical data for United States’ Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.
The World’s Most Dynamic, Diversified Economy
A political and economic powerhouse, the United States is home to a large consumer market, advanced infrastructure, and a well-educated workforce. Its diversified and dynamic economy makes it a leading producer of oil, gas and other mineral resources, a pioneer in research and innovation, as well as an agricultural and industrial behemoth, and a top tourist destination. Favorable corporate taxation, a high level of business freedom, and a wide range of financial, insurance and banking services allowed the U.S. to become the top destination in the world for foreign direct investment. Challenges include high public debt, a polarized political landscape, an aging population and income inequality, as well as the competition with China in trade, technology and global political influence.
Macroeconomy & Sovereign Data
| Type of Government | Federal democratic republic |
|---|---|
| Capital | Washington, D.C. |
| Sovereign Ratings |
S&P: AA+ Moody’s: Aaa Fitch Ratings: AA+ |
| Total Population | 337.1 million |
| Median Age | 38.3 |
| Adult Per Capita Income (PPP) | 89,341 |
| Total GDP (2023) | 28.8 trillion |
United States GDP & Economic Overview
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Trade & Investment
| Total Exports | USD 3.1 trillion (2023) |
|---|---|
| Leading Exports |
Refined petroleum Crude petroleum Natural gas Cars Integrated circuits |
| Total Imports | USD 2.1 trillion (2022) |
| Leading Imports |
Crude petroleum Cars Broadcasting equipment Garments Computers |
| Source: | World Integrated Trade Solution |
United States Leading Companies
| Walmart | Consumer Staples Distribution & Retail |
|---|---|
| Amazon | Consumer Discretionary, Information Technology |
| Apple | Consumer Discretionary, Information Technology |
| Alphabet | Information Technology |
| Microsoft | Information Technology |
| JPMorgan Chase | Financials |
| Berkshire Hathaway | Financials, Multi-Sector Holdings |
Major Trade Partners — Import
| China | 18% |
|---|---|
| Mexico | 13% |
| Canada | 12% |
| Japan | 5% |
| Germany | 5% |
Source: World Integrated Trade Solution
Major Trade Partners — Export
| Canada | 18% |
|---|---|
| Mexico | 16% |
| China | 9% |
| Japan | 4% |
| South Korea | 4% |
Source: World Integrated Trade Solution
Global Finance Rankings & Awards
Data Sources:
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000